v3.26.1
Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Estimated Fair Values of Financial Instruments
The following tables present estimated fair values of the Company’s financial instruments and the level within the fair value hierarchy in which the fair value measurements fall.
June 30, 2026
Carrying
Amount
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Assets
Cash and due from banks$72,378 $72,378 $— $— 
Interest- bearing deposits in banks145,571 145,571 — — 
Cash and cash equivalents217,949 217,949 — — 
Loans held for sale5,147 — 5,147 — 
Loans, net4,907,199 — — 4,792,136 
Stock in FHLB7,418 — 7,418 — 
Interest receivable30,377 — 30,377 — 
Liabilities
Non-interest bearing deposits$1,100,355 $1,100,355 $— $— 
Interest bearing deposits4,299,869 3,195,553 1,100,694 — 
Borrowings222,985 — 223,026 — 
Subordinated notes98,318 — 101,398 — 
Junior subordinated debentures issued to capital trusts57,789 — 53,501 — 
Interest payable10,862 — 10,862 — 
December 31, 2025
Carrying
Amount
Quoted Prices in
Active Markets
for Identical
Assets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Assets
Cash and due from banks$66,813 $66,813 $— $— 
Interest- bearing deposits in banks72,646 72,646 — — 
Cash and cash equivalents139,459 139,459 — — 
Loans held for sale9,778 — 9,778 — 
Loans, net4,825,243 — — 4,695,231 
Stock in FHLB45,713 — 45,713 — 
Interest receivable29,733 — 29,733 — 
Liabilities
Non-interest bearing deposits$1,078,708 $1,078,708 $— $— 
Interest bearing deposits4,196,709 3,094,231 1,100,237 — 
Borrowings248,586 — 248,580 — 
Subordinated notes98,215 — 98,835 — 
Junior subordinated debentures issued to capital trusts57,688 — 51,468 — 
Interest payable12,892 — 12,892 —