v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 28,634 $ 24,423
Interest-bearing deposits with banks 103,616 97,846
Cash and cash equivalents 132,250 122,269
Interest-bearing time deposits with banks 245 0
Debt securities available-for-sale, at fair value 1,085,908 813,101
Debt securities held-to-maturity (fair value of $408,474 at 2026 and $426,799 at 2025) 443,042 458,746
Equity securities with readily determinable fair value 3,546 3,322
Equity securities with no readily determinable fair value 6,438 2,612
Restricted stock, at cost 6,000 4,979
Loans held for sale 3,857 1,263
Loans, before allowance for credit losses 4,752,418 3,456,209
Allowance for credit losses (60,564) (41,690)
Loans, net of allowance for credit losses 4,691,854 3,414,519
Bank owned life insurance 37,883 24,660
Bank premises and equipment, net 91,418 73,642
Bank premises held for sale 337 0
Foreclosed assets 766 1,126
Goodwill 81,949 59,820
Intangible assets, net 42,858 15,117
Mortgage servicing rights, at fair value 19,339 16,944
Investments in unconsolidated subsidiaries 1,614 1,614
Accrued interest receivable 35,082 23,779
Other assets 43,260 33,877
Total assets 6,727,646 5,071,390
Deposits:    
Noninterest-bearing 1,313,650 1,049,043
Interest-bearing 4,444,336 3,310,220
Total deposits 5,757,986 4,359,263
Federal Home Loan Bank advances 12,363 12,301
Subordinated notes 84,026 0
Junior subordinated debentures issued to capital trusts 52,939 52,909
Other liabilities 55,599 31,419
Total liabilities 5,962,913 4,455,892
COMMITMENTS AND CONTINGENCIES (Note 16)
Stockholders' Equity    
Preferred stock, $0.01 par value; 25,000,000 shares authorized; none issued or outstanding 0 0
Common stock, $0.01 par value; 125,000,000 shares authorized; shares issued of 38,451,113 at 2026 and 32,899,104 at 2025; shares outstanding of 36,365,612 at 2026 and 31,431,924 at 2025 385 329
Surplus 447,030 298,548
Retained earnings 390,528 367,163
Accumulated other comprehensive income (loss) (29,527) (23,018)
Treasury stock at cost, 2,085,501 shares at 2026 and 1,467,180 at 2025 (43,683) (27,524)
Total stockholders’ equity 764,733 615,498
Total liabilities and stockholders’ equity $ 6,727,646 $ 5,071,390