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Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 109,705 $ 79,112
Securities available for sale, at fair value 1,057,018 1,178,515
Securities held to maturity, at amortized cost (net of allowance for credit losses of $5) (fair value of $195,451 and $209,820, respectively) 204,933 205,581
Loans held for sale 4,265 6,202
Loans (net of allowance for credit losses of $0 and $39,676, respectively) 3,721,566 3,639,760
Company owned life insurance 135,611 123,898
Premises and equipment, net 40,461 40,111
Goodwill and other intangible assets, net 73,897 74,400
Other assets 220,742 173,200
Total assets 5,568,198 5,520,779
Deposits:    
Noninterest-bearing demand 1,114,460 1,107,561
Interest-bearing demand 877,661 864,528
Savings and money market 1,845,186 1,933,047
Time deposits 983,209 921,954
Total deposits 4,820,516 4,827,090
Short-term borrowings 109,000 30,000
Long-term borrowings, net of issuance costs of $1,011 and $1,089, respectively 74,067 73,911
Other liabilities 138,814 84,636
Total liabilities 5,142,397 5,015,637
Shareholders’ equity:    
Total preferred equity 17,292 17,292
Common stock, $0.01 par value; 50,000,000 shares authorized; 16,099,556 shares issued 161 161
Additional paid-in capital 125,568 126,105
Retained earnings 405,019 384,007
Accumulated other comprehensive loss (99,725) (13,207)
Treasury stock, at cost - 800,479 and 354,103 shares, respectively (22,514) (9,216)
Total shareholders’ equity 425,801 505,142
Total liabilities and shareholders’ equity 5,568,198 5,520,779
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 $ 17,149