XML 25 R4.htm IDEA: XBRL DOCUMENT v3.25.4
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Interest and dividend income      
Loans and leases, including fees $ 195,469 $ 183,578 $ 160,755
Taxable securities 14,966 12,639 11,718
Tax-exempt securities 9,333 9,473 9,282
Federal funds sold and other 1,217 1,005 979
Total interest and dividend income 220,985 206,695 182,734
Interest expense      
Deposits 64,194 65,801 33,755
Federal Home Loan Bank advances 13,014 18,493 14,559
Subordinated debentures 4,636 4,931 4,849
Securities sold under agreements to repurchase and other 558 760 4,075
Total interest expense 82,402 89,985 57,238
Net interest income 138,583 116,710 125,496
Provision for credit losses 3,377 5,364 4,435
Net interest income after provision for credit losses 135,206 111,346 121,061
Noninterest Income      
Service charges 6,461 6,114 7,206
Net gain on sale of securities 0 33 0
Net gain (loss) on equity securities 271 252 (21)
Net gain on sale of loans and leases 4,489 4,438 2,908
ATM/Interchange fees 5,902 5,841 5,880
Wealth management fees 5,540 5,519 4,767
Lease revenue & residual income 5,874 8,911 7,595
Bank owned life insurance 1,835 2,205 1,112
Tax refund processing fees 0 0 2,375
Swap fees 275 232 673
Other 3,320 4,203 4,668
Total noninterest income 33,967 37,748 37,163
Noninterest expense      
Compensation expense 58,741 61,821 58,291
Net occupancy expense 5,929 5,097 5,395
Equipment expense 8,105 9,553 11,085
Contracted data processing 2,333 2,248 2,242
FDIC Assessment 2,682 2,631 1,637
State franchise tax 2,039 2,052 2,026
Professional services 6,580 5,779 4,952
Amortization of core deposit intangibles 1,564 1,484 1,579
ATM/Interchange expense 2,729 2,544 2,420
Marketing expense 1,386 2,088 1,352
Software maintenance expenses 5,462 4,944 4,167
Other operating expenses 16,388 12,279 12,465
Total noninterest expense 113,938 112,520 107,611
Income before income taxes 55,235 36,574 50,613
Income taxes 9,023 4,891 7,649
Net income 46,212 31,683 42,964
Net income available to common shareholders $ 46,212 $ 31,683 $ 42,964
Earnings per common share, basic $ 2.64 $ 2.01 $ 2.73
Earnings per common share, diluted $ 2.64 $ 2.01 $ 2.73