v3.26.3
CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Interest income:        
Interest and fees on loans $ 68,066 $ 68,785 $ 197,115 $ 202,786
Interest on mortgage loans held for sale 557 542 1,410 1,942
Taxable interest on debt securities 8,250 9,372 25,486 27,429
Nontaxable interest on debt securities 7 7 22 22
Dividends on Federal Home Loan Bank stock 425 764 1,516 2,578
Other interest income 1,100 1,475 3,007 4,497
Total interest and dividend income 78,405 80,945 228,556 239,254
Interest expense:        
Deposits 29,009 31,223 83,946 93,835
Federal Home Loan Bank advances 4,392 10,542 16,660 31,939
Junior subordinated debentures 312 347 930 1,040
Total interest expense 33,713 42,112 101,536 126,814
Net interest income [1] 44,692 38,833 127,020 112,440
Provision for credit losses 1,800 6,800 7,400 8,600
Net interest income after provision for credit losses 42,892 32,033 119,620 103,840
Noninterest income:        
Wealth management revenues [1] 11,089 10,373 32,937 30,384
Mortgage banking revenues [1] 3,155 3,501 9,673 8,839
Card interchange fees [1] 1,317 1,163 4,007 3,919
Service charges on deposit accounts [1] 952 841 2,579 2,393
Loan related derivative income [1] 1,507 271 2,317 1,048
Income from bank-owned life insurance [1] 1,863 868 3,652 2,463
Gain on sale of bank-owned properties, net [1] 0 0 0 6,994
Other income [1] 382 619 1,065 1,317
Total noninterest income [1] 20,265 17,636 56,230 57,357
Noninterest expense:        
Salaries and employee benefits 25,124 22,674 74,776 68,121
Outsourced services 4,605 4,120 13,254 12,870
Net occupancy 2,733 2,691 8,358 8,094
Equipment 930 917 2,720 2,738
Legal, audit and professional fees 802 719 2,562 2,195
FDIC deposit insurance costs 794 1,055 2,681 3,552
Advertising and promotion 703 763 2,021 1,890
Amortization of intangibles 155 200 466 607
Pension plan settlement charge 0 0 0 6,436
Other expenses 2,951 2,587 8,321 7,949
Total noninterest expense 38,797 35,726 115,159 114,452
Income before income taxes 24,360 13,943 60,691 46,745
Income tax expense 4,979 3,097 12,729 10,475
Net income $ 19,381 $ 10,846 $ 47,962 $ 36,270
Weighted average common shares outstanding - basic 19,076 19,128 19,060 19,229
Weighted average common shares outstanding - diluted 19,264 19,243 19,213 19,329
Per share information:        
Basic earnings per common share $ 1.02 $ 0.57 $ 2.52 $ 1.89
Diluted earnings per common share $ 1.01 $ 0.56 $ 2.50 $ 1.88
[1] As reported in the Unaudited Consolidated Statements of Income.