v3.25.1
CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Mar. 31, 2025
Dec. 31, 2024
ASSETS    
Cash $ 106,336 $ 109,366
Interest-bearing deposits in other financial institutions 110,845 86,390
Cash and cash equivalents 217,181 195,756
Available-for-sale securities 535,914 533,373
Held-to-maturity securities 185,853 187,433
Mortgage loans held for sale 6,857 6,937
Loans receivable, net of allowance for credit losses of $64,704 - March 2025; $64,760 - December 2024 4,690,636 4,690,393
Interest receivable 21,504 20,430
Prepaid expenses and other assets 132,930 136,594
Other real estate owned and repossessions, net 6,036 5,993
Premises and equipment, net 132,165 132,466
Goodwill and other intangible assets 9,985 10,094
Federal Home Loan Bank stock and other interest-earning assets 25,813 28,392
Current and deferred income taxes 28,968 33,767
Total Assets 5,993,842 5,981,628
Liabilities:    
Deposits 4,758,046 4,605,549
Securities sold under reverse repurchase agreements with customers 75,322 64,444
Short-term borrowings and other interest-bearing liabilities 359,907 514,247
Subordinated debentures issued to capital trust 25,774 25,774
Subordinated notes 74,950 74,876
Accrued interest payable 5,416 12,761
Advances from borrowers for taxes and insurance 7,451 5,272
Accrued expenses and other liabilities 65,528 70,634
Liability for unfunded commitments 8,155 8,503
Total Liabilities 5,380,549 5,382,060
Stockholders' Equity:    
Serial preferred stock, $.01 par value; authorized 1,000,000 shares; issued and outstanding March 2025 and December 2024 - - 0 - shares
Common stock, $.01 par value; authorized 20,000,000 shares; issued and outstanding March 2025 - 11,565,211 shares; December 2024 - 11,723,548 shares 116 117
Additional paid-in capital 51,076 50,336
Retained earnings 606,239 603,477
Accumulated other comprehensive loss (44,138) (54,362)
Total Stockholders' Equity 613,293 599,568
Total Liabilities and Stockholders' Equity $ 5,993,842 $ 5,981,628