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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 54,352 $ 63,637
Interest-bearing deposits with banks 211,184 240,119
Cash and cash equivalents 265,536 303,756
Investment securities 534,507 487,955
Equity securities 13,794 13,387
Loans held-for-sale 250 4,710
Loans receivable 6,828,622 6,236,307
Less: Allowance for credit losses - loans 78,773 79,226
Net loans receivable 6,749,849 6,157,081
Investment in restricted stock, at cost 27,826 25,099
Bank premises and equipment, net 29,032 30,108
Accrued interest receivable 34,152 35,317
Bank owned life insurance 195,731 165,960
Right of use operating lease assets 11,017 16,159
Goodwill 208,372 208,372
Core deposit intangibles 8,997 10,977
Other assets 50,417 88,458
Total assets 8,129,480 7,547,339
Deposits:    
Noninterest-bearing 1,617,049 1,339,108
Interest-bearing 4,715,904 4,620,116
Total deposits 6,332,953 5,959,224
Borrowings 468,193 425,954
Subordinated debentures, net of debt issuance costs 152,951 202,648
Operating lease liabilities 12,417 18,026
Other liabilities 38,754 26,177
Total liabilities 7,005,268 6,632,029
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred Stock, no par value; $1,000 per share liquidation preference; Authorized 5,000,000 shares; issued 115,000 shares as of December 31, 2021 and -0- shares as of December 31, 2020; outstanding 115,000 shares as of December 31, 2021 and -0- shares as of December 31, 2020 110,927
Common stock, no par value: Authorized 100,000,000 shares; issued 42,557,264 shares as of December 31, 2021 and 42,444,031 shares as of December 31, 2020; outstanding 39,568,090 shares as of December 31, 2021 and 39,785,398 as of December 31, 2020 586,946 586,946
Additional paid-in capital 27,246 23,887
Retained earnings 440,169 331,951
Treasury stock, at cost (2,989,174 shares as of December 31, 2021 and 2,658,633 shares as of December 31, 2020) (39,672) (30,271)
Accumulated other comprehensive (loss) income (1,404) 2,797
Total stockholders' equity 1,124,212 915,310
Total liabilities and stockholders' equity $ 8,129,480 $ 7,547,339