CONDENSED 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 |
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| Interest and dividend income: | ||||
| Loans, including fees | $ 104,595 | $ 98,695 | $ 204,944 | $ 194,073 |
| Investments: | ||||
| Taxable securities | 14,102 | 14,548 | 27,890 | 29,921 |
| Tax exempt securities | 865 | 879 | 1,731 | 1,763 |
| Dividends | 204 | 373 | 1,078 | 752 |
| Interest bearing cash at Federal Reserve and other banks | 1,220 | 1,866 | 3,170 | 3,929 |
| Total interest and dividend income | 120,986 | 116,361 | 238,813 | 230,438 |
| Interest expense: | ||||
| Deposits | 26,665 | 28,038 | 52,588 | 56,903 |
| Other borrowings | 7 | 92 | 8 | 1,061 |
| Junior subordinated debt | 684 | 1,712 | 1,361 | 3,413 |
| Total interest expense | 27,356 | 29,842 | 53,957 | 61,377 |
| Net interest income | 93,630 | 86,519 | 184,856 | 169,061 |
| Provision for credit losses | 2,655 | 4,665 | 5,980 | 8,393 |
| Net interest income after credit loss provision | 90,975 | 81,854 | 178,876 | 160,668 |
| Non-interest income: | ||||
| Service charges and fees | 13,998 | 13,650 | 27,158 | 26,328 |
| Gain on sale of loans | 485 | 503 | 882 | 847 |
| Gain (loss) on sale or call of investment securities | 0 | 4 | 17 | (1,142) |
| Asset management and commission income | 1,761 | 1,635 | 3,810 | 3,123 |
| Increase in cash value of life insurance | 875 | 842 | 1,691 | 1,662 |
| Other | 1,127 | 456 | 1,720 | 2,345 |
| Total non-interest income | 18,246 | 17,090 | 35,278 | 33,163 |
| Non-interest expense: | ||||
| Salaries and related benefits | 38,972 | 38,286 | 75,117 | 75,141 |
| Other | 23,953 | 22,845 | 46,860 | 45,575 |
| Total non-interest expense | 62,925 | 61,131 | 121,977 | 120,716 |
| Income before provision for income taxes | 46,296 | 37,813 | 92,177 | 73,115 |
| Provision for income taxes | 12,127 | 10,271 | 24,323 | 19,210 |
| Net income | $ 34,169 | $ 27,542 | $ 67,854 | $ 53,905 |
| Per share data: | ||||
| Basic earnings per share (in USD per share) | $ 1.07 | $ 0.84 | $ 2.12 | $ 1.64 |
| Diluted earnings per share (in USD per share) | 1.06 | 0.84 | 2.10 | 1.63 |
| Dividends per share (in USD per share) | $ 0.36 | $ 0.33 | $ 0.72 | $ 0.66 |
| X | ||||||||||
- Definition Fees received from asset management activities and commission income. No definition available.
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- Definition Amount of Benefits From Reversal Of Provisions For Loan Losses. No definition available.
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- Definition Earnings on or other increases in the value of the cash surrender value of bank owned life insurance policies. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of operating dividend income on securities. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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| X | ||||||||||
- Definition The net realized gain (loss) on investments sold during the period, not including gains (losses) on securities separately or otherwise categorized as trading, available-for-sale, or held-to-maturity, which, for cash flow reporting, is a component of proceeds from investing activities. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The net gain (loss) resulting from a sale of loans, including adjustments to record loans classified as held-for-sale at the lower-of-cost-or-market and fair value adjustments to loan held for investment purposes. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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| X | ||||||||||
- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Represents the total of interest and dividend income, including any amortization and accretion (as applicable) of discounts and premiums, earned from (1) loans and leases whether held-for-sale or held-in-portfolio; (2) investment securities; (3) federal funds sold; (4) securities purchased under agreements to resell; (5) investments in banker's acceptances, commercial paper, or certificates of deposit; (6) dividend income; or (7) other investments not otherwise specified herein. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- References No definition available.
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| X | ||||||||||
- Definition The aggregate interest and fee income generated by: (1) loans the Entity has positive intent and ability to hold for the foreseeable future, or until maturity or payoff, including commercial and consumer loans, whether domestic or foreign, which may consist of: (a) industrial and agricultural; (b) real estate; and (c) real estate construction loans; (d) trade financing; (e) lease financing; (f) home equity lines-of-credit; (g) automobile and other vehicle loans; and (h) credit card and other revolving-type loans and (2) loans and leases held-for-sale which may include mortgage loans, direct financing, and sales-type leases. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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- Definition Aggregate amount of interest expense on all deposits. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Interest expense incurred during the reporting period on junior subordinated debentures. Includes amortization of expenses incurred in the issuance of subordinated notes and debentures. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of interest expense classified as operating. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of interest expense incurred on long-term debt classified as other, including, but not limited to, interest on long-term notes and amortization of issuance costs. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of interest income or expense, including any amortization and accretion (as applicable) of discounts and premiums, including consideration of the provisions for loan, lease, credit, and other related losses. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- Definition Amount of interest income (expense) classified as operating. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The aggregate interest income earned from (1) the lending of excess federal funds to another commercial bank requiring such for its legal reserve requirements and (2) securities purchased under agreements to resell. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount of operating interest income, including amortization and accretion of premiums and discounts, on securities exempt from state, federal and other income tax. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of operating interest income, including amortization and accretion of premiums and discounts, on securities subject to state, federal and other income tax. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of expense for salary, wage, profit sharing; incentive and equity-based compensation; and other employee benefit. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Total aggregate amount of all noninterest expense. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- References No definition available.
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| X | ||||||||||
- Definition The total amount of noninterest income which may be derived from: (1) fees and commissions; (2) premiums earned; (3) insurance policy charges; (4) the sale or disposal of assets; and (5) other sources not otherwise specified. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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| X | ||||||||||
- References No definition available.
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| X | ||||||||||
- Definition Amount of revenue earned, classified as other, excluding interest income. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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| X | ||||||||||
- Definition Amount of noninterest expense classified as other. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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