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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Cash and Due from Banks [Abstract]    
Cash and non-interest-bearing deposits in other banks $ 42,172 $ 29,490
Due from Federal Reserve Bank ("FRB") 217,256 264,579
Cash and cash equivalents 259,428 294,069
Investment securities (at fair value)    
Available-for-sale ("AFS") securities 161,732 82,341
Marketable equity securities 3,776 3,851
Total investment securities 165,508 86,192
Loans    
Loans 807,937 655,411
Unearned fees and unamortized loan origination costs - net 1,177 (1,064)
Allowance for credit losses (9,144) (8,522)
Net loans 799,970 645,825
Premises and equipment - net 9,113 9,110
Accrued interest receivable 8,246 8,164
Other real estate owned 4,582 5,004
Goodwill 4,488 4,488
Deferred tax assets - net 3,086 2,907
Cash surrender value of life insurance 22,043 20,715
Operating lease right-of-use assets 2,743 2,864
Other assets 13,574 13,316
Total assets 1,292,781 1,092,654
Deposits    
Non-interest-bearing 455,584 391,897
Interest-bearing 695,131 560,754
Total deposits 1,150,715 952,651
Operating lease liabilities 2,852 2,967
Other liabilities 8,791 8,305
Junior subordinated debentures (at fair value) 11,295 10,924
Total liabilities 1,173,653 974,847
Shareholders' Equity    
Common stock, no par value; 20,000,000 shares authorized; issued and outstanding: 17,010,288 at September 30, 2021 and 17,009,883 at December 31, 2020 59,549 59,397
Retained earnings 60,247 59,138
Accumulated other comprehensive loss (668) (728)
Total shareholders' equity 119,128 117,807 [1]
Total liabilities and shareholders' equity $ 1,292,781 $ 1,092,654
[1] (5) Excludes 11,924 unvested restricted shares