Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Assets
Cash and due from banks	$ 5,726	$ 5,061
Interest-bearing deposits	345,542	322,300
Total cash and cash equivalents	351,268	327,361
Securities available-for-sale, at fair value (amortized cost of $608,567 and $546,640 in 2020 and 2019, respectively)	608,682	540,852
Securities held-to-maturity, at amortized cost (fair value of $69,468 and $62,560 in 2020 and 2019, respectively)	66,331	61,878
Loans held-for-sale (includes $52,394 and $56,097 at fair value in 2020 and 2019, respectively)	52,394	56,097
Loans	2,892,093	2,963,547
Allowance for loan losses	(22,857)	(21,840)
Net loans	2,869,236	2,941,707
Accrued interest receivable	16,960	18,607
Federal Home Loan Bank of Indianapolis stock	25,650	25,650
Cash surrender value of bank-owned life insurance	37,238	37,002
Premises and equipment, net	18,883	14,630
Goodwill	4,687	4,687
Servicing asset, at fair value	2,415	2,481
Other real estate owned	2,065	2,065
Accrued income and other assets	112,337	67,066
Total assets	4,168,146	4,100,083
Liabilities and Shareholders’ Equity
Noninterest-bearing deposits	70,562	57,115
Interest-bearing deposits	3,107,944	3,096,848
Total deposits	3,178,506	3,153,963
Advances from Federal Home Loan Bank	514,911	514,910
Subordinated debt, net of unamortized debt issuance costs of $2,395 and $2,472 in 2020 and 2019, respectively	69,605	69,528
Accrued interest payable	3,293	3,767
Accrued expenses and other liabilities	96,704	53,002
Total liabilities	3,863,019	3,795,170
Commitments and Contingencies
Shareholders’ Equity
Preferred stock, no par value; 4,913,779 shares authorized; issued and outstanding - none	0	0
Retained earnings	105,100	99,681
Accumulated other comprehensive loss	(19,866)	(14,191)
Total shareholders’ equity	305,127	304,913
Total liabilities and shareholders’ equity	4,168,146	4,100,083
Voting Common Stock
Shareholders’ Equity
Common stock	219,893	219,423
Nonvoting Common Stock
Shareholders’ Equity
Common stock	$ 0	$ 0