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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 108,285 $ 135,847
Interest-bearing deposits with financial institutions 425,747 191,003
Cash and cash equivalents 534,032 326,850
Interest-bearing time deposits with financial institutions 2,708 2,708
Investments held-to-maturity, at amortized cost (fair value of $36,238 and $38,760 as of March 31, 2020 and December 31, 2019, respectively) 34,553 37,838
Investment securities available-for-sale, at fair value 1,337,761 1,368,384
FHLB, FRB and other stock, at cost 92,858 93,061
Loans held for sale, at lower of cost or fair value 111 1,672
Loans held for investment 8,754,869 8,722,311
Allowance for credit losses (115,422) (35,698)
Loans held for investment, net 8,639,447 8,686,613
Accrued interest receivable 38,294 39,442
Other real estate owned 441 441
Premises and equipment 61,615 59,001
Deferred income taxes, net 15,249 0
Bank owned life insurance 113,461 113,376
Intangible assets 79,349 83,312
Goodwill 808,322 808,322
Other assets 218,008 154,992
Total assets 11,976,209 11,776,012
Deposit accounts:    
Noninterest-bearing checking 3,943,260 3,857,660
Interest-bearing:    
Checking 577,966 586,019
Money market/savings 3,499,305 3,406,988
Retail certificates of deposit 897,680 973,465
Wholesale/brokered certificates of deposit 174,861 74,377
Total interest-bearing 5,149,812 5,040,849
Total deposits 9,093,072 8,898,509
FHLB advances and other borrowings 521,017 517,026
Subordinated debentures 215,269 215,145
Deferred income taxes, net 0 1,371
Accrued expenses and other liabilities 143,934 131,367
Total liabilities 9,973,292 9,763,418
STOCKHOLDERS’ EQUITY    
Preferred stock, $.01 par value; 1,000,000 authorized; none issued and outstanding 0 0
Common stock, $.01 par value; 150,000,000 shares authorized at March 31, 2020 and December 31, 2019; 59,975,281 shares and 59,506,057 shares issued and outstanding, respectively. 586 586
Additional paid-in capital 1,596,680 1,594,434
Retained earnings 361,242 396,051
Accumulated other comprehensive income 44,409 21,523
Total stockholders’ equity 2,002,917 2,012,594
Total liabilities and stockholders’ equity $ 11,976,209 $ 11,776,012