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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest income:    
Loans and leases, including fees $ 50,020 $ 44,728
Securities:    
Taxable 4,548 3,651
Tax-exempt 352 353
Federal funds sold and other earning assets 4,863 4,446
Total interest income 59,783 53,178
Interest expense:    
Deposits 27,035 16,346
Borrowings 128 224
Subordinated debt 899 626
Total interest expense 28,062 17,196
Net interest income 31,721 35,982
Provision for credit losses (440) 550
Net interest income after provision for credit losses 32,161 35,432
Noninterest income:    
Service charges on deposit accounts 1,612 1,445
Mortgage banking 280 172
Investment services 1,380 1,005
Insurance commissions 1,103 1,259
Interchange and debit card transaction fees, net 1,253 1,383
Other 2,752 1,661
Total noninterest income 8,380 6,925
Noninterest expense:    
Salaries and employee benefits 16,639 16,742
Occupancy and equipment 3,396 3,208
FDIC insurance 915 541
Other real estate and loan related expense 584 572
Advertising and marketing 302 355
Data processing and technology 2,465 2,163
Professional services 924 807
Amortization of intangibles 612 659
Other 2,716 2,482
Total noninterest expense 28,553 27,529
Income before income tax expense 11,988 14,828
Income tax expense 2,630 3,328
Net income $ 9,358 $ 11,500
Earnings per common share:    
Basic (in dollars per share) $ 0.56 $ 0.69
Diluted (in dollars per share) $ 0.55 $ 0.68
Weighted average common shares outstanding:    
Basic (in shares) 16,849,735 16,791,406
Diluted (in shares) 16,925,408 16,896,494