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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 85,441 $ 94,466
Federal funds sold and interest bearing due from banks 118,910 171,493
Total cash and cash equivalents 204,351 265,959
Mortgage loans held for sale, at fair value 6,438 6,056
Available for sale debt securities (amortized cost of $1,091,348 in 2024 and $1,154,153 in 2023, respectively) 961,628 1,031,179
Held to maturity debt securities (fair value of $347,886 in 2024 and $408,519 in 2023, respectively) 380,726 439,837
Federal Home Loan Bank stock, at cost 31,462 16,236
Loans 6,070,963 5,771,038
Allowance for credit losses on loans (82,155) (79,374)
Net loans 5,988,808 5,691,664
Premises and equipment, net 111,112 101,174
Premises held for sale 2,349 2,502
Bank owned life insurance 88,109 86,927
Accrued interest receivable 28,539 26,830
Goodwill 194,074 194,074
Other assets 299,528 287,360
Total assets 8,315,325 8,170,102
Liabilities    
Non-interest bearing 1,482,514 1,548,624
Interest bearing 5,086,724 5,122,124
Total deposits 6,569,238 6,670,748
Securities sold under agreements to repurchase 152,948 152,991
Federal funds purchased 10,029 12,852
Subordinated debentures 26,806 26,740
Federal Home Loan Bank advances 400,000 200,000
Accrued interest payable 2,155 2,094
Other liabilities 259,614 246,574
Total liabilities 7,420,790 7,311,999
Stockholders’ equity    
Preferred stock, no par value. Authorized 1,000,000 shares; no shares issued or outstanding 0 0
Common stock, no par value. Authorized 40,000,000 shares; issued and outstanding 29,388,000 and 29,329,000 shares in 2024 and 2023, respectively 58,797 58,602
Additional paid-in capital 390,454 385,955
Retained earnings 540,264 506,344
Accumulated other comprehensive loss (94,980) (92,798)
Total stockholders’ equity 894,535 858,103
Total liabilities and equity 8,315,325 8,170,102
Core Deposits [Member]    
Assets    
Intangible 10,601 11,944
Customer Lists [Member]    
Assets    
Intangible $ 7,600 $ 8,360