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CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 14,745 $ 11,157
Adjustments to reconcile net income to net cash provided by operating activities:    
Net loss (gain) recognized on marketable equity and trading securities 4 (75)
Net gain on sale of loans held for sale (90) 0
Net gain on MBS available-for-sale sold (1,370) 0
Net depreciation, amortization and accretion 2,184 879
Stock plan compensation 388 394
Provision for loan losses 193 450
Increase in cash surrender value of BOLI (712) (545)
Deferred income tax provision (1,728) 688
Reduction in credit related other than temporary impairment ("OTTI") amortized through interest income 0 (26)
Changes in assets and liabilities:    
Decrease (Increase) in other assets 3,204 (69)
Increase (Decrease) in other liabilities (4,072) 4,413
Net cash provided by Operating activities 12,746 17,266
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sales of marketable equity securities 393 0
Proceeds from sales of investment securities available-for-sale 0 35
Proceeds from sales of MBS available-for-sale 158,484 0
Purchases of investment securities available-for-sale 0 (16)
Purchases of marketable equity securities (109) 0
Purchases of MBS available-for-sale (189,874) 0
Acquisition of trading securities 0 (125)
Proceeds from calls and principal repayments of MBS available-for-sale 25,958 13
Proceeds from sale of loans held for sale 765 0
Net decrease (increase) in loans 93,994 (115,759)
Purchases of fixed assets, net (1,879) (3,969)
Sale of FHLBNY capital stock, net 7,182 3,033
Net cash provided by (used in) Investing Activities 94,914 (116,788)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Increase in due to depositors 26,994 113,056
Increase in escrow and other deposits 49,785 32,816
Repayments of FHLBNY advances (1,034,600) (404,500)
Proceeds from FHLBNY advances 875,000 337,100
Proceeds from exercise of stock options 290 624
BMP ESOP shares received to satisfy distribution of retirement benefits (524) 0
Cash dividends paid to stockholders, net (5,234) (5,243)
Net cash provided by (used in) Financing Activities (88,289) 73,853
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 19,371 (25,669)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 169,455 113,503
CASH AND CASH EQUIVALENTS, END OF PERIOD 188,826 87,834
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for income taxes 2,928 1,662
Cash paid for interest 15,323 12,695
Loans transferred to held for sale 675 0
Amortization of unrealized loss on securities transferred from available-for-sale to held-to-maturity 0 25
Net decrease in non-credit component of OTTI $ 0 $ 8