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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2020
ASSETS                
Cash due from banks $ 32,206     $ 21,178        
Federal funds sold and interest-bearing balances in banks 192,475     358,509        
Cash and cash equivalents 224,681     379,687        
Time deposits in banks 2,490     3,585        
Investment securities available-for-sale 152,810     155,658        
Equity securities 14,403     18,777        
Federal Home Loan Bank ("FHLB") stock, at par 10,679     8,385        
Federal Reserve Bank ("FRB") stock, at par 9,595     7,650        
Loans held for sale 3,491     6,470        
Loans, net of allowance for loan losses 1,976,916     1,647,190        
Premises and equipment, net 13,697     14,370        
Other real estate owned ("OREO") 21     21        
Core deposit intangible, net 5,718     6,489        
Cash surrender value of bank owned life insurance ("BOLI") policies, net 22,043     21,590        
Right-of-use assets ("ROU"), net 15,875     12,127        
Goodwill 38,838     38,838       $ 38,838
Interest receivable and other assets 43,241     29,860        
Total assets 2,534,498     2,350,697        
LIABILITIES AND SHAREHOLDERS' EQUITY                
Noninterest and interest bearing deposits 2,115,451     1,985,239        
Junior subordinated deferrable interest debentures, net 8,464     8,403        
Subordinated debt, net 63,669     63,542        
Salary continuation plan 4,724     4,393        
Lease liabilities 16,411     12,657        
Interest payable and other liabilities 11,376     13,856        
Total liabilities 2,220,095     2,088,090        
Commitments and contingencies (Note 19)            
Shareholders' equity                
Preferred stock            
Common stock 208,483     157,098        
Additional paid in capital 287     287        
Accumulated other comprehensive loss, net of tax (11,509)     2,166        
Retained earnings 117,142     103,056        
Total shareholders' equity 314,403 $ 320,555 $ 324,654 262,607 $ 257,270 $ 252,549 $ 254,550 $ 252,591
Total liabilities and shareholders' equity $ 2,534,498     $ 2,350,697