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Consolidated Balance Sheets - USD ($)
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Loans, net of allowance for credit losses of $39,813 and $39,632, respectively $ 3,113,796,000 $ 2,444,282,000
Available-for-sale securities, at market (amortized cost $972,315 and $906,135, respectively) 822,812,000 897,585,000
Loans held for sale 3,355,000 11,843,000
Interest bearing deposits 78,694,000 400,940,000
Federal funds sold 308,000 27,055,000
Restricted equity securities, at cost 4,357,000 5,089,000
Total earning assets 4,023,322,000 3,786,794,000
Cash and due from banks 25,787,000 25,423,000
Premises and equipment, net 62,031,000 62,846,000
Accrued interest receivable 11,397,000 7,641,000
Deferred income taxes 51,323,000 12,792,000
Bank owned life insurance 58,007,000 46,206,000
Goodwill 4,805,000 4,805,000
Other assets 48,978,000 43,089,000
Total assets 4,285,650,000 3,989,596,000
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Noninterest-bearing 414,905,000 433,500,000
Interest bearing 3,477,800,000 3,121,571,000
Total deposits 3,892,705,000 3,555,071,000
Accrued interest and other liabilities 32,493,000 20,808,000
Total liabilities 3,925,198,000 3,575,879,000
Stockholders’ equity:    
Common stock, par value $2.00 per share, authorized 50,000,000 shares, 11,472,181 and 11,201,504 shares issued and outstanding, respectively 22,944,000 22,403,000
Additional paid-in capital 122,298,000 105,177,000
Retained earnings 325,625,000 292,452,000
Noncontrolling interest in consolidated subsidiary 15,000 0
Accumulated other comprehensive losses, net of taxes of $39,073 and $2,235, respectively (110,430,000) (6,315,000)
Total stockholders’ equity 360,452,000 413,717,000
Total liabilities and stockholders’ equity $ 4,285,650,000 $ 3,989,596,000