v3.26.1
Consolidated Statements of Condition (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Cash and due from banks $ 39,472 $ 92,406
Interest-bearing deposits with banks 304,999 288,489
Cash and cash equivalents 344,471 380,895
Investment securities 1,196,384 1,250,938
Equity securities 19,422 19,287
Loans held-for-sale 10,222 391
Loans receivable 11,735,596 11,453,280
Less: Allowance for credit losses - loans 153,056 154,305
Net loans receivable 11,582,540 11,298,975
Investment in restricted stock, at cost 51,464 54,722
Bank premises and equipment, net 54,765 55,285
Accrued interest receivable 62,473 60,761
Bank owned life insurance 373,664 370,713
Right of use operating lease assets 27,960 29,603
Goodwill 220,235 220,235
Other assets 208,883 200,972
Total assets 14,209,561 14,002,700
Deposits:    
Noninterest-bearing 2,393,938 2,420,397
Interest-bearing 9,119,115 8,820,218
Total deposits 11,513,053 11,240,615
Borrowings 827,477 903,489
Subordinated debentures, net 202,050 201,864
Operating lease liabilities 30,560 32,446
Other liabilities 44,874 50,946
Total liabilities 12,618,014 12,429,360
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY    
Preferred Stock, no par value: 1,000 per share liquidation preference; Authorized 5,000,000 shares; issued 115,000 shares as of March 31, 2026 and as of December 31, 2025; outstanding 115,000 shares as of March 31, 2026 and as of December 31, 2025 110,927 110,927
Common stock, no par value: Authorized 100,000,000 shares; issued 54,264,042 shares as of March 31, 2026 and 54,157,402 shares as of December 31, 2025; outstanding 50,288,494 shares as of March 31, 2026 and 50,271,854 as of December 31, 2025 857,765 857,765
Additional paid-in capital 38,257 38,763
Retained earnings 701,154 673,897
Treasury stock, at cost: 3,975,548 shares as of March 31, 2026 and 3,885,548 shares as of December 31, 2025 (78,507) (76,116)
Accumulated other comprehensive loss (38,049) (31,896)
Total stockholders’ equity 1,591,547 1,573,340
Total liabilities and stockholders’ equity 14,209,561 14,002,700
Core Deposits [Member]    
ASSETS    
Core deposit intangibles $ 57,078 $ 59,923