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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 22,134 $ 23,229
Federal funds sold and other 81,820 47,531
TOTAL CASH AND CASH EQUIVALENTS 103,954 70,760
Securities available for sale 475,614 432,233
Equity securities 8,375 7,909
Loans held for sale 3,395 2,600
Loans 2,143,600 1,811,539
Less allowance for loan losses 16,960 14,487
NET LOANS 2,126,640 1,797,052
Premises and equipment, net 25,596 23,817
Goodwill 47,360 38,201
Other intangibles, net 4,506 4,444
Bank owned life insurance 35,939 35,527
Other assets 48,210 36,615
TOTAL ASSETS 2,879,589 2,449,158
Deposits:    
Noninterest-bearing 593,162 434,126
Interest-bearing 1,789,323 1,490,763
Brokered time deposits 57,000 84,075
TOTAL DEPOSITS 2,439,485 2,008,964
Short-term borrowings 3,382 77,050
Long-term borrowings 76,733 45,147
Other liabilities 28,637 18,688
TOTAL LIABILITIES 2,548,237 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 208,390 186,345
Retained earnings 122,061 108,851
Accumulated other comprehensive income (loss) 20,036 9,826
Treasury stock, at cost; 1,398,023 shares in 2020 and 508,859 in 2019 (19,135) (5,713)
TOTAL STOCKHOLDERS' EQUITY 331,352 299,309
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,879,589 $ 2,449,158