XML 13 R2.htm IDEA: XBRL DOCUMENT v3.26.1
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash and cash equivalents $ 599,105 $ 219,972
Available-for-sale debt securities, at fair value (amortized cost of $888,314 in 2026 and $887,884 in 2025) 880,921 884,693
Held-to-maturity debt securities (fair value of $4,775 in 2026 and $4,929 in 2025) 4,775 4,944
Equity securities with a readily determinable fair value 945 945
Mortgage loans held for sale, at fair value 12,953 7,516
Consumer loans held for sale, at fair value 9,430 10,968
Loans 5,366,973 5,446,329
Allowance for credit losses (91,840) (85,352)
Loans, net 5,275,133 5,360,977
Federal Home Loan Bank stock, at cost 27,014 32,114
Premises and equipment, net 40,843 35,986
Right-of-use assets 30,443 31,330
Goodwill 40,516 40,516
Other real estate owned 896 1,277
Bank owned life insurance 111,272 110,721
Other assets and accrued interest receivable 199,634 201,236
TOTAL ASSETS 7,253,279 7,042,061
Deposits:    
Noninterest-bearing 1,275,427 1,173,461
Interest-bearing 4,233,693 4,029,686
Total deposits 5,509,120 5,203,147
Securities sold under agreements to repurchase and other short-term borrowings 81,337 88,504
Operating lease liabilities 31,492 32,370
Federal Home Loan Bank advances 366,500 506,000
Other liabilities and accrued interest payable 131,443 109,747
Total liabilities 6,119,892 5,939,768
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, 17,467,057 shares (2026) and 17,393,095 shares (2025) issued and outstanding; Class B Common Stock, no par value, 5,000,000 shares authorized, 2,148,269 shares (2026) and 2,148,269 shares (2025) issued and outstanding 4,606 4,601
Additional paid in capital 159,457 156,695
Retained earnings 976,258 945,399
Accumulated other comprehensive loss (6,934) (4,402)
Total stockholders' equity 1,133,387 1,102,293
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 7,253,279 7,042,061
Consumer    
ASSETS    
Loans held for sale, at the lower of cost or fair value $ 19,399 17,027
Other loans    
ASSETS    
Loans held for sale, at the lower of cost or fair value   $ 81,839