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Basis of Presentation (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Notes to Financial Statements |
Basis of Presentation | Consolidated Statements of Financial Condition: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of September 30, 2023
(In thousands) |  | As Reported |  | Adjustments |  | As Restated
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other assets | ​ | $ | 206,922 | ​ | $ | 2,092 | ​ | $ | 209,014
Total assets | ​ |  | 8,577,283 | ​ |  | 2,092 | ​ |  | 8,579,375
Other liabilities | ​ |  | 182,556 | ​ |  | 4,712 | ​ |  | 187,268
Total liabilities | ​ |  | 7,908,142 | ​ |  | 4,712 | ​ |  | 7,912,854
Retained earnings | ​ |  | 550,678 | ​ |  | (2,620) | ​ |  | 548,058
Total stockholders’ equity | ​ |  | 669,141 | ​ |  | (2,620) | ​ |  | 666,521
Total liabilities and stockholders’ equity | ​ |  | 8,577,283 | ​ |  | 2,092 | ​ |  | 8,579,375
​ Consolidated Statements of Income: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the three months ended September 30, 2023
(In thousands, except per share data) |  | As Reported |  | Adjustments |  | As Restated
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other income | ​ | $ | 282 | ​ | $ | (167) | ​ | $ | 115
Total non-interest income | ​ |  | 3,476 | ​ |  | (167) | ​ |  | 3,309
Salaries and employee benefits | ​ |  | 17,825 | ​ |  | 2,521 | ​ |  | 20,346
Professional services | ​ |  | 3,042 | ​ |  | (548) | ​ |  | 2,494
Total non-interest expense | ​ |  | 34,415 | ​ |  | 1,973 | ​ |  | 36,388
Income before income taxes | ​ |  | 12,892 | ​ |  | (2,140) | ​ |  | 10,752
Federal income tax | ​ |  | 2,435 | ​ |  | (406) | ​ |  | 2,029
State and local income tax | ​ |  | 1,058 | ​ |  | (170) | ​ |  | 888
Total provision for income tax | ​ |  | 3,493 | ​ |  | (576) | ​ |  | 2,917
Net income | ​ |  | 9,399 | ​ |  | (1,564) | ​ |  | 7,835
Basic earnings per common share | ​ |  | 0.32 | ​ |  | (0.06) | ​ |  | 0.26
Diluted earnings per common share | ​ |  | 0.32 | ​ |  | (0.06) | ​ |  | 0.26
​ Consolidated Statements of Comprehensive Income: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the three months ended September 30, 2023
(In thousands) |  | As Reported |  | Adjustments |  | As Restated
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 9,399 | ​ | $ | (1,564) | ​ | $ | 7,835
Comprehensive net income | ​ |  | 4,487 | ​ |  | (1,564) | ​ |  | 2,923
​ Consolidated Statements of Income: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the nine months ended September 30, 2023
(In thousands, except per share data) |  | As Reported |  | Adjustments |  | As Restated
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other income | ​ | $ | 2,065 | ​ | $ | (320) | ​ | $ | 1,745
Total non-interest income | ​ |  | 15,506 | ​ |  | (320) | ​ |  | 15,186
Salaries and employee benefits | ​ |  | 58,205 | ​ |  | 4,393 | ​ |  | 62,598
Professional services | ​ |  | 8,182 | ​ |  | (1,136) | ​ |  | 7,046
Total non-interest expense | ​ |  | 107,397 | ​ |  | 3,257 | ​ |  | 110,654
Income before income taxes | ​ |  | 31,656 | ​ |  | (3,577) | ​ |  | 28,079
Federal income tax | ​ |  | 5,996 | ​ |  | (678) | ​ |  | 5,318
State and local income tax | ​ |  | 2,475 | ​ |  | (279) | ​ |  | 2,196
Total provision for income tax | ​ |  | 8,471 | ​ |  | (957) | ​ |  | 7,514
Net income | ​ |  | 23,185 | ​ |  | (2,620) | ​ |  | 20,565
Basic earnings per common share | ​ |  | 0.77 | ​ |  | (0.08) | ​ |  | 0.69
Diluted earnings per common share | ​ |  | 0.77 | ​ |  | (0.08) | ​ |  | 0.69
​ Consolidated Statements of Comprehensive Income: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the nine months ended September 30, 2023
(In thousands) |  | As Reported |  | Adjustments |  | As Restated
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 23,185 | ​ | $ | (2,620) | ​ | $ | 20,565
Comprehensive net income | ​ |  | 18,742 | ​ |  | (2,620) | ​ |  | 16,122
​ Consolidated Statements of Cash Flows: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating Activities: | ​ | For the nine months ended September 30, 2023
(In thousands) |  | As Reported |  | Adjustments |  | As Restated
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 23,185 | ​ | $ | (2,620) | ​ | $ | 20,565
(Increase) decrease in other assets | ​ |  | (16,619) | ​ |  | (2,092) | ​ |  | (18,711)
(Decrease) Increase in other liabilities | ​ |  | (11,505) | ​ | $ | 4,712 | ​ | $ | (6,793)

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