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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 23,010 $ 20,584
Federal funds sold and interest-bearing deposits in banks 118,330 60,094
Cash and cash equivalents 141,340 80,678
Investment securities available for sale, at fair value 399,547 432,553
Investment securities held to maturity, at amortized cost 451,056 465,858
Other investments, at cost 17,323 13,793
Loans held for sale 27,246 17,743
Loans 1,864,971 1,737,106
Allowance for credit losses on loans (17,368) (16,128)
Loans, net 1,847,603 1,720,978
Premises and equipment 42,544 41,606
Other real estate owned 812 651
Goodwill 48,923 48,923
Other intangible assets 4,530 5,664
Bank-owned life insurance 56,541 55,504
Deferred income taxes, net 28,934 28,199
Other assets 27,424 24,420
Total assets 3,093,823 2,936,570
Deposits    
Noninterest-bearing 494,221 569,170
Interest-bearing 2,097,111 1,921,827
Total deposits 2,591,332 2,490,997
Federal Home Loan Bank advances 185,000 125,000
Other borrowings 63,422 78,352
Other liabilities 15,377 11,953
Total liabilities 2,855,131 2,706,302
Stockholders' equity:    
Preferred stock, no par value; 10,000,000 shares authorized, none issued or outstanding as of September 30, 2023 and December 31, 2022, respectively 0 0
Common stock, par value $1.00 per share; 50,000,000 shares authorized, 17,567,983 and 17,598,123 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 17,568 17,598
Paid in capital 168,211 167,537
Retained earnings 120,732 111,573
Accumulated other comprehensive loss, net of tax (67,819) (66,440)
Total stockholders' equity 238,692 230,268
Total liabilities and stockholders' equity $ 3,093,823 $ 2,936,570