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Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Cash on hand and in banks $ 86,954 $ 91,918
Interest earning deposits 1,547,785 651,404
Cash and cash equivalents 1,634,739 743,322
Investment securities available for sale, at fair value, net (amortized cost of $744,336 and $770,195, respectively) 761,526 802,163
Investment securities held to maturity, at amortized cost, net (fair value of $307,330 and $0, respectively) 311,074 0
Total investment securities 1,072,600 802,163
Loans held for sale 2,636 4,932
Loans receivable 3,953,884 4,468,647
Allowance for credit losses on loans (48,317) (70,185)
Loans receivable, net 3,905,567 4,398,462
Other real estate owned 0 0
Premises and equipment, net 79,958 85,452
Federal Home Loan Bank stock, at cost 7,933 6,661
Bank owned life insurance 109,634 107,580
Accrued interest receivable 14,802 19,418
Prepaid expenses and other assets 179,494 193,301
Other intangible assets, net 10,736 13,088
Goodwill 240,939 240,939
Total assets 7,259,038 6,615,318
LIABILITIES AND STOCKHOLDERS' EQUITY    
Deposits 6,215,558 5,597,990
Junior subordinated debentures 21,107 20,887
Securities sold under agreement to repurchase 44,096 35,683
Accrued expenses and other liabilities 129,873 140,319
Total liabilities 6,410,634 5,794,879
Stockholders’ equity:    
Preferred stock, no par value, 2,500,000 shares authorized; no shares issued and outstanding, respectively 0 0
Common stock, no par value, 50,000,000 shares authorized; 35,166,599 and 35,912,243 shares issued and outstanding, respectively 552,385 571,021
Retained earnings 281,285 224,400
Accumulated other comprehensive income, net 14,734 25,018
Total stockholders’ equity 848,404 820,439
Total liabilities and stockholders’ equity $ 7,259,038 $ 6,615,318