v3.22.2.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 33,205 $ 23,669
Federal funds sold and other short-term investments 733,347 1,128,119
Cash and cash equivalents 766,552 1,151,788
Debt securities available for sale, at fair value 453,728 416,063
Debt securities held to maturity (fair value 2022 - $330,882 and 2021 - $139,272) 349,481 137,003
Federal Home Loan Bank (FHLB) stock 10,211 11,558
Loans held for sale, at fair value 234 1,407
Total loans 1,138,645 1,108,993
Allowance for loan losses (14,821) (15,889)
Net loans 1,123,824 1,093,104
Premises and equipment - net 40,670 41,773
Accrued interest receivable 7,202 4,088
Bank-owned life insurance 53,193 52,468
Other real estate owned - net 2,343 2,343
Net deferred tax asset 10,185 2,163
Other assets 17,415 14,993
Total assets 2,835,038 2,928,751
Deposits    
Noninterest-bearing 855,744 886,115
Interest-bearing 1,700,453 1,691,843
Total deposits 2,556,197 2,577,958
Other borrowed funds 30,000 85,000
Accrued expenses and other liabilities 12,287 11,788
Total liabilities 2,598,484 2,674,746
Commitments and contingent liabilities
Shareholders' equity    
Common stock, no par value, 200,000,000 shares authorized; 34,251,485 and 34,259,945 shares issued and outstanding at September 30, 2022 and December 31, 2021 219,583 219,082
Retained earnings 49,648 35,220
Accumulated other comprehensive loss (32,677) (297)
Total shareholders' equity 236,554 254,005
Total liabilities and shareholders' equity $ 2,835,038 $ 2,928,751

Source