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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
ASSETS    
Cash and due from banks $ 208,842 $ 186,490
Short-term investments 30 18
Total cash and cash equivalents 208,872 186,508
Available for sale debt securities, at fair value 1,749,889 1,803,548
Held to maturity debt securities, net (fair value of $365,029 at June 30, 2023 (unaudited) and $373,468 at December 31, 2022) 378,894 387,923
Equity securities, at fair value 1,238 1,147
Federal Home Loan Bank stock 93,330 68,554
Total loans 10,530,531 10,248,883
Less allowance for credit losses 102,073 88,023
Net loans 10,428,458 10,160,860
Foreclosed assets, net 13,697 2,124
Banking premises and equipment, net 70,602 79,794
Accrued interest receivable 53,845 51,903
Intangible assets 459,383 460,892
Bank-owned life insurance 241,107 239,040
Other assets 330,288 341,143
Total assets 14,029,603 13,783,436
Deposits:    
Demand deposits 7,965,529 8,373,005
Savings deposits 1,275,262 1,438,583
Certificates of deposit of $100,000 or more 666,276 504,627
Other time deposits 354,053 246,809
Total deposits 10,261,120 10,563,024
Mortgage escrow deposits 44,280 35,705
Borrowed funds 1,849,714 1,337,370
Subordinated debentures 10,596 10,493
Other liabilities 221,422 239,141
Total liabilities 12,387,132 12,185,733
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, 83,209,012 shares issued and 75,530,425 shares outstanding at June 30, 2023 and 75,169,196 outstanding at December 31, 2022 832 832
Additional paid-in capital 986,150 981,138
Retained earnings 954,403 918,158
Accumulated other comprehensive (loss) income (162,493) (165,045)
Treasury stock (127,818) (127,154)
Unallocated common stock held by the Employee Stock Ownership Plan (8,603) (10,226)
Common stock acquired by deferred compensation plans (3,150) (3,427)
Deferred compensation plans 3,150 3,427
Total stockholders’ equity 1,642,471 1,597,703
Total liabilities and stockholders’ equity $ 14,029,603 $ 13,783,436