XML 13 R2.htm IDEA: XBRL DOCUMENT v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Cash and cash equivalents:    
Cash and due from banks $ 10,907 $ 9,755
Interest-bearing deposits in other financial institutions 253,144 190,526
Total cash and cash equivalents 264,051 200,281
Available-for-sale debt securities, at fair value (amortized cost of $41,937 and $45,623, respectively) 41,939 45,607
Held-to-maturity debt securities, net of allowance for credit losses of $83 and $74 (fair value of $90,775 and $90,635), respectively 95,030 94,970
Correspondent bank stock, at cost 6,424 6,764
Mortgage loans held for sale, at fair value 28,426 40,176
Loans (includes $2,468 and $3,182 measured at fair value, respectively) 2,690,115 2,650,423
Allowance for credit losses (20,801) (21,441)
Total, net 2,669,314 2,628,982
Premises and equipment, net 25,704 25,687
Accrued interest receivable 11,582 11,209
Accounts receivable 5,461 4,579
Other receivables 1,318 2,444
Other real estate owned, net 0 3,040
Goodwill and other intangible assets, net 31,373 31,422
Deferred tax assets, net 3,073 4,003
Company-owned life insurance 17,532 17,416
Other assets 39,490 38,401
Total assets 3,240,717 3,154,981
Deposits:    
Noninterest-bearing 380,072 344,969
Interest-bearing 2,461,543 2,401,606
Total deposits 2,841,615 2,746,575
Borrowings:    
Federal Home Loan Bank and Federal Reserve borrowings 50,006 62,841
Subordinated notes 44,810 44,772
Accrued interest payable 1,593 1,295
Other liabilities 29,328 33,938
Total liabilities 2,967,352 2,889,421
Shareholders' Equity    
Preferred stock - no par value; 10,000,000 shares authorized; 0 issued and outstanding 0 0
Common stock - no par value; 90,000,000 shares authorized; 9,728,968 and 9,725,731 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 0 0
Additional paid-in capital 194,692 194,166
Retained earnings 78,911 72,703
Accumulated other comprehensive loss (238) (1,309)
Total shareholders’ equity 273,365 265,560
Total liabilities and shareholders’ equity $ 3,240,717 $ 3,154,981