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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 63,105,000 $ 59,405,000
Interest-earning deposits 220,909,000 915,755,000
Total cash and cash equivalents 284,014,000 975,160,000
Securities available for sale 582,999,000 592,743,000
Federal Home Loan Bank stock 17,721,000 18,002,000
Mortgage loans held for sale 14,411,000 16,117,000
Loans 3,880,958,000 3,453,459,000
Allowance for credit losses (39,120,000) (35,363,000)
Loans, net 3,841,838,000 3,418,096,000
Premises and equipment, net 52,117,000 57,298,000
Bank owned life insurance 75,880,000 75,242,000
Goodwill 49,473,000 49,473,000
Core deposit intangible, net 741,000 1,351,000
Other assets 97,740,000 54,267,000
Total assets 5,016,934,000 5,257,749,000
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing 1,716,904,000 1,677,952,000
Interest-bearing 2,129,181,000 2,405,241,000
Total deposits 3,846,085,000 4,083,193,000
Securities sold under agreements to repurchase 198,605,000 197,463,000
Federal Home Loan Bank advances 338,263,000 374,000,000
Subordinated debentures 48,787,000 48,244,000
Subordinated notes 88,542,000 73,646,000
Accrued interest and other liabilities 80,391,000 24,644,000
Total liabilities 4,600,673,000 4,801,190,000
Commitments and contingent liabilities (Note 8)
Shareholders' equity    
Preferred stock, no par value; 1,000,000 shares authorized; none issued 0 0
Common stock, no par value; 40,000,000 shares authorized; 15,866,243 shares issued and outstanding at September 30, 2022 and 15,839,944 shares issued and outstanding at December 31, 2021 289,219,000 285,752,000
Retained earnings 199,505,000 174,536,000
Accumulated other comprehensive gain/(loss) (72,463,000) (3,729,000)
Total shareholders’ equity 416,261,000 456,559,000
Total liabilities and shareholders’ equity $ 5,016,934,000 $ 5,257,749,000