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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 30,943 $ 23,229
Federal funds sold and other 52,164 47,531
TOTAL CASH AND CASH EQUIVALENTS 83,107 70,760
Securities available for sale 448,043 432,233
Equity securities 8,080 7,909
Loans held for sale 3,272 2,600
Loans 1,976,582 1,811,539
Less allowance for loan losses 14,952 14,487
NET LOANS 1,961,630 1,797,052
Premises and equipment, net 25,374 23,817
Goodwill 47,360 38,201
Other intangibles, net 4,838 4,444
Bank owned life insurance 35,735 35,527
Other assets 50,810 36,615
TOTAL ASSETS 2,668,249 2,449,158
Deposits:    
Noninterest-bearing 449,952 434,126
Interest-bearing 1,679,325 1,490,763
Brokered time deposits 117,000 84,075
TOTAL DEPOSITS 2,246,277 2,008,964
Short-term borrowings 19,998 77,050
Long-term borrowings 76,854 45,147
Other liabilities 21,523 18,688
TOTAL LIABILITIES 2,364,652 2,149,849
Commitments and contingent liabilities
Stockholders' Equity:    
Common Stock - Authorized 50,000,000 shares; issued 29,577,827 in 2020 and 28,179,598 in 2019 209,214 186,345
Retained earnings 114,351 108,851
Accumulated other comprehensive income (loss) (28) 9,826
Treasury stock, at cost; 1,450,492 shares in 2020 and 508,859 shares in 2019 (19,940) (5,713)
TOTAL STOCKHOLDERS' EQUITY 303,597 299,309
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,668,249 $ 2,449,158