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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 53,062 $ 37,824
Interest-bearing deposits in other banks 252,364 240,568
Total Cash and Cash Equivalents 305,426 278,392
Securities available-for-sale, at fair value 570,092 614,407
Securities held-to-maturity, at amortized cost 141,236 151,683
Equity securities, at fair value 2,965 9,979
Nonmarketable equity securities 2,239 3,478
Loans held for sale 1,306 518
Loans held for investment 1,992,858 1,916,267
Allowance for credit losses (21,336) (20,628)
Premises and equipment, net 57,088 54,383
Accrued interest receivable 9,945 8,830
Bank-owned life insurance 29,529 28,775
Intangible assets 1,546 1,546
Right-of-use assets 3,629 4,137
Other assets 32,287 30,919
Total Assets 3,128,810 3,082,686
LIABILITIES    
Noninterest-bearing deposits 916,456 1,090,539
Interest-bearing deposits 1,885,432 1,708,397
Total Deposits 2,801,888 2,798,936
Accrued interest payable 8,000 1,563
Lease liabilities 3,767 4,258
Accrued expenses and other liabilities 11,304 12,176
Total Liabilities 2,824,959 2,816,933
COMMITMENTS AND CONTINGENCIES 0 0
STOCKHOLDERS’ EQUITY    
Preferred stock, no par value: Authorized -1,000,000 shares; None Issued and Outstanding 0 0
Common stock, no par value: Authorized - 30,000,000 shares; Issued and Outstanding - 7,091,637 and 7,183,915 shares, respectively 55,136 60,050
Additional paid-in capital 2,407 2,088
Retained earnings 306,802 274,781
Accumulated other comprehensive income (loss) (60,494) (71,166)
Total Stockholders’ Equity 303,851 265,753
Total Liabilities and Stockholders’ Equity $ 3,128,810 $ 3,082,686