v3.26.1
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
INTEREST INCOME:        
Loans, including related fees $ 73,986 $ 64,775 $ 141,507 $ 128,387
Securities:        
Taxable 6,354 5,915 12,890 11,917
Tax-exempt 3,014 2,622 5,878 5,226
Other 865 865 1,890 1,679
TOTAL INTEREST INCOME 84,219 74,177 162,165 147,209
INTEREST EXPENSE:        
Deposits 17,750 18,495 34,379 36,694
Short-term borrowings 2,620 1,398 4,972 3,091
Other borrowings 2,627 1,613 4,659 2,778
TOTAL INTEREST EXPENSE 22,997 21,506 44,010 42,563
NET INTEREST INCOME 61,222 52,671 118,155 104,646
Provision for credit losses 1,300 1,950 3,850 3,900
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 59,922 50,721 114,305 100,746
NON-INTEREST INCOME:        
Trust and financial services 1,503 1,490 2,994 2,883
Service charges and fees on deposit accounts 8,217 7,554 15,599 15,139
Other service charges and fees 345 256 719 572
Securities gains (losses), net (109) (3) (109) (3)
Interchange income 214 180 400 394
Loan servicing fees 333 326 659 492
Gain on sales of mortgage loans 493 430 787 655
Other (350) 148 814 760
TOTAL NON-INTEREST INCOME 10,646 10,381 21,863 20,892
NON-INTEREST EXPENSE:        
Salaries and employee benefits 21,272 19,689 42,633 38,937
Occupancy expense 2,714 2,472 5,672 5,148
Equipment expense 5,297 4,587 10,637 9,092
FDIC Expense 690 795 1,380 1,545
Other 12,556 10,733 23,086 20,313
TOTAL NON-INTEREST EXPENSE 42,529 38,276 83,408 75,035
INCOME BEFORE INCOME TAXES 28,039 22,826 52,760 46,603
Provision for income taxes 5,296 4,240 10,213 9,611
NET INCOME 22,743 18,586 42,547 36,992
OTHER COMPREHENSIVE INCOME        
Change in unrealized gains (losses) on securities, net of reclassifications and taxes 4,132 2,946 (4,542) 14,046
Change in funded status of post retirement benefits, net of taxes 79 2 158 5
COMPREHENSIVE INCOME $ 26,954 $ 21,534 $ 38,163 $ 51,043
PER SHARE DATA        
Basic Earnings per Share (in dollars per share) $ 1.91 $ 1.57 $ 3.58 $ 3.12
Diluted Earnings per Share (in dollars per share)     $ 3.58 $ 3.12
Weighted average number of shares outstanding, basic (in shares) 11,892 11,851 11,888 11,847
Weighted average number of shares outstanding, diluted (in shares)     11,888 11,847