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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
Assets    
Cash, cash equivalents and restricted cash $ 213,584 $ 183,388
Investment securities    
Held-to-maturity, at amortized cost 117,350 137,413
Available-for-sale, at fair value 413,464 432,260
Total investment securities 530,814 569,673
Loans, net of allowance for loan losses of $22,113 and $16,677 at September 30, 2020 and December 31, 2019, respectively 2,085,878 1,826,609
Bank premises and equipment, net 5,266 6,070
Goodwill 30,140 30,140
Core deposit intangible 4,045 4,684
Operating lease right-of-use assets 26,041 11,002
Interest receivable and other assets 79,457 75,714
Total assets 2,975,225 2,707,280
Deposits    
Non-interest bearing 1,383,719 1,128,823
Interest bearing    
Transaction accounts 156,061 142,329
Savings accounts 192,764 162,817
Money market accounts 738,661 804,710
Time accounts 98,084 97,810
Total deposits 2,569,289 2,336,489
Borrowings and other obligations 99 212
Subordinated debenture 2,760 2,708
Operating lease liabilities 27,527 12,615
Interest payable and other liabilities 17,980 18,468
Total liabilities 2,617,655 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 - 13,605,363 and 13,577,008 at September 30, 2020 and December 31, 2019, respectively 129,284 129,058
Retained earnings 215,976 203,227
Accumulated other comprehensive income, net of taxes 12,310 4,503
Total stockholders' equity 357,570 336,788
Total liabilities and stockholders' equity $ 2,975,225 $ 2,707,280