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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and due from banks $ 23,394 $ 28,890
Interest-earning deposits in financial institutions 397,246 344,582
Total cash and cash equivalents 420,640 373,472
Securities available-for-sale, at fair value 1,176,029 912,580
Loans held-for-sale, carried at fair value 19,768 22,642
Loans receivable 5,627,696 5,951,885
Allowance for credit losses - loans (90,370) (57,649)
Loans receivable, net 5,537,326 5,894,236
Federal Home Loan Bank and other bank stock, at cost 46,585 59,420
Premises, equipment, net 125,247 128,021
Bank owned life insurance 110,487 109,819
Operating lease right-of-use assets 19,408 22,540
Investments in alternative energy partnerships, net 26,967 29,300
Deferred income taxes, net 48,288 44,906
Income tax receivable 13,094 4,233
Goodwill 37,144 37,144
Other intangible assets, net 3,292 4,151
Other assets 185,863 185,946
Total assets 7,770,138 7,828,410
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Noninterest-bearing deposits 1,391,504 1,088,516
Interest-bearing deposits 4,645,961 4,338,651
Total deposits 6,037,465 5,427,167
Federal Home Loan Bank advances, net 617,170 1,195,000
Long-term debt, net 173,537 173,421
Reserve for loss on repurchased loans 5,567 6,201
Operating lease liabilities 20,531 23,692
Accrued expenses and other liabilities 68,909 95,684
Total liabilities 6,923,179 6,921,165
Commitments and contingent liabilities
Preferred stock 185,037 189,825
Additional paid-in capital 632,117 629,848
Retained earnings 85,670 127,733
Treasury stock, at cost (2,410,964 and 1,583,380 shares at June 30, 2020 and December 31, 2019) (40,827) (28,786)
Accumulated other comprehensive loss, net (15,565) (11,900)
Total stockholders’ equity 846,959 907,245
Total liabilities and stockholders’ equity 7,770,138 7,828,410
Voting    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Common stock 522 520
Class B Common Stock    
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Common stock $ 5 $ 5