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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Interest income:        
Loans, including fees $ 103,009 $ 90,018 $ 202,609 $ 175,858
Federal funds sold and interest bearing due from banks 2,730 2,157 4,731 4,253
Mortgage loans held for sale 78 74 155 105
Federal Home Loan Bank stock 662 470 1,194 938
Investment securities:        
Taxable 8,052 7,125 16,547 14,782
Tax-exempt 469 460 930 913
Total interest income 115,000 100,304 226,166 196,849
Interest expense:        
Deposits 37,511 31,623 72,092 63,489
Securities sold under agreements to repurchase 625 771 1,439 1,702
Federal funds purchased and other short-term borrowings 72 139 142 275
Federal Home Loan Bank advances 2,908 5,263 7,649 8,260
Subordinated debentures 411 486 819 1,031
Total interest expense 41,527 38,282 82,141 74,757
Net interest income 73,473 62,022 144,025 122,092
Provision for credit losses 2,175 1,300 3,075 2,725
Net interest income after provision expense 71,298 60,722 140,950 119,367
Non-interest income:        
Mortgage banking income [1] 1,094 1,017 2,011 1,965
Bank owned life insurance [1] 629 595 1,251 1,183
Gain on sale of premises and equipment [1] 74 20 74 20
Total non-interest income 24,348 23,655 47,344 46,926
Non-interest expenses:        
Compensation 27,279 24,634 53,211 48,855
Employee benefits 5,330 5,086 11,115 10,962
Net occupancy and equipment 4,025 3,819 8,148 7,489
Technology and communication 4,773 4,894 9,601 9,963
Debit and credit card processing 1,908 1,811 3,727 3,557
Marketing and business development 1,951 1,596 3,466 2,671
Postage, printing and supplies 937 913 1,906 1,839
Legal and professional 1,088 1,185 1,995 2,300
FDIC insurance 1,260 1,161 2,483 2,273
Capital and deposit based taxes 738 673 1,438 1,303
Intangible amortization 915 1,051 1,829 2,103
Other 2,496 2,286 4,808 4,755
Total non-interest expenses 52,700 49,109 103,727 98,070
Income before income tax expense 42,946 35,268 84,567 68,223
Income tax expense 8,922 7,670 17,272 14,738
Net income $ 34,024 $ 27,598 $ 67,295 $ 53,485
Net income per share - basic (in dollars per share) $ 1.16 $ 0.94 $ 2.29 $ 1.83
Net income per share - diluted (in dollars per share) $ 1.15 $ 0.94 $ 2.28 $ 1.82
Weighted average outstanding shares        
Basic (in shares) 29,364 29,283 29,356 29,267
Diluted (in shares) 29,505 29,383 29,503 29,372
Fiduciary and Trust [Member]        
Non-interest income:        
Non-interest income $ 10,483 $ 10,795 $ 21,130 $ 21,566
Deposit Account [Member]        
Non-interest income:        
Non-interest income 2,069 2,180 4,148 4,316
Credit and Debit Card [Member]        
Non-interest income:        
Non-interest income 4,837 4,923 9,345 9,605
Treasury Management [Member]        
Non-interest income:        
Non-interest income 3,005 2,825 5,678 5,450
Investment Advisory, Management and Administrative Service [Member]        
Non-interest income:        
Non-interest income 980 800 1,990 1,665
Product and Service, Other [Member]        
Non-interest income:        
Non-interest income $ 1,177 $ 500 $ 1,717 $ 1,156
[1] Outside of the scope of ASC 606.