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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Assets    
Cash and due from banks $ 145,971 $ 157,388
Securities held-to-maturity:    
Held to maturity securities 57,890 57,832
Securities available for sale, at fair value:    
Securities available for sale 821,445 647,974
Loans:    
Net unamortized premiums and unearned loan fees 1,669 3,045
Allowance for Credit losses - Loans (42,670) (45,153)
Net loans 6,676,136 6,659,521
Interest and dividends receivable 43,803 44,041
Bank premises and equipment, net 26,438 28,179
Federal Home Loan Bank of New York stock, at cost 41,630 43,439
Bank owned life insurance 183,715 181,710
Goodwill 17,636 17,636
Core deposit intangibles 2,859 3,172
Right of Use Asset 51,972 50,743
Other assets 89,850 84,759
Total assets 8,159,345 7,976,394
Liabilities    
Non-interest bearing 945,491 778,672
Interest-bearing 5,353,299 5,312,061
Total Deposits 6,298,790 6,090,733
Mortgagors' escrow deposits 58,230 45,622
Borrowed funds:    
Federal Home Loan Bank advances 831,932 887,579
Subordinated debentures 90,081 90,180
Junior subordinated debentures, at fair value 49,814 43,136
Total borrowed funds 971,827 1,020,895
Operating lease liability 56,151 59,100
Other liabilities 119,180 141,047
Total liabilities 7,504,178 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 June 30, 2021 and December 31, 2020; 30,961,504 shares and 30,775,854 shares outstanding at June 30, 2021 and December 31, 2020, respectively) 341 341
Additional paid-in capital 260,958 261,533
Treasury stock, at average cost (3,126,119 shares and 3,373,389 shares at June 30, 2021 and December 31, 2020, respectively) (65,335) (69,400)
Retained earnings 467,620 442,789
Accumulated other comprehensive loss, net of taxes (8,417) (16,266)
Total stockholders' equity 655,167 618,997
Total liabilities and stockholders' equity 8,159,345 7,976,394
Collateralized Mortgage Backed Securities [Member]    
Securities held-to-maturity:    
Held to maturity securities 7,904 7,914
Securities available for sale, at fair value:    
Securities available for sale 596,661 404,460
Other Debt Obligations [Member]    
Securities held-to-maturity:    
Held to maturity securities 49,986 49,918
Securities available for sale, at fair value:    
Securities available for sale 224,784 243,514
Multi-Family Residential [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 2,542,010 2,533,952
Commercial Real Estate Loans [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 1,726,895 1,754,754
One-To-Four Family - Mixed Used Property [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 582,211 602,981
One-To-Four Family - Residential [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 288,652 245,211
Co-Operative Apartments [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 7,883 8,051
Construction Portfolio Segment [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 62,802 83,322
Small Business Administration [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 215,158 167,376
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 $ 1,291,526 $ 1,303,225