v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets:    
Cash and due from banks $ 254,368 $ 370,832
Federal funds sold 12,322 12,844
Cash and cash equivalents 266,690 383,676
Equity securities 18,481 18,646
Securities available for sale 26,183 47,179
Loans held for sale 1,350 9,741
Loans, less allowance for credit losses of $25,818 and $27,843, respectively 3,930,501 4,023,554
Accrued interest receivable 20,115 20,298
Federal Home Loan Bank stock 21,112 27,565
Premises and equipment, net 29,619 29,879
Operating lease right-of-use asset 14,040 15,193
Foreclosed real estate, net 1,300 208
SBA and USDA servicing asset 11,180 10,601
Mortgage servicing asset, net 1,308 1,660
Bank owned life insurance 77,066 75,786
Goodwill 56,048 56,048
Core deposit intangibles 11,991 12,627
Interest rate derivatives 4,791 6,343
Other assets 28,179 29,396
Total assets 4,519,954 4,768,400
Deposits:    
Non-interest-bearing demand 782,972 780,828
Interest-bearing 2,706,385 2,865,173
Total deposits 3,489,357 3,646,001
Federal Home Loan Bank advances 375,000 510,000
Operating lease liability 14,131 15,306
Accrued interest payable 7,537 10,731
Other liabilities 66,075 42,178
Total liabilities 3,952,100 4,224,216
Shareholders' Equity:    
Preferred stock, $0.01 par value, 10,000,000 shares authorized, no shares issued or outstanding
Common stock, $0.01 par value, 40,000,000 shares authorized, 28,781,229 and 28,817,967 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 288 1,159
Additional paid-in capital 136,123 138,675
Retained earnings 431,518 402,684
Accumulated other comprehensive (loss) income (75) 1,666
Total shareholders' equity 567,854 544,184
Total liabilities and shareholders' equity $ 4,519,954 $ 4,768,400