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CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 39,346 $ 34,175
Interest-earning deposits in other banks 81,320 36,103
Total cash and cash equivalents 120,666 70,278
Available-for-sale debt securities 952,416 710,092
Equity securities 7,522 7,634
Loans, less allowance for credit losses of $10,439 at June 30, 2021 and $12,915 at December 31, 2020 1,059,506 1,089,432
Bank premises and equipment, net 8,465 8,228
Bank-owned life insurance 39,062 28,713
Federal Home Loan Bank stock 5,595 5,595
Goodwill 53,777 53,777
Core deposit intangibles 835 1,183
Accrued interest receivable and other assets 32,706 29,164
Total assets 2,280,550 2,004,096
Deposits:    
Non-interest bearing 899,406 824,889
Interest bearing 1,079,688 897,821
Total deposits 1,979,094 1,722,710
Junior subordinated deferrable interest debentures 5,155 5,155
Accrued interest payable and other liabilities 45,252 31,210
Total liabilities 2,029,501 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: 12,329,089 at June 30, 2021 and 12,509,848 at December 31, 2020 75,265 79,416
Retained earnings 162,910 150,749
Accumulated other comprehensive income, net of tax 12,874 14,856
Total shareholders’ equity 251,049 245,021
Total liabilities and shareholders’ equity $ 2,280,550 $ 2,004,096