<SEC-DOCUMENT>0001157523-17-001183.txt : 20170426
<SEC-HEADER>0001157523-17-001183.hdr.sgml : 20170426
<ACCEPTANCE-DATETIME>20170426091559
ACCESSION NUMBER:		0001157523-17-001183
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20170426
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170426
DATE AS OF CHANGE:		20170426

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NEW YORK COMMUNITY BANCORP INC
		CENTRAL INDEX KEY:			0000910073
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036]
		IRS NUMBER:				061377322
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31565
		FILM NUMBER:		17782736

	BUSINESS ADDRESS:	
		STREET 1:		615 MERRICK AVE
		CITY:			WESTBURY
		STATE:			NY
		ZIP:			11590
		BUSINESS PHONE:		7183596400

	MAIL ADDRESS:	
		STREET 1:		615 MERRICK AVE
		CITY:			WESTBURY
		STATE:			NY
		ZIP:			11590

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	QUEENS COUNTY BANCORP INC
		DATE OF NAME CHANGE:	19930802
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51546205.htm
<DESCRIPTION>NEW YORK COMMUNITY BANCORP, INC. 8-K
<TEXT>
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    <p style="text-align: center">
      <br>
      <br>
      <font style="font-size: 11pt; font-family: Times New Roman"><b>UNITED
      STATES</b></font><font style="font-size: 11pt"><br style="font-size: 11pt"></font><font style="font-size: 11pt; font-family: Times New Roman"><b>SECURITIES
      AND EXCHANGE COMMISSION</b></font><font style="font-size: 11pt"><br style="font-size: 11pt"></font><font style="font-size: 11pt; font-family: Times New Roman">Washington,
      D.C. 20549</font><font style="font-size: 11pt"><br style="font-size: 11pt"></font><font style="font-size: 11pt"><br style="font-size: 11pt"></font><font style="font-size: 11pt; font-family: Times New Roman"><b>FORM
      8-K</b></font><font style="font-size: 11pt"><br style="font-size: 11pt"></font><font style="font-size: 11pt"><br style="font-size: 11pt"></font><font style="font-size: 11pt; font-family: Times New Roman"><b>CURRENT
      REPORT</b></font><font style="font-size: 11pt"><br style="font-size: 11pt"></font><font style="font-size: 11pt"><br style="font-size: 11pt"></font><font style="font-size: 11pt; font-family: Times New Roman">Pursuant
      to Section 13 or 15(d) of the Securities Exchange Act of 1934</font><font style="font-size: 11pt"><br style="font-size: 11pt"></font><font style="font-size: 11pt"><br style="font-size: 11pt"></font><font style="font-size: 11pt; font-family: Times New Roman">Date
      of Report </font><font style="font-size: 11pt">(Date of earliest event
      reported)</font><font style="font-size: 11pt; font-family: Times New Roman">:
      </font><u><font style="font-size: 11pt; font-family: Times New Roman">April
      26, 2017</font></u><br><br><u><font style="font-size: 11pt"><b>NEW YORK
      COMMUNITY BANCORP, INC.</b></font></u><font style="font-size: 11pt"><br style="font-size: 11pt"></font><font style="font-size: 11pt; font-family: Times New Roman">(Exact
      name of registrant as specified in its charter)</font><br><br>
    </p>
    <div style="text-align:center">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 10pt; margin-left:auto;margin-right:auto; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; width: 28%; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Delaware
          </p>
        </td>
        <td style="width: 10%">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; width: 24%; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            1-31565
          </p>
        </td>
        <td style="width: 10%">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; width: 28%; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            06-1377322
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="width: 28%; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (State or other jurisdiction of<br>incorporation or organization)
          </p>
        </td>
        <td style="width: 10%">

        </td>
        <td valign="top" style="width: 24%; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Commission File Number
          </p>
        </td>
        <td style="width: 10%">

        </td>
        <td valign="top" style="width: 28%; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (I.R.S. Employer Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <u>615 Merrick Avenue, Westbury, New York 11590</u><br>&#160;(Address of
      principal executive offices)<br><br><u>(516) 683-4100</u><br>(Registrant's
      telephone number, including area code)<br><br><u>Not applicable</u><br>&#160;(Former
      name or former address, if changed since last report)<br><br>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman">Check the
      appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:</font>
    </p>
    <p>
      <font style="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;</font><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font><br><font style="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;</font><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font><br><font style="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;</font><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font><br><font style="font-size: 10pt">&#160;&#160;&#160;&#160;&#160;</font><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <p>
      Indicate by check mark whether the registrant is an emerging growth
      company as defined in Rule 405 of the Securities Act of 1933 (17 CFR
      &#167;230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR
      &#167;240.12b-2).
    </p>
    <p>
      Emerging growth company <font style="font-size: 12pt; font-family: Arial Unicode MS">&#8414;</font>
    </p>
    <p>
      If an emerging growth company, indicate by check mark if the registrant
      has elected not to use the extended transition period for complying with
      any new or revised financial accounting standards provided pursuant to
      Section 13(a) of the Exchange Act. <font style="font-size: 12pt; font-family: Arial Unicode MS">&#8414;</font>
    </p>
    <p>

    </p>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <u>CURRENT REPORT ON FORM 8-K</u>
    </p>
    <p style="margin-left: 90.0px">
      <br>

    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 10pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="width: 13%; text-align: left; padding-left: 0.0px">
          ITEM 2.02:
        </td>
        <td style="width: 2%">
          &#160;
        </td>
        <td valign="top" style="width: 85%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Results of Operations and Financial Condition</u>
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 13%; text-align: left; padding-left: 0.0px">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="width: 85%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            On April 26, 2017, New York Community Bancorp, Inc. (the
            &quot;Company&quot;) issued a news release reporting its financial results
            for the three months ended March 31, 2017. A copy of the news
            release is attached as Exhibit 99.1 to this report.
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 13%; text-align: left; padding-left: 0.0px">
          ITEM 8.01:
        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="width: 85%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Other Events</u>
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 13%; text-align: left; padding-left: 0.0px">

        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="width: 85%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            On April 26, 2017, the Company announced that its Board of
            Directors declared a $0.17 per common share dividend, payable on
            May 19, 2017 to shareholders of record as of May 8, 2017.
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="3">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 13%; text-align: left; padding-left: 0.0px">
          ITEM 9.01:
        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="width: 85%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Financial Statements and Exhibits</u>
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 13%; text-align: right; padding-left: 0.0px">
          (d)
        </td>
        <td style="width: 2%">

        </td>
        <td valign="top" style="width: 85%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Attached as Exhibit 99.1 is the news release issued by the Company
            on April 26, 2017 to report its financial results for the three
            months ended March 31, 2017.
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="margin-left: 90.0px">

    </p>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <u><font style="font-size: 10pt; font-family: Times New Roman">SIGNATURE</font></u>
    </p>
    <p style="text-align: center">
      <br>

    </p>
    <p style="text-indent: 30.0px; font-size: 10pt; font-family: Times New Roman">
      <font style="font-size: 10pt; font-family: Times New Roman">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.</font>
    </p>
    <p style="text-indent: 30.0px">
      <br>

    </p>
    <div style="text-align:center">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 10pt; margin-left:auto;margin-right:auto; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="width: 5%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Date:
          </p>
        </td>
        <td valign="top" style="width: 45%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>April 26, 2017</u>
          </p>
        </td>
        <td valign="top" style="width: 50%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            NEW YORK COMMUNITY BANCORP, INC.
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td valign="top" style="width: 45%; text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 50%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td valign="top" style="width: 45%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td valign="top" style="width: 50%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>/s/ Ilene A. Angarola</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" style="width: 50%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Ilene A. Angarola
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" style="width: 50%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Executive Vice President
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td valign="top" style="width: 50%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            and Director, Investor Relations
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <u>EXHIBIT INDEX</u><br><br>
    </p>
    <div style="text-align:center">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 10pt; margin-left:auto;margin-right:auto; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="width: 20%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Exhibit Number</u>
          </p>
        </td>
        <td valign="top" style="width: 80%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Description</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 20%">

        </td>
        <td valign="top" style="width: 80%; text-align: left; padding-left: 0.0px">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="width: 20%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Exhibit 99.1
          </p>
        </td>
        <td valign="top" style="width: 80%; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            News release issued by the Company on April 26, 2017.
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
  </body>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51546205_ex991.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
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    <title></title>
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  <body style="font-family: Times New Roman; font-size: 8pt">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <u><font style="font-size: 11pt; font-family: Times New Roman"><b>New
      York Community Bancorp, Inc. Reports 1Q 2017 Diluted Earnings Per Common
      Share of $0.21</b></font></u>
    </p>
    <p style="text-align: center">
      <u><font style="font-size: 11pt; font-family: Times New Roman"><b>Board
      of Directors Declares a $0.17 per Common Share Dividend</b></font></u>
    </p>
    <p style="text-align: center">
      <u><font style="font-size: 11pt; font-family: Times New Roman"><b>1Q
      2017 Highlights</b></font></u>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        <u><font style="font-size: 10pt; font-family: Times New Roman"><b>Earnings</b></font></u><b><font style="font-size: 10pt; font-family: Times New Roman">:</font></b>

