v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash and due from financial institutions $ 83,525 $ 77,320
Investments in time deposits 2,880 1,165
Securities available-for-sale [1] 679,737 681,908
Equity securities 2,725 2,692
Loans held for sale 6,940 7,180
Loans, net of allowance for credit losses of $40,536 and $42,020 3,189,131 3,228,026
Other securities 25,144 25,942
Premises and equipment, net 39,055 40,611
Accrued interest receivable 14,777 14,436
Goodwill 130,438 130,438
Other intangible assets, net 12,336 13,100
Bank owned life insurance 63,543 63,153
Swap assets 2,716 3,494
Deferred taxes 16,208 16,501
Other assets 29,167 30,487
Total assets 4,298,322 4,336,453
Deposits    
Noninterest-bearing 703,778 702,032
Interest-bearing 2,798,112 2,764,432
Total deposits 3,501,890 3,466,464
Short-term Federal Home Loan Bank advances 100,000 175,000
Long-term Federal Home Loan Bank advances 739 855
Subordinated debentures 104,276 104,234
Other borrowings 3,594 4,090
Swap liabilities 5,853 5,748
Accrued expenses and other liabilities 29,727 36,588
Total liabilities 3,746,079 3,792,979
SHAREHOLDERS’ EQUITY    
Common shares, no par value, 40,000,000 shares authorized, 24,658,922 shares issued at March 31,2026 and 24,607,544 shares issued at December 31, 2025, including Treasury shares 420,488 419,769
Retained earnings 251,041 239,784
Treasury shares, 3,875,574 common shares at March 31, 2026 and 3,861,070 common shares at December 31, 2025, at cost (76,082) (75,764)
Accumulated other comprehensive loss (43,204) (40,315)
Total shareholders’ equity 552,243 543,474
Total liabilities and shareholders’ equity $ 4,298,322 $ 4,336,453
[1] Excludes accrued interest receivable on securities of $3,815 and $4,371 at March 31, 2026 and December 31, 2025, respectively, that is recorded in Accrued interest receivable on the Consolidated Balance Sheets.