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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Cash and cash equivalents:    
Cash and due from banks $ 2,921 $ 2,405
Interest-bearing deposits in other financial institutions 286,168 153,584
Total cash and cash equivalents 289,089 155,989
Available-for-sale securities, at fair value 25,532 36,666
Correspondent bank stock, at cost 2,053 2,552
Mortgage loans held for sale 48,563 161,843
Loans, net of allowance of $12,552 and $12,539 1,558,508 1,520,294
Premises and equipment, net 5,885 5,320
Accrued interest receivable 5,986 6,618
Accounts receivable 4,923 4,865
Other receivables 1,056 1,422
Other real estate owned, net   194
Goodwill and other intangible assets, net 24,250 24,258
Deferred tax assets, net 5,742 6,056
Company-owned life insurance 15,626 15,449
Other assets 22,091 32,129
Total assets 2,009,304 1,973,655
Deposits:    
Noninterest-bearing 555,106 481,457
Interest-bearing 1,123,947 1,138,453
Total deposits 1,679,053 1,619,910
Borrowings:    
Federal Home Loan Bank and Federal Reserve borrowings 120,762 149,563
Subordinated notes 24,261 24,291
Accrued interest payable 312 453
Other liabilities 16,930 24,476
Total liabilities 1,841,318 1,818,693
SHAREHOLDERS' EQUITY    
Preferred stock - no par value; 10,000,000 shares authorized; 0 issued and outstanding
Common stock - no par value; 90,000,000 shares authorized; 7,994,832 and 7,951,773 shares issued and outstanding as of June 30, 2021 and December 31, 2020, respectively
Additional paid-in capital 145,622 144,703
Retained earnings 21,855 9,579
Accumulated other comprehensive income 509 680
Total shareholders' equity 167,986 154,962
Total liabilities and shareholders' equity $ 2,009,304 $ 1,973,655