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Consolidated Statements of Cash Flows - USD ($)
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash flows from operating activities:    
Net income $ 18,565,000 $ 19,307,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Net amortization on loans 2,310,000 2,883,000
Net amortization on securities and borrowings 1,822,000 2,322,000
Net provision for loan and real estate losses credited to operations (2,918,000) (181,000)
Depreciation and amortization 3,694,000 3,024,000
Net gain on sales of loans and securities (518,000) (463,000)
Mortgage servicing rights amortization and valuation allowance adjustments, net 1,404,000 1,130,000
Stock-based compensation 1,581,000 1,608,000
Deferred income tax expense 75,000 1,191,000
Originations of loans held-for-sale (27,258,000) (27,463,000)
Proceeds from sales and principal repayments of loans held-for-sale 28,288,000 27,585,000
Increase in accrued interest receivable (1,143,000) (580,000)
Bank owned life insurance income and insurance proceeds received, net (2,289,000) (2,197,000)
Decrease in other assets 2,572,000 2,457,000
Increase (decrease) in accrued expenses and other liabilities 1,219,000 (1,847,000)
Net cash provided by operating activities 27,404,000 28,776,000
Cash flows from investing activities:    
Originations of loans receivable (309,871,000) (389,387,000)
Loan purchases through third parties (29,048,000) (49,855,000)
Principal payments on loans receivable 482,897,000 563,529,000
Proceeds from sales of delinquent and non-performing loans 400,000 5,806,000
Purchases of securities held-to-maturity (354,392,000) (93,428,000)
Purchases of securities available-for-sale 0 (37,049,000)
Principal payments on securities held-to-maturity 206,196,000 105,752,000
Principal payments on securities available-for-sale 11,447,000 10,949,000
Proceeds from sales of securities available-for-sale 23,065,000 0
Net purchases of Federal Home Loan Bank of New York stock (445,000) (868,000)
Proceeds from sales of real estate owned, net 7,863,000 6,670,000
Purchases of premises and equipment, net of proceeds from sales (2,108,000) (2,977,000)
Net cash provided by investing activities 36,004,000 119,142,000
Cash flows from financing activities:    
Net decrease in deposits (54,488,000) (97,880,000)
Net decrease in borrowings with original terms of three months or less (270,000,000) (74,000,000)
Repayments of borrowings with original terms greater than three months (345,000,000) 0
Proceeds from borrowings with terms greater than three months 550,000,000 0
Net increase in mortgage escrow funds 47,796,000 46,729,000
Proceeds from sales of treasury stock 41,000 6,009,000
Cash dividends paid to stockholders (6,247,000) (6,189,000)
Net tax benefit excess (shortfall) from stock-based compensation 3,000 (6,000)
Net cash used in financing activities (77,895,000) (125,337,000)
Net (decrease) increase in cash and cash equivalents (14,487,000) 22,581,000
Cash and cash equivalents at beginning of period 200,538,000 143,185,000
Cash and cash equivalents at end of period 186,051,000 165,766,000
Supplemental disclosures:    
Interest paid 27,977,000 31,708,000
Income taxes paid 4,613,000 1,477,000
Additions to real estate owned 965,000 1,269,000
Loans transferred to held-for-sale $ 0 $ 6,205,000