Financials

Income Statement

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2025 Q YTD2024 Y2023 Y2022 Y2021 Y
Interest Income
Interest and fees on loans60,917241,521212,693146,538136,676
Interest and dividends on investment securities
Taxable13,94554,13248,33534,44523,071
Tax-exempt7243,2813,8544,9115,027
Interest on deposits in depository institutions1,8027,4956,3823,794693
Total Interest Income77,388306,429271,264189,688165,467
Interest Expense
Interest on deposits16,85264,52937,2877,4449,405
Interest on short-term borrowings3,16915,50012,0272,211489
Interest on FHLB long-term advances1,5526,1632,70900
Total Interest Expense21,57386,19252,0239,6559,894
Net Interest Income55,815220,237219,241180,033155,573
Provision for credit losses01,8203,243474-3,165
Net Interest Income After Provision for Credit Losses55,815218,417215,998179,559158,738
Non-Interest Income
(Losses) gains on sale of investment securities, net0-2,825-4,9084312
Unrealized gains recognized on equity securities still held, net-5175432-1,585504
Service charges7,15129,22527,75128,33525,539
Bankcard revenue6,80728,50027,96027,34926,987
Trust and investment management fee income2,90211,2559,5638,7988,415
Bank owned life insurance1,1533,9926,0375,5593,895
Sale of VISA sharesN/AN/AN/A00
Other income7293,0123,7943,6173,989
Total Non-Interest Income18,73773,33470,62972,07769,641
Non-Interest Expense
Salaries and employee benefits19,19476,36373,16366,53661,850
Occupancy related expense2,5829,61511,31810,71810,083
Equipment and software related expense3,47013,17311,62911,79110,486
FDIC insurance expense7762,8922,9221,6731,583
Advertising8733,8213,1123,4053,091
Bankcard expenses2,2158,5097,4476,0326,455
Postage, delivery, and statement mailingsN/A2,7302,5262,3622,323
Office suppliesN/A1,8091,9451,7441,547
Legal and professional fees5822,1622,0352,1942,279
TelecommunicationsN/A2,3122,4112,6162,858
Repossessed asset losses, net of expenses-662462859-57
Merger related expensesN/A05,1502680
Other expenses5,74715,92619,83514,90414,687
Total Non-Interest Expense37,635147,235143,521124,302117,185
Income Before Income Taxes36,917144,516143,106127,334111,194
Income tax expense6,57527,41528,74125,26323,114
Net Income Available to Common Shareholders30,342117,101114,365102,07188,080
Average shares outstanding, basic14,61614,67614,86814,84715,381
Effect of dilutive securitiesN/A21232626
Average shares outstanding, diluted14,63114,69714,89114,87315,407
Basic earnings per common share2.067.917.626.815.67
Diluted earnings per common share2.067.897.616.805.66
Consolidated Statements of Comprehensive Income (Loss)
Net income available to common shareholders 30,342117,101114,365102,07188,080
Available-for-Sale Securities
Unrealized gains (losses) on available-for-sale securities arising during the period20,586-11,09221,442-192,359-24,857
Reclassification adjustment for net losses (gains)02,8254,908-4-312
Reclassification of unrealized gain on held-to-maturity securities to available-for-saleN/AN/AN/A00
Other comprehensive income (loss) related to available-for-sale securities20,586-8,26726,350-192,363-25,169
Other comprehensive income (loss) before income taxesN/A-6,76727,471-192,280-22,321
Tax effect-4,8181,587-6,52246,5325,348
Other comprehensive income (loss), net of tax15,768-5,18020,949-145,748-16,973
Defined Benefit Pension Plan
Net gain (loss) arising during periodN/A1,128777-6971,726
Reclassification adjustment for amortization of actuarial net gains in net periodic pension costN/A3723447801,122
Change in underfunded pension liabilityN/A1,5001,121832,848
Comprehensive Income (Loss), Net of Tax46,110111,921135,314-43,67771,107

Data shown on this page is for convenience only, extracted from SEC filings.
For access to the original filings, please click the headers to be taken directly to the filing at the SEC website.