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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 368,956 $ 194,756
Interest bearing bank deposits 749 749
Cash and cash equivalents 369,705 195,505
Investment securities available-for-sale (at fair value) 695,485 706,289
Investment securities held-to-maturity (fair value of $555,256 and $559,924 at March 31, 2023 and December 31, 2022, respectively) 637,921 651,527
Non-marketable securities 120,733 89,049
Loans 7,345,298 7,220,469
Allowance for credit losses (90,343) (89,553)
Loans, net 7,254,955 7,130,916
Loans held for sale 24,594 22,767
Other real estate owned 3,458 3,731
Premises and equipment, net 140,417 136,111
Goodwill 279,132 279,132
Intangible assets, net 58,619 59,887
Other assets 332,204 298,329
Total assets 9,917,223 9,573,243
Liabilities:    
Non-interest bearing demand deposits 2,920,891 3,134,716
Interest bearing demand deposits 1,098,172 913,852
Savings and money market 2,584,128 2,950,658
Time deposits 978,489 873,400
Total deposits 7,581,680 7,872,626
Securities sold under agreements to repurchase 21,492 20,214
Long-term debt, net 53,968 53,890
Federal Home Loan Bank advances 1,000,000 385,000
Other liabilities 126,356 149,311
Total liabilities 8,783,496 8,481,041
Shareholders' equity:    
Common stock, par value $0.01 per share: 400,000,000 shares authorized; 51,487,907 and 51,487,907 shares issued; 37,641,381 and 37,608,519 shares outstanding at March 31, 2023 and December 31, 2022, respectively 515 515
Additional paid-in capital 1,160,436 1,159,508
Retained earnings 361,440 330,721
Treasury stock of 13,680,348 and 13,714,251 shares at March 31, 2023 and December 31, 2022, respectively, at cost (310,037) (310,338)
Accumulated other comprehensive loss, net of tax (78,627) (88,204)
Total shareholders' equity 1,133,727 1,092,202
Total liabilities and shareholders' equity $ 9,917,223 $ 9,573,243