Flagstar Financial (FLG) 10-Q 8 Aug 18 2018 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2018	Aug. 02, 2018
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q2
Trading Symbol	NYB
Entity Registrant Name	NEW YORK COMMUNITY BANCORP INC
Entity Central Index Key	910,073
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		490,360,806

Consolidated Statements of Cond

Consolidated Statements of Condition - USD ($) $ in Thousands		Jun. 30, 2018		Dec. 31, 2017
Assets:
Cash and cash equivalents		$ 2,204,397		$ 2,528,169
Securities:
Debt securities available-for-sale ($842,424 and $1,263,227 pledged, respectively)		4,122,883	[1]	3,531,427
Equity investments with readily determinable fair values, at fair value		31,766
Total securities		4,154,649		3,531,427
Loans held for sale				35,258
Loans held for investment, net of deferred loan fees and costs		39,447,825		38,387,971
Less: Allowance for loan losses		(160,652)		(158,046)
Loans held for investment, net		39,287,173		38,229,925
Total loans, net		39,287,173		38,265,183
Federal Home Loan Bank stock, at cost	[2]	653,075		603,819
Premises and equipment, net		359,725		368,655
Goodwill		2,436,131		2,436,131
Mortgage servicing rights ($2,505 and $2,729 measured at fair value, respectively)		4,362		6,100
Bank-owned life insurance		971,795		967,173
Other real estate owned and other repossessed assets		14,204		16,400
Other assets		383,659		401,138
Total assets		50,469,170		49,124,195
Deposits:
Interest-bearing checking and money market accounts		11,830,315		12,936,301
Savings accounts		4,920,967		5,210,001
Certificates of deposit		10,306,519		8,643,646
Non-interest-bearing accounts		2,498,044		2,312,215
Total deposits		29,555,845		29,102,163
Wholesale borrowings:
Federal Home Loan Bank advances		13,234,500		12,104,500
Repurchase agreements		200,000		450,000
Total wholesale borrowings		13,434,500		12,554,500
Junior subordinated debentures		359,339		359,179
Total borrowed funds		13,793,839		12,913,679
Other liabilities		330,134		312,977
Total liabilities		43,679,818		42,328,819
Stockholders' equity:
Preferred stock at par $0.01 (5,000,000 shares authorized): Series A (515,000 shares issued and outstanding)		502,840		502,840
Common stock at par $0.01 (900,000,000 shares authorized; 490,439,070 and 489,072,101 shares issued; and 490,379,705 and 488,490,352 shares outstanding, respectively)		4,904		4,891
Paid-in capital in excess of par		6,082,394		6,072,559
Retained earnings		271,559		237,868
Treasury stock, at cost (59,365 and 581,749 shares, respectively)		(757)		(7,615)
Accumulated other comprehensive loss, net of tax:
Net unrealized (loss) gain on securities available for sale, net of tax of $3,757 and $(27,961), respectively		(9,069)		39,188
Net unrealized loss on the non-credit portion of OTTI losses on securities, net of tax of $2,517 and $3,338, respectively		(6,042)		(5,221)
Net unrealized loss on pension and post-retirement obligations, net of tax of $21,057 and $32,121, respectively		(56,477)		(49,134)
Total accumulated other comprehensive loss, net of tax		(71,588)		(15,167)
Total stockholders' equity		6,789,352		6,795,376
Total liabilities and stockholders' equity		$ 50,469,170		$ 49,124,195
[1]	As equity securities have no contractual maturity, they have been excluded from this table.
[2]	Carrying value and estimated fair value are at cost.

Consolidated Statements of Con3

Consolidated Statements of Condition (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Securities Available-for-sale, pledged	$ 842,424	$ 1,263,227
Mortgage servicing rights,fair value	$ 2,505	$ 2,729
Preferred stock, par	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, Series A shares issued	515,000	515,000
Preferred stock, Series A shares outstanding	515,000	515,000
Common stock, par	$ 0.01	$ 0.01
Common stock, shares authorized	900,000,000	900,000,000
Common stock, shares issued	490,439,070	489,072,101
Common stock, shares outstanding	490,379,705	488,490,352
Treasury stock, shares	59,365	581,749
Net unrealized (loss) gain on securities available for sale, tax	$ 3,757	$ (27,961)
Net unrealized loss on the non-credit portion of OTTI losses on securities, tax	2,517	3,338
Net unrealized loss on pension and post-retirement obligations, tax	$ 21,057	$ 32,121

Consolidated Statements of Inco

Consolidated Statements of Income and Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Interest Income:
Mortgage and other loans	$ 368,456	$ 361,330	$ 724,373	$ 719,732
Securities and money market investments	48,876	37,745	97,284	78,462
Total interest income	417,332	399,075	821,657	798,194
Interest Expense:
Interest-bearing checking and money market accounts	40,380	24,084	74,749	43,793
Savings accounts	6,630	7,150	13,851	13,960
Certificates of deposit	39,534	24,006	70,049	46,137
Borrowed funds	66,833	56,066	128,755	111,618
Total interest expense	153,377	111,306	287,404	215,508
Net interest income	263,955	287,769	534,253	582,686
Net interest income after provision for (recovery of) loan losses	259,241	294,030	519,968	592,955
Non-Interest Income:
Bank-owned life insurance	6,318	6,519	13,122	12,856
Mortgage banking income		8,196		17,960
Net (loss) gain on securities	(303)	26,936	(769)	28,915
FDIC indemnification expense		(14,325)		(18,961)
Other	9,199	14,960	18,391	25,828
Total non-interest income	22,706	50,437	45,563	82,609
Operating expenses:
Compensation and benefits	80,314	93,512	164,289	189,718
Occupancy and equipment	25,026	23,403	49,910	48,462
General and administrative	32,802	46,820	63,050	92,344
Total operating expenses	138,142	163,735	277,249	330,524
Amortization of core deposit intangibles		30		184
Total non-interest expense	138,142	163,765	277,249	330,708
Income before income taxes	143,805	180,702	288,282	344,856
Income tax expense	36,451	65,447	74,376	125,644
Net (Loss) income	107,354	115,255	213,906	219,212
Preferred stock dividends	8,207	8,207	16,414	8,207
Net income available to common shareholders	$ 99,147	$ 107,048	$ 197,492	$ 211,005
Basic earnings per common share	$ 0.20	$ 0.22	$ 0.40	$ 0.43
Diluted earnings per common share	$ 0.20	$ 0.22	$ 0.40	$ 0.43
Net income	$ 107,354	$ 115,255	$ 213,906	$ 219,212
Other comprehensive (loss) income, net of tax:
Change in net unrealized gain/loss on securities available for sale, net of tax of $7,111; $(38,189); $31,718; and $(38,542), respectively	(17,119)	53,538	(48,257)	54,033
Change in the non-credit portion of OTTI losses recognized in other comprehensive income, net of tax of $0; $0; $(821); and $(13), respectively		1	(821)	20
Change in pension and post-retirement obligations, net of tax of $(547); $(869); $(11,064) and $(1,741), respectively	1,313	1,219	(7,343)	2,437
Less: Reclassification adjustment for sales of available-for-sale securities, net of tax of $770				(1,078)
Total other comprehensive (loss) income, net of tax	(15,806)	54,758	(56,421)	55,412
Total comprehensive income, net of tax	91,548	170,013	157,485	274,624
Fee Income
Non-Interest Income:
Fee income	7,492	8,151	14,819	16,011
Non-Covered Loans
Interest Expense:
Provision for (recovery of) losses	$ 4,714	11,645	$ 14,285	13,432	[1]
Covered Loans
Interest Expense:
Provision for (recovery of) losses		$ (17,906)		$ (23,701)
[1]	Represents allowance for losses on non-covered loans, excluding PCI loans.

Consolidated Statements of Inc5

Consolidated Statements of Income and Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Change in net unrealized gain/loss on securities available for sale, tax	$ 7,111	$ (38,189)	$ 31,718	$ (38,542)
Change in the non-credit portion of OTTI losses recognized in other comprehensive income, tax	0	0	(821)	(13)
Change in pension and post-retirement obligations, tax	$ (547)	$ (869)	$ (11,064)	(1,741)
Reclassification adjustment for sales of available-for-sale securities, tax				$ 770

Consolidated Statement of Chang

Consolidated Statement of Changes in Stockholders' Equity - 6 months ended Jun. 30, 2018 - USD ($) $ in Thousands	Total	Preferred Stock (Par Value: $0.01):	Common Stock (Par Value: $0.01):	Paid-in Capital in Excess of Par:	Retained Earnings:	Treasury Stock, at Cost:	Accumulated Other Comprehensive Loss, Net of Tax:
Balance at beginning of year at Dec. 31, 2017	$ 6,795,376	$ 502,840	$ 4,891	$ 6,072,559	$ 237,868	$ (7,615)	$ (15,167)
Net income	213,906				213,906
Purchase of common stock (150,250 shares)						(2,008)
Other comprehensive loss, net of tax	(56,421)						(53,875)
Dividends paid on common stock ($0.34 per share)					(166,607)
Shares issued for restricted stock awards			13	(8,879)		8,866
Dividends paid on preferred stock ($31.88 per share)	(16,414)				(16,414)
Compensation expense related to restricted stock awards				18,714
Effect of adopting | ASU 2016-01					260
Effect of adopting | ASU 2018-02					2,546		(2,546)
Balance at end of period at Jun. 30, 2018	$ 6,789,352	$ 502,840	$ 4,904	$ 6,082,394	$ 271,559	$ (757)	$ (71,588)

Consolidated Statement of Chan7

Consolidated Statement of Changes in Stockholders' Equity (Parenthetical)	6 Months Ended
	Jun. 30, 2018$ / sharesshares
Common Stock (Par Value: $0.01):
Shares issued for restricted stock awards, shares	1,366,969
Retained Earnings:
Dividends paid on common stock, per share | $ / shares	$ 0.34
Dividends paid on preferred stock, per share | $ / shares	$ 31.88
Treasury Stock, at Cost:
Purchase of common stock, shares	150,250
Shares issued for restricted stock awards, shares	672,634

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Cash Flows from Operating Activities:
Net income	$ 213,906	$ 219,212
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for (recovery of) loan losses	14,285	(10,269)
Depreciation	16,549	16,001
Amortization of discounts and premiums, net	(3,095)	(2,130)
Amortization of core deposit intangibles		184
Net gain on sales of securities		(28,915)
Gain on trading securities activity	(178)
Net gain on sales of loans	(178)	(10,501)
Stock-based compensation	18,714	18,195
Deferred tax expense	4,620	27,766
Changes in operating assets and liabilities:
Decrease in other assets	10,140	101,612
Increase in other liabilities	36,492	51,393
Purchases of securities held for trading	(113,615)
Proceeds from sales of securities held for trading	113,793
Origination of loans held for sale		(1,122,084)
Proceeds from sales of loans originated for sale	35,258	1,275,991
Net cash provided by operating activities	346,691	536,455
Cash Flows from Investing Activities:
Proceeds from repayment of securities held to maturity		175,375
Proceeds from repayment of securities available for sale	416,555	2,614
Proceeds from sales of securities held to maturity		547,925
Proceeds from sales of securities available for sale		139,009
Purchase of securities held to maturity		(13,030)
Purchase of securities available for sale	(1,116,898)	(84,000)
Redemption of Federal Home Loan Bank stock	51,139	65,161
Purchases of Federal Home Loan Bank stock	(100,395)	(63,294)
Proceeds from bank-owned life insurance	9,457
Proceeds from sales of loans	78,058	364,164
Other changes in loans, net	(1,149,413)	(89,365)
Purchase of premises and equipment, net	(7,619)	(22,648)
Net cash (used in) provided by investing activities	(1,819,116)	1,021,911
Cash Flows from Financing Activities:
Net increase in deposits	453,682	5,662
Net decrease in short-term borrowed funds		(460,000)
Proceeds from long-term borrowed funds	3,450,000
Repayments of long-term borrowed funds	(2,570,000)	(850,000)
Net proceeds from issuance of preferred stock		502,840
Cash dividends paid on common stock	(166,607)	(166,031)
Cash dividends paid on preferred stock	(16,414)	(8,207)
Payments relating to treasury shares received for restricted stock award tax payments	(2,008)	(10,634)
Net cash provided by (used in) financing activities	1,148,653	(986,370)
Net (decrease) increase in cash and cash equivalents	(323,772)	571,996
Cash and cash equivalents at beginning of period	2,528,169	557,850
Cash and cash equivalents at end of period	2,204,397	1,129,846
Supplemental information:
Cash paid for interest	280,653	214,315
Cash paid for income taxes	13,884	67,651
Non-cash investing and financing activities:
Transfers to repossessed assets from loans	2,461	9,558
Transfer of loans from held for investment to held for sale	77,880	1,843,765
Shares issued for restricted stock awards	$ 8,879	10,312
Securities transferred from held to maturity to available for sale		$ 3,040,305

