v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents $ 267,759 $ 258,972
Interest-bearing deposits in other financial institutions 100 100
Securities available for sale 17,395 17,496
Loans held for sale, at fair value 3,634 5,611
Loans and leases, net of allowance for credit losses of $18,641 and $17,678, respectively 1,761,262 1,738,854
FHLB and FRB stock 8,364 8,354
Premises and equipment, net 3,533 3,547
Operating lease right-of-use assets 5,859 5,680
Bank owned life insurance 28,294 28,049
Accrued interest receivable and other assets 49,576 50,658
Total assets 2,145,776 2,117,321
Deposits    
Noninterest bearing 240,645 285,523
Interest bearing 1,568,797 1,495,166
Total deposits 1,809,442 1,780,689
FHLB advances and other debt 100,973 100,964
Advances by borrowers for taxes and insurance 1,292 2,523
Operating lease liabilities 6,071 5,878
Accrued interest payable and other liabilities 23,995 27,802
Subordinated debentures 15,048 15,039
Total liabilities 1,956,821 1,932,895
Commitments and contingent liabilities
Stockholders' equity    
Series D preferred stock, $0.01 par value; 5,000 shares authorized; 2,000 shares issued at March 31, 2026 and December 31, 2025
Additional paid-in capital 93,983 93,618
Retained earnings 108,324 103,883
Accumulated other comprehensive loss (1,489) (1,371)
Treasury stock, at cost; 464,660 shares of voting common stock at March 31, 2026 and 459,113 shares of voting common stock at December 31, 2025 (11,933) (11,773)
Total stockholders' equity 188,955 184,426
Total liabilities and stockholders' equity 2,145,776 2,117,321
Voting Common Stock [Member]    
Stockholders' equity    
Common stock 69 68
Non-Voting Common Stock [Member]    
Stockholders' equity    
Common stock $ 1 $ 1