XML 22 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Financial Condition (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Assets    
Cash and due from banks $ 55,721 $ 47,789
Securities available for sale:    
Mortgage-backed securities (including assets pledged of $595,631 and $608,890 at December 31, 2011 and 2010, respectively; $37,787 and $51,475 at fair value pursuant to the fair value option at December 31, 2011 and 2010, respectively) 747,288 754,077
Other securities ($30,942 and $21,574 at fair value pursuant to the fair value option at December 31, 2011 and 2010, respectively) 65,242 50,112
Loans 3,228,881 3,276,329
Less: Allowance for loan losses (30,344) (27,699)
Net loans 3,198,537 3,248,630
Interest and dividends receivable 17,965 19,475
Bank premises and equipment, net 24,417 23,041
Federal Home Loan Bank of New York stock 30,245 31,606
Bank owned life insurance 83,454 76,129
Goodwill 16,127 16,127
Core deposit intangible, net 937 1,405
Other assets 48,016 56,354
Total assets 4,287,949 4,324,745
Due to depositors:    
Non-interest bearing 118,507 96,198
Interest-bearing 2,997,952 3,067,097
Mortgagors' escrow deposits 29,786 27,315
Borrowed funds ($26,311 and $32,226 at fair value pursuant to the fair value option at December 31, 2011 and 2010, respectively) 499,839 542,683
Securities sold under agreements to repurchase 185,300 166,000
Other liabilities 39,654 35,407
Total liabilities 3,871,038 3,934,700
Commitments and contingencies (Note 14)      
Stockholders' Equity    
Preferred stock ($0.01 par value; 5,000,000 shares authorized; none issued      
Common stock ($0.01 par value; 100,000,000 shares authorized; 31,530,595 shares and 31,255,934 shares issued at December 31, 2011 and 2010, respectively; 30,904,177 shares and 31,255,934 shares outstanding at December 31, 2011 and 2010, respectively) 315 313
Additional paid-in capital 195,628 189,348
Treasury stock, at average cost (626,418 shares and none at December 31, 2011 and 2010, respectively) (7,355)  
Retained earnings 223,510 204,128
Accumulated other comprehensive income (loss), net of taxes 4,813 (3,744)
Total stockholders' equity 416,911 390,045
Total liabilities and stockholders' equity $ 4,287,949 $ 4,324,745