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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 22,404 $ 25,339
Federal funds sold and interest-bearing deposits in banks 59,598 57,983
Cash and cash equivalents 82,002 83,322
Investment securities available-for-sale 376,580 407,382
Investment securities held-to-maturity, at amortized cost (fair value $393,359 and $405,576, respectively) 442,945 449,031
Other investments 18,491 16,868
Loans held for sale 40,132 27,958
Loans, net of unearned income 1,865,574 1,883,470
Allowance for credit losses (18,806) (18,371)
Loans, net 1,846,768 1,865,099
Premises and equipment 38,343 39,870
Other real estate owned 582 448
Goodwill 48,923 48,923
Other intangible assets 3,535 4,192
Bank-owned life insurance 57,173 56,925
Deferred income taxes, net 24,164 25,405
Other assets 28,269 27,999
Total assets 3,007,907 3,053,422
Deposits    
Noninterest-bearing 437,623 498,992
Interest-bearing 2,022,602 2,045,798
Total deposits 2,460,225 2,544,790
Federal Home Loan Bank advances 205,000 175,000
Other borrowings 62,992 63,445
Other liabilities 14,947 15,252
Total liabilities 2,743,164 2,798,487
Stockholders' equity:    
Preferred stock, stated value $1,000; 10,000,000 shares authorized, none issued or outstanding as of June 30, 2024 and December 31, 2023, respectively 0 0
Common stock, par value $1.00 per share; 50,000,000 shares authorized, 17,538,611 and 17,564,182 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively 17,539 17,564
Paid in capital 169,132 168,614
Retained earnings 131,256 124,400
Accumulated other comprehensive loss, net of tax (53,184) (55,643)
Total stockholders' equity 264,743 254,935
Total liabilities and stockholders' equity $ 3,007,907 $ 3,053,422