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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2018
Dec. 31, 2017
ASSETS    
Cash and due from banks $ 82,445 $ 139,557
Short-term investments 51,069 51,277
Total cash and cash equivalents 133,514 190,834
Available for sale debt securities, at fair value 1,039,304 1,037,154
Held to maturity debt securities (fair value of $465,787 at March 31, 2018 (unaudited) and $485,039 at December 31, 2017) 466,945 477,652
Equity securities, at fair value 655 658
Federal Home Loan Bank stock 74,597 81,184
Loans 7,291,138 7,325,718
Less allowance for loan losses 62,521 60,195
Net loans 7,228,617 7,265,523
Foreclosed assets, net 7,252 6,864
Banking premises and equipment, net 61,659 63,185
Accrued interest receivable 28,722 29,646
Intangible assets 419,721 420,290
Bank-owned life insurance 190,789 189,525
Other assets 82,467 82,759
Total assets 9,734,242 9,845,274
Deposits:    
Demand deposits 4,990,874 4,996,345
Savings deposits 1,100,435 1,083,012
Certificates of deposit of $100,000 or more 340,041 316,074
Other time deposits 325,233 318,735
Total deposits 6,756,583 6,714,166
Mortgage escrow deposits 26,994 25,933
Borrowed funds 1,590,088 1,742,514
Other liabilities 55,691 64,000
Total liabilities 8,429,356 8,546,613
Stockholders’ Equity:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued 0 0
Common stock, $0.01 par value, 200,000,000 shares authorized, 83,209,293 shares issued and 66,729,095 shares outstanding at March 31, 2018 and 66,535,017 outstanding at December 31, 2017 832 832
Additional paid-in capital 1,014,468 1,012,908
Retained earnings 600,591 586,132
Accumulated other comprehensive loss (16,696) (7,465)
Treasury stock (261,175) (259,907)
Unallocated common stock held by the Employee Stock Ownership Plan (33,134) (33,839)
Common stock acquired by the Directors’ Deferred Fee Plan (5,008) (5,175)
Deferred compensation – Directors’ Deferred Fee Plan 5,008 5,175
Total stockholders’ equity 1,304,886 1,298,661
Total liabilities and stockholders’ equity $ 9,734,242 $ 9,845,274