        <ul>
          <li style="margin-bottom: 10.0px">
            <font style="font-size: 10pt; font-family: Times New Roman">Net
            income available to common shareholders totaled $104.0 million,
            providing a 0.85% return on average assets and a 6.76% return on
            average common stockholders&#8217; equity.</font>
          </li>
          <li style="margin-bottom: 10.0px">
            <font style="font-size: 10pt; font-family: Times New Roman">The
            return on average tangible assets was 0.90% in the quarter, and
            the return on average tangible common stockholders&#8217; equity was
            11.20%.</font><sup><font style="font-size: 10pt; font-family: Times New Roman">(1)</font></sup>
          </li>
        </ul>
      </li>
    </ul>
    <ul>
      <li style="margin-bottom: 10.0px">
        <u><font style="font-size: 10pt; font-family: Times New Roman"><b>Net
        Interest Margin</b></font></u><b><font style="font-size: 10pt; font-family: Times New Roman">:</font></b>

        <ul>
          <li style="margin-bottom: 10.0px">
            <font style="font-size: 10pt; font-family: Times New Roman">The
            Company&#8217;s margin declined 15 basis points (&quot;bps&quot;) to 2.71% in the
            quarter, largely reflecting a nine-basis point decline in the
            contribution of prepayment income to 11 bps.</font>
          </li>
          <li style="margin-bottom: 10.0px">
            <font style="font-size: 10pt; font-family: Times New Roman">Excluding
            prepayment income (i.e., on a non-GAAP basis), the margin would
            have declined six bps sequentially.</font><sup><font style="font-size: 10pt; font-family: Times New Roman">(2)</font></sup>
          </li>
        </ul>
      </li>
    </ul>
    <ul>
      <li style="margin-bottom: 10.0px">
        <u><font style="font-size: 10pt; font-family: Times New Roman"><b>Capital
        Position</b></font></u><b><font style="font-size: 10pt; font-family: Times New Roman">:</font></b>

        <ul>
          <li style="margin-bottom: 10.0px">
            <font style="font-size: 10pt; font-family: Times New Roman">In
            March, the Company issued $515 million of preferred stock.</font>
          </li>
          <li style="margin-bottom: 10.0px">
            <font style="font-size: 10pt; font-family: Times New Roman">The
            benefit is reflected in the Company&#8217;s regulatory capital measures,
            with its tier 1 risk-based capital ratio rising to 12.23%, total
            risk-based capital ratio rising to 13.72%, and leverage capital
            ratio rising to 9.24% at quarter-end.</font>
          </li>
          <li style="margin-bottom: 10.0px">
            <font style="font-size: 10pt; font-family: Times New Roman">In
            addition, common stockholders&#8217; equity represented 12.58% of total
            assets, and tangible common stockholders&#8217; equity represented 7.99%
            of tangible assets at that date.</font><sup><font style="font-size: 10pt; font-family: Times New Roman">(1)</font></sup>
          </li>
        </ul>
      </li>
    </ul>
    <ul>
      <li style="margin-bottom: 10.0px">
        <u><font style="font-size: 10pt; font-family: Times New Roman"><b>Asset
        Quality</b></font></u><b><font style="font-size: 10pt; font-family: Times New Roman">:</font></b>

        <ul>
          <li style="margin-bottom: 10.0px">
            <font style="font-size: 10pt; font-family: Times New Roman">Non-performing
            non-covered assets represented $70.4 million, or 0.15%, of total
            non-covered assets at 3/31/2017.</font>
          </li>
          <li style="margin-bottom: 10.0px">
            <font style="font-size: 10pt; font-family: Times New Roman">Non-performing
            non-covered loans represented $60.1 million, or 0.16%, of total
            non-covered loans.</font>
          </li>
          <li style="margin-bottom: 10.0px">
            <font style="font-size: 10pt; font-family: Times New Roman">Net
            charge-offs represented 0.01% of average loans.</font>
          </li>
        </ul>
      </li>
      <li style="margin-bottom: 10.0px">
        <u><font style="font-size: 10pt; font-family: Times New Roman"><b>Balance
        Sheet Management</b></font></u><b><font style="font-size: 10pt; font-family: Times New Roman">:</font></b>

        <ul>
          <li style="margin-bottom: 10.0px">
            <font style="font-size: 10pt; font-family: Times New Roman">Assets
            totaled $48.8 billion at 3/31/2017, bringing the four-quarter
            average to $49.1 billion at that date.</font>
          </li>
          <li style="margin-bottom: 10.0px">
            <font style="font-size: 10pt; font-family: Times New Roman">Non-covered
            loans held for investment represented $37.3 billion of the
            quarter-end total, comparable to the balance at 12/31/2016.</font>
          </li>
          <li style="margin-bottom: 10.0px">
            <font style="font-size: 10pt; font-family: Times New Roman">Loan
            originations totaled $2.2 billion in the quarter, including $1.7
            billion of held-for-investment loans.</font>
          </li>
        </ul>
      </li>
    </ul>
    <p>

