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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash, cash equivalents and restricted cash $ 37,993 $ 45,424
Investment securities:    
Held-to-maturity, at amortized cost (net of zero allowance for credit losses at March 31, 2023 and December 31, 2022) 958,560 972,207
Available-for-sale, at fair value (net of zero allowance for credit losses at March 31, 2023 and December 31, 2022) 797,533 802,096
Total investment securities 1,756,093 1,774,303
Loans, at amortized cost 2,112,328 2,092,546
Allowance for credit losses on loans (23,330) (22,983)
Total loans, net of allowance for credit losses on loans 2,088,998 2,069,563
Goodwill 72,754 72,754
Bank-owned life insurance 67,006 67,066
Operating lease right-of-use assets 22,854 24,821
Bank premises and equipment, net 8,690 8,134
Core deposit intangible, net 4,771 5,116
Other real estate owned 455 455
Interest receivable and other assets 75,665 79,828
Total assets 4,135,279 4,147,464
Deposits:    
Non-interest bearing 1,636,651 1,839,114
Interest bearing    
Transaction accounts 251,716 287,651
Savings accounts 306,951 338,163
Money market accounts 911,189 989,390
Time accounts 144,067 119,030
Total deposits 3,250,574 3,573,348
Short-term borrowings and other obligations 405,802 112,439
Operating lease liabilities 25,433 26,639
Interest payable and other liabilities 23,296 22,946
Total liabilities 3,705,105 3,735,372
Commitments and contingent liabilities (Note 8)
Stockholders' Equity    
Preferred stock, no par value, Authorized - 5,000,000 shares, none issued 0 0
Common stock, no par value, Authorized - 30,000,000 shares; issued and outstanding - 16,107,210 and 16,029,138 at March 31, 2023 and December 31, 2022, respectively 215,965 215,057
Retained earnings 276,209 270,781
Accumulated other comprehensive loss, net of taxes (62,000) (73,746)
Total stockholders' equity 430,174 412,092
Total liabilities and stockholders' equity $ 4,135,279 $ 4,147,464