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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 33,651 $ 30,558
Interest-bearing deposits in other banks 127,404 238,417
Total Cash and Cash Equivalents 161,055 268,975
Securities available-for-sale, at fair value (amortized cost of $683,705 and $613,393, respectively) 636,679 550,148
Securities held-to-maturity, at amortized cost (fair value of $106,840 and $108,990, respectively) 124,853 131,796
Equity securities, at fair value 3,019 2,937
Nonmarketable equity securities 2,387 2,328
Loans held for sale 3,260 2,547
Loans held for investment 2,173,073 2,075,013
Allowance for credit losses (22,801) (21,731)
Loans held for investment, net 2,150,272 2,053,282
Premises and equipment, net 58,573 59,441
Accrued interest receivable 10,281 10,048
Bank-owned life insurance 31,041 30,380
Intangible assets 1,546 1,546
Right-of-use assets 1,564 2,733
Other assets 29,833 33,433
Total Assets 3,214,363 3,149,594
LIABILITIES    
Noninterest-bearing deposits 918,974 866,496
Interest-bearing deposits 1,919,809 1,938,610
Total Deposits 2,838,783 2,805,106
Accrued interest payable 6,681 7,583
Lease liabilities 1,623 2,864
Accrued expenses and other liabilities 15,965 14,302
Total Liabilities 2,863,052 2,829,855
COMMITMENTS AND CONTINGENCIES 0 0
STOCKHOLDERS’ EQUITY    
Preferred stock, no par value: Authorized - $1,000,000 shares; None Issued and Outstanding 0 0
Common stock, no par value: Authorized - $30,000,000 shares; Issued and Outstanding - $6,576,609 and $6,777,238 shares, respectively 27,543 38,655
Additional paid-in capital 3,105 2,777
Retained earnings 367,302 338,554
Accumulated other comprehensive income (loss) (46,639) (60,247)
Total Stockholders’ Equity 351,311 319,739
Total Liabilities and Stockholders’ Equity $ 3,214,363 $ 3,149,594