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CONSOLIDATED STATEMENTS OF CONDITION (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 30,500 $ 16,352
Interest-bearing deposits with banks 71,639 30,910
Total Cash and Cash Equivalents 102,139 47,262
Equity securities with readily determinable fair values 945 919
Investment securities available for sale, at estimated fair value 462,217 393,975
Investment securities held to maturity, at amortized cost (fair value $56,932, $56,924) 63,408 64,578
Loans held for sale 16,850 426
Total loans, net of unearned income 2,336,605 1,682,910
Allowance for credit losses (23,660) (17,280)
Loans, net 2,312,945 1,665,630
Premises and equipment, net 31,107 25,454
Right of use asset 4,403 2,663
Restricted investment in bank stocks 14,462 10,853
Investment in bank-owned life insurance 96,755 81,850
Investments in low-income housing partnerships 783 877
Goodwill 64,449 44,185
Intangible assets, net 23,565 7,838
Assets held for sale 275 0
Foreclosed assets held for resale 32 438
Other assets 56,503 47,882
Total assets 3,250,838 2,394,830
Deposits:    
Noninterest-bearing 581,697 451,503
Interest-bearing 1,884,199 1,340,998
Total deposits 2,465,896 1,792,501
Short-term borrowings 80,468 15,826
Long-term borrowings 255,365 255,333
Lease liability 4,696 2,764
Allowance for unfunded commitments 1,384 1,394
Other liabilities 34,387 23,739
Total Liabilities 2,842,196 2,091,557
Stockholders’ Equity:    
Preferred stock, $2.50 par value, 20,000,000 shares authorized; no shares outstanding at September 30, 2025 and December 31, 2024 0 0
Common stock, $2.50 par value, 20,000,000 shares authorized; 11,023,573 and 8,945,293 shares issued; 10,423,015 and 8,553,785 shares outstanding at September 30, 2025 and December 31, 2024, respectively 27,555 22,357
Treasury stock, at cost, 600,558 and 391,508 shares at September 30, 2025 and December 31, 2024, respectively (19,875) (11,203)
Additional paid-in capital 179,130 99,163
Retained earnings 250,410 234,624
Accumulated other comprehensive loss (28,578) (41,668)
Total Stockholders’ Equity 408,642 303,273
Total Liabilities and Stockholders’ Equity $ 3,250,838 $ 2,394,830