v3.26.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Assets    
Cash and due from financial institutions $ 116,691 $ 88,200
Interest-bearing deposits in other financial institutions 242,725 290,453
Investment securities:    
Debt securities available-for-sale, at fair value 806,230 748,212
Debt securities held-to-maturity, at amortized cost; fair value of: $434,634 as of September 30, 2026 and $495,845 as of December 31, 2025 535,182 562,391
Total investment securities 1,341,412 1,310,603
Loans held for sale 777 1,084
Loans 5,313,070 5,289,096
Allowance for credit losses 59,841 59,621
Loans, net of allowance for credit losses 5,253,229 5,229,475
Premises and equipment, net 100,305 100,620
Accrued interest receivable 25,176 23,559
Investment in unconsolidated entities 56,051 61,349
Other real estate owned 973 0
Mortgage servicing rights, net 8,212 8,672
Bank-owned life insurance 183,444 180,717
Federal Reserve Bank ("FRB") and Federal Home Loan Bank of Des Moines ("FHLB") stock 24,818 25,836
Right-of-use lease assets 22,296 24,822
Other assets 73,501 63,851
Total assets 7,449,610 7,409,241
Deposits:    
Noninterest-bearing demand 1,897,421 1,891,198
Interest-bearing demand 1,423,298 1,388,107
Savings and money market 2,398,449 2,346,522
Time 944,694 983,937
Total deposits 6,663,862 6,609,764
Long-term debt 76,547 76,547
Lease liabilities 23,045 25,549
Accrued interest payable 5,397 7,068
Other liabilities 99,322 97,732
Total liabilities 6,868,173 6,816,660
Contingent liabilities and other commitments (see Note 18)
Equity:    
Preferred stock, no par value, authorized 1,000,000 shares; issued and outstanding: none as of September 30, 2026 and December 31, 2025 0 0
Common stock, no par value, authorized 185,000,000 shares; issued and outstanding: 25,513,202 as of September 30, 2026 and 26,374,967 as of December 31, 2025 348,135 381,158
Additional paid-in capital 108,239 107,308
Retained earnings 232,878 191,383
Accumulated other comprehensive loss (107,815) (87,268)
Total equity 581,437 592,581
Total liabilities and equity $ 7,449,610 $ 7,409,241