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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Cash and cash equivalents:    
Cash and due from banks $ 6,852 $ 8,878
Interest-bearing balances with banks 73,094 298,559
Total cash and cash equivalents 79,946 307,437
Certificates of deposit with banks 0 2,719
Investment securities available-for-sale 366,742 421,466
Equity securities 34,101 32,402
Loans held-for-sale 19,977 0
Loans receivable 2,471,395 1,869,838
Allowance for loan losses (26,515) (18,266)
Loans receivable, net 2,444,880 1,851,572
Premises and equipment, net 24,668 25,052
Bank-owned life insurance 42,992 42,257
Equity method investments 37,871 40,013
Accrued interest receivable and other assets 84,757 65,543
Goodwill 3,988 3,988
TOTAL ASSETS 3,139,922 2,792,449
Deposits:    
Noninterest-bearing 1,411,772 1,120,433
Interest-bearing 1,285,186 1,257,172
Total deposits 2,696,958 2,377,605
Accrued interest payable and other liabilities 42,144 55,126
Repurchase agreements 9,910 11,385
FHLB and other borrowings 73,328 0
Subordinated debt 73,222 73,030
Total liabilities 2,895,562 2,517,146
STOCKHOLDERS’ EQUITY    
Common stock - par value $1;20,000,000 shares authorized; 13,134,951 and 12,286,935 shares issued and outstanding, respectively, as of September 30, 2022 and 12,934,966 and 12,086,950 shares issued and outstanding, respectively, as of December 31, 2021 13,135 12,935
Additional paid-in capital 146,950 143,521
Retained earnings 140,546 138,219
Accumulated other comprehensive loss (39,977) (3,606)
Treasury stock - 848,016 shares as of September 30, 2022 and December 31, 2021, at cost (16,741) (16,741)
Total equity attributable to parent 243,913 274,328
Noncontrolling interest 447 975
Total stockholders' equity 244,360 275,303
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 3,139,922 $ 2,792,449