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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and due from financial institutions $ 110,935 $ 77,774
Interest-bearing deposits in other financial institutions 206,035 303,167
Investment securities:    
Debt securities available-for-sale, at fair value 765,213 737,658
Debt securities held-to-maturity, at amortized cost; fair value of: $499,833 as of June 30, 2025 and $506,681 as of December 31, 2024 580,476 596,930
Total investment securities 1,345,689 1,334,588
Loans held for sale 0 5,662
Loans 5,289,809 5,332,852
Less: allowance for credit losses 59,611 59,182
Loans, net of allowance for credit losses 5,230,198 5,273,670
Premises and equipment, net 103,657 104,342
Accrued interest receivable 23,518 23,378
Investment in unconsolidated entities 49,370 52,417
Mortgage servicing rights, net 8,436 8,473
Bank-owned life insurance 177,639 176,216
Federal Home Loan Bank of Des Moines ("FHLB") and Federal Reserve Bank ("FRB") stock 24,816 6,929
Right-of-use lease assets 30,693 30,824
Other assets 58,581 74,656
Total assets 7,369,567 7,472,096
Deposits:    
Noninterest-bearing demand 1,938,226 1,888,937
Interest-bearing demand 1,336,620 1,338,719
Savings and money market 2,242,122 2,329,170
Time 1,028,021 1,087,185
Total deposits 6,544,989 6,644,011
Long-term debt, net of unamortized debt issuance costs 131,466 156,345
Lease liabilities 31,981 32,025
Accrued interest payable 8,755 10,051
Other liabilities 83,502 91,279
Total liabilities 6,800,693 6,933,711
Contingent liabilities and other commitments (see Note 17)
Equity:    
Preferred stock, no par value, authorized 1,000,000 shares; issued and outstanding: none as of June 30, 2025 and December 31, 2024 0 0
Common stock, no par value, authorized 185,000,000 shares; issued and outstanding: 26,981,436 as of June 30, 2025 and 27,065,570 as of December 31, 2024 399,823 404,494
Additional paid-in capital 106,033 105,054
Retained earnings 164,676 143,259
Accumulated other comprehensive loss (101,658) (114,422)
Total equity 568,874 538,385
Total liabilities and equity $ 7,369,567 $ 7,472,096