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 6/30/2018 USD 2018 Q2 YTD 6/30/2018 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 6/30/2018 USD 2018 Q2 YTD 6/30/2018 USD

ASSETS

Cash and due from banks 78,187 64,154 113,503 169,455 150,992
Federal funds sold and other short-term investments 250 NA NA NA NA
Total cash and cash equivalents 78,437 64,154 113,503 169,455 150,992
Mortgage-backed securities (“MBS”) available-for-sale, at fair value 26,409 431 3,558 351,384 414,938
Marketable equity securities, at fair value NA NA NA 0 6,368
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 5,078
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 5,230,361
Consumer loans 1,829 1,590 NA NA NA
Commercial and industrial (“C&I”) loans NA NA 2,058 136,671 172,522
Other loans NA NA 1,357 1,379 1,477
Less allowance for loan losses (18,493) (18,514) (20,536) (21,033) (20,984)
Total loans, net 4,100,747 4,678,262 5,615,886 5,581,084 5,383,376
Premises and fixed assets, net 25,065 15,150 18,405 24,326 25,340
Premises held for sale 0 8,799 1,379 NA NA
Loans held for sale NA NA NA 0 430
Federal Home Loan Bank of New York (“FHLBNY”) capital stock 58,407 58,713 44,444 59,696 53,874
Other real estate owned ("OREO") 18 148 NA NA NA
Bank Owned Life Insurance (“BOLI”) 82,614 85,019 86,328 108,545 109,977
Goodwill 55,638 55,638 55,638 55,638 55,638
Other assets 52,040 47,359 50,063 46,611 47,164
Total Assets 4,497,107 5,032,872 6,005,430 6,403,460 6,253,175

LIABILITIES AND STOCKHOLDERS' EQUITY

Liabilities

Due to depositors
Interest-bearing deposits 2,472,199 2,925,129 4,097,992 4,095,701 4,002,767
Non-interest-bearing deposits 187,593 259,181 297,434 307,746 356,626
Total deposits 2,659,792 3,184,310 4,395,426 4,403,447 4,359,393
Escrow and other deposits 91,921 77,130 103,001 82,168 89,302
FHLBNY advances 1,173,725 1,166,725 831,125 1,170,000 1,043,650
Subordinated debt, net NA NA 0 113,612 113,686
Trust Preferred securities payable 70,680 70,680 70,680 NA NA
Other liabilities 41,264 40,080 39,330 35,666 31,612
Total Liabilities 4,037,382 4,538,925 5,439,562 5,804,893 5,637,643

Stockholders' Equity

Preferred stock 0 0 0 0 0
Common stock 529 533 536 536 537
Additional paid-in capital 254,358 262,798 278,356 276,730 278,194
Retained earnings 427,126 451,606 503,539 535,130 551,818
Accumulated other comprehensive loss, net of deferred taxes (8,547) (8,801) (5,939) (3,641) (4,578)
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) (4,821)
Common stock held by Benefit Maintenance Plan (“BMP”) (9,164) (9,354) (6,859) (2,736) (2,148)
Treasury stock, at cost (198,966) (198,251) (201,833) (204,558) (203,470)
Total Stockholders' Equity 459,725 493,947 565,868 598,567 615,532
Total Liabilities and Stockholders' Equity 4,497,107 5,032,872 6,005,430 6,403,460 6,253,175
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.