Organization and Basis of Prese

Organization and Basis of Presentation	6 Months Ended
	Jun. 30, 2018
Organization and Basis of Presentation	Note 1. Organization and Basis of Presentation Organization New York Community Bancorp, Inc. (on a stand-alone basis, the Parent Company or, collectively with its subsidiaries, the Company) was organized under Delaware law on July 20, 1993 and is the holding company for New York Community Bank and New York Commercial Bank (hereinafter referred to as the Community Bank and the Commercial Bank, respectively, and collectively as the Banks). For the purpose of these Consolidated Financial Statements, the Community Bank and the Commercial Bank refer not only to the respective banks but also to their respective subsidiaries. The Community Bank is the primary banking subsidiary of the Company, which was formerly known as Queens County Bancorp, Inc. Founded on April 14, 1859 and formerly known as Queens County Savings Bank, the Community Bank converted from a state-chartered mutual savings bank to the capital stock form of ownership on November 23, 1993, at which date the Company issued its initial offering of common stock (par value: $0.01 per share) at a price of $25.00 per share ($0.93 per share on a split-adjusted basis, reflecting the impact of nine stock splits between 1994 and 2004). The Commercial Bank was established on December 30, 2005. Reflecting its growth through acquisitions, the Community Bank currently operates 223 branches, two of which operate directly under the Community Bank name. The remaining 221 Community Bank branches operate through seven divisional banks: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, and Roosevelt Savings Bank in New York; Garden State Community Bank in New Jersey; AmTrust Bank in Florida and Arizona; and Ohio Savings Bank in Ohio. The Commercial Bank currently operates 30 branches in Manhattan, Queens, Brooklyn, Westchester County, and Long Island (all in New York), including 18 branches that operate under the Atlantic Bank name. Basis of Presentation The following is a description of the significant accounting and reporting policies that the Company and its subsidiaries follow in preparing and presenting their consolidated financial statements, which conform to GAAP and to general practices within the banking industry. The preparation of financial statements in conformity with GAAP requires the Company to make estimates and judgments that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Estimates that are particularly susceptible to change in the near term are used in connection with the determination of the allowances for loan losses and the evaluation of goodwill for impairment. The accompanying consolidated financial statements include the accounts of the Company and other entities in which the Company has a controlling financial interest. All inter-company accounts and transactions are eliminated in consolidation. The Company currently has certain unconsolidated subsidiaries in the form of wholly-owned statutory business trusts, which were formed to issue guaranteed capital securities. See Note 7, Borrowed Funds, for additional information regarding these trusts.

Computation of Earnings per Com

Computation of Earnings per Common Share	6 Months Ended
	Jun. 30, 2018
Computation of Earnings per Common Share	Note 2. Computation of Earnings per Common Share Basic EPS is computed by dividing the net income available to common shareholders by the weighted average number of common shares outstanding during the period. Diluted EPS is computed using the same method as basic EPS, however, the computation reflects the potential dilution that would occur if outstanding in-the-money Unvested stock-based compensation awards containing non-forfeitable two-class two-class non-forfeitable, The following table presents the Company’s computation of basic and diluted EPS for the periods indicated: Three Months Ended Six Months Ended June 30, June 30, (in thousands, except share and per share amounts) 2018 2017 2018 2017 Net income available to common shareholders $99,147 $107,048 $197,492 $211,005 Less: Dividends paid on and earnings allocated to participating securities (1,267 ) (873 ) (2,524 ) (1,693 ) Earnings applicable to common stock $97,880 $106,175 $194,968 $209,312 Weighted average common shares outstanding 488,530,527 487,282,404 488,336,395 486,899,209 Basic earnings per common share $0.20 $0.22 $0.40 $0.43 Earnings applicable to common stock $97,880 $106,175 $194,968 $209,312 Weighted average common shares outstanding 488,530,527 487,282,404 488,336,395 486,899,209 Potential dilutive common shares -- -- -- -- Total shares for diluted earnings per share computation 488,530,527 487,282,404 488,336,395 486,899,209 Diluted earnings per common share and common share equivalents $0.20 $0.22 $0.40 $0.43

Reclassifications Out of Accumu

Reclassifications Out of Accumulated Other Comprehensive Loss	6 Months Ended
	Jun. 30, 2018
Reclassifications Out of Accumulated Other Comprehensive Loss	Note 3. Reclassifications Out of Accumulated Other Comprehensive Loss (in thousands) For the Six Months Ended June 30, 2018 Details about Accumulated Other Comprehensive Loss Amount Reclassified (1 ) Affected Line Item in the Consolidated Statement of Operations Unrealized gains (losses) on debt securities available-for-sale $ -- Net (loss) gain on securities -- Income tax expense $ -- Total net (loss) gain on securities Amortization of defined benefit pension plan items: Past service liability $ 124 Included in the computation of net periodic (credit) expense (2) Actuarial losses (3,744) Included in the computation of net periodic (credit) expense (2) (3,620) Total before tax 1,065 Tax benefit $(2,555) Amortization of defined benefit pension plan items, net of tax Total reclassifications for the period $(2,555) (1) Amounts in parentheses indicate expense items. (2) See Note 8, “Pension and Other Post-Retirement Benefits,” for additional information.

Securities

Securities	6 Months Ended
	Jun. 30, 2018
Securities	Note 4. Securities The following tables summarize the Company’s portfolio of debt securities available for sale and equity investments with readily determinable fair values at June 30, 2018 and December 31, 2017: June 30, 2018 Gross Gross Amortized Unrealized Unrealized (in thousands) Cost Gain Loss Fair Value Debt securities available-for-sale Mortgage-Related Debt Securities: GSE certificates $ 1,936,949 $ 11,307 $ 24,840 $ 1,923,416 GSE CMOs 658,435 5,755 4,418 659,772 Total mortgage-related debt securities $ 2,595,384 $ 17,062 $ 29,258 $ 2,583,188 Other Debt Securities: U. S. Treasury securities $ 199,839 $ -- $ 143 $ 199,696 GSE debentures 562,866 929 9,146 554,649 Asset-backed securities (1) 280,755 201 158 280,798 Municipal bonds 69,546 178 2,119 67,605 Corporate bonds 379,069 9,922 898 388,093 Capital trust notes 48,252 6,478 5,876 48,854 Total other debt securities $ 1,540,327 $ 17,708 $ 18,340 $ 1,539,695 Total debt securities available for sale (2) $ 4,135,711 $ 34,770 $ 47,598 $ 4,122,883 Equity securities: Preferred stock $ 15,292 $ -- $ 184 $ 15,108 Mutual funds and common stock (3) 16,874 346 562 16,658 Total equity securities $ 32,166 $ 346 $ 746 $ 31,766 Total securities $ 4,167,877 $ 35,116 $ 48,344 $ 4,154,649 (1) The underlying assets of the asset-backed securities are substantially guaranteed by the U.S. Government. (2) The amortized cost includes the non-credit non-credit (3) Primarily consists of mutual funds that are CRA-qualified December 31, 2017 Gross Gross Amortized Unrealized Unrealized (in thousands) Cost Gain Loss Fair Value Mortgage-Related Securities: GSE certificates $ 2,023,677 $ 46,364 $ 1,199 $ 2,068,842 GSE CMOs 536,284 14,446 826 549,904 Total mortgage-related securities $ 2,559,961 $ 60,810 $ 2,025 $ 2,618,746 Other Securities: U. S. Treasury obligations $ 199,960 $ -- $ 62 $ 199,898 GSE debentures 473,879 2,044 2,665 473,258 Municipal bonds 70,381 540 801 70,120 Corporate bonds 79,702 11,073 -- 90,775 Capital trust notes 48,230 6,498 8,632 46,096 Preferred stock 15,292 142 -- 15,434 Mutual funds and common stock (1) 16,874 487 261 17,100 Total other securities $ 904,318 $ 20,784 $ 12,421 $ 912,681 Total securities available for sale (2) $ 3,464,279 $ 81,594 $ 14,446 $ 3,531,427 (1) Primarily consists of mutual funds that are CRA-qualified (2) The amortized cost includes the non-credit non-credit At June 30, 2018 and December 31, 2017, respectively, the Company had $653.1 million and $603.8 million of FHLB-NY FHLB-NY The following table summarizes the gross proceeds and gross realized gains from the sale of available-for-sale For the Six Months Ended June 30, (in thousands) 2018 2017 Gross proceeds $ -- $139,009 Gross realized gains -- 1,986 In the following table, the beginning balance represents the credit loss component for debt securities on which OTTI occurred prior to January 1, 2018. For credit-impaired debt securities, OTTI recognized in earnings after that date is presented as an addition in two components, based upon whether the current period is the first time a debt security was credit-impaired (initial credit impairment) or is not the first time a debt security was credit-impaired (subsequent credit impairment). For the Six Months Ended (in thousands) June 30, 2018 Beginning credit loss amount as of December 31, 2017 $196,333 Add: Initial other-than-temporary credit losses -- Subsequent other-than-temporary credit losses -- Amount previously recognized in AOCL -- Less: Realized losses for securities sold -- Securities intended or required to be sold -- Increase in cash flows on debt securities 30 Ending credit loss amount as of June 30, 2018 $196,303 The following table summarizes, by contractual maturity, the amortized cost of securities at June 30, 2018: Mortgage- Average U.S. Average State, County, Average (1) Other Debt (2) Average Fair Value (dollars in thousands) Available-for-Sale (3) Due within one year $ -- -- % $ 199,839 1.70 % $ 149 6.51 % $ -- -- % $ 199,846 Due from one to five years 1,219,407 3.34 6,950 3.84 293 6.63 48,648 3.86 1,283,154 Due from five to ten years 557,628 3.39 471,325 3.11 -- -- 330,421 3.98 1,359,372 Due after ten years 818,349 2.94 84,591 3.09 69,104 2.88 329,007 3.24 1,280,511 Total debt securities available for sale $ 2,595,384 3.22 % $ 762,705 2.74 % $ 69,546 2.90 % $ 708,076 3.63 % $ 4,122,883 (1) Not presented on a tax-equivalent (2) Includes corporate bonds, capital trust notes, and asset-backed securities. (3) As equity securities have no contractual maturity, they have been excluded from this table. The following table presents securities having a continuous unrealized loss position for less than twelve months and for twelve months or longer as of June 30, 2018: Less than Twelve Months Twelve Months or Longer Total (in thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Temporarily Impaired Securities: U. S. Treasury securities $ 199,695 $ 143 $ -- $ -- $ 199,695 $ 143 U. S. Government agency and GSE obligations 524,847 9,146 -- -- 524,847 9,146 GSE certificates 959,158 23,556 19,434 1,284 978,592 24,840 GSE CMOs 329,114 4,418 -- -- 329,114 4,418 Asset-backed securities 112,408 158 -- -- 112,408 158 Municipal bonds -- -- 50,087 2,119 50,087 2,119 Corporate bonds 293,218 898 -- -- 293,218 898 Capital trust notes -- -- 37,883 5,876 37,883 5,876 Equity securities 19,089 211 11,271 535 30,360 746 Total temporarily impaired securities $ 2,437,529 $ 38,530 $ 118,675 $ 9,814 $ 2,556,204 $ 48,344 The following table presents securities having a continuous unrealized loss position for less than twelve months and for twelve months or longer as of December 31, 2017: Less than Twelve Months Twelve Months or Longer Total (in thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Temporarily Impaired Available-for-Sale GSE certificates $ 232,546 $ 535 $ 20,440 $ 664 $ 252,986 $ 1,199 GSE debentures 333,045 2,665 -- -- 333,045 2,665 GSE CMOs 118,694 826 -- -- 118,694 826 U. S. Treasury obligations 199,898 62 -- -- 199,898 62 Municipal bonds 11,169 259 41,054 542 52,223 801 Capital trust notes -- -- 35,105 8,632 35,105 8,632 Equity securities -- -- 11,545 261 11,545 261 Total temporarily impaired available-for-sale $ 895,352 $ 4,347 $ 108,144 $ 10,099 $ 1,003,496 $ 14,446 An OTTI loss on impaired debt securities must be fully recognized in earnings if an investor has the intent to sell the debt security, or if it is more likely than not that the investor will be required to sell the debt security before recovery of its amortized cost. However, even if an investor does not expect to sell a debt security, it must evaluate the expected cash flows to be received and determine if a credit loss has occurred. In the event that a credit loss occurs, only the amount of impairment associated with the credit loss is recognized in earnings. Amounts of impairment relating to factors other than credit losses are recorded in AOCL. At June 30, 2018, the Company had unrealized losses on certain GSE obligations, U.S. Treasury obligations, municipal bonds, corporate bonds, asset-backed securities, capital trust notes, and equity securities. The unrealized losses on the Company’s GSE obligations, U.S. Treasury obligations, municipal bonds, corporate bonds, asset-backed securities and capital trust notes at June 30, 2018 were primarily caused by movements in market interest rates and spread volatility, rather than credit risk. These securities are not expected to be settled at a price that is less than the amortized cost of the Company’s investment. The Company reviews quarterly financial information related to its investments in capital trust notes, as well as other information that is released by each of the issuers of such notes, to determine their continued creditworthiness. The Company continues to monitor these investments and currently estimates that the present value of expected cash flows is not less than the amortized cost of the securities. It is possible that these securities will perform worse than is currently expected, which could lead to adverse changes in cash flows from these securities and potential OTTI losses in the future. Future events that could trigger material unrecoverable declines in the fair values of the Company’s investments, and thus result in potential OTTI losses, include, but are not limited to, government intervention; deteriorating asset quality and credit metrics; significantly higher levels of default and loan loss provisions; losses in value on the underlying collateral; net operating losses; and illiquidity in the financial markets. The Company considers a decline in the fair value of equity securities to be other than temporary if the Company does not expect to recover the entire amortized cost basis of the security. The unrealized losses on the Company’s equity securities at June 30, 2018 were caused by market volatility. The Company evaluated the near-term prospects of recovering the fair value of these securities, together with the severity and duration of impairment to date, and determined that they were not other-than-temporarily impaired. Nonetheless, it is possible that these equity securities will perform worse than is currently expected, which could lead to adverse changes in their fair value, or to the failure of the securities to fully recover in value as currently anticipated by management. Either event could cause the Company to record an OTTI loss in a future period. Events that could trigger a material decline in the fair value of these securities include, but are not limited to, deterioration in the equity markets; a decline in the quality of the loan portfolio of the issuer in which the Company has invested; and the recording of higher loan loss provisions and net operating losses by such issuer. The investment securities designated as having a continuous loss position for twelve months or more at both June 30, 2018 and December 31, 2017 consisted of six agency mortgage-related securities, five capital trust notes, three municipal bonds, and one mutual fund. At June 30, 2018, the fair value of securities having a continuous loss position for twelve months or more was 7.6% below the collective amortized cost of $128.5 million. At December 31, 2017, the fair value of such securities was 8.5% below the collective amortized cost of $118.2 million. At June 30, 2018 and December 31, 2017, the combined market value of the respective securities represented unrealized losses of $9.8 million and $10.1 million, respectively.

