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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 109,151 $ 84,818
Investment securities available-for-sale, at fair value 320,905 297,270
Bank stocks, at cost 4,062 4,473
Loans, net of allowance for loans losses of $9,271 at March 31, 2021 and $8,775 at December 31, 2020 717,809 702,782
Loans held for sale, at fair value 13,995 15,533
Bank owned life insurance 25,568 25,420
Premises and equipment, net 20,320 20,493
Goodwill 17,532 17,532
Other intangible assets, net 168 206
Mortgage servicing rights 3,966 3,726
Real estate owned, net 1,474 1,774
Accrued interest and other assets 13,925 14,000
Total assets 1,248,875 1,188,027
Deposits:    
Non-interest-bearing demand 314,616 264,878
Money market and checking 490,634 491,275
Savings 142,507 126,124
Certificates of deposit 123,489 133,750
Total deposits 1,071,246 1,016,027
Subordinated debentures 21,651 21,651
Other borrowings 4,165 6,371
Accrued interest, taxes, and other liabilities 23,532 17,306
Total liabilities 1,120,594 1,061,355
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.01 par value per share, 200,000 shares authorized; none issued
Common stock, $0.01 par value per share, 7,500,000 shares authorized; 4,756,604 and 4,750,838 shares issued at March 31, 2021 and December 31, 2020, respectively 48 48
Additional paid-in capital 72,336 72,230
Retained earnings 49,363 44,947
Accumulated other comprehensive income 6,534 9,447
Total stockholders’ equity 128,281 126,672
Total liabilities and stockholders’ equity $ 1,248,875 $ 1,188,027