XML 169 R2.htm IDEA: XBRL DOCUMENT v3.25.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Cash and cash equivalents:    
Cash and due from banks $ 44,947 $ 34,266
Interest-earning deposits with other banks 35,890 37,896
Total cash and cash equivalents 80,837 72,162
Securities:    
Available-for-sale debt securities 597,424 521,018
Less: Allowance for credit losses on available-for-sale debt securities   (568)
Net securities 597,424 520,450
Federal Home Loan Bank stock 11,308 12,237
Loans held for sale 5,283 1,235
Total loans held for investment 3,605,859 3,147,096
Less: Allowance for credit losses (34,052) (28,744)
Net loans held for investment 3,571,807 3,118,352
Premises and equipment, net 58,188 51,237
Other real estate owned 0 0
Goodwill 141,819 119,477
Other intangible assets 16,407 3,938
Cash surrender value of bank-owned life insurance 96,250 81,858
Deferred tax assets, net 29,926 23,330
Other assets 74,642 79,051
Total assets 4,683,891 4,083,327
Deposits:    
Non-interest bearing demand 670,786 575,649
Interest-bearing demand 1,137,730 910,191
Savings 635,329 545,816
Money market 464,843 405,758
Time 912,594 830,274
Total deposits 3,821,282 3,267,688
Borrowings:    
Senior 216,818 249,981
Subordinated 52,825 40,620
Total borrowings 269,643 290,601
Other liabilities 60,425 66,610
Total liabilities 4,151,350 3,624,899
Shareholders' equity    
Capital stock, par value $2.00; authorized 30,000,000 and 20,000,000 shares; issued 17,734,817 and 16,428,388 shares; outstanding 16,702,063 shares and 15,279,783 shares at December 31, 2025 and December 31, 2024, respectively 35,470 32,857
Additional paid-in capital 233,335 194,607
Retained earnings 314,372 297,857
Accumulated other comprehensive loss (35,409) (51,536)
Less: 1,032,754 and 1,148,605 shares of treasury stock, at cost, at December 31, 2025 and December 31, 2024, respectively (15,227) (15,357)
Total shareholders' equity 532,541 458,428
Total liabilities and shareholders' equity $ 4,683,891 $ 4,083,327