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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and due from banks $ 91,192 $ 139,557
Short-term investments 50,761 51,277
Total cash and cash equivalents 141,953 190,834
Available for sale debt securities, at fair value 1,052,534 1,037,154
Held to maturity debt securities (fair value of $472,185 at June 30, 2018 (unaudited) and $485,039 at December 31, 2017) 473,825 477,652
Equity securities, at fair value 687 658
Federal Home Loan Bank stock 76,772 81,184
Loans 7,253,242 7,325,718
Less allowance for loan losses 58,819 60,195
Net loans 7,194,423 7,265,523
Foreclosed assets, net 6,537 6,864
Banking premises and equipment, net 60,348 63,185
Accrued interest receivable 29,735 29,646
Intangible assets 419,180 420,290
Bank-owned life insurance 192,082 189,525
Other assets 84,836 82,759
Total assets 9,732,912 9,845,274
Deposits:    
Demand deposits 4,953,994 4,996,345
Savings deposits 1,070,397 1,083,012
Certificates of deposit of $100,000 or more 325,653 316,074
Other time deposits 323,905 318,735
Total deposits 6,673,949 6,714,166
Mortgage escrow deposits 30,106 25,933
Borrowed funds 1,641,539 1,742,514
Other liabilities 76,056 64,000
Total liabilities 8,421,650 8,546,613
Stockholders’ Equity:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued 0 0
Common stock, $0.01 par value, 200,000,000 shares authorized, 83,209,293 shares issued and 66,780,853 shares outstanding at June 30, 2018 and 66,535,017 outstanding at December 31, 2017 832 832
Additional paid-in capital 1,017,256 1,012,908
Retained earnings 606,423 586,132
Accumulated other comprehensive loss (19,912) (7,465)
Treasury stock (260,908) (259,907)
Unallocated common stock held by the Employee Stock Ownership Plan (32,429) (33,839)
Common stock acquired by the Directors’ Deferred Fee Plan (4,840) (5,175)
Deferred compensation – Directors’ Deferred Fee Plan 4,840 5,175
Total stockholders’ equity 1,311,262 1,298,661
Total liabilities and stockholders’ equity $ 9,732,912 $ 9,845,274