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Consolidated Statements of Financial Condition (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 49,759 $ 57,816
Interest-bearing deposits with banks 242,844 298,672
Cash and cash equivalents 292,603 356,488
Investment securities 636,806 612,847
Equity securities 18,859 20,092
Loans held-for-sale 202 743
Loans receivable 8,201,134 8,274,810
Less: Allowance for credit losses - loans 82,403 82,685
Net loans receivable 8,118,731 8,192,125
Investment in restricted stock, at cost 37,031 40,449
Bank premises and equipment, net 27,624 28,447
Accrued interest receivable 46,740 45,498
Bank owned life insurance 244,651 243,672
Right of use operating lease assets 13,755 14,489
Goodwill 208,372 208,372
Other assets 109,521 111,739
Total assets 9,759,255 9,879,600
Deposits:    
Noninterest-bearing 1,319,196 1,422,044
Interest-bearing 6,448,034 6,398,070
Total deposits 7,767,230 7,820,114
Borrowings 613,053 688,064
Subordinated debentures, net 80,071 79,944
Operating lease liabilities 14,737 15,498
Other liabilities 31,225 34,276
Total liabilities 8,506,316 8,637,896
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, 2025 and as of December 31, 2024; outstanding 115,000 shares as of March 31, 2025 and as of December 31, 2024 110,927 110,927
Common stock, no par value: Authorized 100,000,000 shares; issued 42,355,523 shares as of March 31, 2025 and 42,255,865 shares as of December 31, 2024; outstanding 38,469,975 shares as of March 31, 2025 and 38,370,317 as of December 31, 2024 586,946 586,946
Additional paid-in capital 36,007 36,347
Retained earnings 643,265 631,446
Treasury stock, at cost: 3,885,548 common shares as of March 31, 2025 and December 31, 2024 (76,116) (76,116)
Accumulated other comprehensive loss (48,090) (47,846)
Total stockholders’ equity 1,252,939 1,241,704
Total liabilities and stockholders’ equity 9,759,255 9,879,600
Core Deposits [Member]    
ASSETS    
Core deposit intangibles $ 4,360 $ 4,639