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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
INTEREST INCOME        
Loans $ 76,425 $ 68,878 $ 221,796 $ 201,758
Investment securities and other 7,371 6,394 20,317 18,595
TOTAL INTEREST INCOME 83,796 75,272 242,113 220,353
INTEREST EXPENSE        
Deposits 28,486 25,233 83,906 61,668
Securities sold under reverse repurchase agreements 385 308 1,112 871
Short-term borrowings, overnight FHLBank borrowings and other interest-bearing liabilities 5,388 1,433 12,805 5,156
Subordinated debentures issued to capital trust 456 454 1,364 1,273
Subordinated notes 1,106 1,106 3,317 3,317
TOTAL INTEREST EXPENSE 35,821 28,534 102,504 72,285
NET INTEREST INCOME 47,975 46,738 139,609 148,068
PROVISION FOR CREDIT LOSSES ON LOANS 1,200   1,700 1,500
CREDIT FOR UNFUNDED COMMITMENTS (63) (1,195) (540) (3,640)
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES ON LOANS AND CREDIT FOR UNFUNDED COMMITMENTS 46,838 47,933 138,449 150,208
NON-INTEREST INCOME        
Commissions 360 232 1,010 887
Overdraft and insufficient funds fees 1,307 2,017 3,826 5,902
Point-Of-Sale and ATM fee income and service charges 3,467 3,724 10,238 11,204
Net gains on loan sales 1,076 784 2,880 1,882
Late charges and fees on loans 77 149 380 454
Gain (loss) on derivative interest rate products (37) 55 (57) (234)
Other income 742 891 5,354 3,415
TOTAL NON-INTEREST INCOME 6,992 7,852 23,631 23,510
NON-INTEREST EXPENSE        
Salaries and employee benefits 19,548 19,673 59,090 58,554
Net occupancy and equipment expense 8,138 7,729 23,818 22,858
Postage 861 844 2,445 2,586
Insurance 1,052 1,301 3,459 3,178
Advertising 928 950 2,169 2,500
Office supplies and printing 232 294 735 820
Telephone 669 657 2,075 2,048
Legal, audit and other professional fees 809 1,849 4,398 5,477
Expense (income) on other real estate and repossessions (536) 62 (190) 263
Acquired intangible asset amortization 108 59 325 228
Other operating expenses 1,908 2,139 6,224 6,226
TOTAL NON-INTEREST EXPENSE 33,717 35,557 104,548 104,738
INCOME BEFORE INCOME TAXES 20,113 20,228 57,532 68,980
PROVISION FOR INCOME TAXES 3,623 4,349 10,647 14,325
NET INCOME $ 16,490 $ 15,879 $ 46,885 $ 54,655
Earnings Per Common Share        
Basic Earnings Per Common Share (in dollars per share) $ 1.41 $ 1.33 $ 4.01 $ 4.53
Diluted Earnings Per Common Share (in dollars per share) 1.41 1.33 3.99 4.52
Dividends Declared Per Common Share (in dollars per share) $ 0.40 $ 0.40 $ 1.20 $ 1.20