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Consolidated Statements Of Condition - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 62,379 $ 77,649
Interest-bearing deposits in other banks (including restricted cash) 152,584 22,155
Total cash, cash equivalents and restricted cash 214,963 99,804
Securities    
Trading securities 5,243 4,647
Available-for-sale securities, at fair value (amortized cost of $673,003 and $702,937, respectively) 593,749 625,808
Held-to-maturity securities, at amortized cost (fair value of $470,824 and $510,595, respectively) 517,778 544,931
Other investments 22,514 15,394
Total investments 1,139,284 1,190,780
Loans held for sale, at fair value (book value of $10,923 and $10,152, respectively) 11,049 10,320
Loans 4,115,259 4,098,094
Less: allowance for credit losses on loans (35,728) (36,935)
Net loans 4,079,531 4,061,159
Goodwill 94,697 94,697
Core deposit intangible assets 415 971
Bank-owned life insurance 104,308 101,501
Premises and equipment, net 37,052 35,049
Deferred tax assets 40,037 42,226
Other assets 83,802 77,999
Total assets 5,805,138 5,714,506
Deposits    
Non-interest checking 925,571 967,750
Interest checking 1,483,589 1,553,787
Savings and money market 1,511,589 1,364,401
Certificates of deposit 532,424 609,503
Brokered deposits 179,994 101,919
Total deposits 4,633,167 4,597,360
Short-term borrowings 500,621 485,607
Junior subordinated debentures 44,331 44,331
Accrued interest and other liabilities 95,788 92,144
Total liabilities 5,273,907 5,219,442
Commitments and contingencies (Note 11)
Shareholders' Equity    
Common stock, no par value: authorized 40,000,000 shares, issued and outstanding 14,579,339 and 14,565,952 on December 31, 2024 and 2023, respectively 116,425 115,602
Retained earnings 509,452 481,014
Accumulated other comprehensive loss (94,646) (101,552)
Total shareholders’ equity 531,231 495,064
Total liabilities and shareholders’ equity $ 5,805,138 $ 5,714,506