XML 60 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 28,491 $ 28,890
Interest-earning deposits in financial institutions 407,501 344,582
Total cash and cash equivalents 435,992 373,472
Securities available-for-sale, at fair value 969,427 912,580
Loans held-for-sale, carried at fair value 20,234 22,642
Loans receivable 5,667,464 5,951,885
Allowance for credit losses - loans (78,243) (57,649)
Loans receivable, net 5,589,221 5,894,236
Federal Home Loan Bank and other bank stock, at cost 57,237 59,420
Premises, equipment, net 127,379 128,021
Bank owned life insurance 110,397 109,819
Operating lease right-of-use assets 20,882 22,540
Investments in alternative energy partnerships, net 27,347 29,300
Deferred income taxes, net 63,849 44,906
Income tax receivable 7,198 4,233
Goodwill 37,144 37,144
Other intangible assets, net 3,722 4,151
Other assets 192,578 185,946
Total assets 7,662,607 7,828,410
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Noninterest-bearing deposits 1,256,081 1,088,516
Interest-bearing deposits 4,306,757 4,338,651
Total deposits 5,562,838 5,427,167
Federal Home Loan Bank advances 978,000 1,195,000
Long term debt, net 173,479 173,421
Reserve for loss on repurchased loans 5,601 6,201
Operating lease liabilities 22,075 23,692
Accrued expenses and other liabilities 85,612 95,684
Total liabilities 6,827,605 6,921,165
Commitments and contingent liabilities
Preferred stock 187,687 189,825
Additional paid-in capital 631,125 629,848
Retained earnings 110,640 127,733
Treasury stock, at cost (2,410,964 and 1,583,380 shares at March 31, 2020 and December 31, 2019) (40,827) (28,786)
Accumulated other comprehensive loss, net (54,148) (11,900)
Total stockholders’ equity 835,002 907,245
Total liabilities and stockholders’ equity 7,662,607 7,828,410
Voting    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Common stock 520 520
Class B Common Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Common stock $ 5 $ 5