    </p>
    <p>
      WESTBURY, N.Y.--(BUSINESS WIRE)--April 26, 2017--New York Community
      Bancorp, Inc. (NYSE:NYCB) (the &#8220;Company&#8221;) today reported earnings of
      $104.0 million, or $0.21 per diluted common share, for the three months
      ended March 31, 2017.
    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="4">
          <p style="margin-bottom: 0px; margin-top: 0px">
            __________
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          (1)
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#8220;Tangible assets&#8221; and &#8220;tangible common stockholders&#8217; equity&#8221; are
            non-GAAP financial measures. Please see the discussion and
            reconciliations of these non-GAAP measures to the comparable GAAP
            measures on page 13 of this release.
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          (2)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#8220;Adjusted net interest margin&#8221; is a non-GAAP financial measure.
            Please see the discussion and reconciliation of this non-GAAP
            measure to the comparable GAAP measure beginning on page 7 of this
            release.
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 10pt; text-align: center; font-family: Times New Roman">
          1
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Commenting on the Company&#8217;s performance, President and Chief Executive
      Officer Joseph R. Ficalora stated, &#8220;The quarter&#8217;s results were
      indicative of the trend we&#8217;ve seen since mid-November, when the level of
      market interest rates began to rise. The volatility of market interest
      rates has constrained the growth of our assets and our prepayment
      income, as fewer borrowers have opted to purchase new properties or
      refinance, and as the Company has become more selective in its lending
      activities.
    </p>
    <p>
      &#8220;Yet despite these particular challenges, we generated first quarter
      earnings of $104.0 million, equivalent to $0.21 per diluted common
      share. We also enhanced our stockholders&#8217; equity and regulatory capital
      levels through the issuance of $515 million of preferred stock. At
      12.23% and 13.72%, our tier 1 and total risk-based capital ratios now
      exceed those of our regional bank peers.
    </p>
    <p>
      &#8220;Our first quarter performance also reflects the consistent quality of
      our assets. Non-performing non-covered assets represented 0.15% of total
      non-covered assets, despite a linked-quarter increase in non-accrual New
      York City taxi medallion loans. Absent taxi medallion loans, which
      totaled $24.4 million, non-performing non-covered loans would have
      amounted to $35.8 million at March 31st.
    </p>
    <p>
      &#8220;The quality of our loan portfolio is furthermore reflected in the
      absence of any net charge-offs on the loans that comprise the bulk of
      our held-for-investment loans. In other words, in the first three months
      of 2017, our portfolios of multi-family, commercial real estate, and
      specialty finance loans and leases generated no losses. The same can be
      said of our portfolios of acquisition, development, and construction,
      and one-to-four family loans.
    </p>
    <p>
      &#8220;While operating efficiently is another traditional focus, our operating
      expenses continued to rise in the first three months of this year. The
      increase in expenses was expected, as previously stated, given the
      rising cost of regulatory compliance and the related investment in our
      intellectual capital and infrastructure as we continue our preparations
      to become a SIFI bank. In connection with these increases, and others,
      and the decline in net interest income, our efficiency ratio was
      substantially higher this quarter than it has been in the past. At the
      same time, the level of non-interest income we recorded was
      comparatively stable, with mortgage banking income rising sequentially
      as well as year-over-year.&#8221;
    </p>
    <p>
      <u><b>Board of Directors Declares $0.17 per Common Share Dividend
      Payable on May 19, 2017</b></u>
    </p>
    <p>
      &#8220;Reflecting our earnings and our capital position, the Board of
      Directors last night declared a quarterly cash dividend of $0.17 per
      common share. The dividend is payable on May 19, 2017 to common
      shareholders of record as of May 8th, and represents a dividend yield of
      4.9% based on yesterday&#8217;s closing price,&#8221; Mr. Ficalora said.
    </p>
    <p>
      <u><b>BALANCE SHEET SUMMARY</b></u>
    </p>
    <p>
      The Company recorded total assets of $48.8 billion at the end of the
      first quarter, down $102.0 million from the balance at December 31,
      2016. Loans, net, and securities represented $39.0 billion and $3.7
      billion, respectively, of the March 31st balance and were down $334.8
      million and $124.7 million, respectively, from the year-end balances.
    </p>
    <p>
      For the four quarters ended March 31, 2017, the Company&#8217;s total
      consolidated assets averaged $49.1 billion, below the current SIFI
      threshold of $50.0 billion.
    </p>
    <p>
      <u><b>Loans</b></u>
    </p>
    <p>
      <i><b>Covered Loans</b></i>
    </p>
    <p>
      Primarily reflecting repayments, covered loans, net, fell $93.2 million
      to $1.6 billion, representing 4.1% of total loans, net, at March 31,
      2017.
    </p>
    <p>
      Accretion on the covered loan portfolio totaled $31.6 million and $33.3
      million, respectively, in the current and year-earlier three-month
      periods.
    </p>
    <p>
      <i><b>Non-Covered Loans Held for Investment</b></i>
    </p>
    <p>
      Non-covered loans held for investment, net, totaled $37.2 billion at the
      end of the current first quarter, comparable to the balance at December
      31st. In addition to a decrease in originations, loan growth was
      tempered by prepayments and by sales of participations totaling $214.9
      million, as compared to $320.1 million in the trailing three-month
      period.
    </p>
    <p>
      Multi-family loans and commercial real estate (&#8220;CRE&#8221;) loans accounted
      for $122.2 million and $92.7 million, respectively, of loans sold during
      the first quarter, as compared to $246.4 million and $70.3 million,
      respectively, of loans sold in the trailing three months.
    </p>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 10pt; text-align: center; font-family: Times New Roman">
          2
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      The following table summarizes the Company&#8217;s production of loans held
      for investment for the three months ended March 31, 2017, December 31,
      2016, and March 31, 2016:
    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="13">
          <b>For the Three Months Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="4">
          <b>March 31,</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="4">
          <b>December 31,</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>March 31,</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          (in thousands)
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="4">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="4">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="3">
          <b>2016</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Mortgage Loans Originated for Investment:</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          Multi-family
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          954,613
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          1,154,934
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          1,580,787
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          Commercial real estate
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          250,342
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          287,754
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          81,423
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          One-to-four family
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          43,859
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          55,857
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          75,207
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 5.0px">
          Acquisition, development, and construction
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          12,919
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          26,328
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          39,145
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Total mortgage loans originated for investment
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          1,261,733
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          1,524,873
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          1,776,562
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Other Loans Originated for Investment:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          Specialty finance
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          269,164
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          358,811
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          197,212
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          Other commercial and industrial
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          122,155
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          140,910
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          170,359
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 5.0px">
          Other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          885
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          846
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          910
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Total other loans originated for investment
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          392,204
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          500,567
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          368,481
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Total loans originated for investment
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          1,653,937
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          2,025,440
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          2,145,043
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      The following table provides additional information about the Company&#8217;s
      multi-family and CRE loan portfolios at March 31, 2017, December 31,
      2016, and March 31, 2016:
    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          (dollars in thousands)
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>March 31,</b><br><b>2017</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>December 31,</b><br><b>2016</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>March 31,</b><br><b>2016</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Multi-Family Loan Portfolio:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          Loans outstanding
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $27,053,626
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $26,961,486
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $26,423,675
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          Percent of total held-for-investment loans
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          72.5
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          72.1
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          73.0
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          Average principal balance
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $5,491
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $5,454
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $5,353
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          Weighted average life
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          3.3
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            years
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2.9
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          years
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2.9
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          years
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Commercial Real Estate Loan Portfolio:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          Loans outstanding
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $7,536,268
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $7,727,258
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $7,679,780
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          Percent of total held-for-investment loans
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          20.2
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          20.7
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          21.2
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          Average principal balance
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $5,636
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $5,644
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $5,355
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          Weighted average life
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          3.1
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            years
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          3.4
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          years
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          3.3
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          years
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      The March 31st balance of loans held for investment also reflects the
      following linked-quarter increases:
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        One-to-four family loans rose $35.9 million sequentially to $417.0
        million, primarily reflecting the production of prime jumbo hybrid
        loans. One-to-four family loans represented 1.1% of total loans held
        for investment, a modest rise from the ratio at December 31st.
      </li>
      <li style="margin-bottom: 10.0px">
        Acquisition, development, and construction loans rose a modest $1.8
        million to $382.3 million, representing 1.0% of total
        held-for-investment loans, at the end of March.
      </li>
      <li style="margin-bottom: 10.0px">
        Other loans rose $8.9 million sequentially to $1.9 billion,
        representing 5.2% of the March 31st balance, consistent with the
        percentage at December 31st. The increase was primarily the net effect
        of a $13.3 million rise in specialty finance loans and leases to $1.3
        billion and a $3.3 million decline in other commercial and industrial
        loans to $629.9 million. The latter balance included New York City
        taxi medallion loans of $146.7 million, representing 0.39% of the
        total held-for-investment loan portfolio.
      </li>
    </ul>
    <p>
      <i><b>Non-Covered Loans Held for Sale</b></i>
    </p>
    <p>
      The Company originated loans held for sale of $560.2 million in the
      current first quarter, a $507.2 million decrease from the
      trailing-quarter volume and a $338.9 million decrease from the volume at
      March 31, 2016. The decline in production was attributable to the rise
      in residential mortgage interest rates since last November, which
      resulted in a decline in refinancing activity. As a result, the balance
      of loans held for sale fell $193.2 million sequentially to $216.0
      million, representing 0.55% of total loans, net, at March 31, 2017. The
      impact is also reflected in the average balance of loans held for sale
      in the current first quarter ($267.4 million), as compared to the
      average balances in the trailing and year-earlier three-month periods
      ($537.8 million and $348.1 million, respectively).
    </p>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 10pt; text-align: center; font-family: Times New Roman">
          3
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <i><b>Pipeline</b></i>
    </p>
    <p>
      The Company has approximately $2.0 billion of loans in its current
      pipeline, including loans held for investment of approximately $1.6
      billion and one-to-four family loans held for sale of approximately $400
      million.
    </p>
    <p>
      <u><b>Asset Quality</b></u>
    </p>
    <p>
      <i>The following discussion pertains only to the Company's portfolio of
      non-covered loans held for investment (excluding purchased
      credit-impaired, or &#8220;PCI,&#8221; loans) and non-covered other real estate
      owned (&quot;OREO&quot;).</i>
    </p>
    <p>
      Non-performing non-covered assets represented $70.4 million, or 0.15%,
      of total non-covered assets at the end of the current first quarter, as
      compared to $68.1 million, or 0.14%, at December 31, 2016. While
      non-covered OREO fell $1.3 million sequentially to $10.3 million,
      non-performing non-covered loans rose $3.7 million to $60.1 million,
      representing 0.16% of total non-covered loans.
    </p>
    <p>
      The rise in non-performing non-covered loans was driven by an increase
      in non-accrual New York City taxi medallion credits, which are included
      in &#8220;other&#8221; non-accrual non-covered loans. At March 31, 2017, non-accrual
      taxi medallion loans rose to $24.4 million from $15.2 million and $6.4
      million, respectively, at December 31, 2016 and March 31, 2016. The
      increase in other non-performing non-covered loans was, to a large
      degree, tempered by a $7.6 million reduction in non-performing
      non-covered mortgage loans to $31.2 million.
    </p>
    <p>
      The following table presents the Company&#8217;s non-performing non-covered
      loans and assets at March 31, 2017, December 31, 2016, and March 31,
      2016:
    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (in thousands)
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="3">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>March 31,</b><br><b>2017</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="3">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>December 31,</b><br><b>2016</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="3">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>March 31,</b><br><b>2016</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Non-Performing Non-Covered Assets:</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Non-accrual non-covered mortgage loans:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Multi-family
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $11,555
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $13,558
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $15,900
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Commercial real estate
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          3,327
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          9,297
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          11,863
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          One-to-four family
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          10,093
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          9,679
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          11,172
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Acquisition, development, and construction
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          6,200
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          6,200
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Total non-accrual non-covered mortgage loans
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $31,175
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $38,734
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $38,935
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Other non-accrual non-covered loans <sup>(1)</sup>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          28,969
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          17,735
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          10,298
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Total non-performing non-covered loans
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $60,144
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $56,469
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $49,233
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Non-covered other real estate owned
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          10,259
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          11,607
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          15,414
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Total non-performing non-covered assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $70,403
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $68,076
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $64,647
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          (1)
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Includes $24.4 million, $15.2 million, and $6.4 million,
          respectively, of non-accrual non-covered New York City taxi
          medallion loans.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      The following table presents the Company's asset quality measures at
      March 31, 2017, December 31, 2016, and March 31, 2016:
    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="3">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>March 31,</b><br><b>2017</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="3">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>December 31,</b><br><b>2016</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="3">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>March 31,</b><br><b>2016</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Non-performing non-covered loans to total
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          non-covered loans
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.16
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.15
