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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets    
Cash $ 14,505 $ 14,411
Interest-bearing deposits 286,188 310,281
Cash and cash equivalents 300,693 324,692
Certificates of deposit in other banks 13,619 18,841
Debt securities available for sale, at fair value (amortized cost of $149,790 and $141,793 at March 31, 2026 and December 31, 2025, respectively) 149,729 142,540
FHLB and FRB stock 13,614 13,636
SBIC investments 19,461 18,818
Loans held for sale, at fair value 6,562 7,005
Loans held for sale, at the lower of cost or fair value 101,930 198,688
Loans, net of deferred loan fees and costs 3,546,580 3,578,154
Allowance for credit losses – loans (40,607) (41,479)
Loans, net 3,505,973 3,536,675
Premises and equipment, net 62,210 62,400
Accrued interest receivable 14,636 15,973
Deferred income taxes, net 8,514 9,922
BOLI 94,555 93,930
Goodwill 34,111 34,111
Core deposit intangibles, net 4,474 4,848
Other assets 56,260 63,556
Total assets 4,386,341 4,545,635
Liabilities    
Deposits 3,639,542 3,709,997
Junior subordinated debt 10,245 10,220
Borrowings 90,000 165,000
Other liabilities 54,147 59,728
Total liabilities 3,793,934 3,944,945
Stockholders' equity    
Preferred stock, $0.01 par value, 10,000,000 shares authorized, none issued or outstanding 0 0
Common stock, $0.01 par value, 60,000,000 shares authorized, 16,803,185 and 17,286,289 shares issued and outstanding at March 31, 2026 and December 31, 2025, respectively 168 173
Additional paid in capital 144,465 166,856
Retained earnings 451,127 436,524
Unearned ESOP shares (3,306) (3,438)
Accumulated other comprehensive income (loss) (47) 575
Total stockholders' equity 592,407 600,690
Total liabilities and stockholders' equity $ 4,386,341 $ 4,545,635