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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Assets:    
Cash and due from banks $ 27,317 $ 19,408
Interest-bearing deposits with financial institutions 69,560 49,938
Total cash and cash equivalents 96,877 69,346
Available-for-sale securities 738,980 392,420
Restricted investments in bank stock 3,206 2,813
Loans and leases, net (allowance for loan losses of $15,624 in 2021; $14,202 in 2020) 1,417,504 1,105,450
Loans held-for-sale (fair value $32,013 in 2021, $30,858 in 2020) 31,727 29,786
Foreclosed assets held-for-sale 434 256
Bank premises and equipment, net 29,310 27,626
Leased property under finance leases, net 1,307 283
Right-of-use assets 9,006 7,082
Cash surrender value of bank owned life insurance 52,745 44,285
Accrued interest receivable 7,526 5,712
Goodwill 19,628 7,053
Core deposit intangible, net 1,942 1,734
Other assets 8,912 5,664
Total assets 2,419,104 1,699,510
Liabilities:    
Deposits: Interest-bearing 1,579,582 1,102,009
Deposits: Non-interest-bearing 590,283 407,496
Total deposits 2,169,865 1,509,505
Accrued interest payable and other liabilities 15,943 10,400
Finance lease obligation 1,320 291
Operating lease liabilities 9,627 7,644
Secured borrowings 10,620  
FHLB advances   5,000
Total liabilities 2,207,375 1,532,840
Shareholders' equity:    
Preferred stock authorized 5,000,000 shares with no par value; none issued
Capital stock, no par value (10,000,000 shares authorized; shares issued and outstanding; 5,645,687 at December 31, 2021; and 4,977,750 at December 31, 2020) 114,108 77,676
Retained earnings 97,442 80,042
Accumulated other comprehensive income 179 8,952
Total shareholders' equity 211,729 166,670
Total liabilities and shareholders' equity $ 2,419,104 $ 1,699,510