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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash, cash equivalents and restricted cash $ 228,863 $ 137,304
Investment securities:    
Held-to-maturity, at amortized cost (net of zero allowance for credit losses at June 30, 2025 and December 31, 2024) 823,314 879,199
Available-for-sale, at fair value (net of zero allowance for credit losses at June 30, 2025 and December 31, 2024) 391,985 387,534
Total investment securities 1,215,299 1,266,733
Loans, at amortized cost 2,073,638 2,083,256
Allowance for credit losses on loans (29,854) (30,656)
Loans, net of allowance for credit losses on loans 2,043,784 2,052,600
Goodwill 72,754 72,754
Bank-owned life insurance 70,432 71,026
Operating lease right-of-use assets 18,316 19,025
Bank premises and equipment, net 7,472 6,832
Core deposit intangible, net 2,344 2,792
Interest receivable and other assets 66,929 72,269
Total assets 3,726,193 3,701,335
Deposits:    
Non-interest bearing 1,379,814 1,399,900
Interest bearing:    
Transaction accounts 180,444 198,301
Savings accounts 221,172 225,691
Money market accounts 1,246,013 1,153,746
Time accounts 217,605 242,377
Total deposits 3,245,048 3,220,015
Borrowings and other obligations 77 154
Operating lease liabilities 20,668 21,509
Interest payable and other liabilities 21,862 24,250
Total liabilities 3,287,655 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 - 16,116,470 and 16,089,454 at June 30, 2025 and December 31, 2024, respectively 214,713 215,511
Retained earnings 238,225 249,964
Accumulated other comprehensive loss, net of taxes (14,400) (30,068)
Total stockholders' equity 438,538 435,407
Total liabilities and stockholders' equity $ 3,726,193 $ 3,701,335