v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 64,419 $ 55,345
Interest-bearing deposits 334,219 187,862
Cash and cash equivalents 398,638 243,207
Securities held to maturity, at amortized cost ($117,590 and $105,146 fair value at March 31, 2026 and December 31, 2025, respectively) 117,929 103,726
Securities available for sale, at fair value ($496,205 and $171,796 amortized cost at March 31, 2026 and December 31, 2025, respectively) 483,235 164,422
Loans held for sale 9,751 6,243
Loans 4,515,626 3,604,651
Allowance for credit losses - loans ("ACL-Loans") (57,067) (44,374)
Loans, net 4,458,559 3,560,277
Premises and equipment, net 93,140 79,217
Goodwill 246,370 175,106
Other investments 30,674 23,613
Cash value of life insurance 97,275 61,085
Core deposit intangibles, net 45,538 16,200
Mortgage servicing rights ("MSR") 17,484 13,650
Other real estate owned ("OREO") 3,190  
Investment in Ansay and Associates, LLC ("Ansay") 35,728 35,444
Other assets 31,502 23,905
TOTAL ASSETS 6,069,013 4,506,095
Deposits:    
Interest-bearing deposits 3,589,919 2,692,711
Noninterest-bearing deposits 1,496,897 1,003,076
Total deposits 5,086,816 3,695,787
Notes payable 99,992 109,966
Subordinated notes 16,603 12,000
Junior subordinated debenture 8,250  
Other liabilities 37,499 44,506
Total liabilities 5,249,160 3,862,259
Stockholders' equity:    
Serial preferred stock - $0.01 par value; Authorized - 5,000,000 shares
Common stock - $0.01 par value; Authorized - 20,000,000 shares; Issued - 12,898,070 and 11,515,130 shares as of March 31, 2026 and December 31, 2025, respectively; Outstanding - 11,222,442 and 9,834,623 shares as of March 31, 2026 and December 31, 2025, respectively 129 115
Additional paid-in capital 500,627 333,836
Retained earnings 431,374 416,997
Treasury stock, at cost - 1,680,507 and 1,503,042 shares as of December 31, 2025 and December 31, 2024, respectively (102,832) (102,088)
Accumulated other comprehensive loss (9,445) (5,024)
Total stockholders' equity 819,853 643,836
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 6,069,013 $ 4,506,095