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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and Cash Equivalents $ 191,859 $ 128,562
Securities Available for Sale, at Fair Value 664,715 604,104
Loans, Net of Allowance for Credit Losses of $51,018 at September 30, 2024 (unaudited) and $50,494 at December 31, 2023 3,628,867 3,667,215
Federal Home Loan Bank (FHLB) Stock, at Cost 18,626 17,097
Premises and Equipment, Net 47,777 48,886
Foreclosed Assets 434  
Accrued Interest 16,750 16,697
Goodwill 2,626 2,626
Other Intangible Assets, Net 163 188
Bank-Owned Life Insurance 38,219 34,477
Other Assets 81,481 92,138
Total Assets 4,691,517 4,611,990
Deposits:    
Noninterest Bearing 713,309 756,964
Interest Bearing 3,034,133 2,952,984
Total Deposits 3,747,442 3,709,948
Notes Payable 13,750 13,750
FHLB Advances 349,500 319,500
Subordinated Debentures, Net of Issuance Costs 79,574 79,288
Accrued Interest Payable 3,458 5,282
Other Liabilities 45,593 58,707
Total Liabilities 4,239,317 4,186,475
SHAREHOLDERS' EQUITY    
Preferred Stock- $0.01 par value; Authorized 10,000,000 Preferred Stock - Issued and Outstanding 27,600 Series A shares ($2,500 liquidation preference) at September 30, 2024 (unaudited) and December 31, 2023 66,514 66,514
Common Stock- $0.01 par value; Authorized 75,000,000 Common Stock - Issued and Outstanding 27,425,690 at September 30, 2024 (unaudited) and 27,748,965 at December 31, 2023 274 277
Additional Paid-In Capital 94,597 96,320
Retained Earnings 302,231 280,650
Accumulated Other Comprehensive Loss (11,416) (18,246)
Total Shareholders' Equity 452,200 425,515
Total Liabilities and Equity $ 4,691,517 $ 4,611,990