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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 56,006 $ 54,114
Interest-bearing deposits in banks 480,294 304,968
Cash and cash equivalents 536,300 359,082
Securities available for sale 571,527 577,240
Loans held for sale ($11,127 and $13,791 at fair value at March 31, 2025 and December 31, 2024, respectively) 13,931 20,542
Loans held for investment 3,075,860 3,055,054
Allowance for credit losses on loans (42,968) (43,237)
Loans held for investment, net 3,032,892 3,011,817
Accrued interest receivable 17,743 21,687
Premises and equipment, net 50,873 52,951
Bank-owned life insurance 76,459 76,054
Goodwill 19,315 19,315
Intangible assets, net 1,569 1,720
Mortgage servicing rights 24,906 26,292
Deferred tax asset, net 21,944 22,840
Other assets 37,750 42,699
Total assets 4,405,209 4,232,239
Deposits:    
Noninterest-bearing 966,464 935,510
Interest-bearing 2,826,055 2,685,366
Total deposits 3,792,519 3,620,876
Accrued expenses and other liabilities 58,547 62,060
Subordinated debt 64,007 63,961
Junior subordinated deferrable interest debentures 46,393 46,393
Total liabilities 3,961,466 3,793,290
Stockholders' equity:    
Common stock, $1.00 par value per share, 30,000,000 shares authorized; 16,235,647 and 16,455,826 issued and outstanding at March 31, 2025 and December 31, 2024, respectively 16,236 16,456
Additional paid-in capital 89,799 97,287
Retained earnings 395,652 385,827
Accumulated other comprehensive loss (57,944) (60,621)
Total stockholders' equity 443,743 438,949
Total liabilities and stockholders' equity $ 4,405,209 $ 4,232,239