Loans

Loans	6 Months Ended
	Jun. 30, 2018
Loans	Note 5. Loans The following table sets forth the composition of the loan portfolio at the dates indicated: June 30, 2018 December 31, 2017 (dollars in thousands) Amount Percent of Amount Percent of Loans Held for Investment: Mortgage Loans: Multi-family $ 29,211,541 74.10% $ 28,074,709 73.19% Commercial real estate 7,153,868 18.15 7,322,226 19.09 One-to-four 449,419 1.14 477,228 1.24 Acquisition, development, and construction 424,827 1.08 435,825 1.14 Total mortgage loans held for investment $ 37,239,655 94.47 $ 36,309,988 94.66 Other Loans: Commercial and industrial 1,535,618 3.90 1,377,964 3.59 Lease financing, net of unearned income of $59,088 and $65,041, respectively 634,821 1.61 662,610 1.73 Total commercial and industrial loans (1) 2,170,439 5.51 2,040,574 5.32 Other 8,663 0.02 8,460 0.02 Total other loans held for investment 2,179,102 5.53 2,049,034 5.34 Total loans held for investment $ 39,418,757 100.00% $ 38,359,022 100.00% Net deferred loan origination costs 29,068 28,949 Allowance for losses on non-covered (160,652 ) (158,046 ) Loans held for investment, net $ 39,287,173 $ 38,229,925 Loans held for sale -- 35,258 Total loans, net $ 39,287,173 $ 38,265,183 (1) Includes specialty finance loans and leases of $1.7 billion at June 30, 2018 and December 31, 2017, and other C&I loans of $491.7 million and $500.8 million, respectively, at June 30, 2018 and December 31, 2017. Loans Loans Held for Investment The majority of the loans the Company originates for investment are multi-family loans, most of which are collateralized by non-luxury mixed-use To a lesser extent, the Company also originates ADC loans for investment. One-to-four ADC loans are primarily originated for multi-family and residential tract projects in New York City and on Long Island. C&I loans consist of asset-based loans, equipment loans and leases, and dealer floor-plan loans (together, specialty finance loans and leases) that generally are made to large corporate obligors, many of which are publicly traded, carry investment grade or near-investment grade ratings, and participate in stable industries nationwide; and other C&I loans that primarily are made to small and mid-size The repayment of multi-family and CRE loans generally depends on the income produced by the underlying properties which, in turn, depends on their successful operation and management. To mitigate the potential for credit losses, the Company underwrites its loans in accordance with credit standards it considers to be prudent, looking first at the consistency of the cash flows being produced by the underlying property. In addition, multi-family buildings, CRE properties, and ADC projects are inspected as a prerequisite to approval, and independent appraisers, whose appraisals are carefully reviewed by the Company’s in-house To further manage its credit risk, the Company’s lending policies limit the amount of credit granted to any one borrower and typically require conservative debt service coverage ratios and loan-to-value ADC loans typically involve a higher degree of credit risk than loans secured by improved or owner-occupied real estate. Accordingly, borrowers are required to provide a guarantee of repayment and completion, and loan proceeds are disbursed as construction progresses, as certified by in-house To minimize the risk involved in specialty finance lending and leasing, the Company participates in syndicated loans that are brought to it, and equipment loans and leases that are assigned to it, by a select group of nationally recognized sources who have had long-term relationships with its experienced lending officers. Each of these credits is secured with a perfected first security interest or outright ownership in the underlying collateral, and structured as senior debt or as a non-cancelable re-underwritten. To minimize the risks involved in other C&I lending, the Company underwrites such loans on the basis of the cash flows produced by the business; requires that such loans be collateralized by various business assets, including inventory, equipment, and accounts receivable, among others; and typically requires personal guarantees. However, the capacity of a borrower to repay such a C&I loan is substantially dependent on the degree to which the business is successful. In addition, the collateral underlying such loans may depreciate over time, may not be conducive to appraisal, or may fluctuate in value, based upon the results of operations of the business. Included in loans held for investment at June 30, 2018 were loans of $55.6 million to officers, directors, and their related interests and parties. There were no loans to principal shareholders at that date. Loans Held for Sale At June 30, 2018 the Company had no loans held for sale as compared to $35.3 million at December 31, 2017. At December 31, 2017, all loans held for sale were one-to-four Asset Quality The following table presents information regarding the quality of the Company’s loans held for investment at June 30, 2018: (in thousands) Loans 30-89 Days Non- Loans Total Current Total Loans Multi-family $ 5 $ 5,408 $ -- $ 5,413 $ 29,206,128 $ 29,211,541 Commercial real estate -- 4,917 -- 4,917 7,148,951 7,153,868 One-to-four 214 1,669 -- 1,883 447,536 449,419 Acquisition, development, and construction -- -- -- -- 424,827 424,827 Commercial and industrial (1) (2 ) 1,994 44,483 -- 46,477 2,123,962 2,170,439 Other 4,065 4 -- 4,069 4,594 8,663 Total $ 6,278 $ 56,481 $ -- $ 62,759 $ 39,355,998 $ 39,418,757 (1) Includes $2.0 million and $43.5 million of taxi medallion-related loans that were 30 to 89 days past due and 90 days or more past due, respectively. (2) Includes lease financing receivables, all of which were current. The following table presents information regarding the quality of the Company’s loans held for investment at December 31, 2017: Loans 90 Days or More Loans Non- Delinquent and Total 30-89 Days Accrual Still Accruing Past Due Current Total Loans (in thousands) Past Due Loans Interest Loans Loans Receivable Multi-family $ 1,258 $ 11,078 $ -- $ 12,336 $ 28,062,373 $ 28,074,709 Commercial real estate 13,227 6,659 -- 19,886 7,302,340 7,322,226 One-to-four 585 1,966 -- 2,551 474,677 477,228 Acquisition, development, and construction -- 6,200 -- 6,200 429,625 435,825 Commercial and industrial (1) (2 ) 2,711 47,768 -- 50,479 1,990,095 2,040,574 Other 8 11 -- 19 8,441 8,460 Total $ 17,789 $ 73,682 $ -- $ 91,471 $ 38,267,551 $ 38,359,022 (1) Includes $2.7 million and $46.7 million of taxi medallion-related loans that were 30 to 89 days past due and 90 days or more past due, respectively. (2) Includes lease financing receivables, all of which were current. The following table summarizes the Company’s portfolio of loans held for investment by credit quality indicator at June 30, 2018: Mortgage Loans Other Loans Acquisition, One-to- Development, Total Commercial Multi- Commercial Four and Mortgage and Total Other (in thousands) Family Real Estate Family Construction Loans Industrial (1) Other Loans Credit Quality Indicator: Pass $ 29,019,539 $ 7,101,257 $ 444,093 $ 341,154 $ 36,906,043 $ 2,080,569 $ 8,659 $ 2,089,228 Special mention 172,517 46,973 3,657 74,121 297,268 16,302 -- 16,302 Substandard 19,485 5,638 1,669 9,552 36,344 73,568 4 73,572 Doubtful -- -- -- -- -- -- -- -- Total $ 29,211,541 $ 7,153,868 $ 449,419 $ 424,827 $ 37,239,655 $ 2,170,439 $ 8,663 $ 2,179,102 (1) Includes lease financing receivables, all of which were classified as Pass. The following table summarizes the Company’s portfolio of loans held for investment by credit quality indicator at December 31, 2017: Mortgage Loans Other Loans Acquisition, One-to- Development, Total Commercial Multi- Commercial Four and Mortgage and Total Other (in thousands) Family Real Estate Family Construction Loans Industrial (1) Other Loans Credit Quality Indicator: Pass $ 27,874,330 $ 7,255,100 $ 471,571 $ 344,040 $ 35,945,041 $ 1,925,527 $ 8,449 $ 1,933,976 Special mention 125,752 47,123 3,691 76,033 252,599 20,883 -- 20,883 Substandard 74,627 20,003 1,966 15,752 112,348 94,164 11 94,175 Doubtful -- -- -- -- -- -- -- -- Total $ 28,074,709 $ 7,322,226 $ 477,228 $ 435,825 $ 36,309,988 $ 2,040,574 $ 8,460 $ 2,049,034 (1) Includes lease financing receivables, all of which were classified as Pass. The preceding classifications are the most current ones available and generally have been updated within the last twelve months. In addition, they follow regulatory guidelines and can generally be described as follows: pass loans are of satisfactory quality; special mention loans have potential weaknesses that deserve management’s close attention; substandard loans are inadequately protected by the current net worth and paying capacity of the borrower or of the collateral pledged (these loans have a well-defined weakness and there is a possibility that the Company will sustain some loss); and doubtful loans, based on existing circumstances, have weaknesses that make collection or liquidation in full highly questionable and improbable. In addition, one-to-four Troubled Debt Restructurings The Company is required to account for certain held-for-investment non-accrual In an effort to proactively manage delinquent loans, the Company has selectively extended to certain borrowers concessions such as rate reductions, extension of maturity dates, and forbearance agreements. As of June 30, 2018, loans on which concessions were made with respect to rate reductions and/or extension of maturity dates amounted to $39.9 million; loans on which forbearance agreements were reached amounted to $1.8 million. The following table presents information regarding the Company’s TDRs as of June 30, 2018 and December 31, 2017: June 30, 2018 December 31, 2017 (in thousands) Accruing Non-Accrual Total Accruing Non-Accrual Total Loan Category: Multi-family $ 816 $ 5,174 $ 5,990 $ 824 $ 8,061 $ 8,885 Commercial real estate -- 356 356 -- 368 368 One-to-four -- 1,043 1,043 -- 1,066 1,066 Acquisition, development, and construction 9,552 -- 9,552 8,652 -- 8,652 Commercial and industrial -- 24,759 24,759 177 26,408 26,585 Total $ 10,368 $ 31,332 $ 41,700 $ 9,653 $ 35,903 $ 45,556 The eligibility of a borrower for work-out The financial effects of the Company’s TDRs for the three months ended June 30, 2018 and 2017 are summarized as follows: For the Three Months Ended June 30, 2018 Weighted Average Interest Rate Pre-Modification Post-Modification Number Recorded Recorded Pre- Post- Charge-off Capitalized (dollars in thousands) of Loans Investment Investment Modification Modification Amount Interest Loan Category: Commercial and industrial 6 $ 2,613 $ 1,420 3.27 % 3.05 % $ 1,158 $ -- For the Three Months Ended June 30, 2017 Weighted Average Interest Rate Pre-Modification Post-Modification Number Recorded Recorded Pre- Post- Charge-off Capitalized (dollars in thousands) of Loans Investment Investment Modification Modification Amount Interest Loan Category: One-to-four 3 $ 544 $ 657 5.90 % 2.00 % $ -- $ 7 Commercial and industrial 13 22,752 18,722 3.49 3.45 825 -- Total 16 $ 23,296 $ 19,379 $ 825 $ 7 The financial effects of the Company’s TDRs for the six months ended June 30, 2018 and 2017 are summarized as follows: For the Six Months Ended June 30, 2018 Weighted Average Interest Rate Pre-Modification Post-Modification Number Recorded Recorded Pre- Post- Charge-off Capitalized (dollars in thousands) of Loans Investment Investment Modification Modification Amount Interest Loan Category: Acquisition, development, and construction 1 $ 900 $ 900 4.50 % 4.50 % $ -- $ -- Commercial and industrial 12 5,780 3,174 3.27 3.14 2,476 -- Total 13 $ 6,680 $ 4,074 $ 2,476 $ -- For the Six Months Ended June 30, 2017 Weighted Average Interest Rate Pre-Modification Post-Modification Number Recorded Recorded Pre- Post- Charge-off Capitalized (dollars in thousands) of Loans Investment Investment Modification Modification Amount Interest Loan Category: Multi-family 4 $ 809 $ 994 5.93 % 2.21 % $ -- $ 12 Commercial and industrial 30 30,714 23,151 3.45 3.45 4,104 -- Total 34 $ 31,523 $ 24,145 $ 4,104 $ 12 At June 30, 2018, six C&I loans, in the amount of $1.7 million that had been modified as a TDR during the twelve months ended at that date were in payment default. The Company does not consider a payment to be in default when the loan is in forbearance, or otherwise granted a delay of payment, when the agreement to forebear or allow a delay of payment is part of a modification. Subsequent to the modification, the loan is not considered to be in default until payment is contractually past due in accordance with the modified terms. However, the Company does consider a loan with multiple modifications or forbearance periods to be in default, and would also consider a loan to be in default if the borrower were in bankruptcy or if the loan were partially charged off subsequent to modification.

