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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 81,723 $ 157,388
Securities held-to-maturity:    
Held to maturity securities 57,868 57,832
Securities available for sale, at fair value:    
Securities available for sale 777,236 647,974
Loans:    
Loans, net of fees and costs 6,638,105 6,704,674
Less: Allowance for credit losses (37,135) (45,153)
Net loans 6,600,970 6,659,521
Interest and dividends receivable 38,698 44,041
Bank premises and equipment, net 23,338 28,179
Federal Home Loan Bank of New York stock, at cost 35,937 43,439
Bank owned life insurance 210,754 181,710
Goodwill 17,636 17,636
Core deposit intangibles 2,562 3,172
Right of use asset 50,200 50,743
Other assets 148,989 84,759
Total assets 8,045,911 7,976,394
Liabilities    
Non-interest bearing 967,621 778,672
Interest-bearing 5,365,911 5,312,061
Total Due to depositors 6,333,532 6,090,733
Mortgagors' escrow deposits 51,913 45,622
Borrowed funds:    
Federal Home Loan Bank advances and other borrowings 636,187 887,579
Subordinated debentures 122,885 90,180
Junior subordinated debentures, at fair value 56,472 43,136
Total borrowed funds 815,544 1,020,895
Operating lease liability 54,155 59,100
Other liabilities 111,139 141,047
Total liabilities 7,366,283 7,357,397
Commitments and contingencies (Note 17)
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; 34,087,623 shares issued at both December 31, 2021 and 2020; 30,526,353 shares and 30,775,854 shares outstanding at December 31, 2021 and 2020, respectively) 341 341
Additional paid-in capital 263,375 261,533
Treasury stock, at average cost (3,561,270 shares and 3,311,769 shares at December 31, 2021 and 2020, respectively) (75,293) (69,400)
Retained earnings 497,889 442,789
Accumulated other comprehensive loss, net of taxes (6,684) (16,266)
Total stockholders' equity 679,628 618,997
Total liabilities and stockholders' equity 8,045,911 7,976,394
Collateralized Mortgage Backed Securities [Member]    
Securities held-to-maturity:    
Held to maturity securities 7,894 7,914
Securities available for sale, at fair value:    
Securities available for sale 572,184 404,460
Other Debt Obligations [Member]    
Securities held-to-maturity:    
Held to maturity securities 49,974 49,918
Securities available for sale, at fair value:    
Securities available for sale $ 205,052 $ 243,514