Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 275,159 $ 608,965
Securities available for sale, at fair value (amortized cost of $967,383 and $922,654 as of September 30, 2022 and December 31, 2021, respectively) 830,151 910,790
Loans held for sale, at the lower of cost or fair value 10,044 13,342
Loans receivable, net of allowance for credit losses of $71,584 and $72,557 as of September 30, 2022 and December 31, 2021, respectively 5,729,407 5,078,984
Accrued interest receivable 15,356 11,976
Premises and equipment, net 23,591 24,788
Customers' liability on acceptances 200  
Servicing assets 7,424 7,080
Goodwill and other intangible assets, net 11,267 11,395
Federal Home Loan Bank ("FHLB") stock, at cost 16,385 16,385
Income tax assets 66,217 44,060
Bank-owned life insurance 55,641 54,905
Prepaid expenses and other assets 87,669 75,917
Total assets 7,128,511 6,858,587
Deposits:    
Noninterest-bearing 2,771,498 2,574,517
Interest-bearing 3,429,878 3,211,752
Total deposits 6,201,376 5,786,269
Accrued interest payable 2,180 1,161
Bank's liability on acceptances 200  
Borrowings 100,000 137,500
Subordinated debentures ($136,800 and $224,100 face amount less unamortized discount and debt issuance costs of $7,539 and $9,094 as of September 30, 2022 and December 31, 2021, respectively) 129,261 215,006
Accrued expenses and other liabilities 86,601 75,234
Total liabilities 6,519,618 6,215,170
Stockholders' equity:    
Preferred stock, $0.001 par value; authorized 10,000,000 shares; no shares issued as of September 30, 2022 and December 31, 2021
Common stock, $0.001 par value; authorized 62,500,000 shares; issued 33,705,973 shares (30,484,004 shares outstanding) and 33,603,839 shares (30,407,261 shares outstanding) as of September 30, 2022 and December 31, 2021, respectively 33 33
Additional paid-in capital 582,695 580,796
Accumulated other comprehensive income (loss), net of tax benefit of $41,170 and $3,421 as of September 30, 2022 and December 31, 2021, respectively (96,062) (8,443)
Retained earnings 248,684 196,784
Less treasury stock; 3,221,969 shares and 3,196,578 shares as of September 30, 2022 and December 31, 2021, respectively (126,457) (125,753)
Total stockholders' equity 608,893 643,417
Total liabilities and stockholders' equity $ 7,128,511 $ 6,858,587