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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS:    
Cash and due from banks $ 38,802 $ 33,205
Interest-bearing deposits with banks 194,454 127,329
Federal funds sold 75,833 23,437
Total cash and cash equivalents 309,089 183,971
Securities available-for-sale, at fair value 201,002 178,348
Other investments 14,113 12,913
Loans held for sale 6,045 5,856
Loans 2,139,247 1,897,392
Less: Allowance for loan losses (13,431) (10,243)
Loans, net 2,125,816 1,887,149
Premises and equipment, net 73,801 59,433
Other real estate owned 5,894 1,757
Goodwill and core deposit intangible, net 86,503 77,193
Bank owned life insurance 30,671 24,949
Other assets 20,781 17,554
Total assets 2,873,715 2,449,123
Deposits:    
Noninterest-bearing demand 431,781 364,155
Interest-bearing demand 444,141 380,234
Money market and savings 730,392 623,284
Time deposits 735,616 679,541
Total deposits 2,341,930 2,047,214
Securities sold under agreement to repurchase 6,164 6,184
Federal Home Loan Bank advances and other borrowings 125,439 25,439
Subordinated debt 39,283 39,261
Other Liabilities 24,699 18,278
Total liabilities 2,537,515 2,136,376
Shareholders' equity:    
Preferred stock, $1 par value; 2,000,000 shares authorized; No shares issued and outstanding 0 0
Common stock, $1 par value; 40,000,000 shares authorized; 15,221,990 and 14,008,233 shares issued and outstanding, respectively 15,222 14,008
Additional paid-in capital 254,356 232,732
Retained earnings 67,869 65,839
Accumulated other comprehensive income (loss) (1,247) 168
Total shareholders' equity 336,200 312,747
Total liabilities and shareholders' equity $ 2,873,715 $ 2,449,123