v3.25.2
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets:    
Cash and due from banks $ 626,437 $ 601,494
Debt securities available for sale 3,226,449 3,395,810
Debt securities held to maturity, net of allowance for credit losses of $1 at June 30, 2025 and December 31, 2024 (Fair value of $817,719 at June 30, 2025 and $807,838 at December 31, 2024) 834,439 844,634
Loans 748,264 820,300
Allowance for credit losses on loans (13,787) (14,780)
Loans, net of allowance for credit losses on loans 734,477 805,520
Premises and equipment, net 25,850 26,133
Identifiable intangibles, net 19 125
Goodwill 121,673 121,673
Other assets 255,725 280,885
Total Assets 5,825,069 6,076,274
Liabilities:    
Noninterest-bearing deposits 2,175,841 2,333,389
Interest-bearing deposits 2,571,694 2,678,461
Total deposits 4,747,535 5,011,850
Securities sold under repurchase agreements 101,210 120,322
Other liabilities 54,541 54,145
Total Liabilities 4,903,286 5,186,317
Shareholders' Equity:    
Common stock (no par value), authorized: 150,000 shares issued and outstanding: 25,587 at June 30, 2025 and 26,708 at December 31, 2024 456,929 476,471
Deferred compensation 35 35
Accumulated other comprehensive loss (116,747) (168,104)
Retained earnings 581,566 581,555
Total Shareholders' Equity 921,783 889,957
Total Liabilities and Shareholders' Equity $ 5,825,069 $ 6,076,274