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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 209,634 $ 198,154
Interest-bearing deposits 44,830 44,908
Cash and Cash Equivalents, at Carrying Value 254,464 243,062
Securities—trading 0 28,694
Securities—available-for-sale; amortized cost $2,729,980 and $3,218,777, respectively 2,373,783 2,789,031
Securities—held-to-maturity, net of allowance for credit losses of $332 and $379, respectively 1,059,055 1,117,588
Debt Securities 3,432,838 3,935,313
Federal Home Loan Bank Stock 24,028 12,000
Securities purchased under agreements to resell 0 300,000
Loans held for sale (includes $9,105 and $51,779, at fair value, respectively) 11,170 56,857
Loans receivable 10,810,455 10,146,724
Allowance for credit losses – loans (149,643) (141,465)
Net loans receivable 10,660,812 10,005,259
Accrued interest receivable 63,100 57,284
Property and equipment, net 132,231 138,754
Goodwill 373,121 373,121
Other intangibles, net 5,684 9,440
Bank-owned life insurance (BOLI) 304,366 297,565
Deferred tax assets, net 153,365 178,131
Operating lease right-of-use assets 43,731 49,283
Other assets 211,481 177,362
Total assets 15,670,391 15,833,431
Deposits:    
Non-interest-bearing 4,792,369 6,176,998
Interest-bearing transaction and savings accounts 6,759,661 6,719,531
Interest-bearing certificates 1,477,467 723,530
Total deposits 13,029,497 13,620,059
Advances from FHLB 323,000 50,000
Other borrowings 182,877 232,799
Subordinated notes, net 92,851  
Junior subordinated debentures at fair value (issued in connection with Trust Preferred Securities) 66,413 74,857
Operating lease liabilities 48,659 55,205
Accrued expenses and other liabilities 228,428 200,839
Deferred compensation 45,975 44,293
Total liabilities 14,017,700 14,376,999
COMMITMENTS AND CONTINGENCIES (Note 18)
SHAREHOLDERS’ EQUITY    
Preferred stock - $0.01 par value per share, 500,000 shares authorized; no shares outstanding at December 31, 2023 and December 31, 2022 0 0
Retained earnings 642,175 525,242
Carrying value of shares held in trust for stock-based compensation plans (6,563) (6,905)
Liability for common stock issued to stock related compensation plans 6,563 6,905
Accumulated other comprehensive loss (289,135) (362,769)
Shareholders’ equity 1,652,691 1,456,432
Total liabilities and stockholders' equity 15,670,391 15,833,431
Voting Common Stock [Member]    
SHAREHOLDERS’ EQUITY    
Common stock and paid in capital 1,299,651 1,293,959
Nonvoting Common Stock [Member]    
SHAREHOLDERS’ EQUITY    
Common stock and paid in capital $ 0 $ 0