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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
ASSETS    
Cash on hand and in banks $ 92,704 $ 78,293
Interest earning deposits 69,206 24,722
Cash and cash equivalents 161,910 103,015
Investment securities available for sale, at fair value 976,095 810,530
Loans held for sale 1,555 2,288
Loans receivable, net 3,654,160 2,849,071
Allowance for loan losses (35,042) (32,086)
Total loans receivable, net 3,619,118 2,816,985
Other real estate owned 1,983 0
Premises and equipment, net 81,100 60,325
Federal Home Loan Bank stock, at cost 6,076 8,347
Bank owned life insurance 93,612 75,091
Accrued interest receivable 15,403 12,244
Prepaid expenses and other assets 98,522 99,328
Other intangible assets, net 20,614 6,088
Goodwill 240,939 119,029
Total assets 5,316,927 4,113,270
LIABILITIES AND STOCKHOLDERS' EQUITY    
Deposits 4,432,402 3,393,060
Federal Home Loan Bank advances 0 92,500
Junior subordinated debentures 20,302 20,009
Securities sold under agreement to repurchase 31,487 31,821
Accrued expenses and other liabilities 72,013 67,575
Total liabilities 4,556,204 3,604,965
Stockholders’ equity:    
Preferred stock, no par value, 2,500,000 shares authorized; no shares issued and outstanding at December 31, 2018 and 2017 0 0
Common stock, no par value, 50,000,000 shares authorized; 36,874,055 and 29,927,746 shares issued and outstanding at December 31, 2018 and 2017, respectively 591,806 360,590
Retained earnings 176,372 149,013
Accumulated other comprehensive loss, net (7,455) (1,298)
Total stockholders’ equity 760,723 508,305
Total liabilities and stockholders’ equity $ 5,316,927 $ 4,113,270