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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 174,420 $ 157,388
Securities held-to-maturity:    
Held to maturity securities 57,821 57,832
Securities available for sale, at fair value:    
Securities available for sale 761,221 647,974
Loans:    
Net unamortized premiums and unearned loan fees (445) 3,045
Allowance for loan losses (45,099) (45,153)
Net loans 6,700,217 6,659,521
Interest and dividends receivable 44,941 44,041
Bank premises and equipment, net 27,498 28,179
Federal Home Loan Bank of New York stock, at cost 41,498 43,439
Bank owned life insurance 182,707 181,710
Goodwill 17,636 17,636
Core deposit intangibles 3,013 3,172
Operating lease ROU assets 53,802 50,743
Other assets 94,410 84,759
Total assets 8,159,184 7,976,394
Liabilities    
Non-interest bearing 917,189 778,672
Interest-bearing 5,409,388 5,312,061
Total Deposits 6,326,577 6,090,733
Mortgagors' escrow deposits 74,348 45,622
Borrowed funds:    
Federal Home Loan Bank advances 814,218 887,579
Subordinated debentures 89,990 90,180
Junior subordinated debentures, at fair value 44,712 43,136
Total borrowed funds 948,920 1,020,895
Operating lease liabilities 58,080 59,100
Other liabilities 112,058 141,047
Total liabilities 7,519,983 7,357,397
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; 34,087,623 shares issued at March 31, 2021 and December 31, 2020; 30,954,458 shares and 30,775,854 shares outstanding at March 31, 2021 and December 31, 2020, respectively) 341 341
Additional paid-in capital 260,019 261,533
Treasury stock, at average cost (3,133,165 shares and 3,373,389 shares at March 31, 2021 and December 31, 2020, respectively) (65,479) (69,400)
Retained earnings 455,023 442,789
Accumulated other comprehensive loss, net of taxes (10,703) (16,266)
Total stockholders' equity 639,201 618,997
Total liabilities and stockholders' equity 8,159,184 7,976,394
Collateralized Mortgage Backed Securities [Member]    
Securities held-to-maturity:    
Held to maturity securities 7,909 7,914
Securities available for sale, at fair value:    
Securities available for sale 518,781 404,460
Other Debt Obligations [Member]    
Securities held-to-maturity:    
Held to maturity securities 49,912 49,918
Securities available for sale, at fair value:    
Securities available for sale 242,440 243,514
Multi-Family Residential [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 2,525,967 2,533,952
Commercial Real Estate Loans [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 1,721,702 1,754,754
One-To-Four Family - Mixed Used Property [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 595,431 602,981
One-To-Four Family - Residential [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 239,391 245,211
Co-Operative Apartments [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 7,965 8,051
Construction Portfolio Segment [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 61,528 83,322
Small Business Administration [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 267,120 167,376
Taxi Medallion [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross   2,757
Commercial Business and Other [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross $ 1,326,657 $ 1,303,225