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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Cash and due from banks $ 330,814 $ 506,270
Short-term investments 102,332 206,193
Total cash and cash equivalents 433,146 712,463
Available for sale debt securities, at fair value 2,072,337 2,057,851
Held to maturity debt securities, net (fair value of $417,664 and $449,709 at March 31, 2022 and December 31, 2021, respectively). 421,958 436,150
Equity securities, at fair value 1,256 1,325
Federal Home Loan Bank stock 23,973 34,290
Total gross loans 9,662,882 9,581,624
Less allowance for credit losses 76,275 80,740
Net loans 9,586,607 9,500,884
Foreclosed assets, net 8,578 8,731
Banking premises and equipment, net 82,987 80,559
Accrued interest receivable 41,033 41,990
Intangible assets 463,325 464,183
Bank-owned life insurance 237,808 236,630
Other assets 244,006 206,146
Total assets 13,617,014 13,781,202
Deposits:    
Demand deposits 9,183,808 9,080,956
Savings deposits 1,490,624 1,460,541
Certificates of deposit of $100,000 or more 391,321 368,277
Other time deposits 300,334 324,238
Total deposits 11,366,087 11,234,012
Mortgage escrow deposits 40,184 34,440
Borrowed funds 399,606 626,774
Subordinated debentures 10,336 10,283
Other liabilities 179,670 178,597
Total liabilities 11,995,883 12,084,106
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, 83,209,012 shares issued and 75,881,889 shares outstanding at March 31, 2022, and 83,209,012 shares issued and 76,969,999 shares outstanding at December 31, 2021, respectively. 832 832
Additional paid-in capital 972,552 969,815
Retained earnings 839,807 814,533
Accumulated other comprehensive (loss) income (67,946) 6,863
Treasury stock (109,581) (79,603)
Unallocated common stock held by the Employee Stock Ownership Plan (14,533) (15,344)
Common stock acquired by the Directors' Deferred Fee Plan ("DDFP") (3,844) (3,984)
Deferred Compensation - Directors' Deferred Fee Plan 3,844 3,984
Total stockholders’ equity 1,621,131 1,697,096
Total liabilities and stockholders’ equity $ 13,617,014 $ 13,781,202