XML 14 R2.htm IDEA: XBRL DOCUMENT v3.21.1
CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 48,250 $ 63,637
Interest-bearing deposits with banks 211,842 240,119
Cash and cash equivalents 260,092 303,756
Securities available-for-sale 442,023 487,955
Equity securities 13,200 13,387
Loans held-for-sale 6,900 4,710
Loans receivable 6,277,191 6,236,307
Less: Allowance for credit losses (loans) 80,568 79,226
Net loans receivable 6,196,623 6,157,081
Investment in restricted stock, at cost 22,483 25,099
Bank premises and equipment, net 29,296 30,108
Accrued interest receivable 35,249 35,317
Bank owned life insurance 167,024 165,960
Right of use operating lease assets 13,469 16,159
Goodwill 208,372 208,372
Core deposit intangibles 10,470 10,977
Other assets 44,438 88,458
Total assets 7,449,639 7,547,339
Deposits:    
Noninterest-bearing 1,384,961 1,339,108
Interest-bearing 4,566,373 4,620,116
Total deposits 5,951,334 5,959,224
Borrowings 359,710 425,954
Subordinated debentures, net 152,724 202,648
Lease liabilities 15,260 18,026
Other liabilities 34,974 26,177
Total liabilities 6,514,002 6,632,029
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred Stock: Authorized 5,000,000 shares
Common stock, no par value: Authorized 50,000,000 shares; issued 42,525,864 shares as of March 31, 2021 and 42,444,031 shares as of December 31, 2020; outstanding 39,773,602 shares as of March 31, 2021 and 39,785,398 as of December 31, 2020 586,946 586,946
Additional paid-in capital 23,621 23,887
Retained earnings 358,441 331,951
Treasury stock, at cost 2,752,262 common shares as of March 31, 2021 and 2,658,633 as of December 31, 2020 (32,682) (30,271)
Accumulated other comprehensive (loss) income (689) 2,797
Total stockholders' equity 935,637 915,310
Total liabilities and stockholders' equity $ 7,449,639 $ 7,547,339