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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 164,693 $ 81,723
Securities held-to-maturity:    
Held to maturity securities 73,912 57,868
Securities available for sale, at fair value:    
Securities available for sale 819,861 777,236
Loans:    
Net unamortized premiums and unearned loan fees 8,927 4,239
Less: Allowance for credit losses (41,268) (37,135)
Net loans 6,915,406 6,600,970
Interest and dividends receivable 42,571 38,698
Bank premises and equipment, net 22,376 23,338
Federal Home Loan Bank of New York stock, at cost 62,489 35,937
Bank owned life insurance 212,353 210,754
Goodwill 17,636 17,636
Core deposit intangibles 2,147 2,562
Right of use asset 44,885 50,200
Other assets 179,090 148,989
Total assets 8,557,419 8,045,911
Liabilities    
Non-interest bearing 992,378 967,621
Interest-bearing 5,062,383 5,365,911
Total Due to depositors 6,054,761 6,333,532
Mortgagors' escrow deposits 70,544 51,913
Borrowed funds:    
Federal Home Loan Bank advances and other borrowings 1,336,185 636,187
Subordinated debentures 186,893 122,885
Junior subordinated debentures, at fair value 49,752 56,472
Total borrowed funds 1,572,830 815,544
Operating lease liability 48,330 54,155
Other liabilities 140,235 111,139
Total liabilities 7,886,700 7,366,283
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 both September 30, 2022 and December 31, 2021; 29,851,253 shares and 30,526,353 shares outstanding at September 30, 2022 and December 31, 2021, respectively) 341 341
Additional paid-in capital 263,755 263,375
Treasury stock, at average cost (4,236,370 shares and 3,561,270 shares at September 30, 2022 and December 31, 2021, respectively) (90,977) (75,293)
Retained earnings 543,894 497,889
Accumulated other comprehensive loss, net of taxes (46,294) (6,684)
Total stockholders' equity 670,719 679,628
Total liabilities and stockholders' equity 8,557,419 8,045,911
Collateralized Mortgage Backed Securities [Member]    
Securities held-to-maturity:    
Held to maturity securities 7,880 7,894
Securities available for sale, at fair value:    
Securities available for sale 468,366 572,184
Other Debt Obligations [Member]    
Securities held-to-maturity:    
Held to maturity securities 66,032 49,974
Securities available for sale, at fair value:    
Securities available for sale 351,495 205,052
Multi-Family Residential    
Loans:    
Loans and Leases Receivable, before Fees, Gross 2,608,192 2,517,026
Commercial Real Estate Loans [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 1,914,326 1,775,629
One-To-Four Family - Mixed Used Property    
Loans:    
Loans and Leases Receivable, before Fees, Gross 560,885 571,795
One-To-Four Family - Residential    
Loans:    
Loans and Leases Receivable, before Fees, Gross 240,484 276,571
Construction Portfolio Segment [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 63,651 59,761
Small Business Administration [Member]    
Loans:    
Loans and Leases Receivable, before Fees, Gross 27,712 93,811
Commercial Business and Other    
Loans:    
Loans and Leases Receivable, before Fees, Gross $ 1,532,497 $ 1,339,273