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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Cash and due from banks $ 195,163 $ 209,634
Interest-bearing deposits 52,295 44,830
Total cash and cash equivalents 247,458 254,464
Debt Securities, Available-for-Sale 2,197,693 2,373,783
Securities—held-to-maturity, net of allowance for credit losses of $314 and $332, respectively 1,023,028 1,059,055
Debt Securities, Available-for-Sale and Held-to-Maturity, after Allowance for Credit Loss, Total 3,220,721 3,432,838
Federal Home Loan Bank (FHLB) stock 27,311 24,028
Loans held for sale (includes $10,147 and $9,105, at fair value, respectively) 13,421 11,170
Loans receivable 11,143,848 10,810,455
Allowance for credit losses – loans 152,848 149,643
Net loans receivable 10,991,000 10,660,812
Accrued interest receivable 67,520 63,100
Property and equipment, net 126,465 132,231
Goodwill 373,121 373,121
Other intangibles, net 4,237 5,684
Bank-owned life insurance (BOLI) 307,948 304,366
Deferred tax assets, net 153,541 153,365
Operating lease right-of-use assets 39,628 43,731
Other assets 243,823 211,481
Total assets 15,816,194 15,670,391
Deposits:    
Non-interest-bearing accounts 4,537,803 4,792,369
Regular savings accounts 7,016,327 6,759,661
Interest-bearing certificates 1,525,133 1,477,467
Total deposits 13,079,263 13,029,497
Advances from FHLB 398,000 323,000
Other borrowings 165,956 182,877
Subordinated notes, net 89,561 92,851
Junior subordinated debentures at fair value (issued in connection with Trust Preferred Securities) 66,831 66,413
Operating lease liabilities 44,056 48,659
Accrued expenses and other liabilities 235,515 228,428
Deferred compensation 46,246 45,975
Total liabilities 14,125,428 14,017,700
COMMITMENTS AND CONTINGENCIES (Note 11)
SHAREHOLDERS’ EQUITY    
Preferred stock - $0.01 par value per share, 500,000 shares authorized; no shares outstanding at June 30, 2024 and December 31, 2023 0 0
Retained earnings 686,079 642,175
Carrying value of shares held in trust for stock-based compensation plans (6,364) (6,563)
Liability for common stock issued to stock related compensation plans 6,364 6,563
Accumulated other comprehensive loss (297,549) (289,135)
Total shareholders’ equity 1,690,766 1,652,691
Total liabilities and shareholders’ equity 15,816,194 15,670,391
Voting Common Stock [Member]    
SHAREHOLDERS’ EQUITY    
Common stock and paid in capital 1,302,236 1,299,651
Nonvoting Common Stock [Member]    
SHAREHOLDERS’ EQUITY    
Common stock and paid in capital $ 0 $ 0