Consolidated Balance Sheets - USD ($)
$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
| Assets |
|
|
| Cash and due from banks |
$ 38,565
|
$ 24,306
|
| Interest earning deposits with financial institutions |
713,542
|
305,597
|
| Cash and cash equivalents |
752,107
|
329,903
|
| Securities available-for-sale, at fair value |
1,692,488
|
496,178
|
| Federal Home Loan Bank Chicago ("FHLBC") and Federal Reserve Bank Chicago ("FRBC") stock |
13,257
|
9,917
|
| Loans held-for-sale |
4,737
|
12,611
|
| Loans |
3,421,948
|
2,034,851
|
| Less: allowance for credit losses on loans |
44,281
|
33,855
|
| Net loans |
3,377,667
|
2,000,996
|
| Premises and equipment, net |
88,005
|
45,477
|
| Other real estate owned |
2,356
|
2,474
|
| Mortgage servicing rights, at fair value |
7,097
|
4,224
|
| Goodwill |
86,332
|
18,604
|
| Core deposit intangible |
16,304
|
2,177
|
| Bank-owned life insurance ("BOLI") |
105,300
|
63,102
|
| Deferred tax assets, net |
6,100
|
8,121
|
| Other assets |
60,439
|
47,053
|
| Total assets |
6,212,189
|
3,040,837
|
| Deposits: |
|
|
| Noninterest bearing demand |
1,428,055
|
909,505
|
| Interest bearing: |
|
|
| Savings, NOW, and money market |
3,534,367
|
1,202,134
|
| Time |
503,810
|
425,434
|
| Total deposits |
5,466,232
|
2,537,073
|
| Securities sold under repurchase agreements |
50,337
|
66,980
|
| Junior subordinated debentures |
25,773
|
25,773
|
| Subordinated debentures |
59,212
|
|
| Senior notes |
44,480
|
44,375
|
| Notes payable and other borrowings |
19,074
|
23,393
|
| Other liabilities |
45,054
|
36,156
|
| Total liabilities |
5,710,162
|
2,733,750
|
| Stockholders' Equity |
|
|
| Common stock |
44,705
|
34,957
|
| Additional paid-in capital |
202,443
|
122,212
|
| Retained earnings |
252,011
|
236,579
|
| Accumulated other comprehensive income |
8,768
|
14,762
|
| Treasury stock |
(5,900)
|
(101,423)
|
| Total stockholders' equity |
502,027
|
307,087
|
| Total liabilities and stockholders' equity |
$ 6,212,189
|
$ 3,040,837
|