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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and cash equivalents $ 53,568 $ 78,789
Interest-bearing time deposits in banks 4,075 4,571
Available for sale securities, at fair value 196,806 188,476
Held to maturity securities, at amortized cost (fair value of $42,849 and $25,090, respectively) 42,775 26,977
Other investment securities, at cost 27,077 13,759
Loans receivable, net of allowance of $18,992 and $15,584, respectively 1,654,245 1,540,805
Loans held for sale 3,815 8,954
Accrued interest receivable 7,677 7,006
Real estate owned, net 1,648 1,945
Office properties and equipment, net 50,546 54,049
Office properties and equipment held for sale 2,201 5,337
Cash surrender value of life insurance 58,200 57,267
Goodwill 40,196 40,196
Core deposit intangibles, net 9,332 10,353
Deferred tax asset, net 4,611 11,619
Prepaid expenses and other assets 4,191 3,072
TOTAL 2,160,963 2,053,175
LIABILITIES:    
Noninterest bearing deposits 217,582 223,038
Interest bearing deposits 1,281,862 1,421,042
Total deposits 1,499,444 1,644,080
Securities sold under agreement to repurchase 13,445 19,114
Other borrowings 386,811 152,004
Other liabilities 8,106 4,550
Total liabilities 1,907,806 1,819,748
STOCKHOLDERS’ EQUITY:    
Preferred stock, $0.01 par value—5,000,000 shares authorized; none issued at December 31, 2017 or 2016
Common stock, $0.01 par value—100,000,000 shares authorized; 37,767,613 and 37,618,597 shares issued and outstanding at December 31, 2017 and 2016, respectively 378 376
Additional paid-in capital 210,599 209,274
Accumulated other comprehensive income (loss) 180 (1,436)
Retained earnings 42,000 25,213
Total stockholders’ equity 253,157 233,427
TOTAL $ 2,160,963 $ 2,053,175