XML 18 R2.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Assets    
Cash $ 109,366 $ 102,529
Interest-bearing deposits in other financial institutions 86,390 108,804
Cash and cash equivalents 195,756 211,333
Available-for-sale securities 533,373 478,207
Held-to-maturity securities 187,433 195,023
Mortgage loans held for sale 6,937 5,849
Loans receivable, net of allowance for credit losses of $64,760 and $64,670 at December 31, 2024 and 2023, respectively 4,690,393 4,589,620
Interest receivable 20,430 21,206
Prepaid expenses and other assets 136,594 106,225
Other real estate owned and repossessions, net 5,993 23
Premises and equipment, net 132,466 138,591
Goodwill and other intangible assets 10,094 10,527
Federal Home Loan Bank stock and other interest-earning assets 28,392 26,313
Current and deferred income taxes 33,767 29,485
Total assets 5,981,628 5,812,402
Liabilities    
Deposits 4,605,549 4,721,708
Securities sold under reverse repurchase agreements with customers 64,444 70,843
Short-term borrowings and other interest-bearing liabilities 514,247 252,610
Subordinated debentures issued to capital trust 25,774 25,774
Subordinated notes 74,876 74,579
Accrued interest payable 12,761 6,225
Advances from borrowers for taxes and insurance 5,272 4,946
Accrued expenses and other liabilities 70,634 76,401
Liability for unfunded commitments 8,503 7,487
Total liabilities 5,382,060 5,240,573
Commitments and Contingencies
Stockholders' Equity    
Serial preferred stock, $.01 par value; authorized 1,000,000 shares; issued and outstanding 2024 and 2023 - -0- shares
Common stock, $.01 par value; authorized 20,000,000 shares; issued and outstanding 2024 - 11,723,548 shares, 2023 - 11,804,430 shares 117 118
Additional paid-in capital 50,336 44,320
Retained earnings 603,477 569,872
Accumulated other comprehensive income (loss), net of income taxes (credit) of $(17,896) and $(14,211) at December 31, 2024 and 2023, respectively (54,362) (42,481)
Total stockholders' equity 599,568 571,829
Total liabilities and stockholders' equity $ 5,981,628 $ 5,812,402