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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and cash equivalents $ 68,161 $ 221,594
Interest-bearing deposits in other financial institutions 100 100
Securities available for sale 17,128 8,701
Equity securities 5,000 5,000
Loans held for sale, at fair value 77,946 283,165
Loans and leases, net of allowance of $15,487 and $17,022 1,123,712 895,344
FHLB and FRB stock 6,475 5,847
Premises and equipment, net 3,944 3,730
Operating lease right-of-use assets 1,462 1,387
Bank owned life insurance 25,582 17,490
Accrued interest receivable and other assets 25,446 34,637
Total assets 1,354,956 1,476,995
Deposits    
Noninterest bearing 243,153 198,675
Interest bearing 913,637 914,395
Total deposits 1,156,790 1,113,070
FHLB advances and other debt 41,218 214,426
Advances by borrowers for taxes and insurance 1,756 1,029
Operating lease liabilities 1,578 1,532
Accrued interest payable and other liabilities 15,571 21,884
Subordinated debentures 14,874 14,844
Total liabilities 1,231,787 1,366,785
Commitments and contingent liabilities
Stockholders' equity    
Additional paid-in capital 88,270 87,637
Retained earnings 39,877 26,479
Accumulated other comprehensive income 37 96
Treasury stock, at cost; 148,651 shares of voting common stock at September 30, 2021 and 96,098 shares of voting common stock at December 31, 2020 (5,082) (4,069)
Total stockholders' equity 123,169 110,210
Total liabilities and stockholder's equity 1,354,956 1,476,995
Common Stock [Member]    
Stockholders' equity    
Common stock 54 54
Non-Voting Common Stock [Member]    
Stockholders' equity    
Common stock 13 13
Series C Preferred Stock [Member]    
Stockholders' equity    
Preferred stock