v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents $ 354,091 $ 219,972
Available-for-sale debt securities, at fair value (amortized cost of $897,223 in 2026 and $887,884 in 2025) 886,982 884,693
Held-to-maturity debt securities (fair value of $4,549 in 2026 and $4,929 in 2025) 4,546 4,944
Equity securities with a readily determinable fair value 588 945
Mortgage loans held for sale, at fair value 16,566 7,516
Consumer loans held for sale, at fair value 12,406 10,968
Loans 5,410,406 5,446,329
Allowance for credit losses (87,767) (85,352)
Loans, net 5,322,639 5,360,977
Federal Home Loan Bank stock, at cost 18,149 32,114
Premises and equipment, net 42,253 35,986
Right-of-use assets 29,042 31,330
Goodwill 40,516 40,516
Other real estate owned 843 1,277
Bank owned life insurance 112,216 110,721
Other assets and accrued interest receivable 191,967 201,236
TOTAL ASSETS 7,061,829 7,042,061
Deposits:    
Noninterest-bearing 1,248,704 1,173,461
Interest-bearing 4,303,038 4,029,686
Total deposits 5,551,742 5,203,147
Securities sold under agreements to repurchase and other short-term borrowings 68,615 88,504
Operating lease liabilities 30,077 32,370
Federal Home Loan Bank advances 157,000 506,000
Other liabilities and accrued interest payable 97,598 109,747
Total liabilities 5,905,032 5,939,768
Commitments and contingent liabilities (Footnote 8)
STOCKHOLDERS' EQUITY    
Preferred stock, no par value
Class A Common Stock, no par value, 30,000,000 shares authorized, 17,497,799 shares (2026) and 17,393,095 shares (2025) issued and outstanding; Class B Common Stock, no par value, 5,000,000 shares authorized, 2,136,742 shares (2026) and 2,148,269 shares (2025) issued and outstanding 4,609 4,601
Additional paid in capital 161,411 156,695
Retained earnings 998,978 945,399
Accumulated other comprehensive loss (8,201) (4,402)
Total stockholders' equity 1,156,797 1,102,293
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 7,061,829 7,042,061
Consumer    
ASSETS    
Loans held for sale, at the lower of cost or fair value 29,025 17,027
Other loans    
ASSETS    
Loans held for sale, at the lower of cost or fair value $ 0 $ 81,839