Allowance for Loan Losses

Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2018
Allowance for Loan Losses	Note 6. Allowance for Loan Losses The following tables provide additional information regarding the Company’s allowance for loan losses based upon the method of evaluating loan impairment: (in thousands) Mortgage Other Total Allowances for Loan Losses at June 30, 2018: Loans individually evaluated for impairment $ -- $ 39 $ 39 Loans collectively evaluated for impairment 129,697 30,916 160,613 Total $ 129,697 $ 30,955 $ 160,652 (in thousands) Mortgage Other Total Allowances for Loan Losses at December 31, 2017: Loans collectively evaluated for impairment $ 128,275 $ 29,771 $ 158,046 The following tables provide additional information regarding the methods used to evaluate the Company’s loan portfolio for impairment: (in thousands) Mortgage Other Total Loans Receivable at June 30, 2018: Loans individually evaluated for impairment $ 20,886 $ 45,348 $ 66,234 Loans collectively evaluated for impairment 37,218,769 2,133,754 39,352,523 Total $ 37,239,655 $ 2,179,102 $ 39,418,757 (in thousands) Mortgage Other Total Loans Receivable at December 31, 2017: Loans individually evaluated for impairment $ 31,747 $ 48,810 $ 80,557 Loans collectively evaluated for impairment 36,278,241 2,000,224 38,278,465 Total $ 36,309,988 $ 2,049,034 $ 38,359,022 Allowance for Loan Losses The following table summarizes activity in the allowance for loan losses for the periods indicated: For the Six Months Ended June 30, 2018 2017 (1) (in thousands) Mortgage Other Total Mortgage Other Total Balance, beginning of period $ 128,275 $ 29,771 $ 158,046 $ 125,416 $ 32,874 $ 158,290 Charge-offs (5,444 ) (7,404 ) (12,848 ) (90 ) (17,646 ) (17,736 ) Recoveries 229 940 1,169 180 517 697 Provision for (recovery of) non-covered 6,637 7,648 14,285 (3,785 ) 17,217 13,432 Balance, end of period $ 129,697 $ 30,955 $ 160,652 $ 121,721 $ 32,962 $ 154,683 (1) Represents allowance for losses on non-covered The following table presents additional information about the Company’s impaired loans at June 30, 2018: Unpaid Average Interest Recorded Principal Related Recorded Income (in thousands) Investment Balance Allowance Investment Recognized Impaired loans with no related allowance: Multi-family $ 5,990 $ 8,778 $ -- $ 7,771 $ 227 Commercial real estate 3,675 8,790 -- 3,811 29 One-to-four 1,669 1,722 -- 1,861 24 Acquisition, development, and construction 9,552 10,452 -- 11,619 287 Other 45,309 106,995 -- 46,962 1,504 Total impaired loans with no related allowance $ 66,195 $ 136,737 $ -- $ 72,024 $ 2,071 Impaired loans with an allowance recorded: Multi-family $ -- $ -- $ -- $ -- $ -- Commercial real estate -- -- -- -- -- One-to-four -- -- -- -- -- Acquisition, development, and construction -- -- -- -- -- Other 39 39 39 26 4 Total impaired loans with an allowance recorded $ 39 $ 39 $ 39 $ 26 $ 4 Total impaired loans: Multi-family $ 5,990 $ 8,778 $ -- $ 7,771 $ 227 Commercial real estate 3,675 8,790 -- 3,811 29 One-to-four 1,669 1,722 -- 1,861 24 Acquisition, development, and construction 9,552 10,452 -- 11,619 287 Other 45,348 107,034 39 46,988 1,508 Total impaired loans $ 66,234 $ 136,776 $ 39 $ 72,050 $ 2,075 The following table presents additional information about the Company’s impaired loans at December 31, 2017: Unpaid Average Interest Recorded Principal Related Recorded Income (in thousands) Investment Balance Allowance Investment Recognized Impaired loans with no related allowance: Multi-family $ 8,892 $ 11,470 $ -- $ 9,554 $ 495 Commercial real estate 5,137 10,252 -- 3,522 92 One-to-four 1,966 2,072 -- 2,489 50 Acquisition, development, and construction 15,752 25,952 -- 10,976 575 Other 48,810 104,901 -- 43,074 2,200 Total impaired loans with no related allowance $ 80,557 $ 154,647 $ -- $ 69,615 $ 3,412 Impaired loans with an allowance recorded: Multi-family $ -- $ -- $ -- $ -- $ -- Commercial real estate -- -- -- -- -- One-to-four -- -- -- -- -- Acquisition, development, and construction -- -- -- -- -- Other -- -- -- 314 -- Total impaired loans with an allowance recorded $ -- $ -- $ -- $ 314 $ -- Total impaired loans: Multi-family $ 8,892 $ 11,470 $ -- $ 9,554 $ 495 Commercial real estate 5,137 10,252 -- 3,522 92 One-to-four 1,966 2,072 -- 2,489 50 Acquisition, development, and construction 15,752 25,952 -- 10,976 575 Other 48,810 104,901 -- 43,388 2,200 Total impaired loans $ 80,557 $ 154,647 $ -- $ 69,929 $ 3,412

Borrowed Funds

Borrowed Funds	6 Months Ended
	Jun. 30, 2018
Borrowed Funds	Note 7. Borrowed Funds The following table summarizes the Company’s borrowed funds at the dates indicated: June 30, December 31, (in thousands) 2018 2017 Wholesale Borrowings: FHLB advances $ 13,234,500 $ 12,104,500 Repurchase agreements 200,000 450,000 Total wholesale borrowings $ 13,434,500 $ 12,554,500 Junior subordinated debentures 359,339 359,179 Total borrowed funds $ 13,793,839 $ 12,913,679 The following table summarizes the Company’s repurchase agreements accounted for as secured borrowings at June 30, 2018: Remaining Contractual Maturity of the Agreements Overnight and Up to Greater than (in thousands) Continuous 30 Days 30–90 Days 90 Days GSE obligations $ -- $ -- $ -- $ 200,000 At June 30, 2018 and December 31, 2017, the Company had $359.3 million and $359.2 million, respectively, of outstanding junior subordinated deferrable interest debentures (junior subordinated debentures) held by statutory business trusts (the Trusts) that issued guaranteed capital securities. The Trusts are accounted for as unconsolidated subsidiaries, in accordance with GAAP. The proceeds of each issuance were invested in a series of junior subordinated debentures of the Company and the underlying assets of each statutory business trust are the relevant debentures. The Company has fully and unconditionally guaranteed the obligations under each trust’s capital securities to the extent set forth in a guarantee by the Company to each trust. The Trusts’ capital securities are each subject to mandatory redemption, in whole or in part, upon repayment of the debentures at their stated maturity or earlier redemption. The following junior subordinated debentures were outstanding at June 30, 2018: Interest Rate Junior of Capital Subordinated Capital Securities Debentures Securities and Amount Amount Date of First Optional Issuer Debentures Outstanding Outstanding Original Issue Stated Maturity Redemption Date (dollars in thousands) New York Community Capital Trust V (BONUSES SM 6.000 % $145,413 $139,062 Nov. 4, 2002 Nov. 1, 2051 Nov. 4, 2007 (1) New York Community Capital Trust X 3.941 123,712 120,000 Dec. 14, 2006 Dec. 15, 2036 Dec. 15, 2011 (2) PennFed Capital Trust III 5.591 30,928 30,000 June 2, 2003 June 15, 2033 June 15, 2008 (2) New York Community Capital Trust XI 3.987 59,286 57,500 April 16, 2007 June 30, 2037 June 30, 2012 (2) Total junior subordinated debentures $359,339 $346,562 (1) Callable subject to certain conditions as described in the prospectus filed with the SEC on November 4, 2002. (2) Callable from this date forward.

