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UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income per the Consolidated Statements of operations $ 33,240 $ 33,573
Adjustments to reconcile net income to net cash provided by operating activities:    
Net gain on sale of loans originated for sale (13) (26)
Net loss on the sale of other assets 21 0
Net gain on sale of investment securities available-for-sale (110) (44)
Net gain on trading securities (187) (136)
Net depreciation and amortization 2,064 2,080
ESOP compensation expense 889 963
Stock plan compensation (excluding ESOP) 1,669 1,606
Write down of OREO 180 0
Provision for loan losses 425 3,858
Credit to reduce the liability for loans sold with recourse (245) (1,107)
OTTI charge for investment securities recognized in earnings 0 181
Increase in cash surrender value of Bank Owned Life Insurance (1,249) (1,265)
Deferred income tax provision (credit) (740) 47
Excess tax benefit of stock plans (704) (349)
Changes in assets and liabilities:    
Origination of loans held for sale (1,621) (5,080)
Proceeds from sale of loans held for sale 2,194 8,741
Decrease in other assets 8,935 2,666
Increase in other liabilities 3,859 5,906
Net cash provided by operating activities 48,607 51,614
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from principal repayments of investment securities held-to-maturity 514 904
Proceeds from calls and principal repayments of investment securities available-for-sale 14,750 200,320
Proceeds from sales of investment securities available-for-sale 366 313
Proceeds from sales of trading securities 131 171
Purchases of investment securities available-for-sale (389) (80,086)
Purchases of mortgage backed securities available-for-sale 0 (23,186)
Purchases of trading securities (332) (1,691)
Principal collected on mortgage backed securities available-for-sale 14,731 34,021
Purchases of loans (40,264) (24,483)
Proceeds from the sale of loans 4,387 30,906
Net (increase) decrease in loans (128,563) 124,031
Proceeds from the sale of other real estate owned 564 0
Purchases of fixed assets, net (1,348) (2,739)
Redemption of FHLBNY capital stock 3,148 7,853
Net cash (used in) provided by investing activities (132,305) 266,334
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in due to depositors 129,735 75,465
Net increase in escrow and other deposits 15,407 39,254
Repayment of Securities Sold Under Agreement to Repurchase (REPOs) 0 (40,000)
Repayment of FHLBNY advances (130,000) (172,275)
FHLBNY advances 60,000 0
Cash dividends paid (14,742) (14,386)
Exercise of stock options 8,978 4,086
Release of stock for benefit plan awards 253 0
Excess tax benefit of stock plans 704 349
Net cash provided by (used in) financing activities 70,335 (107,507)
(DECREASE) INCREASE IN CASH AND DUE FROM BANKS (13,363) 210,441
CASH AND DUE FROM BANKS, BEGINNING OF PERIOD 79,076 44,260
CASH AND DUE FROM BANKS, END OF PERIOD 65,713 254,701
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for income taxes 23,683 22,531
Cash paid for interest 35,411 48,244
Loans Transferred to Held for Sale 0 1,000
Loans transferred to OREO 765 0
Amortization of unrealized loss on securities transferred from available-for-sale to held-to-maturity 180 142
Net decrease in non-credit component of OTTI (24) (288)
Defined benefit plan adjustments, net of taxes of $256 during the nine months ended September 30, 2012 $ 0 $ 312