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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets    
Cash and due from banks $ 49,014 $ 42,083
Interest-bearing deposits with banks 112,122 107,691
Cash and cash equivalents 161,136 149,774
Restricted investments in bank stocks 23,984 26,717
Securities available-for-sale (amortized cost of $973,220 and $972,138 at March 31, 2026 and December 31, 2025, respectively) 947,018 952,740
Loans held for sale, at fair value 3,366 6,090
Loans 4,061,319 4,020,693
Less: Allowance for credit losses (47,463) (47,681)
Net loans 4,013,856 3,973,012
Premises and equipment, net 50,532 51,029
Cash surrender value of life insurance 145,964 146,994
Goodwill 69,751 69,751
Other intangible assets, net 35,751 37,990
Accrued interest receivable 21,176 21,473
Deferred tax assets, net 32,802 33,931
Other assets 71,636 72,754
Total assets 5,576,972 5,542,255
Deposits:    
Noninterest-bearing 882,588 870,906
Interest-bearing 3,744,836 3,657,868
Total deposits 4,627,424 4,528,774
Securities sold under agreements to repurchase and federal funds purchased 19,264 24,542
FHLB advances and other borrowings 206,694 274,701
Subordinated notes and trust preferred debt 37,274 37,122
Other liabilities 83,132 85,581
Total liabilities 4,973,788 4,950,720
Commitments and contingencies
Shareholders’ Equity    
Preferred stock, $1.25 par value per share; 500,000 shares authorized; no shares issued or outstanding 0 0
Common stock, no par value—$0.05205 stated value per share; 50,000,000 shares authorized; 19,711,628 shares issued and 19,611,427 outstanding at March 31, 2026; 19,711,628 shares issued and 19,507,208 outstanding at December 31, 2025 1,026 1,026
Additional paid - in capital 422,663 424,596
Retained earnings 202,704 186,752
Accumulated other comprehensive loss (19,720) (15,201)
Treasury stock—100,201 and 204,420 shares, at cost at March 31, 2026 and December 31, 2025, respectively (3,489) (5,638)
Total shareholders’ equity 603,184 591,535
Total liabilities and shareholders’ equity $ 5,576,972 $ 5,542,255