XML 13 R2.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 47,861 $ 24,912
Interest-bearing deposits with banks 497,742 287,539
Cash and cash equivalents 545,603 312,451
Debt securities available-for-sale, at fair value 836,267 922,869
Debt securities held-to-maturity (fair value of $314,924 in 2021 and $72,441 in 2020) 309,132 68,395
Equity securities with readily determinable fair value 3,338 3,292
Equity securities with no readily determinable fair value 1,552 1,552
Restricted stock, at cost 2,739 2,498
Loans held for sale 5,951 14,713
Loans, net of allowance for loan losses of $26,507 in 2021 and $31,838 in 2020 2,125,612 2,215,168
Bank premises and equipment, net 51,900 52,904
Bank premises held for sale 121 121
Foreclosed assets 7,757 4,168
Goodwill 23,620 23,620
Core deposit intangible assets, net 2,251 2,798
Mortgage servicing rights, at fair value 7,319 5,934
Investments in unconsolidated subsidiaries 1,165 1,165
Accrued interest receivable 12,785 14,255
Other assets 16,565 20,664
Total assets 3,953,677 3,666,567
Deposits:    
Noninterest-bearing 1,011,481 882,939
Interest-bearing 2,413,153 2,247,595
Total deposits 3,424,634 3,130,534
Securities sold under agreements to repurchase 46,756 45,736
Subordinated notes 39,277 39,238
Junior subordinated debentures issued to capital trusts 37,681 37,648
Other liabilities 32,135 49,494
Total liabilities 3,580,483 3,302,650
COMMITMENTS AND CONTINGENCIES (Notes 8 and 19)
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; shares issued of 27,477,531 in 2021 and 27,457,306 in 2020; shares outstanding of 27,355,053 in 2021 and 27,457,306 in 2020 275 275
Surplus 191,185 190,875
Retained earnings 175,328 154,614
Accumulated other comprehensive income 8,386 18,153
Treasury stock at cost, 122,478 shares in 2021 (1,980)  
Total stockholders' equity 373,194 363,917
Total liabilities and stockholders' equity $ 3,953,677 $ 3,666,567