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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 58,759 $ 60,431
Interest bearing deposits with other banks 504,379 165,705
Cash and cash equivalents 563,138 226,136
Equity and other securities, at fair value 9,865 8,743
Securities available-for-sale, at fair value (amortized cost at December 31, 2024-$1,595,583; December 31, 2023-$1,516,801) 1,415,696 1,342,480
Securities held-to-maturity, at amortized cost (fair value at December 31, 2024-$605; December 31, 2023-$1,149) 605 1,157
Restricted stock, at cost 27,452 16,304
Loans held for sale 3,200 18,005
Loans and leases:    
Loans and leases 6,906,822 6,684,306
Allowance for credit losses - loans and leases (97,988) (101,686)
Net loans and leases 6,808,834 6,582,620
Servicing assets, at fair value 18,952 19,844
Accrued interest receivable 40,652 43,922
Premises and equipment, net 60,502 66,627
Operating lease right-of-use asset 9,797 12,474
Assets held for sale 2,025 4,484
Other real estate owned, net 5,170 1,200
Goodwill 181,705 181,705
Other intangible assets, net 16,393 21,773
Bank-owned life insurance 100,083 96,900
Deferred tax assets, net 56,458 50,058
Due from counterparty 38,869 35,277
Other assets 137,133 152,258
Total assets 9,496,529 8,881,967
LIABILITIES    
Non-interest-bearing demand deposits 1,756,098 1,905,876
Interest-bearing deposits:    
Interest bearing checking, savings accounts, and money market accounts 3,769,642 3,386,171
Time deposits 1,932,888 1,884,952
Total deposits 7,458,628 7,176,999
Federal Home Loan Bank advances 575,000 325,000
Term loan 11,667 18,333
Line of credit 0 11,250
Subordinated notes, net 74,040 73,866
Securities sold under agreements to repurchase 32,106 40,607
Junior subordinated debentures issued to capital trusts, net 70,890 70,452
Accrued interest payable 21,114 22,233
Operating lease liability 10,949 14,268
Accrued expenses and other liabilities 150,638 138,808
Total liabilities 8,405,032 7,891,816
COMMITMENTS AND CONTINGENT LIABILITIES (Note 16)
STOCKHOLDERS' EQUITY (Note 24)    
Preferred stock, $0.01 par value per share, 25,000,000 shares authorized 0 0
Common stock, voting $0.01 par value at December 31, 2024 and 2023; 150,000,000 shares authorized; 46,252,693 shares issued at December 31, 2024 and 45,714,241 shares issued at December 31, 2023 455 451
Additional paid-in capital 717,763 710,488
Retained earnings 533,901 429,036
Treasury stock at cost, 1,793,109 shares at December 31, 2024 and 1,950,185 shares at December 31, 2023 (46,935) (49,707)
Accumulated other comprehensive loss, net of tax (113,687) (100,117)
Total stockholders’ equity 1,091,497 990,151
Total liabilities and stockholders’ equity $ 9,496,529 $ 8,881,967