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Consolidated Statements Of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Cash and cash equivalents:    
Cash and due from banks $ 283,130 $ 219,366
Interest-bearing cash in other banks 415,437 240,240
Total cash and cash equivalents 698,567 459,606
Interest-bearing deposits in other financial institutions 29,162 29,409
Securities available for sale, at fair value 1,715,987 1,846,265
Equity investments 49,090 49,835
Loans held for sale, at the lower of cost or fair value 54,271 25,128
Loans receivable, net of allowance for loan losses of $94,144 and $92,557 at December 31, 2019 and December 31, 2018, respectively 12,181,863 12,005,558
Other real estate owned (“OREO”), net 24,091 7,754
Federal Home Loan Bank (“FHLB”) stock, at cost 19,407 25,461
Premises and equipment, net 52,012 53,794
Accrued interest receivable 30,772 32,225
Deferred tax assets, net 31,663 50,913
Customers’ liabilities on acceptances 1,117 2,281
Bank owned life insurance (“BOLI”) 76,339 75,219
Investments in affordable housing partnerships 82,600 92,040
Operating lease right-of-use assets, net 58,593  
Goodwill 464,450 464,450
Core deposit intangible assets, net 11,833 14,061
Servicing assets, net 16,417 23,132
Other assets 69,206 48,821
Total assets 15,667,440 15,305,952
LIABILITIES:    
Noninterest bearing 3,108,687 3,022,633
Interest bearing:    
Money market and NOW accounts 3,985,556 3,036,653
Savings deposits 274,151 225,746
Time deposits 5,158,970 5,870,624
Total deposits 12,527,364 12,155,656
FHLB advances 625,000 821,280
Convertible notes, net 199,458 194,543
Subordinated debentures, net 103,035 101,929
Accrued interest payable 33,810 31,374
Acceptances outstanding 1,117 2,281
Operating lease liabilities 60,506  
Commitments to fund investments in affordable housing partnerships 28,481 46,507
Other liabilities 52,658 49,171
Total liabilities 13,631,429 13,402,741
STOCKHOLDERS’ EQUITY:    
Common stock, $0.001 par value; authorized 150,000,000 shares at December 31, 2019 and December 31, 2018; issued and outstanding 135,702,090 and 125,756,543 shares, respectively at December 31, 2019, and issued and outstanding 135,642,365 and 126,639,912 shares at December 31, 2018 136 136
Additional paid-in capital 1,428,066 1,423,405
Retained earnings 762,480 662,375
Treasury stock, at cost; 9,945,547 and 9,002,453 shares at December 31, 2019 and December 31, 2018, respectively (163,820) (150,000)
Accumulated other comprehensive income (loss), net 9,149 (32,705)
Total stockholders’ equity 2,036,011 1,903,211
Total liabilities and stockholders’ equity $ 15,667,440 $ 15,305,952