Annual report [Section 13 and 15(d), not S-K Item 405]

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION

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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and Due From Banks $ 70,543 $ 83,118
Federal Funds Sold and Interest Bearing Deposits 321,311 228,949
Total Cash and Cash Equivalents 391,854 312,067
Investment Securities, Available for Sale, at fair value (amortized cost of $429,033 and $367,747) 403,345 337,902
Investment Securities, Held to Maturity (fair value of $544,460 and $591,751) 567,155 625,022
Equity Securities 2,399 3,450
Total Investment Securities 972,899 966,374
Loans Held For Sale, at fair value 28,672 28,211
Loans Held for Investment 2,651,550 2,733,918
Allowance for Credit Losses (29,251) (29,941)
Loans Held for Investment, Net 2,622,299 2,703,977
Premises and Equipment, Net 81,952 81,266
Goodwill and Other Intangibles 92,773 92,933
Other Real Estate Owned 367 1
Other Assets 134,116 119,648
Total Assets 4,324,932 4,304,477
Deposits:    
Noninterest Bearing Deposits 1,306,254 1,377,934
Interest Bearing Deposits 2,365,723 2,323,888
Total Deposits 3,671,977 3,701,822
Short-Term Borrowings 28,304 35,341
Subordinated Notes Payable 52,887 52,887
Other Long-Term Borrowings 794 315
Other Liabilities 75,653 66,080
Total Liabilities 3,829,615 3,856,445
Temporary Equity 0 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;16,974,513 and 16,950,222 shares issued and outstanding at December 31, 2024 and 2023, respectively 170 170
Additional Paid-In Capital 37,684 36,326
Retained Earnings 463,949 426,275
Accumulated Other Comprehensive Loss, Net of Tax (6,486) (22,146)
Total Shareowners' Equity 495,317 440,625
Total Liabilities, Temporary Equity, and Shareowners' Equity $ 4,324,932 $ 4,304,477