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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 157,388 $ 49,787
Securities held-to-maturity:    
Held to maturity securities 58,739 58,888
Securities available for sale, at fair value:    
Securities available for sale 647,974 772,500
Loans:    
Loans, net of fees and costs 6,704,674 5,772,206
Allowance for loan losses (45,153) (21,751)
Net loans 6,659,521 5,750,455
Interest and dividends receivable 44,041 25,722
Bank premises and equipment, net 28,179 28,676
Federal Home Loan Bank of New York stock, at cost 43,439 56,921
Bank owned life insurance 181,710 157,713
Goodwill 17,636 16,127
Other real estate owned, net 0 239
Core deposit intangibles 3,172  
Operating lease ROU assets 50,743 41,254
Other assets 84,759 59,494
Total assets 7,976,394 7,017,776
Liabilities    
Non-interest bearing 778,672 435,072
Interest-bearing 5,312,061 4,586,977
Total due to depositors 6,090,733 5,022,049
Mortgagors' escrow deposits 45,622 44,375
Borrowed funds:    
Federal Home Loan Bank advances 887,579 1,118,528
Subordinated debentures 90,180 74,319
Junior subordinated debentures, at fair value 43,136 44,384
Total borrowed funds 1,020,895 1,237,231
Operating lease liabilities 59,100 49,367
Other liabilities 141,047 85,082
Total liabilities 7,357,397 6,438,104
Commitments and contingencies (Note 17)
Stockholders' Equity    
Preferred stock ($0.01 par value; 5,000,000 shares authorized; none issued) 0 0
Common stock ($0.01 par value; 100,000,000 shares authorized; 34,087,623 shares and 31,530,595 shares issued at December 31, 2020 and 2019, respectively; 30,775,854 shares and 28,157,206 shares outstanding at December 31, 2020 and 2019, respectively 341 315
Additional paid-in capital 261,533 226,691
Treasury stock, at average cost (3,311,769 shares and 3,373,389 shares at December 31, 2020 and 2019, respectively) (69,400) (71,487)
Retained earnings 442,789 433,960
Accumulated other comprehensive loss, net of taxes (16,266) (9,807)
Total stockholders' equity 618,997 579,672
Total liabilities and stockholders' equity 7,976,394 7,017,776
Collateralized Mortgage Backed Securities [Member]    
Securities held-to-maturity:    
Held to maturity securities 7,914 7,934
Securities available for sale, at fair value:    
Securities available for sale 404,460 523,849
Other Debt Obligations [Member]    
Securities held-to-maturity:    
Held to maturity securities 49,918 50,954
Securities available for sale, at fair value:    
Securities available for sale $ 243,514 $ 248,651