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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets:    
Cash and due from banks $ 27,781 $ 29,481
Interest-earning deposits with correspondent banks 60,090 61,375
Short-term investments 12,313 12,878
Mortgage loans held for sale, measured at fair value 32,127 35,833
Available for sale debt securities, fair value 911,958 940,342
Federal Home Loan Bank stock, at cost 28,273 29,473
Loans:    
Total loans [1] 5,014,885 5,134,388
Less: allowance for credit losses on loans 41,126 37,236
Net loans 4,973,759 5,097,152
Premises and equipment, net 25,900 25,402
Operating lease right-of-use assets 35,855 35,904
Investment in bank-owned life insurance 116,010 115,126
Goodwill 63,909 63,909
Identifiable intangible assets, net 4,148 4,303
Other assets 167,073 170,516
Total assets 6,459,196 6,621,694
Liabilities:    
Noninterest-bearing deposits 585,415 595,092
Interest-bearing deposits 4,579,218 4,674,898
Total deposits 5,164,633 5,269,990
Federal Home Loan Bank advances 576,000 626,000
Junior subordinated debentures 22,681 22,681
Operating lease liabilities 38,724 38,726
Other liabilities 110,385 120,713
Total liabilities 5,912,423 6,078,110
Commitments and contingencies (Note 15)
Shareholders' Equity:    
Common stock 1,223 1,223
Paid-in capital 198,654 198,323
Retained earnings 444,508 442,741
Accumulated other comprehensive income (loss) (78,435) (79,309)
Treasury stock, at cost (19,177) (19,394)
Total shareholders' equity 546,773 543,584
Total liabilities and shareholders’ equity $ 6,459,196 $ 6,621,694
[1] Includes net unamortized loan origination costs of $11.3 million and $11.0 million, respectively, at March 31, 2026 and December 31, 2025 and net unamortized premiums on loans purchased from and serviced by other financial institutions of $193 thousand and $198 thousand, respectively, at March 31, 2026 and December 31, 2025.