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Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash on hand and in banks $ 100,428 $ 61,377
Interest earning deposits 306,896 1,661,915
Cash and cash equivalents 407,324 1,723,292
Investment securities available for sale, at fair value, net (amortized cost of $1,491,440 and $883,832, respectively) 1,356,142 894,335
Investment securities held to maturity, at amortized cost, net (fair value of $677,335 and $376,331, respectively) 773,319 383,393
Fair Value 2,129,461 1,277,728
Loans held for sale 0 1,476
Loans receivable 4,001,295 3,815,662
Allowance for credit losses on loans (42,089) (42,361)
Loans receivable, net 3,959,206 3,773,301
Premises and equipment, net 76,683 79,370
Federal Home Loan Bank stock, at cost 8,916 7,933
Bank owned life insurance 121,369 120,196
Accrued interest receivable 17,812 14,657
Prepaid expenses and other assets 230,704 183,543
Other intangible assets, net 7,898 9,977
Goodwill 240,939 240,939
Total assets 7,200,312 7,432,412
LIABILITIES AND STOCKHOLDERS' EQUITY    
Deposits 6,214,964 6,394,290
Total deposits 22,771 0
Deposits 6,237,735 6,394,290
Federal Home Loan Bank advances 0 0
Junior subordinated debentures 21,399 21,180
Securities sold under agreement to repurchase 40,449 50,839
Accrued expenses and other liabilities 124,027 111,671
Total liabilities 6,423,610 6,577,980
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; 35,104,248 and 35,105,779 shares issued and outstanding, respectively 551,419 551,798
Retained earnings 330,284 293,238
Accumulated other comprehensive (loss) income, net (105,001) 9,396
Total stockholders’ equity 776,702 854,432
Total liabilities and stockholders’ equity $ 7,200,312 $ 7,432,412