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Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 288,426 $ 93,878
Securities available for sale, at fair value 1,097,950 628,059
Securities held to maturity, at amortized cost (net of allowance for credit losses of $5 and $7, respectively) (fair value of $224,164 and $282,035, respectively) 218,135 271,966
Loans held for sale 5,916 4,305
Loans (net of allowance for credit losses of $45,444 and $52,420, respectively) 3,608,455 3,542,718
Company owned life insurance 123,034 100,895
Premises and equipment, net 40,605 40,610
Goodwill and other intangible assets, net 74,659 73,789
Other assets 166,013 156,086
Total assets 5,623,193 4,912,306
Deposits:    
Noninterest-bearing demand 1,144,852 1,018,549
Interest-bearing demand 893,976 731,885
Savings and money market 2,015,855 1,642,340
Time deposits 920,280 885,593
Total deposits 4,974,963 4,278,367
Short-term borrowings 5,300
Long-term borrowings, net of issuance costs of $1,166 and $1,377, respectively 73,834 73,623
Other liabilities 80,383 86,653
Total liabilities 5,129,180 4,443,943
Shareholders’ equity:    
Total preferred equity 17,292 17,328
Common stock, $0.01 par value; 50,000,000 shares authorized; 16,099,556 shares issued 161 161
Additional paid-in capital 125,785 125,118
Retained earnings 369,019 324,850
Accumulated other comprehensive (loss) income (12,116) 2,128
Treasury stock, at cost - 257,475 and 57,630 shares, respectively (6,128) (1,222)
Total shareholders’ equity 494,013 468,363
Total liabilities and shareholders’ equity 5,623,193 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 $ 17,149 $ 17,185