CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (unaudited) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Assets
Cash and due from banks	$ 11,270	$ 9,246
Overnight deposits	424,170	223,704
Total cash and cash equivalents	435,440	232,950
Investment securities available for sale, at fair value (substantially restricted)	250,674	30,439
Investment securities held to maturity (estimated fair value of $3,914 and $4,403 at September 30, 2019 and December 31, 2018 respectively)	3,938	4,571
Marketable equity investments, at fair value	2,223	2,110
Total securities	256,835	37,120
Other investments	20,921	22,287
Loans, net of deferred fees and unamortized costs	2,496,697	1,865,216
Allowance for loan losses	(24,444)	(18,942)
Net loans	2,472,253	1,846,274
Receivable from prepaid card programs, net	16,257	8,218
Accrued interest receivable	8,273	5,507
Premises and equipment, net	9,628	6,877
Prepaid expenses and other assets	9,859	8,158
Goodwill	9,733	9,733
Accounts receivable, net	3,972	5,520
Total assets	3,243,171	2,182,644
Deposits:
Noninterest-bearing demand deposits	1,041,102	798,563
Interest-bearing deposits	1,664,104	861,991
Total deposits	2,705,206	1,660,554
Federal Home Loan Bank of New York advances	144,000	185,000
Trust preferred securities	20,620	20,620
Subordinated debt, net of issuance cost	24,587	24,545
Accounts payable, accrued expenses and other liabilities	41,067	18,439
Accrued interest payable	958	1,282
Prepaid third-party debit cardholder balances	15,731	7,687
Total liabilities	2,952,169	1,918,127
Stockholders' equity:
Common stock, $0.01 par value, 25,000,000 shares authorized, 8,319,852 and 8,217,274 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively	82	82
Additional paid in capital	215,677	213,490
Retained earnings	73,501	51,415
Accumulated other comprehensive gain (loss), net of tax effect	1,739	(473)
Total stockholders' equity	291,002	264,517
Total liabilities and stockholders' equity	3,243,171	2,182,644
Class B Preferred Stock
Stockholders' equity:
Class B preferred stock, $0.01 par value, authorized 2,000,000 shares, 272,636 issued and outstanding at September 30, 2019 and December 31, 2018	3	3
Total stockholders' equity	$ 3	$ 3