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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Mar. 31, 2017
Dec. 31, 2016
ASSETS    
Cash and due from banks $ 196,277 $ 177,083
Interest bearing deposits 104,431 70,636
Total cash and cash equivalents 300,708 247,719
Securities—trading, amortized cost $30,187 and $30,154, respectively 24,753 24,568
Securities—available-for-sale, amortized cost $1,226,747 and $806,336, respectively 1,223,764 800,917
Securities—held-to-maturity, fair value $269,402 and $270,528, respectively 266,391 267,873
Federal Home Loan Bank (FHLB) stock 10,334 12,506
Loans held for sale (includes $7,282 and $9,600, at fair value, respectively) 86,707 246,353
Loans receivable 7,421,255 7,451,148
Allowance for loan losses 86,527 85,997
Net loans 7,334,728 7,365,151
Accrued interest receivable 30,312 30,178
Real estate owned (REO), held for sale, net 3,040 11,081
Property and equipment, net 162,467 166,481
Goodwill 244,583 244,583
Other intangibles, net 28,488 30,162
Bank-owned life insurance (BOLI) 159,948 158,936
Deferred tax assets, net 124,069 127,694
Other assets 68,086 59,466
Total assets 10,068,378 9,793,668
Deposits:    
Non-interest-bearing 3,213,044 3,140,451
Interest-bearing transaction and savings accounts 4,064,198 3,935,630
Interest-bearing certificates [1] 1,144,718 1,045,333
Total deposits 8,421,960 8,121,414
Advances from FHLB at fair value 213 54,216
Other borrowings 120,245 105,685
Junior subordinated debentures at fair value (issued in connection with Trust Preferred Securities) 96,040 95,200
Accrued expenses and other liabilities 66,201 71,369
Deferred compensation 40,315 40,074
Total liabilities 8,744,974 8,487,958
COMMITMENTS AND CONTINGENCIES (Note 12)
SHAREHOLDERS’ EQUITY    
Preferred stock - $0.01 par value per share, 500,000 shares authorized; no shares outstanding at March 31, 2017 and December 31, 2016 0 0
Retained earnings 110,783 95,328
Carrying value of shares held in trust for stock related compensation plans 7,283 7,283
Liability for common stock issued to deferred, stock related, compensation plans 7,283 7,283
Accumulated other comprehensive loss (1,896) (3,455)
Total shareholders' equity 1,323,404 1,305,710
Total liabilities & shareholders' equity 10,068,378 9,793,668
Voting Common Stock [Member]    
SHAREHOLDERS’ EQUITY    
Common stock and paid in capital 1,214,045 1,213,225
Nonvoting Common Stock [Member]    
SHAREHOLDERS’ EQUITY    
Common stock and paid in capital $ 472 $ 612
[1] Certificates of deposit include $293,000 and $426,000 of acquisition premiums at March 31, 2017 and December 31, 2016, respectively.