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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 22,965 $ 28,896
Federal funds sold and other 125,665 74,762
TOTAL CASH AND CASH EQUIVALENTS 148,630 103,658
Securities available for sale (Amortized cost $1,504,331 in 2024 and $1,516,841 in 2023) 1,270,149 1,299,701
Other investments 34,619 35,311
Loans held for sale, at fair value 1,854 3,711
Loans 3,181,318 3,198,127
Less allowance for credit losses 33,159 34,440
NET LOANS 3,148,159 3,163,687
Premises and equipment, net 45,109 44,364
Goodwill 167,446 167,446
Other intangibles, net 22,153 22,842
Bank owned life insurance 100,189 99,482
Affordable housing investments 17,486 17,893
Other assets 124,216 120,255
TOTAL ASSETS 5,080,010 5,078,350
Deposits:    
Noninterest-bearing 977,475 1,026,630
Interest-bearing 3,220,650 3,150,756
Brokered time deposits 0 0
TOTAL DEPOSITS 4,198,125 4,177,386
Short-term borrowings 345,000 355,000
Long-term borrowings 88,777 88,663
Other liabilities 51,082 52,886
TOTAL LIABILITIES 4,682,984 4,673,935
Commitments and contingent liabilities
Stockholders' Equity:    
Common Stock, no par value; 50,000,000 shares authorized; 39,321,709 shares issued in 2024 and 2023; 37,545,864 and 37,502,773 shares outstanding, respectively 364,843 365,305
Retained earnings 241,628 236,757
Accumulated other comprehensive (loss) (184,954) (172,554)
Treasury stock, at cost; 1,775,845 and 1,818,936 shares in 2024 and 2023, respectively (24,491) (25,093)
TOTAL STOCKHOLDERS' EQUITY 397,026 404,415
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 5,080,010 $ 5,078,350