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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
INTEREST AND DIVIDEND INCOME:    
Interest and fees on loans receivable $ 101,327 $ 72,379
Securities:    
Taxable 10,147 9,745
Tax-exempt 148 156
Dividends 416 99
Total interest and dividend income 112,038 82,379
INTEREST EXPENSE:    
Deposits 35,967 32,634
Borrowed funds and finance lease liabilities 1,702 236
Subordinated notes and debentures 1,046 1,078
Total interest expense 38,715 33,948
NET INTEREST INCOME 73,323 48,431
PROVISION FOR CREDIT LOSS EXPENSE 998 1,556
NET INTEREST INCOME AFTER PROVISION FOR CREDIT LOSS EXPENSE 72,325 46,875
NON-INTEREST INCOME:    
Service charges on deposit accounts 2,034 1,714
Other service charges and fees 422 510
Wealth and asset management fees 2,357 1,796
Net realized gains on available-for-sale securities (includes $331 and $0 accumulated other comprehensive income reclassifications for net realized gains on available-for-sale securities, respectively) 331 0
Net realized and unrealized gains on equity securities (89) (249)
Mortgage banking 341 96
Bank owned life insurance 986 760
Card processing and interchange income 2,586 2,107
Other non-interest income 1,030 1,773
Total non-interest income 9,998 8,507
NON-INTEREST EXPENSES:    
Compensation and benefits 24,983 20,564
Net occupancy expense 5,449 4,038
Amortization of core deposit intangible 1,005 17
Technology expense 7,181 5,378
State and local taxes 821 1,292
Legal, professional, and examination fees 772 849
Advertising 788 514
FDIC insurance premiums 807 985
Card processing and interchange expenses 1,507 1,160
Merger and integration costs 0 1,529
Other non-interest expenses 5,874 4,712
Total non-interest expenses 49,187 41,038
INCOME BEFORE INCOME TAXES 33,136 14,344
INCOME TAX EXPENSE (includes $70 and $0 income tax expense from reclassification items, respectively) 6,100 2,863
NET INCOME 27,036 11,481
PREFERRED STOCK DIVIDENDS 1,075 1,075
NET INCOME AVAILABLE TO COMMON SHAREHOLDERS $ 25,961 $ 10,406
AVERAGE COMMON SHARES OUTSTANDING, Basic (in share) 29,317,224 20,866,970
AVERAGE COMMON SHARES OUTSTANDING, Diluted (in shares) 29,439,453 20,925,388
PER COMMON SHARE DATA:    
Basic Earnings Per Common Share (in dollars per share) $ 0.88 $ 0.50
Diluted Earnings Per Common Share (in dollars per share) 0.88 0.50
Cash Dividends Declared (in dollars per share) $ 0.19 $ 0.180