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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Assets    
Loans $ 2,414,795 $ 2,321,305
Less: Allowance for loan losses (39,311) (38,539)
Net loans 2,375,484 2,282,766
Securities available-for-sale, at market (amortized cost $810,735 and $570,842, respectively) 808,887 580,543
Loans held for sale 10,536 19,474
Interest bearing deposits 380,995 304,750
Restricted equity securities 5,089 5,089
Federal funds sold 26,995 675
Total earning assets 3,607,986 3,193,297
Cash and due from banks 25,577 33,431
Bank premises and equipment, net 62,664 58,202
Accrued interest receivable 8,197 7,516
Deferred income tax asset 11,164 7,089
Bank owned life insurance 45,899 35,197
Other assets 42,037 30,067
Goodwill 4,805 4,805
Total assets 3,808,329 3,369,604
Liabilities and Stockholders’ Equity    
Deposits 3,374,496 2,960,595
Federal Home Loan Bank advances 0 3,638
Accrued interest and other liabilities 29,404 25,250
Total liabilities 3,403,900 2,989,483
Stockholders’ equity:    
Common stock, $2.00 par value; authorized 50,000,000 shares, issued and outstanding 11,194,320 and 10,993,404 shares, respectively 22,389 21,987
Additional paid-in capital 104,755 93,034
Retained earnings 278,650 257,935
Net unrealized gains (losses) on available-for-sale securities, net of income taxes of $483 and $2,536, respectively (1,365) 7,165
Total stockholders’ equity 404,429 380,121
Total liabilities and stockholders’ equity $ 3,808,329 $ 3,369,604