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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Cash and cash equivalents:    
Cash and due from banks $ 21,090 $ 21,770
Federal funds sold 124,462 86,882
Interest-bearing deposits with banks 36,538 58,557
Total cash and cash equivalents 182,090 167,209
Investment securities:    
Investment securities available for sale 98,991 120,281
Other investments 5,065 4,021
Total investment securities 104,056 124,302
Mortgage loans held for sale 18,329 13,556
Loans 2,845,205 2,489,877
Less allowance for credit losses (34,192) (30,408)
Loans, net 2,811,013 2,459,469
Bank owned life insurance 50,463 49,833
Property and equipment, net 96,674 92,370
Deferred income taxes, net 15,078 8,397
Accrued interest receivable 7,433 7,624
Other assets 2,527 2,788
Total assets 3,287,663 2,925,548
LIABILITIES    
Deposits 2,870,158 2,563,826
FHLB advances and related debt 50,000
Subordinated debentures 36,160 36,106
Other liabilities 48,708 47,715
Total liabilities 3,005,026 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, 7,985,644 and 7,925,819 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively 80 79
Nonvested restricted stock (3,230) (1,435)
Additional paid-in capital 117,714 114,226
Accumulated other comprehensive loss (10,143) (740)
Retained earnings 178,216 165,771
Total shareholders’ equity 282,637 277,901
Total liabilities and shareholders’ equity $ 3,287,663 $ 2,925,548