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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
[1]
Assets    
Cash and due from banks $ 49,895 $ 66,818
Federal funds sold 323,355 148,000
Interest-bearing deposits in banks 2,414 2,191
Total cash and cash equivalents 375,664 217,009
Debt securities available for sale 90,972 169,574
Loans held for sale 0 263
Loans held for investment, net of unearned income (includes covered loans of $10,744 and $12,861, respectively) 2,194,995 2,114,460
Allowance for loan losses (27,277) (18,425)
Loans held for investment, net 2,167,718 2,096,035
FDIC indemnification asset 1,598 2,883
Premises and equipment, net 60,488 62,824
Other real estate owned 2,103 3,969
Interest receivable 9,151 6,677
Goodwill 129,565 129,565
Other intangible assets 7,433 8,519
Other assets 103,236 101,529
Total assets 2,947,928 2,798,847
Liabilities    
Noninterest-bearing 750,277 627,868
Interest-bearing 1,741,962 1,702,044
Total deposits 2,492,239 2,329,912
Securities sold under agreements to repurchase 956 1,601
Interest, taxes, and other liabilities 34,816 38,515
Total liabilities 2,528,011 2,370,028
Stockholders' equity    
Preferred stock, undesignated par value; 1,000,000 shares authorized; Series A Noncumulative Convertible Preferred Stock, $0.01 par value; 25,000 shares authorized; none outstanding 0 0
Common stock, $1 par value; 50,000,000 shares authorized; 24,313,091 shares issued and 17,716,522 outstanding at September 30, 2020; 24,238,907 shares issued and 18,376,991 outstanding at December 31, 2019 17,717 18,377
Additional paid-in capital 172,980 192,413
Retained earnings 230,464 219,535
Accumulated other comprehensive loss (1,244) (1,506)
Total stockholders' equity 419,917 428,819
Total liabilities and stockholders' equity $ 2,947,928 $ 2,798,847
[1] Derived from audited financial statements