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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Cash and cash equivalents:    
Cash and due from banks $ 47,292 $ 19,196
Federal funds sold 87,743 89,256
Interest-bearing deposits with banks 103,371 19,364
Total cash and cash equivalents 238,406 127,816
Investment securities:    
Investment securities available for sale 70,997 67,694
Other investments 2,610 6,948
Total investment securities 73,607 74,642
Mortgage loans held for sale 44,169 27,046
Loans 2,036,801 1,943,525
Less allowance for loan losses (31,602) (16,642)
Loans, net 2,005,199 1,926,883
Bank owned life insurance 40,551 40,011
Property and equipment, net 61,344 58,478
Deferred income taxes 4,017 4,275
Other assets 15,002 8,044
Total assets 2,482,295 2,267,195
LIABILITIES    
Deposits 2,188,643 1,876,124
Federal Home Loan Bank advances and other borrowings 110,000
Subordinated debentures 35,944 35,890
Other liabilities 41,554 39,321
Total liabilities 2,266,141 2,061,335
SHAREHOLDERS' EQUITY    
Preferred stock, par value $.01 per share, 10,000,000 shares authorized
Common stock, par value $.01 per share, 10,000,000 shares authorized, 7,734,644 and 7,672,678 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively 77 77
Nonvested restricted stock (1,001) (803)
Additional paid-in capital 108,031 106,152
Accumulated other comprehensive income (loss) 805 (298)
Retained earnings 108,242 100,732
Total shareholders' equity 216,154 205,860
Total liabilities and shareholders' equity $ 2,482,295 $ 2,267,195