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CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest and dividend income    
Loans, including fees $ 110,865 $ 102,381
Securities 5,397 5,144
Overnight deposits 1,925 4,154
Other interest and dividends 583 656
Total interest income 118,770 112,335
Interest expense    
Deposits 47,178 46,886
Borrowed funds 4,316 5,361
Trust preferred securities 324 379
Total interest expense 51,818 52,626
Net interest income 66,952 59,709
Provision for credit losses 4,506 528
Net interest income after provision for credit losses 62,446 59,181
Non-interest income    
Non-interest income 3,565 7,027
Other income 1,465 1,072
Total non-interest income 3,638 7,004
Non-interest expense    
Compensation and benefits 21,739 19,827
Bank premises and equipment 2,463 2,343
Professional fees 4,986 5,972
Technology costs 2,220 3,011
Licensing fees 2,474 3,276
FDIC assessments 2,967 2,925
Other expenses 5,873 4,546
Total non-interest expense 42,722 41,900
Net income before income tax expense 23,362 24,285
Income tax expense 7,008 8,082
Net income $ 16,354 $ 16,203
Earnings per common share    
Basic earnings (in dollars per share) $ 1.46 $ 1.46
Diluted earnings (in dollars per share) $ 1.45 $ 1.46
Service charges on deposit accounts    
Non-interest income    
Non-interest income $ 2,173 $ 1,863
Revenue, Product and Service [Extensible List] Service charges on deposit accounts Service charges on deposit accounts
Global Payments Group revenue    
Non-interest income    
Non-interest income   $ 4,069
Revenue, Product and Service [Extensible List] Global Payments Group revenue Global Payments Group revenue