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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 59,442 $ 65,717
Interest-bearing deposits with banks 223,367 135,766
Cash and cash equivalents 282,809 201,483
Securities available-for-sale 446,738 404,701
Equity securities 13,363 11,185
Loans held-for-sale 32,425 33,250
Loans receivable 6,009,310 5,113,527
Less: Allowance for loan losses 54,169 38,293
Net loans receivable 5,955,141 5,075,234
Investment in restricted stock, at cost 38,554 27,397
Bank premises and equipment, net 32,864 19,236
Accrued interest receivable 24,317 20,949
Bank owned life insurance 163,929 137,961
Right of use operating lease assets 26,924 15,137
Goodwill 208,379 162,574
Core deposit intangibles 12,884 5,460
Other assets 41,000 59,465
Total assets 7,279,327 6,174,032
Deposits:    
Noninterest-bearing 979,778 861,728
Interest-bearing 4,529,414 3,905,814
Total deposits 5,509,192 4,767,542
Borrowings 726,856 500,293
Operating lease liabilities 28,731 16,449
Subordinated debentures, net 128,967 128,885
Other liabilities 31,871 29,673
Total liabilities 6,425,617 5,442,842
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred Stock: Authorized 5,000,000 shares
Common stock, no par value: Authorized 55,000,000 shares; issued 42,363,554 shares at March 31, 2020 and 37,676,006 shares at December 31, 2019; outstanding 39,704,921 shares at March 31, 2020 and 35,072,066 at December 31, 2019 586,946 468,571
Additional paid-in capital 21,746 21,344
Retained earnings 273,825 271,782
Treasury stock, at cost 2,658,633 common shares at March 31, 2020 and 2,603,940 at December 31, 2019 (30,271) (29,360)
Accumulated other comprehensive income (loss) 1,464 (1,147)
Total stockholders' equity 853,710 731,190
Total liabilities and stockholders' equity $ 7,279,327 $ 6,174,032