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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
 [1]
Assets    
Cash and due from banks $ 8,094 $ 3,056
Interest-bearing deposits in other banks 621,123 407,683
Total cash and cash equivalents 629,217 410,739
Securities available for sale, at fair value 479,205 358,329
Securities held to maturity, at carrying value, net of allowance for credit losses of $175 and $202, respectively (fair value of $277,981 and $278,951, respectively) 295,400 300,451
Equity securities, at fair value 527 515
Restricted securities, at cost 3,023 2,886
Loans held for sale 0 316
Loans, net of allowance for credit losses of $4,476 and $4,514, respectively 297,526 308,773
Premises and equipment, net of accumulated depreciation of $7,405 and $7,285, respectively 11,156 9,587
Accrued interest receivable 6,416 4,231
Other assets 4,390 5,297
Total assets 1,726,860 1,401,124
Deposits:    
Noninterest-bearing 1,243,170 913,379
Savings, interest-bearing checking and money market accounts 313,969 324,845
Time, $250 and over 6,011 6,510
Other time 5,242 5,201
Total deposits 1,568,392 1,249,935
Accrued interest payable 61 46
Accrued expenses and other liabilities 6,902 6,897
Total liabilities 1,575,355 1,256,878
Commitments and contingencies
Stockholders’ equity    
Preferred stock: No par value, 100,000 shares authorized, no shares issued and outstanding 0 0
Additional paid-in capital 74,785 74,785
Retained earnings 83,248 77,641
Accumulated other comprehensive loss (6,593) (8,245)
Total stockholders’ equity 151,505 144,246
Total liabilities and stockholders’ equity 1,726,860 1,401,124
Class A Common Stock    
Stockholders’ equity    
Class A and B Common Stock 31 30
Class B Common Stock    
Stockholders’ equity    
Class A and B Common Stock $ 34 $ 35
[1] Derived from audited consolidated financial statements.