Pension and Other Post-Retireme

Pension and Other Post-Retirement Benefits	6 Months Ended
	Jun. 30, 2018
Pension and Other Post-Retirement Benefits	Note 8. Pension and Other Post-Retirement Benefits The following table sets forth certain disclosures for the Company’s pension and post-retirement plans for the periods indicated: For the Three Months Ended June 30, 2018 2017 Post- Post- Pension Retirement Pension Retirement (in thousands) Benefits Benefits Benefits Benefits Components of net periodic (credit) expense: (1) Interest cost $ 1,271 $ 128 $ 1,404 $ 144 Expected return on plan assets (4,035) -- (4,073) -- Amortization of prior-service costs -- (62) -- (62) Amortization of net actuarial loss 1,795 76 2,053 68 Net periodic (credit) expense $ (969) $ 142 $ (616) $ 150 (1) Amounts are included in G&A expense on the Consolidated Statements of Income and Comprehensive Income. For the Six Months Ended June 30, 2018 2017 Post- Post- Pension Retirement Pension Retirement (in thousands) Benefits Benefits Benefits Benefits Components of net periodic (credit) expense: (1) Interest cost $ 2,543 $ 256 $ 2,808 $ 288 Expected return on plan assets (8,071) -- (8,146) -- Amortization of prior-service costs -- (124) -- (124) Amortization of net actuarial loss 3,591 153 4,106 136 Net periodic (credit) expense $ (1,937) $ 285 $ (1,232) $ 300 (1) Amounts are included in G&A expense on the Consolidated Statements of Income and Comprehensive Income. The Company expects to contribute $1.3 million to its post-retirement plan to pay premiums and claims for the fiscal year ending December 31, 2018. The Company does not expect to make any contributions to its pension plan in 2018.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2018
Stock-Based Compensation	Note 9. Stock-Based Compensation At June 30, 2018, the Company had a total of 4,822,248 shares available for grants as options, restricted stock, or other forms of related rights under the New York Community Bancorp, Inc. 2012 Stock Incentive Plan, which was approved by the Company’s shareholders at its Annual Meeting on June 7, 2012. The Company granted 2,458,523 shares of restricted stock during the six months ended June 30, 2018. The shares had an average fair value of $13.59 per share on the date of grant and a vesting period of five years. The six-month The following table provides a summary of activity with regard to restricted stock awards in the six months ended June 30, 2018: Weighted Average Grant Date Number of Shares Fair Value Unvested at beginning of year 5,574,167 $15.38 Granted 2,458,523 13.59 Vested (697,482 ) 15.20 Canceled (134,420 ) 15.01 Unvested at end of period 7,200,788 14.79 As of June 30, 2018, unrecognized compensation cost relating to unvested restricted stock totaled $91.9 million. This amount will be recognized over a remaining weighted average period of 3.4 years.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2018
Fair Value Measurements	Note 10. Fair Value Measurements GAAP sets forth a definition of fair value, establishes a consistent framework for measuring fair value, and requires disclosure for each major asset and liability category measured at fair value on either a recurring or non-recurring • Level 1 – Inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. • Level 2 – Inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. • Level 3 – Inputs to the valuation methodology are significant unobservable inputs that reflect a company’s own assumptions about the assumptions that market participants use in pricing an asset or liability. A financial instrument’s categorization within this valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement. The following tables present assets and liabilities that were measured at fair value on a recurring basis as of June 30, 2018 and December 31, 2017, and that were included in the Company’s Consolidated Statements of Condition at those dates: Fair Value Measurements at June 30, 2018 Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Assets Inputs Inputs Netting Total (in thousands) (Level 1) (Level 2) (Level 3) Adjustments (1) Fair Value Assets: Mortgage-Related Debt Securities Available for Sale: GSE certificates $ -- $ 1,923,416 $ -- $ -- $ 1,923,416 GSE CMOs -- 659,772 -- -- 659,772 Total mortgage-related debt securities $ -- $ 2,583,188 $ -- $ -- $ 2,583,188 Other Debt Securities Available for Sale: U. S. Treasury securities $ 199,696 $ -- $ -- $ -- $ 199,696 GSE debentures -- 554,649 -- -- 554,649 Asset-backed securities -- 280,798 -- -- 280,798 Municipal bonds -- 67,605 -- -- 67,605 Corporate bonds -- 388,093 -- -- 388,093 Capital trust notes -- 48,854 -- -- 48,854 Total other debt securities $ 199,696 $ 1,339,999 $ -- $ -- $ 1,539,695 Total debt securities available for sale $ 199,696 $ 3,923,187 $ -- $ -- $ 4,122,883 Equity securities: Preferred stock $ 15,108 $ -- $ -- $ -- $ 15,108 Mutual funds and common stock -- 16,658 -- -- 16,658 Total equity securities $ 15,108 $ 16,658 $ -- $ -- $ 31,766 Total securities $ 214,804 $ 3,939,845 $ -- $ -- $ 4,154,649 Other Assets: Mortgage servicing rights $ -- $ -- $ 2,505 $ -- $ 2,505 Fair Value Measurements at December 31, 2017 Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Assets Inputs Inputs Netting Total (in thousands) (Level 1) (Level 2) (Level 3) Adjustments (1) Fair Value Assets: Mortgage-Related Securities Available for Sale: GSE certificates $ -- $ 2,068,842 $ -- $ -- $ 2,068,842 GSE CMOs 549,904 549,904 Total mortgage-related securities $ -- $ 2,618,746 $ -- $ -- $ 2,618,746 Other Securities Available for Sale: U. S. Treasury Obligations $ 199,898 $ -- $ -- $ -- $ 199,898 GSE debentures -- 473,258 -- -- 473,258 Municipal bonds -- 70,120 -- -- 70,120 Corporate bonds -- 90,775 -- -- 90,775 Capital trust notes -- 46,096 -- -- 46,096 Preferred stock 15,434 -- -- -- 15,434 Mutual funds and common stock -- 17,100 -- -- 17,100 Total other securities $ 215,332 $ 697,349 $ -- $ -- $ 912,681 Total securities available for sale $ 215,332 $ 3,316,095 $ -- $ -- $ 3,531,427 Other Assets: Loans held for sale $ -- $ 35,258 $ -- $ -- $ 35,258 Mortgage servicing rights -- -- 2,729 -- 2,729 (1) Includes cash collateral received from, and paid to, counterparties. (2) Includes $1.9 million to purchase Treasury options. The Company reviews and updates the fair value hierarchy classifications for its assets on a quarterly basis. Changes from one quarter to the next that are related to the observability of inputs for a fair value measurement may result in a reclassification from one hierarchy level to another. A description of the methods and significant assumptions utilized in estimating the fair values of securities follows: Where quoted prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. Level 1 securities include highly liquid government securities and exchange-traded securities. If quoted market prices are not available for a specific security, then fair values are estimated by using pricing models. These pricing models primarily use market-based or independently sourced market parameters as inputs, including, but not limited to, yield curves, interest rates, equity or debt prices, and credit spreads. In addition to observable market information, models incorporate transaction details such as maturity and cash flow assumptions. Securities valued in this manner would generally be classified within Level 2 of the valuation hierarchy, and primarily include such instruments as mortgage-related and corporate debt securities. Periodically, the Company uses fair values supplied by independent pricing services to corroborate the fair values derived from the pricing models. In addition, the Company reviews the fair values supplied by independent pricing services, as well as their underlying pricing methodologies, for reasonableness. The Company challenges pricing service valuations that appear to be unusual or unexpected. The Company carries loans held for sale at fair value. The fair value of loans held for sale is based on an exit price, representing the amount that would be received when selling an asset in an orderly transaction between market participants. Loans held for sale are classified within Level 2 of the valuation hierarchy. MSRs do not trade in an active open market with readily observable prices. The Company bases the fair value of its MSRs on the present value of estimated future net servicing income cash flows, utilizing a third-party valuation specialist. The specialist estimates future net servicing income cash flows with assumptions that market participants would use to estimate fair value, including estimates of prepayment speeds, discount rates, default rates, refinance rates, servicing costs, escrow account earnings, contractual servicing fee income, and ancillary income. The Company periodically adjusts the underlying inputs and assumptions to reflect market conditions and assumptions that a market participant would consider in valuing the MSR asset. MSR fair value measurements use significant unobservable inputs and, accordingly, are classified within Level 3. While the Company believes its valuation methods are appropriate, and consistent with those of other market participants, the use of different methodologies or assumptions to determine the fair values of certain financial instruments could result in different estimates of fair values at a reporting date. Fair Value Option Loans Held for Sale The Company had elected the fair value option for its loans held for sale. The loans held for sale at December 31, 2017 consist of one-to-four The following table reflects the difference between the fair value carrying amount of loans held for sale, for which the Company has elected the fair value option, and the unpaid principal balance: June 30, 2018 December 31, 2017 Fair Value Fair Value Fair Value Aggregate Carrying Amount Fair Value Aggregate Carrying Amount (in thousands) Carrying Unpaid Less Aggregate Carrying Unpaid Less Aggregate Loans held for sale $-- $-- $-- $35,258 $34,563 $695 Gains and Losses Included in Income for Assets Where the Fair Value Option Has Been Elected The assets accounted for under the fair value option are initially measured at fair value. Gains and losses from the initial measurement and subsequent changes in fair value are recognized in earnings. The following table presents the changes in fair value related to initial measurement, and the subsequent changes in fair value included in earnings, for MSRs for the periods indicated: (Loss) Gain Included in Income from Changes in Fair Value (1) For the Three Months For the Six Months Ended Ended June 30, June 30, (in thousands) 2018 2017 2018 2017 Mortgage servicing rights $ (70 ) $ (30,988) $ (224 ) $ (68,081) (1) Included in “Non-interest Changes in Level 3 Fair Value Measurements The following tables present, for the six months ended June 30, 2018 and 2017, a roll-forward of the balance sheet amounts (including changes in fair value) for financial instruments classified in Level 3 of the valuation hierarchy: Total Realized/Unrealized Change in Gains/(Losses) Recorded in Unrealized Gains/(Losses) Fair Value Transfers Fair Value Related to January 1, Income/ Comprehensive to/(from) at June 30, Instruments Held at (in thousands) 2018 (Loss) (Loss) Income Issuances Settlements Level 3 2018 June 30, 2018 Mortgage servicing rights $2,729 $(224) $-- $-- $-- $-- $2,505 $(224) Total Realized/Unrealized Change in Gains/(Losses) Recorded in Unrealized Gains/(Losses) Fair Value Transfers Fair Value Related to January 1, Income/ Comprehensive to/(from) at June 30, Instruments Held at (in thousands) 2017 (Loss) (Loss) Income Issuances Settlements Level 3 2017 June 30, 2017 Mortgage servicing rights $228,099 $(19,496) $-- $11,983 $-- $-- $220,586 $(10,348) Interest rate lock commitments 982 45 -- -- -- -- 1,027 1,027 The Company’s policy is to recognize transfers in and out of Levels 1, 2, and 3 as of the end of the reporting period. There were no transfers in or out of Levels 1, 2, or 3 during the six months ended June 30, 2018 or 2017. For Level 3 assets and liabilities measured at fair value on a recurring basis as of June 30, 2018, the significant unobservable inputs used in the fair value measurements were as follows: (dollars in thousands) Fair Value at Valuation Technique Significant Unobservable Inputs Significant Mortgage servicing rights $2,505 Discounted Cash Flow Weighted Average Constant Prepayment Rate (1) 10.66 % Weighted Average Discount Rate 12.00 (1) Represents annualized loan repayment rate assumptions. The significant unobservable inputs used in the fair value measurement of the Company’s MSRs are the weighted average constant prepayment rate and the weighted average discount rate. Significant increases or decreases in either of those inputs in isolation could result in significantly lower or higher fair value measurements. Although the constant prepayment rate and the discount rate are not directly interrelated, they generally move in opposite directions. Assets Measured at Fair Value on a Non-Recurring Certain assets are measured at fair value on a non-recurring non-recurring Fair Value Measurements at June 30, 2018 Using Quoted Prices in Active Markets for Significant Other Significant Identical Assets Observable Inputs Unobservable Inputs Total Fair (in thousands) (Level 1) (Level 2) (Level 3) Value Certain impaired loans (1) $ -- $ -- $ 42,738 $ 42,738 Other assets -- -- -- -- Total $ -- $ -- $ 42,738 $ 42,738 (1) Represents the fair value of impaired loans based on the value of the collateral and repossessed assets, based on the appraised value of the collateral subsequent to its initial classification as repossessed assets. Fair Value Measurements at December 31, 2017 Using Quoted Prices in Active Markets for Significant Other Significant Identical Assets Observable Inputs Unobservable Inputs Total Fair (in thousands) (Level 1) (Level 2) (Level 3) Value Certain impaired loans (1) $ -- $ -- $ 45,837 $ 45,837 Other assets (2) -- -- 4,357 4,357 Total $ -- $ -- $ 50,194 $ 50,194 (1) Represents the fair value of impaired loans, based on the value of the collateral. (2) Represents the fair value of repossessed assets, based on the appraised value of the collateral subsequent to its initial classification as repossessed assets. The fair values of collateral-dependent impaired loans are determined using various valuation techniques, including consideration of appraised values and other pertinent real estate and other market data. Other Fair Value Disclosures For the disclosure of fair value information about the Company’s on- off-balance Because assumptions are inherently subjective in nature, estimated fair values cannot be substantiated by comparison to independent market quotes. Furthermore, in many cases, the estimated fair values provided would not necessarily be realized in an immediate sale or settlement of such instruments. The following tables summarize the carrying values, estimated fair values, and fair value measurement levels of financial instruments that were not carried at fair value on the Company’s Consolidated Statements of Condition at June 30, 2018 and December 31, 2017: June 30, 2018 Fair Value Measurement Using Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Carrying Estimated Assets Inputs Inputs (in thousands) Value Fair Value (Level 1) (Level 2) (Level 3) Financial Assets: Cash and cash equivalents $ 2,204,397 $ 2,204,397 $ 2,204,397 $ -- $ -- FHLB stock (1) 653,075 653,075 -- 653,075 -- Loans, net 39,287,173 38,834,022 -- -- 38,834,022 Financial Liabilities: Deposits $ 29,555,845 $ 29,503,131 $ 19,249,326 (2) $ 10,253,805 (3) $ -- Borrowed funds 13,793,839 13,649,155 -- 13,649,155 -- (1) Carrying value and estimated fair value are at cost. (2) Interest-bearing checking and money market accounts, savings accounts, and non-interest-bearing (3) Certificates of deposit. December 31, 2017 Fair Value Measurement Using Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Carrying Estimated Assets Inputs Inputs (in thousands) Value Fair Value (Level 1) (Level 2) (Level 3) Financial Assets: Cash and cash equivalents $ 2,528,169 $ 2,528,169 $ 2,528,169 $ -- $ -- FHLB stock (1) 603,819 603,819 -- 603,819 -- Loans, net 38,265,183 38,254,538 -- -- 38,254,538 Financial Liabilities: Deposits $ 29,102,163 $ 29,044,852 $ 20,458,517 (2) $ 8,586,335 (3) $ -- Borrowed funds 12,913,679 12,780,653 -- 12,780,653 -- (1) Carrying value and estimated fair value are at cost. (2) Interest-bearing checking and money market accounts, savings accounts, and non-interest-bearing (3) Certificates of deposit. The methods and significant assumptions used to estimate fair values for the Company’s financial instruments follow: Cash and Cash Equivalents Cash and cash equivalents include cash and due from banks and federal funds sold. The estimated fair values of cash and cash equivalents are assumed to equal their carrying values, as these financial instruments are either due on demand or have short-term maturities. Securities If quoted market prices are not available for a specific security, then fair values are estimated by using pricing models, quoted prices of securities with similar characteristics, or discounted cash flows. These pricing models primarily use market-based or independently sourced market parameters as inputs, including, but not limited to, yield curves, interest rates, equity or debt prices, and credit spreads. In addition to observable market information, pricing models also incorporate transaction details such as maturities and cash flow assumptions. Federal Home Loan Bank Stock Ownership in equity securities of the FHLB is generally restricted and there is no established liquid market for their resale. The carrying amount approximates the fair value. Loans The Company discloses the fair value of loans measured at amortized cost using an exit price notion. Prior to adopting ASU No. 2016-01, non-performing Deposits The fair values of deposit liabilities with no stated maturity (i.e., interest-bearing checking and money market accounts, savings accounts, and non-interest-bearing Borrowed Funds The estimated fair value of borrowed funds is based either on bid quotations received from securities dealers or the discounted value of contractual cash flows with interest rates currently in effect for borrowed funds with similar maturities and structures. Off-Balance The fair values of commitments to extend credit and unadvanced lines of credit are estimated based on an analysis of the interest rates and fees currently charged to enter into similar transactions, considering the remaining terms of the commitments and the creditworthiness of the potential borrowers. The estimated fair values of such off-balance

