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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Cash and cash equivalents:    
Cash and due from banks $ 4,965 $ 8,878
Interest-bearing balances with banks 349,007 298,559
Total cash and cash equivalents 353,972 307,437
Certificates of deposit with banks 2,229 2,719
Investment securities available-for-sale 395,301 421,466
Equity securities 34,447 32,402
Loans held-for-sale 9,161 0
Loans receivable 1,897,853 1,869,838
Allowance for loan losses (18,808) (18,266)
Loans receivable, net 1,879,045 1,851,572
Premises and equipment, net 25,357 25,052
Bank-owned life insurance 42,500 42,257
Equity method investments 43,063 40,013
Accrued interest receivable and other assets 104,401 65,543
Goodwill 3,988 3,988
TOTAL ASSETS 2,893,464 2,792,449
Deposits:    
Noninterest-bearing 1,308,998 1,120,433
Interest-bearing 1,200,081 1,257,172
Total deposits 2,509,079 2,377,605
Accrued interest payable and other liabilities 35,328 55,126
Repurchase agreements 12,101 11,385
Subordinated debt 73,094 73,030
Total liabilities 2,629,602 2,517,146
STOCKHOLDERS’ EQUITY    
Common stock - par value $1; 20,000,000 shares authorized; 12,991,140 and 12,143,124 shares issued and outstanding, respectively, as of March 31, 2022 and 12,934,966 and 12,086,950 shares issued and outstanding, respectively, as of December 31, 2021 12,991 12,935
Additional paid-in capital 144,968 143,521
Retained earnings 139,024 138,219
Accumulated other comprehensive loss (17,162) (3,606)
Treasury stock - 848,016 shares as of March 31, 2022 and December 31, 2021, at cost (16,741) (16,741)
Total equity attributable to parent 263,080 274,328
Noncontrolling interest 782 975
Total stockholders' equity 263,862 275,303
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 2,893,464 $ 2,792,449