v3.25.4
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents $ 141,605 $ 98,548
Investment securities available for sale, at fair value (amortized cost $414,884 and $443,804, respectively) 391,448 402,792
Investment securities held to maturity (fair values of $1,066 and $1,065, respectively) 1,065 1,065
Mortgage loans held for sale 1,558 832
Loans, net of unearned income 2,744,023 2,718,185
Allowance for loan losses (33,142) (32,916)
Total loans, net of unearned income and allowance for loan losses 2,710,881 2,685,269
Office properties and equipment, net 48,995 42,324
Cash surrender value of bank-owned life insurance 49,557 48,421
Goodwill and core deposit intangibles 83,957 85,044
Accrued interest receivable and other assets 63,560 79,373
Total Assets 3,492,626 3,443,668
Deposits:    
Noninterest-bearing 792,951 733,073
Interest-bearing 2,179,855 2,047,623
Total deposits 2,972,806 2,780,696
Other borrowings 0 5,539
Subordinated debt, net of unamortized issuance cost 54,675 54,459
Short-term Federal Home Loan Bank advances 0 137,220
Long-term Federal Home Loan Bank advances 3,024 38,326
Accrued interest payable and other liabilities 27,027 31,340
Total Liabilities 3,057,532 3,047,580
Shareholders’ Equity    
Preferred stock, $0.01 par value - 10,000,000 shares authorized; none issued 0 0
Common stock, $0.01 par value - 40,000,000 shares authorized; 7,831,342 and 8,091,522 shares issued and outstanding, respectively 78 81
Additional paid-in capital 168,963 168,138
Unallocated common stock held by:    
Employee Stock Ownership Plan (ESOP) (982) (1,339)
Retained earnings 284,834 259,190
Accumulated other comprehensive loss (17,799) (29,982)
Total Shareholders’ Equity 435,094 396,088
Total Liabilities and Shareholders’ Equity $ 3,492,626 $ 3,443,668