v3.26.3
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 69,245 $ 81,080
Interest earning deposits 316,002 302,906
Federal funds sold 51,138 5,800
Total cash and cash equivalents 436,385 389,786
Securities AFS, at estimated fair value (amortized cost of $1,716,763 and $1,456,986, respectively) 1,623,499 1,456,219
Securities HTM (estimated fair value of $961,398 and $1,103,304, respectively) 1,207,495 1,247,477
FHLB stock, at cost 43,659 14,062
Equity investments 9,337 9,574
Loans held for sale 969 1,332
Loans:    
Loans 4,958,689 4,817,991
Less: Allowance for loan losses (46,858) (45,100)
Net loans 4,911,831 4,772,891
Premises and equipment, net 156,377 152,293
Operating lease ROU assets 11,852 12,398
Goodwill 201,116 201,116
Other intangible assets, net 650 1,012
Interest receivable 37,424 41,809
Deferred tax asset, net 42,048 27,059
BOLI 147,206 145,125
Other assets 35,210 42,437
Total assets 8,865,058 8,514,590
Deposits:    
Noninterest bearing 1,403,933 1,433,129
Interest bearing 4,609,854 5,432,030
Total deposits 6,013,787 6,865,159
Other borrowings 894,605 208,657
FHLB borrowings 800,750 211,136
Subordinated notes, net of unamortized debt issuance costs [1] 147,635 239,678
Trust preferred subordinated debentures, net of unamortized debt issuance costs 60,283 60,279
Unsettled trades to purchase securities 0 0
Operating lease liabilities 13,786 14,335
Other liabilities 91,328 67,731
Total liabilities 8,022,174 7,666,975
Off-balance-sheet arrangements, commitments and contingencies (Note 12)
Shareholders’ equity:    
Preferred stock: (no par value, 8,000,000 shares authorized, none issued or outstanding) 0 0
Common stock:  ($1.25 par value, 80,000,000 shares authorized, 38,131,170 shares issued at September 30, 2026 and 38,110,078 shares issued at December 31, 2025) 47,664 47,638
Paid-in capital 798,553 795,759
Retained earnings 397,610 352,193
Treasury stock: (shares at cost, 8,314,016 at September 30, 2026 and 8,387,077 at December 31, 2025) (251,096) (252,358)
AOCI (149,847) (95,617)
Total shareholders’ equity 842,884 847,615
Total liabilities and shareholders’ equity $ 8,865,058 $ 8,514,590
[1] This debt consists of subordinated notes with a remaining maturity greater than one year that qualify under the risk-based capital guidelines as Tier 2 capital, subject to certain limitations.