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Consolidated Statements of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
INTEREST AND DIVIDEND INCOME    
Interest and Fees on Loans $ 44,550 $ 40,376
Interest on Deposits at Banks 1,621 2,447
Interest and Dividends on Investment Securities:    
Fully Taxable 3,608 3,186
Exempt from Federal Taxes 587 668
Total Interest and Dividend Income 50,366 46,677
INTEREST EXPENSE    
Interest-Bearing Checking Accounts 1,803 1,641
Savings Deposits 9,483 10,230
Time Deposits over $250,000 1,811 1,973
Other Time Deposits 5,529 5,083
Borrowings 167 1,076
Junior Subordinated Obligations Issued to Unconsolidated Subsidiary Trusts 169 171
Interest on Financing Leases 47 48
Total Interest Expense 19,009 20,222
NET INTEREST INCOME 31,357 26,455
Provision for Credit Losses on Loans 5,019 617
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 26,338 25,838
NON-INTEREST INCOME    
Insurance Commissions 1,826 1,682
Net Gain on Securities 317 17
Net Gain on Sales of Loans 101 4
Other Operating Income 460 1,155
Total Non-Interest Income 7,839 7,858
NON-INTEREST EXPENSE    
Salaries and Employee Benefits 13,555 12,893
Occupancy Expenses, Net 2,022 1,771
Technology and Equipment Expense 5,087 4,820
FDIC Assessments 670 715
Other Operating Expense 4,711 3,813
Total Non-Interest Expense 26,045 24,012
INCOME BEFORE PROVISION FOR INCOME TAXES 8,132 9,684
Provision for Income Taxes 1,822 2,024
NET INCOME $ 6,310 $ 7,660
Average Shares Outstanding:    
Basic (in shares) 16,665 16,865
Diluted (in shares) 16,673 16,867
Per Common Share:    
Basic Earnings (in dollars per share) $ 0.38 $ 0.45
Diluted Earnings (in dollars per share) $ 0.38 $ 0.45
Income From Fiduciary Activities    
NON-INTEREST INCOME    
Revenue from contract with customer $ 2,535 $ 2,457
Fees for Other Services to Customers    
NON-INTEREST INCOME    
Revenue from contract with customer $ 2,600 $ 2,543