XML 10 R2.htm IDEA: XBRL DOCUMENT v3.25.2
Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 72,190 $ 54,958
Interest-bearing deposits in bank 20,844 32,363
Total cash and cash equivalents 93,034 87,321
Securities available for sale, at fair value (amortized cost of $962,685 and $972,720, respectively) 916,149 911,105
Securities held to maturity, at amortized cost (net of allowance for credit losses of $2) (fair value of $81,555 and $104,556, respectively) 92,119 116,001
Loans held for sale 2,356 2,280
Loans (net of allowance for credit losses of $47,291 and $48,041, respectively) 4,488,711 4,431,163
Company owned life insurance 171,569 166,880
Premises and equipment, net 39,726 39,866
Goodwill and other intangible assets, net 60,546 60,758
Other assets 279,556 301,711
Total assets 6,143,766 6,117,085
Deposits:    
Noninterest-bearing demand 940,341 950,351
Interest-bearing demand 704,871 705,195
Savings and money market 1,898,302 1,904,013
Time deposits 1,612,500 1,545,172
Total deposits 5,156,014 5,104,731
Short-term borrowings 101,000 99,000
Long-term borrowings, net of issuance costs of $40and $158, respectively 114,960 124,842
Other liabilities 170,124 219,528
Total liabilities 5,542,098 5,548,101
Shareholders’ equity:    
Total preferred equity 17,285 17,285
Common stock, $0.01 par value; 50,000,000 shares authorized; 20,699,556 shares issued 207 207
Additional paid-in capital 232,968 233,421
Retained earnings 409,888 388,665
Accumulated other comprehensive loss (42,214) (52,604)
Treasury stock, at cost, 571,981 and 622,984 shares, respectively (16,466) (17,990)
Total shareholders’ equity 601,668 568,984
Total liabilities and shareholders’ equity 6,143,766 6,117,085
Series A 3% Preferred Stock [Member]    
Shareholders’ equity:    
Total preferred equity 143 143
Series B-1 8.48% Preferred Stock [Member]    
Shareholders’ equity:    
Total preferred equity $ 17,142 $ 17,142