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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 62,780 $ 83,085
Federal funds sold 1,545 1,324
Total cash and cash equivalents 64,325 84,409
Interest-bearing time deposits 4,435 4,442
Securities - available-for-sale 372,975 390,789
Other securities, at cost 11,543 9,799
Loans held for sale 951 827
Loans, net 2,422,018 2,336,074
Premises and equipment 28,679 28,381
Construction in progress 1,565 278
Goodwill 86,358 86,358
Loan servicing rights 4,985 3,549
Bank owned life insurance 33,269 33,073
Other assets 38,972 37,372
Total Assets 3,070,075 3,015,351
Deposits    
Noninterest-bearing 520,145 532,794
Interest-bearing    
NOW accounts 800,230 750,887
Savings 590,854 627,203
Time 601,939 557,980
Total deposits 2,513,168 2,468,864
Federal funds purchased and securities sold under agreements to repurchase 30,496 54,206
Federal Home Loan Bank (FHLB) advances 164,327 127,485
Other borrowings   10,000
Subordinated notes, net of unamortized issuance costs 34,615 34,586
Dividend payable 2,831 2,832
Accrued expenses and other liabilities 18,881 19,238
Total liabilities 2,764,318 2,717,211
Commitments and Contingencies
Stockholders' Equity    
Common stock - No par value 20,000,000 shares authorized; issued and outstanding 14,564,425 shares 3/31/23 and 12/31/22 135,241 135,497
Treasury stock - 934,303 shares 3/31/23, 956,003 shares 12/31/22 (11,310) (11,573)
Retained earnings 213,012 212,449
Accumulated other comprehensive loss (31,186) (38,233)
Total stockholders' equity 305,757 298,140
Total Liabilities and Stockholders' Equity $ 3,070,075 $ 3,015,351