Impact of Recent Accounting Pro

Impact of Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2018
Impact of Recent Accounting Pronouncements	Note 11. Impact of Recent Accounting Pronouncements Recently Adopted Accounting Standards The Company early adopted ASU No. 2018-02, No. 2018-02 No. 2018-02 The Company early adopted ASU No. 2017-12, No. 2017-12 No. 2017-12 The Company adopted ASU No. 2017-09, No. 2017-09 No. 2017-09 The Company adopted ASU No. 2017-07, No. 2017-07 No. 2017-07 The Company adopted ASU No. 2016-18, No. 2016-18 beginning-of-period end-of-period No. 2016-18 The Company adopted ASU No. 2016-15, No. 2016-15 zero-coupon No. 2016-15 The Company adopted ASU No. 2016-01, 825-10): No. 2016-01 available-for-sale No. 2016-01 in-scope No. 2016-01. The Company adopted ASU No. 2014-09, Recently Issued Accounting Standards In March 2017, the FASB issued ASU No. 2017-08, 310-20): No. 2017-08 non-contingently No. 2017-08 No. 2017-08 No. 2017-08 In January 2017, the FASB issued ASU No. 2017-04, No. 2017-04 No. 2017-04 No. 2017-04 No. 2017-04 In June 2016, the FASB issued ASU No. 2016-13, No. 2016-13 available-for-sale No. 2016-13 No. 2016-13 available-for-sale No. 2016-13 off-balance No. 2016-13 An entity will apply the amendments in ASU No. 2016-13 No. 2016-13. 310-30, No. 2016-13 No. 2016-13. 310-30 The Company is evaluating ASU No. 2016-13 No. 2016-13 In February 2016, the FASB issued ASU No. 2016-02, No. 2016-02 right-of-use non-lease No. 2016-02.

Organization and Basis of Pre20

Organization and Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2018
Basis of Presentation	Basis of Presentation The following is a description of the significant accounting and reporting policies that the Company and its subsidiaries follow in preparing and presenting their consolidated financial statements, which conform to GAAP and to general practices within the banking industry. The preparation of financial statements in conformity with GAAP requires the Company to make estimates and judgments that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Estimates that are particularly susceptible to change in the near term are used in connection with the determination of the allowances for loan losses and the evaluation of goodwill for impairment. The accompanying consolidated financial statements include the accounts of the Company and other entities in which the Company has a controlling financial interest. All inter-company accounts and transactions are eliminated in consolidation. The Company currently has certain unconsolidated subsidiaries in the form of wholly-owned statutory business trusts, which were formed to issue guaranteed capital securities. See Note 7, Borrowed Funds, for additional information regarding these trusts.
Recently Adopted and Issued Accounting Standards	Recently Adopted Accounting Standards The Company early adopted ASU No. 2018-02, No. 2018-02 No. 2018-02 The Company early adopted ASU No. 2017-12, No. 2017-12 No. 2017-12 The Company adopted ASU No. 2017-09, No. 2017-09 No. 2017-09 The Company adopted ASU No. 2017-07, No. 2017-07 No. 2017-07 The Company adopted ASU No. 2016-18, No. 2016-18 beginning-of-period end-of-period No. 2016-18 The Company adopted ASU No. 2016-15, No. 2016-15 zero-coupon No. 2016-15 The Company adopted ASU No. 2016-01, 825-10): No. 2016-01 available-for-sale No. 2016-01 in-scope No. 2016-01. The Company adopted ASU No. 2014-09, Recently Issued Accounting Standards In March 2017, the FASB issued ASU No. 2017-08, 310-20): No. 2017-08 non-contingently No. 2017-08 No. 2017-08 No. 2017-08 In January 2017, the FASB issued ASU No. 2017-04, No. 2017-04 No. 2017-04 No. 2017-04 No. 2017-04 In June 2016, the FASB issued ASU No. 2016-13, No. 2016-13 available-for-sale No. 2016-13 No. 2016-13 available-for-sale No. 2016-13 off-balance No. 2016-13 An entity will apply the amendments in ASU No. 2016-13 No. 2016-13. 310-30, No. 2016-13 No. 2016-13. 310-30 The Company is evaluating ASU No. 2016-13 No. 2016-13 In February 2016, the FASB issued ASU No. 2016-02, No. 2016-02 right-of-use non-lease No. 2016-02.

Computation of Earnings per C21

Computation of Earnings per Common Share (Tables)	6 Months Ended
	Jun. 30, 2018
Computation of Basic and Diluted EPS	The following table presents the Company’s computation of basic and diluted EPS for the periods indicated: Three Months Ended Six Months Ended June 30, June 30, (in thousands, except share and per share amounts) 2018 2017 2018 2017 Net income available to common shareholders $99,147 $107,048 $197,492 $211,005 Less: Dividends paid on and earnings allocated to participating securities (1,267 ) (873 ) (2,524 ) (1,693 ) Earnings applicable to common stock $97,880 $106,175 $194,968 $209,312 Weighted average common shares outstanding 488,530,527 487,282,404 488,336,395 486,899,209 Basic earnings per common share $0.20 $0.22 $0.40 $0.43 Earnings applicable to common stock $97,880 $106,175 $194,968 $209,312 Weighted average common shares outstanding 488,530,527 487,282,404 488,336,395 486,899,209 Potential dilutive common shares -- -- -- -- Total shares for diluted earnings per share computation 488,530,527 487,282,404 488,336,395 486,899,209 Diluted earnings per common share and common share equivalents $0.20 $0.22 $0.40 $0.43

Reclassifications Out of Accu22

Reclassifications Out of Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Jun. 30, 2018
Reclassifications Out of Accumulated Other Comprehensive Loss	(in thousands) For the Six Months Ended June 30, 2018 Details about Accumulated Other Comprehensive Loss Amount Reclassified (1 ) Affected Line Item in the Consolidated Statement of Operations Unrealized gains (losses) on debt securities available-for-sale $ -- Net (loss) gain on securities -- Income tax expense $ -- Total net (loss) gain on securities Amortization of defined benefit pension plan items: Past service liability $ 124 Included in the computation of net periodic (credit) expense (2) Actuarial losses (3,744) Included in the computation of net periodic (credit) expense (2) (3,620) Total before tax 1,065 Tax benefit $(2,555) Amortization of defined benefit pension plan items, net of tax Total reclassifications for the period $(2,555) (1) Amounts in parentheses indicate expense items. (2) See Note 8, “Pension and Other Post-Retirement Benefits,” for additional information.

Securities (Tables)

Securities (Tables)	6 Months Ended
	Jun. 30, 2018
Summary of Portfolio of Securities Available for Sale and Equity Investments with Readily Determinable Fair Values	The following tables summarize the Company’s portfolio of debt securities available for sale and equity investments with readily determinable fair values at June 30, 2018 and December 31, 2017: June 30, 2018 Gross Gross Amortized Unrealized Unrealized (in thousands) Cost Gain Loss Fair Value Debt securities available-for-sale Mortgage-Related Debt Securities: GSE certificates $ 1,936,949 $ 11,307 $ 24,840 $ 1,923,416 GSE CMOs 658,435 5,755 4,418 659,772 Total mortgage-related debt securities $ 2,595,384 $ 17,062 $ 29,258 $ 2,583,188 Other Debt Securities: U. S. Treasury securities $ 199,839 $ -- $ 143 $ 199,696 GSE debentures 562,866 929 9,146 554,649 Asset-backed securities (1) 280,755 201 158 280,798 Municipal bonds 69,546 178 2,119 67,605 Corporate bonds 379,069 9,922 898 388,093 Capital trust notes 48,252 6,478 5,876 48,854 Total other debt securities $ 1,540,327 $ 17,708 $ 18,340 $ 1,539,695 Total debt securities available for sale (2) $ 4,135,711 $ 34,770 $ 47,598 $ 4,122,883 Equity securities: Preferred stock $ 15,292 $ -- $ 184 $ 15,108 Mutual funds and common stock (3) 16,874 346 562 16,658 Total equity securities $ 32,166 $ 346 $ 746 $ 31,766 Total securities $ 4,167,877 $ 35,116 $ 48,344 $ 4,154,649 (1) The underlying assets of the asset-backed securities are substantially guaranteed by the U.S. Government. (2) The amortized cost includes the non-credit non-credit (3) Primarily consists of mutual funds that are CRA-qualified December 31, 2017 Gross Gross Amortized Unrealized Unrealized (in thousands) Cost Gain Loss Fair Value Mortgage-Related Securities: GSE certificates $ 2,023,677 $ 46,364 $ 1,199 $ 2,068,842 GSE CMOs 536,284 14,446 826 549,904 Total mortgage-related securities $ 2,559,961 $ 60,810 $ 2,025 $ 2,618,746 Other Securities: U. S. Treasury obligations $ 199,960 $ -- $ 62 $ 199,898 GSE debentures 473,879 2,044 2,665 473,258 Municipal bonds 70,381 540 801 70,120 Corporate bonds 79,702 11,073 -- 90,775 Capital trust notes 48,230 6,498 8,632 46,096 Preferred stock 15,292 142 -- 15,434 Mutual funds and common stock (1) 16,874 487 261 17,100 Total other securities $ 904,318 $ 20,784 $ 12,421 $ 912,681 Total securities available for sale (2) $ 3,464,279 $ 81,594 $ 14,446 $ 3,531,427 (1) Primarily consists of mutual funds that are CRA-qualified (2) The amortized cost includes the non-credit non-credit
Summary of Gross Proceeds and Gross Realized Gains from Sale of Available-for-Sale Securities	The following table summarizes the gross proceeds and gross realized gains from the sale of available-for-sale For the Six Months Ended June 30, (in thousands) 2018 2017 Gross proceeds $ -- $139,009 Gross realized gains -- 1,986
Credit Loss Component of Other Than Temporary Impairment on Debt Securities	For the Six Months Ended (in thousands) June 30, 2018 Beginning credit loss amount as of December 31, 2017 $196,333 Add: Initial other-than-temporary credit losses -- Subsequent other-than-temporary credit losses -- Amount previously recognized in AOCL -- Less: Realized losses for securities sold -- Securities intended or required to be sold -- Increase in cash flows on debt securities 30 Ending credit loss amount as of June 30, 2018 $196,303
Summary of Amortized Cost of Securities by Contractual Maturity	The following table summarizes, by contractual maturity, the amortized cost of securities at June 30, 2018: Mortgage- Average U.S. Average State, County, Average (1) Other Debt (2) Average Fair Value (dollars in thousands) Available-for-Sale (3) Due within one year $ -- -- % $ 199,839 1.70 % $ 149 6.51 % $ -- -- % $ 199,846 Due from one to five years 1,219,407 3.34 6,950 3.84 293 6.63 48,648 3.86 1,283,154 Due from five to ten years 557,628 3.39 471,325 3.11 -- -- 330,421 3.98 1,359,372 Due after ten years 818,349 2.94 84,591 3.09 69,104 2.88 329,007 3.24 1,280,511 Total debt securities available for sale $ 2,595,384 3.22 % $ 762,705 2.74 % $ 69,546 2.90 % $ 708,076 3.63 % $ 4,122,883 (1) Not presented on a tax-equivalent (2) Includes corporate bonds, capital trust notes, and asset-backed securities. (3) As equity securities have no contractual maturity, they have been excluded from this table.
Summary of Held-to-Maturity and Available-for-Sale Securities having Continuous Unrealized Loss Position	The following table presents securities having a continuous unrealized loss position for less than twelve months and for twelve months or longer as of June 30, 2018: Less than Twelve Months Twelve Months or Longer Total (in thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Temporarily Impaired Securities: U. S. Treasury securities $ 199,695 $ 143 $ -- $ -- $ 199,695 $ 143 U. S. Government agency and GSE obligations 524,847 9,146 -- -- 524,847 9,146 GSE certificates 959,158 23,556 19,434 1,284 978,592 24,840 GSE CMOs 329,114 4,418 -- -- 329,114 4,418 Asset-backed securities 112,408 158 -- -- 112,408 158 Municipal bonds -- -- 50,087 2,119 50,087 2,119 Corporate bonds 293,218 898 -- -- 293,218 898 Capital trust notes -- -- 37,883 5,876 37,883 5,876 Equity securities 19,089 211 11,271 535 30,360 746 Total temporarily impaired securities $ 2,437,529 $ 38,530 $ 118,675 $ 9,814 $ 2,556,204 $ 48,344 The following table presents securities having a continuous unrealized loss position for less than twelve months and for twelve months or longer as of December 31, 2017: Less than Twelve Months Twelve Months or Longer Total (in thousands) Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss Temporarily Impaired Available-for-Sale GSE certificates $ 232,546 $ 535 $ 20,440 $ 664 $ 252,986 $ 1,199 GSE debentures 333,045 2,665 -- -- 333,045 2,665 GSE CMOs 118,694 826 -- -- 118,694 826 U. S. Treasury obligations 199,898 62 -- -- 199,898 62 Municipal bonds 11,169 259 41,054 542 52,223 801 Capital trust notes -- -- 35,105 8,632 35,105 8,632 Equity securities -- -- 11,545 261 11,545 261 Total temporarily impaired available-for-sale $ 895,352 $ 4,347 $ 108,144 $ 10,099 $ 1,003,496 $ 14,446

