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Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
ASSETS    
Cash on hand and in banks $ 58,821 $ 55,851
Interest earning deposits 58,279 169,122
Cash and cash equivalents 117,100 224,973
Investment securities available for sale, at fair value, net (amortized cost of $835,592 and $1,227,787, respectively) 764,394 1,134,353
Investment securities held to maturity, at amortized cost, net (fair value of $623,452 and $662,450, respectively) 703,285 739,442
Total investment securities 1,467,679 1,873,795
Loans receivable 4,802,123 4,335,627
Allowance for credit losses on loans (52,468) (47,999)
Loans receivable, net 4,749,655 4,287,628
Premises and equipment, net 71,580 74,899
Federal Home Loan Bank stock, at cost 21,538 4,186
Bank owned life insurance 111,699 125,655
Accrued interest receivable 19,483 19,518
Prepaid expenses and other assets 303,452 318,571
Other intangible assets, net 3,153 4,793
Goodwill 240,939 240,939
Total assets 7,106,278 7,174,957
LIABILITIES AND STOCKHOLDERS' EQUITY    
Noninterest-Bearing Deposit Liabilities 1,654,955 1,715,847
Interest-Bearing Deposit Liabilities 4,029,658 3,884,025
Total deposits 5,684,613 5,599,872
Borrowings 383,000 500,000
Junior subordinated debentures 22,058 21,765
Accrued expenses and other liabilities 153,080 200,059
Total liabilities 6,242,751 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; 33,990,827 and 34,906,233 shares issued and outstanding, respectively 531,674 549,748
Retained earnings 387,097 375,989
Accumulated other comprehensive loss, net (55,244) (72,476)
Total stockholders’ equity 863,527 853,261
Total liabilities and stockholders’ equity $ 7,106,278 $ 7,174,957