v3.26.1
Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 59,552 $ 57,138
Interest-bearing deposits in other banks 39,622 51,613
Total cash and cash equivalents 99,174 108,751
Securities available for sale, at fair value (amortized cost of $959,631 and $958,142, respectively) 910,466 922,472
Securities held to maturity, at amortized cost (net of allowance for credit losses of $2) (fair value of $70,899 and $76,256, respectively) 79,298 84,708
Loans held for sale 2,502 3,365
Loans (net of allowance for credit losses of $47,497 and $47,386, respectively) 4,705,468 4,610,480
Company owned life insurance 182,013 176,394
Premises and equipment, net 38,058 39,894
Goodwill 58,121 58,121
Other intangible assets, net 2,028 2,222
Other assets 257,824 267,733
Total assets 6,334,952 6,274,140
Deposits:    
Noninterest-bearing demand 950,510 962,724
Interest-bearing demand 712,124 672,323
Savings and money market 1,964,402 1,884,801
Time deposits 1,672,429 1,686,500
Total deposits 5,299,465 5,206,348
Short-term borrowings 182,000 109,000
Long-term borrowings, net of issuance costs of $1,306 and $1,347, respectively 78,694 193,653
Other liabilities 131,352 136,285
Total liabilities 5,691,511 5,645,286
Shareholders’ equity:    
Total preferred equity 17,285 17,285
Common stock, $0.01 par value; 50,000,000 shares authorized; 20,699,556 shares issued 207 207
Additional paid-in capital 233,455 234,398
Retained earnings 465,996 437,139
Accumulated other comprehensive loss (43,349) (33,030)
Treasury stock, at cost; 993,196 and 902,149 shares, respectively (30,153) (27,145)
Total shareholders’ equity 643,441 628,854
Total liabilities and shareholders’ equity 6,334,952 6,274,140
Series A 3% Preferred Stock [Member]    
Shareholders’ equity:    
Total preferred equity 143 143
Series B-1 8.48% Preferred Stock [Member]    
Shareholders’ equity:    
Total preferred equity $ 17,142 $ 17,142