Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION

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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and Due From Banks $ 83,431 $ 83,118
Federal Funds Sold and Interest Bearing Deposits 261,779 228,949
Total Cash and Cash Equivalents 345,210 312,067
Investment Securities, Available for Sale, at fair value (amortized cost of $356,994 and $367,747) 336,187 337,902
Investment Securities, Held to Maturity (fair value of $542,328 and $591,751) 561,480 625,022
Equity Securities 6,976 3,450
Total Investment Securities 904,643 966,374
Loans Held For Sale, at fair value 31,251 28,211
Loans Held for Investment 2,683,096 2,733,918
Allowance for Credit Losses (29,836) (29,941)
Loans Held for Investment, Net 2,653,260 2,703,977
Premises and Equipment, Net 81,876 81,266
Goodwill and Other Intangibles 92,813 92,933
Other Real Estate Owned 650 1
Other Assets 115,613 119,648
Total Assets 4,225,316 4,304,477
Deposits:    
Noninterest Bearing Deposits 1,330,715 1,377,934
Interest Bearing Deposits 2,248,362 2,323,888
Total Deposits 3,579,077 3,701,822
Short-Term Borrowings 37,268 35,341
Subordinated Notes Payable 52,887 52,887
Other Long-Term Borrowings 794 315
Other Liabilities 71,974 66,080
Total Liabilities 3,742,000 3,856,445
Temporary Equity 6,817 7,407
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; 16,944,370 and 16,950,222 shares issued and outstanding at September 30, 2024 and December 31, 2023, respectively 169 170
Additional Paid-In Capital 36,070 36,326
Retained Earnings 454,342 426,275
Accumulated Other Comprehensive Loss, net of tax (14,082) (22,146)
Total Shareowners' Equity 476,499 440,625
Total Liabilities, Temporary Equity, and Shareowners' Equity $ 4,225,316 $ 4,304,477