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Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Cash and due from banks:    
Non-interest bearing $ 90,907,000 $ 75,152,000
Interest bearing 76,335,000 340,821,000
Federal funds sold 1,360,000 1,308,000
Cash and cash equivalents 168,602,000 417,281,000
Certificates of deposit investments 2,450,000 2,695,000
Investment securities:    
Available-for-sale, at fair value 1,421,422,000 879,240,000
Held-to-maturity, at amortized cost (estimated fair value of $7,035 and $5,119 at December 31, 2021 and 2020, respectively) 7,030,000 5,016,000
Equity securities, at fair value 397,000 218,000
Loans held for sale 2,748,000 1,924,000
Loans 3,992,775,000 3,136,495,000
Less allowance for credit losses (54,655,000) (41,910,000)
Net loans 3,938,120,000 3,094,585,000
Interest receivable 19,868,000 19,287,000
Other real estate owned 4,984,000 2,489,000
Premises and equipment, net 81,484,000 58,206,000
Goodwill, net 111,853,000 104,992,000
Intangible assets, net 29,523,000 23,128,000
Bank owned life insurance 132,375,000 68,955,000
Right of use asset 15,116,000 17,209,000
Other assets 50,610,000 31,123,000
Total assets 5,986,582,000 4,726,348,000
Deposits:    
Non-interest bearing 1,246,673,000 936,926,000
Interest bearing 3,709,813,000 2,755,858,000
Total deposits 4,956,486,000 3,692,784,000
Repurchase agreements with customers 146,268,000 206,937,000
Interest payable 1,346,000 2,345,000
FHLB borrowings 86,446,000 93,969,000
Junior subordinated debentures, net 19,195,000 19,027,000
Subordinated debt, net 94,400,000 94,253,000
Lease liability 15,322,000 17,351,000
Other liabilities 33,225,000 31,454,000
Total liabilities 5,352,688,000 4,158,120,000
Stockholders’ equity:    
Common stock, $4 par value; authorized 30,000,000 shares; issued 18,708,746 shares in 2021 and 17,361,898 shares in 2020; outstanding 18,080,303 shares in 2021 and 16,741,207 shares in 2020 76,835,000 71,449,000
Additional paid-in capital 340,419,000 297,806,000
Retained earnings 234,162,000 197,726,000
Deferred compensation 2,517,000 2,980,000
Accumulated other comprehensive income (loss) (831,000) 17,095,000
Less treasury stock at cost, 628,443 shares in 2021 and 620,691 shares in 2020 (19,208,000) (18,828,000)
Total stockholders’ equity 633,894,000 568,228,000
Total liabilities and stockholders’ equity $ 5,986,582,000 $ 4,726,348,000