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Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 66,029 $ 41,982
Federal funds sold and interest bearing due from banks 54,451 97,266
Cash and cash equivalents 120,480 139,248
Mortgage loans held-for-sale 2,533 2,964
Securities available-for-sale (amortized cost of $561,365 in 2018 and $577,406 in 2017) 550,091 574,524
Federal Home Loan Bank stock 10,370 7,646
Loans 2,534,483 2,409,570
Less allowance for loan losses 25,222 24,885
Net loans 2,509,261 2,384,685
Premises and equipment, net 43,621 41,655
Bank owned life insurance 32,613 32,049
Accrued interest receivable 8,943 8,369
Other assets 46,885 48,506
Total assets 3,324,797 3,239,646
Liabilities and Stockholders’ Equity    
Non-interest bearing 705,386 674,697
Interest bearing 1,892,652 1,903,598
Total deposits 2,598,038 2,578,295
Securities sold under agreements to repurchase 53,883 70,473
Federal funds purchased and other short-term borrowings 231,344 161,352
Federal Home Loan Bank advances 48,500 49,458
Accrued interest payable 681 232
Other liabilities 39,371 46,192
Total liabilities 2,971,817 2,906,002
Stockholders’ equity:    
Preferred stock, no par value. Authorized 1,000,000 shares; no shares issued or outsanding
Common stock, no par value. Authorized 40,000,000 shares; issued and outstanding 22,745,709 and 22,679,362 shares in 2018 and 2017, respectively 36,678 36,457
Additional paid-in capital 35,598 31,924
Retained earnings 289,340 267,193
Accumulated other comprehensive loss (8,636) (1,930)
Total stockholders’ equity 352,980 333,644
Total liabilities and stockholders’ equity $ 3,324,797 $ 3,239,646