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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2019
Dec. 31, 2018
ASSETS    
Cash and due from banks $ 141,658 $ 86,195
Short-term investments 56,196 56,466
Total cash and cash equivalents 197,854 142,661
Available for sale debt securities, at fair value 1,083,601 1,063,079
Held to maturity debt securities (fair value of $479,827 at March 31, 2019 (unaudited) and $479,740 at December 31, 2018) 472,039 479,425
Equity securities, at fair value 724 635
Federal Home Loan Bank stock 68,634 68,813
Loans 7,223,844 7,250,588
Less allowance for loan losses 55,353 55,562
Net loans 7,168,491 7,195,026
Foreclosed assets, net 1,264 1,565
Banking premises and equipment, net 56,733 58,124
Accrued interest receivable 31,180 31,475
Intangible assets 417,688 418,178
Bank-owned life insurance 192,894 193,085
Other assets 111,512 73,703
Total assets 9,802,614 9,725,769
Deposits:    
Demand deposits 5,046,950 5,027,708
Savings deposits 1,051,904 1,051,922
Certificates of deposit of $100,000 or more 478,043 414,848
Other time deposits 326,559 335,644
Total deposits 6,903,456 6,830,122
Mortgage escrow deposits 27,363 25,568
Borrowed funds 1,398,490 1,442,282
Other liabilities 99,489 68,817
Total liabilities 8,428,798 8,366,789
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 66,502,750 shares outstanding at March 31, 2019 and 66,325,458 outstanding at December 31, 2018 832 832
Additional paid-in capital 1,023,671 1,021,533
Retained earnings 657,375 651,099
Accumulated other comprehensive loss (5,084) (12,336)
Treasury stock (274,005) (272,470)
Unallocated common stock held by the Employee Stock Ownership Plan (28,973) (29,678)
Common stock acquired by the Directors’ Deferred Fee Plan (4,337) (4,504)
Deferred compensation – Directors’ Deferred Fee Plan 4,337 4,504
Total stockholders’ equity 1,373,816 1,358,980
Total liabilities and stockholders’ equity $ 9,802,614 $ 9,725,769