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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 56,516 $ 51,069
Interest bearing deposits 2,970 58,404
Cash and Cash Equivalents 59,486 109,473
Securities available for sale 859,704 1,412,830
Securities held to maturity (fair value of $359,701 at June 30, 2022 and zero at December 31, 2021) 381,608 0
Federal Home Loan Bank and Federal Reserve Bank stock, at cost 17,653 18,427
Loans held for sale, carried at fair value 31,400 55,470
Loans held for sale, carried at lower of cost or fair value 0 34,811
Loans    
Loans 3,258,850 2,905,045
Allowance for credit losses (47,883) (47,252)
Net Loans 3,210,967 2,857,793
Other real estate and repossessed assets, net 508 245
Property and equipment, net 36,148 36,404
Bank-owned life insurance 55,088 55,279
Capitalized mortgage loan servicing rights, carried at fair value 39,477 26,232
Other intangibles 2,871 3,336
Goodwill 28,300 28,300
Accrued income and other assets 102,999 66,140
Total Assets 4,826,209 4,704,740
Deposits    
Non-interest bearing 1,357,824 1,321,601
Savings and interest-bearing checking 1,961,124 1,897,487
Reciprocal 615,204 586,626
Time 316,425 308,438
Brokered time 39,997 2,938
Total Deposits 4,290,574 4,117,090
Other borrowings 25,507 30,009
Subordinated debt 39,395 39,357
Subordinated debentures 39,626 39,592
Accrued expenses and other liabilities 99,973 80,208
Total Liabilities 4,495,075 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: 21,049,218 shares at June 30, 2022 and 21,171,036 shares at December 31, 2021 319,885 323,401
Retained earnings 96,252 74,582
Accumulated other comprehensive income (loss) (85,003) 501
Total Shareholders' Equity 331,134 398,484
Total Liabilities and Shareholders' Equity 4,826,209 4,704,740
Commercial [Member]    
Loans    
Loans 1,329,198 1,203,581
Allowance for credit losses (11,059) (11,519)
Mortgage [Member]    
Loans    
Loans [1] 1,284,169 1,139,659
Allowance for credit losses (20,313) (19,221)
Installment [Member]    
Loans    
Loans [1] 645,483 561,805
Allowance for credit losses $ (4,220) $ (3,749)
[1] Credit scores have been updated within the last twelve months.