Loans (Tables)

Loans (Tables)	6 Months Ended
	Jun. 30, 2018
Composition of Loan Portfolio	The following table sets forth the composition of the loan portfolio at the dates indicated: June 30, 2018 December 31, 2017 (dollars in thousands) Amount Percent of Amount Percent of Loans Held for Investment: Mortgage Loans: Multi-family $ 29,211,541 74.10% $ 28,074,709 73.19% Commercial real estate 7,153,868 18.15 7,322,226 19.09 One-to-four 449,419 1.14 477,228 1.24 Acquisition, development, and construction 424,827 1.08 435,825 1.14 Total mortgage loans held for investment $ 37,239,655 94.47 $ 36,309,988 94.66 Other Loans: Commercial and industrial 1,535,618 3.90 1,377,964 3.59 Lease financing, net of unearned income of $59,088 and $65,041, respectively 634,821 1.61 662,610 1.73 Total commercial and industrial loans (1) 2,170,439 5.51 2,040,574 5.32 Other 8,663 0.02 8,460 0.02 Total other loans held for investment 2,179,102 5.53 2,049,034 5.34 Total loans held for investment $ 39,418,757 100.00% $ 38,359,022 100.00% Net deferred loan origination costs 29,068 28,949 Allowance for losses on non-covered (160,652 ) (158,046 ) Loans held for investment, net $ 39,287,173 $ 38,229,925 Loans held for sale -- 35,258 Total loans, net $ 39,287,173 $ 38,265,183 (1) Includes specialty finance loans and leases of $1.7 billion at June 30, 2018 and December 31, 2017, and other C&I loans of $491.7 million and $500.8 million, respectively, at June 30, 2018 and December 31, 2017.
Quality of Loans	The following table presents information regarding the quality of the Company’s loans held for investment at June 30, 2018: (in thousands) Loans 30-89 Days Non- Loans Total Current Total Loans Multi-family $ 5 $ 5,408 $ -- $ 5,413 $ 29,206,128 $ 29,211,541 Commercial real estate -- 4,917 -- 4,917 7,148,951 7,153,868 One-to-four 214 1,669 -- 1,883 447,536 449,419 Acquisition, development, and construction -- -- -- -- 424,827 424,827 Commercial and industrial (1) (2 ) 1,994 44,483 -- 46,477 2,123,962 2,170,439 Other 4,065 4 -- 4,069 4,594 8,663 Total $ 6,278 $ 56,481 $ -- $ 62,759 $ 39,355,998 $ 39,418,757 (1) Includes $2.0 million and $43.5 million of taxi medallion-related loans that were 30 to 89 days past due and 90 days or more past due, respectively. (2) Includes lease financing receivables, all of which were current. The following table presents information regarding the quality of the Company’s loans held for investment at December 31, 2017: Loans 90 Days or More Loans Non- Delinquent and Total 30-89 Days Accrual Still Accruing Past Due Current Total Loans (in thousands) Past Due Loans Interest Loans Loans Receivable Multi-family $ 1,258 $ 11,078 $ -- $ 12,336 $ 28,062,373 $ 28,074,709 Commercial real estate 13,227 6,659 -- 19,886 7,302,340 7,322,226 One-to-four 585 1,966 -- 2,551 474,677 477,228 Acquisition, development, and construction -- 6,200 -- 6,200 429,625 435,825 Commercial and industrial (1) (2 ) 2,711 47,768 -- 50,479 1,990,095 2,040,574 Other 8 11 -- 19 8,441 8,460 Total $ 17,789 $ 73,682 $ -- $ 91,471 $ 38,267,551 $ 38,359,022 (1) Includes $2.7 million and $46.7 million of taxi medallion-related loans that were 30 to 89 days past due and 90 days or more past due, respectively. (2) Includes lease financing receivables, all of which were current.
Loan Portfolio by Credit Quality Indicator	The following table summarizes the Company’s portfolio of loans held for investment by credit quality indicator at June 30, 2018: Mortgage Loans Other Loans Acquisition, One-to- Development, Total Commercial Multi- Commercial Four and Mortgage and Total Other (in thousands) Family Real Estate Family Construction Loans Industrial (1) Other Loans Credit Quality Indicator: Pass $ 29,019,539 $ 7,101,257 $ 444,093 $ 341,154 $ 36,906,043 $ 2,080,569 $ 8,659 $ 2,089,228 Special mention 172,517 46,973 3,657 74,121 297,268 16,302 -- 16,302 Substandard 19,485 5,638 1,669 9,552 36,344 73,568 4 73,572 Doubtful -- -- -- -- -- -- -- -- Total $ 29,211,541 $ 7,153,868 $ 449,419 $ 424,827 $ 37,239,655 $ 2,170,439 $ 8,663 $ 2,179,102 (1) Includes lease financing receivables, all of which were classified as Pass. The following table summarizes the Company’s portfolio of loans held for investment by credit quality indicator at December 31, 2017: Mortgage Loans Other Loans Acquisition, One-to- Development, Total Commercial Multi- Commercial Four and Mortgage and Total Other (in thousands) Family Real Estate Family Construction Loans Industrial (1) Other Loans Credit Quality Indicator: Pass $ 27,874,330 $ 7,255,100 $ 471,571 $ 344,040 $ 35,945,041 $ 1,925,527 $ 8,449 $ 1,933,976 Special mention 125,752 47,123 3,691 76,033 252,599 20,883 -- 20,883 Substandard 74,627 20,003 1,966 15,752 112,348 94,164 11 94,175 Doubtful -- -- -- -- -- -- -- -- Total $ 28,074,709 $ 7,322,226 $ 477,228 $ 435,825 $ 36,309,988 $ 2,040,574 $ 8,460 $ 2,049,034 (1) Includes lease financing receivables, all of which were classified as Pass.
Information Regarding Troubled Debt Restructurings	The following table presents information regarding the Company’s TDRs as of June 30, 2018 and December 31, 2017: June 30, 2018 December 31, 2017 (in thousands) Accruing Non-Accrual Total Accruing Non-Accrual Total Loan Category: Multi-family $ 816 $ 5,174 $ 5,990 $ 824 $ 8,061 $ 8,885 Commercial real estate -- 356 356 -- 368 368 One-to-four -- 1,043 1,043 -- 1,066 1,066 Acquisition, development, and construction 9,552 -- 9,552 8,652 -- 8,652 Commercial and industrial -- 24,759 24,759 177 26,408 26,585 Total $ 10,368 $ 31,332 $ 41,700 $ 9,653 $ 35,903 $ 45,556
Financial Effects of Troubled Debt Restructurings	The financial effects of the Company’s TDRs for the three months ended June 30, 2018 and 2017 are summarized as follows: For the Three Months Ended June 30, 2018 Weighted Average Interest Rate Pre-Modification Post-Modification Number Recorded Recorded Pre- Post- Charge-off Capitalized (dollars in thousands) of Loans Investment Investment Modification Modification Amount Interest Loan Category: Commercial and industrial 6 $ 2,613 $ 1,420 3.27 % 3.05 % $ 1,158 $ -- For the Three Months Ended June 30, 2017 Weighted Average Interest Rate Pre-Modification Post-Modification Number Recorded Recorded Pre- Post- Charge-off Capitalized (dollars in thousands) of Loans Investment Investment Modification Modification Amount Interest Loan Category: One-to-four 3 $ 544 $ 657 5.90 % 2.00 % $ -- $ 7 Commercial and industrial 13 22,752 18,722 3.49 3.45 825 -- Total 16 $ 23,296 $ 19,379 $ 825 $ 7 The financial effects of the Company’s TDRs for the six months ended June 30, 2018 and 2017 are summarized as follows: For the Six Months Ended June 30, 2018 Weighted Average Interest Rate Pre-Modification Post-Modification Number Recorded Recorded Pre- Post- Charge-off Capitalized (dollars in thousands) of Loans Investment Investment Modification Modification Amount Interest Loan Category: Acquisition, development, and construction 1 $ 900 $ 900 4.50 % 4.50 % $ -- $ -- Commercial and industrial 12 5,780 3,174 3.27 3.14 2,476 -- Total 13 $ 6,680 $ 4,074 $ 2,476 $ -- For the Six Months Ended June 30, 2017 Weighted Average Interest Rate Pre-Modification Post-Modification Number Recorded Recorded Pre- Post- Charge-off Capitalized (dollars in thousands) of Loans Investment Investment Modification Modification Amount Interest Loan Category: Multi-family 4 $ 809 $ 994 5.93 % 2.21 % $ -- $ 12 Commercial and industrial 30 30,714 23,151 3.45 3.45 4,104 -- Total 34 $ 31,523 $ 24,145 $ 4,104 $ 12

Allowance for Loan Losses (Tabl

Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2018
Activity in Allowance for Loan Losses	The following tables provide additional information regarding the Company’s allowance for loan losses based upon the method of evaluating loan impairment: (in thousands) Mortgage Other Total Allowances for Loan Losses at June 30, 2018: Loans individually evaluated for impairment $ -- $ 39 $ 39 Loans collectively evaluated for impairment 129,697 30,916 160,613 Total $ 129,697 $ 30,955 $ 160,652 (in thousands) Mortgage Other Total Allowances for Loan Losses at December 31, 2017: Loans collectively evaluated for impairment $ 128,275 $ 29,771 $ 158,046
Additional Information Regarding Methods Used to Evaluate Loan Portfolio for Impairment	The following tables provide additional information regarding the methods used to evaluate the Company’s loan portfolio for impairment: (in thousands) Mortgage Other Total Loans Receivable at June 30, 2018: Loans individually evaluated for impairment $ 20,886 $ 45,348 $ 66,234 Loans collectively evaluated for impairment 37,218,769 2,133,754 39,352,523 Total $ 37,239,655 $ 2,179,102 $ 39,418,757 (in thousands) Mortgage Other Total Loans Receivable at December 31, 2017: Loans individually evaluated for impairment $ 31,747 $ 48,810 $ 80,557 Loans collectively evaluated for impairment 36,278,241 2,000,224 38,278,465 Total $ 36,309,988 $ 2,049,034 $ 38,359,022
Additional Information Regarding Impaired Loans	The following table presents additional information about the Company’s impaired loans at June 30, 2018: Unpaid Average Interest Recorded Principal Related Recorded Income (in thousands) Investment Balance Allowance Investment Recognized Impaired loans with no related allowance: Multi-family $ 5,990 $ 8,778 $ -- $ 7,771 $ 227 Commercial real estate 3,675 8,790 -- 3,811 29 One-to-four 1,669 1,722 -- 1,861 24 Acquisition, development, and construction 9,552 10,452 -- 11,619 287 Other 45,309 106,995 -- 46,962 1,504 Total impaired loans with no related allowance $ 66,195 $ 136,737 $ -- $ 72,024 $ 2,071 Impaired loans with an allowance recorded: Multi-family $ -- $ -- $ -- $ -- $ -- Commercial real estate -- -- -- -- -- One-to-four -- -- -- -- -- Acquisition, development, and construction -- -- -- -- -- Other 39 39 39 26 4 Total impaired loans with an allowance recorded $ 39 $ 39 $ 39 $ 26 $ 4 Total impaired loans: Multi-family $ 5,990 $ 8,778 $ -- $ 7,771 $ 227 Commercial real estate 3,675 8,790 -- 3,811 29 One-to-four 1,669 1,722 -- 1,861 24 Acquisition, development, and construction 9,552 10,452 -- 11,619 287 Other 45,348 107,034 39 46,988 1,508 Total impaired loans $ 66,234 $ 136,776 $ 39 $ 72,050 $ 2,075 The following table presents additional information about the Company’s impaired loans at December 31, 2017: Unpaid Average Interest Recorded Principal Related Recorded Income (in thousands) Investment Balance Allowance Investment Recognized Impaired loans with no related allowance: Multi-family $ 8,892 $ 11,470 $ -- $ 9,554 $ 495 Commercial real estate 5,137 10,252 -- 3,522 92 One-to-four 1,966 2,072 -- 2,489 50 Acquisition, development, and construction 15,752 25,952 -- 10,976 575 Other 48,810 104,901 -- 43,074 2,200 Total impaired loans with no related allowance $ 80,557 $ 154,647 $ -- $ 69,615 $ 3,412 Impaired loans with an allowance recorded: Multi-family $ -- $ -- $ -- $ -- $ -- Commercial real estate -- -- -- -- -- One-to-four -- -- -- -- -- Acquisition, development, and construction -- -- -- -- -- Other -- -- -- 314 -- Total impaired loans with an allowance recorded $ -- $ -- $ -- $ 314 $ -- Total impaired loans: Multi-family $ 8,892 $ 11,470 $ -- $ 9,554 $ 495 Commercial real estate 5,137 10,252 -- 3,522 92 One-to-four 1,966 2,072 -- 2,489 50 Acquisition, development, and construction 15,752 25,952 -- 10,976 575 Other 48,810 104,901 -- 43,388 2,200 Total impaired loans $ 80,557 $ 154,647 $ -- $ 69,929 $ 3,412
Non-Covered Loans
Activity in Allowance for Loan Losses	The following table summarizes activity in the allowance for loan losses for the periods indicated: For the Six Months Ended June 30, 2018 2017 (1) (in thousands) Mortgage Other Total Mortgage Other Total Balance, beginning of period $ 128,275 $ 29,771 $ 158,046 $ 125,416 $ 32,874 $ 158,290 Charge-offs (5,444 ) (7,404 ) (12,848 ) (90 ) (17,646 ) (17,736 ) Recoveries 229 940 1,169 180 517 697 Provision for (recovery of) non-covered 6,637 7,648 14,285 (3,785 ) 17,217 13,432 Balance, end of period $ 129,697 $ 30,955 $ 160,652 $ 121,721 $ 32,962 $ 154,683 (1) Represents allowance for losses on non-covered

