XML 14 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
Consolidated Balance Sheets - USD ($)
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 21,973,000 $ 18,930,000
Interest-bearing bank balances 47,049,000 46,062,000
Investment securities available-for-sale 564,839,000 359,866,000
Other investments, at cost 1,785,000 2,053,000
Loans held-for-sale 7,120,000 45,020,000
Loans held-for-investment 863,702,000 844,157,000
Less, allowance for loan losses 11,179,000 10,389,000
Net loans held-for-investment 852,523,000 833,768,000
Property and equipment - net 32,831,000 34,458,000
Lease right-of-use asset 2,842,000 3,032,000
Premises held-for-sale 0 591,000
Bank owned life insurance 29,231,000 27,688,000
Other real estate owned 1,165,000 1,194,000
Intangible assets 919,000 1,120,000
Goodwill 14,637,000 14,637,000
Other assets 7,594,000 6,963,000
Total assets 1,584,508,000 1,395,382,000
Deposits:    
Non-interest bearing 444,688,000 385,511,000
Interest bearing 916,603,000 803,902,000
Total deposits 1,361,291,000 1,189,413,000
Securities sold under agreements to repurchase 54,216,000 40,914,000
Junior subordinated debt 14,964,000 14,964,000
Lease liability 2,950,000 3,114,000
Other liabilities 10,089,000 10,640,000
Total liabilities 1,443,510,000 1,259,045,000
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 7,548,638 at December 31, 2021 and 7,500,338 at December 31, 2020 7,549,000 7,500,000
Nonvested restricted stock (294,000) (283,000)
Additional paid in capital 92,139,000 91,380,000
Retained earnings 38,325,000 26,453,000
Accumulated other comprehensive income 3,279,000 11,287,000
Total shareholders’ equity 140,998,000 136,337,000
Total liabilities and shareholders’ equity $ 1,584,508,000 $ 1,395,382,000