As Reported Financials

As Reported Financials

Source Document Currency Code (in thousands) 2012 Y 12/31/2014 USD 2013 Y 12/31/2015 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2015 USD 2016 Q3 YTD 9/30/2016 USD
Source Document Currency Code 2012 Y 12/31/2014 USD 2013 Y 12/31/2015 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2015 USD 2016 Q3 YTD 9/30/2016 USD

CASH FLOWS FROM OPERATING ACTIVITIES

Net Income 40,308 43,548 44,246 44,772 71,782

Adjustments to reconcile net income to net cash provided by operating activities

Net gain on investment and mortgage backed securities sold (1,022) (110) (997) (1,384) 0
Net (gain) loss recognized on trading securities (113) (265) (13) 111 (108)
Net gain on sale of loans held for sale (68) (13) (27) 0 NA
Net (loss) gain on the disposal of other assets (13,726) 21 (649) 0 NA
Loss on debt extinguishment 28,772 NA NA NA NA
Net gain on the sale of OREO NA NA NA NA (40)
Net gain on sale of premises held for sale NA NA NA NA (68,183)
Net depreciation, amortization and accretion 2,880 2,834 2,641 2,738 1,611
Stock plan compensation (excluding ESOP) 2,164 2,205 2,087 1,886 1,435
ESOP compensation expense 1,078 1,213 1,230 1,307 842
Provision (Credit) for loan losses 3,921 369 (1,872) (1,330) 1,589
Provision for losses on OREO 0 180 0 0 NA
Credit to reduce the liability for loans sold with recourse (1,286) (305) (1,040) 0 NA
Net OTTI recognized in earnings 181 NA NA NA NA
Increase in cash surrender value of BOLI (1,689) (1,672) (1,743) (2,405) (1,689)
Income recognized from mortality benefit on BOLI NA NA NA NA (484)
Deferred income tax (credit) provision (2,068) (940) 771 6,883 (1,993)
Reduction in credit related other than temporary impairment (“OTTI”) amortized through interest income NA NA NA NA (78)
Excess tax benefit from stock benefit plans (389) (292) (71) (303) (142)
Changes in assets and liabilities
Originations of loans held for sale during the period (32,665) (1,621) 0 0 NA
Proceeds from sales of loans held for sale 36,755 2,194 0 0 NA
Decrease in other assets 6,009 8,168 (2,873) (1,692) 2,999
(Decrease) Increase in other liabilities 3,663 5,637 5,573 (430) (1,220)
Net cash provided by Operating activities 72,705 61,151 47,263 50,153 6,321

CASH FLOWS FROM INVESTING ACTIVITIES

Proceeds from maturities of investment securities held-to-maturity 983 949 88 340 0
Proceeds from sales of investment securities available-for-sale 22,415 366 3,780 2,070 0
Proceeds from the sales of trading securities 171 131 7,115 1,340 3,648
Proceeds from sales of mortgage backed securities available for sale 21,949 0 0 24,307 0
Purchases of investment securities available-for-sale (80,153) (458) (3,884) (2,134) (2)
Purchases of mortgage backed securities available-for-sale (23,186) 0 (875) 0 (3,267)
Acquisition of trading securities (3,158) (1,814) (8,839) (3,090) (229)
Principal collected on mortgage backed securities available-for-sale 42,822 17,372 5,863 1,602 NA
Purchase of BOLI 0 0 (25,000) 0 NA
Proceeds from the sale of loans 0 564 0 0 NA
Proceeds from the sale of fixed assets 17,477 0 4,273 0 NA
Proceeds from calls and principal repayments of mortgage backed securities available-for-sale 200,320 14,750 15,000 0 45
Proceeds from the sale of loans held for sale previously classified as portfolio loans 30,906 5,893 16,892 9,572 0
Purchases of loans (30,425) (52,031) (225,604) (99,745) (157,782)
Loans originated, net of repayments (50,609) (149,122) (210,770) (486,142) (635,662)
Proceeds from sale of OREO NA NA NA NA 170
Proceeds from surrender of cash surrender value of BOLI NA NA NA NA 1,425
Net proceeds from the sale of premises held for sale NA NA NA NA 75,899
Purchases of fixed assets, net (4,422) (1,963) (1,618) (1,488) (2,397)
Redemption of FHLBNY capital stock 4,478 (3,040) (10,356) (306) 11,974
Net cash used in Investing Activities 149,568 (168,403) (433,935) (553,674) (706,178)

CASH FLOWS FROM FINANCING ACTIVITIES

Increase in due to depositors 135,728 27,717 152,646 524,518 974,954
Increase in escrow and other deposits 10,941 (13,349) 22,517 (14,791) 40,179
Repayments of FHLBNY advances (172,275) (218,500) (1,224,500) (2,897,500) (2,892,500)
Proceeds from FHLBNY advances 75,000 286,000 1,488,225 2,890,500 2,607,900
Repayments of securities sold under agreements to repurchase ("REPOS") (195,000) NA NA NA NA
Prepayment penalty on debt (28,772) NA NA NA NA
Proceeds from exercise of stock options 5,608 11,228 278 6,549 2,900
Excess tax benefit from stock benefit plans 389 292 71 303 142
Equity award distribution 145 293 201 251 NA
Release of stock for benefit plan awards NA NA NA NA 250
BMP ESOP shares received to satisfy distribution of retirement benefits NA NA NA NA (1,820)
Treasury shares repurchased NA 0 0 (300) 0
Cash dividends paid to stockholders (19,221) (19,728) (20,106) (20,292) (15,432)
Net cash provided by Financing Activities (187,457) 73,953 419,332 489,238 716,573
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 34,816 (33,299) 32,660 (14,283) 16,716
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 44,260 79,076 45,777 78,437 64,154
CASH AND CASH EQUIVALENTS, END OF PERIOD 79,076 45,777 78,437 64,154 80,870

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION

Cash paid for income taxes 26,913 29,858 29,035 25,659 43,525
Cash paid for interest 87,281 47,155 48,329 46,698 38,216
Loans transferred to OREO 0 783 0 130 0
Transfer of premises to held for sale NA NA NA NA 1,379
Loans transferred to held for sale 65,131 7,514 16,865 9,572 0
Amortization of unrealized loss on securities transferred from available-for-sale to held-to-maturity 202 271 65 125 36
Net decrease (increase) in non-credit component of OTTI 296 (32) (32) 9 25
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.