XML 20 R2.htm IDEA: XBRL DOCUMENT v3.25.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 84,561 $ 73,836
Interest bearing deposits with other banks 197,785 256,281
Total cash and cash equivalents 282,346 330,117
Securities - equity investments with readily determinable fair values 4,526 4,445
Securities - available for sale 392,275 381,561
Securities - held to maturity, net of allowance for credit losses of $1,399 and $3,491, respectively, fair value of $2,294 and $2,514, respectively 1,782 1,876
Loans held for sale 6,066 1,172
Loans, net of allowance for credit losses of $38,691 and $40,714, respectively 4,914,479 4,506,246
Federal Home Loan Bank and other restricted stock 13,339 14,054
Premises and equipment, net 149,120 160,737
Capitalized software, net 43,011 37,971
Goodwill 353,900 241,949
Intangible assets, net 55,265 16,259
Bank-owned life insurance 63,787 62,690
Deferred tax asset, net 3,023 13,581
Other assets 211,829 176,317
Total assets 6,494,748 5,948,975
Deposits    
Noninterest bearing 2,285,327 1,964,457
Interest bearing 2,900,771 2,856,363
Total deposits 5,186,098 4,820,820
Federal Home Loan Bank advances 180,000 30,000
Subordinated notes 69,780 69,662
Junior subordinated debentures 42,666 42,352
Other liabilities 103,822 95,222
Total liabilities 5,582,366 5,058,056
Commitments and contingencies - See Note 7 and Note 8
Stockholders' equity - See Note 11    
Preferred stock 45,000 45,000
Common stock, 23,727,046 and 23,391,411 shares outstanding, respectively 295 291
Additional paid-in-capital 588,302 567,884
Treasury stock, at cost (270,619) (268,356)
Retained earnings 552,049 549,215
Accumulated other comprehensive income (loss) (2,645) (3,115)
Total stockholders’ equity 912,382 890,919
Total liabilities and stockholders' equity $ 6,494,748 $ 5,948,975