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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Cash and cash equivalents:    
Cash and due from banks $ 25,410 $ 19,110
Interest-bearing balances with banks 307,361 244,783
Total cash and cash equivalents 332,771 263,893
Certificates of deposit with banks 11,803 11,803
Investment securities available-for-sale 450,772 410,624
Equity securities 32,215 27,585
Loans held-for-sale 0 1,062
Loans receivable 1,697,326 1,453,744
Allowance for loan losses (24,882) (25,844)
Loans receivable, net 1,672,444 1,427,900
Premises and equipment, net 21,033 24,936
Bank-owned life insurance 41,762 41,262
Equity method investment 34,771 46,494
Accrued interest receivable and other assets 73,362 73,567
Assets of branches held-for-sale 59,488 0
Goodwill 4,119 2,350
TOTAL ASSETS 2,734,540 2,331,476
Deposits:    
Noninterest-bearing 932,660 715,791
Interest-bearing 1,296,515 1,266,598
Total deposits 2,229,175 1,982,389
Liabilities of branches held-for-sale 165,750 0
Accrued interest payable and other liabilities 35,274 55,931
Repurchase agreements 11,361 10,266
FHLB and other borrowings 100 0
Subordinated debt 43,480 43,407
Total liabilities 2,485,140 2,091,993
STOCKHOLDERS’ EQUITY    
Preferred stock - par value $1,000; 20,000 shares authorized; no shares issued and outstanding as of June 30, 2021 and 733 shares issued and outstanding as December 31, 2020 0 7,334
Common stock - par value $1; 20,000,000 shares authorized; 12,622,075 and 11,774,059 shares issued and outstanding, respectively, as of June 30, 2021 and 12,374,322 and 11,526,306 shares issued and outstanding, respectively, as of December 31, 2020 12,622 12,374
Additional paid-in capital 132,821 129,119
Retained earnings 119,910 105,171
Accumulated other comprehensive income (loss) (1) 2,226
Treasury stock - 848,016 shares as of June 30, 2021 and December 31, 2020, at cost (16,741) (16,741)
Total equity attributable to parent 248,611 239,483
Noncontrolling interest 789 0
Total stockholders' equity 249,400 239,483
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 2,734,540 $ 2,331,476