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Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Information

Information reported internally for performance assessment by the CODM follows, including reconciliation to the financial statements.

			Year ended December 31,
			2024						2023						2022
Interest and Dividend Income:
Loans including fees
Interest and fees on loans			$	293,544					$	273,220					$	194,149
PPP fees			—						3						1,889
Investment Securities			31,926						20,473						17,700
Total interest and dividend income			325,470						293,696						213,738
Interest Expense:
Deposits			133,493						97,770						19,833
Borrowed funds			4,508						6,097						4,246
Total interest expense			138,001						103,867						24,079
NET INTEREST INCOME			187,469						189,829						189,659
PROVISION FOR CREDIT LOSS EXPENSE			9,222						5,993						8,589
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSS EXPENSE			178,247						183,836						181,070
NON-INTEREST INCOME:
Service charges on deposit accounts			6,990						7,372						7,206
Other service charges and fees			2,973						3,010						3,196
Wealth and asset management fees			7,845						7,251						7,172
Security gains (losses), net			828						(335)						(498)
Mortgage banking			673						676						1,237
Bank owned life insurance			3,110						2,945						3,433
Card processing and interchange income			8,666						8,301						7,797
Other non-interest income			8,029						4,115						5,223
Total non-interest income			39,114						33,335						34,766
NON-INTEREST EXPENSES:
Salaries			54,089						50,871						44,495
Incentive			2,465						2,847						9,875
Benefits			17,982						17,344						17,090
Net occupancy expense			14,737						14,509						13,298
Technology expense			21,805						20,202						17,041
State and local taxes			4,726						4,126						4,078
Legal, professional and examination fees			4,217						4,414						4,173
Advertising			2,545						3,133						2,887
FDIC insurance			3,718						3,879						2,796
Card processing and interchange expenses			4,575						5,025						4,801
Other non-interest expenses			19,143						18,992						17,088
Total non-interest expenses			150,002						145,342						137,622
INCOME BEFORE INCOME TAXES			67,359						71,829						78,214
INCOME TAX EXPENSE			12,784						13,809						15,026
SEGMENT NET INCOME			$	54,575					$	58,020					$	63,188
Reconciliation of profit or loss
Adjustments and reconciling items			—						—						—
CONSOLIDATED NET INCOME			$	54,575					$	58,020					$	63,188
Reconciliation of assets
Adjustments and reconciling items			—						—
TOTAL CONSOLIDATED ASSETS			$	6,192,010					$	5,752,957

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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