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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS:    
Cash and due from banks $ 65,109 $ 61,586
Interest-bearing deposits with banks 125,298 233,237
Federal funds sold 2,507 57,448
Total cash and cash equivalents 192,914 352,271
Securities available-for-sale, at fair value, post ASU 2019-04 501,336 408,410
Securities held-to-maturity, at amortized cost, post ASU 2019-04 127,779 281,236
Other investments 20,352 13,662
Loans held for sale 5,804 4,418
Total loans and leases 3,717,478 3,444,462
Less: Allowance for credit losses (35,609) (35,066)
Loans and leases, net 3,681,869 3,409,396
Premises and equipment, net 91,055 92,963
Other real estate owned 179 517
Goodwill and other intangibles, net 105,324 107,148
Bank owned life insurance 105,025 83,434
Other assets 77,297 75,932
Total assets 4,908,934 4,829,387
Deposits:    
Noninterest-bearing demand 863,949 898,044
Interest-bearing demand 834,207 1,006,915
Money market and savings 1,854,777 1,812,427
Time deposits 769,558 550,468
Total deposits 4,322,491 4,267,854
Borrowings 8,997 13,078
Subordinated debt 39,663 42,099
Other liabilities 48,760 46,470
Total liabilities 4,419,911 4,369,501
Commitments and contingent liabilities
Shareholders' equity:    
Preferred stock, $1 par value; 2,000,000 shares authorized; No shares issued and outstanding
Common stock, $1 par value; 40,000,000 shares authorized; 16,926,374 and 16,988,879 shares issued and outstanding, respectively 16,926 16,989
Additional paid-in capital 293,909 295,699
Retained earnings 195,537 173,105
Accumulated other comprehensive income (loss) (17,349) (25,907)
Total shareholders' equity 489,023 459,886
Total liabilities and shareholders' equity $ 4,908,934 $ 4,829,387