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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 20,197 $ 29,538
Short-term investments 90,427 27,371
Cash and cash equivalents 110,624 56,909
Securities available-for-sale, at fair value 194,056 183,925
Securities held-to-maturity, at amortized cost 21,196 26,374
Loans held for sale 5,603 8,695
Loans and leases receivable, net of allowance for loan and lease losses of $24,676 and $28,521, respectively 2,098,630 2,117,449
Premises and equipment, net 1,700 1,998
Foreclosed properties 172 34
Right-of-use assets, net 5,263 5,814
Bank-owned life insurance 53,244 52,188
Federal Home Loan Bank stock, at cost 12,351 13,578
Goodwill and other intangible assets 12,229 12,018
Derivatives 28,678 49,377
Accrued interest receivable and other assets 40,664 39,478
Total assets 2,584,410 2,567,837
Liabilities and Stockholders’ Equity    
Deposits 1,904,282 1,855,516
Federal Home Loan Bank advances and other borrowings 394,090 419,167
Junior subordinated notes 10,072 10,062
Lease liabilities 5,780 6,386
Derivatives 31,890 54,927
Accrued interest payable and other liabilities 13,016 15,617
Total liabilities 2,359,130 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, 9,325,746 and 9,234,460 shares issued, 8,483,099 and 8,566,960 shares outstanding at September 30, 2021 and December 31, 2020, respectively 93 92
Additional paid-in capital 84,959 83,125
Retained earnings 162,952 140,431
Accumulated other comprehensive loss (1,455) (933)
Treasury stock, 842,647 and 667,500 shares at September 30, 2021 and December 31, 2020, respectively, at cost (21,269) (16,553)
Total stockholders’ equity 225,280 206,162
Total liabilities and stockholders’ equity $ 2,584,410 $ 2,567,837