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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
ASSETS    
Cash on hand and in banks $ 74,295 $ 61,377
Interest earning deposits 29,295 1,661,915
Cash and cash equivalents 103,590 1,723,292
Investment securities available for sale, at fair value, net (amortized cost of $1,460,033 and $883,832, respectively) 1,331,443 894,335
Investment securities held to maturity, at amortized cost, net (fair value of $673,434 and $376,331, respectively) 766,396 383,393
Total investment securities 2,097,839 1,277,728
Loans held for sale 0 1,476
Loans receivable 4,050,858 3,815,662
Allowance for credit losses on loans (42,986) (42,361)
Loans receivable, net 4,007,872 3,773,301
Premises and equipment, net 76,930 79,370
Federal Home Loan Bank stock, at cost 8,916 7,933
Bank owned life insurance 122,059 120,196
Accrued interest receivable 18,547 14,657
Prepaid expenses and other assets 296,181 183,543
Other intangible assets, net 7,227 9,977
Goodwill 240,939 240,939
Total assets 6,980,100 7,432,412
LIABILITIES AND STOCKHOLDERS' EQUITY    
Deposits 5,924,840 6,394,290
Junior subordinated debentures 21,473 21,180
Securities sold under agreement to repurchase 46,597 50,839
Accrued expenses and other liabilities 189,297 111,671
Total liabilities 6,182,207 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; 35,106,697 and 35,105,779 shares issued and outstanding, respectively 552,397 551,798
Retained earnings 345,346 293,238
Accumulated other comprehensive (loss) income, net (99,850) 9,396
Total stockholders’ equity 797,893 854,432
Total liabilities and stockholders’ equity 6,980,100 7,432,412
Debt Securities, Available-for-sale, Amortized Cost 1,460,033 $ 883,832
Total investment securities $ 673,434  
Common Stock, Shares, Outstanding 35,106,697 35,105,779
Common Stock, Shares, Issued 35,106,697 35,105,779
Deposits, Not Held For Sale $ 5,907,420 $ 6,394,290
Deposits, Held For Sale $ 17,420 $ 0