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Condensed Consolidated Statements of Income and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest income:    
Interest and fees on loans, including loans held for sale $ 64,716 $ 51,947
Interest and dividends on securities    
Taxable 6,730 6,758
Tax exempt 659 682
Interest and dividends on Federal Reserve Bank and Federal Home Loan Bank stock 209 174
Interest on Federal Reserve Bank deposits 2,591 1,350
Other, including interest on federal funds sold 97 84
Total interest income 75,002 60,995
Interest expense:    
Interest on deposits 27,676 14,391
Interest on repurchase agreements and federal funds purchased 2,575 1,616
Interest on advances from Federal Home Loan Bank 0 43
Interest on long-term debt 1,160 1,029
Total interest expense 31,411 17,079
Net interest income 43,591 43,916
Provision for credit losses 2,656 1,116
Net interest income after provision for credit losses 40,935 42,800
Noninterest income:    
Deposit related fees 7,011 7,287
Gains on sales of loans, net 45 121
Trust and wealth management income 3,517 3,079
Loan related fees 1,352 845
Bank owned life insurance 1,292 858
Brokerage revenue 490 348
Securities gains 371 218
Other noninterest income 1,056 926
Total noninterest income 15,134 13,682
Noninterest expense:    
Officer salaries and employee benefits 4,241 4,152
Other salaries and employee benefits 15,881 14,756
Occupancy, net 2,378 2,302
Equipment 650 726
Data processing 2,518 2,303
Bank franchise tax 424 419
Legal fees 218 268
Professional fees 614 548
Advertising and marketing 577 820
FDIC insurance 642 606
Repossession expense 226 231
Other noninterest expense 3,851 4,759
Total noninterest expense 32,220 31,890
Income before income taxes 23,849 24,592
Income taxes 5,170 5,279
Net income 18,679 19,313
Unrealized holding gains (losses) on debt securities available-for-sale:    
Unrealized holding gains (losses) arising during the period (4,725) 24,716
Less: Reclassification adjustments for realized gains included in net income 0 4
Tax expense (benefit) (1,179) 7,997
Other comprehensive gain (loss), net of tax (3,546) 16,715
Comprehensive income $ 15,133 $ 36,028
Basic earnings per share (in dollars per share) $ 1.04 $ 1.08
Diluted earnings per share (in dollars per share) $ 1.04 $ 1.08
Weighted average shares outstanding-basic (in shares) 17,926 17,872
Weighted average shares outstanding-diluted (in shares) 17,943 17,884