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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 93,948 $ 62,304
Federal funds sold and interest bearing due from banks 235,973 898,888
Total cash and cash equivalents 329,921 961,192
Mortgage loans held for sale, at fair value 5,230 8,614
Available for sale debt securities (amortized cost of $1,317,163 in 2022 and $1,190,379 in 2021, respectively) 1,149,173 1,180,298
Held to maturity debt securities (fair value of $433,371 in 2022 and $0 in 2021, respectively) 478,125 0
Federal Home Loan Bank stock, at cost 10,928 9,376
Loans [1] 5,072,877 4,169,303
Allowance for credit losses on loans 70,083 53,898
Net loans 5,002,794 4,115,405
Premises and equipment, net 98,744 76,894
Premises held for sale 10,355 0
Bank owned life insurance 84,129 53,073
Accrued interest receivable 17,568 13,745
Goodwill 202,524 135,830
Other assets 135,972 86,002
Total assets 7,554,210 6,646,025
Liabilities    
Non-interest bearing 2,200,041 1,755,754
Interest bearing 4,300,732 4,031,760
Total deposits 6,500,773 5,787,514
Securities sold under agreements to repurchase 124,567 75,466
Federal funds purchased 8,970 10,374
Subordinated debentures 26,244 0
Accrued interest payable 401 300
Other liabilities 162,506 96,502
Total liabilities 6,823,461 5,970,156
Commitments and contingent liabilities (Footnote 12)
Stockholders’ equity    
Preferred stock, no par value. Authorized 1,000,000 shares; no shares issued or outstanding 0 0
Common stock, no par value. Authorized 40,000,000 shares; issued and outstanding 29,242,000 and 26,596,000 shares in 2022 and 2021, respectively 58,311 49,501
Additional paid-in capital 376,091 243,107
Retained earnings 421,269 391,201
Accumulated other comprehensive loss (127,917) (7,940)
Total stockholders’ equity 727,754 675,869
Non-controlling interest 2,995 0
Total equity 730,749 675,869
Total liabilities and equity 7,554,210 6,646,025
Core Deposits [Member]    
Assets    
Intangible 15,914 5,596
Customer Lists [Member]    
Assets    
Intangible $ 12,833 $ 0
[1] Total loans are presented inclusive of premiums, discounts and net loan origination fees and costs.