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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Cash and due from banks:    
Non-interest bearing $ 105,235 $ 92,112
Interest bearing 96,159 29,029
Federal funds sold 76 75
Cash and cash equivalents 201,470 121,216
Certificates of deposit 2,520 3,500
Investment securities:    
Available-for-sale, at fair value (amortized cost of $1,225,046 and $1,257,436 at March 31, 2025 and December 31, 2024, respectively) 1,039,727 1,063,292
Held-to-maturity, at amortized cost (estimated fair value of $2,285 and $2,279 at March 31, 2025 and December 31, 2024, respectively) 2,285 2,279
Equity securities, at fair value 4,471 4,439
Less: loans held for sale 3,644 6,614
Loans 5,695,214 5,665,848
Less allowance for credit losses (70,051) (70,182)
Net loans 5,625,163 5,595,666
Interest receivable 37,453 38,639
Other real estate owned 2,075 2,179
Premises and equipment, net 97,446 100,234
Goodwill, net 203,391 203,391
Intangible assets, net 55,280 58,515
Bank owned life insurance 171,127 170,854
Right of use lease assets 13,817 13,861
Tax assets 57,896 66,858
Other assets 54,923 68,197
Total assets 7,572,688 7,519,734
Deposits:    
Non-interest bearing 1,394,590 1,329,155
Interest bearing 4,735,790 4,727,941
Total deposits 6,130,380 6,057,096
Securities sold under agreements to repurchase 219,772 204,122
Interest payable 6,625 5,280
FHLB borrowings 195,000 242,520
Junior subordinated debentures, net 24,335 24,280
Subordinated debt, net 79,535 87,472
Lease liabilities 14,255 14,190
Other liabilities 31,837 38,383
Total liabilities 6,701,739 6,673,343
Stockholders’ equity:    
Common stock ($4 par value; authorized 30,000,000 shares; issued 24,650,465 and 24,564,356 shares in 2025 and 2024, respectively; outstanding 23,981,916 and 23,895,807 shares in 2025 and 2024, respectively) 100,602 100,258
Additional paid-in capital 515,975 512,810
Retained earnings 411,633 395,189
Deferred compensation 509 2,756
Accumulated other comprehensive loss (135,350) (142,383)
Treasury stock, at cost (668,549 shares in 2025 and 652,571 shares in 2024) (22,420) (22,239)
Total stockholders’ equity 870,949 846,391
Total liabilities and stockholders’ equity $ 7,572,688 $ 7,519,734