XML 45 R30.htm IDEA: XBRL DOCUMENT
v3.24.0.1

SELECTED QUARTERLY DATA (UNAUDITED) | 12 Months Ended
--- | ---
Dec. 31, 2023
Selected Quarterly Financial Information [Abstract] |
SELECTED QUARTERLY DATA (UNAUDITED) | SELECTED QUARTERLY DATA (UNAUDITED) (in thousands except per share data)
2023 | 4th Quarter |  | 3rd Quarter |  | 2nd Quarter |  | 1st Quarter
Interest income | $ | 90,942 |  |  | $ | 88,623 |  |  | $ | 84,482 |  |  | $ | 79,220 |
Interest expense | 42,343 |  |  | 40,230 |  |  | 35,958 |  |  | 27,701 |
Net interest income | 48,599 |  |  | 48,393 |  |  | 48,524 |  |  | 51,519 |
Provision for credit losses | 300 |  |  | 400 |  |  | 800 |  |  | 4,350 |
Net interest income after provision | 48,299 |  |  | 47,993 |  |  | 47,724 |  |  | 47,169 |
Noninterest income | 17,208 |  |  | 10,835 |  |  | 11,501 |  |  | 10,314 |
Noninterest expense | 29,445 |  |  | 29,097 |  |  | 42,734 |  |  | 29,434 |
Income tax expense | 6,436 |  |  | 4,479 |  |  | 1,880 |  |  | 3,771 |
Net income | $ | 29,626 |  |  | $ | 25,252 |  |  | $ | 14,611 |  |  | $ | 24,278 |
Basic earnings per common share | $ | 1.16 |  |  | $ | 0.99 |  |  | $ | 0.57 |  |  | $ | 0.95 |
Diluted earnings per common share | $ | 1.16 |  |  | $ | 0.98 |  |  | $ | 0.57 |  |  | $ | 0.94 |
2022 | 4th Quarter |  | 3rd Quarter |  | 2nd Quarter |  | 1st Quarter
Interest income | $ | 75,353 |  |  | $ | 62,558 |  |  | $ | 53,622 |  |  | $ | 48,034 |
Interest expense | 18,516 |  |  | 10,066 |  |  | 4,944 |  |  | 3,154 |
Net interest income | 56,837 |  |  | 52,492 |  |  | 48,678 |  |  | 44,880 |
Provision for credit losses | 8,958 |  |  | 0 |  |  | 0 |  |  | 417 |
Net interest income after provision | 47,879 |  |  | 52,492 |  |  | 48,678 |  |  | 44,463 |
Noninterest income | 10,519 |  |  | 10,164 |  |  | 10,492 |  |  | 10,687 |
Noninterest expense | 27,434 |  |  | 27,894 |  |  | 27,913 |  |  | 26,969 |
Income tax expense | 4,987 |  |  | 6,237 |  |  | 5,584 |  |  | 4,539 |
Net income | $ | 25,977 |  |  | $ | 28,525 |  |  | $ | 25,673 |  |  | $ | 23,642 |
Basic earnings per common share | $ | 1.02 |  |  | $ | 1.12 |  |  | $ | 1.00 |  |  | $ | 0.93 |
Diluted earnings per common share | $ | 1.01 |  |  | $ | 1.11 |  |  | $ | 1.00 |  |  | $ | 0.92 |

X
- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Publisher FASB -URI https://asc.fasb.org//1943274/2147482964/270-10-50-1B Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 270 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//270/tableOfContent + Details
Name: | us-gaap_QuarterlyFinancialInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SelectedQuarterlyFinancialInformationAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration