XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 32,623 $ 21,973
Interest-bearing bank balances 68,169 47,049
Investment securities available-for-sale 577,820 564,839
Other investments, at cost 1,879 1,785
Loans held-for-sale 12,095 7,120
Loans held-for-investment 875,797 863,702
Less, allowance for loan losses 11,063 11,179
Net loans held-for-investment 864,734 852,523
Property and equipment - net 32,497 32,831
Lease right-of-use asset 2,793 2,842
Bank owned life insurance 29,410 29,231
Other real estate owned 1,146 1,165
Intangible assets 879 919
Goodwill 14,637 14,637
Other assets 13,597 7,594
Total assets 1,652,279 1,584,508
Deposits:    
Non-interest bearing 467,265 444,688
Interest bearing 963,483 916,603
Total deposits 1,430,748 1,361,291
Securities sold under agreements to repurchase 68,060 54,216
Junior subordinated debt 14,964 14,964
Lease liability 2,906 2,950
Other liabilities 10,221 10,089
Total liabilities 1,526,899 1,443,510
SHAREHOLDERS’ EQUITY    
Preferred stock, par value $1.00 per share, 10,000,000 shares authorized; none issued and outstanding
Common stock, par value $1.00 per share; 20,000,000 shares authorized; issued and outstanding 7,559,760 at March 31, 2022, 7,548,638 at December 31, 2021 7,560 7,549
Nonvested restricted stock (369) (294)
Additional paid in capital 92,361 92,139
Retained earnings 40,837 38,325
Accumulated other comprehensive income (loss) (15,009) 3,279
Total shareholders’ equity 125,380 140,998
Total liabilities and shareholders’ equity $ 1,652,279 $ 1,584,508