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In millions, except per share items | Dec-31-22 | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 |
| 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
Assets | | | | | | | | |
Cash and due from banks | 17.4 | 7.5 | 7.4 | 5.1 | 7.1 | 4.5 | 2.3 | 1.1 |
Interest-bearing deposits | 239.1 | 435.5 | 412.4 | 322.3 | 181.6 | 43.4 | 37.2 | 24.1 |
Total cash and cash equivalents | 256.6 | 443.0 | 419.8 | 327.4 | 188.7 | 48.0 | 39.5 | 25.2 |
Total available-for-sale securities | 390.4 | 603.0 | 497.6 | 540.9 | 481.3 | 473.3 | | |
Accrued interest receivable | 21.1 | 16.0 | 17.4 | 18.6 | 16.8 | 11.9 | 6.7 | 4.1 |
Federal Home Loan Bank of Indianapolis stock | 28.4 | 25.7 | 25.7 | 25.7 | 23.6 | 19.6 | 8.9 | 8.6 |
Cash surrender value of bank-owned life insurance | 39.9 | 38.9 | 38.0 | 37.0 | 36.1 | 35.1 | 24.2 | 12.7 |
Premises and equipment, net | 72.7 | 59.8 | 37.6 | 14.6 | 10.7 | 10.1 | 10.0 | 8.5 |
Goodwill | 4.7 | 4.7 | 4.7 | 4.7 | 4.7 | 4.7 | 4.7 | 4.7 |
Servicing asset, at fair value | 6.3 | 4.7 | 3.6 | | | | | |
Other real estate owned | | 1.2 | | 2.1 | 2.6 | 5.0 | 4.5 | 4.5 |
Accrued income and other assets | 44.9 | 46.9 | 64.3 | 67.1 | 37.7 | 13.2 | 15.3 | 4.9 |
Total assets | 4,543.1 | 4,211.0 | 4,246.2 | 4,100.1 | 3,541.7 | 2,767.7 | 1,854.3 | 1,269.9 |
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Liabilities and Shareholders’ Equity | | | | | | | | |
Noninterest-bearing deposits | 175.3 | 117.5 | 96.8 | 57.1 | 43.3 | 44.7 | 31.2 | 23.7 |
Interest-bearing deposits | 3,265.9 | 3,061.4 | 3,174.1 | 3,096.8 | 2,628.1 | 2,040.3 | 1,431.7 | 932.4 |
Total deposits | 3,441.2 | 3,179.0 | 3,270.9 | 3,154.0 | 2,671.4 | 2,084.9 | 1,462.9 | 956.1 |
Advances from Federal Home Loan Bank | 614.9 | 514.9 | 514.9 | 514.9 | 525.2 | 410.2 | 190.0 | 191.0 |
Subordinated debt, net of unamortized debt issuance costs of $2,316 and $2,468 in 2023 and 2022, respectively | 104.5 | 104.2 | 79.6 | 69.5 | 33.9 | 36.7 | 36.6 | 12.7 |
Accrued interest payable | 2.9 | 2.0 | 1.4 | 3.8 | 1.1 | 0.3 | 0.1 | 0.1 |
Accrued expenses and other liabilities | 14.5 | 30.5 | 48.4 | 53.0 | 21.5 | 11.4 | 10.9 | 5.7 |
Total liabilities | 4,178.1 | 3,830.7 | 3,915.2 | 3,795.2 | 3,253.0 | 2,543.6 | 1,700.4 | 1,165.5 |
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Commitments and Contingencies | | | | | | | | |
Shareholders’ Equity | | | | | | | | |
Retained earnings | 205.7 | 172.4 | 126.7 | 99.7 | 77.7 | 57.1 | 43.7 | 33.0 |
Accumulated other comprehensive loss | -33.6 | -11.0 | -17.2 | -14.2 | -16.5 | -5.0 | -9.3 | -1.2 |
Total shareholders’ equity | 365.0 | 380.3 | 330.9 | 304.9 | 288.7 | 224.1 | 153.9 | 104.3 |
Total liabilities and shareholders’ equity | 4,543.1 | 4,211.0 | 4,246.2 | 4,100.1 | 3,541.7 | 2,767.7 | 1,854.3 | 1,269.9 |
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