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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 23,739,000 $ 16,878,000
Interest bearing deposits with banks 375,613,000 97,478,000
Total Cash and Cash Equivalents 399,352,000 114,356,000
Equity securities with readily determinable fair values 2,170,000 2,106,000
Debt securities available for sale 337,718,000 190,837,000
Securities held to maturity, fair value $10,768; $19,281 10,294,000 19,234,000
Loans held for sale 11,034,000 2,406,000
Loans, net of allowance for loan losses $20,226; $13,835 1,617,558,000 1,258,766,000
Premises and equipment 33,013,000 25,724,000
Right of use assets 3,145,000 3,502,000
Restricted investment in bank stocks 2,942,000 3,644,000
Investment in bank-owned life insurance 63,401,000 50,663,000
Investments in low-income housing partnerships 1,380,000 1,506,000
Goodwill 42,108,000 19,580,000
Intangible assets 7,265,000 4,427,000
Foreclosed assets held for resale 0 364,000
Other assets 23,982,000 23,138,000
Total Assets 2,555,362,000 1,720,253,000
LIABILITIES    
Deposits: Non-interest bearing 556,666,000 314,377,000
Deposits: Interest bearing 1,628,859,000 1,097,883,000
Total Deposits 2,185,525,000 1,412,260,000
Short-term borrowings 38,464,000 33,435,000
Long-term borrowings 53,745,000 66,296,000
Lease liabilities 3,138,000 3,502,000
Other liabilities 16,518,000 15,244,000
Total Liabilities 2,297,390,000 1,530,737,000
STOCKHOLDERS' EQUITY    
Preferred stock, $2.50 par value; 20,000,000 shares authorized; no shares outstanding 0 0
Common stock, $2.50 par value; 20,000,000 shares authorized; 8,771,993 and 7,141,959 shares issued; 8,709,393 and 7,079,359 shares outstanding 21,918,000 17,855,000
Treasury stock, at cost (62,600 shares) (728,000) (728,000)
Additional paid-in capital 94,048,000 39,579,000
Retained earnings 148,372,000 138,663,000
Accumulated other comprehensive loss (5,638,000) (5,853,000)
Total Stockholders’ Equity 257,972,000 189,516,000
Total Liabilities and Stockholders’ Equity $ 2,555,362,000 $ 1,720,253,000