v3.25.2
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Assets    
Cash and due from banks $ 248,113 $ 289,113
Short-term investments 111 110
Total cash and cash equivalents 248,224 289,223
Debt securities available for sale, at fair value 1,056,950 1,025,946
Debt securities held to maturity, at amortized cost (fair value of $368,232 and $350,153 at June 30, 2025 and December 31, 2024, respectively) 402,159 392,840
Equity securities, at fair value 7,253 6,673
Federal Home Loan Bank stock 68,663 60,387
Loans receivable 8,175,499 7,916,928
Less: allowance for credit losses 64,467 59,958
Loans receivable, net 8,111,032 7,856,970
Accrued interest receivable 41,161 40,383
Office properties and equipment, net 82,176 81,772
Bank-owned life insurance ("BOLI") 278,756 274,908
Goodwill and intangible assets 120,003 121,008
Other real estate owned 0 1,334
Other assets 322,651 324,049
Total assets 10,739,028 10,475,493
Liabilities:    
Deposits 8,135,483 8,096,149
Borrowings 1,272,578 1,080,600
Advance payments by borrowers for taxes and insurance 49,525 45,453
Accrued expenses and other liabilities 160,734 172,915
Total liabilities 9,618,320 9,395,117
Stockholders' equity:    
Preferred stock, $0.01 par value. 10,000,000 shares authorized; none issued and outstanding at June 30, 2025 and December 31, 2024 0 0
Common stock, $0.01 par value. 500,000,000 shares authorized; 131,623,847 shares issued and 104,927,137 shares outstanding at June 30, 2025, and 131,414,591 shares issued and 104,759,185 shares outstanding at December 31, 2024 1,316 1,314
Additional paid-in capital 802,923 799,482
Retained earnings 903,156 881,951
Accumulated other comprehensive loss (95,104) (110,368)
Treasury stock, at cost; 26,696,710 shares at June 30, 2025 and 26,655,406 shares at December 31, 2024 (461,588) (460,980)
Common stock held by the Employee Stock Ownership Plan (29,080) (30,207)
Stock held by Rabbi Trust (3,445) (3,255)
Deferred compensation obligations 2,530 2,439
Total stockholders' equity 1,120,708 1,080,376
Total liabilities and stockholders' equity $ 10,739,028 $ 10,475,493