Quarterly report [Sections 13 or 15(d)]

CONSOLIDATED STATEMENTS OF INCOME

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CONSOLIDATED STATEMENTS OF INCOME - 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        
Loans, including Fees $ 40,279 $ 41,659 $ 121,629 $ 123,480
Investment Securities:        
Taxable 7,175 4,149 19,644 12,385
Tax Exempt 13 6 30 18
Funds Sold and Interest Bearing Deposits 3,964 3,514 11,369 9,031
Total Interest Income 51,431 49,328 152,672 144,914
INTEREST EXPENSE        
Deposits 7,265 8,223 22,053 24,396
Short-Term Borrowings 216 273 832 798
Subordinated Notes Payable 383 610 1,473 1,868
Other Long-Term Borrowings 10 11 26 17
Total Interest Expense 7,874 9,117 24,384 27,079
NET INTEREST INCOME 43,557 40,211 128,288 117,835
Provision for Credit Losses 1,881 1,206 3,269 3,330
Net Interest Income After Provision For Credit Losses 41,676 39,005 125,019 114,505
NONINTEREST INCOME        
Other 2,754 1,641 6,027 4,951
Total Noninterest Income 22,331 19,513 62,252 57,216
NONINTEREST EXPENSE        
Compensation 26,056 25,800 78,794 74,613
Occupancy, Net 7,037 7,098 20,901 21,089
Other 9,823 10,023 24,460 27,831
Total Noninterest Expense 42,916 42,921 124,155 123,533
INCOME BEFORE INCOME TAXES 21,091 15,597 63,116 48,188
Income Tax Expense 5,141 2,980 15,264 9,705
NET INCOME 15,950 12,617 47,852 38,483
Loss Attributable to Noncontrolling Interests 0 501 0 1,342
NET INCOME ATTRIBUTABLE TO COMMON SHAREOWNERS $ 15,950 $ 13,118 $ 47,852 $ 39,825
BASIC NET INCOME PER SHARE (in dollars per shares) $ 0.93 $ 0.77 $ 2.81 $ 2.35
DILUTED NET INCOME PER SHARE (in dollars per shares) $ 0.93 $ 0.77 $ 2.80 $ 2.35
Average Common Basic Shares Outstanding 17,068 16,943 17,050 16,942
Average Common Diluted Shares Outstanding 17,114 16,979 17,083 16,966
Deposit fees [Member]        
NONINTEREST INCOME        
Noninterest income $ 5,877 $ 5,512 $ 16,258 $ 16,139
Bank card fees [Member]        
NONINTEREST INCOME        
Noninterest income 3,733 3,624 11,021 11,010
Wealth Management fees [Member]        
NONINTEREST INCOME        
Noninterest income 5,173 4,770 16,142 13,891
Mortgage Banking Revenues [Member]        
NONINTEREST INCOME        
Noninterest income $ 4,794 $ 3,966 $ 12,804 $ 11,225