|
UNAUDITED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (USD $)
In Thousands, unless otherwise specified
|
Sep. 30, 2012
|
Dec. 31, 2011
|
| ASSETS: |
|
|
| Cash and due from banks |
$ 194,702 |
$ 43,309 |
| Federal funds sold and other short-term investments |
59,999 |
951 |
| Total cash and cash equivalents |
254,701 |
44,260 |
| Investment securities held-to-maturity (estimated fair value of $6,244 and $4,924 at September 30, 2012 and December 31, 2011, respectively) (Fully unencumbered) |
5,957 |
6,511 |
| Investment securities available-for-sale, at fair value: |
|
|
| Encumbered |
49,111 |
124,282 |
| Unencumbered |
5,915 |
50,586 |
| Investment securities available-for-sale, at fair value: |
55,026 |
174,868 |
| Mortgage-backed securities available-for-sale, at fair value: |
|
|
| Encumbered |
69,977 |
90,164 |
| Unencumbered |
11,815 |
3,713 |
| Mortgage-backed securities available-for-sale, at fair value: |
81,792 |
93,877 |
| Trading securities |
3,432 |
1,774 |
| Loans: |
|
|
| Real estate, net |
3,323,501 |
3,458,416 |
| Other loans |
2,492 |
2,449 |
| Less allowance for loan losses |
(20,694) |
(20,254) |
| Total loans, net |
3,305,299 |
3,440,611 |
| Loans held for sale |
387 |
3,022 |
| Premises and fixed assets, net |
33,363 |
32,646 |
| Federal Home Loan Bank of New York (FHLBNY) capital stock |
41,636 |
49,489 |
| Goodwill |
55,638 |
55,638 |
| Other assets |
117,127 |
118,484 |
| Total Assets |
3,954,358 |
4,021,180 |
| Due to depositors: |
|
|
| Interest bearing deposits |
2,267,897 |
2,202,622 |
| Non-interest bearing deposits |
151,269 |
141,079 |
| Due to depositors: |
2,419,166 |
2,343,701 |
| Escrow and other deposits |
111,066 |
71,812 |
| Securities sold under agreements to repurchase |
155,000 |
195,000 |
| FHLBNY advances |
767,500 |
939,775 |
| Trust Preferred securities payable |
70,680 |
70,680 |
| Other liabilities |
43,408 |
39,178 |
| Total liabilities |
3,566,820 |
3,660,146 |
| Stockholders' Equity: |
|
|
| Preferred stock ($0.01 par, 9,000,000 shares authorized, none issued or outstanding at September 30, 2012 and December 31, 2011) |
0 |
0 |
| Common stock ($0.01 par, 125,000,000 shares authorized, 51,905,791 shares and 51,566,098 shares issued at September 30, 2012 and December 31, 2011, respectively, and 35,598,196 shares and 35,109,045 shares outstanding at September 30, 2012 and December 31, 2011, respectively) |
519 |
516 |
| Additional paid-in capital |
237,192 |
231,521 |
| Retained earnings |
377,266 |
358,079 |
| Accumulated other comprehensive loss, net of deferred taxes |
(9,396) |
(9,709) |
| Unallocated common stock of Employee Stock Ownership Plan (ESOP) |
(3,065) |
(3,239) |
| Unearned Restricted Stock Award common stock |
(3,594) |
(3,037) |
| Common stock held by Benefit Maintenance Plan (BMP) |
(8,800) |
(8,655) |
| Treasury stock, at cost (16,307,595 shares and 16,457,053 shares at September 30, 2012 and December 31, 2011, respectively) |
(202,584) |
(204,442) |
| Total Stockholders' Equity |
387,538 |
361,034 |
| Total Liabilities And Stockholders' Equity |
$ 3,954,358 |
$ 4,021,180 |