v3.26.1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents $ 113,435 $ 145,554
Certificates of deposit 10,863 10,180
Investment securities – available-for-sale, at estimated fair value, net of allowance for credit losses of $0; amortized cost of $647,387 at June 30, 2026 and $639,532 at December 31, 2025 618,931 617,243
Loans, net of allowance for credit losses of $14,795 at June 30, 2026 and $14,519 at December 31, 2025 1,092,098 1,050,473
Loans held-for-sale 406 0
Stock in Federal Home Loan Bank and other equity securities, at cost 10,871 10,871
Premises and equipment, net 9,281 8,711
Other real estate owned 1,241 1,241
Intangible assets, net 3,834 4,332
Interest receivable and other assets 65,452 62,345
Total Assets 1,926,412 1,910,950
Deposits:    
Demand deposits 629,771 632,128
Interest-bearing transaction deposits 451,000 438,901
Savings and MMDAs 473,916 466,453
Time, $250,000 or less 83,999 88,031
Time, over $250,000 53,201 53,630
Total deposits 1,691,887 1,679,143
Interest payable and other liabilities 17,371 19,789
Total Liabilities 1,709,258 1,698,932
Commitments and contingencies (Note 7)
Stockholders' Equity:    
Common stock, no par value; 32,000,000 shares authorized; 16,395,303 shares issued and outstanding at June 30, 2026 and 16,406,281 shares issued and outstanding at December 31, 2025 133,981 134,566
Additional paid-in capital 977 977
Retained earnings 102,037 91,953
Accumulated other comprehensive loss, net (19,841) (15,478)
Total Stockholders’ Equity 217,154 212,018
Total Liabilities and Stockholders’ Equity $ 1,926,412 $ 1,910,950