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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 63,044 $ 47,067 [1]
Federal funds sold 105,636 627,036 [1]
Interest-bearing deposits in banks 2,166 3,336 [1]
Total cash and cash equivalents 170,846 677,439 [1]
Debt securities available for sale 300,349 76,292 [1]
Loans held for investment, net of unearned income 2,400,197 2,165,569 [1]
Allowance for credit losses (30,556) (27,858) [1]
Loans held for investment, net 2,369,641 2,137,711 [1]
Premises and equipment, net 47,340 52,284 [1]
Other real estate owned 703 1,015 [1]
Interest receivable 9,279 7,900 [1]
Goodwill 129,565 129,565 [1]
Other intangible assets 4,176 5,622 [1]
Other assets 103,673 106,691 [1]
Total assets 3,135,572 3,194,519 [1]
Liabilities    
Noninterest-bearing deposits 872,168 842,783
Interest-bearing deposits 1,806,647 1,886,608
Total deposits 2,678,815 2,729,391 [1]
Securities sold under agreements to repurchase 1,874 1,536 [1]
Interest, taxes, and other liabilities 32,898 35,817 [1]
Total liabilities 2,713,587 2,766,744 [1]
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 [1]
Common stock, $1 par value; 50,000,000 shares authorized; 23,371,822 issued and 16,225,399 outstanding at December 31, 2022; 23,971,347 shares issued and 16,878,220 shares outstanding at December 31, 2021 16,225 16,878
Additional paid-in capital 128,508 147,619 [1]
Retained earnings 292,971 264,824 [1]
Accumulated other comprehensive loss (15,719) (1,546) [1]
Total stockholders' equity 421,985 427,775 [1]
Total liabilities and stockholders' equity $ 3,135,572 $ 3,194,519 [1]
[1] Derived from audited financial statements