XML 12 R2.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 176,747 $ 151,754
Securities held-to-maturity:    
Securities held-to-maturity, net of allowance of $1,087 and $1,100, respectively, (assets pledged of $4,647 and $4,550, respectively; fair value of $67,869 and $62,550, respectively) 73,523 73,711
Securities available for sale, at fair value:    
Securities available for sale, at fair value: (assets pledged of $193,558 and $172,235, respectively; $13,192 and $13,023 at fair value pursuant to the fair value option, respectively) 811,928 735,357
Loans:    
Loans, net of fees and costs 6,904,176 6,934,769
Less: Allowance for credit losses (38,729) (40,442)
Net loans 6,865,447 6,894,327
Interest and dividends receivable 46,836 45,048
Bank premises and equipment, net 21,567 21,750
Federal Home Loan Bank of New York stock, at cost 38,779 45,842
Bank owned life insurance 214,240 213,131
Goodwill 17,636 17,636
Core deposit intangibles 1,891 2,017
Right of use asset 42,268 43,289
Other assets 168,872 179,084
Total assets 8,479,734 8,422,946
Liabilities    
Non-interest bearing 872,254 921,238
Interest-bearing 5,783,263 5,515,945
Total Due to depositors 6,655,517 6,437,183
Mortgagors' escrow deposits 78,573 48,159
Borrowed funds:    
Federal Home Loan Bank advances and other borrowings 652,262 815,501
Subordinated debentures 187,130 186,965
Junior subordinated debentures, at fair value 48,117 50,507
Total borrowed funds 887,509 1,052,973
Operating lease liability 45,353 46,125
Other liabilities 140,437 161,349
Total liabilities 7,807,389 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; 29,488,456 shares and 29,476,391 shares outstanding, respectively) 341 341
Additional paid-in capital 262,876 264,332
Treasury stock, at average cost (4,599,167 shares and 4,611,232 shares, respectively) (97,760) (98,535)
Retained earnings 544,672 547,507
Accumulated other comprehensive loss, net of taxes (37,784) (36,488)
Total stockholders' equity 672,345 677,157
Total liabilities and stockholders' equity $ 8,479,734 $ 8,422,946