XML 12 R2.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
 [1]
Assets    
Cash and due from banks $ 67,128 $ 77,563
Federal funds sold 179,943 37,312
Interest-bearing deposits in banks 1,834 1,545
Total cash and cash equivalents 248,905 116,420
Debt securities available-for-sale, at fair value 166,247 280,961
Loans held for investment, net of unearned income 2,519,833 2,572,298
Allowance for credit losses (35,461) (36,189)
Loans held for investment, net 2,484,372 2,536,109
Premises and equipment, net 51,333 50,680
Other real estate owned 374 192
Interest receivable 10,719 10,881
Goodwill 143,946 143,946
Other intangible assets 14,615 15,145
Other assets 115,470 114,211
Total assets 3,235,981 3,268,545
Liabilities    
Noninterest-bearing 902,396 931,920
Interest-bearing 1,779,819 1,790,405
Total deposits 2,682,215 2,722,325
Securities sold under agreements to repurchase 1,006 1,119
Interest, taxes, and other liabilities 45,816 41,807
Total liabilities 2,729,037 2,765,251
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; 27,522,635 shares issued and 18,413,088 outstanding at March 31, 2024; 27,522,547 shares issued and 18,502,396 outstanding at December 31, 2023 18,413 18,502
Additional paid-in capital 173,041 175,841
Retained earnings 327,389 319,902
Accumulated other comprehensive loss (11,899) (10,951)
Total stockholders' equity 506,944 503,294
Total liabilities and stockholders' equity $ 3,235,981 $ 3,268,545
[1] Derived from audited financial statements