v3.26.1
CONSOLIDATED STATEMENTS OF CONDITION (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 27,995 $ 20,611
Interest-bearing deposits with banks 53,840 45,037
Total Cash and Cash Equivalents 81,835 65,648
Equity securities with readily determinable fair values 938 949
Investment securities available for sale, at estimated fair value 466,216 466,894
Investment securities held to maturity, at amortized cost (fair value $56,576, $57,537) 62,620 63,288
Loans held for sale 33,528 28,170
Total loans, net of unearned income 2,398,104 2,330,514
Allowance for credit losses (24,006) (23,672)
Loans, net 2,374,098 2,306,842
Premises and equipment, net 27,982 30,648
Right of use asset 3,920 4,155
Restricted investment in bank stocks 14,290 14,237
Investment in bank-owned life insurance 106,423 105,840
Investments in low-income housing partnerships 689 751
Goodwill 64,449 64,449
Intangible assets, net 20,351 22,435
Assets held for sale 2,346 275
Other assets 59,178 53,545
Total assets 3,318,863 3,228,126
Deposits:    
Noninterest-bearing 600,711 553,855
Interest-bearing 1,934,965 1,896,330
Total deposits 2,535,676 2,450,185
Short-term borrowings 108,259 64,740
Long-term borrowings 214,884 255,376
Lease liability 4,218 4,451
Allowance for unfunded commitments 1,711 1,831
Other liabilities 30,836 31,569
Total Liabilities 2,895,584 2,808,152
Stockholders’ Equity:    
Preferred stock, $2.50 par value, 20,000,000 shares authorized; no shares outstanding at June 30, 2026 and December 31, 2025 0 0
Common stock, $2.50 par value, 40,000,000 and 20,000,000 shares authorized; 11,079,210 and 11,028,152 shares issued; 10,169,930 and 10,372,251 shares outstanding at June 30, 2026 and December 31, 2025, respectively 27,692 27,564
Treasury stock, at cost, 909,280 and 655,901 shares at June 30, 2026 and December 31, 2025, respectively (35,114) (22,367)
Additional paid-in capital 181,107 179,658
Retained earnings 272,965 257,293
Accumulated other comprehensive loss (23,371) (22,174)
Total Stockholders’ Equity 423,279 419,974
Total Liabilities and Stockholders’ Equity $ 3,318,863 $ 3,228,126
Common stock, shares authorized (in shares) 40,000,000 20,000,000