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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and Cash Equivalents $ 61,526 $ 31,935
Bank-Owned Certificates of Deposit 2,895 2,654
Securities Available for Sale, at Fair Value 307,317 289,877
Loans, Net of Allowance for Loan Losses of $24,585 at March 31, 2020 (unaudited) and $22,526 at December 31, 2019 1,972,896 1,884,000
Federal Home Loan Bank (FHLB) Stock, at Cost 11,017 7,824
Premises and Equipment, Net 35,271 27,628
Accrued Interest 7,102 6,775
Goodwill 2,626 2,626
Other Intangible Assets, Net 813 861
Other Assets 17,267 14,650
Total Assets 2,418,730 2,268,830
Deposits:    
Noninterest Bearing 476,217 447,509
Interest Bearing 1,423,910 1,375,801
Total Deposits 1,900,127 1,823,310
Notes Payable 12,500 13,000
FHLB Advances 207,500 136,500
Subordinated Debentures, Net of Issuance Costs 24,759 24,733
Accrued Interest Payable 1,688 1,982
Other Liabilities 24,013 24,511
Total Liabilities 2,170,587 2,024,036
SHAREHOLDERS' EQUITY    
Preferred Stock- $0.01 par value Authorized 10,000,000; None Issued and Outstanding at March 31, 2020 (unaudited) and December 31, 2019
Common Stock- $0.01 par value Common Stock - Authorized 75,000,000; Issued and Outstanding 28,807,375 at March 31, 2020 (unaudited) and 28,973,572 at December 31, 2019 288 290
Additional Paid-In Capital 110,446 112,093
Retained Earnings 135,080 127,637
Accumulated Other Comprehensive Income 2,329 4,774
Total Shareholders' Equity 248,143 244,794
Total Liabilities and Shareholders' Equity $ 2,418,730 $ 2,268,830