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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Cash flows from operating activities:    
Net income $ 41,346,000 $ 71,043,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 17,999,000 24,999,000
Net amortization of securities (301,000) 965,000
Change in unamortized net loan costs and premiums 5,025,000 145,000
Premises and equipment depreciation and amortization expense 5,419,000 6,404,000
Stock-based compensation expense 6,166,000 5,521,000
Accretion of purchase accounting entries, net (853,000) (503,000)
Amortization of other intangibles 3,473,000 3,615,000
Income from cash surrender value of bank-owned life insurance policies (4,616,000) (3,910,000)
(Gain) on SBA loan sales (8,013,000) (7,952,000)
Fair value adjustments on securities (359,000) 255,000
Loss on sale of AFS securities, net 49,909,000 0
Net change in loans held-for-sale (4,215,000) 1,969,000
Amortization of interest in tax-advantaged projects (1,508,000) 5,959,000
Gain on sale of business operations and other assets 16,048,000 0
Net change in other (4,921,000) (3,804,000)
Net cash provided by operating activities 88,503,000 104,706,000
Cash flows from investing activities:    
Net decrease in trading security 674,000 641,000
Purchases of securities available for sale (54,206,000) (44,586,000)
Proceeds from sales of securities available for sale 361,871,000 0
Proceeds from maturities, calls, and prepayments of securities available for sale 72,503,000 166,552,000
Purchases of securities held to maturity (300,000) (700,000)
Proceeds from maturities, calls, and prepayments of securities held to maturity 31,778,000 29,852,000
Net change in loans (322,683,000) (658,823,000)
Net change in New York branch loans held for sale 1,146,000 0
Proceeds from surrender of bank-owned life insurance 1,715,000 657,000
Purchase of Federal Home Loan Bank stock (112,147,000) (449,336,000)
Proceeds from redemption of Federal Home Loan Bank stock 104,151,000 417,643,000
Net investment in limited partnership tax credits (10,654,000) 0
Purchase of premises and equipment, net (1,018,000) (753,000)
Proceeds from sales of seasoned residential loan portfolios 47,123,000 0
Cash outflows from sale of business operations and other assets (314,712,000) 0
Net cash provided/(used) by investing activities (194,759,000) (538,853,000)
Cash flows from financing activities:    
Net (decrease) in deposits (637,572,000) (346,725,000)
Net change in New York branch deposits held for sale (34,896,000) 0
Proceeds from Federal Home Loan Bank advances and other borrowings 1,207,500,000 10,010,000,000
Repayments of Federal Home Loan Bank advances and other borrowings (1,007,181,000) (9,210,150,000)
Purchase of treasury stock (17,538,000) (17,146,000)
Common stock cash dividends paid (15,449,000) (23,862,000)
Settlement of derivative contracts with financial institution counterparties (21,885,000) 145,000
Net cash (used)/provided by financing activities (527,021,000) 412,262,000
Net change in cash and cash equivalents (633,277,000) (21,885,000)
Cash and cash equivalents at beginning of period 1,203,244,000 685,355,000
Cash and cash equivalents at end of period 569,967,000 663,470,000
Supplemental cash flow information:    
Interest paid on deposits 175,433,000 98,428,000
Interest paid on borrowed funds 25,796,000 36,165,000
Income taxes paid, net 360,000 7,743,000
Other non-cash changes:    
Other net comprehensive income/(loss) 53,759,000 (37,334,000)
Dividends declared not yet paid 7,737,000 0
Reclassification of New York branch assets to assets held-for-sale 13,936,000 0
Reclassification of New York branch deposits to liabilities held-for-sale, net 484,530,000 0
Reclassification of New York branch liabilities to liabilities held-for-sale 12,929,000 0
Reclassification of New York branch loans held-for-sale to held-for investment, net 7,183,000
Reclassification of liabilities held-for-sale to deposits, net 66,207,000 0
Reclassification of held-for-sale loans to held-for-investment, net 450,000 0
Impact to retained earnings from adoption of ASU 2022-02 1,070,451,000 951,009,000
Properties transferred to held for sale 0 8,714,000
Seasoned Loans    
Other non-cash changes:    
Reclassification of portfolios to held-for-sale, net 91,754,000 0
New York Branch Loans    
Other non-cash changes:    
Reclassification of portfolios to held-for-sale, net $ 58,455,000 $ 0