v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 41,948 $ 36,042
Interest bearing deposits in other banks 130,265 109,864
Marketable equity securities 11,315 8,392
Investment securities available for sale, at fair value 411,644 420,661
Investment securities held to maturity, at amortized cost 31,750 26,750
Investment in Federal Home Loan Bank stock 7,187 6,764
Loans held for sale 83,272 100,323
Loans 2,386,328 2,295,499
Allowance for credit losses, loans (25,461) (23,737)
Net loans 2,360,867 2,271,762
Purchased receivables, net 122,792 101,642
Other real estate owned, net 1,224 0
Premises and equipment, net 41,486 39,692
Operating lease right-of-use assets 11,263 5,911
Goodwill 49,874 49,874
Other intangible assets, net 950 950
Other assets 81,074 84,172
Total assets 3,415,386 3,290,273
Deposits:    
Demand 826,271 721,925
Interest-bearing demand 1,281,777 1,242,546
Savings 246,617 250,006
Money market 194,665 195,793
Certificates of deposit 369,458 402,759
Total deposits 2,918,788 2,813,029
Borrowings 81,574 81,729
Operating lease liabilities 11,459 5,941
Other liabilities 55,951 63,030
Total liabilities 3,067,772 2,963,729
SHAREHOLDERS' EQUITY    
Preferred stock, $1 par value, 2,500,000 shares authorized, none issued or outstanding 0 0
Common stock, $0.25 par value, 40,000,000 shares authorized, 22,244,766 and 22,111,637 issued and outstanding at June 30, 2026 and December 31, 2025, respectively 5,561 5,528
Additional paid-in capital 10,757 10,822
Retained earnings 331,394 309,575
Accumulated other comprehensive (loss) income, net of tax (98) 619
Total shareholders' equity 347,614 326,544
Total liabilities and shareholders' equity 3,415,386 3,290,273
Mortgage servicing rights    
ASSETS    
Mortgage servicing rights, at fair value $ 28,475 $ 27,474