v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and due from financial institutions $ 61,743 $ 77,320
Investments in time deposits 4,125 1,165
Securities available-for-sale [1] 667,314 681,908
Equity securities 2,865 2,692
Loans held for sale 8,508 7,180
Loans, net of allowance for credit losses of $41,713 and $42,020 3,213,191 3,228,026
Other securities 28,957 25,942
Premises and equipment, net 37,417 40,611
Accrued interest receivable 14,849 14,436
Goodwill 130,438 130,438
Other intangible assets, net 11,579 13,100
Bank owned life insurance 63,942 63,153
Swap assets 2,352 3,494
Deferred taxes 16,049 16,501
Other assets 30,969 30,487
Total assets 4,294,298 4,336,453
Deposits    
Noninterest-bearing 695,142 702,032
Interest-bearing 2,763,101 2,764,432
Total deposits 3,458,243 3,466,464
Short-term Federal Home Loan Bank advances 123,500 175,000
Long-term Federal Home Loan Bank advances 561 855
Subordinated debentures 104,317 104,234
Other borrowings 3,121 4,090
Swap liabilities 6,584 5,748
Accrued expenses and other liabilities 31,187 36,588
Total liabilities 3,727,513 3,792,979
SHAREHOLDERS’ EQUITY    
Common shares, no par value, 40,000,000 shares authorized, 24,669,812 shares issued at June 30, 2026 and 24,607,544 shares issued at December 31, 2025, including Treasury shares 420,922 419,769
Retained earnings 261,615 239,784
Treasury shares, 3,875,574 common shares at June 30, 2026 and 3,861,070 common shares at December 31, 2025, at cost (76,082) (75,764)
Accumulated other comprehensive loss (39,670) (40,315)
Total shareholders’ equity 566,785 543,474
Total liabilities and shareholders’ equity $ 4,294,298 $ 4,336,453
[1] Excludes accrued interest receivable on securities of $4,288 and $4,371 at June 30, 2026 and December 31, 2025, respectively, that is recorded in Accrued interest receivable on the Consolidated Balance Sheets.