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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Fee Revenue and Other Income:    
Fee revenues $ 32,311 $ 31,036
Other 1,267 1,335
Total fee revenue and other income 33,297 32,107
Interest Income:    
Interest and fees on loans 12,776 12,235
Interest and dividends on securities:    
Taxable 3,519 3,586
Exempt from federal income taxes 918 1,208
Interest on federal funds sold and other short-term investments 4,441 3,113
Total interest income 21,654 20,142
Interest Expense:    
Interest on deposits 5,178 3,171
Interest on short-term borrowings 0 73
Total interest expense 5,178 3,244
Net interest income 16,476 16,898
Provision for (release of) credit losses 95 (340)
Net interest income after provision for (release of) credit losses 16,381 17,238
Total net revenue 49,678 49,345
Operating Expense:    
Personnel 30,607 30,026
Occupancy 861 855
Equipment 1,881 2,082
Amortization of intangible assets 191 195
Other operating expense 7,131 7,214
Total operating expense 40,671 40,372
Income before income tax expense 9,007 8,973
Income tax expense 1,855 1,856
Net income $ 7,152 $ 7,117
Basic earnings per share (in dollars per share) $ 0.53 $ 0.52
Diluted earnings per share (in dollars per share) $ 0.52 $ 0.51
Processing fees    
Fee Revenue and Other Income:    
Fee revenues $ 21,253 $ 19,513
Financial fees    
Fee Revenue and Other Income:    
Fee revenues $ 10,777 $ 11,259