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Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 344,790 $ 93,878
Securities available for sale, at fair value 753,489 628,059
Securities held to maturity, at amortized cost (net of allowance for credit losses of $7 and $7, respectively) (fair value of $264,329 and $282,035, respectively) 256,127 271,966
Loans held for sale 5,685 4,305
Loans (net of allowance for credit losses of $49,828 and $52,420, respectively) 3,604,558 3,542,718
Company owned life insurance 101,564 100,895
Premises and equipment, net 39,820 40,610
Goodwill and other intangible assets, net 74,528 73,789
Other assets 148,495 156,086
Total assets 5,329,056 4,912,306
Deposits:    
Noninterest-bearing demand 1,099,608 1,018,549
Interest-bearing demand 873,390 731,885
Savings and money market 1,826,621 1,642,340
Time deposits 916,395 885,593
Total deposits 4,716,014 4,278,367
Short-term borrowings   5,300
Long-term borrowings, net of issuance costs of $1,321 and $1,377, respectively 73,679 73,623
Other liabilities 73,079 86,653
Total liabilities 4,862,772 4,443,943
Shareholders’ equity:    
Total preferred equity 17,322 17,328
Common stock, $0.01 par value; 50,000,000 shares authorized; 16,099,556 shares issued 161 161
Additional paid-in capital 124,891 125,118
Retained earnings 340,923 324,850
Accumulated other comprehensive (loss) income (10,572) 2,128
Treasury stock, at cost – 270,657 and 57,630 shares, respectively (6,441) (1,222)
Total shareholders’ equity 466,284 468,363
Total liabilities and shareholders’ equity 5,329,056 4,912,306
Series A 3% Preferred Stock [Member]    
Shareholders’ equity:    
Total preferred equity 143 143
Series B-1 8.48% Preferred Stock [Member]    
Shareholders’ equity:    
Total preferred equity $ 17,179 $ 17,185