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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
ASSETS    
Cash and collection items $ 33,869 $ 36,535
Interest bearing deposits with banks 44,920 15,596
Total cash and cash equivalents 78,789 52,131
Interest bearing time deposits in banks 4,571 10,930
Federal funds sold 0 18
Available for sale securities, at fair value 188,476 198,585
Held to maturity securities, at amortized cost (fair value of $25,090 at December 31, 2016) 26,977 0
Other investment securities, at cost 13,759 9,563
Loans receivable, net of allowance at December 31, 2016 and 2015, of $15,584 and $14,550, respectively 1,540,805 1,444,102
Loans held for sale 8,954 7,326
Accrued interest receivable 7,006 6,157
Real estate owned, net 1,945 3,642
Office properties and equipment, net 54,049 63,641
Office properties and equipment held for sale 5,337 0
Cash surrender value of life insurance 57,267 52,602
Goodwill 40,196 40,196
Core deposit intangibles, net 10,353 11,374
Deferred tax asset, net 11,619 16,713
Prepaid expenses and other assets 3,072 3,236
TOTAL 2,053,175 1,920,216
LIABILITIES:    
Noninterest bearing 223,038 234,879
Interest bearing 1,421,042 1,372,804
Total deposits 1,644,080 1,607,683
Securities sold under agreement to repurchase 19,114 12,075
Other borrowings 152,004 72,380
Other liabilities 4,550 4,921
Total liabilities 1,819,748 1,697,059
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.01 par value, 5,000,000 shares authorized; none issued at December 31, 2016 and 2015 0 0
Common stock, $.01 par value—100,000,000 shares authorized; 37,618,597 and 37,987,722 shares issued and outstanding at December 31, 2016 and 2015, respectively 376 380
Additional paid-in capital 209,274 211,817
Accumulated other comprehensive income (loss) (1,436) 386
Retained earnings 25,213 10,574
Total stockholders’ equity 233,427 223,157
TOTAL $ 2,053,175 $ 1,920,216