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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 160,053 $ 151,754
Securities held-to-maturity:    
Securities held-to-maturity, net of allowance of $1,079 and $1,100, respectively, (assets pledged of $4,565 and $4,550, respectively; fair value of $64,337 and $62,550, respectively) 73,334 73,711
Securities available for sale, at fair value:    
Securities available for sale, at fair value: (assets pledged of $154.586 and $172,235, respectively; $13,059 and $13,023 at fair value pursuant to the fair value option, respectively) 869,556 735,357
Loans:    
Loans, net of fees and costs 6,832,425 6,934,769
Less: Allowance for credit losses 38,593 40,442
Net loans 6,793,832 6,894,327
Interest and dividends receivable 52,911 45,048
Bank premises and equipment, net 22,182 21,750
Federal Home Loan Bank of New York stock, at cost 36,168 45,842
Bank owned life insurance 213,164 213,131
Goodwill 17,636 17,636
Core deposit intangibles 1,769 2,017
Right of use asset 41,526 43,289
Other assets 191,752 179,084
Total assets 8,473,883 8,422,946
Liabilities    
Non-interest bearing 827,820 921,238
Interest-bearing 5,838,053 5,515,945
Total Due to depositors 6,665,873 6,437,183
Mortgagors' escrow deposits 57,817 48,159
Borrowed funds:    
Federal Home Loan Bank advances and other borrowings 622,329 815,501
Subordinated debentures 187,294 186,965
Junior subordinated debentures, at fair value 47,777 50,507
Total borrowed funds 857,400 1,052,973
Operating lease liability 44,402 46,125
Other liabilities 177,088 161,349
Total liabilities 7,802,580 7,745,789
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; 28,960,719 shares and 29,476,391 shares outstanding, respectively) 341 341
Additional paid-in capital 263,744 264,332
Treasury stock, at average cost (5,126,904 shares and 4,611,232 shares, respectively) (104,574) (98,535)
Retained earnings 547,811 547,507
Accumulated other comprehensive loss, net of taxes (36,019) (36,488)
Total stockholders' equity 671,303 677,157
Total liabilities and stockholders' equity $ 8,473,883 $ 8,422,946