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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and cash equivalents due from banks $ 88,721 $ 63,771
Interest-bearing deposits with Federal Reserve 332,214 375,009
Interest-bearing deposits with other financial institutions 4,476 4,255
Total cash and cash equivalents 425,411 443,035
Debt securities available-for-sale, at fair value (amortized cost of $562,411 and $520,223, respectively) 523,198 468,546
Debt securities held-to-maturity, at amortized cost (fair value of $253,607 and $282,970, respectively) 270,032 306,081
Equity securities 10,937 10,456
Loans held for sale 833 762
Loans receivable 4,733,420 4,608,956
Less: allowance for credit losses (48,329) (47,357)
Net loans receivable 4,685,091 4,561,599
FHLB and other restricted stock holdings and investments 42,192 40,702
Premises and equipment, net 74,529 76,011
Operating & finance lease right-of-use assets 54,651 52,715
Bank owned life insurance 118,431 117,579
Mortgage servicing rights 1,107 1,251
Goodwill and other intangibles 43,874 43,874
Core deposit intangible, net 173 206
Accrued interest receivable and other assets 68,018 69,193
Total Assets 6,318,477 6,192,010
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing demand deposits 855,788 819,680
Interest-bearing demand deposits 698,902 706,796
Savings 3,162,515 3,122,028
Certificates of deposit 749,877 722,860
Total deposits 5,467,082 5,371,364
Subordinated debentures 20,620 20,620
Subordinated notes, net of unamortized issuance costs 84,722 84,570
Operating lease liabilities 39,804 40,315
Accrued interest payable and other liabilities 68,968 64,446
Total liabilities 5,681,196 5,581,315
Commitments and contingent liabilities
Preferred stock, Series A non-cumulative perpetual, $0 par value; $1,000 liquidation preference; shares authorized 60,375; Shares issued 60,375 at June 30, 2025 and December 31, 2024 57,785 57,785
Common stock, no par value; 50,000,000 shares authorized; Shares issued 21,235,503 at June 30, 2025 and 21,235,503 at December 31, 2024 0 0
Additional paid in capital 218,375 219,876
Retained earnings 397,004 381,296
Treasury stock, at cost (115,609 shares at June 30, 2025 and 247,511 shares December 31, 2024) (2,420) (4,689)
Accumulated other comprehensive loss (33,463) (43,573)
Total shareholders' equity 637,281 610,695
Total Liabilities and Shareholders' Equity 6,318,477 6,192,010
Syndicated loans    
ASSETS    
Loans receivable 78,936 79,882
Loans    
ASSETS    
Loans receivable $ 4,654,484 $ 4,529,074