Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 290,546 $ 121,678
Securities available for sale, at fair value (amortized cost of $605,530, as of March 31, 2020 and $629,725 as of December 31, 2019) 622,206 634,477
Loans held for sale, at the lower of cost or fair value   6,020
Loans receivable, net of allowance for credit losses of $66,500 as of March 31, 2020 and $61,408 as of December 31, 2019 4,477,136 4,548,739
Accrued interest receivable 11,536 11,742
Premises and equipment, net 26,374 26,070
Customers' liability on acceptances 102 66
Servicing assets 6,727 6,956
Goodwill and other intangible assets, net 11,808 11,873
Federal Home Loan Bank ("FHLB") stock, at cost 16,385 16,385
Income tax assets 39,445 36,787
Bank-owned life insurance 53,058 52,782
Prepaid expenses and other assets 62,367 64,609
Total assets 5,617,690 5,538,184
Deposits:    
Noninterest-bearing 1,366,270 1,391,624
Interest-bearing 3,215,797 3,307,338
Total deposits 4,582,068 4,698,962
Accrued interest payable 9,693 11,215
Bank's liability on acceptances 102 66
FHLB borrowings 300,000 90,000
Subordinated debentures ($126,800 face amount less unamortized discount and debt issuance costs of $8,277) 118,523 118,377
Accrued expenses and other liabilities 54,347 56,297
Total liabilities 5,064,732 4,974,917
Stockholders' equity:    
Preferred Stock, $0.001 par value; authorized 10,000,000 shares; no shares issued as of March 31, 2020 and December 31, 2019
Common stock, $0.001 par value; authorized 62,500,000 shares; issued 33,448,214 shares (30,622,741 shares outstanding) as of March 31, 2020 and issued 33,475,402 shares (30,799,624 shares outstanding) as of December 31, 2019 33 33
Additional paid-in capital 576,585 575,816
Accumulated other comprehensive income, net of tax expense of $4,809 as of March 31, 2020 and $1,370 as of December 31, 2019 11,867 3,382
Retained earnings 83,355 100,551
Less treasury stock; 2,825,473 shares as of March 31, 2020 and 2,675,778 shares as of December 31, 2019 (118,882) (116,515)
Total stockholders' equity 552,958 563,267
Total liabilities and stockholders' equity $ 5,617,690 $ 5,538,184