v3.26.1
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 33,327 $ 25,685
Interest-bearing deposits in other banks 162,069 187,707
Total Cash and Cash Equivalents 195,396 213,392
Securities available-for-sale, at fair value (amortized cost of $662,512 and $690,485, respectively) 617,016 647,310
Securities held-to-maturity, at amortized cost (fair value of $99,157 and $104,371, respectively) 118,356 122,619
Equity securities, at fair value 3,000 3,031
Nonmarketable equity securities 2,442 2,407
Loans held for sale 2,512 3,148
Loans held for investment 2,263,980 2,248,669
Allowance for credit losses (24,771) (23,399)
Loans held for investment, net 2,239,209 2,225,270
Premises and equipment, net 60,136 59,270
Accrued interest receivable 10,317 11,131
Bank-owned life insurance 31,724 31,267
Intangible assets 1,546 1,546
Right-of-use assets 1,326 1,487
Other assets 28,345 29,032
Total Assets 3,311,325 3,350,910
LIABILITIES    
Noninterest-bearing deposits 910,457 913,868
Interest-bearing deposits 1,994,610 2,049,544
Total Deposits 2,905,067 2,963,412
Accrued interest payable 6,349 6,128
Lease liabilities 1,383 1,544
Accrued expenses and other liabilities 13,975 14,676
Total Liabilities 2,926,774 2,985,760
COMMITMENTS AND CONTINGENCIES 0 0
STOCKHOLDERS’ EQUITY    
Preferred stock, no par value: Authorized - $1,000,000 shares; None Issued and Outstanding 0 0
Common stock, no par value: Authorized - $30,000,000 shares; Issued and Outstanding - $6,584,696 and $6,576,609 shares, respectively 27,591 27,543
Additional paid-in capital 3,473 3,217
Retained earnings 398,175 377,731
Accumulated other comprehensive income (loss) (44,688) (43,341)
Total Stockholders’ Equity 384,551 365,150
Total Liabilities and Stockholders’ Equity $ 3,311,325 $ 3,350,910