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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
[1]
Assets    
Cash and due from banks $ 50,485 $ 47,067
Federal funds sold 403,742 627,036
Interest-bearing deposits in banks 3,079 3,336
Total cash and cash equivalents 457,306 677,439
Debt securities available for sale 268,703 76,292
Loans held for investment, net of unearned income 2,244,296 2,165,569
Allowance for credit losses (28,981) (27,858)
Loans held for investment, net 2,215,315 2,137,711
Premises and equipment, net 50,912 52,284
Other real estate owned 848 1,015
Interest receivable 8,100 7,900
Goodwill 129,565 129,565
Other intangible assets 5,266 5,622
Other assets 108,112 106,691
Total assets 3,244,127 3,194,519
Liabilities    
Noninterest-bearing 860,652 842,783
Interest-bearing 1,922,292 1,886,608
Total deposits 2,782,944 2,729,391
Securities sold under agreements to repurchase 2,488 1,536
Interest, taxes, and other liabilities 34,539 35,817
Total liabilities 2,819,971 2,766,744
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; 23,910,857 shares issued and 16,781,975 outstanding at March 31, 2022; 23,971,347 shares issued and 16,878,220 outstanding at December 31, 2021 16,782 16,878
Additional paid-in capital 144,088 147,619
Retained earnings 269,798 264,824
Accumulated other comprehensive loss (6,512) (1,546)
Total stockholders' equity 424,156 427,775
Total liabilities and stockholders' equity $ 3,244,127 $ 3,194,519
[1] Derived from audited financial statements