v3.25.2
Condensed Consolidated Statements of Financial Condition (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
ASSETS    
Cash on hand and in banks $ 90,754 $ 58,821
Interest earning deposits 163,342 58,279
Cash and cash equivalents 254,096 117,100
Investment securities available for sale, at fair value, net (amortized cost of $704,207 and $835,592, respectively) 656,452 764,394
Investment securities held to maturity, at amortized cost, net (fair value of $629,658 and $623,452, respectively) 689,822 703,285
Debt Securities, Available-for-Sale and Held-to-Maturity, after Allowance for Credit Loss, Total 1,346,274 1,467,679
Loans receivable 4,774,855 4,802,123
Allowance for credit losses on loans (52,529) (52,468)
Loans receivable, net 4,722,326 4,749,655
Premises and equipment, net 71,111 71,580
Federal Home Loan Bank stock, at cost 16,107 21,538
Bank owned life insurance 104,456 111,699
Accrued interest receivable 18,559 19,483
Prepaid expenses and other assets 294,225 303,452
Other intangible assets, net 2,548 3,153
Goodwill 240,939 240,939
Total assets 7,070,641 7,106,278
Noninterest-Bearing Deposit Liabilities 1,584,231 1,654,955
Interest-Bearing Deposit Liabilities 4,200,182 4,029,658
LIABILITIES AND STOCKHOLDERS' EQUITY    
Total deposits 5,784,413 5,684,613
Borrowings 263,200 383,000
Junior subordinated debentures 22,204 22,058
Accrued expenses and other liabilities 112,612 153,080
Total liabilities 6,182,429 6,242,751
Stockholders’ equity:    
Preferred stock, no par value, 2,500,000 shares authorized; no shares issued and outstanding, respectively 0 0
Common stock, no par value, 50,000,000 shares authorized; 33,953,194 and 33,990,827 shares issued and outstanding, respectively 528,758 531,674
Retained earnings 396,643 387,097
Accumulated other comprehensive loss, net (37,189) (55,244)
Total stockholders’ equity 888,212 863,527
Total liabilities and stockholders’ equity $ 7,070,641 $ 7,106,278