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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 21,149 $ 28,896
Federal funds sold and other 167,987 74,762
TOTAL CASH AND CASH EQUIVALENTS 189,136 103,658
Securities available for sale (Amortized cost $1,482,798 in 2024 and $1,516,841 in 2023) 1,293,350 1,299,701
Other investments 33,617 35,311
Loans held for sale, at fair value 2,852 3,711
Loans 3,280,517 3,198,127
Less allowance for credit losses 36,186 34,440
NET LOANS 3,244,331 3,163,687
Premises and equipment, net 48,095 44,364
Goodwill 167,446 167,446
Other intangibles, net 20,894 22,842
Bank owned life insurance 100,976 99,482
Affordable housing investments 22,567 17,893
Other assets 113,239 120,255
TOTAL ASSETS 5,236,503 5,078,350
Deposits:    
Noninterest-bearing 969,682 1,026,630
Interest-bearing 3,317,223 3,150,756
Brokered time deposits 74,932 0
TOTAL DEPOSITS 4,361,837 4,177,386
Short-term borrowings 285,000 355,000
Long-term borrowings 86,038 88,663
Other liabilities 63,950 52,886
TOTAL LIABILITIES 4,796,825 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; 37,573,650 and 37,502,773 shares outstanding, respectively 365,542 365,305
Retained earnings 249,171 236,757
Accumulated other comprehensive (loss) (150,951) (172,554)
Treasury stock, at cost; 1,748,059 and 1,818,936 shares in 2024 and 2023, respectively (24,084) (25,093)
TOTAL STOCKHOLDERS' EQUITY 439,678 404,415
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 5,236,503 $ 5,078,350