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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 32,424 $ 34,096
Interest bearing deposits with financial institutions 225,065 16,536
Cash and cash equivalents 257,489 50,632
Securities available-for-sale, at fair value 447,436 484,648
Federal Home Loan Bank Chicago ("FHLBC") and Federal Reserve Bank Chicago ("FRBC") stock 9,917 9,917
Loans held-for-sale 9,416 3,061
Loans 2,052,336 1,930,812
Less: allowance for loan losses 31,273 19,789
Net loans 2,021,063 1,911,023
Premises and equipment, net 44,536 44,354
Other real estate owned 5,082 5,004
Mortgage servicing rights, net 4,479 5,935
Goodwill and core deposit intangible 21,023 21,275
Bank-owned life insurance (BOLI) 61,763 61,763
Deferred tax assets, net 13,242 11,459
Other assets 36,990 26,474
Total assets 2,932,436 2,635,545
Deposits:    
Noninterest bearing demand 890,636 669,795
Interest bearing:    
Savings, NOW, and money market 1,133,283 1,015,285
Time 427,398 441,669
Total deposits 2,451,317 2,126,749
Securities sold under repurchase agreements 52,088 48,693
Other short-term borrowings 8,250 48,500
Junior subordinated debentures 25,773 57,734
Senior notes 44,323 44,270
Notes payable and other borrowings 25,541 6,673
Other liabilities 42,628 25,062
Total liabilities 2,649,920 2,357,681
Stockholders' Equity    
Common stock 34,957 34,854
Additional paid-in capital 121,437 120,657
Retained earnings 218,856 213,723
Accumulated other comprehensive (loss) income 6,422 4,562
Treasury stock (99,156) (95,932)
Total stockholders' equity 282,516 277,864
Total liabilities and stockholders' equity $ 2,932,436 $ 2,635,545