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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 65,471 $ 58,242
Available-for-sale, at fair value 677,454 717,324
Held-to-maturity, at carrying value (allowance for credit losses on investments of $218 June 30, 2023) 308,416 321,902
Loans held for sale 20,893 9,488
Loans 2,533,522 2,443,994
Allowance for credit losses on loans (35,696) (31,146)
Net loans 2,497,826 2,412,848
Land, premises and equipment, net 17,488 17,288
Operating lease right-of-use assets 6,440 5,419
Accrued interest receivable 13,587 12,869
Bank-owned life insurance 32,793 33,991
Goodwill 47,087 47,087
Other intangible assets 19,806 22,455
Servicing rights 2,351 2,643
Deferred income taxes, net 43,709 42,369
Other assets 79,657 75,712
Total assets 3,832,978 3,779,637
Deposits    
Noninterest-bearing 715,534 860,987
Interest-bearing 2,137,321 2,054,497
Total deposits 2,852,855 2,915,484
Short-term borrowings 492,060 378,080
Long-term debt 58,900 58,843
Operating lease liabilities 6,746 5,902
Accrued expenses and other liabilities 64,732 64,456
Total liabilities 3,475,293 3,422,765
Stockholders' equity    
Preferred stock, $1 par value, 2,000,000 shares authorized: 0 issued and outstanding
Common stock, $1 par value, 30,000,000 shares authorized: 19,914,884 and 19,991,681 issued and outstanding 19,915 19,992
Additional paid-in capital 152,673 155,095
Retained earnings 285,839 280,426
Accumulated other comprehensive income (loss) (100,742) (98,641)
Total stockholders' equity 357,685 356,872
Total liabilities and stockholders' equity $ 3,832,978 $ 3,779,637