v3.26.1
Consolidated Condensed Statements Of Income - USD ($)
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 $ 154,692,000 $ 125,543,000 $ 296,734,000 $ 246,191,000
Interest and dividends on:        
Obligations of U.S. Government, its agencies and other securities 9,320,000 6,693,000 15,164,000 13,823,000
Interest Income, Securities, State and Municipal 2,123,000 1,503,000 4,349,000 2,772,000
Other interest income 6,192,000 2,757,000 10,857,000 5,910,000
Total interest and dividend income 172,327,000 136,496,000 327,104,000 268,696,000
Interest on deposits:        
Demand and savings deposits 23,517,000 19,055,000 44,366,000 37,491,000
Time deposits 9,122,000 5,821,000 16,654,000 12,591,000
Interest on borrowings:        
Short-term borrowings 600,000 300,000 1,067,000 591,000
Long-term debt 231,000 2,329,000 380,000 4,655,000
Total interest expense 33,470,000 27,505,000 62,467,000 55,328,000
Net interest income 138,857,000 108,991,000 264,637,000 213,368,000
Provision for credit losses 4,575,000 2,853,000 7,247,000 3,609,000
Net interest income after provision for credit losses 134,282,000 106,138,000 257,390,000 209,759,000
Noninterest Income [Abstract]        
Debit card fee income 8,107,000 6,607,000 15,080,000 12,696,000
Bank owned life insurance income 2,125,000 1,762,000 3,832,000 3,274,000
ATM Fees 450,000 367,000 830,000 702,000
Debt Securities, Available-for-Sale, Gain (Loss) 0 0 1,084,000 0
Gain on equity securities, net 4,555,000 2,480,000 5,354,000 1,618,000
Other components of net periodic benefit income 2,449,000 2,344,000 4,941,000 4,688,000
Other 506,000 759,000 1,422,000 750,000
Total other income 39,540,000 32,186,000 73,268,000 57,932,000
Other expense:        
Salaries and employee benefits 46,023,000 38,560,000 91,600,000 74,776,000
Employee Benefits and Share-based Compensation 11,918,000 9,108,000 23,610,000 19,624,000
Occupancy expense 4,027,000 3,269,000 8,599,000 6,788,000
Furniture and equipment expense 3,014,000 2,234,000 5,531,000 4,535,000
Data processing fees 15,113,000 11,021,000 28,254,000 21,550,000
Professional fees and services 8,731,000 7,395,000 25,559,000 14,702,000
Marketing 1,550,000 1,295,000 3,106,000 2,823,000
Insurance 1,986,000 1,667,000 4,060,000 3,353,000
Communication 1,400,000 941,000 2,825,000 2,143,000
Excise and Sales Taxes 1,529,000 1,350,000 2,896,000 2,536,000
Intangible Asset, Finite-Lived, Amortization Expense 2,072,000 273,000 3,351,000 547,000
Other expense 3,597,000 1,864,000 6,728,000 3,764,000
Total other expense 100,960,000 78,977,000 206,119,000 157,141,000
Income before income taxes 72,862,000 59,347,000 124,539,000 110,550,000
Income taxes 14,110,000 11,228,000 24,100,000 20,274,000
Net income $ 58,752,000 $ 48,119,000 $ 100,439,000 $ 90,276,000
Net income available to common shareholders        
Basic $ 3.25 $ 2.98 $ 5.66 $ 5.59
Diluted $ 3.23 $ 2.97 $ 5.64 $ 5.56
Weighted average common shares outstanding        
Basic 18,085,919 16,129,951 17,733,921 16,144,647
Diluted 18,181,868 16,215,565 17,819,777 16,227,150
Cash dividends declared $ 1.10 $ 1.07 $ 2.20 $ 2.14
Fiduciary and Trust [Member]        
Noninterest Income [Abstract]        
Revenue from Contract with Customer, Including Assessed Tax $ 13,434,000 $ 11,622,000 $ 25,777,000 $ 22,616,000
Deposit Account [Member]        
Noninterest Income [Abstract]        
Revenue from Contract with Customer, Including Assessed Tax 3,790,000 2,514,000 7,138,000 4,921,000
Bank Servicing [Member]        
Noninterest Income [Abstract]        
Revenue from Contract with Customer, Including Assessed Tax $ 4,124,000 $ 3,731,000 $ 7,810,000 $ 6,667,000