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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Cash and cash equivalents:    
Cash and due from banks $ 8,878 $ 19,110
Interest-bearing balances with banks 298,559 244,783
Total cash and cash equivalents 307,437 263,893
Certificates of deposit with banks 2,719 11,803
Investment securities available-for-sale 421,466 410,624
Equity securities 32,402 27,585
Loans held-for-sale 0 1,062
Loans receivable 1,869,838 1,453,744
Allowance for loan losses (18,266) (25,844)
Loans receivable, net 1,851,572 1,427,900
Premises and equipment, net 25,052 26,203
Bank-owned life insurance 42,257 41,262
Equity method investments 40,013 46,494
Accrued interest receivable and other assets 65,543 72,300
Goodwill 3,988 2,350
TOTAL ASSETS 2,792,449 2,331,476
Deposits:    
Noninterest-bearing 1,120,433 715,791
Interest-bearing 1,257,172 1,266,598
Total deposits 2,377,605 1,982,389
Accrued interest payable and other liabilities 55,126 55,931
Repurchase agreements 11,385 10,266
Subordinated debt 73,030 43,407
Total liabilities 2,517,146 2,091,993
STOCKHOLDERS’ EQUITY    
Preferred stock - par value $1,000; 20,000 shares authorized; no shares issued and outstanding as of December 31, 2021 and 733 shares issued and outstanding as of December 31, 2020 0 7,334
Common stock - par value $1; 20,000,000 shares authorized; 12,934,966 and 12,086,950 shares issued and outstanding, respectively, as of December 31, 2021 and 12,374,322 and 11,526,306 shares issued and outstanding, respectively, as of December 31, 2020 12,935 12,374
Additional paid-in capital 143,521 129,119
Retained earnings 138,219 105,171
Accumulated other comprehensive income (loss) (3,606) 2,226
Treasury stock - 848,016 shares as of December 31, 2021 and December 31, 2020, at cost (16,741) (16,741)
Total equity attributable to parent 274,328 239,483
Noncontrolling interest 975 0
Total stockholders' equity 275,303 239,483
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 2,792,449 $ 2,331,476