XML 14 R4.htm IDEA: XBRL DOCUMENT v3.26.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
INTEREST AND DIVIDEND INCOME    
Loans, including fees $ 115,294 $ 114,340
Investment Securities:    
Taxable 10,760 10,073
Tax-exempt 34 157
Dividends 245 278
Total Interest and Dividend Income 126,333 124,848
INTEREST EXPENSE    
Deposits 35,686 38,354
Borrowings, junior subordinated debt securities and other 2,211 3,171
Total Interest Expense 37,897 41,525
NET INTEREST INCOME 88,436 83,323
Provision for credit losses 1,327 (3,040)
Net Interest Income After Provision for Credit Losses 87,109 86,363
NONINTEREST INCOME    
Net loss on sale of securities 0 (2,295)
Other 1,794 1,490
Total Noninterest Income 13,642 10,429
NONINTEREST EXPENSE    
Salaries and employee benefits 31,356 29,853
Data processing and information technology 5,158 4,930
Occupancy 4,592 4,302
Furniture, equipment and software 3,492 3,483
Other taxes 2,063 1,494
Marketing 1,467 1,615
Professional services and legal 1,245 1,286
FDIC insurance 1,073 1,040
Other 6,261 7,088
Total Noninterest Expense 56,707 55,091
Income Before Taxes 44,044 41,701
Income tax expense 8,972 8,300
Net Income $ 35,072 $ 33,401
Earnings per share—basic (in dollars per share) $ 0.95 $ 0.87
Earnings per share—diluted (in dollars per share) 0.94 0.87
Dividends declared per share (in dollars per share) $ 0.36 $ 0.34
Comprehensive Income $ 29,303 $ 49,758
Debit and credit card    
NONINTEREST INCOME    
Revenues from contract with customers 4,283 4,188
Service charges on deposit accounts    
NONINTEREST INCOME    
Revenues from contract with customers 4,196 3,962
Investment services and trust    
NONINTEREST INCOME    
Revenues from contract with customers $ 3,369 $ 3,084