v3.25.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Cash, Cash Equivalents, and Federal Funds Sold [Abstract]    
Cash and due from banks $ 26,875 $ 28,750
Interest-earning deposits with banks 109,265 214,728
Securities purchased under agreements to resell 96,792 0
Cash and cash equivalents 232,932 243,478
Securities available for sale, fair value 537,856 544,565
Federal Home Loan Bank stock, at cost 15,190 15,129
Loans 3,008,888 3,004,860
Allowance for credit losses 30,515 30,432
Loans, net 2,978,373 2,974,428
Premises and equipment, net 109,212 109,985
Accrued interest receivable 13,366 12,825
Bank-owned life insurance 45,875 44,990
Deferred tax assets, net 27,722 33,202
Other assets 24,954 36,389
Total assets 3,985,480 4,014,991
Deposits:    
Noninterest-bearing demand 512,869 541,053
Interest-bearing demand 448,731 543,855
Savings and money market 1,799,392 1,643,891
Time 545,525 628,797
Total deposits 3,306,517 3,357,596
Subordinated notes, net 80,090 79,893
Federal Home Loan Bank advances 270,000 270,000
Long-term debt 38,986 42,736
Accrued expenses and other liabilities 34,754 36,891
Total liabilities 3,730,347 3,787,116
COMMITMENTS AND CONTINGENCIES (NOTE 8)
STOCKHOLDERS' EQUITY    
Preferred stock, $0.01 par value; authorized 50,000,000 shares; no shares issued and outstanding at September 30, 2025 and December 31, 2024 0 0
Common stock, no par value; authorized 50,000,000 shares; 16,940,785 and 16,832,632 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively 3,000 3,000
Additional paid-in capital 36,473 35,619
Retained earnings 291,069 278,613
Accumulated other comprehensive loss (75,409) (89,357)
Total stockholders' equity 255,133 227,875
Total liabilities and stockholders' equity $ 3,985,480 $ 4,014,991
Preferred stock, par value ($ per share) $ 0.01 $ 0.01
Preferred stock, shares authorized 50,000,000 50,000,000
Preferred stock, shares issued 0 0
Preferred stock, shares outstanding 0 0
Common Stock, No Par Value $ 0 $ 0
Common stock, shares authorized 50,000,000 50,000,000
Common stock, shares issued 16,940,785 16,832,632
Common stock, shares outstanding 16,940,785 16,832,632