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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest and fees on loans $ 115,351 $ 120,088
Interest and dividends on investment securities:    
Taxable 4,987 4,334
Tax-exempt 1,097 1,154
Dividends 889 1,125
Interest on federal funds sold and other short-term investments 2,465 2,906
Total interest income 124,789 129,607
Interest expense    
Deposits 53,992 60,407
Borrowings 5,041 8,900
Total interest expense 59,033 69,307
Net interest income 65,756 60,300
Provision for credit losses 3,500 4,000
Net interest income after provision for credit losses 62,256 56,300
Noninterest income    
Deposit, loan and other income 2,006 1,592
Income on bank owned life insurance 1,584 1,664
Net gains on sale of loans held-for-sale 332 506
Net gains on equity securities 529 86
Total noninterest income 4,451 3,848
Noninterest expenses    
Salaries and employee benefits 22,578 22,131
Occupancy and equipment 2,680 3,009
FDIC insurance 1,800 1,800
Professional and consulting 2,366 1,928
Marketing and advertising 595 677
Information technology and communications 4,596 4,389
Merger expenses 1,320 0
Loss on bank owned life insurance policy exchange 327 0
Amortization of core deposit intangibles 279 321
Other expenses 2,764 2,810
Total noninterest expenses 39,305 37,065
Income before income tax expense 27,402 23,083
Income tax expense 7,160 5,878
Net income 20,242 17,205
Preferred dividends 1,509 1,509
Net income available to common stockholders $ 18,733 $ 15,696
Earnings per common share:    
Basic (in dollars per share) $ 0.49 $ 0.41
Diluted (in dollars per share) $ 0.49 $ 0.41