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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Cash and cash equivalents    
Cash and due from banks $ 39,285 $ 37,675
Interest-bearing deposits in other banks 9,550 193
Federal funds sold 205,700  
Total cash and cash equivalents 254,535 37,868
Investment securities:    
Available-for-sale 382,227 477,703
Equity investments carried at fair value 92 110
Held-to-maturity: Fair value September 30, 2023, $68,809; December 31, 2022, $76,563 86,246 91,179
Total investment securities 468,565 568,992
Loans 2,870,969  
Less: allowance for credit losses 23,010 27,472
Net loans 2,847,959  
Loans   2,730,116
Less: allowance for credit losses   27,472
Net loans   2,702,644
Goodwill 63,370 63,370
Premises and equipment, net 61,936 55,667
Bank owned life insurance 49,123 48,344
Deferred tax assets 17,956 18,739
Accrued interest receivable 12,769 11,715
Intangible assets, net 19 105
Other assets 49,567 46,071
Total assets 3,825,799 3,553,515
Deposits:    
Noninterest-bearing 691,071 772,765
Interest-bearing 2,674,012 2,273,833
Total deposits 3,365,083 3,046,598
Short-term borrowings 27,020 114,930
Long-term debt 25,000 555
Subordinated debentures 33,000 33,000
Accrued interest payable 4,777 903
Other liabilities 46,529 42,179
Total liabilities 3,501,409 3,238,165
Stockholders' equity:    
Common stock, par value $2.00, authorized 25,000,000 shares, issued and outstanding 7,040,852 shares at September 30, 2023 and 7,158,017 shares at December 31, 2022 14,093 14,321
Capital surplus 121,870 126,850
Retained earnings 247,857 230,515
Accumulated other comprehensive loss (59,430) (56,336)
Total stockholders' equity 324,390 315,350
Total liabilities and stockholders' equity $ 3,825,799 $ 3,553,515