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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest Income    
Interest and fees on loans $ 75,104 $ 74,457
Investment securities - taxable 7,494 6,039
Investment securities - tax exempt 2,544 6,192
Other 1,509 2,487
Total interest income 86,651 89,175
Interest Expense    
Deposits 19,944 25,601
Short and long term borrowings 1,654 9,188
Subordinated notes 1,830 829
Junior subordinated debentures issued to capital trusts 983 1,290
Total interest expense 24,411 36,908
Net Interest Income 62,240 52,267
Credit loss expense 391 1,376
Net Interest Income after Provision for Credit Losses 61,849 50,891
Non-interest Income    
Service charges on deposit accounts 3,524 3,208
Wire transfer fees 63 71
Interchange fees 3,373 3,241
Fiduciary activities 1,556 1,326
Loss on sale of investment securities 0 (407)
Gain on sale of mortgage loans 1,090 1,076
Mortgage servicing income net of impairment 337 385
Increase in cash value of bank owned life insurance 333 335
Other income 967 7,264
Total non-interest income 11,243 16,499
Non-interest Expense    
Salaries and employee benefits 23,187 22,414
Net occupancy expenses 4,197 3,702
Data processing 3,353 2,872
Professional fees 929 826
Outside services and consultants 2,764 3,265
Loan expense 1,219 689
FDIC insurance expense 1,023 1,288
Core deposit intangible amortization 675 816
Merger related expense 0 305
Other losses 192 228
Other expense 3,208 2,901
Total non-interest expense 40,747 39,306
Income Before Income Taxes 32,345 28,084
Income tax expense 6,177 4,141
Net Income Available to Common Shareholders $ 26,168 $ 23,943
Basic earnings per share (in USD per share) $ 0.51 $ 0.55
Diluted earnings per share (in USD per share) $ 0.51 $ 0.54