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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 391,004 $ 423,140
Short-term investments 110 109
Total cash and cash equivalents 391,114 423,249
Debt securities available for sale, at fair value 1,263,459 1,093,557
Debt securities held to maturity, at amortized cost (fair value of $365,344 and $357,177 at June 30, 2024 and December 31, 2023, respectively) 411,300 401,154
Equity securities, at fair value 4,531 4,079
Federal Home Loan Bank stock 87,618 81,022
Loans receivable 7,819,011 7,874,537
Less: allowance for credit losses 57,062 55,096
Loans receivable, net 7,761,949 7,819,441
Accrued interest receivable 41,338 39,345
Office properties and equipment, net 82,547 83,577
Bank-owned life insurance ("BOLI") 271,300 268,362
Goodwill and intangible assets 122,102 123,350
Other real estate owned 1,974 0
Other assets 324,358 308,432
Total assets 10,763,590 10,645,568
Liabilities:    
Deposits 7,781,547 7,846,556
Borrowings 1,683,899 1,528,695
Advance payments by borrowers for taxes and insurance 47,842 43,509
Accrued expenses and other liabilities 203,568 186,473
Total liabilities 9,716,856 9,605,233
Stockholders' equity:    
Preferred stock, $0.01 par value. 10,000,000 shares authorized; none issued and outstanding at June 30, 2024 and December 31, 2023 0 0
Common stock, $0.01 par value. 500,000,000 shares authorized; 131,370,633 shares issued and 104,755,270 shares outstanding at June 30, 2024 and 131,155,268 shares issued and 104,918,905 shares outstanding at December 31, 2023 1,314 1,312
Additional paid-in capital 796,432 791,450
Retained earnings 896,989 893,604
Accumulated other comprehensive loss (155,482) (158,735)
Treasury stock, at cost; 26,615,363 shares at June 30, 2024 and 26,236,363 shares at December 31, 2023 (460,291) (454,128)
Common stock held by the Employee Stock Ownership Plan (31,349) (32,478)
Stock held by Rabbi Trust (3,106) (2,955)
Deferred compensation obligations 2,227 2,265
Total stockholders' equity 1,046,734 1,040,335
Total liabilities and stockholders' equity $ 10,763,590 $ 10,645,568