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INCOME TAXES (Tables) | 12 Months Ended
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Dec. 31, 2024
Income Tax Disclosure [Abstract] |
Schedule of Income Tax Expense Included in Consolidated Financial Statements | The income tax expense included in the consolidated financial statements for the years ended December 31 is allocated as follows:
(In thousands) |  | 2024 |  |  | 2023 |  |  | 2022 |
Federal: |  |  |  |  |  |  |  |  |
Current expense |  | $ | 19,576 |  |  | $ | 25,814 |  |  | $ | 27,228 |
Deferred (benefit)/expense |  |  | (11,461 | ) |  |  | (11,862 | ) |  |  | (7,817 | )
State: |  |  |  |  |  |  |  |  |
Current expense |  |  | 6,685 |  |  |  | 7,889 |  |  |  | 7,511 |
Deferred (benefit)/expense |  |  | (4,384 | ) |  |  | (3,414 | ) |  |  | 1,176 |
Change in valuation allowance |  |  | 1,548 |  |  |  |  |  |  |
Total income tax expense |  | $ | 11,964 |  |  | $ | 18,427 |  |  | $ | 28,098 |
Schedule of Total Income Tax Expense Differed from Amounts Computed by Applying U.S. Federal Income Tax Rate to Income Before Taxes | Total income tax expense differed from the amounts computed by applying the U.S. Federal income tax rate of 21 percent for 2024, 2023, and 2022, respectively, to income before taxes as a result of the following:
(In thousands) |  | 2024 |  |  | 2023 |  |  | 2022 |
"Tax expense computed at applicable statutory rate" |  | $ | 9,440 |  |  | $ | 14,129 |  |  | $ | 21,513 |
(Decrease)/increase in taxes resulting from: |  |  |  |  |  |  |  |  |
Tax-exempt income |  |  | (174 | ) |  |  | (261 | ) |  |  | (236 | )
State income taxes, net of Federal benefit |  |  | 1,818 |  |  |  | 3,535 |  |  |  | 7,109 |
Bank owned life insurance income |  |  | (327 | ) |  |  | (266 | ) |  |  | (261 | )
Life insurance expense |  |  | 163 |  |  |  | 238 |  |  |  | 21 |
Interest disallowance |  |  | 100 |  |  |  | 143 |  |  |  | 34 |
Meals and entertainment expense |  |  | 106 |  |  |  | 78 |  |  |  | 39 |
Stock-based compensation |  |  | 127 |  |  |  | 889 |  |  |  | (130 | )
Change in valuation allowance |  |  | 1,548 |  |  |  | — |  |  |  | — |
Other |  |  | (837 | ) |  |  | (58 | ) |  |  | 9 |
Total income tax expense |  | $ | 11,964 |  |  | $ | 18,427 |  |  | $ | 28,098 |
Schedule of Tax Effects of Temporary Differences that Give Rise to Significant Portions of Deferred Tax Assets and Deferred Tax Liabilities | The tax effects of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities as of December 31 are as follows:
(In thousands) |  | 2024 |  |  | 2023 |
Deferred tax assets: |  |  |  |  |  |
Allowance for credit losses |  | $ | 19,430 |  |  | $ | 17,540 |
Tax net operating loss carryforward |  |  | 134 |  |  |  | 262 |
Capital loss carryforward |  |  | 1,548 |  |  |  | 1,763 |
Organization costs |  |  | 3 |  |  |  | 7 |
Unrealized loss on securities available for sale |  |  | 27,182 |  |  |  | 25,408 |
Unrealized loss on equity security |  |  | 558 |  |  |  | 488 |
Stock compensation expense |  |  | 6,081 |  |  |  | 2,621 |
Nonaccrual interest |  |  | 31 |  |  |  | 115 |
Accrued compensation |  |  | 7,923 |  |  |  | 7,201 |
Accrued expenses |  |  | 833 |  |  |  | 1,079 |
Discount accretion |  |  | 1,441 |  |  |  |
Lease liabilities |  |  | 11,486 |  |  |  | 3,328 |
Finance lease |  |  | 516 |  |  |  | 672 |
Other |  |  | 1,170 |  |  |  | 1,080 |
Total deferred tax assets |  | $ | 78,336 |  |  | $ | 61,564 |
Deferred tax liabilities: |  |  |  |  |  |
Lease financing |  | $ | 38,343 |  |  | $ | 48,002 |
Cash flow hedge |  |  | 2,078 |  |  |  | 1,883 |
Deferred loan origination costs and fees |  |  | 2,090 |  |  |  | 1,878 |
Deferred income |  |  | 4,420 |  |  |  | 4,479 |
Amortization of intangible assets |  |  | 2,451 |  |  |  | 1,245 |
Lease right-of-use asset |  |  | 10,619 |  |  |  | 3,126 |
Other |  |  | 406 |  |  |  | 446 |
Total deferred tax liabilities |  |  | 60,407 |  |  |  | 61,059 |
Net deferred tax asset/(liability) before valuation allowance |  |  | 17,929 |  |  |  | 505 |
Valuation allowance |  |  | (1,548 | ) |  |  | — |
Net deferred tax asset/(liability) |  | $ | 16,381 |  |  | $ | 505 |

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