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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 49,763 $ 44,368
Interest bearing deposits with other banks 687,910 488,326
Total cash and cash equivalents 737,673 532,694
Securities available for sale 675,100 584,908
Trading securities 9,960 6,649
Loans held for sale 10,528 8,514
Loans 3,469,845 3,371,789
Less: allowance for credit losses (36,908) (34,340)
Net loans 3,432,937 3,337,449
FHLB, other equity, and restricted equity interests 21,478 21,018
Premises and equipment, net 59,691 60,064
Operating lease assets 17,858 18,407
Bank owned life insurance 98,525 76,471
Mortgage servicing rights 1,658 1,527
Goodwill 43,749 43,749
Core deposit intangible 511 567
Accrued interest receivable and other assets 38,666 37,382
Total Assets 5,148,334 4,729,399
LIABILITIES AND SHAREHOLDERS’ EQUITY    
Non-interest bearing deposits 727,177 627,114
Interest bearing deposits 3,777,588 3,554,630
Total deposits 4,504,765 4,181,744
Subordinated notes and debentures 154,136 70,620
Operating lease liabilities 19,014 19,449
Accrued interest payable and other liabilities 40,470 41,449
Total liabilities 4,718,385 4,313,262
Preferred stock, Series A non-cumulative perpetual, $0 par value; $1,000 liquidation preference; authorized 60,375 shares; issued 60,375 shares at June 30, 2021 and December 31, 2020, respectively 57,785 57,785
Common stock, $0 par value; authorized 50,000,000 shares; issued 16,978,057 shares at June 30, 2021 and December 31, 2020, respectively 0 0
Additional paid in capital 126,875 127,518
Retained earnings 239,017 218,727
Treasury stock, at cost (93,538 and 145,049 shares for June 30, 2021 and December 31, 2020, respectively) (1,672) (2,967)
Accumulated other comprehensive income (loss) 7,944 15,074
Total shareholders’ equity 429,949 416,137
Total Liabilities and Shareholders’ Equity $ 5,148,334 $ 4,729,399