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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 22,347 $ 22,112
Interest-bearing deposits with banks 214,377 261,859
Cash and cash equivalents 236,724 283,971
Interest-bearing time deposits with banks   248
Debt securities available-for-sale, at fair value 814,798 592,404
Debt securities held-to-maturity (fair value of $78,891 in 2020 and $90,529 in 2019) 74,510 88,477
Equity securities 4,814 4,389
Restricted stock, at cost 2,498 2,425
Loans held for sale 23,723 4,531
Loans, net of allowance for loan losses of $31,654 in 2020 and $22,299 in 2019 2,247,985 2,141,527
Bank premises and equipment, net 53,271 53,987
Bank premises held for sale 121 121
Foreclosed assets 3,857 5,099
Goodwill 23,620 23,620
Core deposit intangible assets, net 3,103 4,030
Mortgage servicing rights, at fair value 5,571 8,518
Investments in unconsolidated subsidiaries 1,165 1,165
Accrued interest receivable 13,820 13,951
Other assets 25,643 16,640
Total assets 3,535,223 3,245,103
Deposits:    
Noninterest-bearing 850,306 689,116
Interest-bearing 2,166,355 2,087,739
Total deposits 3,016,661 2,776,855
Securities sold under agreements to repurchase 45,438 44,433
Subordinated notes 39,218  
Junior subordinated debentures issued to capital trusts 37,632 37,583
Other liabilities 40,980 53,314
Total liabilities 3,179,929 2,912,185
COMMITMENTS AND CONTINGENCIES (Notes 7 and 18)
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 190,787 190,524
Retained earnings 146,101 134,287
Accumulated other comprehensive income 18,131 7,832
Total stockholders’ equity 355,294 332,918
Total liabilities and stockholders’ equity $ 3,535,223 $ 3,245,103