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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets    
Cash, cash equivalents and restricted cash $ 123,132 $ 45,424
Investment securities:    
Held-to-maturity, at amortized cost (net of zero allowance for credit losses at September 30, 2023 and December 31, 2022) 935,142 972,207
Available-for-sale, at fair value (net of zero allowance for credit losses at September 30, 2023 and December 31, 2022) 658,815 802,096
Total investment securities 1,593,957 1,774,303
Loans, at amortized cost 2,086,942 2,092,546
Allowance for credit losses on loans (24,260) (22,983)
Total loans, net of allowance for credit losses on loans 2,062,682 2,069,563
Goodwill 72,754 72,754
Bank-owned life insurance 67,738 67,066
Operating lease right-of-use assets 21,589 24,821
Bank premises and equipment, net 8,174 8,134
Core deposit intangible, net 4,096 5,116
Other real estate owned 0 455
Interest receivable and other assets 81,427 79,828
Total assets 4,035,549 4,147,464
Deposits:    
Non-interest bearing 1,642,244 1,839,114
Interest bearing    
Transaction accounts 221,128 287,651
Savings accounts 257,754 338,163
Money market accounts 1,090,181 989,390
Time accounts 232,377 119,030
Total deposits 3,443,684 3,573,348
Short-term borrowings and other obligations 120,335 112,439
Operating lease liabilities 24,040 26,639
Interest payable and other liabilities 28,872 22,946
Total liabilities 3,616,931 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 - 16,139,321 and 16,029,138 at September 30, 2023 and December 31, 2022, respectively 217,202 215,057
Retained earnings 277,996 270,781
Accumulated other comprehensive loss, net of taxes (76,580) (73,746)
Total stockholders' equity 418,618 412,092
Total liabilities and stockholders' equity $ 4,035,549 $ 4,147,464