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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
ASSETS    
Cash and due from banks $ 30,100 $ 31,813
Interest-bearing deposits with banks 128,421 95,034
Cash and cash equivalents 158,521 126,847
Investment securities:    
Available-for-sale 224,214 289,532
Held-to-maturity (fair value of $234,493 and $231,445) 227,221 224,682
Loans held for sale 990  
Loans receivable 2,953,381 2,538,641
Less: Allowance for loan and lease losses 21,533 14,160
Net loans receivable 2,931,848 2,524,481
Investment in restricted stock, at cost 30,362 23,535
Bank premises and equipment, net 21,523 20,653
Accrued interest receivable 11,662 11,700
Bank-owned life insurance 53,681 52,518
Other real estate owned 3,244 1,108
Goodwill 145,909 145,909
Core deposit intangibles 4,125 4,825
Other assets 24,953 22,782
Total assets 3,838,253 3,448,572
Deposits:    
Noninterest-bearing 586,643 492,515
Interest-bearing 2,079,981 1,983,092
Total deposits 2,666,624 2,475,607
Borrowings 621,674 495,553
Subordinated debentures 55,155 5,155
Other liabilities 23,654 26,038
Total liabilities $ 3,367,107 $ 3,002,353
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY    
Preferred stock, $1,000 liquidation value per share, authorized 5,000,000 shares; issued and outstanding 11,250 shares of Series B preferred stock at September 30, 2015 and December 31, 2014; total liquidation value of $11,250 at September 30, 2015 and December 31, 2014 $ 11,250 $ 11,250
Common stock, no par value, authorized 50,000,000 shares; issued 32,261,541 shares at September 30, 2015 and 31,758,558 at December 31, 2014; outstanding 30,197,619 shares at September 30, 2015 and 29,694,636 at December 31, 2014 374,287 374,287
Additional paid-in capital 8,315 6,015
Retained earnings 97,321 72,398
Treasury stock, at cost (2,063,922 common shares at September 30, 2015 and December 31, 2014) (16,717) (16,717)
Accumulated other comprehensive loss (3,310) (1,014)
Total stockholders’ equity 471,146 446,219
Total liabilities and stockholders’ equity $ 3,838,253 $ 3,448,572