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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
[1]
Assets    
Cash and due from banks $ 89,068 $ 77,563
Federal funds sold 224,378 37,312
Interest-bearing deposits in banks 1,892 1,545
Total cash and cash equivalents 315,338 116,420
Debt securities available-for-sale, at fair value 166,669 280,961
Loans held for investment, net of unearned income 2,444,113 2,572,298
Allowance for credit losses (35,118) (36,189)
Loans held for investment, net 2,408,995 2,536,109
Premises and equipment, net 49,654 50,680
Other real estate owned 346 192
Interest receivable 9,883 10,881
Goodwill 143,946 143,946
Other intangible assets 13,550 15,145
Other assets 115,980 114,211
Total assets 3,224,361 3,268,545
Liabilities    
Noninterest-bearing 869,723 931,920
Interest-bearing 1,789,530 1,790,405
Total deposits 2,659,253 2,722,325
Securities sold under agreements to repurchase 954 1,119
Interest, taxes, and other liabilities 43,460 41,807
Total liabilities 2,703,667 2,765,251
Stockholders' equity    
Preferred stock, undesignated par value; 1,000,000 shares authorized; Series A Noncumulative Convertible Preferred Stock, $0.01 par value; 25,000 shares authorized; none outstanding 0 0
Common stock, $1 par value; 50,000,000 shares authorized; 27,568,383 shares issued and 18,290,938 outstanding at September 30, 2024; 27,522,547 shares issued and 18,502,396 outstanding at December 31, 2023 18,291 18,502
Additional paid-in capital 168,691 175,841
Retained earnings 342,121 319,902
Accumulated other comprehensive loss (8,409) (10,951)
Total stockholders' equity 520,694 503,294
Total liabilities and stockholders' equity $ 3,224,361 $ 3,268,545
[1] Derived from audited financial statements