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Consolidated Statements of Condition (Current Period Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Cash and due from banks $ 97,792 $ 57,816
Interest-bearing deposits with banks 498,741 298,672
Cash and cash equivalents 596,533 356,488
Investment securities 1,227,200 612,847
Equity securities 19,707 20,092
Loans held-for-sale 1,027 743
Loans receivable 11,164,477 8,274,810
Less: Allowance for credit losses - loans 156,190 82,685
Net loans receivable 11,008,287 8,192,125
Investment in restricted stock, at cost 49,248 40,449
Bank premises and equipment, net 54,297 28,447
Accrued interest receivable 60,950 45,498
Bank owned life insurance 364,836 243,672
Right of use operating lease assets 31,282 14,489
Goodwill 215,611 208,372
Other assets 220,445 111,739
Total assets 13,915,738 9,879,600
Deposits:    
Noninterest-bearing 2,424,529 1,422,044
Interest-bearing 8,853,958 6,398,070
Total deposits 11,278,487 7,820,114
Borrowings 783,859 688,064
Subordinated debentures, net 276,500 79,944
Operating lease liabilities 35,334 15,498
Other liabilities 45,127 34,276
Total liabilities 12,419,307 8,637,896
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY    
Preferred Stock, no par value: 1,000 per share liquidation preference; Authorized 5,000,000 shares; issued 115,000 shares as of June 30, 2025 and as of December 31, 2024; outstanding 115,000 shares as of June 30, 2025 and as of December 31, 2024 110,927 110,927
Common stock, no par value: Authorized 100,000,000 shares; issued 54,155,710 shares as of June 30, 2025 and 42,255,865 shares as of December 31, 2024; outstanding 50,270,162 shares as of June 30, 2025 and 38,370,317 as of December 31, 2024 857,765 586,946
Additional paid-in capital 36,728 36,347
Retained earnings 614,532 631,446
Treasury stock, at cost: 3,885,548 common shares as of June 30, 2025 and December 31, 2024 (76,116) (76,116)
Accumulated other comprehensive loss (47,405) (47,846)
Total stockholders’ equity 1,496,431 1,241,704
Total liabilities and stockholders’ equity 13,915,738 9,879,600
Core Deposits [Member]    
ASSETS    
Core deposit intangibles $ 66,315 $ 4,639