v3.26.1
Consolidated Condensed Statements of Income (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
INTEREST AND DIVIDEND INCOME        
Interest income - loans including fees $ 72,977,000 $ 47,050,000 $ 128,086,000 $ 93,758,000
Taxable securities 7,873,000 7,384,000 15,647,000 14,480,000
Tax exempt securities 3,665,000 2,377,000 6,455,000 4,828,000
Dividends 692,000 462,000 1,453,000 1,003,000
Federal funds sold and other interest income 887,000 429,000 1,568,000 939,000
TOTAL INTEREST AND DIVIDEND INCOME 86,094,000 57,702,000 153,209,000 115,008,000
INTEREST EXPENSE        
Deposits 25,985,000 20,240,000 46,424,000 39,957,000
Short-term borrowings 2,874,000 1,536,000 6,009,000 3,954,000
Long-term borrowings 1,203,000 1,005,000 2,177,000 1,980,000
TOTAL INTEREST EXPENSE 30,062,000 22,781,000 54,610,000 45,891,000
NET INTEREST INCOME 56,032,000 34,921,000 98,599,000 69,117,000
(Credit) Provision for credit losses 2,074,000 3,586,000 1,061,000 3,608,000
Provision (credit) for unfunded commitments 363,000 (38,000) 342,000 (264,000)
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 53,595,000 31,373,000 97,196,000 65,773,000
NONINTEREST INCOME        
Bank owned life insurance income 1,401,000 832,000 2,893,000 1,642,000
Security gains (losses), including fair value changes for equity securities 22,000 36,000 4,000 (1,278,000)
Net gains on sale of loans 398,000 329,000 778,000 655,000
Other mortgage banking income (loss), net 199,000 27,000 676,000 174,000
Other operating income 826,000 1,204,000 1,723,000 2,384,000
Total noninterest income 14,413,000 12,122,000 28,100,000 22,603,000
NONINTEREST EXPENSES        
Salaries and employee benefits 21,312,000 14,722,000 39,823,000 30,888,000
Occupancy and equipment 5,935,000 4,119,000 11,060,000 8,258,000
FDIC insurance and state and local taxes 1,933,000 1,262,000 3,536,000 2,524,000
Professional fees 1,357,000 1,026,000 2,469,000 2,223,000
System conversion/Acquisition related costs 1,695,000 0 5,676,000 0
Advertising 627,000 454,000 1,171,000 910,000
Intangible amortization 1,195,000 735,000 2,060,000 1,469,000
Core processing charges 2,327,000 1,401,000 4,077,000 2,798,000
Other operating expenses 4,493,000 3,456,000 8,319,000 6,631,000
TOTAL NONINTEREST EXPENSES 40,874,000 27,175,000 78,191,000 55,701,000
INCOME BEFORE INCOME TAXES 27,134,000 16,320,000 47,105,000 32,675,000
Income Tax Expense (Benefit) 4,099,000 2,410,000 7,806,000 5,187,000
NET INCOME $ 23,035,000 $ 13,910,000 $ 39,299,000 $ 27,488,000
EARNINGS PER SHARE - basic (in dollars per share) $ 0.39 $ 0.37 $ 0.76 $ 0.73
EARNINGS PER SHARE - diluted (in dollars per share) $ 0.39 $ 0.37 $ 0.76 $ 0.73
Deposit Account [Member]        
NONINTEREST INCOME        
Noninterest revenue $ 2,434,000 $ 1,749,000 $ 4,400,000 $ 3,507,000
Fiduciary and Trust [Member]        
NONINTEREST INCOME        
Noninterest revenue 3,089,000 2,596,000 6,119,000 5,237,000
Insurance Agency Commissions [Member]        
NONINTEREST INCOME        
Noninterest revenue 1,485,000 1,828,000 3,168,000 3,569,000
Retirement Plan Consulting [Member]        
NONINTEREST INCOME        
Noninterest revenue 954,000 783,000 1,840,000 1,581,000
Investment Commissions [Member]        
NONINTEREST INCOME        
Noninterest revenue 1,044,000 721,000 1,915,000 1,250,000
Credit and Debit Card [Member]        
NONINTEREST INCOME        
Noninterest revenue $ 2,561,000 $ 2,017,000 $ 4,584,000 $ 3,882,000