XML 67 R2.htm IDEA: XBRL DOCUMENT v3.19.1
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 42,065 $ 65,334
Short-term investments 136 164
Total cash and cash equivalents 42,201 65,498
Securities available for sale, at fair value 1,034,758 710,570
Securities held to maturity, at amortized cost (fair value of $254,841, and $236,125 at December 31, 2018 and 2017, respectively) 262,143 239,618
Federal Home Loan Bank stock 58,938 44,664
Loans held-for-sale, at fair value 8,081 0
Loans receivable 4,979,182 4,458,648
Less: allowance for loan losses 62,342 58,178
Loans receivable, net 4,916,840 4,400,470
Accrued interest receivable 18,894 15,915
Real estate owned 92 959
Office properties and equipment, net 52,050 42,620
Bank-owned life insurance 184,488 150,521
Goodwill and intangible assets 6,085 5,997
Other assets 107,048 89,668
Total assets 6,691,618 5,766,500
Liabilities:    
Deposits 4,413,873 4,263,315
Borrowings 1,189,180 929,057
Advance payments by borrowers for taxes and insurance 32,030 25,563
Accrued expenses and other liabilities 84,475 76,495
Total liabilities 5,719,558 5,294,430
Stockholders' equity:    
Preferred stock, $0.01 par value. 10,000,000 shares authorized; none issued and outstanding at December 31, 2018 and 2017 0 0
Common stock, $0.01 par value. 500,000,000 shares authorized; 115,889,175 shares issued and outstanding at December 31, 2018 and none at December 31, 2017 1,159 0
Additional paid-in capital 527,037 0
Retained earnings 560,216 537,480
Accumulated other comprehensive loss (71,897) (65,410)
Common stock held by the Employee Stock Ownership Plan (43,835) 0
Stock held by Rabbi Trust (1,259) 0
Deferred compensation obligations 639 0
Total stockholders' equity 972,060 472,070
Total liabilities and stockholders' equity $ 6,691,618 $ 5,766,500