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, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 312,491 $ 608,965
Securities available for sale, at fair value (amortized cost of $941,007 and $922,654 as of March 31, 2022 and December 31, 2021, respectively) 876,980 910,790
Loans held for sale, at the lower of cost or fair value 15,617 13,342
Loans receivable, net of allowance for credit losses of $71,512 and $72,557 as of March 31, 2022 and December 31, 2021, respectively 5,265,988 5,078,984
Accrued interest receivable 12,289 11,976
Premises and equipment, net 24,410 24,788
Customers' liability on acceptances 182  
Servicing assets 7,202 7,080
Goodwill and other intangible assets, net 11,353 11,395
Federal Home Loan Bank ("FHLB") stock, at cost 16,385 16,385
Income tax assets 51,939 44,060
Bank-owned life insurance 55,149 54,905
Prepaid expenses and other assets 87,067 75,917
Total assets 6,737,052 6,858,587
Deposits:    
Noninterest-bearing 2,678,726 2,574,517
Interest-bearing 3,104,444 3,211,752
Total deposits 5,783,170 5,786,269
Accrued interest payable 966 1,161
Bank's liability on acceptances 182  
Borrowings 125,000 137,500
Subordinated debentures ($136,800 and $224,100 face amount less unamortized discount and debt issuance costs of $7,833 and $9,094 as of March 31, 2022 and December 31, 2021, respectively) 128,967 215,006
Accrued expenses and other liabilities 77,315 75,234
Total liabilities 6,115,600 6,215,170
Stockholders' equity:    
Preferred stock, $0.001 par value; authorized 10,000,000 shares; no shares issued as of March 31, 2022 and December 31, 2021
Common stock, $0.001 par value; authorized 62,500,000 shares; issued 33,670,197 shares (30,468,458 shares outstanding) and 33,603,839 shares (30,407,261 shares outstanding) as of March 31, 2022 and December 31, 2021, respectively 33 33
Additional paid-in capital 581,337 580,796
Accumulated other comprehensive (loss) income, net of tax benefit of $19,208 and $3,421 as of March 31, 2022 and December 31, 2021, respectively (44,819) (8,443)
Retained earnings 210,788 196,784
Less treasury stock; 3,201,739 shares and 3,196,578 shares as of March 31, 2022 and December 31, 2021, respectively (125,887) (125,753)
Total stockholders' equity 621,452 643,417
Total liabilities and stockholders' equity $ 6,737,052 $ 6,858,587