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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash $ 102,529 $ 105,262
Interest-bearing deposits in other financial institutions 108,804 63,258
Cash and cash equivalents 211,333 168,520
Available-for-sale securities 478,207 490,592
Held-to-maturity securities 195,023 202,495
Mortgage loans held for sale 5,849 4,811
Loans receivable, net of allowance for credit losses of $64,670 and $63,480 at December 31, 2023 and 2022, respectively 4,589,620 4,506,836
Interest receivable 21,206 19,107
Prepaid expenses and other assets 106,225 69,461
Other real estate owned and repossessions, net 23 233
Premises and equipment, net 138,591 141,070
Goodwill and other intangible assets 10,527 10,813
Federal Home Loan Bank stock and other interest-earning assets 26,313 30,814
Current and deferred income taxes 29,485 35,950
Total assets 5,812,402 5,680,702
Liabilities    
Deposits 4,721,708 4,684,910
Securities sold under reverse repurchase agreements with customers 70,843 176,843
Short-term borrowings and other interest-bearing liabilities 252,610 89,583
Subordinated debentures issued to capital trust 25,774 25,774
Subordinated notes 74,579 74,281
Accrued interest payable 6,225 3,010
Advances from borrowers for taxes and insurance 4,946 6,590
Accrued expenses and other liabilities 76,401 73,808
Liability for unfunded commitments 7,487 12,816
Total liabilities 5,240,573 5,147,615
Commitments and Contingencies
Stockholders' Equity    
Serial preferred stock, $.01 par value; authorized 1,000,000 shares; issued and outstanding 2023 and 2022 - -0- shares 0 0
Common stock, $.01 par value; authorized 20,000,000 shares; issued and outstanding 2023 - 11,804,430 shares, 2022 -12,231,290 shares 118 122
Additional paid-in capital 44,320 42,445
Retained earnings 569,872 543,875
Accumulated other comprehensive income (loss), net of income taxes of $(14,211) and $(17,948) at December 31, 2023 and 2022, respectively (42,481) (53,355)
Total stockholders' equity 571,829 533,087
Total liabilities and stockholders' equity $ 5,812,402 $ 5,680,702