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 income        
Loans and leases $ 61,378 $ 58,500 $ 177,695 $ 170,395
Securities 4,211 4,011 12,677 11,199
Short-term investments 936 1,235 3,070 2,964
Total interest income 66,525 63,746 193,442 184,558
Interest expense        
Deposits 24,169 26,338 71,202 73,611
Federal Home Loan Bank advances and other borrowings 3,278 2,522 9,502 9,019
Total interest expense 27,447 28,860 80,704 82,630
Net interest income 39,078 34,886 112,738 101,928
Provision for credit losses 1,943 1,440 6,969 6,800
Net interest income after provision for credit losses 37,135 33,446 105,769 95,128
Non-interest income        
Private wealth management service fees 4,175 3,687 12,309 10,928
Gain on sale of Small Business Administration loans 0 382 592 1,742
Service charges on deposits 1,409 1,151 4,063 3,303
Loan fees 470 501 1,434 1,313
Bank-owned life insurance policy income 785 965 2,299 2,016
Swap fees 555 974 1,345 1,257
Other non-interest income 1,035 1,980 3,731 3,916
Total non-interest income 8,429 9,640 25,773 24,475
Non-interest expense        
Compensation 17,769 17,442 54,772 50,723
Occupancy 594 567 1,820 1,721
Professional fees 1,289 1,071 4,228 4,016
Data processing 1,489 1,123 4,241 3,574
Marketing 735 876 2,286 2,906
Equipment 320 296 1,078 1,007
Computer software 2,063 1,826 5,942 5,085
FDIC insurance 696 817 2,424 2,432
Other non-interest expense 1,150 1,682 4,116 3,924
Total non-interest expense 26,105 25,700 80,907 75,388
Income before income tax expense 19,459 17,386 50,635 44,215
Income tax expense 2,887 2,993 6,283 7,229
Net income 16,572 14,393 44,352 36,986
Preferred stock dividend 218 218 656 656
Net income available to common shareholders $ 16,354 $ 14,175 $ 43,696 $ 36,330
Earnings per common share        
Basic $ 1.95 $ 1.7 $ 5.24 $ 4.37
Diluted 1.95 1.7 5.24 4.37
Dividends declared per share $ 0.34 $ 0.29 $ 1.02 $ 0.87