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CONSOLIDATED STATEMENTS OF CONDITION - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 59,148 $ 63,637
Interest-bearing deposits with banks 290,269 240,119
Cash and cash equivalents 349,417 303,756
Investment securities 458,933 487,955
Equity securities 13,223 13,387
Loans held-for-sale 6,159 4,710
Loans receivable 6,407,904 6,236,307
Less: Allowance for credit losses - loans 78,684 79,226
Net loans receivable 6,329,220 6,157,081
Investment in restricted stock, at cost 22,563 25,099
Bank premises and equipment, net 28,811 30,108
Accrued interest receivable 34,001 35,317
Bank owned life insurance 193,209 165,960
Right of use operating lease assets 12,504 16,159
Goodwill 208,372 208,372
Core deposit intangibles 9,963 10,977
Other assets 43,707 88,458
Total assets 7,710,082 7,547,339
Deposits:    
Noninterest-bearing 1,485,952 1,339,108
Interest-bearing 4,706,561 4,620,116
Total deposits 6,192,513 5,959,224
Borrowings 353,462 425,954
Subordinated debentures, net 152,800 202,648
Operating lease liabilities 14,235 18,026
Other liabilities 32,112 26,177
Total liabilities 6,745,122 6,632,029
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY    
Preferred Stock: Authorized 5,000,000 shares
Common stock, no par value: Authorized 50,000,000 shares; issued 42,547,077 shares as of June 30, 2021 and 42,444,031 shares as of December 31, 2020; outstanding 39,794,815 shares as of June 30, 2021 and 39,785,398 as of December 31, 2020 586,946 586,946
Additional paid-in capital 24,606 23,887
Retained earnings 386,280 331,951
Treasury stock, at cost 2,752,262 common shares as of June 30, 2021 and 2,658,633 as of December 31, 2020 (32,682) (30,271)
Accumulated other comprehensive (loss) income (190) 2,797
Total stockholders' equity 964,960 915,310
Total liabilities and stockholders' equity $ 7,710,082 $ 7,547,339