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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets:    
Cash and due from banks $ 46,814 $ 51,259
Interest-bearing deposits at other financial institutions 491,193 320,805
Total cash and cash equivalents 538,007 372,064
Securities 237,281 231,262
Equity investments 18,652 16,710
Loans held for sale 2,673 1,463
Loans, net of allowance for credit losses of $40,637 and $25,280 at December 31, 2020 and 2019, respectively 2,883,480 2,613,805
Premises and equipment, net of accumulated depreciation of $35,826 and $32,923 at December 31, 2020 and 2019, respectively 61,152 50,875
Goodwill 80,950 80,950
Other intangible assets, net of accumulated amortization of $16,607 and $15,809 at December 31, 2020 and 2019, respectively 4,171 4,938
Bank-owned life insurance 72,338 71,881
Operating lease right-to-use assets 13,285 12,926
Deferred tax assets, net 10,700 7,432
Other assets 26,528 14,238
Total assets 3,949,217 3,478,544
Liabilities:    
Noninterest-bearing deposits 1,476,425 1,184,861
Interest-bearing deposits 1,825,369 1,667,527
Total deposits 3,301,794 2,852,388
Federal Home Loan Bank advances 50,000 50,000
Repurchase agreements   485
Operating lease liabilities 16,447 15,704
Other liabilities 34,525 24,246
Total liabilities 3,402,766 2,942,823
Commitments and contingencies (Note 16)
Shareholders' equity:    
Preferred stock, $0.01 par value, 10,000,000 shares authorized, no shares issued
Common stock, $0.01 par value, 90,000,000 shares authorized, 25,458,816 and 25,837,048 shares issued at December 31, 2020 and 2019, respectively, 24,612,828 and 24,979,702 shares outstanding at December 31, 2020 and 2019, respectively 255 258
Additional paid-in capital 339,334 346,559
Retained earnings 214,456 201,080
Treasury stock, at cost, 845,988 and 857,346 shares held at December 31, 2020 and 2019, respectively (14,369) (14,562)
Accumulated other comprehensive income, net of tax of $1,801 and $634 at December 31, 2020 and 2019, respectively 6,775 2,386
Total shareholders' equity 546,451 535,721
Total liabilities and shareholders' equity $ 3,949,217 $ 3,478,544