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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 63,637 $ 65,717
Interest-bearing deposits with banks 240,119 135,766
Cash and cash equivalents 303,756 201,483
Securities available-for-sale 487,955 404,701
Equity securities 13,387 11,185
Loans held-for-sale 4,710 33,250
Loans receivable 6,236,307 5,113,527
Less: Allowance for loan losses 79,226 38,293
Net loans receivable 6,157,081 5,075,234
Investment in restricted stock, at cost 25,099 27,397
Bank premises and equipment, net 30,108 19,236
Accrued interest receivable 35,317 20,949
Bank owned life insurance 165,960 137,961
Right of use operating lease assets 16,159 15,137
Goodwill 208,372 162,574
Core deposit intangibles 10,977 5,460
Other assets 88,458 59,465
Total assets 7,547,339 6,174,032
Deposits:    
Noninterest-bearing 1,339,108 861,728
Interest-bearing 4,620,116 3,905,814
Total deposits 5,959,224 4,767,542
Borrowings 425,954 500,293
Operating lease liabilities 18,026 16,449
Subordinated debentures, net of debt issuance costs 202,648 128,885
Other liabilities 26,177 29,673
Total liabilities 6,632,029 5,442,842
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred Stock: Authorized 5,000,000 shares
Common stock, no par value: Authorized 50,000,000 shares; issued 42,444,031 shares as of December 31, 2020 and 37,676,006 shares as of December 31, 2019; outstanding 39,785,398 shares as of December 31, 2020 and 35,072,066 as of December 31, 2019 586,946 468,571
Additional paid-in capital 23,887 21,344
Retained earnings 331,951 271,782
Treasury stock, at cost (2,658,633 shares as of December 31, 2020 and 2,603,940 shares as of December 31, 2019) (30,271) (29,360)
Accumulated other comprehensive income (loss) 2,797 (1,147)
Total stockholders' equity 915,310 731,190
Total liabilities and stockholders' equity $ 7,547,339 $ 6,174,032