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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 23,248 $ 25,339
Federal funds sold and interest-bearing deposits in banks 121,605 57,983
Cash and cash equivalents 144,853 83,322
Investment securities available-for-sale, at fair value (amortized cost $406,797 and $455,294, respectively) 370,008 407,382
Investment securities held-to-maturity, at amortized cost (fair value $406,182 and $405,576, respectively) 440,706 449,031
Other investments 17,712 16,868
Loans held for sale 27,760 27,958
Loans, net of unearned income 1,886,037 1,883,470
Allowance for credit losses (19,663) (18,371)
Loans, net 1,866,374 1,865,099
Premises and equipment 37,983 39,870
Other real estate owned 227 448
Goodwill 48,923 48,923
Other intangible assets 3,249 4,192
Bank-owned life insurance 57,556 56,925
Deferred income taxes, net 21,166 25,405
Other assets 28,586 27,999
Total assets 3,065,103 3,053,422
Deposits    
Noninterest-bearing 439,892 498,992
Interest-bearing 2,085,078 2,045,798
Total deposits 2,524,970 2,544,790
Federal Home Loan Bank advances 185,000 175,000
Other borrowings 63,016 63,445
Other liabilities 16,065 15,252
Total liabilities 2,789,051 2,798,487
Stockholders' equity:    
Preferred stock, stated value $1,000; 10,000,000 shares authorized, none issued or outstanding as of September 30, 2024 and December 31, 2023, respectively 0 0
Common stock, par value $1.00 per share; 50,000,000 shares authorized, 17,554,884 and 17,564,182 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively 17,555 17,564
Paid in capital 168,599 168,614
Retained earnings 134,910 124,400
Accumulated other comprehensive loss, net of tax (45,012) (55,643)
Total stockholders' equity 276,052 254,935
Total liabilities and stockholders' equity $ 3,065,103 $ 3,053,422