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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 51,186 $ 61,613
Interest-bearing deposits in banks 276,816 173,270
Cash and cash equivalents 328,002 234,883
Securities available for sale 698,579 701,711
Loans held for sale ($11,576 and $10,038 at fair value at March 31, 2023 and December 31, 2022, respectively) 20,448 30,403
Loans held for investment 2,788,640 2,748,081
Allowance for credit losses on loans (39,560) (39,288)
Loans held for investment, net 2,749,080 2,708,793
Accrued interest receivable 14,421 16,432
Premises and equipment, net 56,079 56,337
Bank-owned life insurance 73,474 73,174
Goodwill 19,508 19,508
Intangible assets, net 3,988 4,349
Mortgage servicing rights 25,795 27,474
Deferred tax asset, net 21,779 22,818
Other assets 46,896 48,181
Total assets 4,058,049 3,944,063
Deposits:    
Noninterest-bearing 1,110,939 1,150,488
Interest-bearing 2,397,115 2,255,942
Total deposits 3,508,054 3,406,430
Accrued expenses and other liabilities 59,631 58,265
Subordinated debt 76,007 75,961
Junior subordinated deferrable interest debentures 46,393 46,393
Total liabilities 3,690,085 3,587,049
Stockholders' equity:    
Common stock, $1.00 par value per share, 30,000,000 shares authorized; 17,062,572 and 17,027,197 issued and outstanding at March 31, 2023 and December 31, 2022, respectively 17,062 17,027
Additional paid-in capital 112,981 112,834
Retained earnings 298,300 292,261
Accumulated other comprehensive loss (60,379) (65,108)
Total stockholders' equity 367,964 357,014
Total liabilities and stockholders' equity $ 4,058,049 $ 3,944,063