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
Mar. 31, 2022
Dec. 31, 2021
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 28,475,000 26,909,000    
Loans Held for Investment 2,657,147,000 2,547,685,000    
Allowance for Credit Losses (26,808,000) (25,068,000) $ (20,788,000) $ (21,606,000)
Loans Held for Investment, Net 2,630,339,000 2,522,617,000    
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 123,294,000 119,337,000    
Total Assets 4,401,762,000 4,519,223,000    
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 397,654,000 387,009,000    
Accumulated Other Comprehensive Loss, net of tax (32,076,000) (37,229,000) (33,743,000) (16,214,000)
Total Shareowners' Equity 403,260,000 387,281,000 $ 370,628,000 $ 383,166,000
Total Liabilities, Temporary Equity, and Shareowners' Equity $ 4,401,762,000 $ 4,519,223,000