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
Mar. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and Due From Banks $ 73,642 $ 83,118
Federal Funds Sold and Interest Bearing Deposits 231,047 228,949
Total Cash and Cash Equivalents 304,689 312,067
Investment Securities, Available for Sale, at fair value (amortized cost of $358,416 and $367,747) 327,338 337,902
Investment Securities, Held to Maturity (fair value of $569,682 and $591,751) 603,386 625,022
Equity Securities 3,445 3,450
Total Investment Securities 934,169 966,374
Loans Held For Sale, at fair value 24,705 28,211
Outstanding principal balance of residential mortgage loans serviced for others 2,731,172 2,733,918
Allowance for Credit Losses (29,329) (29,941)
Loans Held for Investment, Net 2,701,843 2,703,977
Premises and Equipment, Net 81,452 81,266
Goodwill and Other Intangibles 92,893 92,933
Other Real Estate Owned 1 1
Other Assets 120,170 119,648
Total Assets 4,259,922 4,304,477
Deposits:    
Noninterest Bearing Deposits 1,361,939 1,377,934
Interest Bearing Deposits 2,292,862 2,323,888
Total Deposits 3,654,801 3,701,822
Short-Term Borrowings 31,886 35,341
Subordinated Notes Payable 52,887 52,887
Other Long-Term Borrowings 265 315
Other Liabilities 65,181 66,080
Total Liabilities 3,805,020 3,856,445
Temporary Equity 6,588 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; 16,928,507 and 16,950,222 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively 169 170
Additional Paid-In Capital 34,861 36,326
Retained Earnings 435,364 426,275
Accumulated Other Comprehensive Loss, net of tax (22,080) (22,146)
Total Shareowners' Equity 448,314 440,625
Total Liabilities, Temporary Equity, and Shareowners' Equity $ 4,259,922 $ 4,304,477