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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 24,912 $ 22,112
Interest-bearing deposits with banks 287,539 261,859
Cash and cash equivalents 312,451 283,971
Interest-bearing time deposits with banks   248
Debt securities available-for-sale, at fair value 922,869 592,404
Debt securities held-to-maturity (fair value of $72,441 in 2020 and $90,529 in 2019) 68,395 88,477
Equity securities 4,844 4,389
Restricted stock, at cost 2,498 2,425
Loans held for sale 14,713 4,531
Loans, net of allowance for loan losses of $31,838 in 2020 and $22,299 in 2019 2,215,168 2,141,527
Bank premises and equipment, net 52,904 53,987
Bank premises held for sale 121 121
Foreclosed assets 4,168 5,099
Goodwill 23,620 23,620
Core deposit intangible assets, net 2,798 4,030
Mortgage servicing rights, at fair value 5,934 8,518
Investments in unconsolidated subsidiaries 1,165 1,165
Accrued interest receivable 14,255 13,951
Other assets 20,664 16,640
Total assets 3,666,567 3,245,103
Deposits:    
Noninterest-bearing 882,939 689,116
Interest-bearing 2,247,595 2,087,739
Total deposits 3,130,534 2,776,855
Securities sold under agreements to repurchase 45,736 44,433
Subordinated notes 39,238  
Junior subordinated debentures issued to capital trusts 37,648 37,583
Other liabilities 49,494 53,314
Total liabilities 3,302,650 2,912,185
COMMITMENTS AND CONTINGENCIES (Notes 11 and 23)
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 190,875 190,524
Retained earnings 154,614 134,287
Accumulated other comprehensive income 18,153 7,832
Total stockholders’ equity 363,917 332,918
Total liabilities and stockholders’ equity $ 3,666,567 $ 3,245,103