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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and Cash Equivalents $ 75,496 $ 143,473
Bank-Owned Certificates of Deposit 1,182 1,876
Securities Available for Sale, at Fair Value 542,007 439,362
Loans, Net of Allowance for Loan Losses of $46,491 at September 30, 2022 (unaudited) and $40,020 at December 31, 2021 3,324,503 2,769,917
Federal Home Loan Bank (FHLB) Stock, at Cost 15,603 5,242
Premises and Equipment, Net 48,941 49,395
Accrued Interest 11,198 9,186
Goodwill 2,626 2,626
Other Intangible Assets, Net 336 479
Other Assets 107,095 56,103
Total Assets 4,128,987 3,477,659
Deposits:    
Noninterest Bearing 961,084 875,084
Interest Bearing 2,343,990 2,071,153
Total Deposits 3,305,074 2,946,237
Federal Funds Purchased 212,000  
FHLB Advances 71,500 42,500
Subordinated Debentures, Net of Issuance Costs 92,559 92,239
Accrued Interest Payable 2,214 1,409
Other Liabilities 63,633 16,002
Total Liabilities 3,746,980 3,098,387
SHAREHOLDERS' EQUITY    
Preferred Stock- $0.01 par value; Authorized 10,000,000 Preferred Stock - Issued and Outstanding 27,600 Series A shares ($2,500 liquidation preference) at September 30, 2022 (unaudited) and December 31, 2021 66,514 66,514
Common Stock- $0.01 par value; Authorized 75,000,000 Common Stock - Issued and Outstanding 27,587,978 at September 30, 2022 (unaudited) and 28,206,566 at December 31, 2021 276 282
Additional Paid-In Capital 95,973 104,123
Retained Earnings 235,964 199,347
Accumulated Other Comprehensive Income (Loss) (16,720) 9,006
Total Shareholders' Equity 382,007 379,272
Total Liabilities and Equity $ 4,128,987 $ 3,477,659