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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and Cash Equivalents $ 166,205 $ 229,760
Bank-Owned Certificates of Deposit 4,139 4,377
Securities Available for Sale, at Fair Value 764,626 768,247
Loans, Net of Allowance for Credit Losses of $53,766 at March 31, 2025 (unaudited) and $52,277 at December 31, 2024 3,959,092 3,809,436
Federal Home Loan Bank (FHLB) Stock, at Cost 18,984 19,297
Premises and Equipment, Net 49,442 49,533
Accrued Interest 17,700 17,711
Goodwill 11,982 11,982
Other Intangible Assets, Net 7,620 7,850
Bank-Owned Life Insurance 45,025 44,646
Other Assets 91,993 103,403
Total Assets 5,136,808 5,066,242
Deposits:    
Noninterest Bearing 791,528 800,763
Interest Bearing 3,370,929 3,286,004
Total Deposits 4,162,457 4,086,767
Notes Payable 13,750 13,750
FHLB Advances 349,500 359,500
Subordinated Debentures, Net of Issuance Costs 79,766 79,670
Accrued Interest Payable 4,525 4,008
Other Liabilities 57,835 64,612
Total Liabilities 4,667,833 4,608,307
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 March 31, 2025 (unaudited) and December 31, 2024 66,514 66,514
Common Stock- $0.01 par value; Authorized 75,000,000 Common Stock - Issued and Outstanding 27,560,150 at March 31, 2025 (unaudited) and 27,552,449 at December 31, 2024 276 276
Additional Paid-In Capital 95,503 95,088
Retained Earnings 318,041 309,421
Accumulated Other Comprehensive Loss (11,359) (13,364)
Total Shareholders' Equity 468,975 457,935
Total Liabilities and Equity $ 5,136,808 $ 5,066,242