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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and due from financial institutions $ 116,181,000 $ 97,150,000
Interest-bearing deposits in other financial institutions 406,256,000 14,894,000
Investment securities:    
Debt securities available-for-sale, at fair value 647,210,000 671,794,000
Held-to-maturity debt securities, fair value of: $565,178 at December 31, 2023 and $596,780 at December 31, 2022 632,338,000 664,883,000
Total investment securities 1,279,548,000 1,336,677,000
Loans held for sale 1,778,000 1,105,000
Loans 5,438,982,000 5,555,466,000
Allowance for credit losses 63,934,000 63,738,000
Loans, net of allowance for credit losses 5,375,048,000 5,491,728,000
Premises and equipment, net 96,184,000 91,634,000
Accrued interest receivable 21,511,000 20,345,000
Investment in unconsolidated entities 41,546,000 46,641,000
Mortgage servicing rights, net 8,696,000 9,074,000
Bank-owned life insurance 170,706,000 167,967,000
Federal Home Loan Bank of Des Moines ("FHLB") stock 6,793,000 9,146,000
Right-of-use lease asset 29,720,000 34,985,000
Other assets 88,829,000 111,417,000
Total assets 7,642,796,000 7,432,763,000
Deposits:    
Noninterest-bearing demand 1,913,379,000 2,092,823,000
Interest-bearing demand 1,329,189,000 1,453,167,000
Savings and money market 2,209,733,000 2,199,028,000
Time 1,395,291,000 991,205,000
Total deposits 6,847,592,000 6,736,223,000
FHLB advances and other short-term borrowings 0 5,000,000
Long-term debt, net of unamortized debt issuance costs of $445 at December 31, 2023 and $688 at December 31, 2022 156,102,000 105,859,000
Lease liability 30,634,000 35,889,000
Accrued interest payable 18,948,000 4,739,000
Other liabilities 85,705,000 92,182,000
Total liabilities 7,138,981,000 6,979,892,000
Contingent liabilities and other commitments (see Note 19)
Equity:    
Preferred stock, no par value, authorized 1,000,000 shares; issued and outstanding none at: December 31, 2023, and December 31, 2022 0 0
Common stock, no par value, authorized 185,000,000 shares; issued and outstanding 27,045,033 and 27,025,070 shares at December 31, 2023 and 2022, respectively 405,439,000 408,071,000
Additional paid-in capital 102,982,000 101,346,000
Retained earnings 117,990,000 87,438,000
Accumulated other comprehensive loss (122,596,000) (143,984,000)
Total shareholders' equity 503,815,000 452,871,000
Total liabilities and equity $ 7,642,796,000 $ 7,432,763,000