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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 46,314 $ 35,257
Interest-bearing deposits in banks 144,491 83,487
Federal funds sold 13,000 67,000
Cash and cash equivalents 203,805 185,744
Certificates of deposit in banks 4,218 4,218
Securities held-to-maturity, at amortized cost (fair value of $96,519 and $96,938, respectively) 119,717 122,061
Securities available-for-sale, at fair value (amortized cost of $685,564 and $690,891, respectively) 618,234 610,864
Loans held for sale 6,273 6,812
Loans, net of deferred fees and discounts 2,563,979 2,486,822
Less allowance for credit losses (33,551) (32,088)
Net loans 2,530,428 2,454,734
Premises and equipment, net 45,917 45,658
Accrued interest receivable 15,955 15,965
Bank owned life insurance 50,607 49,791
Foreclosed assets 1,777 130
Deferred income taxes, net 27,855 30,802
Core deposit intangible 719 932
Goodwill 27,817 27,817
Restricted equity securities 10,257 12,651
Other assets 23,927 14,027
Total assets 3,687,506 3,582,206
Liabilities and Shareholders' Equity    
Noninterest-bearing deposits 650,218 654,229
Interest-bearing deposits 2,572,239 2,412,930
Total deposits 3,222,457 3,067,159
Securities sold under agreements to repurchase 0 22,664
Federal Home Loan Bank advances 150,000 205,000
Subordinated debentures, net of loan costs 39,598 39,563
Accrued interest payable and other liabilities 16,171 15,665
Total liabilities 3,428,226 3,350,051
Common stock related to 401(k) Employee Stock Ownership Plan 5,619 5,099
Stockholders' Equity    
Common stock ($1 par value; 15,000,000 shares authorized; 7,795,239 and 7,680,061 shares issued; 7,755,916 and 7,628,192 shares outstanding at June 30, 2025 and December 31, 2024, respectively) 7,795 7,680
Additional paid-in capital 140,506 137,243
Retained earnings 168,172 151,817
Accumulated other comprehensive loss (52,030) (61,658)
Unvested restricted stock (3,843) (1,226)
Treasury stock at cost (39,323 and 51,869 shares, respectively) (1,320) (1,701)
Common stock related to 401(k) Employee Stock Ownership Plan (5,619) (5,099)
Total stockholders' equity 253,661 227,056
Total equity 259,280 232,155
Total liabilities and stockholders' equity $ 3,687,506 $ 3,582,206