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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
ASSETS:    
Cash and due from banks $ 63,884 $ 33,205
Interest-bearing deposits with banks 411,625 127,329
Federal funds sold 66,306 23,437
Total cash and cash equivalents 541,815 183,971
Securities available-for-sale, at fair value 214,634 178,348
Other investments 14,829 12,913
Loans held for sale 11,292 5,856
Loans 2,404,057 1,897,392
Less: Allowance for loan losses (18,817) (10,243)
Loans, net 2,385,240 1,887,149
Premises and equipment, net 73,934 59,433
Other real estate owned 3,932 1,757
Goodwill and core deposit intangible, net 86,710 77,193
Bank owned life insurance 31,034 24,949
Other assets 24,168 17,554
Total assets 3,387,588 2,449,123
Deposits:    
Noninterest-bearing demand 669,733 364,155
Interest-bearing demand 534,128 380,234
Money market and savings 871,098 623,284
Time deposits 577,064 679,541
Total deposits 2,652,023 2,047,214
Borrowings 319,391 31,623
Subordinated debt 39,325 39,261
Other Liabilities 27,060 18,278
Total liabilities 3,037,799 2,136,376
Shareholders' equity:    
Preferred stock, $1 par value; 2,000,000 shares authorized; No shares issued and outstanding 0 0
Common stock, $1 par value; 40,000,000 shares authorized; 15,216,932 and 14,008,233 shares issued and outstanding, respectively 15,233 14,008
Additional paid-in capital 254,626 232,732
Retained earnings 78,918 65,839
Accumulated other comprehensive income 1,012 168
Total shareholders' equity 349,789 312,747
Total liabilities and shareholders' equity $ 3,387,588 $ 2,449,123