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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 35,867 $ 37,150
Interest-bearing deposits with banks 126,002 163,249
Cash and cash equivalents 161,869 200,399
Securities available-for-sale 352,476 353,290
Loans held-for-sale (net of valuation allowance of $2,600 and $-0-, respectively) 62,255 78,005
Loans receivable 3,571,663 3,475,832
Less: Allowance for loan losses 26,901 25,744
Net loans receivable 3,544,762 3,450,088
Investment in restricted stock, at cost 24,985 24,310
Bank premises and equipment, net 22,259 22,075
Accrued interest receivable 12,701 12,965
Bank owned life insurance 99,063 98,359
Other real estate owned 580 626
Goodwill 145,909 145,909
Core deposit intangibles 2,895 3,088
Other assets 31,062 37,234
Total assets 4,460,816 4,426,348
Deposits:    
Noninterest-bearing 671,183 694,977
Interest-bearing 2,684,294 2,649,294
Total deposits 3,355,477 3,344,271
Borrowings 491,226 476,280
Subordinated debentures (net of debt issuance costs of $580 and $621, respectively) 54,575 54,534
Other liabilities 19,261 20,231
Total liabilities 3,920,539 3,895,316
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Common stock, no par value, authorized 50,000,000 shares; issued 34,068,393 shares at March 31, 2017 and 34,018,731 at December 31, 2016; outstanding 32,004,471 shares at March 31, 2017 and 31,948,307 at December 31, 2016 412,546 412,726
Additional paid-in capital 11,796 11,407
Retained earnings 135,939 126,462
Treasury stock, at cost (2,063,922 common shares at March 31, 2017 and December 31, 2016) (16,717) (16,717)
Accumulated other comprehensive loss (3,287) (2,846)
Total stockholders' equity 540,277 531,032
Total liabilities and stockholders' equity $ 4,460,816 $ 4,426,348