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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 68,605 $ 192,290
Short-term investments 30,776 24,632
Total cash and cash equivalents 99,381 216,922
Securities available-for-sale (carried at fair value) 608,233 585,549
Real estate mortgage loans held-for-sale 4,527 2,293
Loans, net of allowance for loan losses of $50,652 and $48,453 4,015,176 3,866,292
Land, premises and equipment, net 60,154 58,097
Bank owned life insurance 83,848 77,106
Federal Reserve and Federal Home Loan Bank Stock 13,772 13,772
Accrued interest receivable 15,391 15,518
Goodwill 4,970 4,970
Other assets 41,293 34,735
Total assets 4,946,745 4,875,254
LIABILITIES    
Noninterest bearing deposits 983,307 946,838
Interest bearing deposits 3,150,512 3,097,227
Total deposits 4,133,819 4,044,065
Securities sold under agreements to repurchase 0 75,555
Federal Home Loan Bank advances 170,000 170,000
Subordinated debentures 0 30,928
Total borrowings 170,000 276,483
Accrued interest payable 11,604 10,404
Other liabilities 33,222 22,598
Total liabilities 4,348,645 4,353,550
Commitments, off-balance sheet risks and contingencies (Notes 1 and 18)
STOCKHOLDERS' EQUITY    
Common stock: 90,000,000 shares authorized, no par value 25,623,016 shares issued and 25,444,275 outstanding as of December 31, 2019 25,301,732 shares issued and 25,128,773 outstanding as of December 31, 2018 114,858 112,383
Retained earnings 475,247 419,179
Accumulated other comprehensive income (loss) 12,059 (6,191)
Treasury stock, at cost (178,741 shares and 172,959 shares as of December 31, 2019 and 2018, respectively) (4,153) (3,756)
Total stockholders' equity 598,011 521,615
Noncontrolling interest 89 89
Total equity 598,100 521,704
Total liabilities and equity $ 4,946,745 $ 4,875,254