v3.26.1
Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
INTEREST INCOME        
Interest and fees on loans $ 47,715 $ 31,140 $ 95,669 $ 61,692
Interest on investment securities:        
Taxable 3,790 2,961 7,162 5,640
Tax-exempt 743 665 1,484 1,336
Other interest income 951 593 2,088 1,125
Total interest income 53,199 35,359 106,403 69,793
INTEREST EXPENSE        
Interest on deposits 17,496 14,456 36,206 29,096
Interest on borrowings 2,254 1,259 4,088 2,708
Total interest expense 19,750 15,715 40,294 31,804
Net interest income 33,449 19,644 66,109 37,989
Provision for (reversal of) credit losses 275 141 (1,833) (3,455)
Net interest income after provision for (reversal of) credit losses 33,174 19,503 67,942 41,444
NONINTEREST INCOME        
Gain on call or sale of investment securities, net 12 0 12 0
Loss on sale or disposition of bank premises and equipment, net 0 0 0 (3)
Gain (loss) on sale of other real estate owned, net 4 29 (80) 29
Gain on sale of loans 0 0 26 0
Income from bank owned life insurance 696 476 1,360 924
Change in the fair value of equity securities 177 53 307 (23)
Other operating income 752 879 1,481 1,336
Total noninterest income 3,098 2,626 6,078 4,637
NONINTEREST EXPENSE        
Depreciation and amortization 1,333 710 2,677 1,431
Salaries and employee benefits 13,430 10,257 26,377 19,860
Occupancy 955 675 1,943 1,316
Data processing 1,223 914 2,437 1,811
Marketing 130 112 229 223
Professional fees 924 468 1,723 1,059
Acquisition expense 2,582 182 4,310 341
Other operating expenses 4,087 3,382 7,807 6,897
Total noninterest expense 24,664 16,700 47,503 32,938
Income before income tax expense 11,608 5,429 26,517 13,143
Income tax expense 2,136 935 5,021 2,356
Net income 9,472 4,494 21,496 10,787
Preferred stock dividends declared 528 0 1,056 0
Net income available to common shareholders $ 8,944 $ 4,494 $ 20,440 $ 10,787
EARNINGS PER COMMON SHARE        
Basic earnings per common share (in dollars per share) $ 0.64 $ 0.46 $ 1.48 $ 1.1
Diluted earnings per common share (in dollars per share) $ 0.61 $ 0.46 $ 1.38 $ 1.09
Deposit Account [Member]        
NONINTEREST INCOME        
Noninterest income $ 933 $ 788 $ 1,889 $ 1,583
Credit and Debit Card [Member]        
NONINTEREST INCOME        
Noninterest income $ 524 $ 401 $ 1,083 $ 791