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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 140,917 $ 83,085
Federal funds sold 1,284 1,324
Total cash and cash equivalents 142,201 84,409
Interest-bearing time deposits 2,740 4,442
Securities - available-for-sale 358,478 390,789
Other securities, at cost 17,138 9,799
Loans held for sale 1,576 827
Loans, net of allowance for credit losses of $25,024 and $20,313 2,556,167 2,336,074
Premises and equipment 35,790 28,381
Construction in progress 8 278
Goodwill 86,358 86,358
Loan servicing rights 5,648 3,549
Bank owned life insurance 33,907 33,073
Other assets 43,218 37,372
Total Assets 3,283,229 3,015,351
Deposits    
Noninterest-bearing 528,465 532,794
Interest-bearing    
NOW accounts 816,790 750,887
Savings 599,191 627,203
Time 663,017 557,980
Total deposits 2,607,463 2,468,864
Federal funds purchased and securities sold under agreement to repurchase 28,218 54,206
Federal Home Loan Bank (FHLB) advances 265,750 127,485
Other borrowings   10,000
Subordinated notes, net of unamortized issuance costs 34,702 34,586
Dividend payable 2,974 2,832
Accrued expenses and other liabilities 27,579 19,238
Total liabilities 2,966,686 2,717,211
Commitments and Contingencies
Stockholders' Equity    
Common stock - No par value 20,000,000 shares authorized; issued and outstanding 14,564,425 shares 12/31/23 and 12/31/22 135,515 135,497
Treasury stock - 899,784 shares 12/31/23 and 956,003 shares 12/31/22 (11,040) (11,573)
Retained earnings 221,080 212,449
Accumulated other comprehensive loss (29,012) (38,233)
Total stockholders' equity 316,543 298,140
Total Liabilities and Stockholders' Equity $ 3,283,229 $ 3,015,351