Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Assets
Cash and due from banks	$ 5,061	$ 7,080
Interest-bearing demand deposits	322,300	181,632
Total cash and cash equivalents	327,361	188,712
Securities available-for-sale - at fair value (amortized cost of $546,640 in 2019 and $499,893 in 2018)	540,852	481,345
Securities held-to-maturity - at amortized cost (fair value of $62,560 in 2019 and $22,418 in 2018)	61,878	22,750
Loans held-for-sale (includes $56,097 in 2019 and $18,328 in 2018 at fair value)	56,097	18,328
Loans	2,963,547	2,716,228
Allowance for loan losses	(21,840)	(17,896)
Net loans	2,941,707	2,698,332
Accrued interest receivable	18,607	16,822
Federal Home Loan Bank of Indianapolis stock	25,650	23,625
Cash surrender value of bank-owned life insurance	37,002	36,059
Premises and equipment, net	14,630	10,697
Goodwill	4,687	4,687
Servicing asset	2,481	0
Other real estate owned	2,065	2,619
Accrued income and other assets	67,066	37,716
Total assets	4,100,083	3,541,692
Liabilities
Noninterest-bearing deposits	57,115	43,301
Interest-bearing deposits	3,096,848	2,628,050
Total deposits	3,153,963	2,671,351
Advances from Federal Home Loan Bank	514,910	525,153
Subordinated debt, net of unamortized discounts and debt issuance costs of $2,472 in 2019 and $1,125 in 2018	69,528	33,875
Accrued interest payable	3,767	1,108
Accrued expenses and other liabilities	53,002	21,470
Total liabilities	3,795,170	3,252,957
Commitments and Contingencies
Shareholders’ equity
Preferred stock, no par value; 4,913,779 shares authorized; issued and outstanding - none	0	0
Retained earnings	99,681	77,689
Accumulated other comprehensive loss	(14,191)	(16,541)
Total shareholders’ equity	304,913	288,735
Total liabilities and shareholders’ equity	4,100,083	3,541,692
Voting Common Stock
Shareholders’ equity
Voting and nonvoting common stock	219,423	227,587
Nonvoting Common Stock
Shareholders’ equity
Voting and nonvoting common stock	$ 0	$ 0