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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 63,985 $ 69,973
Interest-bearing deposits 140,443 177,495
Cash and cash equivalents 204,428 247,468
Securities held to maturity, at amortized cost ($110,993 and $103,626 fair value at September 30, 2024 and December 31, 2023, respectively) 109,236 103,324
Securities available for sale, at fair value ($137,642 and $154,318 amortized cost at September 30, 2024 and December 31, 2023, respectively) 128,438 142,197
Loans held for sale 4,371 3,012
Loans 3,470,920 3,342,974
Allowance for credit losses - loans ("ACL-Loans") (45,212) (43,609)
Loans, net 3,425,708 3,299,365
Premises and equipment, net 69,710 69,891
Goodwill 175,106 175,106
Other investments 22,567 21,366
Cash value of life insurance 61,119 61,292
Core deposit intangibles, net 22,592 26,996
Mortgage servicing rights ("MSR") 13,351 13,668
Other real estate owned ("OREO") 712 2,573
Investment in minority-owned subsidiaries 34,747 32,926
Other assets 22,413 22,658
TOTAL ASSETS 4,294,498 4,221,842
Deposits:    
Interest-bearing deposits 2,463,084 2,382,185
Noninterest-bearing deposits 1,021,657 1,050,735
Total deposits 3,484,741 3,432,920
Securities sold under repurchase agreements   75,747
Notes payable 135,346 35,270
Subordinated notes 12,000 12,000
Junior subordinated debenture   4,124
Other liabilities 33,516 41,983
Total liabilities 3,665,603 3,602,044
Stockholders' equity:    
Serial preferred stock - $0.01 par value; Authorized - 5,000,000 shares
Common stock - $0.01 par value; Authorized - 20,000,000 shares; Issued - 11,515,130 shares as of September 30, 2024 and December 31, 2023; Outstanding - 10,011,248 and 10,365,131 shares as of September 30, 2024 and December 31, 2023, respectively 115 115
Additional paid-in capital 333,303 333,815
Retained earnings 384,936 348,001
Treasury stock, at cost - 1,503,702 and 1,149,999 shares as of September 30, 2024 and December 31, 2023, respectively (82,983) (53,387)
Accumulated other comprehensive loss (6,476) (8,746)
Total stockholders' equity 628,895 619,798
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 4,294,498 $ 4,221,842