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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and cash equivalents $ 214,248 $ 151,787
Interest-bearing deposits in other financial institutions 100 100
Securities available for sale 9,661 10,442
Equity securities 5,000 5,000
Loans held for sale, at fair value 591 580
Loans and leases, net of allowance for credit losses on loans of $15,915 and $16,062 1,616,083 1,572,255
FHLB and FRB stock 9,203 7,942
Premises and equipment, net 4,118 3,778
Other assets held for sale 1,930 1,930
Operating lease right-of-use assets 5,500 1,357
Bank owned life insurance 25,791 25,641
Accrued interest receivable and other assets 38,085 39,362
Total assets 1,930,310 1,820,174
Deposits    
Noninterest bearing 224,096 263,241
Interest bearing 1,379,745 1,264,681
Total deposits 1,603,841 1,527,922
FHLB advances and other debt 136,970 109,461
Advances by borrowers for taxes and insurance 2,132 3,513
Operating lease liabilities 5,572 1,438
Accrued interest payable and other liabilities 23,530 23,670
Subordinated debentures 14,932 14,922
Total liabilities 1,786,977 1,680,926
Commitments and contingent liabilities
Stockholders' equity    
Additional paid-in capital 90,095 89,813
Retained earnings 65,184 61,095
Accumulated other comprehensive loss (2,253) (2,037)
Treasury stock, at cost; 368,612 shares of voting common stock at March 31, 2023 and 365,165 shares of voting common stock at December 31, 2022 (9,763) (9,692)
Total stockholders' equity 143,333 139,248
Total liabilities and stockholder's equity 1,930,310 1,820,174
Common Stock [Member]    
Stockholders' equity    
Common stock 57 56
Non-Voting Common Stock [Member]    
Stockholders' equity    
Common stock $ 13 $ 13