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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
[1]
Assets    
Cash and due from banks $ 75,496 $ 77,563
Federal funds sold 252,518 37,312
Interest-bearing deposits in banks 1,863 1,545
Total cash and cash equivalents 329,877 116,420
Debt securities available-for-sale, at fair value 129,686 280,961
Loans held for investment, net of unearned income 2,473,268 2,572,298
Allowance for credit losses (34,885) (36,189)
Loans held for investment, net 2,438,383 2,536,109
Premises and equipment, net 50,528 50,680
Other real estate owned 100 192
Interest receivable 9,984 10,881
Goodwill 143,946 143,946
Other intangible assets 14,085 15,145
Other assets 116,230 114,211
Total assets 3,232,819 3,268,545
Liabilities    
Noninterest-bearing 889,462 931,920
Interest-bearing 1,787,810 1,790,405
Total deposits 2,677,272 2,722,325
Securities sold under agreements to repurchase 894 1,119
Interest, taxes, and other liabilities 45,769 41,807
Total liabilities 2,723,935 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; 27,534,864 shares issued and 18,270,273 outstanding at June 30, 2024; 27,522,547 shares issued and 18,502,396 outstanding at December 31, 2023 18,270 18,502
Additional paid-in capital 168,272 175,841
Retained earnings 334,756 319,902
Accumulated other comprehensive loss (12,414) (10,951)
Total stockholders' equity 508,884 503,294
Total liabilities and stockholders' equity $ 3,232,819 $ 3,268,545
[1] Derived from audited financial statements