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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
ASSETS:    
Cash and due from banks $ 57,045 $ 33,205
Interest-bearing deposits with banks 258,271 127,329
Federal funds sold 84,151 23,437
Total cash and cash equivalents 399,467 183,971
Securities available-for-sale, at fair value 219,631 178,348
Other investments 14,829 12,913
Loans held for sale 6,330 5,856
Loans 2,408,284 1,897,392
Less: Allowance for loan losses (16,254) (10,243)
Loans, net 2,392,030 1,887,149
Premises and equipment, net 73,868 59,433
Other real estate owned 5,524 1,757
Goodwill and core deposit intangible, net 86,327 77,193
Bank owned life insurance 30,853 24,949
Other assets 37,126 17,554
Total assets 3,265,985 2,449,123
Deposits:    
Noninterest-bearing demand 645,650 364,155
Interest-bearing demand 479,212 380,234
Money market and savings 762,246 623,284
Time deposits 652,581 679,541
Total deposits 2,539,689 2,047,214
Borrowings 318,855 31,623
Subordinated debt 39,304 39,261
Other Liabilities 24,649 18,278
Total liabilities 2,922,497 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; 15,216,932 and 14,008,233 shares issued and outstanding, respectively 15,217 14,008
Additional paid-in capital 254,396 232,732
Retained earnings 73,283 65,839
Accumulated other comprehensive income 592 168
Total shareholders' equity 343,488 312,747
Total liabilities and shareholders' equity $ 3,265,985 $ 2,449,123