CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Assets
Cash and cash equivalents	$ 176,486	$ 103,930
Securities available-for-sale	253,527	180,905
Other investments	14,398	11,475
Mortgage loans held for sale, at fair value	60,635	13,889
Loans:
Total loans	1,843,888	1,227,609
Less: Allowance for loan losses	(21,254)	(12,674)
Net loans	1,822,634	1,214,935
Premises and equipment, net	15,646	13,838
Goodwill	35,554	9,387
Other intangible assets, net	5,581	383
Other real estate owned	0	921
Bank-owned life insurance	18,083	12,167
Income tax benefit	3,791	1,217
Interest receivable and other assets	40,112	21,852
Total assets	2,446,447	1,584,899
Deposits:
Noninterest-bearing demand deposits	632,427	325,885
Interest-bearing demand deposits	115,395	62,586
Money market and savings deposits	595,471	313,885
Time deposits	600,142	433,072
Total deposits	1,943,435	1,135,428
Borrowings	216,809	212,225
Subordinated notes	44,555	44,440
Other liabilities	32,180	22,103
Total liabilities	2,236,979	1,414,196
Shareholders' equity
Preferred stock, no par value per share; authorized—50,000 shares; issued and outstanding—10,000 shares, with a liquidation preference of $2,500 per share, at September 30, 2020 and 0 shares at December 31, 2019	23,370	0
Common stock, no par value per share; authorized—20,000,000 shares; issued and outstanding—7,734,322 shares at September 30, 2020 and 7,715,491 shares at December 31, 2019	89,409	89,345
Retained earnings	88,646	77,766
Accumulated other comprehensive income, net of tax	8,043	3,592
Total shareholders' equity	209,468	170,703
Total liabilities and shareholders' equity	2,446,447	1,584,899
Originated loans
Loans:
Total loans	1,603,893	1,158,138
Acquired loans
Loans:
Total loans	$ 239,995	$ 69,471