XML 14 R2.htm IDEA: XBRL DOCUMENT v3.19.2
CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 51,950 $ 39,161
Interest-bearing deposits with banks 133,700 133,205
Cash and cash equivalents 185,650 172,366
Securities available-for-sale 441,911 412,034
Equity securities 11,152 11,460
Loans receivable 5,090,492 4,541,092
Less: Allowance for loan losses 37,698 34,954
Net loans receivable 5,052,794 4,506,138
Investment in restricted stock, at cost 31,767 31,136
Bank premises and equipment, net 19,781 19,062
Accrued interest receivable 21,272 18,214
Bank owned life insurance 126,132 113,820
Right of use operating lease assets 16,397
Goodwill 162,574 145,909
Core deposit intangibles 6,140 1,737
Other assets 33,496 30,216
Total assets 6,109,066 5,462,092
Deposits:    
Noninterest-bearing 813,635 768,584
Interest-bearing 3,827,508 3,323,508
Total deposits 4,641,143 4,092,092
Borrowings 597,317 600,001
Operating lease liabilities 17,787
Subordinated debentures (net of debt issuance costs of $1,435 and $1,599, respectively) 128,720 128,556
Other liabilities 24,875 27,516
Total liabilities 5,409,842 4,848,165
STOCKHOLDERS' EQUITY    
Preferred stock: Authorized 5,000,000 shares
Common stock, no par value: Authorized 50,000,000 shares; issued 37,656,806 shares at June 30, 2019 and 34,392,464 shares at December 31, 2018; outstanding 35,352,866 shares at June 30, 2019 and 32,328,542 at December 31, 2018 468,571 412,546
Additional paid-in capital 19,777 15,542
Retained earnings 235,649 211,345
Treasury stock, at cost (2,303,940 common shares at June 30, 2019 and 2,063,922 at December 31, 2018) (21,892) (16,717)
Accumulated other comprehensive loss (2,881) (8,789)
Total stockholders' equity 699,224 613,927
Total liabilities and stockholders' equity $ 6,109,066 $ 5,462,092