v3.25.2
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and due from banks (restricted cash of $20,615 and $43,165, respectively) $ 150,123 $ 152,574
Securities held-to-maturity:    
Securities held-to-maturity, net of allowance of $355 and $353, respectively (assets pledged of $4,652 and $4,494, respectively; fair value of $45,086 and $44,718, respectively) 50,831 51,485
Securities available for sale, at fair value:    
Securities available for sale, at fair value (amortized cost of $1,396,817 and $1,506,798, respectively; net of an allowance of $3,066 and $2,627, respectively; assets pledged of $106,482 and $49,914, respectively; $13,944 and $13,591 at fair value pursuant to the fair value option, respectively) 1,391,787 1,497,905
Loans held for sale   70,098
Loans:    
Loans held for investment, net of fees and costs 6,709,601 6,745,848
Less: Allowance for credit losses (41,247) (40,152)
Net loans held of investment 6,668,354 6,705,696
Interest and dividends receivable 59,607 62,036
Bank premises and equipment, net 18,145 17,852
Federal Home Loan Bank of New York stock, at cost 23,773 38,096
Bank owned life insurance 222,583 218,174
Goodwill   17,636
Core deposit intangibles 940 1,123
Right of use asset 49,759 45,800
Other assets 140,622 160,497
Total assets 8,776,524 9,038,972
Liabilities    
Non-interest bearing 899,602 836,545
Interest-bearing 6,321,395 6,289,306
Total Due to depositors 7,220,997 7,125,851
Mortgagors' escrow deposits 68,355 53,082
Borrowed funds:    
Federal Home Loan Bank advances and other borrowings 363,933 678,933
Subordinated debentures 188,686 188,326
Junior subordinated debentures, at fair value 47,552 48,795
Total borrowed funds 600,171 916,054
Operating lease liability 50,102 46,443
Other liabilities 130,522 173,003
Total liabilities 8,070,147 8,314,433
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; 38,677,787 shares issued; 33,777,008 and 33,659,067 shares outstanding, respectively) 387 387
Additional paid-in capital 325,162 326,671
Treasury stock, at average cost (4,900,779 and 5,018,720 shares, respectively) (98,985) (101,655)
Retained earnings 481,077 492,003
Accumulated other comprehensive income, net of taxes (1,264) 7,133
Total stockholders' equity 706,377 724,539
Total liabilities and stockholders' equity $ 8,776,524 $ 9,038,972