v3.26.3
Consolidated Condensed Statements of Income (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
INTEREST AND DIVIDEND INCOME        
Interest income - loans including fees $ 73,958,000 $ 48,603,000 $ 202,043,000 $ 142,361,000
Taxable securities 9,303,000 7,466,000 24,950,000 21,946,000
Tax exempt securities 3,658,000 2,372,000 10,116,000 7,200,000
Dividends 742,000 459,000 2,195,000 1,462,000
Federal funds sold and other interest income 861,000 466,000 2,428,000 1,405,000
TOTAL INTEREST AND DIVIDEND INCOME 88,522,000 59,366,000 241,732,000 174,374,000
INTEREST EXPENSE        
Deposits 25,463,000 20,372,000 71,888,000 60,329,000
Short-term borrowings 3,901,000 1,681,000 9,910,000 5,634,000
Long-term borrowings 1,216,000 1,006,000 3,392,000 2,986,000
TOTAL INTEREST EXPENSE 30,580,000 23,059,000 85,190,000 68,949,000
NET INTEREST INCOME 57,942,000 36,307,000 156,542,000 105,425,000
(Credit) Provision for credit losses 2,762,000 1,501,000 3,823,000 5,109,000
Provision (credit) for unfunded commitments 30,000 (82,000) 373,000 (346,000)
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 55,150,000 34,888,000 152,346,000 100,662,000
NONINTEREST INCOME        
Bank owned life insurance income 1,116,000 852,000 4,009,000 2,494,000
Security (losses), including fair value changes for equity securities (10,342,000) (927,000) (10,338,000) (2,205,000)
Net gains on sale of loans 390,000 559,000 1,168,000 1,214,000
Other mortgage banking income, net 268,000 192,000 944,000 366,000
Other operating income 5,004,000 954,000 6,727,000 3,336,000
Total noninterest income 7,927,000 11,430,000 36,027,000 34,032,000
NONINTEREST EXPENSES        
Salaries and employee benefits 22,542,000 15,992,000 62,365,000 46,880,000
Occupancy and equipment 5,710,000 4,370,000 16,770,000 12,627,000
FDIC insurance and state and local taxes 1,954,000 1,212,000 5,490,000 3,736,000
Professional fees 1,083,000 990,000 3,552,000 3,213,000
System conversion/Acquisition related costs 6,106,000 3,123,000 11,782,000 3,123,000
Advertising 624,000 466,000 1,795,000 1,376,000
Intangible amortization 1,214,000 718,000 3,274,000 2,188,000
Core processing charges 2,679,000 1,412,000 6,756,000 4,210,000
Other operating expenses 4,730,000 3,396,000 13,049,000 10,028,000
TOTAL NONINTEREST EXPENSES 46,642,000 31,679,000 124,833,000 87,381,000
INCOME BEFORE INCOME TAXES 16,435,000 14,639,000 63,540,000 47,313,000
Income Tax Expense (Benefit) 1,900,000 2,178,000 9,706,000 7,364,000
NET INCOME $ 14,535,000 $ 12,461,000 $ 53,834,000 $ 39,949,000
EARNINGS PER SHARE - basic (in dollars per share) $ 0.25 $ 0.33 $ 0.99 $ 1.07
EARNINGS PER SHARE - diluted (in dollars per share) $ 0.25 $ 0.33 $ 0.99 $ 1.06
Deposit Account [Member]        
NONINTEREST INCOME        
Noninterest revenue $ 2,313,000 $ 1,874,000 $ 6,713,000 $ 5,381,000
Fiduciary and Trust [Member]        
NONINTEREST INCOME        
Noninterest revenue 3,178,000 2,745,000 9,297,000 7,982,000
Insurance Agency Commissions [Member]        
NONINTEREST INCOME        
Noninterest revenue 1,432,000 1,395,000 4,600,000 4,964,000
Retirement Plan Consulting [Member]        
NONINTEREST INCOME        
Noninterest revenue 899,000 1,060,000 2,739,000 2,641,000
Investment Commissions [Member]        
NONINTEREST INCOME        
Noninterest revenue 1,085,000 658,000 3,000,000 1,908,000
Credit and Debit Card [Member]        
NONINTEREST INCOME        
Noninterest revenue $ 2,584,000 $ 2,068,000 $ 7,168,000 $ 5,951,000