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Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
ASSETS    
Cash on hand and in banks $ 68,969 $ 74,295
Interest earning deposits 232,512 29,295
Cash and cash equivalents 301,481 103,590
Investment securities available for sale, at fair value, net (amortized cost of $1,424,969 and $1,460,033, respectively) 1,318,072 1,331,443
Investment securities held to maturity, at amortized cost, net (fair value of $684,647 and $673,434, respectively) 760,163 766,396
Fair Value 2,078,235 2,097,839
Loans receivable 4,127,472 4,050,858
Allowance for credit losses on loans (44,469) (42,986)
Loans receivable, net 4,083,003 4,007,872
Premises and equipment, net 80,094 76,930
Federal Home Loan Bank stock, at cost 23,697 8,916
Bank owned life insurance 122,767 122,059
Accrued interest receivable 18,548 18,547
Prepaid expenses and other assets 281,438 296,181
Other intangible assets, net 6,604 7,227
Goodwill 240,939 240,939
Total assets 7,236,806 6,980,100
LIABILITIES AND STOCKHOLDERS' EQUITY    
Deposits 5,771,787 5,907,420
Deposits held for sale 17,235 17,420
Total deposits 5,789,022 5,924,840
Federal Home Loan Bank advances 383,100 0
Junior subordinated debentures 21,546 21,473
Securities sold under agreement to repurchase 39,161 46,597
Accrued expenses and other liabilities 177,895 189,297
Total liabilities 6,410,724 6,182,207
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; 35,108,120 and 35,106,697 shares issued and outstanding, respectively 550,869 552,397
Retained earnings 358,010 345,346
Accumulated other comprehensive loss, net (82,797) (99,850)
Total stockholders’ equity 826,082 797,893
Total liabilities and stockholders’ equity $ 7,236,806 $ 6,980,100