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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 45,898 $ 47,434
Interest-earning deposits in financial institutions 265,087 181,462
Total cash and cash equivalents 310,985 228,896
Securities held-to-maturity, at amortized cost (fair value of $250,285 and $262,460 at September 30, 2023 and December 31, 2022) 328,287 328,641
Securities available-for-sale, at fair value (amortized cost of $968,009 and $909,563 at September 30, 2023 and December 31, 2022; allowance for credit losses of $1,036 and $0 at September 30, 2023 and December 31, 2022) 915,054 868,297
Loans receivable 6,961,032 7,115,038
Allowance for loan losses (74,390) (85,960)
Loans receivable, net 6,886,642 7,029,078
Federal Home Loan Bank and other bank stock, at cost 60,336 57,092
Premises and equipment, net 109,141 107,345
Bank owned life insurance 129,939 127,122
Deferred income taxes, net 51,461 50,518
Goodwill 114,312 114,312
Other intangibles 6,142 7,526
Derivative assets 70,625 2,292
Other assets 264,148 275,897
Total assets 9,247,072 9,197,016
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Noninterest-bearing deposits 2,366,544 2,809,328
Interest-bearing deposits 4,274,086 4,311,593
Total deposits 6,640,630 7,120,921
Federal Home Loan Bank (FHLB) advances, net and Federal Reserve Bank (FRB) borrowings 1,008,293 727,348
Other borrowings 185,802 0
Long-term debt, net 274,279 274,906
Accrued expenses and other liabilities 136,348 114,223
Total liabilities 8,245,352 8,237,398
Commitments and contingent liabilities
Additional paid-in capital 869,565 866,478
Retained earnings 312,219 248,988
Treasury stock, at cost (8,383,337 and 6,623,846 shares at September 30, 2023 and December 31, 2022) (137,269) (115,907)
Accumulated other comprehensive loss, net (43,453) (40,597)
Total stockholders’ equity 1,001,720 959,618
Total liabilities and stockholders’ equity 9,247,072 9,197,016
Common Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Common stock 653 651
Class B Common Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Common stock $ 5 $ 5