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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net Income $ 43,548 $ 40,308 $ 47,309
Adjustments to reconcile net income to net cash provided by operating activities:      
Net gain on the sales of investment securities and mortgage backed securities available-for-sale (110) (1,022) (32)
Net (gain) loss recognized on trading securities (265) (113) 34
Net (gain) loss on sale of loans held for sale (13) (68) 9
Net (gain) loss on sales of OREO and other assets 21 (13,726) 0
Loss on debt extinguishment 0 28,772 0
Net depreciation, amortization and accretion 2,834 2,880 2,935
Stock plan compensation expense (excluding ESOP) 2,205 2,164 2,105
ESOP compensation expense 1,213 1,078 1,041
Provision for loan losses 369 3,921 6,846
Provision for losses on OREO 180 0 0
Credit to reduce the liability for loans sold with recourse (305) (1,286) 0
Net OTTI recognized in earnings 0 181 727
Increase in cash surrender value of BOLI (1,672) (1,689) (1,758)
Deferred income tax provision (credit) (940) (2,068) (1,223)
Excess tax benefit of stock plans (292) (389) (431)
Changes in assets and liabilities:      
Originations of loans held for sale during the period (1,621) (32,665) (5,650)
Proceeds from sales of loans held for sale 2,194 36,755 8,556
Decrease in other assets 8,168 6,009 5,671
Increase (Decrease) in other liabilities 5,637 3,663 (3,552)
Net cash provided by operating activities 61,151 72,705 62,587
CASH FLOWS FROM INVESTING ACTIVITIES:      
Proceeds from maturities of investment securities held-to-maturity 949 983 1,152
Proceeds from maturities of investment securities available-for-sale 14,750 200,320 204,000
Proceeds from sales of investment securities available-for-sale 366 22,415 236
Proceeds from sales of mortgage backed securities available-for-sale 0 21,949 0
Proceeds from sales of trading securities 131 171 136
Purchases of investment securities available-for-sale (458) (80,153) (293,157)
Purchases of mortgage backed securities available-for-sale 0 (23,186) 0
Acquisition of trading securities (1,814) (3,158) (454)
Principal collected on mortgage backed securities available-for-sale 17,372 42,822 48,911
Proceeds from the sale of portfolio loans 5,893 30,906 29,772
Purchases of loans (52,031) (30,425) 0
Net increase in loans (149,122) (50,609) (28,839)
Proceeds from the sale of OREO and real estate investment property owned 564 17,477 0
Purchases of fixed assets, net (1,963) (4,422) (3,884)
(Purchase) Redemption of FHLBNY capital stock (3,040) 4,478 2,229
Net cash used in Investing Activities (168,403) 149,568 (39,898)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Increase (Decrease) in due to depositors 27,717 135,728 (6,880)
Increase in escrow and other deposits (13,349) 10,941 3,270
Repayments of FHLBNY advances (218,500) (172,275) (105,750)
Proceeds from FHLBNY advances 286,000 75,000 55,000
Repayments of securities sold under agreements to repurchase ("REPOS") 0 (195,000) 0
Prepayment penalty on debt 0 (28,772) 0
Proceeds from exercise of stock options 11,228 5,608 3,669
Excess tax benefit of stock plans 292 389 431
Equity award distribution 293 145 0
Cash dividends paid to stockholders and cash disbursed in payment of stock dividends (19,728) (19,221) (18,898)
Net cash (used in) provided by Financing Activities 73,953 (187,457) (69,158)
INCREASE(DECREASE) IN CASH AND CASH EQUIVALENTS (33,299) 34,816 (46,469)
Cash and due from banks, beginning of period 79,076 44,260 90,729
Cash and due from banks, end of period 45,777 79,076 44,260
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:      
Cash paid for income taxes 29,858 26,913 36,618
Cash paid for interest 47,155 87,281 70,041
Loans transferred to OREO 783 0 0
Loans transferred to held for sale 0 1,560 2,628
Amortization of unrealized loss on securities transferred from available-for-sale to held-to-maturity 271 202 446
Net increase in non-credit component of OTTI $ (32) $ 296 $ 25