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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Assets:    
Cash and due from banks $ 52,472 $ 46,814
Interest-bearing deposits at other financial institutions 552,199 491,193
Total cash and cash equivalents 604,671 538,007
Securities 289,091 237,281
Equity investments 18,786 18,652
Loans held for sale 1,005 2,673
Loans, net of allowance for credit losses of $40,874 and $40,637 at March 31, 2021 and December 31, 2020, respectively 2,850,758 2,883,480
Premises and equipment, net of accumulated depreciation of $36,666 and $35,826 at March 31, 2021 and December 31, 2020, respectively 60,551 61,152
Goodwill 80,950 80,950
Other intangible assets, net of accumulated amortization of $16,798 and $16,607 at March 31, 2021 and December 31, 2020, respectively 3,991 4,171
Bank-owned life insurance 72,728 72,338
Operating lease right-to-use assets 12,900 13,285
Deferred tax assets, net 11,000 10,700
Other assets 22,208 26,528
Total assets 4,028,639 3,949,217
Liabilities:    
Noninterest-bearing deposits 1,621,408 1,476,425
Interest-bearing deposits 1,763,339 1,825,369
Total deposits 3,384,747 3,301,794
Federal Home Loan Bank advances 50,000 50,000
Operating lease liabilities 16,060 16,447
Other liabilities 32,483 34,525
Total liabilities 3,483,290 3,402,766
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, 24,288,454 and 25,458,816 shares issued at March 31, 2021 and December 31, 2020, respectively; 24,442,466 and 24,612,828 shares outstanding at March 31, 2021 and December 31, 2020, respectively 253 255
Additional paid-in capital 334,839 339,334
Retained earnings 221,279 214,456
Treasury stock, at cost, 845,988 shares held at both March 31, 2021 and December 31, 2020, respectively (14,369) (14,369)
Accumulated other comprehensive income, net of tax of $890 and $1,801 at March 31, 2021 and December 31, 2020, respectively 3,347 6,775
Total shareholders' equity 545,349 546,451
Total liabilities and shareholders' equity $ 4,028,639 $ 3,949,217