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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Cash and cash equivalents    
Cash and due from banks $ 60,125 $ 47,029
Interest-bearing deposits in other banks 9,196 8,593
Federal funds sold 7,781 80,229
Total cash and cash equivalents 77,102 135,851
Investment securities:    
Available for sale: Amortized cost of $546,429 and $575,288, respectively, net of allowance for credit losses of $0 at March 31, 2025 and December 31, 2024 503,043 526,329
Held to maturity: Fair value of $64,775 and $65,152, respectively, net of allowance for credit losses of $0 at March 31, 2025 and December 31, 2024 76,689 78,184
Equity investments carried at fair value 2,501 2,430
Total investment securities 582,233 606,943
Loans 3,991,539 3,993,505
Less: allowance for credit losses 41,054 41,776
Net loans 3,950,485 3,951,729
Loans held for sale 420  
Goodwill 75,986 75,986
Premises and equipment, net 72,492 73,283
Bank owned life insurance 87,953 87,429
Deferred tax assets 32,628 35,688
Accrued interest receivable 16,436 15,632
Intangible assets, net 32,488 34,197
Other assets 71,135 74,919
Total assets 4,999,358 5,091,657
Deposits:    
Noninterest-bearing 901,398 935,516
Interest-bearing 3,415,529 3,472,036
Total deposits 4,316,927 4,407,552
Short-term borrowings 14,840 15,900
Long-term debt 88,403 98,637
Subordinated debt 33,000 33,000
Junior subordinated debt 8,063 8,039
Accrued interest payable 5,439 5,503
Other liabilities 50,832 54,076
Total liabilities 4,517,504 4,622,707
Stockholders' equity:    
Held to maturity: Fair value of $64,775 and $65,152, respectively, net of allowance for credit losses of $0 at March 31, 2025 and December 31, 2024 20,014 19,995
Capital surplus 250,488 250,695
Retained earnings 247,806 238,955
Accumulated other comprehensive loss (36,454) (40,695)
Total stockholders' equity 481,854 468,950
Total liabilities and stockholders' equity $ 4,999,358 $ 5,091,657