XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Balance Sheets - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Cash and cash equivalents:    
Cash and due from banks $ 369,782,000 $ 326,733,000
Federal funds sold 1,538,000 292,000
Total cash and cash equivalents 371,320,000 327,025,000
Interest bearing time deposits in other banks 132,000 131,000
Investment securities available for sale 126,218,000 26,432,000
Loans, net of allowance for loan loss of $23,312 and $19,295 at March 31, 2022 and December 31, 2021, respectively 2,424,633,000 2,049,429,000
Accrued interest receivable 12,648,000 10,228,000
Premises and equipment, net 20,846,000 19,045,000
Other real estate owned 1,666,000 1,676,000
Bank-owned life insurance 26,671,000 26,528,000
Non-marketable equity securities, at cost 11,327,000 7,527,000
Deferred tax asset, net 4,258,000 4,123,000
Core Deposit Intangible, net 1,252,000 1,292,000
Goodwill 18,034,000 18,034,000
Other assets 21,383,000 7,942,000
Total assets 3,040,388,000 2,499,412,000
Deposits:    
Noninterest bearing 931,622,000 531,401,000
Interest bearing 1,655,547,000 1,609,798,000
Total deposits 2,587,169,000 2,141,199,000
Accrued interest payable 387,000 437,000
Other liabilities 20,122,000 7,769,000
FHLB advances 50,000,000 50,000,000
Line of credit - Senior Debt 1,000,000 1,000,000
Note payable - Subordinated Debt, net 80,507,000  
Total liabilities 2,739,185,000 2,200,405,000
Shareholders' equity:    
Common stock, $1 par value; 50,000,000 shares authorized; 13,524,244 and 13,481,786 issued; and 13,445,782 and 13,403,324 outstanding at March 31, 2022 and December 31, 2021, respectively 13,524,000 13,482,000
Additional paid-in capital 249,775,000 249,202,000
Retained earnings 38,116,000 36,029,000
Accumulated other comprehensive income 887,000 1,393,000
Treasury stock: at cost; 78,462 shares at March 31, 2022 and December 31, 2021 (1,099,000) (1,099,000)
Total shareholders' equity 301,203,000 299,007,000
Total liabilities & shareholders' equity $ 3,040,388,000 $ 2,499,412,000