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.14
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Non-performing non-covered assets to total
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          non-covered assets
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: right; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.15
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: right; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.14
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.14
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Allowance for losses on non-covered loans to non-
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            performing non-covered loans <sup>(1)</sup>
          </p>
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          253.88
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          277.19
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: right; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: right; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          302.77
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Allowance for losses on non-covered loans to total
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            non-covered loans <sup>(1)</sup>
          </p>
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.41
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.42
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: right; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: right; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.41
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          (1)
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Excludes the allowance for losses on PCI loans.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 10pt; text-align: center; font-family: Times New Roman">
          4
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      The following table summarizes the Company&#8217;s net charge-offs
      (recoveries) for the three months ended March 31, 2017, December 31,
      2016, and March 31, 2016:
    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="17">
          <b>For the Three Months Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="5">
          <b>March 31,</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="5">
          <b>December 31,</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="5">
          <b>March 31,</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          (dollars in thousands)
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="5">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="5">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="5">
          <b>2016</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Charge-offs:</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          Multi-family
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          Commercial real estate
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          One-to-four family
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          46
        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          Acquisition, development, and construction
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 5.0px">
          Other <sup>(1)</sup>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          5,830
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          2,258
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          148
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Total charge-offs
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          5,830
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          2,258
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          194
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Recoveries:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          Multi-family
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          Commercial real estate
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (15
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (19
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (712
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          One-to-four family
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (2
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          Acquisition, development, and construction
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (100
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (167
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 5.0px">
          Other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (88
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (648
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (248
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Total recoveries
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (203
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (669
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (1,127
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Net charge-offs (recoveries)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          5,627
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          1,589
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (933
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Net charge-offs (recoveries) to average loans <sup>(2)</sup>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          0.01
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          0.00
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          (0.00
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: left; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          (1)
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Includes New York City taxi medallion loans of $2.9 million, $2.3
          million, and $78,000, respectively, in the three months ended March
          31, 2017, December 31, 2016, and March 31, 2016.
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          (2)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          The measures for the three months ended March 31, 2017, December 31,
          2016, and March 31, 2016 are non-annualized.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      The following table presents the Company&#8217;s non-covered loans 30 to 89
      days past due at March 31, 2017, December 31, 2016, and March 31, 2016:
    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (in thousands)
          </p>
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="4">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>March 31,</b><br><b>2017</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="4">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>December 31,</b><br><b>2016</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="4">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>March 31,</b><br><b>2016</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Non-Covered Loans 30 to 89 Days Past Due:</b>
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Multi-family
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          8
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          28
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          760
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Commercial real estate
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          1,202
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          One-to-four family
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          792
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2,844
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          380
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Acquisition, development, and construction
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Other <sup>(1)</sup>
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          14,465
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          7,511
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          2,045
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Total non-covered loans 30 to 89 days past due
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          16,467
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          10,383
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          3,185
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          (1)
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Includes New York City taxi medallion loans of $13.3 million, $6.8
          million, and $1.4 million, respectively, at March 31, 2017, December
          31, 2016, and March 31, 2016.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      <u><b>Securities</b></u>
    </p>
    <p>
      Primarily reflecting prepayments, securities declined $124.7 million
      from the year-end 2016 balance to $3.7 billion, representing 7.6% of
      total assets, at March 31, 2017. Included in the latter amount were
      securities held to maturity of $3.6 billion and securities available for
      sale of $50.2 million.
    </p>
    <p>
      <u><b>Funding Sources</b></u>
    </p>
    <p>
      In the three months ended March 31, 2017, deposits fell $161.4 million
      to $28.7 billion, primarily reflecting a $422.7 million decline in NOW
      and money market accounts to $13.0 billion. The latter reduction was
      largely offset by a $220.9 million rise in non-interest-bearing accounts
      to $2.9 billion, together with a $55.4 million increase in savings
      accounts to $5.3 billion. Certificates of deposit (&#8220;CDs&#8221;) had little
      impact on the decrease in total deposits, amounting to $7.6 billion at
      both March 31, 2017 and December 31, 2016. CDs represented 26.3% of
      total deposits at the end of the first quarter, and deposits represented
      58.8% of total assets at that date.
    </p>
    <p>
      The balance of wholesale borrowings fell to $12.9 billion at the end of
      the current first quarter from $13.3 billion at December 31st.
      Reflecting this reduction, borrowed funds fell $459.9 million
      sequentially to $13.2 billion, representing 27.1% of total assets at
      that date.
    </p>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 10pt; text-align: center; font-family: Times New Roman">
          5
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <u><b>Stockholders&#8217; Equity</b></u>
    </p>
    <p>
      Largely reflecting the capital raised through the aforementioned
      preferred stock offering, total stockholders&#8217; equity rose $523.4 million
      from the year-end 2016 balance to $6.6 billion at the current first
      quarter-end. Common stockholders&#8217; equity represented 12.58% and 12.52%,
      respectively, of total assets at March 31, 2017 and December 31, 2016,
      and a book value per common share of $12.57 at each of those dates.
    </p>
    <p>
      Excluding goodwill of $2.4 billion and core deposit intangibles (&#8220;CDI&#8221;)
      of $54,000 from the balances of both common stockholders&#8217; equity and
      total assets, tangible common stockholders&#8217; equity rose $20.4 million
      sequentially to $3.7 billion, representing 7.99% of tangible assets and
      a tangible book value per common share of $7.58 at March 31, 2017. At
      the end of last year, and excluding goodwill of $2.4 billion and CDI of
      $208,000 from both common stockholders&#8217; equity and total assets,
      tangible common stockholders&#8217; equity totaled $3.7 billion, representing
      7.93% of tangible assets and a tangible book value per common share of
      $7.57.<sup>(1)</sup>
    </p>
    <p>
      In addition, the regulatory capital ratios for the Company and its
      subsidiary banks continued to exceed the regulatory requirements for
      &#8220;well capitalized&#8221; classification, as indicated in the table located on
      the last page of this release.
    </p>
    <p>
      <u><b>EARNINGS SUMMARY FOR THE THREE MONTHS ENDED MARCH 31, 2017</b></u>
    </p>
    <p>
      Net income available to common shareholders (&#8220;net income&#8221;) totaled
      $104.0 million in the current first quarter, equivalent to $0.21 per
      diluted common share. In the trailing and year-earlier quarters, net
      income totaled $113.7 million and $129.9 million, and was equivalent to
      $0.23 and $0.27 per diluted common share, respectively. The sequential
      and year-over-year declines were primarily due to a decrease in net
      interest income, as further discussed below.
    </p>
    <p>
      <u><b>Net Interest Income</b></u>
    </p>
    <p>
      The Company recorded net interest income of $294.9 million in the
      current first quarter, a $20.6 million decrease from the
      trailing-quarter level and a $32.9 million decrease from the
      year-earlier amount.
    </p>
    <p>
      <i><b>Linked-Quarter Comparison</b></i>
    </p>
    <p>
      The linked-quarter decline in net interest income was attributable to a
      variety of factors, including an increase in our cost of funds, as
      short-term interest rates rose in the quarter; a decline in the yield on
      our interest-earning assets as a rise in market interest rates reduced
      loan demand and the level of prepayment income; and a resultant decline
      in the size of our average balance sheet. Details of the linked-quarter
      decline follow:
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Interest income fell $16.2 million sequentially to $399.1 million in
        the current first quarter as a $14.5 million decline in the interest
        income from loans to $358.4 million combined with a $1.7 million
        decline in the interest income from securities to $40.7 million.
        Prepayment income contributed $12.1 million to interest income in the
        current first quarter, reflecting a linked-quarter reduction of $9.9
        million.
      </li>
      <li style="margin-bottom: 10.0px">
        The decline in the interest income from loans was driven by a $597.2
        million decrease in the average balance to $39.1 billion and a
        nine-basis point decline in the average yield to 3.67%. While the
        decline in the average balance was largely market-driven, the decrease
        in the average yield was a function of the drop in prepayment income.
        Prepayment income contributed $9.6 million to the interest income on
        loans, reflecting an $8.7 million linked-quarter decrease, and
        contributed 10 basis points to the average yield on loans, a decline
        of eight basis points.
      </li>
      <li style="margin-bottom: 10.0px">
        While the average yield on securities rose two basis points linked
        quarter, the benefit was exceeded by the impact of a $166.3 million
        decline in the average balance to $4.3 billion. The increase in the
        average yield was indicative of the rise in market interest rates
        during the quarter, while the decline in the average balance was
        largely due to repayments, as well as management&#8217;s current focus on
        restraining asset growth. Furthermore, prepayment income contributed
        $2.5 million to the interest income on securities in the current first
        quarter, a $1.3 million decrease, and contributed 24 basis points to
        the average yield, a 10-basis point decline.
      </li>
      <li style="margin-bottom: 10.0px">
        As a result, the average balance of interest-earning assets fell
        $763.5 million sequentially to $43.4 billion and the average yield on
        such assets fell eight basis points to 3.68%.
      </li>
      <li style="margin-bottom: 10.0px">
        Interest expense rose $4.4 million sequentially to $104.2 million, as
        a $3.5 million increase in the interest expense on interest-bearing
        deposits combined with a more modest increase in the interest expense
        on borrowed funds.
      </li>
      <li style="margin-bottom: 10.0px">
        Specifically, the interest expense on interest-bearing deposits rose
        to $48.7 million, as an $87.7 million rise in the average balance to
        $26.2 billion combined with a six-basis point rise in the average cost
        of such funds to 0.75%. In addition, the interest expense on borrowed
        funds rose to $55.6 million as the benefit of a $592.9 million decline
        in the average balance to $13.4 billion was exceeded by the impact of
        a 12-basis point increase in the average cost to 1.68%.
      </li>
      <li style="margin-bottom: 10.0px">
        As a result, the average balance of interest-bearing liabilities fell
        $505.3 million sequentially to $39.5 billion and the average cost of
        funds rose eight basis points to 1.07% in the first three months of
        this year.
      </li>
    </ul>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 10pt; text-align: center; font-family: Times New Roman">
          6
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <i><b>Year-Over-Year Comparison</b></i>
    </p>
    <p>
      The following factors contributed to the year-over-year reduction in net
      interest income:
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Interest income fell $24.7 million year-over-year as a $22.4 million
        decline in the interest income from securities was coupled with a $2.3
        million decline in the interest income from loans. Prepayment income
        contributed $23.7 million to interest income in the year-earlier first
        quarter, exceeding the current first-quarter amount by $11.6 million.
      </li>
      <li style="margin-bottom: 10.0px">
        The year-over-year reduction in the interest income from securities
        was driven by a $1.8 billion decline in the average balance and a
        32-basis point drop in the average yield. While the decline in the
        average balance reflects the high volume of securities calls and
        repayments, the decline in the average yield reflects a 58-basis point
        reduction in the contribution of prepayment income from 82 basis
        points in the first quarter of 2016.
      </li>
      <li style="margin-bottom: 10.0px">
        The decline in the interest income from loans was the net effect of a
        $631.4 million rise in the average balance and an eight-basis point
        decline in the average yield. In addition, prepayment income
        contributed $11.0 million to the interest income from loans and 11
        basis points to the average yield on such assets in the year-earlier
        quarter, exceeding the current first-quarter amounts by $1.5 million
        and one basis point, respectively.
      </li>
      <li style="margin-bottom: 10.0px">
        As a result, the average balance of interest-earning assets fell $1.2
        billion from the year-earlier level and the average yield fell 12
        basis points.
      </li>
      <li style="margin-bottom: 10.0px">
        Interest expense rose $8.3 million year-over-year as the interest
        expense on deposits rose $7.9 million and the interest expense on
        borrowed funds rose a far more modest amount.
      </li>
      <li style="margin-bottom: 10.0px">
        The year-over-year rise in interest expense stemming from deposits was
        due to a 12-basis point rise in the average cost of such funds,
        together with an $87.3 million rise in the average balance. The modest
        increase in the interest income from borrowed funds was driven by a
        21-basis point rise in the average cost of such funding and tempered
        by a $1.7 billion decline in the average balance from the year-earlier
        amount.
      </li>
      <li style="margin-bottom: 10.0px">
        As a result, the average balance of interest-bearing liabilities fell
        $1.6 billion and the average cost of funds fell 13 basis points
        year-over-year.
      </li>
    </ul>
    <p>
      <i><b>Net Interest Margin</b></i>
    </p>
    <p>
      The direction of the Company&#8217;s net interest margin was consistent with
      that of its net interest income, and generally was driven by the same
      factors as those described above. At 2.71%, the margin was 15 basis
      points narrower than the trailing-quarter measure and 23 basis points
      narrower than the margin recorded in the first quarter of last year. The
      respective reductions were due, in part, to a decline in prepayment
      income from the levels recorded in the trailing and year-earlier
      quarters, as reflected in the following table:
    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (dollars in thousands)
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="5">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>March 31, </b><br><b>2017</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="5">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>December 31,</b><br><b>2016</b>
          </p>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="5">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>March 31,</b><br><b>2016</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Total interest income</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          399,119
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          415,348
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          423,810
        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Prepayment income:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 20.0px">
          From loans
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          9,566
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          18,243
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          11,034
        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 20.0px">
          From securities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          2,548
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          3,814
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          12,696
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Total prepayment income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          12,114
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          22,057
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          23,730
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Net interest margin </b>(including the contribution
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            of prepayment income)
          </p>
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: right; padding-left: 0.0px">

