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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 105,676 $ 183,426
Investment securities available for sale 484,416 444,703
Loans held for sale 0 2,301
Loans, less allowance for credit losses of $12,330 at March 31, 2023 and $10,717 at December 31, 2022 906,022 903,968
Other real estate owned 83 0
Premises and equipment, net 18,730 18,100
Bank owned life insurance 15,797 16,020
Goodwill 5,502 5,502
Accrued interest receivable and other assets 42,256 47,024
Total assets 1,578,482 1,621,044
Deposits:    
Non-interest bearing 741,754 766,549
Interest bearing 664,991 691,260
Total deposits 1,406,745 1,457,809
Repurchase agreements 16,914 18,624
Accrued interest payable and other liabilities 16,000 15,297
Other borrowings 10,000 0
Junior subordinated deferrable interest debentures 0 10,310
Total liabilities 1,449,659 1,502,040
Commitments and contingencies (Note 5)
Shareholders’ equity:    
Common stock, no par value; 22,500,000 shares authorized; issued and outstanding – 5,862,148 shares at March 31, 2023 and 5,850,216 at December 31, 2022 27,608 27,372
Retained earnings 133,997 128,388
Accumulated other comprehensive loss, net (32,782) (36,756)
Total shareholders’ equity 128,823 119,004
Total liabilities and shareholders’ equity $ 1,578,482 $ 1,621,044