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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 26,093 $ 26,045
Interest-bearing deposits in banks and federal funds sold 195,112 204,989
Cash and cash equivalents 221,205 231,034
Investment securities available-for-sale, at fair value (amortized cost $418,667 and $409,380, respectively) 380,705 366,049
Investment securities held-to-maturity, at amortized cost (fair value $380,511 and $383,020, respectively) 421,894 430,077
Other investments 17,822 17,694
Loans held for sale 24,844 39,786
Loans, net of unearned income 1,921,263 1,842,980
Allowance for credit losses (19,997) (18,980)
Loans, net 1,901,266 1,824,000
Premises and equipment 36,433 37,831
Other real estate owned 522 202
Goodwill 48,923 48,923
Other intangible assets 2,702 2,975
Bank-owned life insurance 58,382 57,970
Deferred income taxes, net 20,404 21,891
Other assets 36,723 31,350
Total assets 3,171,825 3,109,782
Deposits    
Noninterest-bearing 449,818 462,283
Interest-bearing 2,172,713 2,105,660
Total deposits 2,622,531 2,567,943
Federal Home Loan Bank advances 185,000 185,000
Other borrowings 63,062 63,039
Other liabilities 14,307 15,125
Total liabilities 2,884,900 2,831,107
Stockholders' equity:    
Preferred stock, stated value $1,000; 10,000,000 shares authorized, none issued or outstanding as of March 31, 2025 and December 31, 2024, respectively 0 0
Common stock, par value $1.00 per share; 50,000,000 shares authorized, 17,481,709 and 17,519,884 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 17,482 17,520
Paid in capital 167,876 168,353
Retained earnings 144,967 140,369
Accumulated other comprehensive loss, net of tax (43,400) (47,567)
Total stockholders' equity 286,925 278,675
Total liabilities and stockholders' equity $ 3,171,825 $ 3,109,782