XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Cash and cash equivalents:    
Cash and due from banks $ 17,944 $ 12,920
Federal funds sold 47,440 21,744
Interest-bearing deposits with banks 63,149 66,023
Total cash and cash equivalents 128,533 100,687
Investment securities:    
Investment securities available for sale 113,802 94,729
Other investments 2,820 3,635
Total investment securities 116,622 98,364
Mortgage loans held for sale 31,641 60,257
Loans 2,389,047 2,142,867
Less allowance for loan losses (36,075) (44,149)
Loans, net 2,352,972 2,098,718
Bank owned life insurance 49,521 41,102
Property and equipment, net 78,456 60,236
Deferred income taxes 16,591 9,518
Other assets 9,840 13,705
Total assets 2,784,176 2,482,587
LIABILITIES    
Deposits 2,433,018 2,142,758
Federal Home Loan Bank advances and other borrowings 25,000
Subordinated debentures 36,079 35,998
Other liabilities 49,450 50,537
Total liabilities 2,518,547 2,254,293
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, 7,913,381 and 7,772,748 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively 79 78
Nonvested restricted stock (1,469) (698)
Additional paid-in capital 113,501 108,831
Accumulated other comprehensive income (loss) (248) 1,023
Retained earnings 153,766 119,060
Total shareholders' equity 265,629 228,294
Total liabilities and shareholders' equity $ 2,784,176 $ 2,482,587