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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (UNAUDITED) - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS:    
Cash and due from banks $ 246,153 $ 155,488
Total cash and cash equivalents 246,153 155,488
Securities available-for-sale, at fair value 557,825 550,995
Marketable equity securities, at fair value 5,398 5,894
Loans:    
Loans 5,207,274 5,340,538
Less allowance for loan losses (36,463) (28,441)
Total loans, net 5,170,811 5,312,097
Premises and fixed assets, net 21,631 21,692
Premises held for sale 514 514
Loans held for sale 1,430 500
Federal Home Loan Bank of New York ("FHLBNY") capital stock 57,146 56,019
Bank Owned Life Insurance ("BOLI") 133,128 114,257
Goodwill 55,638 55,638
Operating lease assets 36,582 37,858
Other assets 61,569 43,508
Total Assets 6,347,825 6,354,460
Due to depositors:    
Interest-bearing deposits 3,760,450 3,804,076
Non-interest-bearing deposits 479,376 478,549
Total deposits 4,239,826 4,282,625
Escrow and other deposits 116,097 76,481
FHLBNY advances 1,117,300 1,092,250
Subordinated debt, net 113,942 113,906
Other borrowings 0 110,000
Operating lease liabilities 42,614 44,098
Other liabilities 72,398 38,342
Total Liabilities 5,702,177 5,757,702
Stockholders' Equity:    
Preferred stock, Series A ($0.01 par, $25.00 liquidation value, 9,000,000 shares authorized, 2,992,200 shares issued and outstanding at March 31, 2020, and none issued or outstanding at December 31, 2019) 72,224 0
Common stock ($0.01 par, 125,000,000 shares authorized, 53,721,189 shares and 53,721,189 shares issued at March 31, 2020 and December 31, 2019, respectively, and 33,875,386 shares and 35,154,642 shares outstanding at March 31, 2020 and December 31, 2019, respectively) 537 537
Additional paid-in capital 279,327 279,322
Retained earnings 585,294 581,817
Accumulated other comprehensive loss, net of deferred taxes (12,632) (5,940)
Unearned equity awards (6,067) (6,731)
Common stock held by the Benefit Maintenance Plan ("BMP") (1,496) (1,496)
Treasury stock, at cost (19,845,803 shares and 18,566,547 shares at March 31, 2020 and December 31, 2019, respectively) (271,539) (250,751)
Total Stockholders' Equity 645,648 596,758
Total Liabilities and Stockholders' Equity 6,347,825 6,354,460
Real Estate Loans [Member]    
Loans:    
Loans 4,874,502 5,002,354
Commercial and Industrial ("C&I") Loans [Member]    
Loans:    
Loans 331,816 336,412
Other Loans [Member]    
Loans:    
Loans $ 956 $ 1,772