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Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
ASSETS    
Cash on hand and in banks $ 73,464 $ 74,295
Interest earning deposits 34,914 29,295
Cash and cash equivalents 108,378 103,590
Investment securities available for sale, at fair value, net (amortized cost of $1,402,144 and $1,460,033, respectively) 1,276,550 1,331,443
Investment securities held to maturity, at amortized cost, net (fair value of $664,810 and $673,434, respectively) 754,276 766,396
Fair Value 2,030,826 2,097,839
Loans held for sale 752 0
Loans receivable 4,251,344 4,050,858
Allowance for credit losses on loans (46,408) (42,986)
Loans receivable, net 4,204,936 4,007,872
Premises and equipment, net 79,401 76,930
Federal Home Loan Bank stock, at cost 8,373 8,916
Bank owned life insurance 122,905 122,059
Accrued interest receivable 18,969 18,547
Prepaid expenses and other assets 293,950 296,181
Other intangible assets, net 5,981 7,227
Goodwill 240,939 240,939
Total assets 7,115,410 6,980,100
LIABILITIES AND STOCKHOLDERS' EQUITY    
Deposits 5,579,657 5,907,420
Deposits held for sale 15,886 17,420
Total deposits 5,595,543 5,924,840
Borrowings 450,000 0
Junior subordinated debentures 21,619 21,473
Securities sold under agreement to repurchase 38,215 46,597
Accrued expenses and other liabilities 190,300 189,297
Total liabilities 6,295,677 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; 35,047,800 and 35,106,697 shares issued and outstanding, respectively 550,103 552,397
Retained earnings 367,085 345,346
Accumulated other comprehensive loss, net (97,455) (99,850)
Total stockholders’ equity 819,733 797,893
Total liabilities and stockholders’ equity $ 7,115,410 $ 6,980,100