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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 135,847 $ 125,036
Interest-bearing deposits with financial institutions 191,003 78,370
Cash and cash equivalents 326,850 203,406
Interest-bearing time deposits with financial institutions 2,708 6,143
Investments held-to-maturity, at amortized cost (fair value of $38,760 and $44,672 as of December 31, 2019 and December 31, 2018, respectively) 37,838 45,210
Investment securities available-for-sale, at fair value 1,368,384 1,103,222
FHLB, FRB and other stock, at cost 93,061 94,918
Loans held for sale, at lower of cost or fair value 1,672 5,719
Loans held for investment 8,722,311 8,836,818
Allowance for loan losses (35,698) (36,072)
Loans held for investment, net 8,686,613 8,800,746
Accrued interest receivable 39,442 37,837
Other real estate owned 441 147
Premises and equipment 59,001 64,691
Deferred income taxes, net 0 15,627
Bank owned life insurance 113,376 110,871
Intangible assets 83,312 100,556
Goodwill 808,322 808,726
Other assets 154,992 89,568
Total assets 11,776,012 11,487,387
Deposit accounts:    
Noninterest-bearing checking 3,857,660 3,495,737
Interest-bearing:    
Checking 586,019 526,088
Money market/savings 3,406,988 3,225,849
Retail certificates of deposit 973,465 1,009,066
Wholesale/brokered certificates of deposit 74,377 401,611
Total interest-bearing 5,040,849 5,162,614
Total deposits 8,898,509 8,658,351
FHLB advances and other borrowings 517,026 667,681
Subordinated debentures 215,145 110,313
Deferred income taxes, net 1,371 0
Accrued expenses and other liabilities 131,367 81,345
Total liabilities 9,763,418 9,517,690
STOCKHOLDERS’ EQUITY    
Preferred stock, $.01 par value; 1,000,000 shares authorized; no shares issued and outstanding 0 0
Common stock, $.01 par value; 150,000,000 shares authorized at December 31, 2019 and 2018; 59,506,057 shares and 62,480,755 shares issued and outstanding, respectively 586 617
Additional paid-in capital 1,594,434 1,674,274
Retained earnings 396,051 300,407
Accumulated other comprehensive income (loss) 21,523 (5,601)
Total stockholders’ equity 2,012,594 1,969,697
Total liabilities and stockholders’ equity $ 11,776,012 $ 11,487,387