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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 52,988 $ 68,605
Short-term investments 79,593 30,776
Total cash and cash equivalents 132,581 99,381
Securities available-for-sale (carried at fair value) 624,325 608,233
Real estate mortgage loans held-for-sale 7,982 4,527
Loans, net of allowance for loan losses of $53,609 and $50,652 4,032,129 4,015,176
Land, premises and equipment, net 60,945 60,365
Bank owned life insurance 83,037 83,848
Federal Reserve and Federal Home Loan Bank stock 13,772 13,772
Accrued interest receivable 15,433 15,391
Goodwill 4,970 4,970
Other assets 54,904 41,082
Total assets 5,030,078 4,946,745
LIABILITIES    
Noninterest bearing deposits 1,057,994 983,307
Interest bearing deposits 3,223,709 3,150,512
Total deposits 4,281,703 4,133,819
Federal Home Loan Bank advances 75,000 170,000
Miscellaneous borrowings 10,500 0
Total borrowings 85,500 170,000
Accrued interest payable 10,082 11,604
Other liabilities 46,221 33,222
Total liabilities 4,423,506 4,348,645
STOCKHOLDERS' EQUITY    
Common stock: 90,000,000 shares authorized, no par value 25,701,115 shares issued and 25,234,572 outstanding as of March 31, 2020 25,623,016 shares issued and 25,444,275 outstanding as of December 31, 2019 113,337 114,858
Retained earnings 484,857 475,247
Accumulated other comprehensive income 22,550 12,059
Treasury stock at cost (466,543 shares as of March 31, 2020, 178,741 shares as of December 31, 2019) (14,261) (4,153)
Total stockholders' equity 606,483 598,011
Noncontrolling interest 89 89
Total equity 606,572 598,100
Total liabilities and equity $ 5,030,078 $ 4,946,745