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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2020
Dec. 31, 2019
Assets    
Cash and due from banks $ 1,272,134 $ 120,544
Debt securities available-for-sale, at estimated fair value (encumbered $5,339 at December 31, 2020 and $21,646 at December 31, 2019) 183,302 150,960
Debt securities held-to-maturity, net of allowance for credit losses of $1,715 at December 31, 2020 (estimated fair value of $968,466 at December 31, 2020 and $777,290 at December 31, 2019) (encumbered $418,719 at December 31, 2020 and $452,212 at December 31, 2019) 937,253 768,873
Equity investments, at estimated fair value 107,079 10,136
Restricted equity investments, at cost 51,705 62,356
Loans receivable, net of allowance for credit losses of $60,735 at December 31, 2020 and $16,852 at December 31, 2019 7,704,857 6,207,680
Loans held-for-sale 45,524 0
Interest and dividends receivable 35,269 21,674
Other real estate owned 106 264
Premises and equipment, net 107,094 102,691
Bank owned life insurance 265,253 237,411
Assets held for sale 5,782 3,785
Goodwill 500,319 374,632
Core deposit intangible 23,668 15,607
Other assets 208,968 169,532
Total assets 11,448,313 8,246,145
Liabilities and Stockholders’ Equity    
Deposits 9,427,616 6,328,777
Federal Home Loan Bank ("FHLB") advances 0 519,260
Securities sold under agreements to repurchase with retail customers 128,454 71,739
Other borrowings 235,471 96,801
Advances by borrowers for taxes and insurance 17,296 13,884
Other liabilities 155,346 62,565
Total liabilities 9,964,183 7,093,026
Stockholders’ equity:    
Preferred stock, $0.01 par value, $1,000 liquidation preference, 5,000,000 shares authorized, 57,370 shares issued at December 31, 2020 and no shares issued at December 31, 2019 1 0
Common stock, $0.01 par value, 150,000,000 shares authorized, 61,040,894 shares issued and 60,392,043 and 50,405,048 shares outstanding at December 31, 2020 and December 31, 2019, respectively 609 519
Additional paid-in capital 1,137,715 840,691
Retained earnings 378,268 358,668
Accumulated other comprehensive income (loss) 621 (1,208)
Less: Unallocated common stock held by Employee Stock Ownership Plan ("ESOP") (7,433) (8,648)
Treasury stock, 648,851 and 1,586,808 shares at December 31, 2020 and December 31, 2019, respectively (25,651) (36,903)
Total stockholders’ equity 1,484,130 1,153,119
Total liabilities and stockholders’ equity $ 11,448,313 $ 8,246,145