v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets:    
Cash and due from banks $ 77,063 $ 92,914
Cash at Federal Reserve and other banks 28,158 64,100
Cash and cash equivalents 105,221 157,014
Investment securities:    
Marketable equity securities 2,665 2,692
Available for sale debt securities, at fair value (amortized cost of $1,857,352 and $1,883,412) 1,695,669 1,731,931
Held to maturity debt securities, at amortized cost, net of allowance for credit losses of $0 80,789 90,544
Restricted equity securities 17,250 17,250
Loans held for sale 1,880 2,695
Loans 7,311,090 7,111,087
Allowance for credit losses (130,187) (125,762)
Total loans, net 7,180,903 6,985,325
Premises and equipment, net 69,356 69,724
Cash value of life insurance 137,465 137,253
Accrued interest receivable 33,510 33,652
Goodwill 304,442 304,442
Other intangible assets, net 3,611 4,471
Operating leases, right-of-use 23,647 25,505
Other assets 274,355 259,565
Total assets 9,930,763 9,822,063
Deposits:    
Noninterest-bearing demand 2,606,809 2,594,032
Interest-bearing 5,762,021 5,669,869
Total deposits 8,368,830 8,263,901
Accrued interest payable 7,149 8,795
Operating lease liability 25,300 27,278
Other liabilities 134,134 141,137
Other borrowings 10,519 11,713
Junior subordinated debt 41,238 41,238
Total liabilities 8,587,170 8,494,062
Commitments and contingencies (Note 9)
Shareholders’ equity:    
Preferred stock, no par value: 1,000,000 shares authorized, zero issued and outstanding at June 30, 2026 and December 31, 2025 0 0
Common stock, no par value: 50,000,000 shares authorized; 31,965,507 and 32,334,974 issued and outstanding at June 30, 2026 and December 31, 2025, respectively 674,014 682,362
Retained earnings 771,368 740,244
Accumulated other comprehensive loss, net of tax (101,789) (94,605)
Total shareholders’ equity 1,343,593 1,328,001
Total liabilities and shareholders’ equity $ 9,930,763 $ 9,822,063