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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 24,577 $ 29,538
Short-term investments 365,400 27,371
Cash and cash equivalents 389,977 56,909
Securities available-for-sale, at fair value 171,219 183,925
Securities held-to-maturity, at amortized cost 22,382 26,374
Loans held for sale 6,059 8,695
Loans and leases receivable, net of allowance for loan and lease losses of $25,675 and $28,521, respectively 2,117,886 2,117,449
Premises and equipment, net 1,747 1,998
Foreclosed properties 179 34
Right-of-use assets, net 5,472 5,814
Bank-owned life insurance 52,887 52,188
Federal Home Loan Bank stock, at cost 13,451 13,578
Goodwill and other intangible assets 12,178 12,018
Derivatives 32,377 49,377
Accrued interest receivable and other assets 39,855 39,478
Total assets 2,865,669 2,567,837
Liabilities and Stockholders’ Equity    
Deposits 2,160,707 1,855,516
Federal Home Loan Bank advances and other borrowings 420,113 419,167
Junior subordinated notes 10,069 10,062
Lease liabilities 6,005 6,386
Derivatives 36,109 54,927
Accrued interest payable and other liabilities 11,214 15,617
Total liabilities 2,644,217 2,361,675
Stockholders’ equity:    
Preferred stock, $0.01 par value, 2,500,000 shares authorized, none issued or outstanding 0 0
Common stock, $0.01 par value, 25,000,000 shares authorized, 9,323,605 and 9,234,460 shares issued, 8,617,761 and 8,566,960 shares outstanding at June 30, 2021 and December 31, 2020, respectively 93 92
Additional paid-in capital 84,343 83,125
Retained earnings 155,300 140,431
Accumulated other comprehensive loss (763) (933)
Treasury stock, 705,844 and 667,500 shares at June 30, 2021 and December 31, 2020, respectively, at cost (17,521) (16,553)
Total stockholders’ equity 221,452 206,162
Total liabilities and stockholders’ equity $ 2,865,669 $ 2,567,837