XML 16 R3.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 41,729 $ 38,330
Interest-earning deposits in financial institutions 186,394 182,489
Total cash and cash equivalents 228,123 220,819
Securities available-for-sale, carried at fair value 1,315,703 1,231,431
Loans held-for-sale, carried at fair value 3,408 1,413
Total recorded investment 7,251,480 5,898,405
Allowance for loan losses (92,584) (81,030)
Loans receivable, net 7,158,896 5,817,375
Federal Home Loan Bank and other bank stock, at cost 44,632 44,506
Premises and equipment, net 112,868 121,520
Bank owned life insurance 123,720 111,807
Operating lease right-of-use assets 35,442 19,633
Goodwill 94,301 37,144
Investments in alternative energy partnerships, net 25,888 27,977
Deferred income taxes, net 50,774 45,957
Income tax receivable 7,952 1,105
Other intangible assets, net 6,411 2,633
Other assets 185,625 194,014
Total Assets 9,393,743 7,877,334
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Noninterest-bearing deposits 2,788,196 1,559,248
Interest-bearing deposits 4,651,239 4,526,552
Total deposits 7,439,435 6,085,800
Federal Home Loan Bank advances, net 476,059 539,795
Other borrowings, net 25,000 0
Long-term debt, net 274,386 256,315
Reserve for loss on repurchased loans 4,348 5,515
Operating lease liabilities 40,675 20,647
Accrued expenses and other liabilities 68,550 72,055
Total liabilities 8,328,453 6,980,127
Commitments and contingent liabilities 0 0
Preferred stock 94,956 184,878
Additional paid-in capital 854,873 634,704
Retained earnings 147,894 110,179
Treasury stock, at cost (2,410,964 shares at December 31, 2021 and 2020) (40,827) (40,827)
Accumulated other comprehensive income, net 7,743 7,746
Total stockholders’ equity 1,065,290 897,207
Total liabilities and stockholders’ equity 9,393,743 7,877,334
Voting    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Common stock 646 522
Class B Common Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Common stock $ 5 $ 5