v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets:    
Cash and due from banks $ 91,572 $ 62,851
Interest bearing deposits 267,083 300,833
Cash and cash equivalents 358,655 363,684
Certificates of deposit in other banks 245 245
Debt securities available-for-sale at fair value (amortized cost of $1,178,719 and $1,206,938, respectively) 1,088,205 1,120,719
Equity securities at fair value 3,666 4,154
Loans held for sale 73 211
Loans 4,990,821 4,894,942
Allowance for credit losses (61,321) (60,169)
Net loans 4,929,500 4,834,773
Premises and equipment, net 53,114 52,611
Operating right-of-use assets 11,146 11,543
Finance right-of-use assets 3,853 3,890
Federal Home Loan Bank stock 5,200 5,200
Federal Reserve Bank stock 4,887 4,887
Goodwill 65,490 65,490
Bank owned life insurance 123,482 123,274
Mortgage servicing rights 6,728 6,751
Other real estate owned 3,348 3,066
Deferred tax asset 20,980 20,856
Accrued interest receivable 25,591 25,957
Other assets 37,005 36,827
Total assets 6,741,168 6,684,138
Deposits:    
Noninterest bearing 1,262,835 1,263,243
Interest bearing 4,171,385 4,125,815
Total deposits 5,434,220 5,389,058
Repurchase agreements 298,721 308,799
Federal funds purchased 500 500
Advances from Federal Home Loan Bank 288 293
Long-term debt 63,724 63,784
Operating lease liabilities 11,505 11,924
Finance lease liabilities 4,490 4,493
Accrued interest payable 11,567 8,535
Other liabilities 44,908 40,680
Total liabilities 5,869,923 5,828,066
Shareholders’ equity:    
Preferred stock, 300,000 shares authorized and unissued 0 0
Common stock, $5.00 par value, shares authorized 25,000,000; shares issued and outstanding 2026 – 18,155,771; 2025 – 18,115,847 90,781 90,581
Capital surplus 236,998 236,423
Retained earnings 611,510 593,888
Accumulated other comprehensive loss, net of tax (68,044) (64,820)
Total shareholders’ equity 871,245 856,072
Total liabilities and shareholders’ equity $ 6,741,168 $ 6,684,138