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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 104,867 $ 103,930
Securities available-for-sale 230,671 180,905
Federal Home Loan Bank stock 12,398 11,475
Mortgage loans held for sale, at fair value 18,305 13,889
Loans:    
Total loans 1,466,407 1,227,609
Less: Allowance for loan losses (12,989) (12,674)
Net loans 1,453,418 1,214,935
Premises and equipment, net 16,673 13,838
Goodwill 36,216 9,387
Other intangible assets, net 3,974 383
Other real estate owned 2,093 921
Bank-owned life insurance 17,848 12,167
Income tax benefit 630 1,217
Interest receivable and other assets 39,730 21,852
Total assets 1,936,823 1,584,899
Deposits:    
Noninterest-bearing demand deposits 410,152 325,885
Interest-bearing demand deposits 105,197 62,586
Money market and savings deposits 401,238 313,885
Time deposits 554,021 433,072
Total deposits 1,470,608 1,135,428
Borrowings 211,787 212,225
Subordinated notes 44,447 44,440
Other liabilities 34,213 22,103
Total liabilities 1,761,055 1,414,196
Common stock, no par value per share:    
Authorized—20,000,000 shares Issued and outstanding—7,730,822 shares at March 31, 2020 and 7,750,216 shares at December 31, 2019 88,910 89,345
Retained earnings 81,489 77,766
Accumulated other comprehensive income, net of tax 5,369 3,592
Total shareholders' equity 175,768 170,703
Total liabilities and shareholders' equity 1,936,823 1,584,899
Originated    
Loans:    
Total loans 1,188,107 1,158,138
Acquired    
Loans:    
Total loans $ 278,300 $ 69,471