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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Cash and cash equivalents:    
Cash and due from financial institutions $ 6,898 $ 6,939
Interest-bearing deposits in other financial institutions 26,190 20,877
Federal funds sold   795
Total cash and cash equivalents 33,088 28,611
Securities available for sale, at fair value 163,860 143,377
Securities held to maturity, at amortized cost (fair value of $86,681 and $89,109, respectively) 86,815 92,462
Total loans 2,172,845 2,178,824
Less allowance for loan losses (11,613) (12,283)
Net loans 2,161,232 2,166,541
Stock in Federal Reserve Bank and Federal Home Loan Bank 17,364 19,522
Equity investment in mortgage affiliate 4,405 3,829
Preferred investment in mortgage affiliate 3,305 3,305
Bank premises and equipment, net 30,767 32,352
Operating lease right-of-use assets 7,924  
Goodwill 101,954 101,954
Core deposit intangibles, net 7,884 8,609
Bank-owned life insurance 63,060 62,495
Other real estate owned 5,041 5,077
Deferred tax assets, net 14,475 14,104
Other assets 23,129 19,057
Total assets 2,724,303 2,701,295
LIABILITIES AND STOCKHOLDERS' EQUITY    
Noninterest-bearing demand deposits 335,024 320,043
Interest-bearing deposits:    
NOW accounts 361,787 345,597
Money market accounts 444,299 355,469
Savings accounts 143,328 151,050
Time deposits 865,988 925,441
Total interest-bearing deposits 1,815,402 1,777,557
Total deposits 2,150,426 2,097,600
Securities sold under agreements to repurchase-short term 14,319 18,721
Federal Home Loan Bank (FHLB) advances-short term 110,640 163,340
Junior subordinated debt - long term 9,608 9,584
Senior subordinated notes-long term 47,070 47,089
Operating lease liabilities 8,385  
Other liabilities 21,063 16,671
Total liabilities 2,361,511 2,353,005
Commitments and contingencies (See Note 6)
Stockholders' equity:    
Preferred stock, $0.01 par value. Authorized 5,000,000 shares; no shares issued and outstanding
Common stock, $0.01 par value. Authorized 45,000,000 shares; 24,117,326 and 24,052,253 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively 241 240
Additional paid in capital 306,049 305,654
Retained earnings 55,983 44,985
Accumulated other comprehensive income (loss) 519 (2,589)
Total stockholders' equity 362,792 348,290
Total liabilities and stockholders' equity $ 2,724,303 $ 2,701,295