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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 423,140 $ 179,097
Short-term investments 109 131
Total cash and cash equivalents 423,249 179,228
Debt securities available for sale, at fair value 1,093,557 1,328,634
Debt securities held to maturity, at amortized cost (fair value of $357,177 and $370,391 at December 31, 2023 and 2022, respectively) 401,154 421,523
Equity securities, at fair value 4,079 3,384
Federal Home Loan Bank stock 81,022 58,114
Loans receivable 7,874,537 7,677,564
Less: allowance for credit losses 55,096 52,803
Loans receivable, net 7,819,441 7,624,761
Accrued interest receivable 39,345 33,898
Office properties and equipment, net 83,577 83,877
Bank-owned life insurance ("BOLI") 268,362 264,854
Goodwill and intangible assets 123,350 125,142
Other assets 308,432 284,754
Total assets 10,645,568 10,408,169
Liabilities:    
Deposits 7,846,556 8,001,159
Borrowings 1,528,695 1,127,047
Advance payments by borrowers for taxes and insurance 43,509 45,460
Accrued expenses and other liabilities 186,473 180,908
Total liabilities 9,605,233 9,354,574
Stockholders' equity:    
Preferred stock, $0.01 par value. 10,000,000 shares authorized; none issued and outstanding at December 31, 2023 and 2022 0 0
Common stock, $0.01 par value. 500,000,000 shares authorized; 131,155,268 shares issued and 104,918,905 shares outstanding at December 31, 2023, and 130,900,673 shares issued and 108,970,476 shares outstanding at December 31, 2022 1,312 1,309
Additional paid-in capital 791,450 781,165
Retained earnings 893,604 857,518
Accumulated other comprehensive loss (158,735) (179,296)
Treasury stock, at cost; 26,236,363 shares at December 31, 2023 and 21,930,197 shares at December 31, 2022 (454,128) (371,708)
Common stock held by the Employee Stock Ownership Plan (32,478) (34,750)
Stock held by Rabbi Trust (2,955) (3,149)
Deferred compensation obligations 2,265 2,506
Total stockholders' equity 1,040,335 1,053,595
Total liabilities and stockholders' equity $ 10,645,568 $ 10,408,169