v3.26.3
Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
INTEREST INCOME        
Loans, Including Fees $ 66,732 $ 60,038 $ 192,604 $ 171,746
Investment Securities 7,587 10,371 21,414 28,968
Other 2,326 3,224 5,248 7,825
Total Interest Income 76,645 73,633 219,266 208,539
INTEREST EXPENSE        
Deposits 30,943 34,615 89,447 99,215
Federal Funds Purchased     257 16
Notes Payable   106   624
FHLB Advances 2,995 2,933 7,927 7,941
Subordinated Debentures 2,049 1,888 5,764 3,992
Total Interest Expense 35,987 39,542 103,395 111,788
NET INTEREST INCOME 40,658 34,091 115,871 96,751
Provision for Credit Losses 2,750 1,100 4,500 4,600
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 37,908 32,991 111,371 92,151
NONINTEREST INCOME        
Customer Service Fees 537 501 1,584 1,492
Net Gain on Sales of Available for Sale Securities   59 7,251 534
Letter of Credit Fees 643 383 1,132 1,161
Debit Card Interchange Fees 222 173 653 462
Swap Fees 112   615 980
Bank-Owned Life Insurance 530 440 1,428 1,206
Investment Advisory Fees 304 208 778 746
FHLB Prepayment Income       301
Other Income 225 297 1,020 885
Total Noninterest Income 2,573 2,061 14,461 7,767
NONINTEREST EXPENSE        
Salaries and Employee Benefits 14,353 12,229 41,761 34,963
Occupancy and Equipment 1,286 1,266 4,021 3,774
FDIC Insurance Assessment 555 775 1,930 1,975
Data Processing 623 637 1,926 1,881
Professional and Consulting Fees 1,127 1,261 3,590 3,365
Derivative Collateral Fees 284 309 658 1,132
Information Technology and Telecommunications 1,183 973 3,508 2,915
Marketing and Advertising 354 658 1,734 1,420
Intangible Asset Amortization 226 230 679 690
FHLB Prepayment Penalty     982  
Other Expense 1,350 1,618 4,616 4,918
Total Noninterest Expense 21,341 19,956 65,405 57,033
INCOME BEFORE INCOME TAXES 19,140 15,096 60,427 42,885
Provision for Income Taxes 4,112 3,495 13,986 10,131
NET INCOME 15,028 11,601 46,441 32,754
Preferred Stock Dividends (1,013) (1,013) (3,040) (3,040)
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $ 14,015 $ 10,588 $ 43,401 $ 29,714
EARNINGS PER SHARE        
Basic (in dollars per share) $ 0.5 $ 0.38 $ 1.56 $ 1.08
Diluted (in dollars per share) $ 0.49 $ 0.38 $ 1.52 $ 1.06