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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 19,590 $ 24,819
Interest-bearing deposits in financial institutions and federal funds sold 69,539 148,278
Total cash and cash equivalents 89,129 173,097
Interest-bearing time deposits 16,922 18,426
Securities available-for-sale 831,003 596,999
Federal Home Loan Bank (FHLB) and Federal Reserve Bank (FRB) stock, at cost 3,422 3,148
Loans receivable, net 1,144,108 1,129,505
Loans held for sale 0 1,621
Bank premises and equipment, net 17,512 17,340
Accrued income receivable 10,124 11,143
Bank-owned life insurance 2,985 2,916
Deferred income taxes, net 1,922 0
Other intangible assets, net 2,505 3,133
Goodwill 12,424 12,424
Other assets 4,985 5,896
Total assets 2,137,041 1,975,648
LIABILITIES    
Noninterest-bearing checking 411,585 349,500
Interest-bearing checking 575,997 528,796
Savings and money market 674,975 581,224
Time, $250 and over 40,793 60,019
Other time 174,669 196,907
Total deposits 1,878,019 1,716,446
Securities sold under agreements to repurchase 39,851 37,293
FHLB advances 3,000 3,000
Dividends payable 2,364 0
Deferred income taxes, net 0 1,731
Accrued expenses and other liabilities 6,029 7,691
Total liabilities 1,929,263 1,766,161
STOCKHOLDERS' EQUITY    
Common stock, $2 par value, authorized 18,000,000 shares; issued and outstanding 9,092,167 and 9,122,747 shares as of December 31, 2021 and 2020, respectively 18,184 18,245
Additional paid-in capital 16,353 17,002
Retained earnings 170,377 158,217
Accumulated other comprehensive income 2,864 16,023
Total stockholders' equity 207,778 209,487
Total liabilities and stockholders' equity $ 2,137,041 $ 1,975,648