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Parent Company Only Financial Information (Tables) | 12 Months Ended
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Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract] |
Schedule of Condensed Balance Sheets |
CONDENSED BALANCE SHEETS | December 31,
| 2024 |  | 2023
Assets |  |  |
Cash | $ | 100,702 |  |  | $ | 100,427 |
Equity securities | 1,525 |  |  | 1,795 |
Investment in bank subsidiary | 585,725 |  |  | 548,493 |
Investment in non-bank subsidiaries | 25,216 |  |  | 23,262 |
Deferred assets and current receivables | 2,021 |  |  | 1,894 |
Other assets | 956 |  |  | 925 |
Total assets | $ | 716,145 |  |  | $ | 676,796 |
Liabilities |  |  |
Subordinated notes and debentures | $ | 105,190 |  |  | $ | 104,887 |
Other liabilities | 260 |  |  | 662 |
Total liabilities | 105,450 |  |  | 105,549 |
Stockholders' equity | 610,695 |  |  | 571,247 |
Total liabilities and stockholders' equity | $ | 716,145 |  |  | $ | 676,796 |
Schedule of Condensed Statements of Income |
CONDENSED STATEMENTS OF INCOME | Year Ended December 31,
Income: | 2024 |  | 2023 |  | 2022
Dividends from: |  |  |  |  |
Bank subsidiary | $ | 22,185 |  |  | $ | 22,295 |  |  | $ | 21,225 |
Non-bank subsidiaries | 1,320 |  |  | 1,325 |  |  | 1,431 |
Other | 201 |  |  | 240 |  |  | 198 |
Total income | 23,706 |  |  | 23,860 |  |  | 22,854 |
Expenses | (7,035) |  |  | (7,084) |  |  | (6,112) |
Income before income taxes and equity in undistributed net income of subsidiaries: | 16,671 |  |  | 16,776 |  |  | 16,742 |
Change in net unrealized holdings (losses) on equity securities not held for trading | (290) |  |  | (722) |  |  | (132) |
Income tax benefit | 1,513 |  |  | 1,606 |  |  | 1,422 |
Equity in undistributed net income of bank subsidiary | 34,755 |  |  | 38,702 |  |  | 43,846 |
Equity in undistributed (distributions in excess) of net income of non-bank subsidiaries | 1,926 |  |  | 1,658 |  |  | 1,310 |
Net income | 54,575 |  |  | 58,020 |  |  | 63,188 |
Dividends on preferred stock | (4,302) |  |  | (4,302) |  |  | (4,302) |
Net income available to common stockholders | $ | 50,273 |  |  | $ | 53,718 |  |  | $ | 58,886 |
Comprehensive income attributable to the parent | $ | 54,575 |  |  | $ | 58,020 |  |  | $ | 63,613 |
Schedule of Condensed Statements of Cash Flows |
CONDENSED STATEMENTS OF CASH FLOWS | Year Ended December 31,
| 2024 |  | 2023 |  | 2022
Net income |  |  |  |  |
Adjustments to reconcile net income to net cash provided by | $ | 54,575 |  |  | $ | 58,020 |  |  | $ | 63,188 |
Operating activities: |  |  |  |  |
Equity in undistributed net income of bank subsidiary | (34,755) |  |  | (38,702) |  |  | (43,846) |
(Equity in undistributed) distributions in excess of net income of non–bank subsidiaries | (1,926) |  |  | (1,658) |  |  | (1,310) |
Net realized and unrealized (gains) losses on equity securities | (290) |  |  | 700 |  |  | 132 |
Increase (decrease) in other assets | 174 |  |  | (230) |  |  | 609 |
Increase in other liabilities | 2,734 |  |  | 2,064 |  |  | 1,571 |
Net cash provided by operating activities | 20,512 |  |  | 20,194 |  |  | 20,344 |
Cash flows from investing activities: |  |  |  |  |
Purchase of equity securities | (20) |  |  | (41) |  |  | (32) |
Sales and maturities of equity securities with readily determinable fair value | — |  |  | 296 |  |  | — |
Investment in bank subsidiaries | — |  |  | (37,000) |  |  | — |
Net cash used in investing activities | (20) |  |  | (36,745) |  |  | (32) |
Cash flows from financing activities: |  |  |  |  |
Dividends paid on common stock | (14,912) |  |  | (14,694) |  |  | (12,557) |
Dividends paid on preferred stock | (4,302) |  |  | (4,302) |  |  | (4,302) |
Purchase of treasury stock | (1,003) |  |  | (6,858) |  |  | (1,707) |
Net proceeds from issuance of common stock | — |  |  | — |  |  | 94,051 |
Net cash provided by financing activities | (20,217) |  |  | (25,854) |  |  | 75,485 |
Net (decrease) increase in cash | 275 |  |  | (42,405) |  |  | 95,797 |
Cash beginning of year | 100,427 |  |  | 142,832 |  |  | 47,035 |
Cash end of year | $ | 100,702 |  |  | $ | 100,427 |  |  | $ | 142,832 |

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