XML 50 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Condensed Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Cash and cash equivalents:    
Cash and amounts due from depository institutions $ 79,000 $ 46,254
Interest-bearing deposits 66,217 85,000
Cash and cash equivalents, federal funds sold 145,217 131,254
Securities available-for-sale, carried at fair value 534,206 283,448
Loans held for sale, carried at fair value 58,222  
Loans held for sale, at lower of cost or market 27,372 18,008
Loans receivable, net of allowance for credit losses of $85,859 at March 31, 2020 and $31,243 at December 31, 2019, respectively 5,028,058 2,746,321
Mortgage servicing rights 15,742 10,267
Accrued interest receivable 19,048 10,244
Federal Home Loan Bank stock 89,252 11,915
Bank owned life insurance 142,259 75,544
Premises and equipment 59,870 39,563
Real estate and other assets held for sale 548 100
Goodwill 317,520 100,069
Core deposit and other intangibles 35,540 3,772
Other assets 66,088 38,487
Total assets 6,538,942 3,468,992
Liabilities:    
Deposits 4,994,148 2,870,325
Advances from the Federal Home Loan Bank 486,000 85,063
Subordinated debentures 36,083 36,083
Securities sold under repurchase agreements 1,961 2,999
Advance payments by borrowers 23,962 5,491
Deferred taxes 3,642 905
Other liabilities 76,303 41,959
Total liabilities 5,622,099 3,042,825
Stockholders’ equity:    
Preferred stock, $.01 par value per share: 4,963,000 shares authorized; no shares issued
Common stock, $.01 par value per share: 50,000,000 shares authorized; 43,297,259 and 25,371,086 shares issued and 37,286,574 and 19,729,886 shares outstanding at March 31, 2020 and December 31, 2019, respectively 306 127
Additional paid-in capital 687,996 161,955
Accumulated other comprehensive income (loss), net of tax of $3,208 and $1,221, respectively 12,068 4,595
Retained earnings 295,467 329,175
Treasury stock, at cost, 6,011,529 shares at March 31, 2020 and 5,641,200 shares at December 31, 2019 (78,994) (69,685)
Total stockholders’ equity 916,843 426,167
Total liabilities and stockholders’ equity $ 6,538,942 $ 3,468,992