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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 204,375 $ 179,097
Short-term investments 109 131
Total cash and cash equivalents 204,484 179,228
Debt securities available for sale, at fair value 1,018,379 1,328,634
Debt securities held to maturity, at amortized cost (fair value of $351,927 and $370,391 at September 30, 2023 and December 31, 2022, respectively) 411,945 421,523
Equity securities, at fair value 3,633 3,384
Federal Home Loan Bank stock 71,869 58,114
Loans receivable 7,840,540 7,677,564
Less: allowance for credit losses 54,113 52,803
Loans receivable, net 7,786,427 7,624,761
Accrued interest receivable 37,016 33,898
Office properties and equipment, net 83,344 83,877
Bank-owned life insurance ("BOLI") 269,159 264,854
Goodwill and intangible assets 123,890 125,142
Other assets 313,393 284,754
Total assets 10,323,539 10,408,169
Liabilities:    
Deposits 7,703,166 8,001,159
Borrowings 1,356,218 1,127,047
Advance payments by borrowers for taxes and insurance 42,417 45,460
Accrued expenses and other liabilities 214,307 180,908
Total liabilities 9,316,108 9,354,574
Stockholders' equity:    
Preferred stock, $0.01 par value. 10,000,000 shares authorized; none issued and outstanding at September 30, 2023 and December 31, 2022 0 0
Common stock, $0.01 par value. 500,000,000 shares authorized; 131,134,196 shares issued and 105,046,146 shares outstanding at September 30, 2023 and 130,900,673 shares issued and 108,970,476 shares outstanding at December 31, 2022 1,311 1,309
Additional paid-in capital 789,185 781,165
Retained earnings 887,035 857,518
Accumulated other comprehensive loss (184,538) (179,296)
Treasury stock, at cost; 26,088,050 shares at September 30, 2023 and 21,930,197 shares at December 31, 2022 (451,756) (371,708)
Common stock held by the Employee Stock Ownership Plan (33,051) (34,750)
Stock held by Rabbi Trust (2,862) (3,149)
Deferred compensation obligations 2,107 2,506
Total stockholders' equity 1,007,431 1,053,595
Total liabilities and stockholders' equity $ 10,323,539 $ 10,408,169