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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest income:    
Loans $ 67,590 $ 68,211
Taxable investment securities 6,363 6,967
Tax-exempt investment securities 8,481 11,088
MBS 13,523 10,119
FHLB stock and equity investments 483 333
Other interest earning assets 3,848 6,040
Total interest and dividend income 100,288 102,758
Interest expense:    
Deposits 37,247 38,198
FHLB borrowings 5,837 5,950
Subordinated notes 932 956
Trust preferred subordinated debentures 1,014 1,175
Other borrowings 1,406 3,131
Total interest expense 46,436 49,410
Net interest income 53,852 53,348
Provision for (reversal of) credit losses 758 58
Net interest income after provision for credit losses 53,094 53,290
Noninterest income:    
Deposit services 5,829 5,985
Net gain (loss) on sale of securities AFS (554) (18)
Gain (loss) on sale of loans 55 (436)
Trust fees 1,765 1,336
BOLI 799 784
Brokerage services 1,120 1,014
Other 1,209 1,059
Total noninterest income 10,223 9,724
Noninterest expense:    
Salaries and employee benefits 22,382 23,113
Net occupancy 3,404 3,362
Advertising, travel & entertainment 924 950
ATM expense 378 325
Professional fees 1,520 1,154
Software and data processing 2,839 2,856
Communications 383 449
FDIC insurance 947 943
Amortization of intangibles 223 337
Other 4,089 3,392
Total noninterest expense 37,089 36,881
Income before income tax expense 26,228 26,133
Income tax expense 4,721 4,622
Net income $ 21,507 $ 21,511
Earnings per common share - basic (in dollars per share) $ 0.71 $ 0.71
Earnings per common share - diluted (in dollars per share) 0.71 0.71
Cash dividends paid per common share (in dollars per share) $ 0.36 $ 0.36