Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION

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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and Due From Banks $ 67,919 $ 60,087
Federal Funds Sold and Interest Bearing Deposits 860,630 318,336
Total Cash and Cash Equivalents 928,549 378,423
Investment Securities, Available for Sale, at fair value 324,870 403,601
Investment Securities, Held to Maturity, (fair value of $175,175 and $241,429 and $214,413) 169,939 239,539
Total Investment Securities 494,809 643,140
Loans Held For Sale, at fair value 114,039 9,509
Loans Held for Investment 2,006,426 1,835,929
Allowance for Credit Losses (23,816) (13,905)
Loans Held for Investment, Net 1,982,610 1,822,024
Premises and Equipment, Net 86,791 84,543
Goodwill 89,095 84,811
Other Real Estate Owned 808 953
Other Assets 101,370 65,550
Total Assets 3,798,071 3,088,953
Deposits:    
Noninterest Bearing Deposits 1,328,809 1,044,699
Interest Bearing Deposits 1,888,751 1,600,755
Total Deposits 3,217,560 2,645,454
Short-Term Borrowings 79,654 6,404
Subordinated Notes Payable 52,887 52,887
Other Long-Term Borrowings 3,057 6,514
Other Liabilities 102,076 50,678
Total Liabilities 3,455,234 2,761,937
Temporary Equity 22,000 0
SHAREOWNERS' EQUITY    
Preferred Stock, $.01 par value; 3,000,000 shares authorized; no shares issued and outstanding
Common Stock, $.01 par value; 90,000,000 shares authorized;16,790,573 and 16,771,544 shares issued and outstanding at December 31, 2020 and December 31, 2019, respectively 168 168
Additional Paid-In Capital 32,283 32,092
Retained Earnings 332,528 322,937
Accumulated Other Comprehensive Loss, Net of Tax (44,142) (28,181)
Total Shareowners' Equity 320,837 327,016
Total Liabilities, Temporary Equity, and Shareowners' Equity $ 3,798,071 $ 3,088,953