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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 31,083 $ 34,175
Interest-earning deposits in other banks 183,758 36,103
Total cash and cash equivalents 214,841 70,278
Available-for-sale debt securities 768,719 710,092
Equity securities 7,500 7,634
Loans, less allowance for credit losses of $12,056 at March 31, 2021 and $12,915 at December 31, 2020 1,078,284 1,089,432
Bank premises and equipment, net 8,349 8,228
Bank-owned life insurance 28,886 28,713
Federal Home Loan Bank stock 5,595 5,595
Goodwill 53,777 53,777
Core deposit intangibles 1,009 1,183
Accrued interest receivable and other assets 33,563 29,164
Total assets 2,200,523 2,004,096
Deposits:    
Non-interest bearing 885,654 824,889
Interest bearing 1,036,749 897,821
Total deposits 1,922,403 1,722,710
Junior subordinated deferrable interest debentures 5,155 5,155
Accrued interest payable and other liabilities 31,120 31,210
Total liabilities 1,958,678 1,759,075
Commitments and contingencies (Note 7)
Shareholders’ equity:    
Preferred stock, no par value; 10,000,000 shares authorized, none issued and outstanding 0 0
Common stock, no par value; 80,000,000 shares authorized; issued and outstanding: 12,524,609 at March 31, 2021 and 12,509,848 at December 31, 2020 79,732 79,416
Retained earnings 156,851 150,749
Accumulated other comprehensive income, net of tax 5,262 14,856
Total shareholders’ equity 241,845 245,021
Total liabilities and shareholders’ equity $ 2,200,523 $ 2,004,096