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        
Interest and Fees on Loans $ 47,181 $ 45,600 $ 94,307 $ 90,150
Interest on Deposits at Banks 1,200 1,622 2,875 3,243
Interest and Dividends on Investment Securities:        
Fully Taxable 4,717 3,790 9,246 7,398
Exempt from Federal Taxes 519 561 983 1,148
Total Interest and Dividend Income 53,617 51,573 107,411 101,939
INTEREST EXPENSE        
Interest-Bearing Checking Accounts 2,162 1,941 4,262 3,744
Savings Deposits 8,933 9,367 17,649 18,850
Time Deposits over $250 1,052 1,726 2,248 3,537
Other Time Deposits 4,304 5,793 9,740 11,322
Borrowings 1,019 0 1,019 167
Junior Subordinated Obligations Issued to Unconsolidated Subsidiary Trusts 171 171 340 340
Interest on Financing Leases 45 42 92 89
Total Interest Expense 17,686 19,040 35,350 38,049
NET INTEREST INCOME 35,931 32,533 72,061 63,890
Provision for Credit Losses 2,827 594 3,375 5,613
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 33,104 31,939 68,686 58,277
NON-INTEREST INCOME        
Insurance Commissions 1,974 1,804 4,087 3,630
Net Gain (Loss) on Securities 155 (40) 300 277
Net Gain on Sales of Loans 154 213 444 314
Other Operating Income 298 447 938 907
Total Non-Interest Income 8,256 7,609 16,884 15,448
NON-INTEREST EXPENSE        
Salaries and Employee Benefits 15,097 14,086 30,019 27,641
Occupancy Expenses, Net 2,101 1,952 4,560 3,974
Technology and Equipment Expense 4,757 5,589 9,809 10,676
FDIC Assessments 441 649 1,026 1,319
Other Operating Expense 5,068 3,376 8,915 8,087
Total Non-Interest Expense 27,464 25,652 54,329 51,697
INCOME BEFORE PROVISION FOR INCOME TAXES 13,896 13,896 31,241 22,028
Provision for Income Taxes 2,934 3,091 6,794 4,913
NET INCOME $ 10,962 $ 10,805 $ 24,447 $ 17,115
Average Shares Outstanding:        
Basic (in shares) 16,428,000 16,545,000 16,408,000 16,611,000
Diluted (in shares) 16,467,000 16,551,000 16,438,000 16,618,000
Per Common Share:        
Basic Earnings (in dollars per share) $ 0.66 $ 0.65 $ 1.48 $ 1.03
Diluted Earnings (in dollars per share) $ 0.66 $ 0.65 $ 1.48 $ 1.03
Income From Fiduciary Activities        
NON-INTEREST INCOME        
Revenue from contract with customer $ 2,706 $ 2,398 $ 5,419 $ 4,933
Fees for Other Services to Customers        
NON-INTEREST INCOME        
Revenue from contract with customer $ 2,969 $ 2,787 $ 5,696 $ 5,387