v3.26.1
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Interest and dividend income:        
Loans, including fees $ 65,553 $ 65,668 $ 129,876 $ 129,787
Taxable investment securities 9,732 9,871 18,942 19,672
Tax-exempt investment securities 684 709 1,366 1,417
Deposits in other financial institutions 2,331 1,484 4,831 3,738
Dividend income on FRB and FHLB stock 389 388 770 712
Total interest income 78,689 78,120 155,785 155,326
Deposits:        
Demand 757 443 1,279 895
Savings and money market 7,554 8,414 15,056 17,276
Time 6,488 7,616 13,153 15,723
Long-term debt 1,056 1,851 2,105 3,937
Total interest expense 15,855 18,324 31,593 37,831
Net interest income 62,834 59,796 124,192 117,495
Provision for credit losses 4,382 4,987 6,735 9,159
Net interest income after provision for credit losses 58,452 54,809 117,457 108,336
Other operating income:        
Mortgage banking income 693 744 1,342 1,341
Service charges on deposit accounts 2,250 2,124 4,549 4,271
Other service charges and fees 6,330 5,957 12,119 11,723
Income from fiduciary activities 1,580 1,501 3,003 3,125
Income from bank-owned life insurance 2,999 2,260 3,398 2,757
Other 768 427 1,783 892
Total other operating income 14,620 13,013 26,194 24,109
Other operating expense:        
Salaries and employee benefits 25,372 22,696 48,457 44,515
Net occupancy 4,299 4,253 8,621 8,645
Computer software 4,952 5,320 9,997 10,034
Legal and professional services 2,607 2,873 4,991 5,671
Equipment 822 950 1,629 2,032
Advertising 762 832 1,759 1,719
Communication 840 901 1,663 1,934
Other 6,526 6,121 12,729 11,468
Total other operating expense 46,180 43,946 89,846 86,018
Income before income taxes 26,892 23,876 53,805 46,427
Income tax expense 6,070 5,605 12,258 10,396
Net income $ 20,822 $ 18,271 $ 41,547 $ 36,031
Per common share data:        
Basic earnings per share (in dollars per share) $ 0.80 $ 0.68 $ 1.59 $ 1.33
Diluted earnings per share (in dollars per share) $ 0.80 $ 0.67 $ 1.58 $ 1.33
Basic weighted average shares outstanding (in shares) 25,999,122 26,988,169 26,137,665 27,037,388
Diluted weighted average shares outstanding (in shares) 26,109,241 27,069,677 26,261,252 27,139,969