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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest income:    
Interest and fees on loans $ 64,119 $ 62,819
Interest and dividends on investment securities:    
Taxable investment securities 9,801 7,211
Tax-exempt investment securities 708 655
Interest on deposits in other financial institutions 2,254 3,611
Dividend income on FHLB and FRB stock 324 106
Total interest income 77,206 74,402
Interest on deposits:    
Demand 452 499
Savings and money market 8,862 8,443
Time 8,107 12,990
Interest on long-term debt 2,086 2,283
Total interest expense 19,507 24,215
Net interest income 57,699 50,187
Provision for credit losses 4,172 3,936
Net interest income after provision for credit losses 53,527 46,251
Other operating income:    
Mortgage banking income 597 613
Service charges on deposit accounts 2,147 2,103
Other service charges and fees 5,766 5,261
Income from fiduciary activities 1,624 1,435
Income from bank-owned life insurance 497 1,522
Other 465 310
Total other operating income 11,096 11,244
Other operating expense:    
Salaries and employee benefits 21,819 20,735
Net occupancy 4,392 4,600
Computer software 4,714 4,287
Legal and professional services 2,798 2,320
Equipment 1,082 1,010
Advertising 887 914
Communication 1,033 837
Other 5,347 5,873
Total other operating expense 42,072 40,576
Income before income taxes 22,551 16,919
Income tax expense 4,791 3,974
Net income $ 17,760 $ 12,945
Per common share data:    
Basic earnings per share (in dollars per share) $ 0.66 $ 0.48
Diluted earnings per share (in dollars per share) $ 0.65 $ 0.48
Basic weighted average shares outstanding (in shares) 27,087,154 27,046,525
Diluted weighted average shares outstanding (in shares) 27,213,406 27,099,101