XML 12 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 382,014 $ 131,555
Short-term investments 128,124 55,193
Total cash and cash equivalents 510,138 186,748
Available for sale debt securities, at fair value 1,100,391 976,919
Held to maturity debt securities 446,591 453,629
Equity securities, at fair value 869 825
Federal Home Loan Bank stock 69,975 57,298
Loans 9,756,809 7,332,885
Less allowance for credit losses 106,314 55,525
Net loans 9,650,495 7,277,360
Foreclosed assets, net 4,720 2,715
Banking premises and equipment, net 72,909 55,210
Accrued interest receivable 43,967 29,031
Intangible assets 467,128 437,019
Bank-owned life insurance 234,410 195,533
Other assets 269,729 136,291
Total assets 12,871,322 9,808,578
Deposits:    
Demand deposits 7,104,322 5,384,868
Savings deposits 1,310,231 983,714
Certificates of deposit of $100,000 or more 627,041 438,551
Other time deposits 517,647 295,476
Total deposits 9,559,241 7,102,609
Mortgage escrow deposits 27,510 26,804
Borrowed funds 1,413,029 1,125,146
Subordinated debentures 25,099 0
Other liabilities 244,874 140,179
Total liabilities 11,269,753 8,394,738
Stockholders’ Equity:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued 0 0
Common stock, $0.01 par value, 200,000,000 shares authorized, 83,209,293 shares issued and 78,481,159 shares outstanding at September 30, 2020 and 65,787,900 outstanding at December 31, 2019 832 832
Additional paid-in capital 960,863 1,007,303
Retained earnings 694,240 695,273
Accumulated other comprehensive income 13,331 3,821
Treasury stock (45,118) (268,504)
Unallocated common stock held by the Employee Stock Ownership Plan (22,579) (24,885)
Common stock acquired by deferred compensation plans (4,666) (3,833)
Deferred compensation plans 4,666 3,833
Total stockholders’ equity 1,601,569 1,413,840
Total liabilities and stockholders’ equity $ 12,871,322 $ 9,808,578