v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Cash and cash equivalents:    
Cash and due from banks $ 30,102 $ 27,821
Federal funds sold 259,049 183,473
Interest-bearing deposits with banks 72,483 58,289
Total cash and cash equivalents 361,634 269,583
Investment securities:    
Investment securities available for sale 144,388 127,730
Other investments 20,484 20,063
Total investment securities 164,872 147,793
Mortgage loans held for sale 8,594 11,569
Loans 4,030,255 3,845,124
Less allowance for credit losses (44,232) (42,280)
Loans, net 3,986,023 3,802,844
Bank owned life insurance 56,677 55,775
Property and equipment, net 88,006 83,465
Deferred income taxes, net 13,946 13,702
Other assets 20,419 18,763
Total assets 4,700,171 4,403,494
LIABILITIES    
Deposits 3,935,452 3,716,803
Federal Home Loan Bank advances and other borrowings 240,000 240,000
Subordinated debentures 13,403 24,903
Other liabilities 59,048 53,131
Total liabilities 4,247,903 4,034,837
SHAREHOLDERS’ EQUITY    
Preferred stock, par value $.01 per share, 10,000,000 shares authorized
Common stock, par value $.01 per share, 20,000,000 shares authorized, 9,468,467 and 8,213,328 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively. 95 82
Nonvested restricted stock (912) (1,338)
Additional paid-in capital 188,932 125,924
Accumulated other comprehensive loss (8,372) (7,454)
Retained earnings 272,525 251,443
Total shareholders’ equity 452,268 368,657
Total liabilities and shareholders’ equity $ 4,700,171 $ 4,403,494