Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION

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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and Due From Banks $ 72,114 $ 65,313
Federal Funds Sold and Interest Bearing Deposits 528,536 970,041
Total Cash and Cash Equivalents 600,650 1,035,354
Investment Securities, Available for Sale, at fair value (amortized cost of $455,232 and $660,732) 413,294 654,611
Investment Securities, Held to Maturity (fair value of $612,702 and $339,699) 660,744 339,601
Equity Securities 10 861
Total Investment Securities 1,074,048 995,073
Loans Held For Sale, at fair value 54,635 52,532
Loans Held for Investment 2,525,180 1,931,465
Allowance for Credit Losses (24,736) (21,606)
Loans Held for Investment, Net 2,500,444 1,909,859
Premises and Equipment, Net 82,138 83,412
Goodwill and Other Intangibles 93,093 93,253
Other Real Estate Owned 431 17
Other Assets 120,519 94,349
Total Assets 4,525,958 4,263,849
Deposits [Abstract]    
Noninterest Bearing Deposits 1,653,620 1,668,912
Interest Bearing Deposits 2,285,697 2,043,950
Total Deposits 3,939,317 3,712,862
Short-Term Borrowings 56,793 34,557
Subordinated Notes Payable 52,887 52,887
Other Long-Term Borrowings 513 884
Other Liabilities 73,675 67,735
Total Liabilities 4,123,185 3,868,925
Temporary Equity 8,757 11,758
SHAREOWNERS' EQUITY    
Preferred Stock, $.01 par value; 3,000,000 shares authorized; no shares issued and outstanding
Common Stock, $.01 par value; 90,000,000 shares authorized;16,986,785 and 16,892,060 shares issued and outstanding at December 31, 2022 and 2021, respectively 170 169
Additional Paid-In Capital 37,331 34,423
Retained Earnings 393,744 364,788
Accumulated Other Comprehensive Loss, Net of Tax (37,229) (16,214)
Total Shareowners' Equity 394,016 383,166
Total Liabilities, Temporary Equity, and Shareowners' Equity $ 4,525,958 $ 4,263,849