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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 60,431 $ 62,274
Interest bearing deposits with other banks 165,705 117,079
Cash and cash equivalents 226,136 179,353
Equity and other securities, at fair value 8,743 7,989
Securities available-for-sale, at fair value ($1,149 and $2,672 amortized cost at December 31, 2023 and 2022, respectively) 1,342,480 1,174,431
Securities held-to-maturity, at amortized cost ($1,149 and $2,672 fair value at December 31, 2023 and 2022, respectively) 1,157 2,705
Restricted stock, at cost 16,304 28,202
Loans held for sale 18,005 47,823
Loans and leases:    
Loans and leases 6,684,306 5,421,258
Allowance for credit losses - loans and leases (101,686) (81,924)
Net loans and leases 6,582,620 5,339,334
Servicing assets, at fair value 19,844 19,172
Accrued interest receivable 43,922 29,815
Premises and equipment, net 66,627 56,798
Operating lease right-of-use asset 12,474 11,352
Assets held for sale 4,484 8,673
Other real estate owned, net 1,200 4,717
Goodwill 181,705 148,353
Other intangible assets, net 21,773 10,534
Bank-owned life insurance 96,900 82,093
Deferred tax assets, net 50,058 68,213
Due from counterparty 35,277 11,569
Other assets 152,258 131,815
Total assets 8,881,967 7,362,941
LIABILITIES    
Non-interest-bearing demand deposits 1,905,876 2,138,645
Interest-bearing deposits:    
Interest bearing checking, savings accounts, and money market accounts 3,386,171 2,633,549
Time deposits 1,884,952 922,927
Total deposits 7,176,999 5,695,121
Federal Home Loan Bank advances 325,000 625,000
Term loan 18,333 0
Line of credit 11,250 0
Subordinated notes, net 73,866 73,691
Securities sold under agreements to repurchase 40,607 15,399
Junior subordinated debentures issued to capital trusts, net 70,452 37,338
Accrued interest payable 22,233 4,494
Operating lease liability 14,268 14,391
Accrued expenses and other liabilities 138,808 131,691
Total liabilities 7,891,816 6,597,125
COMMITMENTS AND CONTINGENT LIABILITIES (Note 16)
STOCKHOLDERS' EQUITY (Note 24)    
Preferred stock, $0.01 par value per share, 25,000,000 shares authorized; 10,438 shares issued and outstanding at December 31, 2021 0 0
Common stock, voting $0.01 par value at December 31, 2022 and 2021; 150,000,000 shares authorized; 39,518,702 shares issued at December 31, 2022 and 39,203,747 issued at December 31, 2021 451 389
Additional paid-in capital 710,488 598,297
Retained earnings 429,036 335,794
Treasury stock at cost, 2,025,927 shares at December 31, 2022 and 1,489,844 shares at December 31, 2021 (49,707) (51,114)
Accumulated other comprehensive loss, net of tax (100,117) (117,550)
Total stockholders’ equity 990,151 765,816
Total liabilities and stockholders’ equity $ 8,881,967 $ 7,362,941