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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 50,090 $ 63,172
Interest-bearing deposits with other banks 88,793 309,241
Cash and cash equivalents 138,883 372,413
Investment securities:    
Investment securities - AFS 131,594 110,521
Held to maturity, net of allowance for credit losses of $108 (2024) and $94 (2023) (fair value of $440,164 (2024) and $457,830 (2023)) 499,431 513,188
Equity securities, at fair value 5,699 5,703
Restricted securities, at cost 21,725 17,900
Loans held for sale, at fair value 27,829 8,782
Loans held for investment ($9,515 (2024) and $9,944 (2023), at fair value) 4,705,737 4,641,010
Less: allowance for credit losses (58,478) (57,351)
Loans, net 4,647,259 4,583,659
Premises and equipment, net 82,176 82,386
Goodwill 63,266 63,266
Other intangible assets, net 42,945 48,090
Other real estate owned, net 179 179
Repossessed properties 1,560 0
Assets held for sale 1,387 0
Mortgage servicing rights, at fair value 5,995 5,926
Right-of-use assets 11,762 12,487
Cash surrender value on life insurance 102,969 101,704
Accrued interest receivable 19,641 19,217
Deferred income taxes 36,078 40,707
Other assets 23,639 24,790
TOTAL ASSETS 5,864,017 6,010,918
Deposits:    
Noninterest-bearing 1,587,252 1,258,037
Interest-bearing 3,561,633 4,128,083
Total deposits 5,148,885 5,386,120
Advances from FHLB - short-term 31,000 0
Advances from FHLB - long-term 50,000 0
Guaranteed preferred beneficial interest in junior subordinated debentures ("TRUPS"), net 29,316 29,158
Subordinated debt, net 43,504 43,139
Total borrowings 153,820 72,297
Lease liabilities 12,189 12,857
Other liabilities 26,340 28,509
TOTAL LIABILITIES 5,341,234 5,499,783
STOCKHOLDERS' EQUITY    
Common stock, par value $.01 per share; shares authorized - 50,000,000; shares issued and outstanding - 33,214,522 (2024) and 33,161,532 (2023) 333 332
Additional paid in capital 356,994 356,007
Retained earnings 173,716 162,290
Accumulated other comprehensive loss (8,260) (7,494)
TOTAL STOCKHOLDERS' EQUITY 522,783 511,135
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 5,864,017 $ 6,010,918