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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 119,913 $ 89,736
Interest-bearing deposits with banks 419,212 79,128
Total cash and cash equivalents 539,125 168,864
Securities available-for-sale, at fair value 927,205 765,087
Other securities 26,059 26,690
Total securities 953,264 791,777
Loans held for sale 18,632 10,810
Loans 3,171,535 2,600,358
Allowance for loan losses (28,064) (13,908)
Loans, net 3,162,103 2,597,260
Interest receivable 24,782 14,802
Premises and equipment 125,053 104,980
Cash surrender value of bank-owned life insurance 73,008 59,572
Goodwill 158,572 158,572
Other real estate owned 5,471 7,299
Other assets 43,527 38,737
Total assets 5,084,905 3,941,863
Deposits:    
Noninterest-bearing 486,039 723,208
Interest-bearing 3,730,851 2,353,325
Total deposits 4,216,890 3,076,533
Interest payable 2,195 2,508
Borrowed funds 116,005 214,319
Subordinated debentures 80,756 80,678
Other liabilities 41,264 24,167
Total liabilities 4,457,110 3,398,205
Shareholders' equity:    
Common stock, par value $1 per share, 40,000,000 shares authorized; 21,589,940 shares issued at June 30, 2020, and 18,996,948 shares issued at December 31, 2019, respectively 21,590 18,997
Additional paid-in capital 455,650 409,805
Retained earnings 131,698 110,460
Accumulated other comprehensive income 24,550 10,089
Treasury stock, at cost, 194,682 shares at June 30, 2020 and 194,682 shares at December 31, 2019 (5,693) (5,693)
Total shareholders' equity 627,795 543,658
Total liabilities and shareholders' equity $ 5,084,905 $ 3,941,863