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Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Cash on hand and in banks $ 78,068 $ 55,851
Interest earning deposits 97,504 169,122
Cash and cash equivalents 175,572 224,973
Investment securities available for sale, at fair value, net (amortized cost of $909,023 and $1,227,787, respectively) 852,779 1,134,353
Investment securities held to maturity, at amortized cost, net (fair value of $661,696 and $662,450, respectively) 719,400 739,442
Total investment securities 1,572,179 1,873,795
Loans receivable 4,679,479 4,335,627
Allowance for credit losses on loans (51,391) (47,999)
Loans receivable, net 4,628,088 4,287,628
Premises and equipment, net 72,500 74,899
Federal Home Loan Bank stock, at cost 16,993 4,186
Bank owned life insurance 127,248 125,655
Accrued interest receivable 20,102 19,518
Prepaid expenses and other assets 296,190 318,571
Other intangible assets, net 3,552 4,793
Goodwill 240,939 240,939
Total assets 7,153,363 7,174,957
Noninterest-Bearing Deposit Liabilities 1,682,219 1,715,847
Interest-Bearing Deposit Liabilities 4,026,273 3,884,025
LIABILITIES AND STOCKHOLDERS' EQUITY    
Total deposits 5,708,492 5,599,872
Borrowings 382,000 500,000
Junior subordinated debentures 21,985 21,765
Accrued expenses and other liabilities 166,372 200,059
Total liabilities 6,278,849 6,321,696
Stockholders’ equity:    
Preferred stock, no par value, 2,500,000 shares authorized; no shares issued and outstanding, respectively 0 0
Common stock, no par value, 50,000,000 shares authorized; 34,153,539 and 34,906,233 shares issued and outstanding, respectively 534,917 549,748
Retained earnings 383,127 375,989
Accumulated other comprehensive loss, net (43,530) (72,476)
Total stockholders’ equity 874,514 853,261
Total liabilities and stockholders’ equity $ 7,153,363 $ 7,174,957