v3.26.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Cash and due from banks:    
Non-interest-bearing $ 65,466 $ 57,224
Interest-bearing 238,311 197,620
Federal funds sold 76 76
Cash and cash equivalents 303,853 254,920
Certificates of deposit 4,570 1,740
Investment securities:    
Available-for-sale, at fair value (amortized cost of $1,423,969 and $1,215,813 at June 30, 2026 and December 31, 2025, respectively) 1,280,108 1,076,883
Held-to-maturity, at amortized cost (estimated fair value of $2,265 and $2,288 at June 30, 2026 and December 31, 2025, respectively) 2,265 2,288
Equity securities, at fair value 3,620 4,588
Less: loans held for sale 6,724 5,203
Loans 6,927,618 6,006,171
Less allowance for credit losses (86,989) (74,875)
Net loans 6,840,629 5,931,296
Interest receivable 43,276 39,949
Other real estate owned 5,803 2,857
Premises and equipment, net 101,879 90,782
Goodwill, net 203,604 203,391
Intangible assets, net 69,852 49,625
Bank owned life insurance 187,134 174,915
Right of use lease assets 12,640 12,674
Current tax assets 7,181 714
Deferred tax assets 60,820 45,453
Other assets 76,009 69,380
Total assets 9,209,967 7,966,658
Deposits:    
Non-interest-bearing 1,486,592 1,392,534
Interest-bearing 6,084,952 5,002,739
Total deposits 7,571,544 6,395,273
Repurchase agreements with customers 196,991 196,716
Other borrowings 209,567 270,000
Subordinated debt, net 32,705 60,008
Junior subordinated debentures, net 34,077 24,454
Lease liabilities 13,195 13,210
Current tax liabilities 4,387 0
Other liabilities 45,757 48,305
Total liabilities 8,108,223 7,007,966
Commitments and contingent liabilities (Note 12)
Stockholders’ equity:    
Common stock ($4 par value; authorized 45,000,000 shares; issued 27,314,752 and 24,671,969 shares in June 30, 2026 and December 31, 2025, respectively; outstanding 26,594,524 and 23,986,299 shares in June 30, 2026 and December 31, 2025, respectively) 111,259 100,688
Additional paid-in capital 615,232 516,984
Retained earnings 505,052 463,543
Deferred compensation 691 2,654
Accumulated other comprehensive loss (104,824) (101,301)
Treasury stock, at cost (720,228 and 685,670 shares in June 30, 2026 and December 31, 2025, respectively) (25,666) (23,876)
Balance 1,101,744 958,692
Total liabilities and stockholders’ equity $ 9,209,967 $ 7,966,658