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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 106,319 $ 189,213
Interest-bearing deposits at other banks 6,381 7,378
Investment securities available-for-sale, at fair value 466,983 380,717
Bank stocks, at cost 2,856 2,905
Loans, net of allowance for loans losses of $8,357 and $8,775 625,149 653,233
Loans held for sale, at fair value 5,424 4,795
Bank owned life insurance 32,293 32,106
Premises and equipment, net 20,919 20,803
Goodwill 17,532 17,532
Other intangible assets, net 67 84
Mortgage servicing rights 4,128 4,193
Real estate owned, net 1,288 2,551
Accrued interest and other assets 17,095 13,458
Total assets 1,306,434 1,328,968
Deposits:    
Non-interest-bearing demand 350,342 350,005
Money market and checking 517,936 536,868
Savings 167,823 155,501
Certificates of deposit 103,464 106,107
Total deposits 1,139,565 1,148,481
Subordinated debentures 21,651 21,651
Other borrowings 7,004 7,403
Accrued interest and other liabilities 14,701 15,790
Total liabilities 1,182,921 1,193,325
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; 4,997,459 and 4,997,459 shares issued at March 31, 2022 and December 31, 2021, respectively 50 50
Additional paid-in capital 79,206 79,120
Retained earnings 54,677 52,593
Accumulated other comprehensive (loss) income (10,420) 3,880
Total stockholders’ equity 123,513 135,643
Total liabilities and stockholders’ equity $ 1,306,434 $ 1,328,968