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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets    
Cash, cash equivalents and restricted cash $ 257,543 $ 200,320
Investment securities:    
Held-to-maturity, at amortized cost (net of zero allowance for credit losses at June 30, 2021 and December 31, 2020 ) 169,038 109,036
Available-for-sale, at fair value (net of zero allowance for credit losses at June 30, 2021 and December 31, 2020 ) 517,963 392,351
Total investment securities 687,001 501,387
Loans, at amortized cost 2,002,767 2,088,556
Allowance for credit losses on loans (19,100) (22,874)
Loans, net of allowance for credit losses 1,983,667 2,065,682
Bank premises and equipment, net 5,248 4,919
Goodwill 30,140 30,140
Core deposit intangible 3,423 3,831
Operating lease right-of-use assets 23,506 25,612
Interest receivable and other assets 83,290 80,035
Total assets 3,073,818 2,911,926
Deposits    
Non-interest bearing 1,460,076 1,354,650
Interest bearing    
Transaction accounts 168,226 183,552
Savings accounts 230,730 201,507
Money market accounts 729,193 667,107
Time accounts 95,350 97,433
Total deposits 2,683,575 2,504,249
Borrowings and other obligations 438 58
Subordinated debenture 0 2,777
Operating lease liabilities 24,919 27,062
Interest payable and other liabilities 16,237 19,527
Total liabilities 2,725,169 2,553,673
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 - 13,055,105 and 13,500,453 at June 30, 2021 and December 31, 2020, respectively 108,430 125,905
Retained earnings 231,841 219,747
Accumulated other comprehensive income, net of taxes 8,378 12,601
Total stockholders' equity 348,649 358,253
Total liabilities and stockholders' equity $ 3,073,818 $ 2,911,926