Consolidated Balance Sheets (Unaudited) - USD ($) shares in Thousands, $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
ASSETS
Cash and due from banks	$ 21,601	$ 21,106
Federal funds sold and interest-bearing deposits	179,794	136,910
Cash and cash equivalents	201,395	158,016
Securities:
Debt securities available for sale (amortized cost of $48,863 in 2020 and $63,883 in 2019)	48,713	64,275
Equity securities with readily determinable fair values (amortized cost of $2,112 in 2020 and $2,218 in 2019)	1,674	2,289
Total securities	50,387	66,564
Loans:
SBA loans held for sale	6,192	13,529
Loans	1,607,099	1,412,029
Total loans	1,613,291	1,425,558
Allowance for loan losses	(22,237)	(16,395)
Net loans	1,591,054	1,409,163
Premises and equipment, net	20,507	21,315
Bank owned life insurance ("BOLI")	26,482	26,323
Deferred tax assets	8,433	5,559
Federal Home Loan Bank ("FHLB") stock	12,394	14,184
Accrued interest receivable	10,169	6,984
Other real estate owned ("OREO")	711	1,723
Goodwill	1,516	1,516
Prepaid expenses and other assets	7,788	7,595
Total assets	1,930,836	1,718,942
Deposits:
Noninterest-bearing demand	412,863	279,793
Interest-bearing demand	205,475	176,335
Savings	453,801	389,795
Time, under $100,000	239,147	195,446
Time, $100,000 to $250,000	99,765	126,192
Time, $250,000 and over	82,389	82,553
Total deposits	1,493,440	1,250,114
Borrowed funds	240,000	283,000
Subordinated debentures	10,310	10,310
Accrued interest payable	283	455
Accrued expenses and other liabilities	17,569	14,354
Total liabilities	1,761,602	1,558,233
Shareholders' equity:
Common stock	91,474	90,113
Retained earnings	84,168	70,442
Treasury stock	(5,135)	0
Accumulated other comprehensive (loss) income	(1,273)	154
Total shareholders' equity	169,234	160,709
Total liabilities and shareholders' equity	$ 1,930,836	$ 1,718,942
Shares issued	10,943	10,881
Shares outstanding	10,570	10,881
Treasury shares	373	0
SBA loans held for investment
Loans:
Loans	$ 47,125	$ 35,767
SBA PPP loans
Loans:
Loans	138,895	0
Commercial loans
Loans:
Loans	799,573	765,032
Residential mortgage loans
Loans:
Loans	473,420	467,706
Consumer loans
Loans:
Loans	$ 148,086	$ 143,524