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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 $ 5,973 $ 8,878
Interest-bearing balances with banks 155,788 298,559
Total cash and cash equivalents 161,761 307,437
Certificates of deposit with banks 496 2,719
Investment securities available-for-sale 376,737 421,466
Equity securities 34,250 32,402
Loans held-for-sale 11,856 0
Loans receivable 2,215,114 1,869,838
Allowance for loan losses (22,734) (18,266)
Loans receivable, net 2,192,380 1,851,572
Premises and equipment, net 25,272 25,052
Bank-owned life insurance 42,744 42,257
Equity method investments 39,787 40,013
Accrued interest receivable and other assets 95,157 65,543
Goodwill 3,988 3,988
TOTAL ASSETS 2,984,428 2,792,449
Deposits:    
Noninterest-bearing 1,342,916 1,120,433
Interest-bearing 1,272,054 1,257,172
Total deposits 2,614,970 2,377,605
Accrued interest payable and other liabilities 32,238 55,126
Repurchase agreements 11,152 11,385
Subordinated debt 73,158 73,030
Total liabilities 2,731,518 2,517,146
STOCKHOLDERS’ EQUITY    
Common stock - par value $1; 20,000,000 shares authorized; 13,077,044 and 12,229,028 shares issued and outstanding, respectively, as of June 30, 2022 and 12,934,966 and 12,086,950 shares issued and outstanding, respectively, as of December 31, 2021 13,077 12,935
Additional paid-in capital 145,480 143,521
Retained earnings 139,904 138,219
Accumulated other comprehensive loss (29,420) (3,606)
Treasury stock - 848,016 shares as of June 30, 2022 and December 31, 2021, at cost (16,741) (16,741)
Total equity attributable to parent 252,300 274,328
Noncontrolling interest 610 975
Total stockholders' equity 252,910 275,303
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 2,984,428 $ 2,792,449