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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - 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 income:        
Interest and fees on loans $ 68,785 $ 75,989 $ 202,786 $ 227,865
Interest on mortgage loans held for sale 542 366 1,942 1,013
Taxable interest on debt securities 9,372 6,795 27,429 20,835
Nontaxable interest on debt securities 7 0 22 0
Dividends on Federal Home Loan Bank stock 764 1,262 2,578 3,459
Other interest income 1,475 3,174 4,497 5,667
Total interest and dividend income 80,945 87,586 239,254 258,839
Interest expense:        
Deposits 31,223 37,203 93,835 111,963
Federal Home Loan Bank advances 10,542 17,717 31,939 50,151
Junior subordinated debentures 347 404 1,040 1,213
Total interest expense 42,112 55,324 126,814 163,327
Net interest income [1] 38,833 32,262 112,440 95,512
Provision for credit losses 6,800 200 8,600 1,400
Net interest income after provision for credit losses 32,033 32,062 103,840 94,112
Noninterest income:        
Wealth management revenues [1] 10,373 9,989 30,384 29,005
Mortgage banking revenues [1] 3,501 2,866 8,839 8,133
Card interchange fees [1] 1,163 1,321 3,919 3,741
Service charges on deposit accounts [1] 841 784 2,393 2,238
Loan related derivative income [1] 271 126 1,048 459
Income from bank-owned life insurance [1] 868 770 2,463 2,262
Gain on sale of bank-owned properties, net [1] 0 0 6,994 988
Other income [1] 619 416 1,317 3,269
Total noninterest income [1] 17,636 16,272 57,357 50,095
Noninterest expense:        
Salaries and employee benefits 22,674 21,350 68,121 64,385
Outsourced services 4,120 4,185 12,870 12,061
Net occupancy 2,691 2,399 8,094 7,357
Equipment 917 924 2,738 2,902
Legal, audit and professional fees 719 836 2,195 2,283
FDIC deposit insurance costs 1,055 1,402 3,552 4,247
Advertising and promotion 763 857 1,890 2,066
Amortization of intangibles 200 206 607 622
Pension plan settlement charge 0 0 6,436 0
Other expenses 2,587 2,345 7,949 6,854
Total noninterest expense 35,726 34,504 114,452 102,777
Income before income taxes 13,943 13,830 46,745 41,430
Income tax expense 3,097 2,849 10,475 8,698
Net income 10,846 10,981 36,270 32,732
Net income available to common shareholders $ 10,846 $ 10,973 $ 36,270 $ 32,732
Weighted average common shares outstanding - basic 19,128 17,058 19,229 17,048
Weighted average common shares outstanding - diluted 19,243 17,140 19,329 17,115
Per share information:        
Basic earnings per common share $ 0.57 $ 0.64 $ 1.89 $ 1.92
Diluted earnings per common share $ 0.56 $ 0.64 $ 1.88 $ 1.91
[1] As reported in the Unaudited Consolidated Statements of Income.