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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Cash and cash equivalents:    
Cash and due from banks $ 42,743 $ 34,266
Interest-earning deposits with other banks 93,971 37,896
Total cash and cash equivalents 136,714 72,162
Securities:    
Available-for-sale debt securities 597,810 521,018
Less: Allowance for credit losses on available-for-sale debt securities   (568)
Net securities 597,810 520,450
Federal Home Loan Bank stock 8,560 12,237
Loans held for sale 5,545 1,235
Total loans held for investment 3,583,716 3,147,096
Less: Allowance for credit losses (33,940) (28,744)
Net loans held for investment 3,549,776 3,118,352
Premises and equipment, net 58,828 51,237
Goodwill 141,819 119,477
Other intangible assets 16,989 3,938
Cash surrender value of bank-owned life insurance 95,554 81,858
Deferred tax assets, net 31,721 23,330
Other assets 73,936 79,051
Total assets 4,717,252 4,083,327
Deposits:    
Non-interest bearing demand 692,780 575,649
Interest-bearing demand 1,137,362 910,191
Savings 647,428 545,816
Money market 488,633 405,758
Time 981,993 830,274
Total deposits 3,948,196 3,267,688
Borrowings:    
Senior 139,956 249,981
Subordinated 52,229 40,620
Total borrowings 192,185 290,601
Other liabilities 55,916 66,610
Total liabilities 4,196,297 3,624,899
Shareholders' equity    
Capital stock, par value $2.00; authorized 30,000,000 shares and 20,000,000 shares; issued 17,734,817 shares and 16,428,388 shares; outstanding 16,688,573 shares and 15,279,783 shares at September 30, 2025 and December 31, 2024, respectively 35,470 32,857
Additional paid-in capital 232,827 194,607
Retained earnings 307,986 297,857
Accumulated other comprehensive loss (40,025) (51,536)
Less: 1,046,244 and 1,148,605 shares of treasury stock, at cost, at September 30, 2025 and December 31, 2024, respectively (15,303) (15,357)
Total shareholders' equity 520,955 458,428
Total liabilities and shareholders' equity $ 4,717,252 $ 4,083,327