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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 36,508 $ 24,912
Interest-bearing deposits with banks 435,421 287,539
Cash and cash equivalents 471,929 312,451
Debt securities available-for-sale, at fair value 896,218 922,869
Debt securities held-to-maturity (fair value of $321,156 in 2021 and $72,441 in 2020) 318,730 68,395
Equity securities with readily determinable fair value 3,366 3,292
Equity securities with no readily determinable fair value 1,867 1,552
Restricted stock, at cost 2,739 2,498
Loans held for sale 8,582 14,713
Loans, net of allowance for loan losses of $24,861 in 2021 and $31,838 in 2020 2,122,951 2,215,168
Bank premises and equipment, net 49,337 52,904
Bank premises held for sale 1,462 121
Foreclosed assets 7,315 4,168
Goodwill 23,620 23,620
Core deposit intangible assets, net 1,999 2,798
Mortgage servicing rights, at fair value 7,359 5,934
Investments in unconsolidated subsidiaries 1,165 1,165
Accrued interest receivable 13,376 14,255
Other assets 16,211 20,664
Total assets 3,948,226 3,666,567
Deposits:    
Noninterest-bearing 1,003,723 882,939
Interest-bearing 2,415,833 2,247,595
Total deposits 3,419,556 3,130,534
Securities sold under agreements to repurchase 47,957 45,736
Subordinated notes 39,297 39,238
Junior subordinated debentures issued to capital trusts 37,698 37,648
Other liabilities 24,897 49,494
Total liabilities 3,569,405 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 27,334,428 in 2021 and 27,457,306 in 2020 275 275
Surplus 191,413 190,875
Retained earnings 184,919 154,614
Accumulated other comprehensive income 4,537 18,153
Treasury stock at cost, 143,103 shares in 2021 and none in 2020 (2,323)  
Total stockholders' equity 378,821 363,917
Total liabilities and stockholders' equity $ 3,948,226 $ 3,666,567