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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets [Abstract]    
Cash and due from banks $ 56,991 $ 70,408
Interest-earning deposits 336,019 60,125
Total cash and cash equivalents 393,010 130,533
Securities available for sale 730,352 617,092
Federal Home Loan Bank stock 21,513 21,513
Mortgage loans held for sale 15,824 18,607
Loans 4,600,781 4,303,758
Allowance for credit losses (54,454) (49,914)
Loans, net 4,546,327 4,253,844
Premises and equipment, net 53,427 50,928
Bank owned life insurance 93,839 85,668
Goodwill 49,473 49,473
Other Assets 148,396 125,566
Total assets 6,052,161 5,353,224
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing 1,264,523 1,247,640
Interest-bearing 3,433,843 2,653,278
Total deposits 4,698,366 3,900,918
Securities sold under agreements to repurchase 121,521 229,734
Federal Home Loan Bank advances 387,083 467,910
Subordinated debentures 50,330 49,644
Subordinated notes 89,314 88,971
Accrued interest and other liabilities 121,021 93,902
Total liabilities 5,467,635 4,831,079
Commitments and contingent liabilities (Note 12)
Shareholders' equity    
Preferred stock, no par value; 1,000,000 shares authorized; 0 shares outstanding at December 31, 2024 and December 31, 2023 0 0
Common stock, no par value; 40,000,000 shares authorized; 16,146,374 shares outstanding at December 31, 2024 and 16,125,662 shares outstanding at December 31, 2023 299,705 295,106
Retained earnings 334,646 277,526
Accumulated other comprehensive gain/(loss) (49,825) (50,487)
Total shareholders’ equity 584,526 522,145
Total liabilities and shareholders’ equity $ 6,052,161 $ 5,353,224