v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and due from financial institutions $ 96,678 $ 88,200
Interest-bearing deposits in other financial institutions 286,593 290,453
Investment securities:    
Debt securities available-for-sale, at fair value 835,378 748,212
Debt securities held-to-maturity, at amortized cost; fair value of: $474,928 as of June 30, 2026 and $495,845 as of December 31, 2025 545,215 562,391
Total investment securities 1,380,593 1,310,603
Loans held for sale 2,364 1,084
Loans 5,308,322 5,289,096
Allowance for credit losses 60,581 59,621
Loans, net of allowance for credit losses 5,247,741 5,229,475
Premises and equipment, net 100,231 100,620
Accrued interest receivable 23,419 23,559
Investment in unconsolidated entities 57,738 61,349
Other real estate owned 924 0
Mortgage servicing rights, net 8,364 8,672
Bank-owned life insurance 185,134 180,717
Federal Reserve Bank ("FRB") and Federal Home Loan Bank of Des Moines ("FHLB") stock 24,744 25,836
Right-of-use lease assets 23,311 24,822
Other assets 63,226 63,851
Total assets 7,501,060 7,409,241
Deposits:    
Noninterest-bearing demand 1,917,502 1,891,198
Interest-bearing demand 1,407,574 1,388,107
Savings and money market 2,376,831 2,346,522
Time 993,847 983,937
Total deposits 6,695,754 6,609,764
Long-term debt 76,547 76,547
Lease liabilities 24,063 25,549
Accrued interest payable 6,044 7,068
Other liabilities 102,321 97,732
Total liabilities 6,904,729 6,816,660
Contingent liabilities and other commitments (see Note 18)
Equity:    
Preferred stock, no par value, authorized 1,000,000 shares; issued and outstanding: none as of June 30, 2026 and December 31, 2025 0 0
Common stock, no par value, authorized 185,000,000 shares; issued and outstanding: 25,806,418 as of June 30, 2026 and 26,374,967 as of December 31, 2025 359,364 381,158
Additional paid-in capital 107,534 107,308
Retained earnings 217,789 191,383
Accumulated other comprehensive loss (88,356) (87,268)
Total equity 596,331 592,581
Total liabilities and equity $ 7,501,060 $ 7,409,241