XML 136 R125.htm IDEA: XBRL DOCUMENT v3.25.0.1
Condensed Quarterly Earnings (unaudited) - Schedule of Quarterly Financial Information (Details) - USD ($)
$ / shares in Units, $ in Thousands
 3 Months Ended 12 Months Ended
Dec. 31, 2024
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Quarterly Financial Information Disclosure [Abstract]                      
Interest income $ 60,110 $ 59,327 $ 57,910 $ 55,783 $ 54,762 $ 50,941 $ 47,161 $ 42,064 $ 233,130 $ 194,928 $ 121,371
Interest expense 26,962 28,320 27,370 26,272 25,222 22,345 19,414 15,359 108,924 82,340 22,949
Net interest expense 33,148 31,007 30,540 29,511 29,540 28,596 27,747 26,705 124,206 112,588 98,422
Provision for credit losses 2,701 2,087 1,713 2,326 2,573 1,817 2,231 1,561 8,827 8,182 (3,868)
Non-interest income 8,005 7,064 7,425 6,757 7,094 8,430 7,374 8,410 29,251 31,308 29,428
Non-interest expense 23,152 23,107 23,879 23,342 21,588 23,189 22,031 21,767 93,480 88,575 79,474
Income before income tax expense 15,300 12,877 12,373 10,600 12,473 12,020 10,859 11,787 51,150 47,139 52,244
Income tax expense 885 2,351 1,917 1,752 2,703 2,079 2,522 2,808 6,905 10,112 11,386
Net income 14,415 10,526 10,456 8,848 9,770 9,941 8,337 8,979 44,245 37,027 40,858
Preferred stock dividend 219 218 219 219 219 218 219 219 875 875 683
Net income available to common shareholders $ 14,196 $ 10,308 $ 10,237 $ 8,629 $ 9,551 $ 9,723 $ 8,118 $ 8,760 $ 43,370 $ 36,152 $ 40,175
Basic earnings per common share $ 1.71 $ 1.24 $ 1.23 $ 1.04 $ 1.15 $ 1.17 $ 0.98 $ 1.05 $ 5.2 $ 4.33 $ 4.75
Diluted earnings per common share 1.71 1.24 1.23 1.04 1.15 1.17 0.98 1.05 5.2 4.33 4.75
Dividends declared $ 0.25 $ 0.25 $ 0.25 $ 0.25 $ 0.2275 $ 0.2275 $ 0.2275 $ 0.2275 $ 1 $ 0.91 $ 0.79