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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and due from financial institutions $ 253,459 $ 125,749
Restricted cash 10,780 11,300
Cash and cash equivalents 264,239 137,049
Investments in time deposits 1,730 2,473
Securities available for sale 559,874 363,464
Equity securities 1,072 886
Loans held for sale 1,972 7,001
Loans, net of allowance of $26,641 and $25,028 1,971,238 2,032,474
Other securities 17,011 20,537
Premises and equipment, net 22,445 22,580
Accrued interest receivable 7,385 9,421
Goodwill 76,851 76,851
Other intangible assets 7,581 8,075
Bank owned life insurance 46,641 45,976
Swap assets 11,072 21,700
Other assets 22,872 20,375
Total assets 3,011,983 2,768,862
Deposits    
Noninterest-bearing 788,906 720,809
Interest-bearing 1,627,795 1,468,589
Total deposits 2,416,701 2,189,398
Long-term Federal Home Loan Bank advances 75,000 125,000
Securities sold under agreements to repurchase 25,495 28,914
Subordinated debentures 102,813 29,427
Swap liabilities 11,072 21,764
Accrued expenses and other liabilities 25,690 24,251
Total liabilities 2,656,771 2,418,754
SHAREHOLDERS' EQUITY    
Common stock, no par value, 40,000,000 shares authorized, 17,709,584 shares issued at December 31, 2021 and 17,664,951 shares issued at December 31, 2020 277,741 277,039
Accumulated earnings 125,558 93,048
Treasury stock, 2,755,384 common shares at December 31, 2021 and 1,766,919 common shares at December 31, 2020, at cost (56,907) (34,598)
Accumulated other comprehensive income 8,820 14,619
Total shareholders' equity 355,212 350,108
Total liabilities and shareholders' equity $ 3,011,983 $ 2,768,862