v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 33,030 $ 36,042
Interest bearing deposits in other banks 121,907 109,864
Marketable equity securities 10,145 8,392
Investment securities available for sale, at fair value 418,447 420,661
Investment securities held to maturity, at amortized cost 31,750 26,750
Investment in Federal Home Loan Bank stock 7,060 6,764
Loans held for sale 81,179 100,323
Loans 2,358,702 2,295,499
Allowance for credit losses, loans (24,812) (23,737)
Net loans 2,333,890 2,271,762
Purchased receivables, net 105,029 101,642
Other real estate owned, net 1,036 0
Premises and equipment, net 41,728 39,692
Operating lease right-of-use assets 11,749 5,911
Goodwill 49,874 49,874
Other intangible assets, net 950 950
Other assets 78,708 84,172
Total assets 3,354,908 3,290,273
Deposits:    
Demand 826,445 721,925
Interest-bearing demand 1,215,182 1,242,546
Savings 243,667 250,006
Money market 197,402 195,793
Certificates of deposit 391,050 402,759
Total deposits 2,873,746 2,813,029
Borrowings 81,652 81,729
Operating lease liabilities 11,857 5,941
Other liabilities 51,844 63,030
Total liabilities 3,019,099 2,963,729
SHAREHOLDERS' EQUITY    
Preferred stock, $1 par value, 2,500,000 shares authorized, none issued or outstanding 0 0
Common stock, $0.25 par value, 40,000,000 shares authorized, 22,244,766 and 22,111,637 issued and outstanding at March 31, 2026 and December 31, 2025, respectively 5,561 5,528
Additional paid-in capital 10,363 10,822
Retained earnings 319,660 309,575
Accumulated other comprehensive income, net of tax 225 619
Total shareholders' equity 335,809 326,544
Total liabilities and shareholders' equity 3,354,908 3,290,273
Mortgage servicing rights    
ASSETS    
Mortgage servicing rights, at fair value $ 28,426 $ 27,474