CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Unaudited) - USD ($)
$ in Thousands |
Mar. 31, 2018 |
Dec. 31, 2017 |
| Assets |
|
|
| Cash |
$ 53,000
|
$ 22,306
|
| Federal funds sold |
27,143
|
17,034
|
| Interest-earning deposits in other financial institutions and other short term investments |
3,264
|
9,267
|
| Cash and cash equivalents |
83,407
|
48,607
|
| Securities available for sale (at fair value) |
186,983
|
199,707
|
| Loans held for sale (at fair value) |
127,638
|
149,896
|
| Loans receivable |
1,314,672
|
1,291,814
|
| Less: Allowance for loan losses |
13,190
|
14,077
|
| Loans receivable, net |
1,301,482
|
1,277,737
|
| Office properties and equipment, net |
22,592
|
22,941
|
| Federal Home Loan Bank stock (at cost) |
18,675
|
16,875
|
| CSV of line insurance |
66,324
|
65,996
|
| Real estate owned, net |
3,374
|
4,558
|
| Prepaid expenses and other assets |
28,789
|
20,084
|
| Total assets |
1,839,264
|
1,806,401
|
| Liabilities: |
|
|
| Demand deposits |
131,520
|
129,597
|
| Money market and savings deposits |
145,506
|
148,804
|
| Time deposits |
697,198
|
688,979
|
| Total deposits |
974,224
|
967,380
|
| Borrowings |
434,365
|
386,285
|
| Advance payments by borrowers for taxes |
12,004
|
4,876
|
| Other liabilities |
21,252
|
35,756
|
| Total liabilities |
1,441,845
|
1,394,297
|
| Shareholders' equity: |
|
|
| Preferred stock (par value $.01 per share) Authorized - 50,000,000 shares in 2017 and in 2016, no shares issued |
0
|
0
|
| Common stock (par value $.01 per share) Authorized - 100,000,000 shares in 2017 and in 2016, Issued - 29,554,466 in 2017 and 29,430,123 in 2016, Outstanding - 29,554,466 in 2017 and 29,430,123 in 2016 |
293
|
295
|
| Additional paid-in capital |
327,748
|
326,655
|
| Retained earnings |
173,163
|
183,358
|
| Unearned ESOP shares |
(18,694)
|
(18,991)
|
| Accumulated other comprehensive income (loss), net of taxes |
(2,631)
|
(477)
|
| Cost of shares repurchased (5,957,833 shares at September 30, 2017 and 5,908,150 shares at December 31, 2016) |
(82,460)
|
(78,736)
|
| Total shareholders' equity |
397,419
|
412,104
|
| Total liabilities and shareholders' equity |
$ 1,839,264
|
$ 1,806,401
|