XML 13 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 21,789 $ 22,112
Interest-bearing deposits with banks 292,576 261,859
Cash and cash equivalents 314,365 283,971
Interest-bearing time deposits with banks   248
Debt securities available-for-sale, at fair value 701,353 592,404
Debt securities held-to-maturity (fair value of $78,317 in 2020 and $90,529 in 2019) 73,823 88,477
Equity securities 4,815 4,389
Restricted stock, at cost 2,498 2,425
Loans held for sale 25,934 4,531
Loans, net of allowance for loan losses of $29,723 in 2020 and $22,299 in 2019 2,246,072 2,141,527
Bank premises and equipment, net 53,883 53,987
Bank premises held for sale 121 121
Foreclosed assets 4,450 5,099
Goodwill 23,620 23,620
Core deposit intangible assets, net 3,408 4,030
Mortgage servicing rights, at fair value 5,839 8,518
Investments in unconsolidated subsidiaries 1,165 1,165
Accrued interest receivable 12,661 13,951
Other assets 27,405 16,640
Total assets 3,501,412 3,245,103
Deposits:    
Noninterest-bearing 856,030 689,116
Interest-bearing 2,159,083 2,087,739
Total deposits 3,015,113 2,776,855
Securities sold under agreements to repurchase 51,354 44,433
Subordinated debentures 37,616 37,583
Other liabilities 49,489 53,314
Total liabilities 3,153,572 2,912,185
COMMITMENTS AND CONTINGENCIES (Notes 7 and 17)
Stockholders' Equity    
Preferred stock, $0.01 par value, 25,000,000 shares authorized, none issued or outstanding
Common stock, $0.01 par value; 125,000,000 shares authorized; 27,457,306 shares issued and outstanding 275 275
Surplus 190,687 190,524
Retained earnings 139,667 134,287
Accumulated other comprehensive income 17,211 7,832
Total stockholders’ equity 347,840 332,918
Total liabilities and stockholders’ equity $ 3,501,412 $ 3,245,103