v3.26.3
Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Cash and due from banks $ 92,672 $ 71,414
Interest-bearing deposits in banks 45,635 64,214
Total cash & cash equivalents 138,307 135,628
Investment securities    
Available-for-sale, net of zero allowance for credit losses 584,897 625,330
Held-to-maturity, net of allowance for credit losses of $14 and $15 277,577 290,811
Total investment securities 862,474 916,141
Loans, net:    
Gross loans 2,428,610 2,546,880
Deferred loan costs, net (99) (35)
Allowance for credit losses on loans (21,650) (21,480)
Net loans 2,406,861 2,525,365
Foreclosed assets 0 1,565
Premises and equipment, net 14,295 14,974
Goodwill 27,357 27,357
Other intangible assets, net 0 52
Bank-owned life insurance 70,494 69,283
Other assets 155,412 138,914
Total assets 3,675,200 3,829,279
Deposits:    
Noninterest-bearing 1,055,117 995,623
Interest-bearing 1,929,624 1,880,813
Total deposits 2,984,741 2,876,436
Repurchase agreements 113,088 130,853
Other borrowings 52,000 302,700
Long-term debt 49,551 49,483
Subordinated debentures 36,151 36,017
Allowance for credit losses on unfunded loan commitments 580 710
Other liabilities 77,343 68,217
Total liabilities 3,313,454 3,464,416
Commitments and contingent liabilities (Note 7)
Shareholders' equity    
Common stock, no par value; 24,000,000 shares authorized; 12,966,397 and 13,273,788 shares issued and outstanding at September 30, 2026 and December 31, 2025, respectively 102,707 103,394
Additional paid-in capital 5,090 4,642
Retained earnings 295,689 280,001
Accumulated other comprehensive loss, net (41,740) (23,174)
Total shareholders' equity 361,746 364,863
Total liabilities and shareholders' equity $ 3,675,200 $ 3,829,279