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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Cash and cash equivalents:    
Cash and due from banks $ 317,462 $ 326,733
Federal funds sold 2,741 292
Total cash and cash equivalents 320,203 327,025
Interest bearing time deposits in other banks 132 131
Investment securities available for sale 157,261 26,432
Loans, net of allowance for loan loss of $26,666 and $19,295 at June 30, 2022 and December 31, 2021, respectively 2,722,511 2,049,429
Accrued interest receivable 12,568 10,228
Premises and equipment, net 22,888 19,045
Other real estate owned   1,676
Bank-owned life insurance 51,919 26,528
Non-marketable equity securities, at cost 15,213 7,527
Deferred tax asset, net 7,179 4,123
Core Deposit Intangible, net 1,211 1,292
Goodwill 18,034 18,034
Other assets 28,943 7,942
Total assets 3,358,062 2,499,412
Deposits:    
Noninterest bearing 519,614 531,401
Interest bearing 2,378,650 1,609,798
Total deposits 2,898,264 2,141,199
Accrued interest payable 1,683 437
Other liabilities 26,906 7,769
FHLB advances 18,000 50,000
Line of credit - Senior Debt 30,875 1,000
Note payable - Subordinated Debt, net 80,367  
Total liabilities 3,056,095 2,200,405
Shareholders' equity:    
Common stock, $1 par value; 50,000,000 shares authorized; 13,542,555 and 13,481,786 issued; and 13,464,093 and 13,403,324 outstanding at June 30, 2022 and December 31, 2021, respectively 13,543 13,482
Additional paid-in capital 250,413 249,202
Retained earnings 40,393 36,029
Accumulated other comprehensive (loss) income (1,283) 1,393
Treasury stock: at cost; 78,462 shares at June 30, 2022 and December 31, 2021 (1,099) (1,099)
Total shareholders' equity 301,967 299,007
Total liabilities & shareholders' equity $ 3,358,062 $ 2,499,412