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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest income:    
Interest and fees on loans $ 68,790 $ 70,333
Interest and dividends on investment securities 11,487 6,095
Other interest income 774 1,985
Total interest income 81,051 78,413
Interest expense:    
Deposits 32,136 35,238
Short-term borrowings 491 1,529
Long-term borrowings 1,560 1,564
Total interest expense 34,187 38,331
Net interest income 46,864 40,082
Provision (benefit) for credit losses 2,928 (5,456)
Net interest income after provision (benefit) for credit losses 43,936 45,538
Noninterest income:    
Service charges on deposits 1,052 1,077
Insurance income 3 2,134
Card interchange income 1,840 1,902
Investment advisory 2,737 2,582
Company owned life insurance 2,777 1,298
Investments in limited partnerships 415 342
Loan servicing 123 175
Income from derivative instruments, net 250 174
Net gain on sale of loans held for sale 117 88
Net loss on sale of other assets 0 (13)
Net loss on tax credit investments (514) (375)
Other 1,573 1,517
Total noninterest income 10,373 10,901
Noninterest expense:    
Salaries and employee benefits 16,898 17,340
Occupancy and equipment 3,590 3,752
Professional services 1,691 2,372
Computer and data processing 5,487 5,386
Supplies and postage 578 475
FDIC assessments 1,467 1,295
Advertising and promotions 342 297
Amortization of intangibles 107 217
Restructuring charges 68 0
Deposit-related charged-off items (recoveries) expense (294) 19,179
Other 3,751 3,700
Total noninterest expense 33,685 54,013
Income before income taxes 20,624 2,426
Income tax expense 3,746 356
Net income 16,878 2,070
Preferred stock dividends 365 365
Net income available to common shareholders $ 16,513 $ 1,705
Earnings per common share (Note 2):    
Basic $ 0.82 $ 0.11
Diluted 0.81 0.11
Cash dividends declared per common share $ 0.31 $ 0.3