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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 45,233 $ 48,228
Interest bearing deposits with other banks 74,386 32,509
Cash and cash equivalents 119,619 80,737
Equity and other securities, at fair value 7,413 8,031
Securities available-for-sale, at fair value 1,299,483 1,186,292
Securities held-to-maturity, at amortized cost (fair value at March 31, 2020—$4,516, December 31, 2019—$4,498) 4,408 4,412
Restricted stock, at cost 24,197 22,127
Loans held for sale 13,299 11,732
Loans and leases:    
Loans and leases 3,860,259 3,785,661
Allowance for loan and lease losses (41,840) (31,936)
Net loans and leases 3,818,419 3,753,725
Servicing assets, at fair value 17,800 19,471
Premises and equipment, net 96,446 96,140
Other real estate owned, net 9,273 9,896
Goodwill and other intangible assets, net 178,362 180,255
Bank-owned life insurance 9,898 9,750
Deferred tax assets, net 33,845 38,315
Accrued interest receivable and other assets 102,292 100,926
Total assets 5,734,754 5,521,809
LIABILITIES    
Non-interest-bearing demand deposits 1,290,896 1,279,641
Interest-bearing deposits 2,947,940 2,867,936
Total deposits 4,238,836 4,147,577
Short-term borrowings 640,647 539,638
Junior subordinated debentures issued to capital trusts, net 37,462 37,334
Accrued interest payable and other liabilities 55,142 47,145
Total liabilities 4,972,087 4,771,694
STOCKHOLDERS’ EQUITY    
Preferred stock 10,438 10,438
Common stock 380 379
Additional paid-in capital 582,517 580,965
Retained earnings 160,652 159,033
Accumulated other comprehensive income (loss), net of tax 10,348 (700)
Treasury stock, at cost 1,668  
Total stockholders’ equity 762,667 750,115
Total liabilities and stockholders’ equity $ 5,734,754 $ 5,521,809
Preferred shares authorized 50,000 50,000
Preferred shares issued 10,438 10,438
Preferred shares outstanding 10,438 10,438
Common shares par value $ 0.01 $ 0.01
Common shares authorized 150,000,000 150,000,000
Common shares issued 38,501,507 38,256,500
Common shares outstanding 38,383,021 38,256,500
Treasury common shares 118,486