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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest and dividend income    
Interest and fees on loans $ 117,075 $ 127,186
Investment securities-taxable 8,076 6,849
Investment securities-nontaxable 968 910
Interest and dividend income on assets held in other financial institutions 6,424 3,756
Total interest and dividend income 132,543 138,701
Interest expense    
Interest-bearing deposits 51,779 62,842
FHLB advances and other borrowings 96 518
Subordinated indebtedness 2,209 2,018
Total interest expense 54,084 65,378
Net interest income 78,459 73,323
Provision for credit losses 3,444 3,012
Net interest income after provision for credit losses 75,015 70,311
Noninterest income    
Other fee income 2,301 2,247
Mortgage banking revenue 915 2,398
Swap fee income 533 57
Loss on sales of securities, net 0 (403)
Limited partnership investment (loss) income (1,692) 138
Other income 902 405
Total noninterest income 15,602 17,255
Noninterest expense    
Salaries and employee benefits 37,731 35,818
Occupancy and equipment, net 8,544 6,645
Data processing 2,957 3,145
Office and operations 2,972 2,502
Intangible asset amortization 1,761 2,137
Regulatory assessments 1,392 1,734
Advertising and marketing 1,133 1,444
Professional services 1,250 1,231
Electronic banking 1,354 1,239
Loan-related expense 599 905
Franchise tax expense 675 477
Other expense 1,700 1,430
Total noninterest expense 62,068 58,707
Income before income tax expense 28,549 28,859
Income tax expense 6,138 6,227
Net income $ 22,411 $ 22,632
Basic earnings per common share (in dollars per share) $ 0.72 $ 0.73
Diluted earnings per common share (in dollars per share) $ 0.71 $ 0.73
Insurance commission and fee income    
Noninterest income    
Revenue from contracts with customers $ 7,927 $ 7,725
Service charges and fees    
Noninterest income    
Revenue from contracts with customers $ 4,716 $ 4,688