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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest income:    
Interest and fees on loans $ 75,636 $ 59,749
Interest on mortgage loans held for sale 255 152
Taxable interest on debt securities 7,096 7,194
Dividends on Federal Home Loan Bank stock 1,073 597
Other interest income 1,196 1,070
Total interest and dividend income 85,256 68,762
Interest expense:    
Deposits 38,047 19,589
Federal Home Loan Bank advances 15,138 11,626
Junior subordinated debentures 406 354
Total interest expense 53,591 31,569
Net interest income [1] 31,665 37,193
Provision for credit losses 700 800
Net interest income after provision for credit losses 30,965 36,393
Noninterest income:    
Wealth management revenues [1] 9,338 8,663
Mortgage banking revenues [1] 2,506 1,245
Card interchange fees [1] 1,145 1,132
Service charges on deposit accounts [1] 685 777
Loan related derivative income [1] 284 (51)
Income from bank-owned life insurance [1] 739 1,165
Other income [1] 2,466 352
Total noninterest income [1] 17,163 13,283
Noninterest expense:    
Salaries and employee benefits 21,775 21,784
Outsourced services 3,780 3,496
Net occupancy 2,561 2,437
Equipment 1,020 1,028
Legal, audit and professional fees 706 896
FDIC deposit insurance costs 1,441 872
Advertising and promotion 548 408
Amortization of intangibles 208 212
Other expenses 2,324 2,431
Total noninterest expense 34,363 33,564
Income (loss) before income taxes 13,765 16,112
Income tax expense 2,829 3,300
Net income 10,936 12,812
Net income available to common shareholders $ 10,924 $ 12,783
Weighted average common shares outstanding - basic 17,033 17,074
Weighted average common shares outstanding - diluted 17,074 17,170
Per share information:    
Basic earnings per common share $ 0.64 $ 0.75
Diluted earnings per common share $ 0.64 $ 0.74
[1] As reported in the Unaudited Consolidated Statements of Income.