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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and cash equivalents $ 168,290 $ 166,591
Interest-bearing deposits in other financial institutions 100 100
Securities available for sale 13,004 16,347
Equity securities 5,000 5,000
Loans held for sale, at fair value 8,470 27,988
Loans and leases, net of allowance of $15,520 and $15,508 1,281,316 1,214,149
FHLB and FRB stock 7,326 7,315
Premises and equipment, net 6,032 5,869
Operating lease right-of-use assets 1,782 1,925
Bank owned life insurance 25,889 25,743
Accrued interest receivable and other assets 26,986 24,562
Total assets 1,544,195 1,495,589
Deposits    
Noninterest bearing 253,778 284,935
Interest bearing 1,045,008 961,417
Total deposits 1,298,786 1,246,352
FHLB advances and other debt 83,235 89,727
Advances by borrowers for taxes and insurance 2,078 2,752
Operating lease liabilities 1,889 2,032
Accrued interest payable and other liabilities 14,972 14,513
Subordinated debentures 14,893 14,883
Total liabilities 1,415,853 1,370,259
Commitments and contingent liabilities
Stockholders' equity    
Additional paid-in capital 88,708 88,528
Retained earnings 48,345 44,084
Accumulated other comprehensive loss (1,220) (170)
Treasury stock, at cost; 264,387 shares of voting common stock at March 31, 2022 and 246,432 shares of voting common stock at December 31, 2021 (7,559) (7,180)
Total stockholders' equity 128,342 125,330
Total liabilities and stockholder's equity 1,544,195 1,495,589
Common Stock [Member]    
Stockholders' equity    
Common stock 55 55
Non-Voting Common Stock [Member]    
Stockholders' equity    
Common stock 13 13
Series C Preferred Stock [Member]    
Stockholders' equity    
Preferred stock