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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
INTEREST INCOME        
Interest and fees on loans $ 90,706 $ 79,657 $ 177,296 $ 155,004
Interest on investments:        
Taxable 6,947 8,370 14,073 16,583
Interest on loans held for sale 7 6 15 15
Interest on interest-earning deposits 2,550 1,618 3,875 4,394
Total interest income 100,210 89,651 195,259 175,996
INTEREST EXPENSE        
Interest on savings and interest-bearing deposit accounts 33,176 35,807 63,579 70,720
Interest on certificates of deposit 2,947 4,002 6,046 8,365
Interest on borrowed funds 154 505 586 516
Interest on finance lease liability 12 13 24 27
Interest on subordinated debt   924 1,207 2,363
Subtotal - interest expense 36,289 41,251 71,442 81,991
Interest on interest-bearing demand - brokered   110   210
Total interest expense 36,289 41,361 71,442 82,201
NET INTEREST INCOME BEFORE PROVISION FOR CREDIT LOSSES 63,921 48,290 123,817 93,795
Provision for credit losses 8,088 6,586 15,415 11,057
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 55,833 41,704 108,402 82,738
OTHER INCOME        
Wealth management fee income 17,220 15,943 33,723 31,378
Loan fee income 2,069 1,899 5,913 2,888
Capital markets revenue 925 799 1,469 1,254
Other income 1,917 2,803 3,704 4,778
Securities gains/(losses)   7 (81) 7
Total other income 22,131 21,451 44,728 40,305
OPERATING EXPENSES        
Compensation expense 29,352 28,232 59,134 54,547
Benefits Expense 10,250 7,829 19,833 17,393
Premises and equipment 7,009 6,641 13,867 12,795
FDIC insurance expense 1,495 1,045 2,883 1,900
Professional and legal fees 1,532 1,645 3,086 2,835
Trust department expense 1,189 1,092 2,369 2,135
Loan Expense 687 939 1,243 1,372
Advertising 468 919 735 1,073
Other expense 3,685 3,551 7,957 7,283
Total operating expenses 55,667 51,893 111,107 101,333
INCOME BEFORE INCOME TAX EXPENSE 22,297 11,262 42,023 21,710
Income tax expense 6,325 3,321 11,898 6,174
NET INCOME 15,972 7,941 30,125 15,536
Dividends on preferred stock 195   195  
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $ 15,777 $ 7,941 $ 29,930 $ 15,536
EARNINGS PER SHARE        
Basic $ 0.89 $ 0.45 $ 1.7 $ 0.88
Diluted $ 0.86 $ 0.45 $ 1.65 $ 0.87
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING        
Basic 17,717,883 17,704,110 17,652,229 17,657,771
Diluted 18,625,408 17,773,237 18,213,905 17,799,095