v3.25.2
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 27,590 $ 26,045
Interest-bearing deposits in banks and federal funds sold 84,555 204,989
Cash and cash equivalents 112,145 231,034
Investment securities available-for-sale, at fair value (amortized cost $409,912 and $409,380, respectively) 373,572 366,049
Investment securities held-to-maturity, at amortized cost (fair value $369,103 and $383,020, respectively) 409,634 430,077
Other investments 17,927 17,694
Loans held for sale 22,163 39,786
Loans, net of unearned income 1,993,580 1,842,980
Allowance for credit losses (19,153) (18,980)
Loans, net 1,974,427 1,824,000
Premises and equipment 35,909 37,831
Other real estate owned 710 202
Goodwill 50,871 48,923
Other intangible assets 3,799 2,975
Bank-owned life insurance 58,811 57,970
Deferred income taxes, net 19,401 21,891
Other assets 36,248 31,350
Total assets 3,115,617 3,109,782
Deposits    
Noninterest-bearing 434,785 462,283
Interest-bearing 2,121,445 2,105,660
Total deposits 2,556,230 2,567,943
Federal Home Loan Bank advances 185,000 185,000
Other borrowings 63,086 63,039
Other liabilities 17,444 15,125
Total liabilities 2,821,760 2,831,107
Stockholders' equity:    
Preferred stock, stated value $1,000 per share; 10,000,000 shares authorized, none issued or outstanding as of June 30, 2025 and December 31, 2024, respectively 0 0
Common stock, par value $1.00 per share; 50,000,000 shares authorized, 17,416,702 and 17,519,884 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 17,417 17,520
Paid in capital 167,160 168,353
Retained earnings 150,938 140,369
Accumulated other comprehensive loss, net of tax (41,658) (47,567)
Total stockholders' equity 293,857 278,675
Total liabilities and stockholders' equity $ 3,115,617 $ 3,109,782