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2.71
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: right; padding-left: 0.0px">

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2.86
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: right; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: right; padding-left: 0.0px">

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2.94
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Less:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Contribution of prepayment income to net
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            interest margin:
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 20.0px">
          From loans
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          9
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          bps
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          17
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          bps
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          10
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          bps
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 20.0px">
          From securities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          2
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          3
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          12
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Total contribution of prepayment income to net
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 5.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            interest margin
          </p>
        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: right; padding-left: 0.0px">

        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          11
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt; text-align: left; padding-left: 5.0px">
          bps
        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: right; padding-left: 0.0px">

        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          20
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt; text-align: left; padding-left: 5.0px">
          bps
        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="padding-bottom: 4.0px; text-align: right; padding-left: 0.0px">

        </td>
        <td valign="top" style="padding-bottom: 4.0px; text-align: right; padding-left: 0.0px">

        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          22
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt; text-align: left; padding-left: 5.0px">
          bps
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Adjusted net interest margin </b>(i.e., excluding
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            the contribution of prepayment income) <sup>(1)</sup>
          </p>
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: right; padding-left: 0.0px">

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2.60
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: right; padding-left: 0.0px">

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2.66
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: right; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: right; padding-left: 0.0px">

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2.72
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          (1)
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          &#8220;Adjusted net interest margin&#8221; is a non-GAAP financial measure as
          more fully discussed below.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 10pt; text-align: center; font-family: Times New Roman">
          7
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      While our net interest margin, including the contribution of prepayment
      income, is recorded in accordance with GAAP, adjusted net interest
      margin, which excludes the contribution of prepayment income, is not.
      Nevertheless, management uses this non-GAAP measure in its analysis of
      our performance, and believes that this non-GAAP measure should be
      disclosed in our earnings releases and other investor communications for
      the following reasons:
    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          1.
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Adjusted net interest margin gives investors a better understanding
          of the effect of prepayment income on our net interest margin.
          Prepayment income in any given period depends on the volume of loans
          that refinance or prepay, or securities that prepay, during that
          period. Such activity is largely dependent on external factors such
          as current market conditions, including real estate values, and the
          perceived or actual direction of market interest rates.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          2.
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Adjusted net interest margin is among the measures considered by
            current and prospective investors, both independent of, and in
            comparison with, our peers.
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>
      Adjusted net interest margin should not be considered in isolation or as
      a substitute for net interest margin, which is calculated in accordance
      with GAAP. Moreover, the manner in which we calculate this non-GAAP
      measure may differ from that of other companies reporting a non-GAAP
      measure with a similar name.
    </p>
    <p>
      <u><b>Provision for (Recovery of) Loan Losses</b></u>
    </p>
    <p>
      <i><b>Provision for Losses on Non-Covered Loans</b></i>
    </p>
    <p>
      Reflecting management&#8217;s assessment of the adequacy of the allowance for
      non-covered loan losses, the Company recorded a $1.8 million provision
      for non-covered loan losses in the current first quarter, as compared to
      $5.2 million and $2.7 million in the three months ended December 31,
      2016 and March 31, 2016, respectively.
    </p>
    <p>
      <i><b>Recovery of Losses on Covered Loans</b></i>
    </p>
    <p>
      Reflecting an increase in the cash flows expected from certain pools of
      acquired loans covered by FDIC loss-sharing agreements, the Company
      recovered $5.8 million, $1.7 million, and $2.9 million from the
      allowance for covered loan losses in the three months ended March 31,
      2017, December 31, 2016, and March 31, 2016, respectively.
    </p>
    <p>
      The recoveries recorded in the respective quarters were largely offset
      by FDIC indemnification expense of $4.6 million, $1.3 million, and $2.3
      million, which was recorded in &#8220;Non-interest income&#8221; in the respective
      periods.
    </p>
    <p>
      <u><b>Non-Interest Income</b></u>
    </p>
    <p>
      Non-interest income totaled $32.2 million in the current first quarter,
      down $202,000 from the trailing-quarter level and $3.1 million from the
      year-earlier amount.
    </p>
    <p>
      The linked-quarter decline was driven by reductions in various revenue
      sources, including a $1.5 million decrease in bank-owned life insurance
      (&#8220;BOLI&#8221;) income to $6.3 million, and more modest reductions in fee
      income and net securities gains to $7.9 million and $2.0 million,
      respectively. In addition, the sale of loans generated a first-quarter
      loss of $266,000 in contrast to a $688,000 gain in the trailing quarter,
      and FDIC indemnification expense rose $3.3 million sequentially. The
      combined impact of these factors was largely offset by a $6.5 million
      increase in mortgage banking income to $9.8 million in the three months
      ended March 31, 2017.
    </p>
    <p>
      The year-over-year decline in non-interest income reflects a similar
      combination of factors, including a $3.0 million reduction in BOLI
      income, a $2.3 million increase in FDIC indemnification expense, and the
      $6.0 million difference between the current first-quarter loss on loan
      sales and the year-earlier first-quarter gain. These reductions were
      somewhat offset by a $5.6 million increase in mortgage banking income
      and a $1.8 million increase in net securities gains.
    </p>
    <p>
      The following table summarizes our mortgage banking income for the
      periods indicated:
    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="17">
          <b>For the Three Months Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="5">
          <b>March 31,</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="5">
          <b>December 31,</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="5">
          <b>March 31,</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          (in thousands)
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="5">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="5">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="5">
          <b>2016</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Mortgage Banking Income:</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Income from originations
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          4,975
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          6,901
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          13,613
        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Servicing income (loss)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          4,789
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (3,640
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (9,475
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Total mortgage banking income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          9,764
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          3,261
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          4,138
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      As reflected in the preceding table, the year-over-year increase in
      mortgage banking income was largely driven by the $14.3 million
      difference between the servicing income recorded in the current first
      quarter and the year-earlier servicing loss. The loss was primarily due
      to a change in modeling assumptions used by the Company&#8217;s mortgage
      banking division for the valuation of mortgage servicing rights. In
      contrast, the higher level of income from originations recorded in the
      year-earlier first quarter was attributable to the higher volume of
      loans sold, as well as higher sales margins, and to the reversal of $5.9
      million from the representation and warranty reserve on one-to-four
      family loans held for sale during that time.
    </p>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 10pt; text-align: center; font-family: Times New Roman">
          8
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <u><b>Non-Interest Expense</b></u>
    </p>
    <p>
      Non-interest expense totaled $166.9 million in the current first
      quarter, a $3.7 million decrease from the trailing-quarter level and an
      $8.5 million increase from the year-earlier amount. Merger-related
      expenses added $6.0 million and $1.2 million, respectively, to
      non-interest expense in the trailing and year-earlier quarters; there
      were no comparable expenses in the first quarter of 2017.
    </p>
    <p>
      The bulk of the Company&#8217;s non-interest expense consists of operating
      expenses, which totaled $166.8 million in the current first quarter, as
      compared to $164.2 million and $156.4 million, respectively, in the
      earlier periods. The linked-quarter increase was largely driven by a
      $5.3 million rise in compensation and benefits expense to $95.6 million,
      and tempered by a $3.1 million decline in general and administrative
      (&#8220;G&amp;A&#8221;) expense to $46.2 million. The rise in compensation and benefits
      expense was due to a combination of factors, including the payment of
      payroll taxes, the addition of senior-level staff in certain back-office
      departments, normal salary increases, and certain incentive
      compensation. The decline in G&amp;A expense was largely due to a reduction
      in advertising expenses, together with a decrease in legal fees.
      Occupancy and equipment expense rose modestly from the trailing-quarter
      level, totaling $25.1 million in the first three months of 2017.
    </p>
    <p>
      The year-over-year rise in compensation and benefits expense was
      substantially greater, as a $6.3 million increase in compensation and
      benefits expense was coupled with a $4.9 million increase in G&amp;A
      expense. While the year-over-year rise in compensation and benefits
      expense was generally attributable to the same factors as the
      linked-quarter increase, the year-over-year rise in G&amp;A expense was
      largely attributable to higher FDIC insurance premiums and professional
      fees. The impact of these increases on the Company&#8217;s operating expenses
      was modestly tempered by a $756,000 decrease in occupancy and equipment
      expense.
    </p>
    <p>
      <u><b>Income Tax Expense</b></u>
    </p>
    <p>
      Income tax expense totaled $60.2 million in the current first quarter, a
      modest rise from the trailing-quarter level and a $14.7 million
      reduction from the year-earlier amount.
    </p>
    <p>
      While pre-tax income fell $9.6 million sequentially, to $164.2 million,
      the effective tax rate rose to 36.67% in the current first quarter from
      34.55% in the trailing three-month period. The level of the effective
      tax rate in the trailing quarter reflects the deductibility of certain
      merger-related expenses following the termination of the merger
      agreement with Astoria Financial Corporation in December 2016. In the
      first quarter of 2016, pre-tax income was $40.7 million higher than the
      current first-quarter level, and the effective tax rate was modestly
      lower at 36.58%.
    </p>
    <p>
      <u><b>About New York Community Bancorp, Inc.</b></u>
    </p>
    <p>
      One of the largest U.S. bank holding companies, with assets of $48.8
      billion, New York Community Bancorp, Inc. is a leading producer of
      multi-family loans on non-luxury, rent-regulated apartment buildings in
      New York City, and the parent of New York Community Bank and New York
      Commercial Bank. With deposits of $28.7 billion and 255 branches in
      Metro New York, New Jersey, Florida, Ohio, and Arizona, the Company also
      ranks among the largest depositories in the United States.
    </p>
    <p>
      Reflecting its growth through a series of acquisitions, the Community
      Bank currently operates through seven local divisions, each with a
      history of service and strength: Queens County Savings Bank, Roslyn
      Savings Bank, Richmond County Savings Bank, and Roosevelt Savings Bank
      in New York; Garden State Community Bank in New Jersey; Ohio Savings
      Bank in Ohio; and AmTrust Bank in Florida and Arizona. Similarly, New
      York Commercial Bank currently operates 18 of its 30 New York-based
      branches under the divisional name Atlantic Bank. Additional information
      about the Company and its bank subsidiaries is available at <u>www.myNYCB.com</u>
      and <u>www.NewYorkCommercialBank.com</u>.
    </p>
    <p>
      <u><b>Post-Earnings Release Conference Call</b></u>
    </p>
    <p>
      As previously announced, the Company will host a conference call on
      Wednesday, April 26, 2017, at 8:30 a.m. (Eastern Daylight Time) to
      discuss its first quarter 2017 performance and strategies. The
      conference call may be accessed by dialing (877) 407-8293 (for domestic
      calls) or (201) 689-8349 (for international calls) and asking for &#8220;New
      York Community Bancorp&#8221; or &#8220;NYCB&#8221;. A replay will be available
      approximately three hours following completion of the call through 11:59
      p.m. on April 30, 2017 and may be accessed by calling (877) 660-6853
      (domestic) or (201) 612-7415 (international) and providing the following
      conference ID: 13658110. In addition, the conference call will be
      webcast at ir.myNYCB.com, and archived through 5:00 p.m. on May 24, 2017.
    </p>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 10pt; text-align: center; font-family: Times New Roman">
          9
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <u><b>Cautionary Statements Regarding Forward-Looking Information</b></u>
    </p>
    <p>
      This earnings release and the associated conference call may include
      forward-looking statements by the Company and our authorized officers
      pertaining to such matters as our goals, intentions, and expectations
      regarding revenues, earnings, loan production, asset quality, capital
      levels, and acquisitions, among other matters; our estimates of future
      costs and benefits of the actions we may take; our assessments of
      probable losses on loans; our assessments of interest rate and other
      market risks; and our ability to achieve our financial and other
      strategic goals.
    </p>
    <p>
      Forward-looking statements are typically identified by such words as
      &#8220;believe,&#8221; &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;intend,&#8221; &#8220;outlook,&#8221; &#8220;estimate,&#8221;
      &#8220;forecast,&#8221; &#8220;project,&#8221; and other similar words and expressions, and are
      subject to numerous assumptions, risks, and uncertainties, which change
      over time. Additionally, forward-looking statements speak only as of the
      date they are made; the Company does not assume any duty, and does not
      undertake, to update our forward-looking statements. Furthermore,
      because forward-looking statements are subject to assumptions and
      uncertainties, actual results or future events could differ, possibly
      materially, from those anticipated in our statements, and our future
      performance could differ materially from our historical results.
    </p>
    <p>
      Our forward-looking statements are subject to the following principal
      risks and uncertainties: general economic conditions and trends, either
      nationally or locally; conditions in the securities markets; changes in
      interest rates; changes in deposit flows, and in the demand for deposit,
      loan, and investment products and other financial services; changes in
      real estate values; changes in the quality or composition of our loan or
      investment portfolios; changes in competitive pressures among financial
      institutions or from non-financial institutions; our ability to obtain
      the necessary shareholder and regulatory approvals of any acquisitions
      we may propose; our ability to successfully integrate any assets,
      liabilities, customers, systems, and management personnel we may acquire
      into our operations, and our ability to realize related revenue
      synergies and cost savings within expected time frames; changes in
      legislation, regulations, and policies; and a variety of other matters
      which, by their nature, are subject to significant uncertainties and/or
      are beyond our control.
    </p>
    <p>
      More information regarding some of these factors is provided in the Risk
      Factors section of our Form 10-K for the year ended December 31, 2016
      and in other SEC reports we file. Our forward-looking statements may
      also be subject to other risks and uncertainties, including those we may
      discuss in this news release, on our conference call, during investor
      presentations, or in our SEC filings, which are accessible on our
      website and at the SEC&#8217;s website, <u>www.sec.gov</u>.
    </p>
    <p style="text-align: center">
      - Financial Statements and Highlights Follow -
    </p>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 10pt; text-align: center; font-family: Times New Roman">
          10
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td colspan="10">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="10">
          <b>NEW YORK COMMUNITY BANCORP, INC.</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="10">
          <b>CONSOLIDATED STATEMENTS OF CONDITION</b>
        </td>
      </tr>
      <tr>
        <td colspan="10">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>March 31,</b>
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>December 31,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="3">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="3">
          <b>2016</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          (in thousands, except share data)
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          (unaudited)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Assets</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Cash and cash equivalents
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          984,296
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          557,850
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Securities:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Available-for-sale
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          50,224
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          104,281
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Held-to-maturity
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          3,642,104
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          3,712,776
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Total securities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          3,692,328
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          3,817,057
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Loans held for sale
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          215,981
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          409,152
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Non-covered mortgage loans held for investment:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Multi-family
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          27,053,626
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          26,961,486
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Commercial real estate
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          7,536,268
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          7,727,258
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 10.0px">
          One-to-four family
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          416,982
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          381,081
