XML 87 R72.htm IDEA: XBRL DOCUMENT v3.8.0.1
INCOME TAXES (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Current Income Tax Expense (Benefit) [Abstract]                        
Federal                   $ 20,818 $ 42,834 $ 21,127
State and City                   5,523 17,026 3,235
Current Income Tax Expense (Benefit), Total                   26,341 59,860 24,362
Deferred Income Tax Expense (Benefit) [Abstract]                        
Federal                   8,334 702 2,269
State and City                   2,181 395 4,614
Deferred Income Tax Expense (Benefit), Total                   10,515 1,097 6,883
Federal, Total                   29,152 43,536 23,396
State and City, Total                   7,704 17,421 7,849
Income Tax Expense (Benefit), Total $ 15,442 $ 7,230 $ 7,295 $ 6,889 $ 8,816 $ 7,481 $ 8,173 $ 36,487   36,856 60,957 31,245
Income Tax Reconciliation [Abstract]                        
Tax at Federal statutory rate                   31,058 46,715 26,606
State and local taxes, net of federal income tax benefit                   5,008 11,323 5,102
ESOP acceleration expense                   0 3,962 0
Benefit plan differences                   (535) (54) (59)
Adjustments for prior period returns and tax items                   84 (13) 590
Investment in BOLI                   (776) (957) (842)
Enactment of federal tax reform                   3,135 0 0
Equity based compensation                   (1,283) 0 0
Other, net                   165 (19) (152)
Income Tax Expense (Benefit), Total 15,442 $ 7,230 $ 7,295 $ 6,889 8,816 $ 7,481 $ 8,173 $ 36,487   $ 36,856 $ 60,957 $ 31,245
Effective tax rate                   41.53% 45.67% 41.10%
Deferred tax assets [Abstract]                        
Allowance for loan losses 6,836       9,203         $ 6,836 $ 9,203  
Employee benefit plans 7,148       15,630         7,148 15,630  
Tax effect of purchase accounting fair value adjustments 307       453         307 453  
Other 2,135       1,756         2,135 1,756  
Total deferred tax assets 16,426       27,042         16,426 27,042  
Deferred tax liabilities [Abstract]                        
Tax effect of other components of income on investment securities and MBS 1,474       766         1,474 766  
Difference in book and tax carrying value of fixed assets 20       776         20 776  
Difference in book and tax basis of unearned loan fees 2,837       3,021         2,837 3,021  
Difference in book and tax basis of deferred income from REIT subsidiary 2,262       0         2,262 0  
Other 605       214         605 214  
Total deferred tax liabilities 7,198       4,777         7,198 4,777  
Net deferred tax asset (recorded in other assets) 9,228       22,265         $ 9,228 22,265  
Income Tax Disclosure [Line Items]                        
Corporate income tax rate                   35.00%    
Recorded tax expense                   $ 3,135    
Valuation allowance of deferred tax assets 0       0         0 0  
Bad debt reserve subject to recapture [Abstract]                        
Accumulated bad debt reserves for which no provision for income tax was required to be recorded 15,158       15,158         15,158 15,158  
Additional income tax expense due to bad debt recapture                   6,844 6,844  
Unrecognized tax benefits $ 0       $ 0         $ 0 $ 0  
Plan [Member]                        
Income Tax Disclosure [Line Items]                        
Corporate income tax rate                 21.00%