XML 18 R2.htm IDEA: XBRL DOCUMENT v3.20.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 74,457 $ 68,605
Short-term investments 175,470 30,776
Total cash and cash equivalents 249,927 99,381
Securities available-for-sale (carried at fair value) 734,845 608,233
Real estate mortgage loans held-for-sale 11,218 4,527
Loans, net of allowance for loan losses of $61,408 and $50,652 4,587,748 4,015,176
Land, premises and equipment, net 59,298 60,365
Bank owned life insurance 95,227 83,848
Federal Reserve and Federal Home Loan Bank Stock 13,772 13,772
Accrued interest receivable 18,761 15,391
Goodwill 4,970 4,970
Other assets 54,669 41,082
Total assets 5,830,435 4,946,745
LIABILITIES    
Noninterest bearing deposits 1,538,331 983,307
Interest bearing deposits 3,498,474 3,150,512
Total deposits 5,036,805 4,133,819
Borrowings    
Federal Home Loan Bank advances 75,000 170,000
Miscellaneous borrowings 10,500  
Total borrowings 85,500 170,000
Accrued interest payable 5,959 11,604
Other liabilities 44,987 33,222
Total liabilities 5,173,251 4,348,645
Commitments, off-balance sheet risks and contingencies (Notes 1 and 18)
STOCKHOLDERS' EQUITY    
Common stock: 90,000,000 shares authorized, no par value 25,713,408 shares issued and 25,239,748 outstanding as of December 31, 2020 25,623,016 shares issued and 25,444,275 outstanding as of December 31, 2019 114,927 114,858
Retained earnings 529,005 475,247
Accumulated other comprehensive income 27,744 12,059
Treasury stock, at cost (473,660 shares and 178,741 shares as of December 31, 2020 and 2019, respectively) (14,581) (4,153)
Total stockholders' equity 657,095 598,011
Noncontrolling interest 89 89
Total equity 657,184 598,100
Total liabilities and equity $ 5,830,435 $ 4,946,745