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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 18,930 $ 14,951
Interest-bearing bank balances 46,062 32,741
Investment securities available-for-sale 359,866 286,800
Other investments, at cost 2,053 1,992
Loans held-for-sale 45,020 11,155
Total Loans held-for-investment 844,157 737,028
Less, allowance for loan losses 10,389 6,627
Net loans held-for-investment 833,768 730,401
Property and equipment - net 34,458 35,008
Lease right-of-use asset 3,032 3,215
Premises held-for-sale 591 591
Bank owned life insurance 27,688 28,041
Other real estate owned 1,194 1,410
Intangible assets 1,120 1,483
Goodwill 14,637 14,637
Other assets 6,963 7,854
Total assets 1,395,382 1,170,279
Deposits:    
Non-interest bearing 385,511 289,829
Interest bearing 803,902 698,372
Total deposits 1,189,413 988,201
Securities sold under agreements to repurchase 40,914 33,296
Federal Home Loan Bank Advances 211
Junior subordinated debt 14,964 14,964
Lease liability . 3,114 3,266
Other liabilities 10,640 10,147
Total liabilities 1,259,045 1,050,085
SHAREHOLDERS’ EQUITY    
Preferred stock, par value $1.00 per share; 10,000,000 shares authorized; 0 issued and outstanding
Common stock, par value $1.00 per share; 20,000,000 shares authorized; issued and outstanding 7,500,338 at December 31, 2020 and 7,440,026 at December 31, 2019 7,500 7,440
Nonvested restricted stock (283) (151)
Additional paid in capital 91,380 90,488
Retained earnings 26,453 19,927
Accumulated other comprehensive income 11,287 2,490
Total shareholders’ equity 136,337 120,194
Total liabilities and shareholders’ equity $ 1,395,382 $ 1,170,279