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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Assets:    
Cash and due from banks $ 66,075 $ 54,250
Interest bearing deposits 140,701 283,985
Federal funds sold 1,000 0
Cash and cash equivalents 207,776 338,235
Certificates of deposit in other banks 245 245
Debt securities available-for-sale at fair value (amortized cost of $1,524,014 and $978,774, respectively) 1,525,738 997,261
Equity securities at fair value 2,461 2,471
Loans held for sale 12,056 23,259
Loans 3,398,229 3,554,211
Allowance for credit losses (41,215) (48,022)
Net loans 3,357,014 3,506,189
Premises and equipment, net 40,145 42,001
Right-of-use assets 12,399 13,215
Federal Home Loan Bank stock 8,139 10,048
Federal Reserve Bank stock 4,887 4,887
Goodwill 65,490 65,490
Bank owned life insurance 91,292 72,373
Mortgage servicing rights 6,265 4,068
Other real estate owned 4,314 7,694
Deferred tax asset 314 0
Accrued interest receivable 15,280 15,818
Other assets 31,770 35,887
Total assets 5,385,585 5,139,141
Deposits:    
Noninterest bearing 1,318,158 1,140,925
Interest bearing 2,978,078 2,875,157
Total deposits 4,296,236 4,016,082
Repurchase agreements 292,022 355,862
Federal funds purchased 500 500
Advances from Federal Home Loan Bank 380 395
Long-term debt 57,841 57,841
Deferred tax liability 0 4,687
Operating lease liability 11,802 12,531
Finance lease liability 1,427 1,441
Accrued interest payable 1,844 1,243
Other liabilities 31,890 33,694
Total liabilities 4,693,942 4,484,276
Shareholders' equity:    
Preferred stock, 300,000 shares authorized and unissued 0 0
Common stock, $5.00 par value, shares authorized 25,000,000; shares outstanding 2021 - 17,837,313; 2020 - 17,810,401 89,188 89,052
Capital surplus 226,671 225,507
Retained earnings 374,621 326,738
Accumulated other comprehensive income, net of tax 1,163 13,568
Total shareholders' equity 691,643 654,865
Total liabilities and shareholders' equity $ 5,385,585 $ 5,139,141