XML 17 R2.htm IDEA: XBRL DOCUMENT v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 83,085 $ 135,485
Federal funds sold 1,324 45,338
Total cash and cash equivalents 84,409 180,823
Interest-bearing time deposits 4,442 10,913
Securities - available-for-sale 390,789 429,931
Other securities, at cost 9,799 8,162
Loans held for sale 827 7,714
Loans, net 2,336,074 1,841,177
Premises and equipment 28,381 26,913
Construction in progress 278  
Goodwill 86,358 80,434
Mortgage servicing rights 3,549 3,157
Other real estate owned   159
Bank owned life insurance 33,073 27,558
Other assets 37,372 21,359
Total Assets 3,015,351 2,638,300
Deposits    
Noninterest-bearing 532,794 473,689
Interest-bearing    
NOW accounts 750,887 650,466
Savings 627,203 597,828
Time 557,980 471,479
Total deposits 2,468,864 2,193,462
Federal funds purchased and securities sold under agreement to repurchase 54,206 29,268
Federal Home Loan Bank (FHLB) advances 127,485 24,065
Other borrowings 10,000 40,000
Subordinated notes, net of unamortized issuance costs 34,586 34,471
Dividend payable 2,832 2,461
Accrued expenses and other liabilities 19,238 17,406
Total liabilities 2,717,211 2,341,133
Commitments and Contingencies
Stockholders' Equity    
Common stock - No par value 20,000,000 shares authorized; issued and outstanding 14,564,425 shares 12/31/22 and 14,063,999 shares 12/31/21 135,497 122,674
Treasury stock - 956,003 shares 12/31/22, 997,766 shares 12/31/21 (11,573) (11,724)
Retained earnings 212,449 189,401
Accumulated other comprehensive loss (38,233) (3,184)
Total stockholders' equity 298,140 297,167
Total Liabilities and Stockholders' Equity $ 3,015,351 $ 2,638,300