Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION

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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and Due From Banks $ 84,549,000 $ 72,114,000
Federal Funds Sold and Interest Bearing Deposits 303,403,000 528,536,000
Total Cash and Cash Equivalents 387,952,000 600,650,000
Investment Securities, Available for Sale, at fair value (amortized cost of $438,068 and $455,232) 402,943,000 413,294,000
Investment Securities, Held to Maturity (fair value of $612,200 and $612,701) 651,755,000 660,744,000
Equity Securities 1,883,000 10,000
Total Investment Securities 1,056,581,000 1,074,048,000
Loans Held For Sale, at Fair Value 55,118,000 54,635,000
Loans Held for Investment 2,636,884,000 2,525,180,000
Allowance for Credit Losses (26,507,000) (24,736,000)
Loans Held for Investment, Net 2,610,377,000 2,500,444,000
Premises and Equipment, Net 82,055,000 82,138,000
Goodwill and Other Intangibles 93,053,000 93,093,000
Other Real Estate Owned 13,000 431,000
Other Assets 124,593,000 120,519,000
Total Assets 4,409,742,000 4,525,958,000
Deposits:    
Noninterest Bearing Deposits 1,601,388,000 1,653,620,000
Interest Bearing Deposits 2,222,532,000 2,285,697,000
Total Deposits 3,823,920,000 3,939,317,000
Short-Term Borrowings 26,632,000 56,793,000
Subordinated Notes Payable 52,887,000 52,887,000
Other Long-Term Borrowings 463,000 513,000
Other Liabilities 85,878,000 73,675,000
Total Liabilities 3,989,780,000 4,123,185,000
Temporary Equity 8,722,000 8,757,000
SHAREOWNERS' EQUITY    
Preferred Stock, $.$0.01 par value; 3,000,000 shares authorized; no shares issued and outstanding 0 0
Common Stock, $0.01 par value; 90,000,000 shares authorized; 17,021,748 and shares issued and outstanding at March 31, 2023 and December 31, 2022, respectively 170,000 170,000
Additional Paid-In Capital 37,512,000 37,331,000
Retained Earnings 405,634,000 393,744,000
Accumulated Other Comprehensive Loss, net of tax (32,076,000) (37,229,000)
Total Shareowners' Equity 411,240,000 394,016,000
Total Liabilities, Temporary Equity, and Shareowners' Equity $ 4,409,742,000 $ 4,525,958,000