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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 20,194 $ 12,301
Short-term investments 241,040 502,627
Cash and cash equivalents 261,234 514,928
Securities available-for-sale, at fair value 740,074 673,453
Loans 959,487 960,567
Less: Allowance for credit losses 12,573 12,041
Loans, net 946,914 948,526
Payments in advance of funding 313,172 291,427
Premises and equipment, net 19,470 18,113
Investment in bank-owned life insurance 47,435 43,176
Goodwill 17,309 14,262
Other intangible assets, net 4,516 2,564
Other assets 93,864 48,452
Total assets 2,443,988 2,554,901
Deposits:    
Noninterest-bearing 604,492 582,642
Interest-bearing 585,083 638,861
Total deposits 1,189,575 1,221,503
Accounts and drafts payable 998,870 1,050,396
Other liabilities 49,929 37,204
Total liabilities 2,238,374 2,309,103
Shareholders’ Equity:    
Preferred stock, par value $.50 per share; 2,000,000 shares authorized and no shares issued 0 0
Common stock, par value $.50 per share; 40,000,000 shares authorized and 15,505,772 shares issued at June 30, 2022 and December 31, 2021; 13,657,724 and 13,734,295 shares outstanding at June 30, 2022 and December 31, 2021, respectively. 7,753 7,753
Additional paid-in capital 204,482 204,276
Retained earnings 121,386 112,220
Common shares in treasury, at cost (1,848,048 shares at June 30, 2022 and 1,771,477 shares at December 31, 2021) (81,742) (78,904)
Accumulated other comprehensive (loss) income (46,265) 453
Total shareholders’ equity 205,614 245,798
Total liabilities and shareholders’ equity $ 2,443,988 $ 2,554,901