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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash, cash equivalents and restricted cash $ 397,699 $ 183,388
Investment securities    
Held-to-maturity, at amortized cost 125,781 137,413
Available-for-sale, at fair value 429,775 432,260
Total investment securities 555,556 569,673
Loans, net of allowance for loan losses of $20,868 and $16,677 at June 30, 2020 and December 31, 2019, respectively 2,089,333 1,826,609
Bank premises and equipment, net 5,278 6,070
Goodwill 30,140 30,140
Core deposit intangible 4,258 4,684
Operating lease right-of-use assets 23,090 11,002
Interest receivable and other assets 76,186 75,714
Total assets 3,181,540 2,707,280
Deposits    
Non-interest bearing 1,442,849 1,128,823
Interest bearing    
Transaction accounts 146,811 142,329
Savings accounts 190,561 162,817
Money market accounts 904,163 804,710
Time accounts 95,482 97,810
Total deposits 2,779,866 2,336,489
Borrowings and other obligations 140 212
Subordinated debenture 2,743 2,708
Operating lease liabilities 24,574 12,615
Interest payable and other liabilities 21,977 18,468
Total liabilities 2,829,300 2,370,492
Stockholders' Equity    
Preferred stock, no par value, Authorized - 5,000,000 shares, none issued 0 0
Common stock, no par value, Authorized - 30,000,000 shares; Issued and outstanding - 13,591,835 and 13,577,008 at June 30, 2020 and December 31, 2019, respectively 128,633 129,058
Retained earnings 211,613 203,227
Accumulated other comprehensive income, net of taxes 11,994 4,503
Total stockholders' equity 352,240 336,788
Total liabilities and stockholders' equity $ 3,181,540 $ 2,707,280