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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Cash and cash equivalents:    
Cash and due from banks $ 34,266 $ 42,221
Interest-earning deposits with other banks 37,896 52,621
Total cash and cash equivalents 72,162 94,842
Securities:    
Securities available for sale 521,018 534,574
Federal Home Loan Bank stock 12,237 12,788
Total securities 533,255 547,362
Less: Allowance for credit losses on securities available for sale (568)  
Net securities 532,687 547,362
Loans held for sale 1,235 2,189
Total loans 3,147,096 2,999,049
Less: Allowance for credit losses (28,744) (28,142)
Net loans 3,118,352 2,970,907
Premises and equipment, net 51,237 48,287
Goodwill 119,477 119,477
Other intangible assets 3,938 4,869
Cash surrender value of bank-owned life insurance 81,858 80,037
Deferred tax assets, net 23,330 22,979
Other assets 79,051 79,936
Total assets 4,083,327 3,970,885
Deposits:    
Non-interest bearing demand 575,649 569,714
Interest-bearing demand 910,191 946,978
Savings 545,816 553,963
Money market 405,758 370,242
Time 830,274 700,260
Total deposits 3,267,688 3,141,157
Borrowings:    
Senior 249,981 271,044
Subordinated 40,620 60,461
Total borrowings 290,601 331,505
Other liabilities 66,610 66,164
Total liabilities 3,624,899 3,538,826
Shareholders' equity    
Capital stock, par value $2.00; authorized 20,000,000 shares; issued 16,428,388 shares; outstanding 15,279,783 shares and 15,172,131 shares at December 31, 2024 and December 31, 2023, respectively 32,857 32,857
Additional paid-in capital 194,607 193,114
Retained earnings 297,857 272,101
Accumulated other comprehensive loss (51,536) (49,862)
Less: 1,148,605 and 1,256,257 shares of treasury stock, at cost, at December 31, 2024 and December 31, 2023, respectively (15,357) (16,151)
Total shareholders' equity 458,428 432,059
Total liabilities and shareholders' equity $ 4,083,327 $ 3,970,885