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Consolidated Statements Of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Cash and cash equivalents:    
Cash and due from banks $ 213,774 $ 271,319
Interest bearing cash in other banks 293,002 44,947
Total cash and cash equivalents 506,776 316,266
Interest bearing deposits in other financial institutions 735 12,851
Investment securities available for sale, at fair value 1,972,129 2,666,275
Investment securities held to maturity, at amortized cost 271,066 0
Equity investments 42,396 57,860
Loans held for sale, at the lower of cost or fair value 49,245 99,049
Loans receivable, net of allowance for credit losses 15,241,181 13,812,193
Other real estate owned (“OREO”), net 2,418 2,597
Federal Home Loan Bank (“FHLB”) stock, at cost 18,630 17,250
Premises and equipment, net 46,859 45,667
Accrued interest receivable 55,460 41,842
Deferred tax assets, net 150,409 49,719
Customers’ liabilities on acceptances 818 1,521
Bank owned life insurance (“BOLI”) 77,078 77,081
Investments in affordable housing partnerships 47,711 58,387
Operating lease right-of-use assets, net 55,034 52,701
Goodwill 464,450 464,450
Core deposit intangible assets, net 5,726 7,671
Servicing assets, net 11,628 10,418
Other assets 144,742 95,263
Total assets 19,164,491 17,889,061
Deposits:    
Noninterest bearing 4,849,493 5,751,870
Interest bearing:    
Money market and NOW accounts 5,615,784 6,178,850
Savings deposits 283,464 321,377
Time deposits 4,990,060 2,788,353
Total deposits 15,738,801 15,040,450
FHLB and FRB borrowings 865,000 300,000
Convertible notes, net 217,148 216,209
Subordinated debentures, net 106,565 105,354
Accrued interest payable 26,668 4,272
Acceptances outstanding 818 1,521
Operating lease liabilities 59,088 57,303
Commitments to fund investments in affordable housing partnerships 11,792 9,514
Other liabilities 119,283 61,455
Total liabilities 17,145,163 15,796,078
STOCKHOLDERS’ EQUITY:    
Common Stock, par value, issued 137 136
Additional paid-in capital 1,431,003 1,421,698
Retained earnings 1,083,712 932,561
Treasury Stock, at cost (264,667) (250,000)
Accumulated other comprehensive loss, net (230,857) (11,412)
Total stockholders’ equity 2,019,328 2,092,983
Total liabilities and stockholders’ equity $ 19,164,491 $ 17,889,061