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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 296,184 $ 311,899
Interest bearing deposits 1,353,743 922,284
Total cash and cash equivalents 1,649,927 1,234,183
Securities—trading 25,039 24,980
Securities—available-for-sale, amortized cost $2,996,902 and $2,256,189, respectively 2,989,760 2,322,593
Securities—held-to-maturity, net of allowance for credit losses of $98 and $94, respectively, fair value $459,595 and $448,681, respectively 441,857 421,713
Total securities 3,456,656 2,769,286
Federal Home Loan Bank (FHLB) stock 14,001 16,358
Loans held for sale (includes $60.0 million and $133.6 million, at fair value, respectively) 135,263 243,795
Loans receivable 9,947,697 9,870,982
Allowance for credit losses - loans 156,054 167,279
Net loans receivable 9,791,643 9,703,703
Accrued interest receivable 49,214 46,617
Real estate owned (REO), held for sale, net 340 816
Property and equipment, net 161,268 164,556
Goodwill 373,121 373,121
Other intangibles, net 19,715 21,426
Bank-owned life insurance (BOLI) 191,388 191,830
Deferred tax assets, net 83,178 65,742
Operating lease right-of-use assets 56,217 55,367
Other assets 137,861 144,823
Total assets 16,119,792 15,031,623
Deposits:    
Non-interest-bearing 5,994,693 5,492,924
Interest-bearing transaction and savings accounts 6,647,196 6,159,052
Interest-bearing certificates [1] 906,978 915,320
Total deposits 13,548,867 12,567,296
Advances from FHLB 100,000 150,000
Other borrowings 216,260 184,785
Subordinated notes, net 98,290 98,201
Junior subordinated debentures at fair value (issued in connection with Trust Preferred Securities) 117,248 116,974
Operating lease liabilities 59,884 59,343
Accrued expenses and other liabilities 313,801 143,300
Deferred compensation 46,625 45,460
Total liabilities 14,500,975 13,365,359
COMMITMENTS AND CONTINGENCIES (Note 12)
SHAREHOLDERS’ EQUITY    
Preferred stock - $0.01 par value per share, 500,000 shares authorized; no shares outstanding at March 31, 2021 and December 31, 2020 0 0
Retained earnings 279,582 247,316
Carrying value of shares held in trust for stock-based compensation plans (7,614) (7,636)
Liability for common stock issued to stock related compensation plans 7,614 7,636
Accumulated other comprehensive income 12,966 69,069
Total shareholders’ equity 1,618,817 1,666,264
Total liabilities and shareholders’ equity 16,119,792 15,031,623
Voting Common Stock [Member]    
SHAREHOLDERS’ EQUITY    
Common stock and paid in capital 1,326,269 1,349,879
Nonvoting Common Stock [Member]    
SHAREHOLDERS’ EQUITY    
Common stock and paid in capital $ 0 $ 0
[1] Certificates of deposit include $34,000 and $58,000 of acquisition premiums at March 31, 2021 and December 31, 2020, respectively.