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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2024
Summary of Significant Accounting Policies  
Summary of quarterly financial information

2024

2023

    

4th

    

3rd

    

2nd

    

1st

    

4th

    

3rd

    

2nd

    

1st

(In thousands, except per share data)

Quarterly operating data:

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

Interest income

$

120,040

$

122,593

$

113,230

$

109,499

$

108,763

$

104,036

$

96,561

$

92,117

Interest expense

 

68,805

 

76,990

 

70,454

 

67,102

 

62,678

 

59,609

 

53,183

 

46,855

Net interest income

 

51,235

 

45,603

 

42,776

 

42,397

 

46,085

 

44,427

 

43,378

 

45,262

Provision for loan losses

 

6,440

 

1,727

 

809

 

592

 

998

 

596

 

1,416

 

7,508

Other operating income (loss)

 

(71,022)

 

6,277

 

4,216

 

3,084

 

7,402

 

3,309

 

5,020

 

6,857

Other operating expense

 

45,630

 

38,696

 

39,047

 

39,892

 

40,735

 

36,388

 

35,110

 

39,156

Income (loss) before income tax expense (benefit)

 

(71,857)

 

11,457

 

7,136

 

4,997

 

11,754

 

10,752

 

11,872

 

5,455

Income tax expense (benefit)

(22,612)

2,551

1,814

1,313

3,655

2,917

3,186

1,411

Net income (loss)

$

(49,245)

$

8,906

$

5,322

$

3,684

$

8,099

$

7,835

$

8,686

$

4,044

Basic earnings (loss) per common share

$

(1.61)

$

0.30

$

0.18

$

0.12

$

0.27

$

0.26

$

0.29

$

0.13

Diluted earnings (loss) per common share

$

(1.61)

$

0.30

$

0.18

$

0.12

$

0.27

$

0.26

$

0.29

$

0.13

Dividends per common share

$

0.22

$

0.22

$

0.22

$

0.22

$

0.22

$

0.22

$

0.22

$

0.22

Average common shares outstanding for:

Basic earnings per share

30,519

29,742

29,789

29,742

29,650

29,703

30,090

30,265

Diluted earnings per share

30,519

29,742

29,789

29,742

29,650

29,703

30,090

30,265