Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION

v3.23.2
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and Due From Banks $ 83,679 $ 72,114
Federal Funds Sold and Interest Bearing Deposits 285,129 528,536
Total Cash and Cash Equivalents 368,808 600,650
Investment Securities, Available for Sale, at fair value (amortized cost of $424,220 and $455,232) 386,220 413,294
Investment Securities, Held to Maturity (fair value of $595,219 and $612,701) 641,398 660,744
Equity Securities 1,703 10
Total Investment Securities 1,029,321 1,074,048
Loans Held For Sale, at Fair Value 67,908 54,635
Loans Held for Investment 2,667,003 2,525,180
Allowance for Credit Losses (27,964) (24,736)
Loans Held for Investment, Net 2,639,039 2,500,444
Premises and Equipment, Net 82,062 82,138
Goodwill and Other Intangibles 93,013 93,093
Other Real Estate Owned 1 431
Other Assets 119,411 120,519
Total Assets 4,399,563 4,525,958
Deposits:    
Noninterest Bearing Deposits 1,520,134 1,653,620
Interest Bearing Deposits 2,268,732 2,285,697
Total Deposits 3,788,866 3,939,317
Short-Term Borrowings 50,673 56,793
Subordinated Notes Payable 52,887 52,887
Other Long-Term Borrowings 414 513
Other Liabilities 77,192 73,675
Total Liabilities 3,970,032 4,123,185
Temporary Equity 8,752 8,757
SHAREOWNERS' EQUITY    
Preferred Stock, $.$0.01 par value; 3,000,000 shares authorized; no shares issued and outstanding
Common Stock, $0.01 par value; 90,000,000 shares authorized; 16,991,634 and 16,986,785 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively 170 170
Additional Paid-In Capital 36,853 37,331
Retained Earnings 417,128 393,744
Accumulated Other Comprehensive Loss, net of tax (33,372) (37,229)
Total Shareowners' Equity 420,779 394,016
Total Liabilities, Temporary Equity, and Shareowners' Equity $ 4,399,563 $ 4,525,958