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
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
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 44,659   26,909      
Loans Held for Investment 2,683,512   2,547,685      
Allowance for Credit Losses (28,243) $ (26,808) (25,068) $ (21,463) $ (20,788) $ (21,606)
Loans Held for Investment, Net 2,655,269   2,522,617      
Premises and Equipment, Net 82,062   82,138      
Goodwill and Other Intangibles 93,013   93,093      
Other Real Estate Owned 1   431      
Other Assets 118,073   119,337      
Total Assets 4,391,206   4,519,223      
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 408,771   387,009      
Accumulated Other Comprehensive Loss, net of tax (33,372)   (37,229) (40,765)   (16,214)
Total Shareowners' Equity 412,422 $ 403,260 387,281 $ 368,705 $ 370,628 $ 383,166
Total Liabilities, Temporary Equity, and Shareowners' Equity $ 4,391,206   $ 4,519,223