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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 47,151,000 $ 61,894,000
Interest-earning deposits 10,787,000 34,878,000
Total cash and cash equivalents 57,938,000 96,772,000
Securities available for sale 619,973,000 602,936,000
Federal Home Loan Bank stock 17,721,000 17,721,000
Mortgage loans held for sale 3,821,000 3,565,000
Loans 3,965,528,000 3,916,619,000
Allowance for credit losses (42,877,000) (42,246,000)
Loans, net 3,922,651,000 3,874,373,000
Premises and equipment, net 51,510,000 51,476,000
Bank owned life insurance 81,113,000 80,727,000
Goodwill 49,473,000 49,473,000
Core deposit intangible, net 424,000 583,000
Other assets 91,250,000 94,993,000
Total assets 4,895,874,000 4,872,619,000
LIABILITIES AND SHAREHOLDERS' EQUITY    
Noninterest-bearing 1,376,782,000 1,604,750,000
Interest-bearing 2,221,236,000 2,108,061,000
Total deposits 3,598,018,000 3,712,811,000
Securities sold under agreements to repurchase 227,453,000 194,340,000
Federal funds purchased 17,207,000 0
Federal Home Loan Bank advances 377,910,000 308,263,000
Subordinated debentures 49,130,000 48,958,000
Subordinated notes 88,714,000 88,628,000
Accrued interest and other liabilities 70,070,000 78,211,000
Total liabilities 4,428,502,000 4,431,211,000
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; 16,001,448 shares outstanding at March 31, 2023 and 15,994,884 shares outstanding at December 31, 2022 291,516,000 290,436,000
Retained earnings 232,123,000 216,313,000
Accumulated other comprehensive income (loss) (56,267,000) (65,341,000)
Total shareholders’ equity 467,372,000 441,408,000
Total liabilities and shareholders’ equity $ 4,895,874,000 $ 4,872,619,000