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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 178,598 $ 157,388
Securities held-to-maturity:    
Held to maturity securities 57,888 57,832
Securities available for sale, at fair value:    
Securities available for sale 796,799 647,974
Loans:    
Net unamortized premiums and unearned loan fees 3,265 3,045
Allowance for Credit losses - Loans (36,363) (45,153)
Net loans 6,593,991 6,659,521
Interest and dividends receivable 40,912 44,041
Bank premises and equipment, net 24,018 28,179
Federal Home Loan Bank of New York stock, at cost 36,158 43,439
Bank owned life insurance 184,730 181,710
Goodwill 17,636 17,636
Core deposit intangibles 2,708 3,172
Right of Use Asset 50,155 50,743
Other assets 93,741 84,759
Total assets 8,077,334 7,976,394
Liabilities    
Non-interest bearing 941,259 778,672
Interest-bearing 5,480,132 5,312,061
Total Deposits 6,421,391 6,090,733
Mortgagors' escrow deposits 67,207 45,622
Borrowed funds:    
Federal Home Loan Bank advances 611,186 887,579
Subordinated debentures 90,161 90,180
Junior subordinated debentures, at fair value 51,578 43,136
Total borrowed funds 752,925 1,020,895
Operating lease liability 54,239 59,100
Other liabilities 113,476 141,047
Total liabilities 7,409,238 7,357,397
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; 34,087,623 shares issued at September 30, 2021 and December 31, 2020; 30,675,861 shares and 30,775,854 shares outstanding at September 30, 2021 and December 31, 2020, respectively) 341 341
Additional paid-in capital 262,009 261,533
Treasury stock, at average cost (3,411,762 shares and 3,373,389 shares at September 30, 2021 and December 31, 2020, respectively) (71,738) (69,400)
Retained earnings 486,418 442,789
Accumulated other comprehensive loss, net of taxes (8,934) (16,266)
Total stockholders' equity 668,096 618,997
Total liabilities and stockholders' equity 8,077,334 7,976,394
Collateralized Mortgage Backed Securities [Member]    
Securities held-to-maturity:    
Held to maturity securities 7,899 7,914
Securities available for sale, at fair value:    
Securities available for sale 584,145 404,460
Other Debt Obligations [Member]    
Securities held-to-maturity:    
Held to maturity securities 49,989 49,918
Securities available for sale, at fair value:    
Securities available for sale 212,654 243,514
Multi-Family Residential [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 2,498,980 2,533,952
Commercial Real Estate Loans [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 1,745,855 1,754,754
One-To-Four Family - Mixed Used Property [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 579,100 602,981
One-To-Four Family - Residential [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 280,343 245,211
Co-Operative Apartments [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 7,804 8,051
Construction Portfolio Segment [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 71,464 83,322
Small Business Administration [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 148,855 167,376
Taxi Medallion [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross   2,757
Commercial Business and Other [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross $ 1,294,688 $ 1,303,225