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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Assets    
Cash, cash equivalents and restricted cash $ 259,924 $ 137,304
Investment securities:    
Held-to-maturity, at amortized cost (net of zero allowance for credit losses at March 31, 2025 and December 31, 2024) 834,640 879,199
Available-for-sale, at fair value (net of zero allowance for credit losses at March 31, 2025 and December 31, 2024) 406,009 387,534
Total investment securities 1,240,649 1,266,733
Loans, at amortized cost 2,073,548 2,083,256
Allowance for credit losses on loans (29,906) (30,656)
Loans, net of allowance for credit losses on loans 2,043,642 2,052,600
Goodwill 72,754 72,754
Bank-owned life insurance 71,066 71,026
Operating lease right-of-use assets 19,076 19,025
Bank premises and equipment, net 6,824 6,832
Core deposit intangible, net 2,565 2,792
Interest receivable and other assets 67,743 72,269
Total assets 3,784,243 3,701,335
Deposits:    
Non-interest bearing 1,426,446 1,399,900
Interest bearing:    
Transaction accounts 184,322 198,301
Savings accounts 228,038 225,691
Money market accounts 1,246,739 1,153,746
Time accounts 216,426 242,377
Total deposits 3,301,971 3,220,015
Borrowings and other obligations 116 154
Operating lease liabilities 21,497 21,509
Interest payable and other liabilities 21,093 24,250
Total liabilities 3,344,677 3,265,928
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 - 16,202,869 and 16,089,454 at March 31, 2025 and December 31, 2024, respectively 216,263 215,511
Retained earnings 250,815 249,964
Accumulated other comprehensive loss, net of taxes (27,512) (30,068)
Total stockholders' equity 439,566 435,407
Total liabilities and stockholders' equity $ 3,784,243 $ 3,701,335