Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
Assets
Cash and due from banks	$ 9,261	$ 9,249
Interest-bearing deposits	437,100	457,161
Total cash and cash equivalents	446,361	466,410
Total available-for-sale securities	644,657	587,355
Held-to-maturity, debt securities, after allowance for credit loss	271,737	249,796
Loans held-for-sale	126,533	54,695
Loans	4,362,562	4,170,646
Allowance for credit losses - loans	(46,517)	(44,769)
Net loans	4,316,045	4,125,877
Accrued interest receivable	31,227	28,180
Federal Home Loan Bank of Indianapolis stock	28,350	28,350
Cash surrender value of bank-owned life insurance	41,961	41,394
Premises and equipment, net	69,930	71,453
Goodwill	4,687	4,687
Servicing asset, at fair value	16,736	16,389
Other real estate owned	1,730	272
Accrued income and other assets	72,619	63,001
Total assets	6,072,573	5,737,859
Liabilities and Shareholders’ Equity
Noninterest-bearing deposits	145,166	136,451
Interest-bearing deposits	5,153,623	4,796,755
Total deposits	5,298,789	4,933,206
Advances from Federal Home Loan Bank	264,500	295,000
Subordinated debt, net of unamortized debt issuance costs of $1,693 and $1,850 in 2025 and 2024, respectively	105,307	105,150
Accrued interest payable	1,614	2,495
Accrued expenses and other liabilities	12,124	17,945
Total liabilities	5,682,334	5,353,796
Commitments and Contingencies
Shareholders’ Equity
Preferred stock, no par value; 4,913,779 shares authorized; issued and outstanding - none	0	0
Retained earnings	230,690	230,622
Accumulated other comprehensive loss	(26,567)	(32,653)
Total shareholders’ equity	390,239	384,063
Total liabilities and shareholders’ equity	6,072,573	5,737,859
Voting Common Stock
Shareholders’ Equity
Common stock	186,116	186,094
Nonvoting Common Stock
Shareholders’ Equity
Common stock	$ 0	$ 0