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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 112,888 $ 132,991
Interest-earning deposits in banks 373,314 337,258
Total cash and cash equivalents 486,202 470,249
Securities:    
Available for sale 1,161,368 1,102,528
Held to maturity, net of allowance for credit losses of $49 and $50 at March 31, 2025, and December 31, 2024, respectively (fair value of $10,361 and $10,456 at March 31, 2025, and December 31, 2024, respectively) 11,094 11,095
Securities carried at fair value through income 6,512 6,512
Total securities 1,178,974 1,120,135
Non-marketable equity securities held in other financial institutions 71,754 71,643
Loans held for sale (at fair value at December 31, 2024) 10,191 10,494
Loans, net of allowance for credit losses of $92,011 and $91,060 at March 31, 2025, and December 31, 2024, respectively 7,493,515 7,482,653
Premises and equipment, net 123,847 126,620
Cash surrender value of bank-owned life insurance 41,021 40,840
Goodwill 128,679 128,679
Other intangible assets, net 38,212 37,473
Accrued interest receivable and other assets 177,977 189,916
Total assets 9,750,372 9,678,702
Liabilities and Stockholders’ Equity    
Noninterest-bearing deposits 1,888,808 1,900,651
Interest-bearing deposits 5,536,636 5,301,479
Time deposits 912,968 1,020,990
Total deposits 8,338,412 8,223,120
Federal Home Loan Bank (“FHLB”) advances, repurchase agreements and other borrowings 12,488 12,460
Subordinated indebtedness, net 89,599 159,943
Accrued expenses and other liabilities 129,696 137,934
Total liabilities 8,570,195 8,533,457
Commitments and contingencies - See Note 12 — Commitments and Contingencies 0 0
Stockholders’ equity:    
Common stock ($5.00 par value; 50,000,000 shares authorized; 31,244,006 and 31,197,574 shares issued at March 31, 2025, and December 31, 2024, respectively) 156,220 155,988
Additional paid‑in capital 538,790 537,366
Retained earnings 575,578 557,920
Accumulated other comprehensive loss (90,411) (106,029)
Total stockholders’ equity 1,180,177 1,145,245
Total liabilities and stockholders’ equity $ 9,750,372 $ 9,678,702