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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash, cash equivalents and restricted cash $ 45,424 $ 347,641
Investment securities:    
Held-to-maturity, at amortized cost (net of zero allowance for credit losses at December 31, 2022 and 2021) 972,207 342,222
Available-for-sale, at fair value (net of zero allowance for credit losses at December 31, 2022 and 2021) 802,096 1,167,568
Total investment securities 1,774,303 1,509,790
Loans, at amortized cost 2,092,546 2,255,645
Allowance for credit losses on loans (22,983) (23,023)
Total loans, net of allowance for credit losses on loans 2,069,563 2,232,622
Goodwill 72,754 72,754
Bank-owned life insurance 67,066 61,473
Operating lease right-of-use assets 24,821 23,604
Bank premises and equipment, net 8,134 7,558
Core deposit intangible, net 5,116 6,605
Other real estate owned 455 800
Interest receivable and other assets 79,828 51,362
Total assets 4,147,464 4,314,209
Deposits:    
Non-interest bearing 1,839,114 1,910,240
Interest bearing:    
Transaction accounts 287,651 290,813
Savings accounts 338,163 340,959
Money market accounts 989,390 1,116,303
Time accounts 119,030 150,235
Total deposits 3,573,348 3,808,550
Borrowings and other obligations 112,439 419
Operating lease liabilities 26,639 25,429
Interest payable and other liabilities 22,946 29,443
Total liabilities 3,735,372 3,863,841
Commitments and contingent liabilities (Note 12)
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 - 16,029,138 and 15,929,243 at December 31, 2022 and 2021, respectively 215,057 212,524
Retained earnings 270,781 239,868
Accumulated other comprehensive loss, net of tax (73,746) (2,024)
Total stockholders' equity 412,092 450,368
Total liabilities and stockholders' equity $ 4,147,464 $ 4,314,209