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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 244,572 $ 140,917
Federal funds sold 932 1,284
Total cash and cash equivalents 245,504 142,201
Interest-bearing time deposits 2,727 2,740
Securities - available-for-sale 404,881 358,478
Other securities, at cost 15,028 17,138
Loans held for sale 1,706 1,576
Loans, net of allowance for credit losses of $25,484 and $25,024 2,512,852 2,556,167
Premises and equipment 33,779 35,790
Construction in progress 35 8
Goodwill 86,358 86,358
Loan servicing rights 5,644 5,648
Bank owned life insurance 34,624 33,907
Other assets 46,047 43,218
Total Assets 3,389,185 3,283,229
Deposits    
Noninterest-bearing 481,444 528,465
Interest-bearing    
NOW accounts 865,617 816,790
Savings 661,565 599,191
Time 676,187 663,017
Total deposits 2,684,813 2,607,463
Securities sold under agreements to repurchase 27,292 28,218
Federal Home Loan Bank (FHLB) advances 263,081 265,750
Subordinated notes, net of unamortized issuance costs 34,789 34,702
Dividend payable 2,998 2,974
Accrued expenses and other liabilities 40,832 27,579
Total liabilities 3,053,805 2,966,686
Commitments and Contingencies
Stockholders' Equity    
Common stock - No par value 20,000,000 shares authorized; issued 14,564,425 shares 9/30/24 and 12/31/23; outstanding 13,702,593 shares 9/30/24 and 13,664,641 shares 12/31/23 135,193 135,515
Treasury stock - 861,832 shares 9/30/24 and 899,784 shares 12/31/23 (10,904) (11,040)
Retained earnings 230,465 221,080
Accumulated other comprehensive loss (19,374) (29,012)
Total stockholders' equity 335,380 316,543
Total Liabilities and Stockholders' Equity $ 3,389,185 $ 3,283,229