v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 45,881 $ 58,318
Interest-bearing deposits in banks 676,119 494,121
Cash and cash equivalents 722,000 552,439
Securities available for sale 602,852 567,540
Loans held for sale ($15,471 and $7,796 at fair value at March 31, 2026 and December 31, 2025, respectively) 17,203 9,993
Loans held for investment 3,103,529 3,144,502
Allowance for credit losses on loans (44,822) (45,131)
Loans held for investment, net 3,058,707 3,099,371
Accrued interest receivable 17,009 20,931
Premises and equipment, net 51,585 51,563
Bank-owned life insurance 78,119 77,694
Goodwill 19,315 19,315
Intangible assets, net 1,012 1,133
Mortgage servicing rights 24,611 24,041
Deferred tax asset, net 20,244 20,433
Other assets 33,717 36,047
Total assets 4,646,374 4,480,500
Deposits:    
Noninterest-bearing 1,034,117 1,023,517
Interest-bearing 2,993,469 2,850,560
Total deposits 4,027,586 3,874,077
Accrued expenses and other liabilities 53,356 52,093
Subordinated debt 14,100 14,100
Junior subordinated deferrable interest debentures 46,393 46,393
Total liabilities 4,141,435 3,986,663
Stockholders’ equity:    
Common stock, $1.00 par value per share, 30,000,000 shares authorized; 16,342,219 and 16,293,577 issued and outstanding at March 31, 2026 and December 31, 2025, respectively 16,342 16,294
Additional paid-in capital 91,244 91,065
Retained earnings 445,971 434,197
Accumulated other comprehensive loss (48,618) (47,719)
Total stockholders’ equity 504,939 493,837
Total liabilities and stockholders’ equity $ 4,646,374 $ 4,480,500