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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 63,298 $ 55,534
Interest earning deposits with financial institutions 52,469 44,611
Cash and cash equivalents 115,767 100,145
Securities available-for-sale, at fair value 1,190,854 1,192,829
Federal Home Loan Bank Chicago ("FHLBC") and Federal Reserve Bank Chicago ("FRBC") stock 30,205 33,355
Loans held-for-sale 2,447 1,322
Loans 3,991,078 4,042,953
Less: allowance for credit losses on loans 44,422 44,264
Net loans 3,946,656 3,998,689
Premises and equipment, net 82,768 79,310
Other real estate owned 8,202 5,123
Mortgage servicing rights, at fair value 9,726 10,344
Goodwill 86,478 86,478
Core deposit intangible 9,493 11,217
Bank-owned life insurance ("BOLI") 111,394 109,318
Deferred tax assets, net 22,032 31,077
Other assets 55,738 63,592
Total assets 5,671,760 5,722,799
Deposits:    
Noninterest bearing demand 1,669,000 1,834,891
Interest bearing:    
Savings, NOW, and money market 2,125,696 2,207,949
Time 670,728 527,906
Total deposits 4,465,424 4,570,746
Securities sold under repurchase agreements 53,866 26,470
Other short-term borrowings 335,000 405,000
Junior subordinated debentures 25,773 25,773
Subordinated debentures 59,446 59,382
Other liabilities 70,861 58,147
Total liabilities 5,010,370 5,145,518
Stockholders' Equity    
Common stock 44,908 44,705
Additional paid-in capital 204,969 202,223
Retained earnings 452,745 393,311
Accumulated other comprehensive loss (40,400) (62,781)
Treasury stock (832) (177)
Total stockholders' equity 661,390 577,281
Total liabilities and stockholders' equity $ 5,671,760 $ 5,722,799