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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Interest and dividend income:        
Loans, including fees $ 98,695 $ 98,229 $ 194,073 $ 194,713
Investments:        
Taxable securities 14,548 16,617 29,921 34,066
Tax exempt securities 879 915 1,763 1,832
Dividends 373 387 752 767
Interest bearing cash at Federal Reserve and other banks 1,866 884 3,929 1,071
Total interest and dividend income 116,361 117,032 230,438 232,449
Interest expense:        
Deposits 28,038 29,021 56,903 52,550
Other borrowings 92 4,118 1,061 11,496
Junior subordinated debt 1,712 1,896 3,413 3,670
Total interest expense 29,842 35,035 61,377 67,716
Net interest income 86,519 81,997 169,061 164,733
Provision for credit losses 4,665 405 8,393 4,710
Net interest income after credit loss provision 81,854 81,592 160,668 160,023
Non-interest income:        
Service charges and fees 13,650 12,796 26,328 25,433
Gain on sale of loans 503 388 847 649
Gain (Loss) on sale or exchange of investment securities 4 (45) (1,142) (45)
Asset management and commission income 1,635 1,359 3,123 2,487
Increase in cash value of life insurance 842 831 1,662 1,634
Other 456 537 2,345 1,479
Total non-interest income 17,090 15,866 33,163 31,637
Non-interest expense:        
Salaries and related benefits 38,286 35,401 75,141 69,705
Other 22,845 22,938 45,575 45,138
Total non-interest expense 61,131 58,339 120,716 114,843
Income before provision for income taxes 37,813 39,119 73,115 76,817
Provision for income taxes 10,271 10,085 19,210 20,034
Net income $ 27,542 $ 29,034 $ 53,905 $ 56,783
Per share data:        
Basic earnings per share (in USD per share) $ 0.84 $ 0.88 $ 1.64 $ 1.71
Diluted earnings per share (in USD per share) 0.84 0.87 1.63 1.70
Dividends per share (in USD per share) $ 0.33 $ 0.33 $ 0.66 $ 0.66