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 income        
Interest and fees on loans and leases $ 55,707 $ 54,839 $ 110,389 $ 108,874
Interest and dividends on investment securities 14,926 11,036 30,670 21,498
Interest on deposits with others 1,845 4,186 3,129 6,827
Total interest income 72,478 70,061 144,188 137,199
Interest expense        
Deposits 14,951 15,999 29,582 29,804
Subordinated debentures 177 194 353 386
Total interest expense 15,128 16,193 29,935 30,190
Net interest income 57,350 53,868 114,253 107,009
Provision for credit losses 500 1,400 1,000 1,700
Net interest income after provision for credit losses 56,850 52,468 113,253 105,309
Non-interest income        
Card processing 1,888 1,789 3,622 3,456
Service charges on deposit accounts 793 744 1,612 1,516
Increase in cash surrender value of BOLI 662 627 1,300 1,230
Net gain on sale of securities available-for-sale 45 0 45 0
Net gain on deferred compensation benefits 0 764 0 1,597
Other 1,648 1,595 3,616 2,741
Total non-interest income 5,036 5,519 10,195 10,540
Non-interest expense        
Salaries and employee benefits 19,220 18,432 39,653 35,576
Data processing 1,798 1,784 3,662 3,422
Occupancy 1,318 1,293 2,561 2,595
Deposit insurance 837 750 1,677 1,498
Professional services 1,596 694 2,735 1,616
Marketing 412 452 990 919
Net gain on deferred compensation benefits 0 764 0 1,597
Other 2,959 2,482 6,040 4,937
Total non-interest expense 28,140 26,651 57,318 52,160
INCOME BEFORE INCOME TAXES 33,746 31,336 66,130 63,689
Income tax expense 9,014 8,281 17,327 17,625
NET INCOME $ 24,732 $ 23,055 $ 48,803 $ 46,064
Earnings per common share:        
Basic (in Dollars per share) $ 36.77 $ 33.06 $ 72.68 $ 65.94
Diluted (in Dollars per share) $ 36.39 $ 32.94 $ 71.46 $ 65.8
Weighted average number of common shares        
Basic (in Shares) 672,666 697,332 671,472 698,527
Diluted (in Shares) 679,560 699,852 682,912 700,102