CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents	$ 129,976	$ 115,459
Available-for-sale debt securities, at fair value	161,182	150,444
Other investments	10,836	10,999
Loans held for sale	86,243	89,428
Loans receivable, net of allowance of $16,672 in 2022 and $16,123 in 2021	1,411,738	1,297,896
Premises and equipment, net	4,570	4,355
Accrued interest receivable, net of allowance of $0 in 2022 and $205 in 2021	4,893	4,579
Servicing assets	12,341	12,720
Company owned life insurance	11,197	11,134
Deferred tax assets, net	10,882	8,409
Operating right-of-use assets	8,471	8,905
Other assets	11,616	12,363
Total assets	1,863,945	1,726,691
Deposits:
Noninterest bearing	848,531	774,754
Interest bearing:
Money market and others	456,890	380,226
Time deposits greater than $250,000	192,849	207,288
Other time deposits	173,733	171,798
Total deposits	1,672,003	1,534,066
Accrued interest payable	548	558
Operating lease liabilities	9,839	10,307
Other liabilities	15,564	16,538
Total liabilities	1,697,954	1,561,469
Shareholders’ equity
Preferred stock no par value; 10,000,000 shares authorized; no shares issued or outstanding in 2022 and 2021	0	0
Common stock – no par value; 50,000,000 shares authorized; 15,137,808 shares issued and outstanding in 2022 and 2021	78,718	78,718
Additional paid-in capital	8,860	8,645
Retained earnings	85,694	79,056
Accumulated other comprehensive loss	(7,281)	(1,197)
Total shareholders’ equity	165,991	165,222
Total liabilities and shareholders' equity	$ 1,863,945	$ 1,726,691