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Consolidated Statements of 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 AND DIVIDEND INCOME        
Interest and Fees on Loans $ 46,832 $ 44,122 $ 136,982 $ 126,639
Interest on Deposits at Banks 2,245 2,103 5,488 6,735
Interest and Dividends on Investment Securities:        
Fully Taxable 4,066 2,656 11,464 8,851
Exempt from Federal Taxes 455 562 1,603 1,867
Total Interest and Dividend Income 53,598 49,443 155,537 144,092
INTEREST EXPENSE        
Interest-Bearing Checking Accounts 2,160 1,966 5,904 5,510
Savings Deposits 9,534 10,905 28,384 31,706
Time Deposits over $250,000 1,695 1,803 5,232 5,645
Other Time Deposits 5,859 4,934 17,181 15,091
Borrowings 0 1,177 167 3,439
Junior Subordinated Obligations Issued to Unconsolidated Subsidiary Trusts 173 173 513 514
Interest on Financing Leases 46 47 135 142
Total Interest Expense 19,467 21,005 57,516 62,047
NET INTEREST INCOME 34,131 28,438 98,021 82,045
Provision for Credit Losses 815 934 6,428 2,326
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSSES 33,316 27,504 91,593 79,719
NON-INTEREST INCOME        
Insurance Commissions 1,986 1,955 5,616 5,299
Net Gain on Securities 392 94 669 165
Net Gain on Sales of Loans 259 126 573 135
Other Operating Income 622 648 1,529 2,781
Total Non-Interest Income 8,716 8,133 24,164 23,847
NON-INTEREST EXPENSE        
Salaries and Employee Benefits 14,339 13,446 41,980 39,375
Occupancy Expenses, Net 1,907 1,754 5,881 5,299
Technology and Equipment Expense 4,963 4,692 15,639 14,246
FDIC Assessments 634 698 1,953 2,111
Other Operating Expense 3,590 3,510 11,677 10,399
Total Non-Interest Expense 25,433 24,100 77,130 71,430
INCOME BEFORE PROVISION FOR INCOME TAXES 16,599 11,537 38,627 32,136
Provision for Income Taxes 3,774 2,562 8,687 6,897
NET INCOME $ 12,825 $ 8,975 $ 29,940 $ 25,239
Average Shares Outstanding:        
Basic (in shares) 16,402 16,710 16,541 16,746
Diluted (in shares) 16,406 16,742 16,543 16,772
Per Common Share:        
Basic Earnings (in dollars per share) $ 0.77 $ 0.54 $ 1.80 $ 1.51
Diluted Earnings (in dollars per share) $ 0.77 $ 0.53 $ 1.80 $ 1.50
Income From Fiduciary Activities        
NON-INTEREST INCOME        
Revenue from contract with customer $ 2,600 $ 2,429 $ 7,533 $ 7,337
Fees for Other Services to Customers        
NON-INTEREST INCOME        
Revenue from contract with customer $ 2,857 $ 2,881 $ 8,244 $ 8,130