XML 115 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 65,717 $ 39,161
Interest-bearing deposits with banks 135,766 133,205
Cash and cash equivalents 201,483 172,366
Securities available-for-sale 404,701 412,034
Equity securities 11,185 11,460
Loans held-for-sale 33,250
Loans receivable 5,113,527 4,541,092
Less: Allowance for loan losses 38,293 34,954
Net loans receivable 5,075,234 4,506,138
Investment in restricted stock, at cost 27,397 31,136
Bank premises and equipment, net 19,236 19,062
Accrued interest receivable 20,949 18,214
Bank owned life insurance 137,961 113,820
Right of use operating lease assets 15,137
Goodwill 162,574 145,909
Core deposit intangibles 5,460 1,737
Other assets 59,465 30,216
Total assets 6,174,032 5,462,092
Deposits:    
Noninterest-bearing 861,728 768,584
Interest-bearing 3,905,814 3,323,508
Total deposits 4,767,542 4,092,092
Borrowings 500,293 600,001
Operating lease liabilities 16,449
Subordinated debentures 128,885 128,556
Other liabilities 29,673 27,516
Total liabilities 5,442,842 4,848,165
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred Stock: Authorized 5,000,000 shares
Common stock, no par value: Authorized 55,000,000 shares; issued 37,676,006 shares at December 31, 2019 and 34,392,464 shares at December 31, 2018; outstanding 35,072,066 shares at December 31, 2019 and 32,328,542 at December 31, 2018 468,571 412,546
Additional paid-in capital 21,344 15,542
Retained earnings 271,782 211,345
Treasury stock, at cost (2,603,940 shares at December 31, 2019 and 2,063,922 shares at December 31, 2018) (29,360) (16,717)
Accumulated other comprehensive loss (1,147) (8,789)
Total stockholders' equity 731,190 613,927
Total liabilities and stockholders' equity $ 6,174,032 $ 5,462,092