v3.26.1
Condensed 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 $ 77,740 $ 78,618 $ 152,844 $ 153,075
Investment securities - taxable 7,248 5,941 14,742 11,980
Investment securities - tax exempt 2,583 6,088 5,127 12,280
Other 937 830 2,445 3,317
Total interest income 88,508 91,477 175,158 180,652
Interest Expense        
Deposits 20,479 26,052 40,424 51,653
Short and long term borrowings 1,655 8,171 3,308 17,359
Subordinated notes 1,904 829 3,734 1,658
Junior subordinated debentures issued to capital trusts 980 1,070 1,962 2,360
Total interest expense 25,018 36,122 49,428 73,030
Net Interest Income 63,490 55,355 125,730 107,622
Credit loss expense 916 2,462 1,307 3,838
Net Interest Income after Provision for Credit Losses 62,574 52,893 124,423 103,784
Non-interest Income        
Service charges on deposit accounts 3,376 3,208 6,901 6,416
Wire transfer fees 67 69 130 140
Interchange fees 3,595 3,403 6,968 6,644
Fiduciary activities 1,501 1,251 3,057 2,577
Loss on sale of investment securities 0 0 0 (407)
Gain on sale of mortgage loans 1,576 1,219 2,666 2,295
Mortgage servicing income net of impairment 350 375 687 760
Increase in cash value of bank owned life insurance 345 346 678 681
Other income 1,204 1,049 2,171 8,313
Total non-interest income 12,014 10,920 23,258 27,419
Non-interest Expense        
Salaries and employee benefits 24,194 22,731 47,381 45,145
Net occupancy expenses 3,698 3,127 7,895 6,829
Data processing 3,631 2,951 6,984 5,823
Professional fees (64)      
Professional fees   735 866 1,561
Outside services and consultants 2,537 3,278 5,301 6,543
Loan expense 1,417 1,231 2,636 1,920
FDIC insurance expense 1,003 1,216 2,026 2,504
Core deposit intangible amortization 675 816 1,350 1,632
Merger related expense 0 0 0 305
Other losses 114 245 306 473
Other expense 6,639 3,087 9,847 5,988
Total non-interest expense 43,844 39,417 84,592 78,723
Income Before Income Taxes 30,744 24,396 63,089 52,480
Income tax expense 5,836 3,752 12,013 7,893
Net Income Available to Common Shareholders $ 24,908 $ 20,644 $ 51,076 $ 44,587
Basic earnings per share (in USD per share) $ 0.49 $ 0.47 $ 1.00 $ 1.02
Diluted earnings per share (in USD per share) $ 0.49 $ 0.47 $ 1.00 $ 1.01