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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and due from banks $ 192,290 $ 140,402
Short-term investments 24,632 35,778
Total cash and cash equivalents 216,922 176,180
Securities available for sale (carried at fair value) 585,549 538,493
Real estate mortgage loans held for sale 2,293 3,346
Loans, net of allowance for loan losses of $48,453 and $47,121 3,866,292 3,771,338
Land, premises and equipment, net 58,097 56,466
Bank owned life insurance 77,106 75,879
Federal Reserve and Federal Home Loan Bank Stock 13,772 13,772
Accrued interest receivable 15,518 14,093
Goodwill 4,970 4,970
Other assets 34,735 28,439
Total assets 4,875,254 4,682,976
LIABILITIES    
Noninterest bearing deposits 946,838 885,622
Interest bearing deposits 3,097,227 3,123,033
Total deposits 4,044,065 4,008,655
Borrowings    
Securities sold under agreements to repurchase 75,555 70,652
Federal Home Loan Bank advances 170,000 80,030
Subordinated debentures 30,928 30,928
Total borrowings 276,483 181,610
Accrued interest payable 10,404 6,311
Other liabilities 22,598 17,733
Total liabilities 4,353,550 4,214,309
Commitments, off-balance sheet risks and contingencies (Notes 1 and 18)
STOCKHOLDERS' EQUITY    
Common stock: 90,000,000 shares authorized, no par value 25,301,732 shares issued and 25,128,773 outstanding as of December 31, 2018 25,194,903 shares issued and 25,025,933 outstanding as of December 31, 2017 112,383 108,862
Retained earnings 419,179 363,794
Accumulated other comprehensive income (loss) (6,191) (670)
Treasury stock, at cost (2018 - 172,959 shares, 2017 - 168,970 shares) (3,756) (3,408)
Total stockholders' equity 521,615 468,578
Noncontrolling interest 89 89
Total equity 521,704 468,667
Total liabilities and stockholders' equity $ 4,875,254 $ 4,682,976