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UNAUDITED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest Income:    
Interest and Fees on Loans $ 85,947 $ 73,768
Interest and Dividends on Non-taxable Securities 1,074 1,065
Interest and Dividends on Taxable Securities 4,525 3,717
Interest on Federal Funds Sold and Due From Banks 4,465 942
Total Interest Income 96,011 79,492
Interest Expense:    
Interest on Deposits 38,029 18,928
Interest on Borrowings 6,451 7,815
Total Interest Expense 44,480 26,743
Net Interest Income 51,531 52,749
Provision for Credit Losses 1,186 3,222
Net Interest Income after Provision for Credit Losses 50,345 49,527
Other Income:    
Service Charges on Deposit Accounts 2,439 2,281
Loss on Sales of Securities (1) (1)
Gain on Sales of Loans 139 611
Other Income 6,809 5,497
Total Other Income 9,386 8,388
Other Expenses:    
Salaries and Employee Benefits 25,416 23,176
Occupancy and Equipment Expense 5,357 5,001
Other Expenses 11,749 10,502
Total Other Expenses 42,522 38,679
Income Before Income Taxes 17,209 19,236
Provision for Income Taxes 3,639 4,211
Net Income 13,570 15,025
Preferred Stock Dividends 1,350 1,350
Net Income Available to Common Shareholders $ 12,220 $ 13,675
Earnings Per Common Share:    
Basic (in dollars per share) $ 0.49 $ 0.55
Diluted (in dollars per share) $ 0.48 $ 0.54