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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
INTEREST AND DIVIDEND INCOME        
Loans, including fees $ 117,696 $ 119,564 $ 232,036 $ 238,141
Investment Securities:        
Taxable 10,846 8,761 20,919 17,356
Tax-exempt 35 168 192 361
Dividends 329 272 607 661
Total Interest and Dividend Income 128,906 128,765 253,754 256,519
INTEREST EXPENSE        
Deposits 39,056 39,629 77,410 76,291
Borrowings, junior subordinated debt securities and other 3,278 5,542 6,449 13,157
Total Interest Expense 42,334 45,171 83,859 89,448
NET INTEREST INCOME 86,572 83,594 169,895 167,071
Provision for credit losses 1,974 422 (1,066) 3,049
Net Interest Income After Provision for Credit Losses 84,598 83,172 170,961 164,022
NONINTEREST INCOME        
Net (loss) gain on sale of securities 0 (3,150) (2,295) (3,147)
Other 1,780 4,658 3,270 6,380
Total Noninterest Income 13,500 13,305 23,929 26,135
NONINTEREST EXPENSE        
Salaries and employee benefits 32,907 30,388 62,760 59,900
Data processing and information technology 4,847 4,215 9,777 9,169
Occupancy 4,024 3,649 8,326 7,519
Furniture, equipment and software 3,352 3,382 6,835 6,854
Other taxes 2,088 1,433 3,582 3,304
Marketing 1,490 1,404 3,105 3,347
Professional services and legal 1,739 1,403 3,025 3,123
FDIC insurance 1,062 1,053 2,102 2,102
Other 6,605 6,681 13,693 12,810
Total Noninterest Expense 58,114 53,608 113,205 108,128
Income Before Taxes 39,984 42,869 81,685 82,029
Income tax expense 8,084 8,498 16,384 16,419
Net Income $ 31,900 $ 34,371 $ 65,301 $ 65,610
Earnings per share—basic (in dollars per share) $ 0.83 $ 0.90 $ 1.71 $ 1.72
Earnings per share—diluted (in dollars per share) 0.83 0.89 1.69 1.70
Dividends declared per common share (in dollars per share) $ 0.34 $ 0.33 $ 0.68 $ 0.66
Comprehensive Income $ 40,133 $ 38,134 $ 89,891 $ 62,576
Debit and credit card        
NONINTEREST INCOME        
Revenues from contract with customers 4,588 4,713 8,776 8,948
Service charges on deposit accounts        
NONINTEREST INCOME        
Revenues from contract with customers 4,090 4,089 8,052 7,917
Wealth management        
NONINTEREST INCOME        
Revenues from contract with customers $ 3,042 $ 2,995 $ 6,126 $ 6,037