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Consolidated Statements of Financial Condition (Current Period Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 51,215 $ 35,857
Securities held-to-maturity:    
Other securities (none pledged) (fair value of $34,152 and $35,408 at March 31, 2017 and December 31, 2016, respectively) 36,406 37,735
Securities available for sale:    
Mortgage-backed securities (including assets pledged of $91,929 and $145,860 at March 31, 2017 and December 31, 2016, respectively; $1,898 and $2,016 at fair value pursuant to the fair value option at March 31, 2017 and December 31, 2016, respectively) 537,905 516,476
Other securities (including assets pledged of $136,143 and $82,064 at March 31, 2017 and December 31, 2016, respectively; $28,526 and $28,429 at fair value pursuant to the fair value option at March 31, 2017 and December 31, 2016, respectively) 346,238 344,905
Loans:    
Net unamortized premiums and unearned loan fees 16,836 16,559
Allowance for loan losses (22,211) (22,229)
Net loans 4,952,380 4,813,464
Interest and dividends receivable 20,602 20,228
Bank premises and equipment, net 26,026 26,561
Federal Home Loan Bank of New York stock 57,384 59,173
Bank owned life insurance 129,824 132,508
Goodwill 16,127 16,127
Other assets 57,378 55,453
Total assets 6,231,485 6,058,487
LIABILITIES    
Non-interest bearing 344,028 333,163
Certificate of deposit accounts 1,411,819 1,372,115
Savings accounts 254,822 254,283
Money market accounts 851,129 843,370
NOW accounts 1,487,120 1,362,484
Total interest-bearing deposits 4,004,890 3,832,252
Mortgagors' escrow deposits 61,828 40,216
Federal Home Loan Bank advances 1,119,837 1,159,190
Subordinated debentures 73,479 73,414
Junior subordinated debentures, at fair value 34,536 33,959
Total borrowed funds 1,227,852 1,266,563
Other liabilities 67,485 72,440
Total liabilities 5,706,083 5,544,634
Commitments and contingencies
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 March 31, 2017 and December 31, 2016; 28,811,160 shares and 28,632,904 shares outstanding at March 31, 2017 and December 31, 2016, respectively) 315 315
Additional paid-in capital 215,501 214,462
Treasury stock, at average cost (2,719,435 shares and 2,897,691 shares at March 31, 2017 and December 31, 2016, respectively) (51,224) (53,754)
Retained earnings 367,944 361,192
Accumulated other comprehensive loss, net of taxes (7,134) (8,362)
Total stockholders' equity 525,402 513,853
Total liabilities and stockholders' equity 6,231,485 6,058,487
Multi-Family Residential [Member]    
Loans:    
Loan Receivable 2,261,946 2,178,504
Commercial Real Estate Loans [Member]    
Loans:    
Loan Receivable 1,268,770 1,246,132
One-To-Four Family - Mixed Used Property [Member]    
Loans:    
Loan Receivable 561,355 558,502
One-To-Four Family - Residential [Member]    
Loans:    
Loan Receivable 184,201 185,767
Co-Operative Apartments [Member]    
Loans:    
Loan Receivable 7,216 7,418
Construction [Member]    
Loans:    
Loan Receivable 12,413 11,495
Small Business Administration [Member]    
Loans:    
Loan Receivable 10,519 15,198
Taxi Medallion [Member]    
Loans:    
Loan Receivable 18,832 18,996
Commercial Business and Other [Member]    
Loans:    
Loan Receivable $ 632,503 $ 597,122