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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash, cash equivalents and restricted cash $ 39,657 $ 45,424
Investment securities:    
Held-to-maturity, at amortized cost (net of zero allowance for credit losses at June 30, 2023 and December 31, 2022) 946,808 972,207
Available-for-sale, at fair value (net of zero allowance for credit losses at June 30, 2023 and December 31, 2022) 770,942 802,096
Total investment securities 1,717,750 1,774,303
Loans, at amortized cost 2,102,796 2,092,546
Allowance for credit losses on loans (23,832) (22,983)
Total loans, net of allowance for credit losses on loans 2,078,964 2,069,563
Goodwill 72,754 72,754
Bank-owned life insurance 67,367 67,066
Operating lease right-of-use assets 22,739 24,821
Bank premises and equipment, net 8,683 8,134
Core deposit intangible, net 4,431 5,116
Other real estate owned 415 455
Interest receivable and other assets 79,373 79,828
Total assets 4,092,133 4,147,464
Deposits:    
Non-interest bearing 1,588,723 1,839,114
Interest bearing    
Transaction accounts 229,434 287,651
Savings accounts 274,510 338,163
Money market accounts 1,029,082 989,390
Time accounts 203,463 119,030
Total deposits 3,325,212 3,573,348
Short-term borrowings and other obligations 292,572 112,439
Operating lease liabilities 25,220 26,639
Interest payable and other liabilities 25,188 22,946
Total liabilities 3,668,192 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 - 16,107,192 and 16,029,138 at June 30, 2023 and December 31, 2022, respectively 216,589 215,057
Retained earnings 276,732 270,781
Accumulated other comprehensive loss, net of taxes (69,380) (73,746)
Total stockholders' equity 423,941 412,092
Total liabilities and stockholders' equity $ 4,092,133 $ 4,147,464