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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 23,387 $ 24,912
Interest-bearing deposits with banks 385,881 287,539
Cash and cash equivalents 409,268 312,451
Interest-bearing time deposits with banks 490  
Debt securities available-for-sale, at fair value 942,168 922,869
Debt securities held-to-maturity (fair value of $336,027 in 2021 and $72,441 in 2020) 336,185 68,395
Equity securities with readily determinable fair value 3,443 3,292
Equity securities with no readily determinable fair value 1,927 1,552
Restricted stock, at cost 2,739 2,498
Loans held for sale 4,942 14,713
Loans, before allowance for loan losses 2,499,689 2,247,006
Allowance for loan losses (23,936) (31,838)
Loans, net of allowance for loan losses 2,475,753 2,215,168
Bank owned life insurance 7,393  
Bank premises and equipment, net 52,483 52,904
Bank premises held for sale 1,452 121
Foreclosed assets 3,278 4,168
Goodwill 29,322 23,620
Core deposit intangible assets, net 1,943 2,798
Mortgage servicing rights, at fair value 7,994 5,934
Investments in unconsolidated subsidiaries 1,165 1,165
Accrued interest receivable 14,901 14,255
Other assets 17,408 20,664
Total assets 4,314,254 3,666,567
Deposits:    
Noninterest-bearing 1,087,659 882,939
Interest-bearing 2,650,526 2,247,595
Total deposits 3,738,185 3,130,534
Securities sold under agreements to repurchase 61,256 45,736
Subordinated notes 39,316 39,238
Junior subordinated debentures issued to capital trusts 37,714 37,648
Other liabilities 25,902 49,494
Total liabilities 3,902,373 3,302,650
COMMITMENTS AND CONTINGENCIES (Notes 12 and 24)
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 29,276,547 in 2021 and 27,457,306 in 2020; shares outstanding of 28,986,061 in 2021 and 27,457,306 in 2020 293 275
Surplus 220,891 190,875
Retained earnings 194,132 154,614
Accumulated other comprehensive income 1,471 18,153
Treasury stock at cost, 290,486 shares in 2021 and none in 2020 (4,906)  
Total stockholders' equity 411,881 363,917
Total liabilities and stockholders' equity $ 4,314,254 $ 3,666,567