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Acquisition, development, and construction
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          382,289
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          380,522
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Total non-covered mortgage loans held for investment
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          35,389,165
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          35,450,347
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Other non-covered loans:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Commercial and industrial
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          1,918,380
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          1,908,308
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Other loans
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          22,944
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          24,067
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Total non-covered other loans held for investment
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          1,941,324
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          1,932,375
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Total non-covered loans held for investment
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          37,330,489
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          37,382,722
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Less: Allowance for losses on non-covered loans
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (154,450
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (158,290
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Non-covered loans held for investment, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          37,176,039
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          37,224,432
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Covered loans
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          1,599,101
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          1,698,133
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Less: Allowance for losses on covered loans
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (17,906
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (23,701
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Covered loans, net
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          1,581,195
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          1,674,432
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Total loans, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          38,973,215
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          39,308,016
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Federal Home Loan Bank stock, at cost
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          577,943
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          590,934
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Premises and equipment, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          379,304
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          373,675
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          FDIC loss share receivable
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          221,158
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          243,686
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Goodwill
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2,436,131
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2,436,131
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Core deposit intangibles, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          54
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          208
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Other assets (includes $17,292 and $16,990, respectively, of other
            real estate owned
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 5.0px">
          covered by loss sharing agreements)
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          1,560,135
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          &#160;
        </td>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          1,598,998
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          <b>Total assets</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          48,824,564
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          48,926,555
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Liabilities and Stockholders&#8217; Equity</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Deposits:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          NOW and money market accounts
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          12,972,381
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          13,395,080
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Savings accounts
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          5,335,783
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          5,280,374
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Certificates of deposit
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          7,562,207
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          7,577,170
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Non-interest-bearing accounts
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          2,856,175
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          2,635,279
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Total deposits
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          28,726,546
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          28,887,903
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Borrowed funds:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Wholesale borrowings
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          12,854,500
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          13,314,500
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Junior subordinated debentures
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          358,952
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          358,879
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Total borrowed funds
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          13,213,452
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          13,673,379
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Other liabilities
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          237,215
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          241,282
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Total liabilities
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          42,177,213
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          42,802,564
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Stockholders&#8217; equity:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Preferred stock at par $0.01 (5,000,000 shares authorized):
          </p>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px">
          Series A (515,000 shares issued and outstanding)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          503,116
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Common stock at par $0.01 (900,000,000 shares authorized;
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            488,953,712 and 487,067,889 shares issued; and
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            488,953,712 and 487,056,676 shares outstanding, respectively)
          </p>
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          4,890
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          4,871
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Paid-in capital in excess of par
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          6,045,979
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          6,047,558
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Retained earnings
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          149,425
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          128,435
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Treasury stock, at cost (11,213 shares at December 31, 2016)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (160
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Accumulated other comprehensive loss, net of tax:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 20.0px">
          Net unrealized loss on securities available for sale, net of tax
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (1,336
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (753
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 20.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Net unrealized loss on the non-credit portion of
            other-than-temporary impairment losses,
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 25.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            net of tax
          </p>
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (5,222
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          )
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (5,241
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 20.0px">
          Pension and post-retirement obligations, net of tax
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (49,501
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (50,719
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Total accumulated other comprehensive loss, net of tax
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (56,059
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (56,713
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Total stockholders&#8217; equity
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          6,647,351
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          6,123,991
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          <b>Total liabilities and stockholders&#8217; equity</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          48,824,564
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          48,926,555
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 10pt; text-align: center; font-family: Times New Roman">
          11
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td colspan="15">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="15">
          <b>NEW YORK COMMUNITY BANCORP, INC.</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="15">
          <b>CONSOLIDATED STATEMENTS OF OPERATIONS</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="15">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (in thousands, except per share data)
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="15">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (unaudited)
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="15">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="13">
          <b>For the Three Months Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="4">
          <b>March 31,</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="4">
          <b>Dec. 31,</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>March 31,</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="4">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="4">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="3">
          <b>2016</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Interest Income:</b>
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Mortgage and other loans
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $358,402
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $372,883
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $360,723
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Securities and money market investments
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          40,717
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          42,465
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          63,087
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Total interest income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          399,119
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          415,348
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          423,810
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Interest Expense:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          NOW and money market accounts
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          19,709
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          16,395
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          14,619
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Savings accounts
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          6,810
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          6,981
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          10,208
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Certificates of deposit
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          22,131
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          21,746
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          15,890
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Borrowed funds
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          55,552
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          54,706
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          55,227
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Total interest expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          104,202
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          99,828
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          95,944
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Net interest income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          294,917
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          315,520
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          327,866
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Provision for losses on non-covered loans
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          1,787
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          5,175
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2,721
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Recovery of losses on covered loans
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (5,795
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (1,659
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (2,897
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Net interest income after provision for
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 5.0px">
          (recovery of) loan losses
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: right; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          298,925
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          &#160;
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          312,004
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          &#160;
        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          328,042
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Non-Interest Income:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Mortgage banking income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          9,764
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          3,261
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          4,138
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Fee income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          7,860
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          8,185
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          7,923
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Bank-owned life insurance
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          6,337
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          7,807
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          9,336
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Net (loss) gain on sales of loans
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (266
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          688
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          5,775
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Net gain on sales of securities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          1,979
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2,934
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          163
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          FDIC indemnification expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (4,636
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (1,327
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (2,318
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Other income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          11,134
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          10,826
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          10,220
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Total non-interest income
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          32,172
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          32,374
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          35,237
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Non-Interest Expense:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Operating expenses:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px">
          Compensation and benefits
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          95,554
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          90,206
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          89,304
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px">
          Occupancy and equipment
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          25,059
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          24,706
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          25,815
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 15.0px">
          General and administrative
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          46,176
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          49,290
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          41,270
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Total operating expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          166,789
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          164,202
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          156,389
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Amortization of core deposit intangibles
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          154
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          397
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          846
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 10.0px">
          Merger-related expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          6,003
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          1,213
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Total non-interest expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          166,943
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          170,602
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          158,448
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Income before income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          164,154
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          173,776
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          204,831
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Income tax expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          60,197
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          60,043
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          74,922
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          <b>Net income available to common shareholders</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $103,957
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $113,733
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $129,909
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          <b>Basic earnings per common share</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $0.21
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $0.23
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $0.27
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          <b>Diluted earnings per common share</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $0.21
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $0.23
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $0.27
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 10pt; text-align: center; font-family: Times New Roman">
          12
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; margin-right: 0; margin-left: 0; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>NEW YORK COMMUNITY BANCORP, INC.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>RECONCILIATIONS OF CERTAIN GAAP AND NON-GAAP FINANCIAL MEASURES</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px">
          (unaudited)
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      While stockholders&#8217; equity, total assets, and book value per share are
      financial measures that are recorded in accordance with U.S. generally
      accepted accounting principles (&#8220;GAAP&#8221;), tangible stockholders&#8217; equity,
      tangible assets, and tangible book value per share are not.
      Nevertheless, it is management&#8217;s belief that these non-GAAP measures
      should be disclosed in our earnings releases and other investor
      communications for the following reasons:
    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          1.
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Tangible stockholders&#8217; equity is an important indication of the
            Company&#8217;s ability to grow organically and through business
            combinations, as well as its ability to pay dividends and to
            engage in various capital management strategies.
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          2.
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Returns on average tangible assets and average tangible
            stockholders&#8217; equity are among the profitability measures
            considered by current and prospective investors, both independent
