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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 25,725 $ 16,865
Interest-bearing deposits in banks 811,168 636,537
Other short-term investments 140,848  
Cash and cash equivalents 977,741 653,402
Investment securities available for sale 535,158 335,423
Investment securities held to maturity, net of allowance for credit losses of $13 and $14 at September 30, 2021 and December 31, 2020, respectively 237,829 200,156
Other investments 23,877 25,892
Loans held for sale 11,814  
Loans held for investment 2,273,856 2,249,036
Less: Allowance for loan losses (23,924) (31,818)
Loans held for investment, net 2,249,932 2,217,218
Premises and equipment, net 18,517 21,589
Bank owned life insurance 74,000 72,856
Goodwill 19,925 19,925
Other intangibles, net 2,573 2,731
Other real estate owned   16
Other assets 58,950 66,409
Total assets 4,210,316 3,615,617
Deposits:    
Noninterest-bearing demand 1,691,616 1,033,765
Interest-bearing checking 721,525 760,638
Savings 800 625
Money market 930,929 1,030,753
Time 287,865 241,328
Brokered deposits 94,586 94,399
Total deposits 3,727,321 3,161,508
Long-term debt 74,024 73,807
Other liabilities 45,046 41,716
Total liabilities 3,846,391 3,277,031
SHAREHOLDERS' EQUITY    
Preferred Stock, no par value - 10,000,000 shares authorized; no shares issued and outstanding as of September 30, 2021 and December 31, 2020
Common stock, no par value - 100,000,000 shares authorized; 20,305,109 and 20,394,912 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively 207,214 209,942
Retained earnings 152,619 114,137
Accumulated other comprehensive income 4,092 14,507
Total shareholders' equity 363,925 338,586
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 4,210,316 $ 3,615,617