XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets    
Cash, cash equivalents and restricted cash $ 185,552 $ 347,641
Investment securities    
Held-to-maturity, at amortized cost (net of zero allowance for credit losses at September 30, 2022 and December 31, 2021) 959,867 342,222
Available-for-sale, at fair value (net of zero allowance for credit losses at September 30, 2022 and December 31, 2021) 812,493 1,167,568
Total investment securities 1,772,360 1,509,790
Loans, at amortized cost 2,158,336 2,255,645
Allowance for credit losses on loans (22,963) (23,023)
Loans, net of allowance for credit losses on loans 2,135,373 2,232,622
Goodwill 72,754 72,754
Bank-owned life insurance 62,056 61,473
Operating lease right-of-use assets 25,006 23,604
Bank premises and equipment, net 7,102 7,558
Core deposit intangible, net 5,481 6,605
Other real estate owned 455 800
Interest receivable and other assets 82,514 51,362
Total assets 4,348,653 4,314,209
Deposits    
Non-interest bearing 2,051,975 1,910,240
Interest bearing    
Transaction accounts 293,722 290,813
Savings accounts 342,630 340,959
Money market accounts 1,074,568 1,116,303
Time accounts 139,815 150,235
Total deposits 3,902,710 3,808,550
Borrowings and other obligations 365 419
Operating lease liabilities 26,744 25,429
Interest payable and other liabilities 22,242 29,443
Total liabilities 3,952,061 3,863,841
Commitments and contingent liabilities (Note 8)
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 - 16,029,048 and 15,929,243 at September 30, 2022 and December 31, 2021, respectively 214,720 212,524
Retained earnings 261,907 239,868
Accumulated other comprehensive loss, net of taxes (80,035) (2,024)
Total stockholders' equity 396,592 450,368
Total liabilities and stockholders' equity $ 4,348,653 $ 4,314,209