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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 210,437 $ 144,006
Available-for-sale securities 393,727 310,350
Equity securities   2,808
Loans held for sale 101,751 46,846
Loans 2,034,197 1,721,279
Allowance for loan losses (27,256) (23,924)
Net loans 2,006,941 1,697,355
Land, premises and equipment, net 20,709 20,629
Operating lease right-of-use assets 8,746 8,343
Accrued interest receivable 7,975 7,551
Bank-owned life insurance 31,959 31,566
Goodwill 27,329 27,329
Other intangible assets 16,411 18,391
Servicing rights 2,891 3,845
Deferred income taxes, net 8,810 7,891
Other assets 37,771 29,968
Total assets 2,875,457 2,356,878
Deposits    
Noninterest-bearing 700,892 577,704
Interest-bearing 1,752,261 1,393,612
Total deposits 2,453,153 1,971,316
Long-term debt 58,754 58,769
Operating lease liabilities 9,254 8,864
Accrued expenses and other liabilities 48,564 32,201
Total liabilities 2,569,725 2,071,150
Stockholders’ equity    
Preferred stock, $1 par value, 2,000,000 shares authorized: 0 issued and outstanding
Common stock, $1 par value, 30,000,000 shares authorized: 17,120,466 and 17,049,551 issued and outstanding 17,120 17,050
Additional paid-in capital 89,313 88,650
Retained earnings 189,528 178,092
Accumulated other comprehensive income (loss) 9,771 1,936
Total stockholders’ equity 305,732 285,728
Total liabilities and stockholders’ equity $ 2,875,457 $ 2,356,878