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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Assets:    
Cash and due from banks $ 75,373 $ 46,558
Interest bearing deposits 136,293 265,198
Federal funds sold 2,000 0
Cash and cash equivalents 213,666 311,756
Certificates of deposit in other banks 245 245
Debt securities available-for-sale at fair value (amortized cost of $1,534,312 and $1,461,829, respectively) 1,402,127 1,455,429
Equity securities at fair value 2,128 2,253
Loans held for sale 936 2,632
Loans 3,558,443 3,408,813
Allowance for credit losses (42,344) (41,756)
Net loans 3,516,099 3,367,057
Premises and equipment, net 40,704 40,479
Right-of-use assets 12,005 12,148
Federal Home Loan Bank stock 8,139 8,139
Federal Reserve Bank stock 4,887 4,887
Goodwill 65,490 65,490
Bank owned life insurance 91,974 91,097
Mortgage servicing rights 8,220 6,774
Other real estate owned 1,954 3,486
Deferred tax asset 31,851 0
Accrued interest receivable 15,801 15,415
Other assets 31,124 30,970
Total assets 5,447,350 5,418,257
Deposits:    
Noninterest bearing 1,408,148 1,331,103
Interest bearing 3,064,780 3,013,189
Total deposits 4,472,928 4,344,292
Repurchase agreements 238,733 271,088
Federal funds purchased 500 500
Advances from Federal Home Loan Bank 365 375
Long-term debt 57,841 57,841
Deferred tax liability 0 546
Operating lease liability 11,069 11,583
Finance lease liability 1,410 1,422
Accrued interest payable 1,863 1,016
Other liabilities 30,591 31,392
Total liabilities 4,815,300 4,720,055
Shareholders' equity:    
Preferred stock, 300,000 shares authorized and unissued 0 0
Common stock, $5.00 par value, shares authorized 25,000,000; shares issued and outstanding 2022 - 17,895,181; 2021 - 17,843,081 89,475 89,215
Capital surplus 228,020 227,085
Retained earnings 412,484 386,750
Accumulated other comprehensive loss, net of tax (97,929) (4,848)
Total shareholders' equity 632,050 698,202
Total liabilities and shareholders' equity $ 5,447,350 $ 5,418,257