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Consolidated Balance Sheets - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 77,596,000 $ 60,026,000
Federal funds sold   480,000
Securities available for sale, at fair value 113,889,000 108,571,000
Securities held to maturity, at cost   12,192,000
Restricted equity securities, at cost 9,441,000 8,134,000
Loans held for sale 193,122,000 55,646,000
Loans, net of unearned income 1,039,180,000 646,834,000
Less allowance for loan losses (12,123,000) (4,572,000)
Loans, net 1,027,057,000 642,262,000
Premises and equipment, net 14,947,000 13,651,000
Cash surrender value of life insurance 15,013,000 14,734,000
Goodwill 19,892,000 19,915,000
Other intangible assets 3,022,000 3,718,000
Other assets 49,320,000 21,482,000
Total assets 1,523,299,000 960,811,000
Deposits:    
Noninterest-bearing 278,584,000 177,819,000
Interest-bearing 636,682,000 544,211,000
Total deposits 915,266,000 722,030,000
Federal funds purchased 135,000  
Other borrowings 459,476,000 124,800,000
Subordinated debentures, net of issuance costs 24,489,000 9,800,000
Other liabilities 24,003,000 11,844,000
Total liabilities 1,423,369,000 868,474,000
Stockholders’ Equity:    
Common stock, no par value; 25,000,000 and 10,000,000 shares authorized at September 30, 2020 and December 31, 2019, respectively; 5,718,621 and 5,658,585 shares issued and outstanding at September 30, 2020 and December 31, 2019, respectively 66,556,000 66,204,000
Additional paid-in capital 252,000 252,000
Retained earnings 35,107,000 25,428,000
Accumulated other comprehensive income (loss) (2,210,000) 229,000
Total stockholders' equity 99,705,000 92,113,000
Noncontrolling interest 225,000 224,000
Total stockholders’ equity 99,930,000 92,337,000
Total liabilities and stockholders’ equity $ 1,523,299,000 $ 960,811,000