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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 10,051 $ 8,042
Interest-bearing deposits at other financial institutions 167,575 52,480
Securities held-to-maturity (fair value of $260 thousand and $252 thousand at September 30, 2024 and December 31, 2023, respectively), net of allowance for credit losses of $0 and $0 at September 30, 2024 and December 31, 2023, respectively. 265 264
Securities available-for-sale, at fair value 165,031 171,595
Restricted stock, at cost 8,186 9,488
Loans, net of allowance for credit losses of $19.1 million and $18.9 million at September 30, 2024 and December 31, 2023, respectively 1,855,879 1,809,693
Premises and equipment, net 866 997
Accrued interest receivable 10,688 10,321
Prepaid expenses 3,993 3,506
Deferred tax assets, net 14,482 14,823
Goodwill and intangibles, net 7,457 7,585
Bank owned life insurance 9,148 56,823
Operating lease right-of-use assets 7,097 8,395
Other assets 32,564 36,546
Total assets 2,293,282 2,190,558
Deposits:    
Nonnterest-bearing 357,028 396,724
Interest-bearing checking 615,839 576,471
Deposits, Savings Deposits 491,496 320,498
Time deposits 246,527 306,349
Total deposits 1,960,767 1,845,292
Other borrowed funds 57,000 85,000
Subordinated notes, net of issuance costs 19,666 19,620
Accrued interest payable 3,313 2,415
Operating lease liabilities 7,727 9,241
Reserves for unfunded commitments 510 602
Accrued expenses and other liabilities 13,469 11,271
Total liabilities 2,062,452 1,973,441
Commitments and Contingent Liabilities
Stockholders' Equity    
Preferred stock, $0.01 par value 0 0
Common stock, $0.01 par value 182 178
Additional paid-in capital 127,302 125,209
Retained earnings 126,067 115,890
Accumulated other comprehensive (loss), net (22,721) (24,160)
Total stockholders' equity 230,830 217,117
Total liabilities and stockholders' equity 2,293,282 2,190,558
Debt Securities, Held-to-Maturity, Fair Value 260 252
Deposits, Wholesale $ 249,877 $ 245,250