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UNAUDITED CONSOLIDATED STATEMENT OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 67,136 $ 52,499
Interest bearing deposits with banks 680,652 662,961
Total cash and cash equivalents 747,788 715,460
Securities available-for-sale, at fair value 225,338 270,454
Securities held-to-maturity, net of allowance for credit losses of $393 and $0, respectively, fair value $754,834 and $725,841, respectively 867,990 737,052
Total investment securities 1,093,328 1,007,506
Non-marketable securities 15,549 15,549
Loans and leases held for investment 3,249,886 3,237,177
Allowance for credit losses (62,080) (61,007)
Loans held for investment, net 3,187,806 3,176,170
Bank-owned life insurance 72,513 71,411
Premises and equipment, net 46,970 47,730
Deferred income tax assets 34,839 25,542
Accrued interest receivable 18,231 18,098
Goodwill 11,183 11,183
Other intangibles 3,106 3,402
Other real estate owned 873 873
Other assets 94,495 84,796
TOTAL ASSETS 5,326,681 5,177,720
Deposits:    
Non-interest bearing 1,753,633 1,750,330
Interest bearing:    
Demand 1,059,651 1,097,337
Savings and money market 1,577,599 1,400,000
Certificate of deposits 378,630 392,485
Total interest bearing 3,015,880 2,889,822
Total deposits 4,769,513 4,640,152
Subordinated debentures 10,310 10,310
Interest payable and other liabilities 85,505 64,122
TOTAL LIABILITIES 4,865,328 4,714,584
SHAREHOLDERS' EQUITY    
Preferred shares, no par value, 1,000,000 shares authorized and, none issued or outstanding 0 0
Common shares, $0.01 par value, 7,500,000 authorized 777,190 and 789,646 outstanding at June 30, 2022 and December 31, 2021, respectively 8 8
Additional paid-in capital 65,671 77,516
Retained earnings 416,722 387,331
Accumulated other comprehensive (loss) / income, net of taxes (21,048) (1,719)
TOTAL SHAREHOLDERS' EQUITY 461,353 463,136
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 5,326,681 $ 5,177,720