v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
 [1]
Assets    
Cash and due from banks $ 7,385 $ 4,882
Interest-bearing deposits in other banks 814,381 581,748
Total cash and cash equivalents 821,766 586,630
Securities available for sale, at fair value 842,335 608,804
Securities held to maturity, at carrying value, net of allowance for credit losses of $91 and $128, respectively (fair value of $212,427 and $245,276, respectively) 224,223 256,510
Equity securities, at fair value 551 547
Restricted securities, at cost 3,759 3,383
Loans, net of allowance for credit losses of $3,714 and $4,096, respectively 270,571 270,663
Premises and equipment, net of accumulated depreciation of $8,055 and $7,755, respectively 16,391 13,229
Accrued interest receivable 8,628 7,108
Other assets 4,329 3,525
Total assets 2,192,553 1,750,399
Deposits:    
Noninterest-bearing 1,676,957 1,254,695
Savings, interest-bearing checking and money market accounts 317,033 309,352
Time, $250 and over 3,388 4,787
Other time 4,091 4,446
Total deposits 2,001,469 1,573,280
Accrued interest payable 54 32
Accrued expenses and other liabilities 7,384 7,868
Total liabilities 2,008,907 1,581,180
Commitments and contingencies
Stockholders’ equity    
Preferred stock: No par value, 100,000 shares authorized, no shares issued and outstanding 0 0
Additional paid-in capital 74,785 74,785
Retained earnings 114,462 97,878
Accumulated other comprehensive loss (5,666) (3,509)
Total stockholders’ equity 183,646 169,219
Total liabilities and stockholders’ equity 2,192,553 1,750,399
Class A Common Stock    
Stockholders’ equity    
Class A and B Common Stock 34 33
Class B Common Stock    
Stockholders’ equity    
Class A and B Common Stock $ 31 $ 32
[1] Derived from audited consolidated financial statements.