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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from financial institutions $ 237,376 $ 128,222
Restricted cash 7,930 11,300
Cash and cash equivalents 245,306 139,522
Securities available for sale 457,804 363,464
Equity securities 1,027 886
Loans held for sale 6,618 7,001
Loans, net of allowance of $26,197 and $25,028 1,992,999 2,032,474
Other securities 20,537 20,537
Premises and equipment, net 22,817 22,580
Accrued interest receivable 8,123 9,421
Goodwill 76,851 76,851
Other intangible assets, net 8,129 8,075
Bank owned life insurance 46,467 45,976
Swap assets 14,521 21,700
Other assets 23,444 20,375
Total assets 2,924,643 2,768,862
Deposits    
Noninterest-bearing 853,724 720,809
Interest-bearing 1,549,268 1,468,589
Total deposits 2,402,992 2,189,398
Long-term Federal Home Loan Bank advances 75,000 125,000
Securities sold under agreements to repurchase 24,916 28,914
Subordinated debentures 29,427 29,427
Swap liabilities 14,563 21,764
Accrued expenses and other liabilities 25,332 24,251
Total liabilities 2,572,230 2,418,754
SHAREHOLDERS’ EQUITY    
Common shares, no par value, 20,000,000 shares authorized, 17,711,815 shares issued at June 30, 2021 and 17,664,951 shares issued at December 31, 2020, including Treasury Shares 277,495 277,039
Retained earnings 109,178 93,048
Treasury shares, 2,277,223 common shares at June 30, 2021 and 1,766,919 common shares at December 31, 2020, at cost (45,953) (34,598)
Accumulated other comprehensive income 11,693 14,619
Total shareholders’ equity 352,413 350,108
Total liabilities and shareholders’ equity $ 2,924,643 $ 2,768,862