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Consolidated Statements of Financial Condition - USD ($)
Dec. 31, 2021
Dec. 31, 2020
ASSETS    
Cash on hand and in banks $ 61,377,000 $ 91,918,000
Interest earning deposits 1,661,915,000 651,404,000
Cash and cash equivalents 1,723,292,000 743,322,000
Investment securities available for sale, at fair value, net (amortized cost of $883,832 and $770,195, respectively) 894,335,000 802,163,000
Investment securities held to maturity, at amortized cost, net (fair value of $376,331 and $0, respectively) 383,393,000 0
Total investment securities 1,277,728,000 802,163,000
Loans held for sale 1,476,000 4,932,000
Loans receivable 3,815,662,000 4,468,647,000
Allowance for credit losses on loans (42,361,000) (70,185,000)
Loans receivable, net 3,773,301,000 4,398,462,000
Other real estate owned 0 0
Premises and equipment, net 79,370,000 85,452,000
Federal Home Loan Bank stock, at cost 7,933,000 6,661,000
Bank owned life insurance 120,196,000 107,580,000
Accrued interest receivable 14,657,000 19,418,000
Prepaid expenses and other assets 183,543,000 193,301,000
Other intangible assets, net 9,977,000 13,088,000
Goodwill 240,939,000 240,939,000
Total assets 7,432,412,000 6,615,318,000
LIABILITIES AND STOCKHOLDERS' EQUITY    
Deposits 6,381,337,000 5,597,990,000
Junior subordinated debentures 21,180,000 20,887,000
Securities sold under agreement to repurchase 50,839,000 35,683,000
Accrued expenses and other liabilities 124,624,000 140,319,000
Total liabilities 6,577,980,000 5,794,879,000
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; 35,105,779 and 35,912,243 shares issued and outstanding, respectively 551,798,000 571,021,000
Retained earnings 293,238,000 224,400,000
Accumulated other comprehensive income, net 9,396,000 25,018,000
Total stockholders’ equity 854,432,000 820,439,000
Total liabilities and stockholders’ equity $ 7,432,412,000 $ 6,615,318,000