v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents $ 42,111 $ 42,114
Investment securities available for sale at fair value (amortized cost June 30, 2026 $1,022,607; December 31, 2025 $957,295) 1,012,232 955,584
Stock of Federal Home Loan Bank 30,745 32,063
Loans held for sale 8,606 8,047
Loans, net of allowance for credit losses June 30, 2026 $54,921; December 31, 2025 $58,204 3,594,354 3,506,819
Property and equipment, net 36,780 36,040
Tax credit real estate 7,527 8,241
Accrued interest receivable 23,862 23,404
Deferred income taxes, net 20,606 18,467
Goodwill 2,500 2,500
Other assets 17,131 14,591
Total Assets 4,796,454 4,647,870
Liabilities    
Noninterest-bearing deposits 627,802 596,230
Interest-bearing deposits 2,889,675 2,771,605
Total deposits 3,517,477 3,367,835
Other short-term borrowings, including FHLB daily reset advances 297,277 586,882
Federal Home Loan Bank borrowings 323,833 64,333
Accrued interest payable 3,715 3,453
Allowance for credit losses on off-balance sheet credit exposures 5,230 4,501
Other liabilities 19,594 18,157
Total Liabilities 4,167,126 4,045,161
Redeemable Common Stock Held by Employee Stock Ownership Plan (ESOP) 60,429 54,475
STOCKHOLDERS' EQUITY    
Common stock, no par value; authorized 40,000,000 shares; issued June 30, 2026 20,677,074 shares; December 31, 2025 20,679,906 shares 0 0
Paid in capital 65,701 65,183
Retained earnings 666,218 629,068
Accumulated other comprehensive loss (7,909) (1,304)
Treasury stock at cost (June 30, 2026 3,205,977 shares; December 31, 2025 3,113,780 shares) (94,682) (90,238)
Total Stockholders' Equity 629,328 602,709
Less maximum cash obligation related to ESOP shares 60,429 54,475
Total Stockholders' Equity Less Maximum Cash Obligation Related to ESOP Shares 568,899 548,234
Total Liabilities & Stockholders' Equity $ 4,796,454 $ 4,647,870