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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and due from financial institutions $ 431,778 $ 128,222
Restricted cash 5,460 11,300
Cash and cash equivalents 437,238 139,522
Securities available for sale 356,824 363,464
Equity securities 974 886
Loans held for sale 10,769 7,001
Loans, net of allowance of $26,133 and $25,028 2,034,106 2,032,474
Other securities 20,537 20,537
Premises and equipment, net 22,265 22,580
Accrued interest receivable 8,571 9,421
Goodwill 76,851 76,851
Other intangible assets, net 7,831 8,075
Bank owned life insurance 46,219 45,976
Swap assets 12,609 21,700
Other assets 22,574 14,431
Total assets 3,057,368 2,762,918
Deposits    
Noninterest-bearing 917,598 720,809
Interest-bearing 1,558,309 1,468,589
Total deposits 2,475,907 2,189,398
Long-term Federal Home Loan Bank advances 125,000 125,000
Securities sold under agreements to repurchase 29,513 28,914
Subordinated debentures 29,427 29,427
Swap liabilities 12,653 21,764
Accrued expenses and other liabilities 34,810 18,307
Total liabilities 2,707,310 2,412,810
SHAREHOLDERS’ EQUITY    
Common shares, no par value, 20,000,000 shares authorized, 17,704,090 shares issued at March 31, 2021 and 17,664,951 shares issued at December 31, 2020, including Treasury Shares 277,164 277,039
Retained earnings 101,899 93,048
Treasury shares, 1,953,611 common shares at March 31, 2021 and 1,766,919 common shares at December 31, 2020, at cost (38,574) (34,598)
Accumulated other comprehensive income 9,569 14,619
Total shareholders’ equity 350,058 350,108
Total liabilities and shareholders’ equity $ 3,057,368 $ 2,762,918