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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Cash and cash equivalents:    
Cash and due from financial institutions $ 7,220 $ 8,380 [1]
Interest-bearing deposits in other financial institutions 291,010 521,787 [1]
Total cash and cash equivalents 298,230 530,167 [1]
Securities available for sale, at fair value 271,626 271,332 [1]
Securities held-to-maturity, at amortized cost (fair value of $15,927 and $23,364, respectively) 16,138 22,940 [1]
Total loans 2,393,669 2,339,986
Less allowance for credit losses (29,379) (29,105) [1]
Net loans 2,364,290 2,310,881 [1]
Stock in Federal Reserve Bank (FRB) and Federal Home Loan Bank (FHLB) 11,927 15,521 [1]
Bank premises and equipment, net 29,872 30,410 [1]
Operating lease right-of-use assets 5,305 5,866 [1]
Goodwill 101,954 101,954 [1]
Core deposit intangibles, net 4,121 4,462 [1]
Bank-owned life insurance 67,099 66,724 [1]
Other real estate owned 1,041 1,163 [1]
Deferred tax assets, net 12,380 9,571 [1]
Other assets 35,893 36,362 [1]
Total assets 3,219,876 3,407,353 [1]
LIABILITIES AND STOCKHOLDERS' EQUITY    
Noninterest-bearing demand deposits 559,682 530,282 [1]
Interest-bearing deposits:    
NOW accounts 730,235 849,738 [1]
Money market accounts 831,580 799,759 [1]
Savings accounts 225,291 222,862 [1]
Time deposits 339,456 360,575 [1]
Total interest-bearing deposits 2,126,562 2,232,934 [1]
Total deposits 2,686,244 2,763,216 [1]
Securities sold under agreements to repurchase - short term 11,231 9,962 [1]
FHLB advances 0 100,000 [1]
Junior subordinated debt - long term 9,743 9,731 [1]
Senior subordinated notes - long term 85,356 85,297 [1]
Operating lease liabilities 5,897 6,498 [1]
Other liabilities 17,210 20,768 [1]
Total liabilities 2,815,681 2,995,472 [1]
Commitments and contingencies (See Note 9) [1]
Stockholders' equity:    
Preferred stock, $0.01 par value. Authorized 5,000,000 shares; no shares issued and outstanding [1]
Common stock, $0.01 par value. Authorized 45,000,000 shares; 24,622,739 and 24,574,619 shares issued and outstanding at March 31, 2022 and December 31, 2021, respectively 245 245 [1]
Additional paid in capital 311,872 311,127 [1]
Retained earnings 101,533 99,397 [1]
Accumulated other comprehensive income (loss) (9,455) 1,112 [1]
Total stockholders' equity 404,195 411,881 [1]
Total liabilities and stockholders' equity $ 3,219,876 $ 3,407,353 [1]
[1] Derived from audited consolidated financial statements