v3.26.1
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Interest income        
Loans, including fees $ 46,346 $ 46,533 $ 91,988 $ 79,174
Securities:        
Taxable 5,633 5,264 11,125 9,994
Tax exempt 1,430 1,393 2,881 2,802
Other 532 735 1,222 1,914
Total interest income 53,941 53,925 107,216 93,884
Interest expense        
Deposits 14,341 14,840 28,086 25,556
Advances from Federal Home Loan Bank 2,102 1,659 4,284 3,711
Other 801 1,104 1,507 1,984
Total interest expense 17,244 17,603 33,877 31,251
Net interest income 36,697 36,322 73,339 62,633
Provision for (reversal of) credit losses on loans 550 650 550 13,813
Net interest income after provision 36,147 35,672 72,789 48,820
Noninterest income        
Customer service charges 1,745 1,401 3,401 2,582
Interchange income 2,139 2,083 4,031 3,592
Insurance and investment commissions 720 540 1,271 835
Gains on sales of loans 466 355 874 799
Net gains (losses) on sales of securities (1,933) 0 (2,136) 0
Net gains on sales and write downs of other assets 97 3 106 13
Earnings on life insurance policies 706 844 1,290 1,233
Trust income 671 596 1,363 1,102
Change in market value of equity securities 59 239 85 346
Other 269 442 469 923
Total noninterest income 4,939 6,503 10,754 11,425
Noninterest expense        
Salaries and benefits 14,463 13,731 28,525 24,051
Occupancy and equipment 2,433 2,432 5,024 4,151
Data processing 2,450 2,439 4,740 4,438
Communications 531 561 1,086 941
Professional fees 1,018 947 2,000 1,644
Supplies and postage 294 305 629 549
Advertising and promotional 279 260 543 516
Intangible amortization 1,577 1,732 3,262 2,412
FDIC insurance 543 550 1,113 1,005
Merger related expenses 0 166 0 17,369
Other 2,463 2,383 4,905 4,095
Total noninterest expense 26,051 25,506 51,827 61,171
Income (Loss) before income tax expense (benefit) 15,035 16,669 31,716 (926)
Income tax expense (benefit) 2,572 3,135 5,549 (554)
Net income (loss) $ 12,463 $ 13,534 $ 26,167 $ (372)
Basic earnings (loss) per share (Note 4) $ 0.83 $ 0.9 $ 1.75 $ (0.03)
Diluted earnings (loss) per share (Note 4) 0.83 0.9 1.74 (0.03)
Dividends declared per share $ 0.29 $ 0.28 $ 0.58 $ 0.56