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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Cash and cash equivalents:    
Cash and due from banks $ 24,600 $ 22,553
Federal funds sold 178,534 128,452
Interest-bearing deposits with banks 79,769 11,858
Total cash and cash equivalents 282,903 162,863
Investment securities:    
Investment securities available for sale 131,040 132,127
Other investments 20,066 19,490
Total investment securities 151,106 151,617
Mortgage loans held for sale 6,906 4,565
Loans 3,789,021 3,631,767
Less allowance for credit losses (41,799) (39,914)
Loans, net 3,747,222 3,591,853
Bank owned life insurance 55,324 54,070
Property and equipment, net 84,586 88,794
Deferred income taxes, net 12,657 13,467
Other assets 17,885 20,364
Total assets 4,358,589 4,087,593
LIABILITIES    
Deposits 3,676,417 3,435,765
FHLB advances and related debt 240,000 240,000
Subordinated debentures 24,903 24,903
Other liabilities 60,921 56,481
Total liabilities 4,002,241 3,757,149
SHAREHOLDERS’ EQUITY    
Preferred stock, par value $.01 per share, 10,000,000 shares authorized
Common stock, par value $.01 per share, 20,000,000 shares authorized, 8,189,177 shares issued and outstanding at September 30, 2025; 20,000,000 shares authorized, 8,164,872 shares issued and outstanding at December 31, 2024. 82 82
Nonvested restricted stock (1,929) (3,884)
Additional paid-in capital 125,035 124,641
Accumulated other comprehensive loss (8,426) (11,472)
Retained earnings 241,586 221,077
Total shareholders’ equity 356,348 330,444
Total liabilities and shareholders’ equity $ 4,358,589 $ 4,087,593