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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Loans, net of allowance for loan losses of $39,632 and $38,539, respectively $ 2,444,282,000 $ 2,282,766,000
Available-for-sale securities, at market (amortized cost $906,135 and $570,842, respectively) 897,585,000 580,543,000
Loans held for sale 11,843,000 19,474,000
Interest bearing deposits 400,940,000 304,750,000
Federal funds sold 27,055,000 675,000
Restricted equity securities, at cost 5,089,000 5,089,000
Total earning assets 3,786,794,000 3,193,297,000
Cash and due from banks 25,423,000 33,431,000
Premises and equipment, net 62,846,000 58,202,000
Accrued interest receivable 7,641,000 7,516,000
Deferred income taxes 12,792,000 7,089,000
Bank owned life insurance 46,206,000 35,197,000
Goodwill 4,805,000 4,805,000
Other assets 43,089,000 30,067,000
Total assets 3,989,596,000 3,369,604,000
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Deposits 3,555,071,000 2,960,595,000
Federal Home Loan Bank advances 0 3,638,000
Accrued interest and other liabilities 20,808,000 25,250,000
Total liabilities 3,575,879,000 2,989,483,000
Stockholders’ equity:    
Common stock, par value $2.00 per share, authorized 50,000,000 shares, 11,201,504 and 10,993,404 shares issued and outstanding, respectively 22,403,000 21,987,000
Additional paid-in capital 105,177,000 93,034,000
Retained earnings 292,452,000 257,935,000
Net unrealized gains (losses) on available-for-sale securities, net of taxes of $2,235 and $2,536, respectively (6,315,000) 7,165,000
Total stockholders’ equity 413,717,000 380,121,000
Total liabilities and stockholders’ equity $ 3,989,596,000 $ 3,369,604,000