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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 77,563 $ 63,044 [1]
Federal funds sold 37,312 105,636 [1]
Interest-bearing deposits in banks 1,545 2,166 [1]
Total cash and cash equivalents 116,420 170,846 [1]
Debt securities available for sale, at fair value 280,961 300,349
Loans held for investment, net of unearned income 2,572,298 2,400,197 [1]
Allowance for credit losses (36,189) (30,556) [1]
Loans held for investment, net 2,536,109 2,369,641 [1]
Premises and equipment, net 50,680 47,340 [1]
Other real estate owned 192 703 [1]
Interest receivable 10,881 9,279 [1]
Goodwill 143,946 129,565 [1]
Other intangible assets 15,145 4,176 [1]
Other assets 114,211 103,673 [1]
Total assets 3,268,545 3,135,572 [1]
Liabilities    
Noninterest-bearing deposits 931,920 872,168
Interest-bearing deposits 1,790,405 1,806,647
Total deposits 2,722,325 2,678,815 [1]
Securities sold under agreements to repurchase 1,119 1,874 [1]
Interest, taxes, and other liabilities 41,807 32,898 [1]
Total liabilities 2,765,251 2,713,587 [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; 27,522,547 issued and 18,502,396 outstanding at December 31, 2023; 24,477,471 shares issued and 16,225,399 shares outstanding at December 31, 2022 18,502 16,225
Additional paid-in capital 175,841 128,508 [1]
Retained earnings 319,902 292,971 [1]
Accumulated other comprehensive loss (10,951) (15,719) [1]
Total stockholders' equity 503,294 421,985 [1]
Total liabilities and stockholders' equity $ 3,268,545 $ 3,135,572 [1]
[1] Derived from audited financial statements