v3.26.3
CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Interest and fees on loans        
Interest and fees on loans, Taxable $ 88,383 $ 85,490 $ 257,488 $ 251,648
Interest and fees on loans, Tax exempt 347 287 919 870
Interest and dividends on securities        
Interest and dividends on securities, Taxable 3,889 3,489 11,494 10,335
Interest and dividends on securities, Tax exempt 3,876 3,915 11,666 11,742
Other interest income 859 1,706 2,922 5,132
Total interest income 97,354 94,887 284,489 279,727
Interest on deposits 36,467 38,446 106,277 114,015
Interest on short-term borrowings 166 368 2,417 1,888
Total interest expense 36,633 38,814 108,694 115,903
NET INTEREST INCOME 60,721 56,073 175,795 163,824
Provision for credit losses 1,200 2,000 4,908 11,800
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 59,521 54,073 170,887 152,024
NONINTEREST INCOME        
Wealth advisory fees 3,153 2,855 9,233 8,389
Investment brokerage fees 535 557 1,570 1,559
Service charges on deposit accounts 3,005 2,921 8,757 8,522
Loan and service fees 3,035 3,419 9,302 9,309
Merchant and interchange fee income 876 892 2,489 2,568
Bank owned life insurance income 1,153 1,567 3,746 2,929
Interest rate swap fee income 0 0 701 20
Mortgage banking income (loss) 88 (6) 297 67
Other income 429 749 1,684 2,005
Total noninterest income 12,274 12,954 37,779 35,368
NONINTEREST EXPENSE        
Salaries and employee benefits 20,782 20,414 61,571 55,412
Net occupancy expense 2,153 1,877 6,224 5,604
Equipment costs 1,432 1,475 4,305 4,294
Data processing fees and supplies 4,350 4,116 12,983 12,533
Corporate and business development 1,630 1,563 4,365 4,129
FDIC insurance and other regulatory fees 910 878 2,664 2,517
Professional fees 2,123 1,726 5,845 5,812
Other expense 2,741 2,916 7,772 7,859
Total noninterest expense 36,121 34,965 105,729 98,160
INCOME BEFORE INCOME TAX EXPENSE 35,674 32,062 102,937 89,232
Income tax expense 6,817 5,658 19,162 15,777
NET INCOME $ 28,857 $ 26,404 $ 83,775 $ 73,455
BASIC WEIGHTED AVERAGE COMMON SHARES (in shares) 25,027,394 25,703,699 25,142,662 25,708,543
BASIC EARNINGS PER COMMON SHARE (in dollars per share) $ 1.15 $ 1.03 $ 3.33 $ 2.86
DILUTED WEIGHTED AVERAGE COMMON SHARES (in shares) 25,237,882 25,821,360 25,320,493 25,804,322
DILUTED EARNINGS PER COMMON SHARE (in dollars per share) $ 1.14 $ 1.03 $ 3.31 $ 2.85