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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 186,541 $ 140,917
Federal funds sold 1,241 1,284
Total cash and cash equivalents 187,782 142,201
Interest-bearing time deposits 2,735 2,740
Securities - available-for-sale 347,516 358,478
Other securities, at cost 14,744 17,138
Loans held for sale 2,410 1,576
Loans, net of allowance for credit losses of $24,680 and $25,024 2,516,687 2,556,167
Premises and equipment 35,007 35,790
Construction in progress 9 8
Goodwill 86,358 86,358
Loan servicing rights 5,555 5,648
Bank owned life insurance 34,123 33,907
Other assets 54,628 43,218
Total Assets 3,287,554 3,283,229
Deposits    
Noninterest-bearing 510,731 528,465
Interest-bearing    
NOW accounts 829,236 816,790
Savings 635,430 599,191
Time 645,985 663,017
Total deposits 2,621,382 2,607,463
Securities sold under agreements to repurchase 28,218 28,218
Federal Home Loan Bank (FHLB) advances 256,628 265,750
Subordinated notes, net of unamortized issuance costs 34,731 34,702
Dividend payable 2,975 2,974
Accrued expenses and other liabilities 25,930 27,579
Total liabilities 2,969,864 2,966,686
Commitments and Contingencies
Stockholders' Equity    
Common stock - No par value 20,000,000 shares authorized; issued and outstanding 14,564,425 shares 3/31/24 and 12/31/23 135,482 135,515
Treasury stock - 881,155 shares 3/31/24, 899,784 shares 12/31/23 (10,851) (11,040)
Retained earnings 223,648 221,080
Accumulated other comprehensive loss (30,589) (29,012)
Total stockholders' equity 317,690 316,543
Total Liabilities and Stockholders' Equity $ 3,287,554 $ 3,283,229