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 12/31/2017 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 12/31/2017 USD

ASSETS

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

Loans

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

LIABILITIES AND STOCKHOLDERS' EQUITY

Liabilities

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

Stockholders' Equity

Preferred stock 0 0 0 0
Common stock 529 533 536 536
Additional paid-in capital 254,358 262,798 278,356 276,730
Retained earnings 427,126 451,606 503,539 535,130
Accumulated other comprehensive loss, net of deferred taxes (8,547) (8,801) (5,939) (3,641)
Unallocated common stock of Employee Stock Ownership Plan ("ESOP") (2,545) (2,313) NA NA
Unearned Restricted Stock Award common stock (3,066) (2,271) (1,932) (2,894)
Common stock held by Benefit Maintenance Plan ("BMP") (9,164) (9,354) (6,859) (2,736)
Treasury stock, at cost (198,966) (198,251) (201,833) (204,558)
Total Stockholders' Equity 459,725 493,947 565,868 598,567
Total Liabilities And Stockholders' Equity 4,497,107 5,032,872 6,005,430 6,403,460
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.