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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Cash and cash equivalents:    
Cash and amounts due from depository institutions $ 79,593 $ 46,254
Federal funds sold 79,673 85,000
Cash and cash equivalents, federal funds sold 159,266 131,254
Securities available-for-sale, carried at fair value 736,654 283,448
Equity securities 1,090  
Marketable Securities, Total 737,744 283,448
Loans held for sale, at fair value at December 31, 2020 221,616 18,008
Loans receivable, net of allowance for credit losses of $82,079 and $31,243 at December 31, 2020 and 2019, respectively 5,409,161 2,746,321
Mortgage servicing rights 13,153 10,267
Accrued interest receivable 25,434 10,244
Federal Home Loan Bank (FHLB) stock 16,026 11,915
Bank owned life insurance 144,784 75,544
Premises and equipment 58,665 39,563
Real estate and other assets held for sale (OREO) 343 100
Goodwill 317,948 100,069
Core deposit and other intangibles 30,337 3,772
Other assets 77,257 38,487
Total assets 7,211,734 3,468,992
Deposits:    
Noninterest-bearing 1,597,262 630,359
Interest-bearing 4,450,579 2,239,966
Total 6,047,841 2,870,325
Advances from the Federal Home Loan Bank   85,063
Securities sold under agreements to repurchase   2,999
Subordinated debentures 84,860 36,083
Advance payments by borrowers 21,748 5,491
Reserve for credit losses - unfunded commitments 5,350 571
Other liabilities 69,659 42,293
Total liabilities 6,229,458 3,042,825
Commitments and Contingent Liabilities (Note 6)
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; 43,297,260 and 25,371,086 shares issued and 37,291,480 and 19,729,886 shares outstanding, respectively 306 127
Additional paid-in capital 689,390 161,955
Accumulated other comprehensive income, net of tax of $3,988 and $1,221, respectively 15,004 4,595
Retained earnings 356,414 329,175
Treasury stock, at cost, 6,005,780 and 5,641,200 shares respectively (78,838) (69,685)
Total stockholders’ equity 982,276 426,167
Total liabilities and stockholders’ equity $ 7,211,734 $ 3,468,992