XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.3
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Interest and Loan Fee Income:        
Loans $ 10,257 $ 11,441 $ 31,449 $ 34,119
Equity securities 409 388 1,239 1,178
Debt securities available for sale 30,358 40,616 94,376 130,345
Debt securities held to maturity 8,370 8,587 25,312 25,964
Interest-bearing cash 7,840 6,762 21,816 14,006
Total Interest and Loan Fee Income 57,234 67,794 174,192 205,612
Interest Expense:        
Bank Term Funding Program borrowings 0 2,278 0 5,813
Securities sold under repurchase agreements 192 254 503 461
Total Interest Expense 3,645 5,645 10,230 13,953
Net Interest and Loan Fee Income 53,589 62,149 163,962 191,659
(Reversal of) Provision for Credit Losses 0 0 (550) 300
Net Interest and Loan Fee Income After (Reversal of) Provision for Credit Losses 53,589 62,149 164,512 191,359
Noninterest Income:        
Bank owned life insurance gains 0 202 208 202
Other noninterest income 545 2,129 1,969 3,674
Total Noninterest Income 10,151 11,925 30,787 32,522
Noninterest Expense:        
Salaries and related benefits 12,387 12,762 36,816 37,831
Occupancy and equipment 5,253 5,256 15,445 15,454
Outsourced data processing services 2,722 2,614 8,128 7,661
Limited partnership operating losses 915 1,210 2,745 4,090
Courier service 738 682 2,113 2,017
Professional fees 643 337 1,424 1,101
Other noninterest expense 3,142 3,448 9,785 10,384
Total Noninterest Expense 25,800 26,309 76,456 78,538
Income Before Income Taxes 37,940 47,765 118,843 145,343
Provision for income taxes 9,677 12,708 30,477 38,407
Net Income $ 28,263 $ 35,057 $ 88,366 $ 106,936
Average Common Shares Outstanding (in shares) 25,341 26,685 25,953 26,680
Average Diluted Common Shares Outstanding (in shares) 25,341 26,686 25,953 26,681
Per Common Share Data:        
Basic earnings (in dollars per share) $ 1.12 $ 1.31 $ 3.4 $ 4.01
Diluted earnings (in dollars per share) 1.12 1.31 3.4 4.01
Dividends paid (in dollars per share) $ 0.46 $ 0.44 $ 1.36 $ 1.32
Deposit Account [Member]        
Interest Expense:        
Deposits $ 3,453 $ 3,113 $ 9,727 $ 7,679
Deposits 3,453 3,113 9,727 7,679
Noninterest Income:        
Noninterest income revenue 3,317 3,585 10,066 10,524
Credit Card, Merchant Discount [Member]        
Noninterest Income:        
Noninterest income revenue 2,860 2,474 8,280 7,714
Debit Card [Member]        
Noninterest Income:        
Noninterest income revenue 1,603 1,702 4,848 4,951
Fiduciary and Trust [Member]        
Noninterest Income:        
Noninterest income revenue 895 846 2,661 2,451
ATM Processing Fees [Member]        
Noninterest Income:        
Noninterest income revenue 483 533 1,428 1,664
Financial Service, Other [Member]        
Noninterest Income:        
Noninterest income revenue $ 448 $ 454 $ 1,327 $ 1,342