v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 58,319 $ 42,083
Interest-bearing deposits with banks 86,522 107,691
Cash and cash equivalents 144,841 149,774
Restricted investments in bank stocks 27,429 26,717
Securities available-for-sale (amortized cost of $973,712 and $972,138 at June 30, 2026 and December 31, 2025, respectively) 949,281 952,740
Loans held for sale, at fair value 3,639 6,090
Loans 4,113,031 4,020,693
Less: Allowance for credit losses (46,632) (47,681)
Net loans 4,066,399 3,973,012
Premises and equipment, net 50,166 51,029
Cash surrender value of life insurance 147,787 146,994
Goodwill 69,751 69,751
Other intangible assets, net 33,572 37,990
Accrued interest receivable 19,789 21,473
Deferred tax assets, net 32,693 33,931
Other assets 66,804 72,754
Total assets 5,612,151 5,542,255
Deposits:    
Noninterest-bearing 920,851 870,906
Interest-bearing 3,699,172 3,657,868
Total deposits 4,620,023 4,528,774
Securities sold under agreements to repurchase and federal funds purchased 7,594 24,542
FHLB advances and other borrowings 274,768 274,701
Subordinated notes and trust preferred debt 8,049 37,122
Other liabilities 80,067 85,581
Total liabilities 4,990,501 4,950,720
Commitments and contingencies
Shareholders’ Equity    
Preferred stock, $1.25 par value per share; 500,000 shares authorized; no shares issued or outstanding 0 0
Common stock, no par value—$0.05205 stated value per share; 50,000,000 shares authorized; 19,710,341 shares issued and 19,669,802 outstanding at June 30, 2026; 19,711,628 shares issued and 19,507,208 outstanding at December 31, 2025 1,026 1,026
Additional paid - in capital 421,960 424,596
Retained earnings 217,969 186,752
Accumulated other comprehensive loss (17,826) (15,201)
Treasury stock—40,539 and 204,420 shares, at cost at June 30, 2026 and December 31, 2025, respectively (1,479) (5,638)
Total shareholders’ equity 621,650 591,535
Total liabilities and shareholders’ equity $ 5,612,151 $ 5,542,255