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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 721,049 $ 120,544
Debt securities available-for-sale, at estimated fair value 153,239 150,960
Debt securities held-to-maturity, net of allowance for credit losses of $2,446 at June 30, 2020 (estimated fair value of $895,897 at June 30, 2020 and $777,290 at December 31, 2019) 867,959 768,873
Equity investments, at estimated fair value 13,830 10,136
Restricted equity investments, at cost 68,091 62,356
Loans receivable, net of allowance for credit losses of $38,509 at June 30, 2020, and $16,852 at December 31, 2019 8,335,480 6,207,680
Loans held-for-sale 21,799 0
Interest and dividends receivable 37,811 21,674
Other real estate owned 248 264
Premises and equipment, net 100,576 102,691
Bank Owned Life Insurance 262,637 237,411
Assets held for sale 7,828 3,785
Goodwill 501,472 374,632
Core deposit intangible 26,732 15,607
Other assets 226,614 169,532
Total assets 11,345,365 8,246,145
Liabilities and Stockholders’ Equity    
Deposits 8,967,754 6,328,777
Federal Home Loan Bank advances 343,392 519,260
Securities sold under agreements to repurchase with retail customers 152,821 71,739
Other borrowings 246,840 96,801
Advances by borrowers for taxes and insurance 19,582 13,884
Other liabilities 138,542 62,565
Total liabilities 9,868,931 7,093,026
Stockholders’ equity:    
Preferred stock, $.01 par value, $1,000 liquidation preference, 5,000,000 shares authorized, and 57,370 shares issued at June 30, 2020 and no shares issued at December 31, 2019 1 0
Common stock, $.01 par value, 150,000,000 shares authorized, 60,991,928 shares issued and 60,343,077 and 50,405,048 shares outstanding at June 30, 2020 and December 31, 2019, respectively 609 519
Additional paid-in capital 1,135,839 840,691
Retained earnings 372,552 358,668
Accumulated other comprehensive loss 1,125 (1,208)
Less: Unallocated common stock held by Employee Stock Ownership Plan (8,041) (8,648)
Treasury stock, 648,851 and 1,586,808 shares at June 30, 2020 and December 31, 2019, respectively (25,651) (36,903)
Total stockholders’ equity 1,476,434 1,153,119
Total liabilities and stockholders’ equity $ 11,345,365 $ 8,246,145