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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 88,422 $ 62,304
Federal funds sold and interest bearing due from banks 485,447 898,888
Total cash and cash equivalents 573,869 961,192
Mortgage loans held for sale, at fair value 10,045 8,614
Available for sale debt securities (amortized cost of $1,254,650 in 2022 and $1,190,379 in 2021, respectively) 1,140,039 1,180,298
Held to maturity debt securities (fair value of $460,846 in 2022 and $0 in 2021, respectively) 485,449 0
Federal Home Loan Bank stock, at cost 13,811 9,376
Loans [1] 4,877,324 4,169,303
Allowance for credit losses on loans 66,362 53,898
Net loans 4,810,962 4,115,405
Premises and equipment, net 119,462 76,894
Bank owned life insurance 53,609 53,073
Accrued interest receivable 17,056 13,745
Goodwill 202,524 135,830
Other assets 125,922 86,002
Total assets 7,583,105 6,646,025
Liabilities    
Non-interest bearing 2,121,304 1,755,754
Interest bearing 4,427,826 4,031,760
Total deposits 6,549,130 5,787,514
Securities sold under agreements to repurchase 161,512 75,466
Federal funds purchased 8,771 10,374
Subordinated debentures 26,144 0
Accrued interest payable 277 300
Other liabilities 87,110 96,502
Total liabilities 6,832,944 5,970,156
Commitments and contingent liabilities (Footnote 12)
Stockholders’ equity    
Preferred stock, no par value. Authorized 1,000,000 shares; no shares issued or outstanding 0 0
Common stock, no par value. Authorized 40,000,000 shares; issued and outstanding 29,243,000 and 26,596,000 shares in 2022 and 2021, respectively 58,315 49,501
Additional paid-in capital 374,878 243,107
Retained earnings 401,275 391,201
Accumulated other comprehensive loss (87,337) (7,940)
Total stockholders’ equity 747,131 675,869
Non-controlling interest 3,030 0
Total equity 750,161 675,869
Total liabilities and equity 7,583,105 6,646,025
Core Deposits [Member]    
Assets    
Intangible 16,870 5,596
Customer Lists [Member]    
Assets    
Intangible $ 13,487 $ 0
[1] Total loans are presented inclusive of premiums, discounts and net loan origination fees and costs.