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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and due from financial institutions $ 42,779 $ 40,519
Securities available for sale 346,294 230,230
Equity securities 1,070 832
Loans held for sale 1,391 2,197
Loans, net of allowance of $13,679 and $13,134 1,548,262 1,151,527
Other securities 21,021 14,247
Premises and equipment, net 22,021 17,611
Accrued interest receivable 6,723 4,488
Goodwill 76,851 27,095
Other intangible assets 9,352 1,279
Bank owned life insurance 43,037 25,125
Other assets 20,153 10,707
Total assets 2,138,954 1,525,857
Deposits    
Noninterest-bearing 468,083 361,964
Interest-bearing 1,111,810 842,959
Total deposits 1,579,893 1,204,923
Federal Home Loan Bank advances 193,600 71,900
Securities sold under agreements to repurchase 22,199 21,755
Subordinated debentures 29,427 29,427
Accrued expenses and other liabilities 14,937 13,391
Total liabilities 1,840,056 1,341,396
SHAREHOLDERS’ EQUITY    
Preferred stock, no par value, 200,000 shares of Series B Preferred stock, $1,000 liquidation preference, authorized, 10,120 shares issued at December 31, 2018 and 18,760 shares issued at December 31, 2017, net of issuance costs 9,364 17,358
Common stock, no par value, 20,000,000 shares authorized, 16,351,463 shares issued at December 31, 2018 and 10,946,439 shares issued at December 31, 2017 266,901 153,810
Accumulated earnings 41,320 31,652
Treasury stock, 747,964 common shares at cost (17,235) (17,235)
Accumulated other comprehensive loss (1,452) (1,124)
Total shareholders’ equity 298,898 184,461
Total liabilities and shareholders’ equity $ 2,138,954 $ 1,525,857