Consolidated Condensed Statements of Income (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Interest Income
Loans	$ 88,942,000	$ 86,612,000	$ 265,099,000	$ 244,285,000
Investment securities:
Taxable	9,384,000	6,377,000	24,493,000	19,392,000
Non-taxable	594,000	566,000	1,753,000	1,809,000
Interest-bearing deposits	654,000	652,000	1,901,000	1,737,000
FHLB stock dividends	595,000	690,000	1,735,000	1,989,000
Total interest income	100,169,000	94,897,000	294,981,000	269,212,000
Interest Expense
Deposits	45,529,000	34,874,000	132,023,000	83,157,000
FHLB advances and other	3,307,000	4,597,000	10,505,000	18,150,000
Subordinated debentures	1,152,000	1,162,000	3,473,000	3,362,000
Total interest expense	49,988,000	40,633,000	146,001,000	104,669,000
Net interest income	50,181,000	54,264,000	148,980,000	164,543,000
Credit loss (benefit) expense - loans and leases	(475,000)	245,000	3,258,000	5,599,000
Credit loss (benefit) expense - unfunded commitments	185,000	(1,018,000)	(780,000)	(2,126,000)
Net interest income after credit loss expense (benefit)	50,471,000	55,037,000	146,502,000	161,070,000
Non-interest Income
Service fees and other charges	7,756,000	6,947,000	21,231,000	20,564,000
Insurance commissions	0	0	0	8,856,000
Mortgage banking income	1,194,000	3,274,000	5,591,000	5,940,000
Gain on sale of non-mortgage loans	0	0	67,000	71,000
Gain on sale insurance agency	0	0	0	36,296,000
Gain on sale of securities available for sale	0	0	0	27,000
Gain (loss) on equity securities	410,000	256,000	197,000	(1,118,000)
Wealth management income	1,878,000	1,509,000	5,433,000	4,531,000
Income from Bank Owned Life Insurance	1,245,000	1,050,000	4,149,000	3,482,000
Other non-interest income	91,000	217,000	480,000	412,000
Total non-interest income	12,574,000	13,253,000	37,148,000	79,061,000
Non-interest Expense
Compensation and benefits	21,794,000	21,813,000	66,541,000	71,646,000
Occupancy	3,462,000	3,145,000	10,261,000	10,039,000
FDIC insurance premium	1,200,000	1,346,000	3,470,000	4,420,000
Financial institutions tax	1,007,000	989,000	3,022,000	2,802,000
Data processing	5,055,000	4,010,000	14,792,000	11,513,000
Amortization of intangibles	904,000	1,078,000	2,840,000	3,571,000
Transaction costs	2,789,000	0	2,839,000	3,652,000
Other non-interest expense	5,704,000	5,671,000	16,259,000	17,695,000
Total non-interest expense	41,915,000	38,052,000	120,024,000	125,338,000
Income before income taxes	21,130,000	30,238,000	63,626,000	114,793,000
Income tax expense	4,465,000	5,551,000	12,996,000	23,566,000
Net income	$ 16,665,000	$ 24,687,000	$ 50,630,000	$ 91,227,000
Earnings per common share
Basic	$ 0.46	$ 0.69	$ 1.41	$ 2.55
Diluted	$ 0.46	$ 0.69	$ 1.41	$ 2.55

PREMIER FINANCIAL CORP 10-Q