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Condensed Consolidated Statements of Income (unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Interest income:        
Interest and fees on loans $ 84,784,000 $ 79,560,000 $ 164,702,000 $ 157,383,000
Interest on investment securities 6,895,000 7,405,000 13,672,000 14,810,000
Interest on certificates of deposit 28,000 43,000 64,000 63,000
Interest on federal funds sold 0 8,000 1,000 25,000
Interest on deposits with other financial institutions 1,694,000 1,667,000 2,521,000 4,074,000
Total interest income 93,401,000 88,683,000 180,960,000 176,355,000
Interest expense:        
Interest on deposits 24,964,000 26,338,000 48,686,000 52,434,000
Interest on securities sold under agreements to repurchase 1,218,000 1,615,000 2,398,000 3,671,000
Interest on FHLB borrowings 2,043,000 2,248,000 3,850,000 4,562,000
Interest on other borrowings 0 0 24,000 0
Interest on junior subordinated debentures 464,000 537,000 932,000 1,079,000
Interest on subordinated debentures 849,000 1,180,000 1,798,000 2,374,000
Total interest expense 29,538,000 31,918,000 57,688,000 64,120,000
Net interest income 63,863,000 56,765,000 123,272,000 112,235,000
Provision for credit losses 2,567,000 1,083,000 4,219,000 726,000
Net interest income after provision for credit losses 61,296,000 55,682,000 119,053,000 111,509,000
Other income:        
Wealth management revenues 5,394,000 5,405,000 11,205,000 10,727,000
Insurance commissions 7,840,000 6,531,000 17,765,000 15,744,000
Service charges 2,995,000 3,227,000 5,896,000 6,183,000
Securities losses, net (0) (156,000) (181,000) (156,000)
Mortgage banking revenue, net 1,070,000 1,038,000 1,781,000 1,744,000
ATM/debit card revenue 4,636,000 4,281,000 8,282,000 8,336,000
Bank owned life insurance 1,206,000 1,192,000 2,893,000 2,313,000
Other 452,000 904,000 816,000 2,009,000
Total other income 23,593,000 22,422,000 48,457,000 46,900,000
Other expense:        
Salaries and employee benefits 33,623,000 30,164,000 65,371,000 60,612,000
Net occupancy and equipment expense 7,869,000 7,507,000 16,348,000 15,067,000
Net other real estate owned expense 75,000 85,000 176,000 64,000
FDIC insurance 873,000 902,000 1,722,000 1,771,000
Amortization of intangible assets 3,121,000 3,340,000 6,352,000 6,837,000
Stationery and supplies 367,000 370,000 798,000 761,000
Legal and professional 2,757,000 2,536,000 5,833,000 4,985,000
ATM/debit card 1,144,000 1,281,000 2,975,000 2,472,000
Marketing and donations 777,000 814,000 1,629,000 1,676,000
Other 4,156,000 4,392,000 8,030,000 10,508,000
Total other expense 54,762,000 51,391,000 109,234,000 104,753,000
Income before income taxes 30,127,000 26,713,000 58,276,000 53,656,000
Income taxes 6,689,000 6,968,000 12,667,000 13,408,000
Net income $ 23,438,000 $ 19,745,000 $ 45,609,000 $ 40,248,000
Per share data:        
Basic net income per common share $ 0.98 $ 0.83 $ 1.91 $ 1.69
Diluted net income per common share $ 0.98 $ 0.82 $ 1.9 $ 1.68