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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 89,643 $ 92,300
Interest-bearing deposits in banks 80,023 201,131
Total cash and cash equivalents 169,666 293,431
Interest earning time deposits 0 735
Investment securities, available for sale 231,431 233,677
Investment securities, held to maturity (fair value of $1,550,127 and $1,566,268) 1,843,851 1,867,690
Loans held for sale 3,253 67,597
Loans, net of allowance for credit losses of and $52,654 and $51,980 4,857,161 4,795,060
Premises and equipment, net 93,499 93,864
Federal Home Loan Bank stock 45,412 53,826
Goodwill 155,211 155,211
Other intangible assets 9,407 10,223
Interest receivable 38,663 39,747
Cash value of life insurance 37,409 37,450
Other assets 143,675 152,635
Total assets 7,628,638 7,801,146
Deposits    
Non-interest bearing 1,127,324 1,064,818
Interest bearing 4,638,459 4,535,834
Total deposits 5,765,783 5,600,652
Short and long term borrowings 900,069 1,232,252
Subordinated notes 55,772 55,738
Junior subordinated debentures issued to capital trusts 57,531 57,477
Interest payable 11,441 11,137
Other liabilities 61,981 80,308
Total liabilities 6,852,577 7,037,564
Commitments and contingent liabilities
Stockholders’ Equity    
Preferred stock, Authorized, 1,000,000 shares, Issued 0 shares 0 0
Common stock, no par value, Authorized 99,000,000 shares 44,097,291 and 44,226,819 shares issued at March 31, 2025 and December 31, 2024, respectively 0 0
Additional paid-in capital 360,522 363,761
Retained earnings 452,945 436,122
Accumulated other comprehensive income (loss) (37,406) (36,301)
Total stockholders’ equity 776,061 763,582
Total liabilities and stockholders’ equity $ 7,628,638 $ 7,801,146