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CONSOLIDATED STATEMENTS OF CONDITION (unaudited) - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 61,849 $ 54,352
Interest-bearing deposits with banks 249,695 211,184
Cash and cash equivalents 311,544 265,536
Investment securities 512,030 534,507
Equity securities 13,198 13,794
Loans held-for-sale 2,742 250
Loans receivable 6,979,595 6,828,622
Less: Allowance for credit losses - loans 80,070 78,773
Net loans receivable 6,899,525 6,749,849
Investment in restricted stock, at cost 25,254 27,826
Bank premises and equipment, net 28,779 29,032
Accrued interest receivable 34,081 34,152
Bank owned life insurance 196,937 195,731
Right of use operating lease assets 10,400 11,017
Other real estate owned 316  
Goodwill 208,372 208,372
Core deposit intangibles 8,564 8,997
Other assets 82,559 50,417
Total assets 8,334,301 8,129,480
Deposits:    
Noninterest-bearing 1,631,292 1,617,049
Interest-bearing 4,929,113 4,715,904
Total deposits 6,560,405 6,332,953
Borrowings 412,170 468,193
Subordinated debentures, net 153,027 152,951
Operating lease liabilities 11,773 12,417
Other liabilities 58,407 38,754
Total liabilities 7,195,782 7,005,268
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 March 31, 2022 and as of December 31, 2021; outstanding 115,000 shares as of March 31, 2022 and as of December 31, 2021 110,927 110,927
Common stock, no par value: Authorized 100,000,000 shares; issued 42,652,378 shares as of March 31, 2022 and 42,557,264 shares as of December 31, 2021; outstanding 39,518,411 shares as of March 31, 2022 and 39,568,090 as of December 31, 2021 586,946 586,946
Additional paid-in capital 28,484 27,246
Retained earnings 464,889 440,169
Treasury stock, at cost 3,133,967 common shares as of March 31, 2022 and 2,989,174 as of December 31, 2021 (44,458) (39,672)
Accumulated other comprehensive loss (8,269) (1,404)
Total stockholders’ equity 1,138,519 1,124,212
Total liabilities and stockholders’ equity $ 8,334,301 $ 8,129,480