XML 65 R2.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Consolidated Statements of Financial Condition (USD $)
In Thousands
Jun. 30, 2011
Dec. 31, 2010
Assets:    
Cash and due from banks $ 146,701 $ 175,769
Federal funds sold and other overnight deposits 566,950 493,628
Total cash and cash equivalents 713,651 669,397
Securities available for sale:    
Mortgage-backed securities 10,484,264 18,120,537
Investment securities 7,221 89,795
Securities held to maturity:    
Mortgage-backed securities (fair value of $5,175,111 at June 30, 2011 and $6,199,507 at December 31, 2010) 4,896,216 5,914,372
Investment securities (fair value of $3,601,261 at June 30, 2011 and $3,867,488 at December 31, 2010) 3,638,950 3,939,006
Total securities 19,026,651 28,063,710
Loans 30,373,476 30,923,897
Net deferred loan costs 92,026 86,633
Allowance for loan losses (262,306) (236,574)
Net loans 30,203,196 30,773,956
Federal Home Loan Bank of New York stock 767,064 871,940
Foreclosed real estate, net 38,364 45,693
Accrued interest receivable 211,541 245,546
Banking premises and equipment, net 70,970 69,444
Goodwill 152,109 152,109
Other assets 595,093 274,238
Total Assets 51,778,639 61,166,033
Deposits:    
Interest-bearing 24,969,778 24,605,896
Noninterest-bearing 584,823 567,230
Total deposits 25,554,601 25,173,126
Repurchase agreements 7,700,000 14,800,000
Federal Home Loan Bank of New York advances 13,425,000 14,875,000
Total borrowed funds 21,125,000 29,675,000
Due to brokers 0 538,200
Accrued expenses and other liabilities 211,079 269,469
Total liabilities 46,890,680 55,655,795
Common stock, $0.01 par value, 3,200,000,000 shares authorized; 741,466,555 shares issued; 526,707,577 shares outstanding at June 30, 2011 and 526,718,310 shares outstanding at December 31, 2010 7,415 7,415
Additional paid-in capital 4,713,474 4,705,255
Retained earnings 2,069,138 2,642,338
Treasury stock, at cost; 214,758,978 shares at June 30, 2011 and 214,748,245 shares outstanding at December 31, 2010 (1,726,057) (1,725,946)
Unallocated common stock held by the employee stock ownership plan (201,227) (204,230)
Accumulated other comprehensive income, net of tax 25,216 85,406
Total shareholders' equity 4,887,959 5,510,238
Total Liabilities and Shareholders' Equity $ 51,778,639 $ 61,166,033