CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents	$ 364,112	$ 103,930
Securities available-for-sale	217,172	180,905
Federal Home Loan Bank stock	12,398	11,475
Mortgage loans held for sale, at fair value	24,557	13,889
Loans:
Total loans	1,815,353	1,227,609
Less: Allowance for loan losses	(17,063)	(12,674)
Net loans	1,798,290	1,214,935
Premises and equipment, net	15,882	13,838
Goodwill	35,554	9,387
Other intangible assets, net	4,792	383
Other real estate owned	61	921
Bank-owned life insurance	17,965	12,167
Income tax benefit	3,293	1,217
Interest receivable and other assets	47,620	21,852
Total assets	2,541,696	1,584,899
Deposits:
Noninterest-bearing demand deposits	644,251	325,885
Interest-bearing demand deposits	119,570	62,586
Money market and savings deposits	472,599	313,885
Time deposits	584,931	433,072
Total deposits	1,821,351	1,135,428
Borrowings	455,159	212,225
Subordinated notes	44,457	44,440
Other liabilities	40,470	22,103
Total liabilities	2,361,437	1,414,196
Common stock, no par value per share:
Authorized—20,000,000 shares Issued and outstanding—7,734,322 shares at June 30, 2020 and 7,715,491 shares at December 31, 2019	89,175	89,345
Retained earnings	83,824	77,766
Accumulated other comprehensive income, net of tax	7,260	3,592
Total shareholders' equity	180,259	170,703
Total liabilities and shareholders' equity	2,541,696	1,584,899
Originated
Loans:
Total loans	1,558,955	1,158,138
Acquired
Loans:
Total loans	$ 256,398	$ 69,471