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Condensed Consolidated Statements of Income (unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Interest income:        
Interest and fees on loans $ 87,020,000 $ 81,775,000 $ 251,722,000 $ 239,158,000
Interest on investment securities 7,659,000 7,036,000 21,331,000 21,846,000
Interest on certificates of deposit 23,000 39,000 87,000 102,000
Interest on federal funds sold 1,000 28,000 2,000 53,000
Interest on deposits with other financial institutions 1,432,000 2,304,000 3,953,000 6,378,000
Total interest income 96,135,000 91,182,000 277,095,000 267,537,000
Interest expense:        
Interest on deposits 25,179,000 28,341,000 73,865,000 80,775,000
Interest on securities sold under agreements to repurchase 1,105,000 1,444,000 3,503,000 5,115,000
Interest on other borrowings 2,186,000 2,195,000 6,060,000 6,757,000
Interest on junior subordinated debentures 452,000 567,000 1,384,000 1,646,000
Interest on subordinated debentures 850,000 1,092,000 2,648,000 3,466,000
Total interest expense 29,772,000 33,639,000 87,460,000 97,759,000
Net interest income 66,363,000 57,543,000 189,635,000 169,778,000
Provision for credit losses 3,353,000 1,266,000 7,572,000 1,992,000
Net interest income after provision for credit losses 63,010,000 56,277,000 182,063,000 167,786,000
Other income:        
Wealth management revenues 5,145,000 5,816,000 16,350,000 16,543,000
Insurance commissions 7,089,000 6,003,000 24,854,000 21,747,000
Service charges 3,240,000 3,121,000 9,136,000 9,304,000
Investment securities losses, net (1,930,000) (277,000) (2,111,000) (433,000)
Mortgage banking revenue, net 1,255,000 1,109,000 3,036,000 2,853,000
ATM/debit card revenue 4,182,000 4,267,000 12,464,000 12,603,000
Bank owned life insurance 1,255,000 1,196,000 4,148,000 3,509,000
Other 2,673,000 1,788,000 3,489,000 3,797,000
Total other income 22,909,000 23,023,000 71,366,000 69,923,000
Other expense:        
Salaries and employee benefits 33,570,000 31,565,000 98,941,000 92,177,000
Net occupancy and equipment expense 9,196,000 8,055,000 25,544,000 23,122,000
Net other real estate owned expense 217,000 107,000 393,000 171,000
FDIC insurance 874,000 829,000 2,596,000 2,600,000
Amortization of intangible assets 3,128,000 3,405,000 9,480,000 10,242,000
Stationery and supplies 411,000 482,000 1,209,000 1,243,000
Legal and professional 2,454,000 2,573,000 8,287,000 7,558,000
ATM/debit card 2,052,000 1,869,000 5,027,000 4,341,000
Marketing and donations 959,000 836,000 2,588,000 2,512,000
Other 4,285,000 4,212,000 12,315,000 14,720,000
Total other expense 57,146,000 53,933,000 166,380,000 158,686,000
Income before income taxes 28,773,000 25,367,000 87,049,000 79,023,000
Income taxes 6,311,000 5,885,000 18,978,000 19,293,000
Net income $ 22,462,000 $ 19,482,000 $ 68,071,000 $ 59,730,000
Per share data:        
Basic net income per common share $ 0.94 $ 0.81 $ 2.85 $ 2.5
Diluted net income per common share $ 0.94 $ 0.81 $ 2.84 $ 2.49