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Parent Company Statements (Tables)
12 Months Ended
Dec. 31, 2025
Condensed Financial Information Disclosure [Abstract]  
Condensed Balance Sheets
CONDENSED BALANCE SHEETS
December 31,
(In thousands)20252024
ASSETS
Cash and cash equivalents$3,479 $83,209 
Investment in subsidiaries808,102 617,476 
Other assets3,775 1,423 
Total assets$815,356 $702,108 
LIABILITIES AND SHAREHOLDERS' EQUITY
Subordinated debt and trust preferred securities$ $45,741 
Other liabilities1,298 1,349 
Shareholders' equity814,058 655,018 
Total liabilities and shareholders' equity$815,356 $702,108 
Condensed Statements of Income and Comprehensive Income
CONDENSED STATEMENTS OF INCOME
Year Ended December 31,
(In thousands)202520242023
Income
Other income$41 $62 $147 
Total Income41 62 147 
Expenses21,009 6,677 10,865 
Loss before income tax and equity in undistributed earnings of subsidiaries(20,968)(6,615)(10,718)
Income Tax Benefit4,114 1,549 2,932 
Equity in undistributed earnings of subsidiaries73,102 54,503 45,183 
Net Income$56,248 $49,437 $37,397 
Condensed Statement of Cash Flows
CONDENSED STATEMENTS OF CASH FLOWS
Year Ended December 31,
(In thousands)202520242023
CASH FLOWS FROM OPERATING ACTIVITIES
Net income$56,248 $49,437 $37,397 
Equity in undistributed earnings of subsidiaries(73,102)(54,503)(45,183)
Stock based compensation1,999 1,047 1,103 
Amortization of debt issuance costs5 
Net change in other assets (2,352)2,829 (3,407)
Net change in other liabilities(517)(854)(246)
Net cash used in operating activities(17,719)(2,037)(10,329)
CASH FLOWS FROM INVESTING ACTIVITIES
Net cash paid for acquisition4,772 — (25,574)
Investment in subsidiary(8,588)12,810 71,493 
Net cash (used in)/provided by investing activities$(3,816)$12,810 $45,919 
CASH FLOWS FROM FINANCING ACTIVITIES
Dividends paid(18,160)(13,822)(12,981)
Employee and Director Stock Purchase Plans stock issuance619 561 482 
Proceeds from issuance of common stock 75,956 — 
Treasury stock purchased(2,250)(323)(4,876)
Stock options exercised6,876 — — 
Subordinated debt and trust preferred securities redemption(45,280)— (10,000)
Net cash (used in)/provided by financing activities(58,195)62,372 (27,375)
Net (decrease)/increase in cash and cash equivalents(79,730)73,145 8,215 
Cash and cash equivalents, beginning of year83,209 10,064 1,849 
Cash and cash equivalents, end of year$3,479 $83,209 $10,064