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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 198,489 $ 144,006
Available-for-sale 354,149 310,350
Equity   2,808
Loans held for sale 72,258 46,846
Loans 1,758,277 1,721,279
Allowance for loan losses (27,019) (23,924)
Net loans 1,731,258 1,697,355
Land, premises and equipment, net 20,372 20,629
Operating lease right-of-use assets 7,965 8,343
Accrued interest receivable 7,425 7,551
Bank-owned life insurance 31,763 31,566
Goodwill 27,329 27,329
Other intangible assets 17,401 18,391
Servicing rights 3,277 3,845
Deferred income taxes, net 6,185 7,891
Other assets 34,207 29,968
Total assets 2,512,078 2,356,878
Deposits    
Noninterest-bearing 608,559 577,704
Interest-bearing 1,512,955 1,393,612
Total deposits 2,121,514 1,971,316
Long-term debt 58,762 58,769
Operating lease liabilities 8,480 8,864
Accrued expenses and other liabilities 29,714 32,201
Total liabilities 2,218,470 2,071,150
Stockholders’ equity    
Common stock, $1 par value, 30,000,000 shares authorized: 17,105,668 and 17,049,551 issued and outstanding 17,106 17,050
Additional paid-in capital 88,703 88,650
Retained earnings 180,650 178,092
Accumulated other comprehensive income (loss) 7,149 1,936
Total stockholders’ equity 293,608 285,728
Total liabilities and stockholders’ equity $ 2,512,078 $ 2,356,878