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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 200,926 $ 151,754
Securities held-to-maturity:    
Securities held-to-maturity, net of allowance of $1,082 and $1,100, respectively, (assets pledged of $4,319 and $4,550, respectively; fair value of $57,665 and $62,550, respectively) 73,131 73,711
Securities available for sale, at fair value:    
Securities available for sale, at fair value: (assets pledged of $146,171 and $172,235, respectively; $12,782 and $13,023 at fair value pursuant to the fair value option, respectively) 843,663 735,357
Loans:    
Loans, net of fees and costs 6,896,074 6,934,769
Less: Allowance for credit losses 39,228 40,442
Net loans 6,856,846 6,894,327
Interest and dividends receivable 55,660 45,048
Bank premises and equipment, net 21,302 21,750
Federal Home Loan Bank of New York stock, at cost 43,821 45,842
Bank owned life insurance 214,321 213,131
Goodwill 17,636 17,636
Core deposit intangibles 1,651 2,017
Right of use asset 41,404 43,289
Other assets 209,014 179,084
Total assets 8,579,375 8,422,946
Liabilities    
Non-interest bearing 874,420 921,238
Interest-bearing 5,735,077 5,515,945
Total Due to depositors 6,609,497 6,437,183
Mortgagors' escrow deposits 72,012 48,159
Borrowed funds:    
Federal Home Loan Bank advances and other borrowings 765,219 815,501
Subordinated debentures 187,462 186,965
Junior subordinated debentures, at fair value 48,329 50,507
Total borrowed funds 1,001,010 1,052,973
Operating lease liability 43,067 46,125
Other liabilities 187,268 161,349
Total liabilities 7,912,854 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; 28,904,625 shares and 29,476,391 shares outstanding, respectively) 341 341
Additional paid-in capital 264,486 264,332
Treasury stock, at average cost (5,182,998 shares and 4,611,232 shares, respectively) (105,433) (98,535)
Retained earnings 548,058 547,507
Accumulated other comprehensive loss, net of taxes (40,931) (36,488)
Total stockholders' equity 666,521 677,157
Total liabilities and stockholders' equity $ 8,579,375 $ 8,422,946