            of, and in comparison with, the Company&#8217;s peers.
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          3.
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Tangible book value per share and the ratio of tangible
            stockholders&#8217; equity to tangible assets are among the capital
            measures considered by current and prospective investors, both
            independent of, and in comparison with, its peers.
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      Tangible stockholders&#8217; equity, tangible assets, and the related non-GAAP
      profitability and capital measures should not be considered in isolation
      or as a substitute for stockholders&#8217; equity, total assets, or any other
      profitability or capital measure calculated in accordance with GAAP.
      Moreover, the manner in which we calculate these non-GAAP measures may
      differ from that of other companies reporting non-GAAP measures with
      similar names.
    </p>
    <p>
      The following table presents reconciliations of our common stockholders&#8217;
      equity and tangible common stockholders&#8217; equity, our total assets and
      tangible assets, and the related GAAP and non-GAAP profitability and
      capital measures at or for the three months ended March 31, 2017,
      December 31, 2016, and March 31, 2016:
    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="8">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="8">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>At or for the </b><br><b>Three Months Ended</b>
          </p>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>March 31,</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>December 31,</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>March 31,</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          (dollars in thousands)
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <b>2016</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Total Stockholders&#8217; Equity</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $6,647,351
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $6,123,991
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $5,984,800
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Less: Goodwill
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (2,436,131
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (2,436,131
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (2,436,131
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 30.0px">
          Core deposit intangibles
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (54
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (208
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (1,753
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 30.0px">
          Preferred stock
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (503,116
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          --
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Tangible common stockholders&#8217; equity</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $3,708,050
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $3,687,652
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $3,546,916
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Total Assets</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $48,824,564
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $48,926,555
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $48,515,572
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Less: Goodwill
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (2,436,131
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (2,436,131
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          (2,436,131
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 30.0px">
          Core deposit intangibles (&#8220;CDI&#8221;)
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (54
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (208
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (1,753
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Tangible assets</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $46,388,379
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $46,490,216
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $46,077,688
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Average Common Stockholders&#8217; Equity</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $6,151,286
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $6,123,550
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $5,973,381
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Less: Average goodwill and CDI
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (2,436,286
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (2,436,559
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (2,438,438
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Average tangible common stockholders&#8217; equity</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $3,715,000
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $3,686,991
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $3,534,943
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Average Assets</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $48,736,309
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $49,388,513
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $49,951,947
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Less: Average goodwill and CDI
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (2,436,286
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (2,436,559
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          (2,438,438
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: left; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Average tangible assets</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $46,300,023
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $46,951,954
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $47,513,509
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Net Income Available to Common Shareholders</b><sup>(1)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $103,957
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $113,733
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $129,909
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Add back: Amortization of CDI, net of tax
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          92
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          238
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          508
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Adjusted net income available to common shareholders</b><sup>(2)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $104,049
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $113,971
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $130,417
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>GAAP MEASURES:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Return on average assets
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.85
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.92
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          1.04
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Return on average common stockholders&#8217; equity
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          6.76
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          7.43
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          8.70
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Common stockholders&#8217; equity to total assets
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          12.58
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          12.52
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          12.34
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Book value per common share
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $12.57
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $12.57
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $12.29
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Non-GAAP MEASURES:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Return on average tangible assets
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.90
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.97
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          1.05
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Return on average tangible common stockholders&#8217; equity
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          11.20
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          12.36
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          14.89
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Tangible common stockholders&#8217; equity to tangible assets
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          7.99
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          7.93
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          7.70
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Tangible book value per common share
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $7.58
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $7.57
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $7.28
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          (1)
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          To calculate our returns on average assets and average common
          stockholders&#8217; equity for a period, we divide the net income
          available to common shareholders generated during that period by the
          average assets and the average common stockholders&#8217; equity recorded
          during that time.
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          (2)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          To calculate our returns on average tangible assets and average
          tangible common stockholders&#8217; equity for a period, we adjust the net
          income available to common shareholders generated during that period
          by adding back the amortization of CDI, net of tax, and then divide
          that adjusted net income by the average tangible assets and the
          average tangible common stockholders&#8217; equity recorded during that
          time.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 10pt; text-align: center; font-family: Times New Roman">
          13
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td colspan="29">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="29">
          <b>NEW YORK COMMUNITY BANCORP, INC.</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="29">
          <b>NET INTEREST INCOME ANALYSIS</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="29">
          <b>LINKED-QUARTER AND YEAR-OVER-YEAR COMPARISONS</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="29">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (unaudited)
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="29">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="27">
          <b>For the Three Months Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="8">
          <b>March 31, 2017</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="8">
          <b>December 31, 2016</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="9">
          <b>March 31, 2016</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>Average</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>Average</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>Average</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>Average</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>Yield/</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>Average</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>Yield/</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>Average</b>
        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>Yield/</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          (dollars in thousands)
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <b>Balance</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <b>Interest</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <b>Cost</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <b>Balance</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <b>Interest</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <b>Cost</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <b>Balance</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="3">
          <b>Interest</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <b>Cost</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Assets:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          Interest-earning assets:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px">
          Mortgage and other loans, net
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          39,069,323
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          358,402
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          3.67
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          39,666,550
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          372,883
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          3.76
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          38,437,915
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          360,723
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          3.75
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 15.0px">
          Securities and money market investments
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          4,349,028
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          40,717
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          3.77
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          4,515,294
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          42,465
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          3.75
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          6,176,122
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          63,087
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          4.09
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Total interest-earning assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          43,418,351
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          399,119
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          3.68
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          44,181,844
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          415,348
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          3.76
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          44,614,037
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          423,810
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          3.80
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Non-interest-earning assets
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          5,317,958
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          5,206,669
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          5,337,910
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Total assets
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          48,736,309
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          49,388,513
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          49,951,947
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>Liabilities and Stockholders&#8217; Equity:</b>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 5.0px">
          Interest-bearing deposits:
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px">
          NOW and money market accounts
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          13,213,490
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          19,709
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.60
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          13,242,362
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          16,395
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.49
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          13,285,335
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          14,619
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.44
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px">
          Savings accounts
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          5,250,724
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          6,810
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.53
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          5,327,346
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          6,981
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.52
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          6,863,220
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          10,208
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.60
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 15.0px">
          Certificates of deposit
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          7,687,089
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          22,131
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          1.17
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          7,493,925
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          21,746
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          1.15
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          5,915,482
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          15,890
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          1.08
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Total interest-bearing deposits
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          26,151,303
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          48,650
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.75
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          26,063,633
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          45,122
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.69
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          26,064,037
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          40,717
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.63
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Borrowed funds
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          13,395,369
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          55,552
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          1.68
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          13,988,313
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          54,706
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          1.56
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          15,063,985
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          55,227
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          1.47
        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Total interest-bearing liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          39,546,672
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          104,202
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          1.07
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          40,051,946
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          99,828
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.99
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          41,128,022
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          95,944
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.94
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Non-interest-bearing deposits
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2,735,560
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2,990,053
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2,647,331
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Other liabilities
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          218,726
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          222,964
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          203,213
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Total liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          42,500,958
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          43,264,963
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          43,978,566
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          Stockholders&#8217; equity
        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          6,235,351
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          6,123,550
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt">
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: right; padding-left: 0.0px">
          5,973,381
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Total liabilities and stockholders&#8217; equity
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          48,736,309
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          49,388,513
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          49,951,947
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Net interest income/interest rate spread
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          294,917
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          2.61
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          315,520
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          2.77
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          327,866
        </td>
        <td style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt">
          &#160;
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          2.86
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: left; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">
          Net interest margin
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          2.71
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          2.86
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          2.94
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: left; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Ratio of interest-earning assets to interest-
          </p>
        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 5.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            bearing liabilities
          </p>
        </td>
        <td valign="top" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: right; padding-left: 0.0px" colspan="2">

