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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 43,079 $ 63,172
Interest-bearing deposits with other banks 71,481 309,241
Cash and cash equivalents 114,560 372,413
Investment securities:    
Investment securities - AFS 179,496 110,521
Held to maturity, net of allowance for credit losses of $116 (2024) and $94 (2023) (fair value of $444,258 (2024) and $457,830 (2023)) 503,822 513,188
Equity securities, at fair value 5,681 5,703
Restricted securities, at cost 17,863 17,900
Loans held for sale, at fair value 13,767 8,782
Less: allowance for credit losses (57,336) (57,351)
Loans, net 4,591,389 4,583,659
Premises and equipment, net 83,084 82,386
Goodwill 63,266 63,266
Other intangible assets, net 45,515 48,090
Other real estate owned, net 179 179
Repossessed properties 1,845 0
Mortgage servicing rights, at fair value 5,821 5,926
Right-of-use assets 12,153 12,487
Cash surrender value on life insurance 102,321 101,704
Accrued interest receivable 19,541 19,217
Deferred income taxes 38,978 40,707
Other assets 26,423 24,790
TOTAL ASSETS 5,825,704 6,010,918
Deposits:    
Noninterest-bearing 1,200,680 1,258,037
Interest-bearing 3,983,599 4,128,083
Total deposits 5,184,279 5,386,120
Guaranteed preferred beneficial interest in junior subordinated debentures ("TRUPS"), net 29,237 29,158
Subordinated debt, net 43,322 43,139
Total borrowings 72,559 72,297
Lease liabilities 12,552 12,857
Other liabilities 41,086 28,509
TOTAL LIABILITIES 5,310,476 5,499,783
STOCKHOLDERS' EQUITY    
Common stock, par value $.01 per share; shares authorized - 50,000,000; shares issued and outstanding - 33,210,522 (2024) and 33,161,532 (2023) 332 332
Additional paid in capital 356,464 356,007
Retained earnings 166,490 162,290
Accumulated other comprehensive loss (8,058) (7,494)
TOTAL STOCKHOLDERS' EQUITY 515,228 511,135
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 5,825,704 $ 6,010,918