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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS:    
Cash and due from banks $ 48,329 $ 61,586
Interest-bearing deposits with banks 343,778 233,237
Federal funds sold 85,834 57,448
Total cash and cash equivalents 477,941 352,271
Securities available-for-sale, at fair value, post ASU 2019-04 474,347 408,410
Securities held-to-maturity, at amortized cost, post ASU 2019-04 180,169 281,236
Other investments 13,718 13,662
Loans held for sale 4,861 4,418
Total loans and leases 3,477,555 3,444,462
Less: Allowance for credit losses (34,203) (35,066)
Loans and leases, net 3,443,352 3,409,396
Premises and equipment, net 92,694 92,963
Other real estate owned 696 517
Goodwill and other intangibles, net 106,537 107,148
Bank owned life insurance 83,957 83,434
Other assets 76,418 75,932
Total assets 4,954,690 4,829,387
Deposits:    
Noninterest-bearing demand 907,254 898,044
Interest-bearing demand 996,298 1,006,915
Money market and savings 1,952,410 1,812,427
Time deposits 538,159 550,468
Total deposits 4,394,121 4,267,854
Borrowings 9,849 13,078
Subordinated debt 42,120 42,099
Other liabilities 41,804 46,470
Total liabilities 4,487,894 4,369,501
Shareholders' equity:    
Preferred stock, $1 par value; 2,000,000 shares authorized; No shares issued and outstanding
Common stock, $1 par value; 40,000,000 shares authorized; 17,056,704 and 16,988,879 shares issued and outstanding, respectively 17,057 16,989
Additional paid-in capital 296,061 295,699
Retained earnings 181,103 173,105
Accumulated other comprehensive income (loss) (27,425) (25,907)
Total shareholders' equity 466,796 459,886
Total liabilities and shareholders' equity $ 4,954,690 $ 4,829,387