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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Assets    
Cash, cash equivalents and restricted cash $ 584,739 $ 200,320
Investment securities    
Held-to-maturity, at amortized cost (net of zero allowance for credit losses at September 30, 2021 and December 31, 2020 ) 196,801 109,036
Available-for-sale, at fair value (net of zero allowance for credit losses at September 30, 2021 and December 31, 2020 ) 963,033 392,351
Total investment securities 1,159,834 501,387
Loans, at amortized cost 2,317,019 2,088,556
Allowance for credit losses on loans (22,414) (22,874)
Loans, net of allowance for credit losses on loans 2,294,605 2,065,682
Goodwill 72,754 30,140
Bank-owned life insurance 61,171 43,552
Operating lease right-of-use assets 24,776 25,612
Bank premises and equipment, net 7,807 4,919
Core deposit intangible 6,998 3,831
Other real estate owned 800 0
Interest receivable and other assets 47,578 36,483
Total assets 4,261,062 2,911,926
Deposits    
Non-interest bearing 1,837,595 1,354,650
Interest bearing    
Transaction accounts 288,401 183,552
Savings accounts 336,867 201,507
Money market accounts 1,124,660 667,107
Time accounts 140,173 97,433
Total deposits 3,727,696 2,504,249
Borrowings and other obligations 451 58
Subordinated debenture 0 2,777
Operating lease liabilities 26,637 27,062
Interest payable and other liabilities 47,753 19,527
Total liabilities 3,802,537 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 - 16,066,889 and 13,500,453 at September 30, 2021 and December 31, 2020, respectively 217,680 125,905
Retained earnings 233,997 219,747
Accumulated other comprehensive income, net of taxes 6,848 12,601
Total stockholders' equity 458,525 358,253
Total liabilities and stockholders' equity $ 4,261,062 $ 2,911,926