XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Cash and cash equivalents:    
Cash and due from banks $ 20,992 $ 21,770
Federal funds sold 95,093 86,882
Interest-bearing deposits with banks 33,131 58,557
Total cash and cash equivalents 149,216 167,209
Investment securities:    
Investment securities available for sale 106,978 120,281
Other investments 4,104 4,021
Total investment securities 111,082 124,302
Mortgage loans held for sale 17,840 13,556
Loans 2,660,675 2,489,877
Less allowance for credit losses (32,944) (30,408)
Loans, net 2,627,731 2,459,469
Bank owned life insurance 50,148 49,833
Property and equipment, net 95,129 92,370
Deferred income taxes, net 10,635 8,397
Accrued interest receivable 7,627 7,624
Other assets 3,232 2,788
Total assets 3,072,640 2,925,548
Deposits 2,708,174 2,563,826
Subordinated debentures 36,133 36,106
Other liabilities 49,809 47,715
Total liabilities 2,794,116 2,647,647
SHAREHOLDERS’ EQUITY    
Preferred stock, par value $.01 per share, 10,000,000 shares authorized
Common stock, par value $.01 per share, 10,000,000 shares authorized, 7,980,519 and 7,925,819 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 80 79
Nonvested restricted stock (3,425) (1,435)
Additional paid-in capital 117,286 114,226
Accumulated other comprehensive loss (6,393) (740)
Retained earnings 170,976 165,771
Total shareholders’ equity 278,524 277,901
Total liabilities and shareholders’ equity $ 3,072,640 $ 2,925,548