XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents $ 484,238 $ 432,151
Available-for-sale debt securities, at fair value (amortized cost of $849,731 in 2025 and $602,493 in 2024) 843,171 584,155
Held-to-maturity debt securities (fair value of $5,087 in 2025 and $10,735 in 2024) 5,110 10,778
Equity securities with readily determinable fair value 945 693
Mortgage loans held for sale, at fair value 15,338 8,312
Consumer loans held for sale, at fair value 8,444 5,443
Consumer loans held for sale, at the lower of cost or fair value 16,424 18,632
Loans 5,281,374 5,439,466
Allowance for credit losses (79,865) (91,978)
Loans, net 5,201,509 5,347,488
Federal Home Loan Bank stock, at cost 25,849 24,478
Premises and equipment, net 37,884 32,309
Right-of-use assets 32,804 36,182
Goodwill 40,516 40,516
Other real estate owned 1,246 1,160
Bank owned life insurance 109,773 107,125
Other assets and accrued interest receivable 191,668 197,245
TOTAL ASSETS 7,014,919 6,846,667
Deposits:    
Noninterest-bearing 1,239,023 1,207,764
Interest-bearing 4,099,322 4,002,782
Total deposits 5,338,345 5,210,546
Securities sold under agreements to repurchase and other short-term borrowings 74,522 103,318
Operating lease liabilities 33,833 37,121
Federal Home Loan Bank advances 375,000 395,000
Other liabilities and accrued interest payable 108,699 108,653
Total liabilities 5,930,399 5,854,638
Commitments and contingent liabilities (Footnote 8)
STOCKHOLDERS' EQUITY    
Preferred stock, no par value
Class A Common Stock, no par value, 30,000,000 shares authorized, 17,387,179 shares (2025) and 17,297,878 shares (2024) issued and outstanding; Class B Common Stock, no par value, 5,000,000 shares authorized, 2,148,876 shares (2025) and 2,150,090 shares (2024) issued and outstanding 4,600 4,587
Additional paid in capital 154,978 148,053
Retained earnings 932,042 853,627
Accumulated other comprehensive loss (7,100) (14,238)
Total stockholders' equity 1,084,520 992,029
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 7,014,919 $ 6,846,667