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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
INTEREST AND DIVIDEND INCOME:        
Interest and fees on loans receivable $ 72,142 $ 66,901 $ 143,655 $ 129,229
Securities:        
Taxable 8,262 5,083 14,398 9,113
Tax-exempt 156 180 323 377
Dividends 92 168 181 253
Total interest and dividend income 80,652 72,332 158,557 138,972
INTEREST EXPENSE:        
Deposits 33,794 23,578 65,342 40,277
Borrowed funds and finance lease liabilities 3 445 6 1,708
Subordinated notes and debentures (includes $0, $(51), $0 and $(96) accumulated other comprehensive income reclassification for change in fair value of interest rate swap agreements, respectively) 1,138 1,049 2,270 2,088
Total interest expense 34,935 25,072 67,618 44,073
NET INTEREST INCOME 45,717 47,260 90,939 94,899
PROVISION FOR CREDIT LOSS EXPENSE 2,591 2,405 3,911 3,695
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSS EXPENSE 43,126 44,855 87,028 91,204
NON-INTEREST INCOME:        
Service charges on deposit accounts 1,794 1,913 3,488 3,708
Other service charges and fees 712 1,085 1,407 1,716
Wealth and asset management fees 2,007 1,917 3,809 3,734
Net realized gains on available-for-sale securities (includes $0, $30, $0 and $52 accumulated other comprehensive income reclassifications for net realized gains on available-for-sale securities, respectively) 0 30 0 52
Net realized and unrealized gains (losses) on equity securities (80) (244) 111 (530)
Mortgage banking 187 176 383 344
Bank owned life insurance 784 693 1,551 1,457
Card processing and interchange income 2,187 2,062 4,203 4,121
Other non-interest income 1,274 661 2,868 1,733
Total non-interest income 8,865 8,293 17,820 16,335
NON-INTEREST EXPENSES:        
Compensation and benefits 17,676 17,059 36,463 34,104
Net occupancy expense 3,580 3,628 7,220 7,194
Technology expense 5,573 5,187 10,645 9,445
State and local taxes 1,237 1,030 2,380 2,080
Legal, professional, and examination fees 1,119 1,002 2,291 1,847
Advertising 553 701 1,238 1,245
FDIC insurance premiums 1,018 1,001 2,008 1,874
Card processing and interchange expenses 878 1,572 2,057 3,062
Other non-interest expenses 4,355 4,808 9,111 9,127
Total non-interest expenses 35,989 35,988 73,413 69,978
INCOME BEFORE INCOME TAXES 16,002 17,160 31,435 37,561
INCOME TAX EXPENSE (includes $0, $17, $0 and $31 income tax expense from reclassification items, respectively) 3,045 3,333 5,878 7,245
NET INCOME 12,957 13,827 25,557 30,316
PREFERRED STOCK DIVIDENDS 1,075 1,075 2,150 2,150
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $ 11,882 $ 12,752 $ 23,407 $ 28,166
AVERAGE COMMON SHARES OUTSTANDING, Basic (in share) 20,830,511 20,916,861 20,827,139 20,979,373
AVERAGE COMMON SHARES OUTSTANDING, Diluted (in shares) 20,893,396 20,956,575 20,890,203 21,019,178
PER COMMON SHARE DATA:        
Basic Earnings Per Common Share (in dollars per share) $ 0.57 $ 0.61 $ 1.12 $ 1.34
Diluted Earnings Per Common Share (in dollars per share) 0.56 0.61 1.11 1.33
Cash Dividends Declared (in dollars per share) $ 0.175 $ 0.175 $ 0.350 $ 0.350