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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
INTEREST INCOME:        
Loans, including related fees $ 67,070 $ 61,367 $ 195,457 $ 162,878
Securities:        
Taxable 5,985 6,319 17,902 18,083
Tax-exempt 2,689 2,715 7,915 7,919
Other 900 1,294 2,579 2,989
TOTAL INTEREST INCOME 76,644 71,695 223,853 191,869
INTEREST EXPENSE:        
Deposits 18,002 22,197 54,696 59,622
Short-term borrowings 1,916 993 5,007 2,928
Other borrowings 2,123 1,335 4,901 3,935
TOTAL INTEREST EXPENSE 22,041 24,525 64,604 66,485
NET INTEREST INCOME 54,603 47,170 159,249 125,384
Provision for credit losses 1,950 9,400 5,850 14,166
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 52,653 37,770 153,399 111,218
NON-INTEREST INCOME:        
Trust and financial services 1,278 1,251 4,161 3,903
Service charges and fees on deposit accounts 8,104 8,139 23,243 21,576
Other service charges and fees 251 191 823 700
Securities gains (losses), net 24 103 21 104
Interchange income 176 177 570 490
Loan servicing fees 338 274 830 957
Gain on sales of mortgage loans 494 411 1,149 886
Other 484 677 1,244 1,943
Total non-interest income 11,149 11,223 32,041 30,559
NON-INTEREST EXPENSE:        
Salaries and employee benefits 19,788 18,521 58,725 53,231
Occupancy expense 2,738 2,556 7,886 7,116
Equipment expense 4,811 4,280 13,903 12,736
FDIC Expense 690 558 2,235 1,721
Other 10,021 12,649 30,334 29,833
TOTAL NON-INTEREST EXPENSE 38,048 38,564 113,083 104,637
INCOME BEFORE INCOME TAXES 25,754 10,429 72,357 37,140
Provision for income taxes 4,992 1,688 14,603 6,106
NET INCOME 20,762 8,741 57,754 31,034
OTHER COMPREHENSIVE INCOME        
Change in unrealized gains (losses) on securities, net of reclassifications and taxes 19,596 31,628 33,642 24,067
Change in funded status of post retirement benefits, net of taxes 3 73 8 220
COMPREHENSIVE INCOME $ 40,361 $ 40,442 $ 91,404 $ 55,321
PER SHARE DATA        
Basic Earnings per Share (in dollars per share) $ 1.75 $ 0.74 $ 4.87 $ 2.63
Diluted Earnings per Share (in dollars per share) $ 1.75 $ 0.74 $ 4.87 $ 2.63
Weighted average number of shares outstanding, basic (in shares) 11,851 11,808 11,848 11,809
Weighted average number of shares outstanding, diluted (in shares) 11,851 11,808 11,848 11,809