v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 107,583 $ 71,414
Interest-bearing deposits in banks 35,112 64,214
Total cash & cash equivalents 142,695 135,628
Available-for-sale, net of zero allowance for credit losses 611,822 625,330
Held-to-maturity, net of allowance for credit losses of $14 and $15 282,880 290,811
Total investment securities 894,702 916,141
Loans, net:    
Gross loans 2,456,206 2,546,880
Deferred loan costs, net (146) (35)
Allowance for credit losses (23,600) (21,480)
Net loans 2,432,460 2,525,365
Foreclosed assets   1,565
Premises and equipment, net 14,053 14,974
Goodwill 27,357 27,357
Other intangible assets, net   52
Bank-owned life insurance 70,080 69,283
Other assets 139,264 138,914
Total assets 3,720,611 3,829,279
Deposits:    
Noninterest-bearing 1,026,320 995,623
Interest-bearing 1,904,671 1,880,813
Total deposits 2,930,991 2,876,436
Repurchase agreements 122,364 130,853
Other borrowings 155,000 302,700
Long-term debt 49,528 49,483
Subordinated debentures 36,106 36,017
Allowance for credit losses on unfunded loan commitments 570 710
Other liabilities 59,155 68,217
Total liabilities 3,353,714 3,464,416
Commitments and contingent liabilities (Note 7)
Shareholders' equity    
Common stock, no par value; 24,000,000 shares authorized; 12,963,397 and 13,273,788 shares issued and outstanding at June 30, 2026, and December 31, 2025, respectively 102,604 103,394
Additional paid-in capital 4,583 4,642
Retained earnings 283,908 280,001
Accumulated other comprehensive loss, net (24,198) (23,174)
Total shareholders' equity 366,897 364,863
Total liabilities and shareholders' equity $ 3,720,611 $ 3,829,279