v3.26.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 48,690 $ 42,083
Interest-bearing deposits with banks 76,956 107,691
Cash and cash equivalents 125,646 149,774
Restricted investments in bank stocks 32,514 26,717
Securities available-for-sale (amortized cost of $985,444 and $972,138 at September 30, 2026 and December 31, 2025, respectively) 919,448 952,740
Loans held for sale, at fair value 3,924 6,090
Loans 4,208,373 4,020,693
Less: Allowance for credit losses (46,775) (47,681)
Net loans 4,161,598 3,973,012
Premises and equipment, net 49,948 51,029
Cash surrender value of life insurance 148,345 146,994
Goodwill 69,751 69,751
Other intangible assets, net 31,457 37,990
Accrued interest receivable 20,733 21,473
Deferred tax assets, net 43,126 33,931
Other assets 100,753 72,754
Total assets 5,707,243 5,542,255
Deposits:    
Noninterest-bearing 896,069 870,906
Interest-bearing 3,685,841 3,657,868
Total deposits 4,581,910 4,528,774
Securities sold under agreements to repurchase and federal funds purchased 0 24,542
FHLB advances and other borrowings 417,252 274,701
Subordinated notes and trust preferred debt 8,109 37,122
Other liabilities 94,772 85,581
Total liabilities 5,102,043 4,950,720
Commitments and contingencies
Shareholders’ Equity    
Preferred stock, $1.25 par value per share; 500,000 shares authorized; no shares issued or outstanding 0 0
Common stock, no par value—$0.05205 stated value per share; 50,000,000 shares authorized; 19,706,971 shares issued and 19,670,559 outstanding at September 30, 2026; 19,711,628 shares issued and 19,507,208 outstanding at December 31, 2025 1,026 1,026
Additional paid - in capital 422,956 424,596
Retained earnings 234,886 186,752
Accumulated other comprehensive loss (52,318) (15,201)
Treasury stock—36,412 and 204,420 shares, at cost at September 30, 2026 and December 31, 2025, respectively (1,350) (5,638)
Total shareholders’ equity 605,200 591,535
Total liabilities and shareholders’ equity $ 5,707,243 $ 5,542,255