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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 24,170 $ 17,218
Federal funds sold 28,742 2,227
Interest-bearing deposits in banks 124,085 164,061
Cash and cash equivalents 176,997 183,506
Investment securities available for sale, at fair value 820,625 380,814
Other investments, at cost 13,977 3,296
Loans held for sale 26,697 52,386
Loans 1,309,860 1,059,503
Allowance for loan losses (12,877) (12,127)
Loans, net 1,296,983 1,047,376
Premises and equipment 41,762 32,057
Other real estate owned 807 1,006
Goodwill 52,706 15,992
Other intangible assets 8,253 2,271
Bank-owned life insurance 54,822 31,547
Other assets 18,952 13,723
Total assets 2,512,581 1,763,974
Deposits    
Noninterest-bearing 539,251 326,999
Interest-bearing 1,655,871 1,118,028
Total deposits 2,195,122 1,445,027
Federal Home Loan Bank advances 51,601 22,500
Paycheck Protection Program Liquidity Facility 0 106,789
Other borrowings 37,042 37,792
Other liabilities 11,686 7,378
Total liabilities 2,295,451 1,619,486
Stockholders' equity:    
Preferred stock, no par value; 10,000,000 shares authorized, none issued or outstanding as of September 30, 2021 and December 31, 2020, respectively 0 0
Common stock, par value $1.00 per share; 20,000,000 shares authorized, 13,674,198 and 9,498,783 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively 13,674 9,499
Paid in capital 110,722 43,215
Retained earnings 96,145 84,993
Accumulated other comprehensive income, net of tax (3,411) 6,781
Total stockholders' equity 217,130 144,488
Total liabilities and stockholders' equity $ 2,512,581 $ 1,763,974