v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 92,632 $ 60,622
Interest-bearing deposits with banks 186,009 84,242
Total cash and cash equivalents 278,641 144,864
Securities available-for-sale, amortized cost $948,141 and $955,203 respectively 932,778 951,154
Securities held-to-maturity, fair value $568,644 and $592,736, respectively 696,464 718,641
Allowance for credit losses - securities held-to-maturity (450) (450)
Total investment securities 1,628,792 1,669,345
Non-marketable securities 15,549 15,549
Loans and leases held for investment, net of unearned income 3,703,857 3,648,945
Allowance for credit losses - loans and leases (77,253) (76,375)
Loans held for investment, net 3,626,604 3,572,570
Bank-owned life insurance 77,914 76,614
Premises and equipment, net 67,270 55,847
Deferred income tax assets and income taxes receivevable 27,521 38,775
Accrued interest receivable 28,807 29,996
Goodwill 11,183 11,183
Other intangibles 922 1,165
Other real estate owned 1,015 0
Other assets 71,241 74,202
Total Assets 5,835,459 5,690,110
Deposits:    
Non-interest bearing 1,596,642 1,642,119
Interest-bearing:    
Demand 893,360 802,352
Savings and money market 1,859,920 1,790,274
Certificates of deposit 743,041 743,081
Total interest-bearing 3,496,321 3,335,707
Total deposits 5,092,963 4,977,826
Subordinated debentures 10,310 10,310
Interest payable and other liabilities 53,169 56,460
Total Liabilities 5,156,442 5,044,596
COMMITMENTS AND CONTINGENCIES (Note 12)
SHAREHOLDERS’ EQUITY    
Preferred shares, no par value, 1,000,000 shares authorized and none issued or outstanding 0 0
Common shares, $0.01 par value, 7,500,000 authorized, 722,840 and 728,560 issued and 691,944 and 697,904 outstanding at June 30, 2026 and December 31, 2025, respectively 7 7
Additional paid-in capital 11,856 11,550
Retained earnings 710,694 669,262
Accumulated other comprehensive loss, net of taxes (11,468) (3,512)
Treasury stock, at cost; 30,896 shares at June 30, 2026 and 30,656 shares at December 31, 2025 (32,072) (31,793)
TOTAL SHAREHOLDERS’ EQUITY 679,017 645,514
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY $ 5,835,459 $ 5,690,110