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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest income:    
Loans, including fees $ 50,570 $ 48,932
Securities:    
Taxable 4,692 5,511
Non-taxable 801 809
Federal funds sold and interest-bearing deposits in banks 3,859 3,475
Total interest income 59,922 58,727
Interest expense:    
Deposits 19,827 21,663
Subordinated debt 835 835
Junior subordinated deferrable interest debentures 733 861
Total interest expense 21,395 23,359
Net interest income 38,527 35,368
Provision for credit losses 420 830
Net interest income, after provision for credit losses 38,107 34,538
Noninterest income:    
Service charges on deposit accounts 2,141 1,813
Net gain on sales of loans 2,591 2,654
Bank card services and interchange fees 3,379 3,061
Other mortgage banking income (loss) (478) 1,291
Investment commissions 434 434
Fiduciary fees 738 754
Other 1,820 1,402
Total noninterest income 10,625 11,409
Noninterest expense:    
Salaries and employee benefits 19,441 18,988
Occupancy and equipment, net 4,027 3,920
Professional services 1,730 1,483
Marketing and development 905 754
IT and data services 1,164 990
Bank card expenses 1,454 1,397
Appraisal expenses 192 227
Other 4,117 4,171
Total noninterest expense 33,030 31,930
Income before income taxes 15,702 14,017
Income tax expense 3,408 3,143
Net income $ 12,294 $ 10,874
Earnings per share:    
Basic (in dollars per share) $ 0.75 $ 0.66
Diluted (in dollars per share) $ 0.72 $ 0.64
Net income $ 12,294 $ 10,874
Other comprehensive income (loss):    
Unrealized gains (losses) on securities available for sale 5,640 (10,832)
Less: Change in fair value on hedged state and municipal securities (2,252) 1,385
Tax effect (711) 1,984
Other comprehensive income (loss) 2,677 (7,463)
Comprehensive income $ 14,971 $ 3,411