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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
INTEREST INCOME:        
Loans receivable $ 168,338 $ 149,254 $ 486,004 $ 423,359
Mortgage-backed securities 16,357 17,691 49,999 54,954
Securities and cash equivalents 11,146 12,119 33,664 39,521
Interest and Dividend Income, Operating, Total 195,841 179,064 569,667 517,834
INTEREST EXPENSE:        
Deposits 53,785 31,001 147,248 60,784
FHLB advances 2,263 2,233 8,856 8,654
Other borrowings 1,147 1,099 3,482 2,251
Subordinated debt 2,971 2,965 8,901 8,549
Interest Expense, Operating (60,166) (37,298) (168,487) (80,238)
Net interest income 135,675 141,766 401,180 437,596
PROVISION FOR CREDIT LOSSES 1,692 2,027 4,581 8,267
Net interest income after provision for credit losses 133,983 139,739 396,599 429,329
NON-INTEREST INCOME:        
Deposit fees and other service charges 10,741 10,916 32,353 32,078
Mortgage banking operations 3,180 2,049 8,521 6,426
BOLI 2,445 2,062 7,049 6,636
Miscellaneous 1,658 942 5,538 4,010
Other operating income 18,024 15,969 53,461 49,150
Net loss on sale of securities 0 (2,657) (5,465) (14,436)
Net change in valuation of financial instruments carried at fair value 39 (654) (1,143) (4,357)
Total non-interest income 18,063 12,658 46,853 30,357
NON-INTEREST EXPENSE:        
Salary and employee benefits 61,832 61,091 188,032 184,452
Less capitalized loan origination costs (4,354) (4,498) (12,669) (12,386)
Occupancy and equipment 12,040 11,722 36,630 35,686
Information and computer data services 7,134 7,118 21,694 21,347
Payment and card processing services 5,346 5,172 16,747 14,459
Professional and legal expenses 2,102 3,042 4,833 7,563
Advertising and marketing 1,161 1,362 3,438 3,108
Deposit insurance 2,874 2,874 8,541 7,603
State and municipal business and use taxes 1,432 1,359 4,130 3,888
Real estate operations, net 103 (383) 180 (585)
Amortization of core deposit intangibles 590 857 2,037 2,898
Miscellaneous 6,031 6,175 18,467 17,884
Total non-interest expense 96,291 95,891 292,060 285,917
Income before provision for income taxes 55,755 56,506 151,392 173,769
PROVISION FOR INCOME TAXES 10,602 10,652 28,885 32,769
NET INCOME $ 45,153 $ 45,854 $ 122,507 $ 141,000
Earnings per common share:        
Basic $ 1.31 $ 1.33 $ 3.56 $ 4.11
Diluted 1.30 1.33 3.54 4.09
Cumulative dividends declared per common share $ 0.48 $ 0.48 $ 1.44 $ 1.44
Weighted average number of common shares outstanding, Basic 34,498,830 34,379,865 34,459,662 34,331,458
Weighted average number of common shares outstanding, Diluted 34,650,322 34,429,726 34,575,498 34,439,214