XML 40 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash on hand and in banks $ 105,097 $ 95,039
Interest earning deposits 57,816 133,529
Cash and cash equivalents 162,913 228,568
Investment securities available for sale, at fair value, net (amortized cost of $937,828 and $939,160 at March 31, 2020 and December 31, 2019) 961,092 952,312
Loans held for sale 3,808 5,533
Loans receivable 3,852,376 3,767,879
Financing Receivable, Allowance for Credit Loss 47,540  
Allowance for credit losses on loans   (36,171)
Loans receivable, net 3,804,836 3,731,708
Other real estate owned 841 841
Premises and equipment, net 87,958 87,888
Federal Home Loan Bank stock, at cost 6,661 6,377
Bank owned life insurance 106,756 103,616
Accrued interest receivable 14,940 14,446
Prepaid expenses and other assets 180,846 164,129
Other intangible assets, net 15,710 16,613
Goodwill 240,939 240,939
Total assets 5,587,300 5,552,970
LIABILITIES AND STOCKHOLDERS' EQUITY    
Deposits 4,617,948 4,582,676
Junior subordinated debentures 20,668 20,595
Securities sold under agreement to repurchase 11,792 20,169
Accrued expenses and other liabilities 138,454 120,219
Total liabilities 4,788,862 4,743,659
Stockholders’ equity:    
Preferred stock, no par value, 2,500,000 shares authorized; no shares issued and outstanding at March 31, 2020 and December 31, 2019 0 0
Common stock, no par value, 50,000,000 shares authorized; 35,888,494 and 36,618,729 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively 568,439 586,459
Retained earnings 211,707 212,474
Accumulated other comprehensive income, net 18,292 10,378
Total stockholders’ equity 798,438 809,311
Total liabilities and stockholders’ equity $ 5,587,300 $ 5,552,970