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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest and dividend income:    
Interest and fees on loans $ 120,207 $ 123,736
Interest and dividends on investment securities 8,737 6,617
Dividends on non-marketable securities 480 616
Interest on interest bearing bank deposits 539 763
Total interest and dividend income 129,963 131,732
Interest expense:    
Interest on deposits 41,267 43,998
Interest on borrowings 2,005 3,704
Total interest expense 43,272 47,702
Net interest income before provision for credit losses 86,691 84,030
Provision for credit loss expense 10,200  
Net interest income after provision for credit losses 76,491 84,030
Non-interest income:    
Non-interest income 10,822 11,008
Mortgage banking income 3,315 2,655
Bank-owned life insurance income 764 733
Other non-interest income 2,985 5,337
Total non-interest income 15,376 17,694
Non-interest expense:    
Salaries and benefits 34,362 36,520
Occupancy and equipment 10,837 9,941
Data processing 4,401 4,066
Marketing and business development 946 962
FDIC deposit insurance 1,326 1,345
Bank card expenses 1,103 1,349
Professional fees 1,423 1,646
Other non-interest expense 5,642 4,997
Other intangible assets amortization 1,977 2,008
Total non-interest expense 62,017 62,834
Income before income taxes 29,850 38,890
Income tax expense 5,619 7,499
Net income $ 24,231 $ 31,391
Earnings per share-basic (in dollars per share) $ 0.63 $ 0.82
Earnings per share-diluted (in dollars per share) 0.63 0.82
Common stock dividend $ 0.29 $ 0.27
Weighted average number of common shares outstanding:    
Basic (in shares) 38,068,455 38,031,358
Diluted (in shares) 38,229,869 38,188,480
Service charges    
Non-interest income:    
Non-interest income $ 4,118 $ 4,391
Bank card fees    
Non-interest income:    
Non-interest income $ 4,194 $ 4,578