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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Cash and cash equivalents:    
Cash and due from banks $ 21,770 $ 12,920
Federal funds sold 86,882 21,744
Interest-bearing deposits with banks 58,557 66,023
Total cash and cash equivalents 167,209 100,687
Investment securities:    
Investment securities available for sale 120,281 94,729
Other investments 4,021 3,635
Total investment securities 124,302 98,364
Mortgage loans held for sale 13,556 60,257
Loans 2,489,877 2,142,867
Less allowance for loan losses (30,408) (44,149)
Loans, net 2,459,469 2,098,718
Bank owned life insurance 49,833 41,102
Property and equipment, net 92,370 60,236
Deferred income taxes, net 8,397 9,518
Other assets 10,412 13,705
Total assets 2,925,548 2,482,587
LIABILITIES    
Deposits 2,563,826 2,142,758
Federal Home Loan Bank advances and other borrowings 25,000
Subordinated debentures 36,106 35,998
Other liabilities 47,715 50,537
Total liabilities 2,647,647 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, 7,925,819 and 7,772,748 shares issued and outstanding at December 31, 2021 and 2020, respectively 79 78
Nonvested restricted stock (1,435) (698)
Additional paid-in capital 114,226 108,831
Accumulated other comprehensive income (loss) (740) 1,023
Retained earnings 165,771 119,060
Total shareholders' equity 277,901 228,294
Total liabilities and shareholders' equity $ 2,925,548 $ 2,482,587