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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 319,333 $ 179,097
Short-term investments 106 131
Total cash and cash equivalents 319,439 179,228
Debt securities available for sale, at fair value 1,272,570 1,328,634
Debt securities held to maturity, at amortized cost (fair value of $372,187 and $370,391 at March 31, 2023 and December 31, 2022, respectively) 417,227 421,523
Equity securities, at fair value 3,552 3,384
Federal Home Loan Bank stock 84,799 58,114
Loans receivable 7,787,072 7,677,564
Less: allowance for credit losses 52,873 52,803
Loans receivable, net 7,734,199 7,624,761
Accrued interest receivable 35,126 33,898
Office properties and equipment, net 83,721 83,877
Bank-owned life insurance ("BOLI") 266,230 264,854
Goodwill and intangible assets 124,581 125,142
Other assets 293,206 284,754
Total assets 10,634,650 10,408,169
Liabilities:    
Deposits 7,674,201 8,001,159
Borrowings 1,706,613 1,127,047
Advance payments by borrowers for taxes and insurance 47,690 45,460
Accrued expenses and other liabilities 167,256 180,908
Total liabilities 9,595,760 9,354,574
Stockholders' equity:    
Preferred stock, $0.01 par value. 10,000,000 shares authorized; none issued and outstanding at March 31, 2023 and December 31, 2022 0 0
Common stock, $0.01 par value. 500,000,000 shares authorized; 130,902,166 shares issued and 106,584,538 shares outstanding at March 31, 2023 and 130,900,673 shares issued and 108,970,476 shares outstanding at December 31, 2022 1,309 1,309
Additional paid-in capital 783,642 781,165
Retained earnings 876,241 857,518
Accumulated other comprehensive loss (167,858) (179,296)
Treasury stock, at cost; 24,317,628 shares at March 31, 2023 and 21,930,197 shares at December 31, 2022 (419,678) (371,708)
Common stock held by the Employee Stock Ownership Plan (34,190) (34,750)
Stock held by Rabbi Trust (2,668) (3,149)
Deferred compensation obligations 2,092 2,506
Total stockholders' equity 1,038,890 1,053,595
Total liabilities and stockholders' equity $ 10,634,650 $ 10,408,169