XML 34 R2.htm IDEA: XBRL DOCUMENT v3.19.3
CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 48,709 $ 47,802
Interest-bearing deposits in banks 195,281 198,187
Federal funds sold 655 0
Cash and cash equivalents 244,645 245,989
Securities available for sale 401,335 338,196
Loans held for sale 50,136 38,382
Loans held for investment 1,962,609 1,957,197
Allowance for loan losses (24,176) (23,126)
Accrued interest receivable 11,675 12,957
Premises and equipment, net 59,189 59,787
Bank-owned life insurance 58,109 57,172
Intangible assets 2,464 0
Other assets 29,596 26,191
Total assets 2,795,582 2,712,745
Deposits:    
Noninterest-bearing 556,233 510,067
Interest-bearing 1,729,741 1,767,387
Total deposits 2,285,974 2,277,454
Short-term borrowings 9,855 17,705
Accrued expenses and other liabilities 32,861 29,416
Notes payable & other borrowings 95,000 95,000
Subordinated debt securities 26,472 34,002
Junior subordinated deferrable interest debentures 46,393 46,393
Total liabilities 2,496,555 2,499,970
Commitments and contingent liabilities
ESOP owned shares 0 58,195
Stockholders' equity:    
Common stock, $1.00 par value per share, 30,000,000 shares authorized; 18,004,323 and 14,771,520 issued and outstanding at September 30, 2019 and December 31, 2018, respectively 18,004 14,772
Additional paid-in capital 140,268 80,412
Retained earnings 137,127 119,834
Accumulated other comprehensive income (loss) 3,628 (2,243)
Stockholders' equity including ESOP owned shares 299,027 212,775
Less ESOP owned shares 0 58,195
Total stockholders' equity 299,027 154,580
Total liabilities and stockholders' equity $ 2,795,582 $ 2,712,745