v3.26.1
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 55,168 $ 46,695
Interest-bearing balances with other financial institutions 15,367 29,178
Federal funds sold 16,111 23,045
Total Cash and cash equivalents 86,646 98,918
Investment securities:    
HTM, at amortized cost (fair value $346,306 and $321,702, respectively) 372,866 347,285
AFS, at fair value (amortized cost $513,616 and $426,512, respectively) 499,773 416,314
Equity securities, at fair value 5,387 5,446
Loans held-for-sale, at fair value 16,595 3,668
Loans, net of unearned income 5,617,169 4,862,838
Less: ACL - Loans (41,640) (36,091)
Net loans 5,575,529 4,826,747
Premises and equipment, net 49,236 48,742
Operating lease right-of-use asset 15,872 15,169
Finance lease right-of-use asset 2,278 2,368
Cash surrender value of life insurance 117,515 95,351
Restricted investment in bank stocks 15,720 7,576
Accrued interest receivable 33,391 29,640
Deferred income taxes 23,227 21,416
Goodwill 157,121 136,620
Core deposit and other intangibles, net 31,173 14,657
Foreclosed assets held-for-sale 8,390 7,806
Other assets 52,191 56,173
Total Assets 7,062,910 6,133,896
Deposits:    
Noninterest-bearing demand 973,371 834,013
Interest-bearing transaction accounts 3,299,576 2,829,175
Time 1,680,350 1,551,475
Total Deposits 5,953,297 5,214,663
Short-term borrowings 137,500 20,833
Long-term debt 2,902 23,139
Operating lease liability 16,275 15,405
Accrued interest payable 12,175 10,942
Other liabilities 38,854 34,856
Total Liabilities 6,161,003 5,319,838
Shareholders' Equity:    
Common stock, par value $1.00 per share; 40,000,000 shares authorized at June 30, 2026 and December 31, 2025; 25,923,997 issued at June 30, 2026 and 23,567,094 at December 31, 2025; 25,320,686 outstanding at June 30, 2026 and 23,047,203 at December 31, 2025 25,924 23,567
Additional paid-in capital 661,903 589,421
Retained earnings 238,224 219,685
Accumulated other comprehensive loss (9,142) (6,323)
Treasury stock, at cost; 603,311 shares at June 30, 2026 and 519,891 at December 31, 2025 (15,002) (12,292)
Total Shareholders’ Equity 901,907 814,058
Total Liabilities and Shareholders' Equity $ 7,062,910 $ 6,133,896