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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Assets    
Cash and due from banks $ 35,857 $ 42,363
Securities held-to-maturity:    
Other securities (none pledged; fair value of $35,408 and $6,180 at December 31, 2016 and 2015, respectively) 37,735 6,180
Securities available for sale, at fair value:    
Mortgage-backed securities (including assets pledged of $145,860 and $496,121 at December 31, 2016 and 2015, respectively; $2,016 and $2,527 at fair value pursuant to the fair value option atDecember 31, 2016 and 2015, respectively) 516,476 668,740
Other securities (including assets pledged of $82,064 and none at December 31, 2016 and 2015, respectively ; $28,429 and $28,205 at fair value pursuant to the fair value option at December 31, 2016 and 2015, respectively) 344,905 324,657
Loans, net of fees and costs 4,835,693 4,387,979
Less: Allowance for loan losses (22,229) (21,535)
Net loans 4,813,464 4,366,444
Interest and dividends receivable 20,228 18,937
Bank premises and equipment, net 26,561 25,622
Federal Home Loan Bank of New York stock, at cost 59,173 56,066
Bank owned life insurance 132,508 115,536
Goodwill 16,127 16,127
Other assets 55,453 63,962
Total assets 6,058,487 5,704,634
Liabilities    
Non-interest bearing 333,163 269,469
Interest-bearing 3,832,252 3,586,234
Mortgagors' escrow deposits 40,216 36,844
Federal Home Loan Bank advances 1,159,190 1,106,658
Securities sold under agreements to repurchase 0 116,000
Federal funds purchased 0 20,000
Subordinated debentures 73,414 0
Junior subordinated debentures, at fair value 33,959 29,018
Total borrowed funds 1,266,563 1,271,676
Other liabilities 72,440 67,344
Total liabilities 5,544,634 5,231,567
Commitments and contingencies (Note 15)
Stockholders' Equity    
Preferred stock ($0.01 par value; 5,000,000 shares authorized; none issued) 0 0
Common stock ($0.01 par value; 100,000,000 shares authorized; 31,530,595 shares issued at December 31, 2016 and 2015; 28,632,904 shares and 28,830,558 shares outstanding at December 31, 2016 and 2015, respectively) 315 315
Additional paid-in capital 214,462 210,652
Treasury stock, at average cost (2,897,691 shares and 2,700,037 at December 31, 2016 and 2015, respectively) (53,754) (48,868)
Retained earnings 361,192 316,530
Accumulated other comprehensive loss, net of taxes (8,362) (5,562)
Total stockholders' equity 513,853 473,067
Total liabilities and stockholders' equity $ 6,058,487 $ 5,704,634