XML 14 R2.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 84,357 $ 78,925
Federal funds sold and interest bearing due from banks 671,932 212,095
Total cash and cash equivalents 756,289 291,020
Mortgage loans held for sale, at fair value 6,045 6,286
Available for sale debt securities (amortized cost of $825,358 in 2025 and $1,114,961 in 2024, respectively) 737,520 990,114
Held to maturity debt securities (fair value of $183,811 in 2025 and $341,357 in 2024, respectively) 203,119 370,171
Federal Home Loan Bank stock, at cost 20,717 21,603
Loans [1] 6,929,456 6,520,402
Allowance for credit losses on loans (92,160) (86,943)
Net loans 6,837,296 6,433,459
Premises and equipment, net 116,214 112,736
Premises held for sale 1,684 2,321
Bank owned life insurance 91,252 89,370
Accrued interest receivable 28,512 27,697
Goodwill 194,074 194,074
Other assets 301,580 308,750
Total assets 9,307,376 8,863,419
Liabilities    
Non-interest bearing 1,589,159 1,456,138
Interest bearing 6,054,813 5,710,263
Total deposits 7,643,972 7,166,401
Securities sold under agreements to repurchase 73,149 162,967
Federal funds purchased 6,729 6,525
Subordinated debentures 26,806 26,806
Federal Home Loan Bank advances 300,000 300,000
Accrued interest payable 1,885 1,912
Other liabilities 213,691 258,332
Total liabilities 8,266,232 7,922,943
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 29,474,000 and 29,431,000 shares in 2025 and 2024, respectively 59,083 58,939
Additional paid-in capital 401,671 395,081
Retained earnings 648,012 577,607
Accumulated other comprehensive loss (67,622) (91,151)
Total stockholders’ equity 1,041,144 940,476
Total liabilities and equity 9,307,376 8,863,419
Core Deposits [Member]    
Assets    
Intangible 7,260 8,978
Customer Lists [Member]    
Assets    
Intangible $ 5,814 $ 6,840
[1] Total loans are presented inclusive of premiums, discounts and net loan origination fees and costs.