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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 66,039 $ 63,147
Interest bearing deposits in banks 187,495 194,381
Total cash & cash equivalents 253,534 257,528
Investment securities available-for-sale, at fair value (net of zero allowance for credit losses at March 31, 2022 and December 31, 2021) 1,025,032 973,314
Loans and leases:    
Gross loans and leases 1,983,331 1,989,726
Deferred loan and lease fees, net (1,200) (1,865)
Allowance for credit losses on loans and leases (22,530) (14,256)
Net loans and leases 1,959,601 1,973,605
Foreclosed assets 93 93
Premises and equipment, net 23,239 23,571
Goodwill 27,357 27,357
Other intangible assets, net 3,022 3,275
Bank-owned life insurance 53,594 54,242
Other assets 73,382 58,029
Total assets 3,418,854 3,371,014
Deposits:    
Noninterest bearing 1,104,691 1,084,544
Interest bearing 1,760,252 1,697,028
Total deposits 2,864,943 2,781,572
Repurchase agreements 107,760 106,937
Long-term debt 49,151 49,141
Subordinated debentures 35,347 35,302
Allowance for credit losses on unfunded loan commitments 1,040 203
Other liabilities 34,922 35,365
Total liabilities 3,093,163 3,008,520
Commitments and contingent liabilities (Note 7)
Shareholders' equity    
Common stock, no par value; 24,000,000 shares authorized; 15,086,032 and 15,270,010 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 111,673 113,007
Additional paid-in capital 4,281 3,910
Retained earnings 227,445 234,410
Accumulated other comprehensive (loss) income, net (17,708) 11,167
Total shareholders' equity 325,691 362,494
Total liabilities and shareholders' equity $ 3,418,854 $ 3,371,014