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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and Cash Equivalents $ 124,358 $ 87,043
Bank-Owned Certificates of Deposit 1,225 1,181
Securities Available for Sale, at Fair Value 553,076 548,613
Loans, Net of Allowance for Credit Losses of $50,585 at September 30, 2023 (unaudited) and $47,996 at December 31, 2022 3,664,464 3,512,157
Federal Home Loan Bank (FHLB) Stock, at Cost 17,056 19,606
Premises and Equipment, Net 49,331 48,445
Accrued Interest 15,182 13,479
Goodwill 2,626 2,626
Other Intangible Assets, Net 197 288
Bank-Owned Life Insurance 34,209 33,485
Other Assets 95,346 78,739
Total Assets 4,557,070 4,345,662
Deposits:    
Noninterest Bearing 754,297 884,272
Interest Bearing 2,921,212 2,532,271
Total Deposits 3,675,509 3,416,543
Federal Funds Purchased   287,000
Notes Payable 13,750 13,750
FHLB Advances 294,500 97,000
Subordinated Debentures, Net of Issuance Costs 79,192 78,905
Accrued Interest Payable 3,816 2,831
Other Liabilities 74,343 55,569
Total Liabilities 4,141,110 3,951,598
SHAREHOLDERS' EQUITY    
Preferred Stock- $0.01 par value; Authorized 10,000,000 Preferred Stock - Issued and Outstanding 27,600 Series A shares ($2,500 liquidation preference) at September 30, 2023 (unaudited) and December 31, 2022 66,514 66,514
Common Stock- $0.01 par value; Authorized 75,000,000 Common Stock - Issued and Outstanding 28,015,505 at September 30, 2023 (unaudited) and 27,751,950 at December 31, 2022 280 278
Additional Paid-In Capital 100,120 96,529
Retained Earnings 272,812 248,685
Accumulated Other Comprehensive Loss (23,766) (17,942)
Total Shareholders' Equity 415,960 394,064
Total Liabilities and Equity $ 4,557,070 $ 4,345,662