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Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and due from banks $ 28,865 $ 36,069
Short-term investments 210,279 398,848
Total cash and cash equivalents 239,144 434,917
Investment securities available-for-sale 732,020 745,822
Equity securities held-for-trading 0 526
Total investment securities 732,020 746,348
Total loans and leases 6,931,694 7,269,553
Allowance for loan and lease losses (102,515) (114,379)
Net loans and leases 6,829,179 7,155,174
Restricted equity securities 28,098 49,786
Premises and equipment, net of accumulated depreciation of $85,679 and $82,233, respectively 70,811 71,568
Right-of-use asset operating leases 21,879 24,143
Deferred tax asset 39,643 40,129
Goodwill 160,427 160,427
Identified intangible assets, net of accumulated amortization of $39,420 and $38,752, respectively 2,484 3,152
Other real estate owned ("OREO") and repossessed assets, net 601 6,515
Other assets 188,363 250,265
Total assets 8,312,649 8,942,424
Deposits:    
Demand checking accounts 1,816,116 1,592,205
Interest-bearing deposits 5,056,894 5,318,491
Total deposits 6,873,010 6,910,696
Borrowed funds:    
Advances from the Federal Home Loan Bank of Boston ("FHLBB") 113,977 648,849
Subordinated debentures and notes 83,859 83,746
Other borrowed funds 69,703 87,652
Total borrowed funds 267,539 820,247
Operating lease liabilities 21,879 24,143
Mortgagors' escrow accounts 6,455 5,901
Reserve for unfunded credits 12,736 13,071
Accrued expenses and other liabilities 152,578 226,588
Total liabilities 7,334,197 8,000,646
Commitments and contingencies (Note 12)
Stockholders' Equity:    
Common stock, $0.01 par value; 200,000,000 shares authorized; 85,177,172 shares issued and 85,177,172 shares issued, respectively 852 852
Additional paid-in capital 735,990 737,178
Retained earnings, partially restricted 323,862 264,892
Accumulated other comprehensive income 2,615 16,490
Treasury stock, at cost; 7,034,754 shares and 6,525,783 shares, respectively (84,684) (77,343)
Unallocated common stock held by Employee Stock Ownership Plan ("ESOP"); 31,278 shares and 51,114 shares, respectively (183) (291)
Total stockholders' equity 978,452 941,778
Total liabilities and stockholders' equity 8,312,649 8,942,424
Commercial real estate loans    
ASSETS    
Total loans and leases 3,909,011 3,823,826
Commercial loans and leases    
ASSETS    
Total loans and leases 1,869,686 2,274,899
Consumer loans    
ASSETS    
Total loans and leases $ 1,152,997 $ 1,170,828