As Reported Financials

As Reported Financials

Source Document Currency Code (in thousands) 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 9/30/2018 USD 2018 Q3 YTD 9/30/2018 USD
Source Document Currency Code 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 12/31/2017 USD 2017 Y 9/30/2018 USD 2018 Q3 YTD 9/30/2018 USD

ASSETS

Cash and due from banks 78,187 64,154 113,503 169,455 132,822
Federal funds sold and other short-term investments 250 NA NA NA NA
Total cash and cash equivalents 78,437 64,154 113,503 NA NA
Mortgage-backed securities (“MBS”) available-for-sale, at fair value 26,409 431 3,558 351,384 465,490
Marketable equity securities, at fair value NA NA NA 0 6,111
Investment securities held-to-maturity 5,367 5,242 5,378 NA NA
Investment securities available-for-sale, at fair value 3,806 3,756 3,895 4,006 5,088
Trading securities 8,559 10,201 6,953 2,715 0

Loans

Real estate 4,117,411 4,695,186 5,633,007 5,464,067 5,204,462
Consumer loans 1,829 1,590 NA NA NA
Commercial and industrial (“C&I”) loans NA NA 2,058 136,671 207,743
Other loans NA NA 1,357 1,379 1,162
Less allowance for loan losses (18,493) (18,514) (20,536) (21,033) (21,330)
Total loans, net 4,100,747 4,678,262 5,615,886 5,581,084 5,392,037
Premises and fixed assets, net 25,065 15,150 18,405 24,326 24,736
Premises held for sale 0 8,799 1,379 NA NA
Federal Home Loan Bank of New York (“FHLBNY”) capital stock 58,407 58,713 44,444 59,696 53,842
Other real estate owned ("OREO") 18 148 NA NA NA
Bank Owned Life Insurance (“BOLI”) 82,614 85,019 86,328 108,545 110,706
Goodwill 55,638 55,638 55,638 55,638 55,638
Other assets 52,040 47,359 50,063 46,611 47,723
Total Assets 4,497,107 5,032,872 6,005,430 6,403,460 6,294,193

LIABILITIES AND STOCKHOLDERS' EQUITY

Liabilities

Due to depositors
Interest-bearing deposits 2,472,199 2,925,129 4,097,992 4,095,701 4,013,470
Non-interest-bearing deposits 187,593 259,181 297,434 307,746 368,780
Total deposits 2,659,792 3,184,310 4,395,426 4,403,447 4,382,250
Escrow and other deposits 91,921 77,130 103,001 82,168 119,796
FHLBNY advances 1,173,725 1,166,725 831,125 1,170,000 1,042,925
Subordinated debt, net NA NA 0 113,612 113,722
Trust Preferred securities payable 70,680 70,680 70,680 NA NA
Other liabilities 41,264 40,080 39,330 35,666 31,923
Total Liabilities 4,037,382 4,538,925 5,439,562 5,804,893 5,690,616

Stockholders' Equity

Preferred stock 0 0 0 0 0
Common stock 529 533 536 536 537
Additional paid-in capital 254,358 262,798 278,356 276,730 277,718
Retained earnings 427,126 451,606 503,539 535,130 558,357
Accumulated other comprehensive loss, net of deferred taxes (8,547) (8,801) (5,939) (3,641) (5,734)
Unallocated common stock of Employee Stock Ownership Plan ("ESOP") (2,545) (2,313) NA NA NA
Unearned Restricted Stock Award common stock (3,066) (2,271) (1,932) (2,894) (4,699)
Common stock held by Benefit Maintenance Plan (“BMP”) (9,164) (9,354) (6,859) (2,736) (1,509)
Treasury stock, at cost (198,966) (198,251) (201,833) (204,558) (221,093)
Total Stockholders' Equity 459,725 493,947 565,868 598,567 603,577
Total Liabilities and Stockholders' Equity 4,497,107 5,032,872 6,005,430 6,403,460 6,294,193
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.