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Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Mar. 31, 2023
ASSETS      
Cash on hand and in banks $ 52,947 $ 55,851  
Interest earning deposits 136,700 169,122  
Cash and cash equivalents 189,647 224,973  
Investment securities available for sale, at fair value, net (amortized cost of $1,087,789 and $1,227,787, respectively) 996,510 1,134,353  
Investment securities held to maturity, at amortized cost, net (fair value of $649,001 and $662,450, respectively) 734,006 739,442  
Total investment securities 1,730,516 1,873,795  
Loans receivable 4,428,165 4,335,627  
Allowance for credit losses on loans (49,736) (47,999) $ (44,469)
Loans receivable, net 4,378,429 4,287,628  
Premises and equipment, net 74,092 74,899  
Federal Home Loan Bank stock, at cost 4,303 4,186  
Bank owned life insurance 125,615 125,655  
Accrued interest receivable 19,898 19,518  
Prepaid expenses and other assets 323,472 318,571  
Other intangible assets, net 4,372 4,793  
Goodwill 240,939 240,939  
Total assets 7,091,283 7,174,957  
Noninterest-Bearing Deposit Liabilities 1,637,111   1,715,847
Interest-Bearing Deposit Liabilities 3,895,216   3,884,025
LIABILITIES AND STOCKHOLDERS' EQUITY      
Total deposits 5,532,327   5,599,872
Borrowings 500,000 500,000  
Junior subordinated debentures 21,838 21,765  
Accrued expenses and other liabilities 189,538 200,059  
Total liabilities 6,243,703 6,321,696  
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; 34,689,843 and 34,906,233 shares issued and outstanding, respectively 544,636 549,748  
Retained earnings 373,629 375,989  
Accumulated other comprehensive loss, net (70,685) (72,476)  
Total stockholders’ equity 847,580 853,261 $ 826,082
Total liabilities and stockholders’ equity $ 7,091,283 $ 7,174,957