        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: right; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: right; padding-left: 0.0px" colspan="2">

        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: right; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          1.10
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt; text-align: left; padding-left: 0.0px">
          x
        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: right; padding-left: 0.0px" colspan="2">

        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: right; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: right; padding-left: 0.0px" colspan="2">

        </td>
        <td valign="bottom" style="padding-bottom: 4.0px; text-align: right; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          1.10
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt; text-align: left; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            x
          </p>
        </td>
        <td valign="top" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px" colspan="2">

        </td>
        <td valign="top" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="padding-bottom: 4.0px; text-align: right; padding-left: 0.0px" colspan="2">

        </td>
        <td valign="top" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="padding-bottom: 4.0px; text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 2.25pt; text-align: right; padding-left: 0.0px">
          1.08
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: double; border-bottom-width: 2.25pt; text-align: left; padding-left: 0.0px">
          x
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="width: 100%; margin-bottom: 10pt; margin-right: 0pt; text-indent: 0pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="font-size: 10pt; text-align: center; font-family: Times New Roman">
          14
        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td colspan="10">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="10">
          <b>NEW YORK COMMUNITY BANCORP, INC.</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="10">
          <b>CONSOLIDATED FINANCIAL HIGHLIGHTS</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="10">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (unaudited)
          </p>
        </td>
      </tr>
      <tr>
        <td colspan="10">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="8">
          <b>For the Three Months Ended</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>March 31,</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>December 31,</b>
        </td>
        <td>
          &#160;
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>March 31,</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="padding-bottom: 2.0px; text-align: left; padding-left: 0.0px">
          (in thousands, except share and per share data)
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <b>2016</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>PROFITABILITY MEASURES:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Net income available to common shareholders
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $103,957
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $113,733
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $129,909
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Basic earnings per common share
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.21
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.23
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.27
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Diluted earnings per common share
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.21
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.23
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.27
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Return on average assets
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.85
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.92
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          1.04
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Return on average tangible assets <sup>(1)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.90
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          0.97
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          1.10
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Return on average common stockholders&#8217; equity
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          6.76
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          7.43
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          8.70
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Return on average tangible common stockholders&#8217; equity <sup>(1)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          11.20
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          12.36
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          14.76
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Efficiency ratio <sup>(2)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          50.99
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          47.20
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          43.07
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Operating expenses to average assets
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          1.37
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          1.33
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          1.25
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Net interest rate spread
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2.61
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2.77
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2.86
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Net interest margin
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2.71
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2.86
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          2.94
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Effective tax rate
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          36.67
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          34.55
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          36.58
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Shares used for basic common EPS computation
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          486,511,756
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          485,337,734
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          484,605,397
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Shares used for diluted common EPS computation
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          486,511,756
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          485,337,734
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          484,605,397
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Common shares outstanding at the respective period-ends
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          488,953,712
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          487,056,676
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          486,929,814
        </td>
        <td>

        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          (1)
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Please see the reconciliations of these non-GAAP measures with the
          comparable GAAP measures on page 13 of this release.
        </td>
      </tr>
      <tr>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          (2)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          We calculate our efficiency ratio by dividing our operating expenses
          by the sum of our net interest income and non-interest income.
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>March 31,</b><br><b>2017</b>
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>December 31,</b><br><b>2016</b>
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>March 31,</b><br><b>2016</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>CAPITAL MEASURES:</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Book value per common share
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $12.57
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $12.57
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          $12.29
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Tangible book value per common share <sup>(1)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          7.58
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          7.57
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          7.28
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Common stockholders&#8217; equity to total assets
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          12.58
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          12.52
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          12.34
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          Tangible common stockholders&#8217; equity to tangible assets <sup>(1)</sup>
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          7.99
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          7.93
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          7.70
        </td>
        <td>

        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          (1)
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Please see the reconciliations of these non-GAAP measures with the
          comparable GAAP measures on page 13 of this release.
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>March 31,</b><br><b>2017</b>
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>December 31,</b><br><b>2016</b>
          </p>
        </td>
        <td>

        </td>
        <td valign="bottom" style="border-bottom-color: black; border-bottom-style: solid; white-space: nowrap; padding-right: 0.0px; border-bottom-width: 1.0pt; text-align: center; padding-left: 0.0px" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>March 31,</b><br><b>2016</b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>REGULATORY CAPITAL RATIOS: <sup>(1)</sup></b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>New York Community Bancorp, Inc.</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px">
          Common equity tier 1 ratio
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          10.79
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          10.62
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          10.27
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px">
          Tier 1 risk-based capital ratio
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          12.23
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          10.62
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          10.27
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px">
          Total risk-based capital ratio
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          13.72
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          12.12
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          11.79
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px">
          Leverage capital ratio
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          9.24
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          8.00
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          7.60
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>New York Community Bank</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px">
          Common equity tier 1 ratio
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          12.65
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          11.23
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          10.08
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px">
          Tier 1 risk-based capital ratio
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          12.65
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          11.23
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          10.08
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px">
          Total risk-based capital ratio
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          13.10
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          11.71
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          11.31
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px">
          Leverage capital ratio
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          9.55
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          8.45
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          8.03
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">
          <b>New York Commercial Bank</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px">
          Common equity tier 1 ratio
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          14.90
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          14.14
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          14.30
        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px">
          Tier 1 risk-based capital ratio
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          14.90
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          14.14
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          14.30
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px">
          Total risk-based capital ratio
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          15.94
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          15.15
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          14.96
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 15.0px">
          Leverage capital ratio
        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          10.82
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          10.53
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="white-space: nowrap; padding-right: 0.0px; text-align: right; padding-left: 0.0px">
          10.46
        </td>
        <td>

        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-size: 8pt; font-family: Times New Roman" cellspacing="0">
      <tr>
        <td valign="top" style="white-space: nowrap; padding-right: 0.0px; text-align: left; padding-left: 0.0px">
          (1)
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          The minimum regulatory requirements for classification as a
          well-capitalized institution are a common equity tier 1 capital
          ratio of 6.50%; a tier 1 risk-based capital ratio of 8.00%; a total
          risk-based capital ratio of 10.00%; and a leverage capital ratio of
          5.00%.
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>
      CONTACT:<br>New York Community Bancorp, Inc.<br>Investors:<br>Ilene A.
      Angarola, 516-683-4420<br>or<br>Media:<br>Kelly Maude Leung, 516-683-4032
    </p>
  </body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
