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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 70,180 $ 51,069
Interest bearing deposits 4,191 58,404
Cash and Cash Equivalents 74,371 109,473
Securities available for sale 779,347 1,412,830
Securities held to maturity (fair value of $335,418 at December 31, 2022 and zero at December 31, 2021) 374,818 0
Federal Home Loan Bank and Federal Reserve Bank stock, at cost 17,653 18,427
Loans held for sale, carried at fair value 26,518 55,470
Loans held for sale, carried at lower of cost or fair value 20,367 34,811
Financing Receivable, after Allowance for Credit Loss [Abstract]    
Loans 3,465,352 2,905,045
Allowance for credit losses (52,435) (47,252)
Net Loans 3,412,917 2,857,793
Other real estate and repossessed assets, net 455 245
Property and equipment, net 35,893 36,404
Bank-owned life insurance 55,204 55,279
Capitalized mortgage loan servicing rights, carried at fair value 42,489 26,232
Other intangibles 2,551 3,336
Goodwill 28,300 28,300
Accrued income and other assets 128,904 66,140
Total Assets 4,999,787 4,704,740
Deposits    
Non-interest bearing 1,269,759 1,321,601
Savings and interest-bearing checking 1,973,308 1,897,487
Reciprocal 602,575 586,626
Time 321,492 308,438
Brokered time 211,935 2,938
Total Deposits 4,379,069 4,117,090
Other borrowings 86,006 30,009
Subordinated debt 39,433 39,357
Subordinated debentures 39,660 39,592
Accrued expenses and other liabilities 108,023 80,208
Total Liabilities 4,652,191 4,306,256
Commitments and contingent liabilities
Shareholders’ Equity    
Preferred stock, no par value, 200,000 shares authorized; none issued or outstanding 0 0
Common stock, no par value, 500,000,000 shares authorized; issued and outstanding: 21,063,971 shares at December 31, 2022 and 21,171,036 shares at December 31, 2021 320,991 323,401
Retained earnings 119,368 74,582
Accumulated other comprehensive income (loss) (92,763) 501
Total Shareholders’ Equity 347,596 398,484
Total Liabilities and Shareholders’ Equity 4,999,787 4,704,740
Commercial    
Financing Receivable, after Allowance for Credit Loss [Abstract]    
Loans 1,466,853 1,203,581
Allowance for credit losses (13,817) (11,519)
Mortgage    
Financing Receivable, after Allowance for Credit Loss [Abstract]    
Loans 1,368,409 1,139,659
Allowance for credit losses (21,633) (19,221)
Installment    
Financing Receivable, after Allowance for Credit Loss [Abstract]    
Loans 630,090 561,805
Allowance for credit losses $ (4,290) $ (3,749)