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Consolidated Statements of Financial Condition (Current Period Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 86,989 $ 118,561
Securities held-to-maturity:    
Held to maturity securities 60,040 32,018
Securities available for sale, at fair value:    
Securities available for sale 825,475 822,655
Loans:    
Net unamortized premiums and unearned loan fees 15,363 15,188
Allowance for loan losses (22,035) (20,945)
Net loans 5,743,728 5,530,539
Interest and dividends receivable 26,566 25,485
Bank premises and equipment, net 28,146 30,418
Federal Home Loan Bank of New York stock, at cost 65,280 57,282
Bank owned life insurance 158,604 131,788
Goodwill 16,127 16,127
Other real estate owned, net 239 0
Right of Use Asset 42,400 0
Other assets 57,301 69,303
Total assets 7,110,895 6,834,176
Liabilities    
Non-interest bearing 421,786 413,747
Interest-bearing 4,490,723 4,502,176
Total Deposits 4,912,509 4,915,923
Mortgagors' escrow deposits 61,803 44,861
Borrowed funds:    
Federal Home Loan Bank advances 1,304,296 1,134,993
Subordinated debentures 74,234 74,001
Junior subordinated debentures, at fair value 43,910 41,849
Total borrowed funds 1,422,440 1,250,843
Operating lease liability 50,626 0
Other liabilities 95,125 73,085
Total liabilities 6,542,503 6,284,712
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 September 30, 2019 and December 31, 2018; 28,157,206 shares and 27,983,637 shares outstanding at September 30, 2019 and December 31, 2018, respectively) 315 315
Additional paid-in capital 225,471 222,720
Treasury stock, at average cost (3,373,389 shares and 3,546,958 shares at September 30, 2019 and December 31, 2018, respectively) (71,487) (75,146)
Retained earnings 427,062 414,327
Accumulated other comprehensive loss, net of taxes (12,969) (12,752)
Total stockholders' equity 568,392 549,464
Total liabilities and stockholders' equity 7,110,895 6,834,176
Multi-Family Residential [Member]    
Loans:    
Loans receivable 2,232,305 2,269,048
Commercial Real Estate Portfolio Segment [Member]    
Loans:    
Loans receivable 1,559,581 1,542,547
One-To-Four Family - Mixed-Use Property Portfolio Segment [Member]    
Loans:    
Loans receivable 587,100 577,741
One-To-Four Family - Residential Portfolio Segment [Member]    
Loans:    
Loans receivable 184,432 190,350
Co-Operative Apartments Portfolio Segment [Member]    
Loans:    
Loans receivable 9,089 8,498
Construction Portfolio Segment [Member]    
Loans:    
Loans receivable 64,234 50,600
Small Business Administration Portfolio Segment [Member]    
Loans:    
Loans receivable 13,982 15,210
Taxi Medallion Portfolio Segment [Member]    
Loans:    
Loans receivable 3,513 4,539
Commercial Business and Other Portfolio Segment [Member]    
Loans:    
Loans receivable 1,096,164 877,763
Collateralized Mortgage Backed Securities [Member]    
Securities held-to-maturity:    
Held to maturity securities 7,939 7,953
Securities available for sale, at fair value:    
Securities available for sale 579,010 557,953
Other Debt Obligations [Member]    
Securities held-to-maturity:    
Held to maturity securities 52,101 24,065
Securities available for sale, at fair value:    
Securities available for sale $ 246,465 $ 264,702