XML 19 R3.htm IDEA: XBRL DOCUMENT v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 27,307 $ 26,045
Interest-bearing deposits in banks and federal funds sold 230,333 204,989
Cash and cash equivalents 257,640 231,034
Investment securities available-for-sale, at fair value (amortized cost $412,395 and $409,380, respectively) 383,817 366,049
Investment securities held-to-maturity, at amortized cost (fair value $354,290 and $383,020, respectively) 386,618 430,077
Other investments 19,176 17,694
Loans held for sale 78,990 39,786
Loans 2,381,224 1,842,980
Allowance for credit losses (23,014) (18,980)
Loans, net 2,358,210 1,824,000
Premises and equipment 37,045 37,831
Other real estate owned 1,048 202
Goodwill 63,873 48,923
Other intangible assets 7,851 2,975
Bank-owned life insurance 68,457 57,970
Deferred income taxes, net 19,582 21,891
Other assets 53,094 31,350
Total assets 3,735,401 3,109,782
Deposits    
Noninterest-bearing 526,803 462,283
Interest-bearing 2,540,718 2,105,660
Total deposits 3,067,521 2,567,943
Federal Home Loan Bank advances 194,972 185,000
Other borrowed money 63,132 63,039
Other liabilities 33,856 15,125
Total liabilities 3,359,481 2,831,107
Commitments and Contingencies (Note 15)
Stockholders’ equity:    
Preferred stock, no par value; 10,000,000 shares authorized, none issued or outstanding as of December 31, 2025 and 2024, respectively 0 0
Common stock, par value $1.00 per share; 50,000,000 shares authorized, 21,251,695 and 17,519,884 shares issued and outstanding as of December 31, 2025 and 2024, respectively 21,252 17,520
Paid-in capital 228,577 168,353
Retained earnings 160,584 140,369
Accumulated other comprehensive loss, net of tax (34,493) (47,567)
Total stockholders’ equity 375,920 278,675
Total liabilities and stockholders’ equity $ 3,735,401 $ 3,109,782