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Stock and Incentive Compensation Plans (Tables)

9 Months Ended

Sep. 30, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Black-Scholes Option Pricing Model

The table below includes the weighted-average assumptions used to calculate the grant date fair value of the ESPP rights for the periods indicated using the Black-Scholes option pricing model:

			Three Months Ended September 30,												Nine Months Ended September 30,
			2025						2024						2025						2024
Expected term (in years)			1.00						1.00						1.00						1.00
Dividend yield			1.79		%				1.98		%				1.89		%				2.03		%
Risk-free interest rate			3.95						4.94						4.49						4.94
Expected volatility			29.61						30.40						30.04						30.78

Schedule of ESPP Shares Purchased

The ESPP shares purchased are as follows for the dates indicated:

			Three Months Ended September 30,												Nine Months Ended September 30,
			2025						2024						2025						2024
ESPP shares purchased			—						—						58,568						56,658
Shares available for issuance under the ESPP			812,472						871,040						812,472						871,040

Schedule of Time-Vested Award Activity

The following table summarizes the Company’s award activity:

			Nine Months Ended September 30,
			2025												2024
			Shares						Weighted Average Grant-Date Fair Value						Shares						Weighted Average Grant-Date Fair Value
Nonvested RSAs, January 1,			20,415						$	33.06					17,629						$	29.33
Granted RSAs			14,760						33.89						19,682						33.03
Vested RSAs			(20,415)						33.06						(17,629)						29.33
Forfeited RSAs			(1,476)						33.89						—						—
Nonvested RSAs, September 30,			13,284						33.89						19,682						33.03
Nonvested RSUs, January 1,			352,002						$	35.45					318,168						$	37.69
Granted RSUs			120,080						37.34						117,597						31.98
Vested RSUs			(95,624)						35.76						(80,948)						38.89
Forfeited RSUs			(6,865)						33.28						(785)						42.55
Nonvested RSUs, September 30,			369,593						36.03						354,032						35.51
Nonvested PSUs, January 1,			265,197						$	32.07					197,842						$	28.33
Granted PSUs			55,650						39.50						67,355						33.03
Vested PSUs			(17,191)						44.77						—						—
Incremental forfeited PSUs(1)			(9,738)						44.77						—						—
Nonvested PSUs, September 30,			293,918						32.31						265,197						32.07

____________________________

(1)Represents forfeited incremental PSU shares due to the measurement of performance metrics.

Schedule of Share-Based Compensation Cost Charged to Income

Share-based compensation cost charged to income for the three and nine months ended September 30, 2025, and 2024, is presented below. There was no stock option expense for any of the periods shown.

			Three Months Ended September 30,												Nine Months Ended September 30,
(Dollars in thousands)			2025						2024						2025						2024
RSA & RSU			$	1,234					$	1,260					$	3,583					$	3,475
PSU			907						782						2,196						2,109
ESPP			127						144						371						369
Total stock compensation expense			$	2,268					$	2,186					$	6,150					$	5,953
Related tax benefits recognized in net income			$	476					$	459					$	1,292					$	1,250

Schedule of Stock Option Activity

The table below summarizes the Company’s option activity:

(Dollars in thousands, except per share amounts)			Number of Shares						Weighted Average Exercise Price						Weighted Average Remaining Contractual Term (in years)						Aggregate Intrinsic Value
Nine Months Ended September 30, 2025
Outstanding at January 1, 2025			225,834						$	32.24					3.72						$	614
Exercised			(22,670)						29.36						—						178
Expired and forfeited			(1,820)						37.28						—						—
Outstanding and exercisable at September 30, 2025			201,344						32.52						2.99						635
Nine Months Ended September 30, 2024
Outstanding at January 1, 2024			353,473						$	31.49					4.46						$	1,670
Exercised			(46,009)						27.80						—						282
Expired and forfeited			(45,680)						35.52						—						—
Outstanding and exercisable at September 30, 2024			261,784						31.43						3.72						758

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