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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 21,767 $ 29,552
Interest-bearing deposits with banks 133,366 108,140
Cash and cash equivalents 155,133 137,692
Debt securities available-for-sale, at fair value 793,730 698,049
Debt securities held-to-maturity (fair value of $431,493 at 2025 and $445,186 at 2024) 466,565 499,858
Equity securities with readily determinable fair value 3,279 3,315
Equity securities with no readily determinable fair value 2,609 2,629
Restricted stock, at cost 4,979 5,086
Loans held for sale 1,432 1,586
Loans, before allowance for credit losses 3,400,029 3,466,146
Allowance for credit losses (41,900) (42,044)
Loans, net of allowance for credit losses 3,358,129 3,424,102
Bank owned life insurance 24,489 23,989
Bank premises and equipment, net 69,965 66,758
Bank premises held for sale 0 317
Foreclosed assets 1,007 367
Goodwill 59,820 59,820
Intangible assets, net 15,760 17,843
Mortgage servicing rights, at fair value 17,254 18,827
Investments in unconsolidated subsidiaries 1,614 1,614
Accrued interest receivable 23,575 24,770
Other assets 35,687 46,280
Total assets 5,035,027 5,032,902
Deposits:    
Noninterest-bearing 1,034,181 1,046,405
Interest-bearing 3,313,006 3,271,849
Total deposits 4,347,187 4,318,254
Securities sold under agreements to repurchase 0 28,969
Federal Home Loan Bank advances 7,271 13,231
Subordinated notes 0 39,553
Junior subordinated debentures issued to capital trusts 52,894 52,849
Other liabilities 28,546 35,441
Total liabilities 4,435,898 4,488,297
COMMITMENTS AND CONTINGENCIES (Note 15)
Stockholders' Equity    
Preferred stock, $0.01 par value; 25,000,000 shares authorized; none issued or outstanding 0 0
Common stock, $0.01 par value; 125,000,000 shares authorized; shares issued of 32,899,104 at 2025 and 32,827,039 at 2024; shares outstanding of 31,455,803 at 2025 and 31,559,366 at 2024 329 328
Surplus 297,992 297,297
Retained earnings 354,864 316,764
Accumulated other comprehensive income (loss) (27,119) (46,765)
Treasury stock at cost, 1,443,301 shares at 2025 and 1,267,673 at 2024 (26,937) (23,019)
Total stockholders’ equity 599,129 544,605
Total liabilities and stockholders’ equity $ 5,035,027 $ 5,032,902