SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2026

Information reported internally for performance assessment by the CODM follows, including reconciliation to the financial statements.


	Three Months Ended March 31,
	2026		2025
INTEREST AND DIVIDEND INCOME:
Loans including fees
Interest and fees on loans	$	101,327	$	72,379
Investment Securities	10,711		10,000
Total interest and dividend income	112,038		82,379
Interest Expense:
Deposits	35,967		32,634
Borrowed funds and finance lease liabilities	2,748		1,314
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 and unrealized gains (losses) on securities	242		(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:
Salaries	16,944		13,726
Incentive	1,889		1,768
Benefits	6,150		5,070
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	807		985
Card processing and interchange expenses	1,507		1,160
Merger and integration costs	—		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	6,100		2,863
SEGMENT NET INCOME	$	27,036	$	11,481