Consolidated Statements of Financial Condition (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
ASSETS:
Cash and due from banks	$ 22,246	$ 19,579
Federal funds sold	485,823	94,763
Total cash and cash equivalents	508,069	114,342
Investment securities, available for sale	39,723	28,555
Loans, net of allowance for losses of $12,524 and $11,075 at June 30, 2020 and December 31, 2019, respectively	1,285,388	941,132
Premises and equipment, net	4,709	3,668
Bank owned life insurance (BOLI)	23,434	22,316
Goodwill and other intangible assets	7,575	7,595
Accrued interest receivable and other assets	41,528	34,426
Total assets	1,910,426	1,152,034
Deposits
Non-interest bearing	643,354	387,267
Interest bearing	742,348	600,969
Total deposits	1,385,702	988,236
Other borrowings	364,703	10,000
Junior Subordinated debt securities	4,986	4,977
Accrued interest payable and other liabilities	21,370	18,565
Total liabilities	1,776,761	1,021,778
Commitments and Contingencies (Note 5)
Shareholders' equity
Common stock, no par value; 40,000,000 shares authorized; 8,133,457 and 8,092,966 issued and outstanding at June 30, 2020 and December 31, 2019, respectively	107,241	106,427
Retained earnings	25,541	23,518
Accumulated other comprehensive income, net of taxes	883	311
Total shareholders' equity	133,665	130,256
Total liabilities and shareholders' equity	$ 1,910,426	$ 1,152,034