v3.26.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents $ 248,596 $ 258,972
Interest-bearing deposits in other financial institutions 100 100
Securities available for sale 16,532 17,496
Loans held for sale, at fair value 2,431 5,611
Loans and leases, net of allowance for credit losses of $19,045 and $17,678, respectively 1,838,293 1,738,854
FHLB and FRB stock 8,389 8,354
Premises and equipment, net 3,260 3,547
Operating lease right-of-use assets 5,531 5,680
Bank owned life insurance 28,803 28,049
Accrued interest receivable and other assets 60,265 50,658
Total assets 2,212,200 2,117,321
Deposits    
Noninterest bearing 272,703 285,523
Interest bearing 1,584,481 1,495,166
Total deposits 1,857,184 1,780,689
FHLB advances and other debt 99,240 100,964
Advances by borrowers for taxes and insurance 1,472 2,523
Operating lease liabilities 5,766 5,878
Accrued interest payable and other liabilities 33,936 27,802
Subordinated debentures 15,068 15,039
Total liabilities 2,012,666 1,932,895
Commitments and contingent liabilities
Stockholders' equity    
Series D preferred stock, $0.01 par value; 5,000 shares authorized; shares issued: 0 at September 30, 2026 and 2,000 at December 31, 2025
Additional paid-in capital 94,945 93,618
Retained earnings 119,095 103,883
Accumulated other comprehensive loss (2,238) (1,371)
Treasury stock, at cost; 477,683 shares of voting common stock at September 30, 2026 and 459,113 shares of voting common stock at December 31, 2025 (12,340) (11,773)
Total stockholders' equity 199,534 184,426
Total liabilities and stockholders' equity 2,212,200 2,117,321
Voting Common Stock [Member]    
Stockholders' equity    
Common stock 72 68
Non-Voting Common Stock [Member]    
Stockholders' equity    
Common stock $ 0 $ 1