Borrowed Funds (Tables)

Borrowed Funds (Tables)	6 Months Ended
	Jun. 30, 2018
Summary of Borrowed Funds	The following table summarizes the Company’s borrowed funds at the dates indicated: June 30, December 31, (in thousands) 2018 2017 Wholesale Borrowings: FHLB advances $ 13,234,500 $ 12,104,500 Repurchase agreements 200,000 450,000 Total wholesale borrowings $ 13,434,500 $ 12,554,500 Junior subordinated debentures 359,339 359,179 Total borrowed funds $ 13,793,839 $ 12,913,679
Summary of Repurchase Agreements Accounted for Secured Borrowings	The following table summarizes the Company’s repurchase agreements accounted for as secured borrowings at June 30, 2018: Remaining Contractual Maturity of the Agreements Overnight and Up to Greater than (in thousands) Continuous 30 Days 30–90 Days 90 Days GSE obligations $ -- $ -- $ -- $ 200,000
Junior Subordinated Debentures Outstanding	The following junior subordinated debentures were outstanding at June 30, 2018: Interest Rate Junior of Capital Subordinated Capital Securities Debentures Securities and Amount Amount Date of First Optional Issuer Debentures Outstanding Outstanding Original Issue Stated Maturity Redemption Date (dollars in thousands) New York Community Capital Trust V (BONUSES SM 6.000 % $145,413 $139,062 Nov. 4, 2002 Nov. 1, 2051 Nov. 4, 2007 (1) New York Community Capital Trust X 3.941 123,712 120,000 Dec. 14, 2006 Dec. 15, 2036 Dec. 15, 2011 (2) PennFed Capital Trust III 5.591 30,928 30,000 June 2, 2003 June 15, 2033 June 15, 2008 (2) New York Community Capital Trust XI 3.987 59,286 57,500 April 16, 2007 June 30, 2037 June 30, 2012 (2) Total junior subordinated debentures $359,339 $346,562 (1) Callable subject to certain conditions as described in the prospectus filed with the SEC on November 4, 2002. (2) Callable from this date forward.

Pension and Other Post-Retire27

Pension and Other Post-Retirement Benefits (Tables)	6 Months Ended
	Jun. 30, 2018
Pension and Post-Retirement Plans	The following table sets forth certain disclosures for the Company’s pension and post-retirement plans for the periods indicated: For the Three Months Ended June 30, 2018 2017 Post- Post- Pension Retirement Pension Retirement (in thousands) Benefits Benefits Benefits Benefits Components of net periodic (credit) expense: (1) Interest cost $ 1,271 $ 128 $ 1,404 $ 144 Expected return on plan assets (4,035) -- (4,073) -- Amortization of prior-service costs -- (62) -- (62) Amortization of net actuarial loss 1,795 76 2,053 68 Net periodic (credit) expense $ (969) $ 142 $ (616) $ 150 (1) Amounts are included in G&A expense on the Consolidated Statements of Income and Comprehensive Income. For the Six Months Ended June 30, 2018 2017 Post- Post- Pension Retirement Pension Retirement (in thousands) Benefits Benefits Benefits Benefits Components of net periodic (credit) expense: (1) Interest cost $ 2,543 $ 256 $ 2,808 $ 288 Expected return on plan assets (8,071) -- (8,146) -- Amortization of prior-service costs -- (124) -- (124) Amortization of net actuarial loss 3,591 153 4,106 136 Net periodic (credit) expense $ (1,937) $ 285 $ (1,232) $ 300 (1) Amounts are included in G&A expense on the Consolidated Statements of Income and Comprehensive Income.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2018
Summary of Activity for Restricted Stock Awards	The following table provides a summary of activity with regard to restricted stock awards in the six months ended June 30, 2018: Weighted Average Grant Date Number of Shares Fair Value Unvested at beginning of year 5,574,167 $15.38 Granted 2,458,523 13.59 Vested (697,482 ) 15.20 Canceled (134,420 ) 15.01 Unvested at end of period 7,200,788 14.79

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2018
Assets and Liabilities Measured at Fair Value on Recurring Basis	The following tables present assets and liabilities that were measured at fair value on a recurring basis as of June 30, 2018 and December 31, 2017, and that were included in the Company’s Consolidated Statements of Condition at those dates: Fair Value Measurements at June 30, 2018 Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Assets Inputs Inputs Netting Total (in thousands) (Level 1) (Level 2) (Level 3) Adjustments (1) Fair Value Assets: Mortgage-Related Debt Securities Available for Sale: GSE certificates $ -- $ 1,923,416 $ -- $ -- $ 1,923,416 GSE CMOs -- 659,772 -- -- 659,772 Total mortgage-related debt securities $ -- $ 2,583,188 $ -- $ -- $ 2,583,188 Other Debt Securities Available for Sale: U. S. Treasury securities $ 199,696 $ -- $ -- $ -- $ 199,696 GSE debentures -- 554,649 -- -- 554,649 Asset-backed securities -- 280,798 -- -- 280,798 Municipal bonds -- 67,605 -- -- 67,605 Corporate bonds -- 388,093 -- -- 388,093 Capital trust notes -- 48,854 -- -- 48,854 Total other debt securities $ 199,696 $ 1,339,999 $ -- $ -- $ 1,539,695 Total debt securities available for sale $ 199,696 $ 3,923,187 $ -- $ -- $ 4,122,883 Equity securities: Preferred stock $ 15,108 $ -- $ -- $ -- $ 15,108 Mutual funds and common stock -- 16,658 -- -- 16,658 Total equity securities $ 15,108 $ 16,658 $ -- $ -- $ 31,766 Total securities $ 214,804 $ 3,939,845 $ -- $ -- $ 4,154,649 Other Assets: Mortgage servicing rights $ -- $ -- $ 2,505 $ -- $ 2,505 Fair Value Measurements at December 31, 2017 Quoted Prices in Active Significant Markets for Other Significant Identical Observable Unobservable Assets Inputs Inputs Netting Total (in thousands) (Level 1) (Level 2) (Level 3) Adjustments (1) Fair Value Assets: Mortgage-Related Securities Available for Sale: GSE certificates $ -- $ 2,068,842 $ -- $ -- $ 2,068,842 GSE CMOs 549,904 549,904 Total mortgage-related securities $ -- $ 2,618,746 $ -- $ -- $ 2,618,746 Other Securities Available for Sale: U. S. Treasury Obligations $ 199,898 $ -- $ -- $ -- $ 199,898 GSE debentures -- 473,258 -- -- 473,258 Municipal bonds -- 70,120 -- -- 70,120 Corporate bonds -- 90,775 -- -- 90,775 Capital trust notes -- 46,096 -- -- 46,096 Preferred stock 15,434 -- -- -- 15,434 Mutual funds and common stock -- 17,100 -- -- 17,100 Total other securities $ 215,332 $ 697,349 $ -- $ -- $ 912,681 Total securities available for sale $ 215,332 $ 3,316,095 $ -- $ -- $ 3,531,427 Other Assets: Loans held for sale $ -- $ 35,258 $ -- $ -- $ 35,258 Mortgage servicing rights -- -- 2,729 -- 2,729 (1) Includes cash collateral received from, and paid to, counterparties. (2) Includes $1.9 million to purchase Treasury options.
Difference between Fair Value Option and Unpaid Principal Balance	The following table reflects the difference between the fair value carrying amount of loans held for sale, for which the Company has elected the fair value option, and the unpaid principal balance: June 30, 2018 December 31, 2017 Fair Value Fair Value Fair Value Aggregate Carrying Amount Fair Value Aggregate Carrying Amount (in thousands) Carrying Unpaid Less Aggregate Carrying Unpaid Less Aggregate Loans held for sale $-- $-- $-- $35,258 $34,563 $695
Changes in Fair Value of MSRs	The assets accounted for under the fair value option are initially measured at fair value. Gains and losses from the initial measurement and subsequent changes in fair value are recognized in earnings. The following table presents the changes in fair value related to initial measurement, and the subsequent changes in fair value included in earnings, for MSRs for the periods indicated: (Loss) Gain Included in Income from Changes in Fair Value (1) For the Three Months For the Six Months Ended Ended June 30, June 30, (in thousands) 2018 2017 2018 2017 Mortgage servicing rights $ (70 ) $ (30,988) $ (224 ) $ (68,081) (1) Included in “Non-interest
Rollforward of Financial Instruments Classified in Level Three of Valuation Hierarchy	The following tables present, for the six months ended June 30, 2018 and 2017, a roll-forward of the balance sheet amounts (including changes in fair value) for financial instruments classified in Level 3 of the valuation hierarchy: Total Realized/Unrealized Change in Gains/(Losses) Recorded in Unrealized Gains/(Losses) Fair Value Transfers Fair Value Related to January 1, Income/ Comprehensive to/(from) at June 30, Instruments Held at (in thousands) 2018 (Loss) (Loss) Income Issuances Settlements Level 3 2018 June 30, 2018 Mortgage servicing rights $2,729 $(224) $-- $-- $-- $-- $2,505 $(224) Total Realized/Unrealized Change in Gains/(Losses) Recorded in Unrealized Gains/(Losses) Fair Value Transfers Fair Value Related to January 1, Income/ Comprehensive to/(from) at June 30, Instruments Held at (in thousands) 2017 (Loss) (Loss) Income Issuances Settlements Level 3 2017 June 30, 2017 Mortgage servicing rights $228,099 $(19,496) $-- $11,983 $-- $-- $220,586 $(10,348) Interest rate lock commitments 982 45 -- -- -- -- 1,027 1,027
Significant Unobservable Inputs used in Fair Value Measurement	For Level 3 assets and liabilities measured at fair value on a recurring basis as of June 30, 2018, the significant unobservable inputs used in the fair value measurements were as follows: (dollars in thousands) Fair Value at Valuation Technique Significant Unobservable Inputs Significant Mortgage servicing rights $2,505 Discounted Cash Flow Weighted Average Constant Prepayment Rate (1) 10.66 % Weighted Average Discount Rate 12.00 (1) Represents annualized loan repayment rate assumptions.
Summary of Carrying Values, Estimated Fair Values and Fair Value Measurement Levels of Financial Instruments	The following tables present assets and liabilities that were measured at fair value on a non-recurring Fair Value Measurements at June 30, 2018 Using Quoted Prices in Active Markets for Significant Other Significant Identical Assets Observable Inputs Unobservable Inputs Total Fair (in thousands) (Level 1) (Level 2) (Level 3) Value Certain impaired loans (1) $ -- $ -- $ 42,738 $ 42,738 Other assets -- -- -- -- Total $ -- $ -- $ 42,738 $ 42,738 (1) Represents the fair value of impaired loans based on the value of the collateral and repossessed assets, based on the appraised value of the collateral subsequent to its initial classification as repossessed assets. Fair Value Measurements at December 31, 2017 Using Quoted Prices in Active Markets for Significant Other Significant Identical Assets Observable Inputs Unobservable Inputs Total Fair (in thousands) (Level 1) (Level 2) (Level 3) Value Certain impaired loans (1) $ -- $ -- $ 45,837 $ 45,837 Other assets (2) -- -- 4,357 4,357 Total $ -- $ -- $ 50,194 $ 50,194 (1) Represents the fair value of impaired loans, based on the value of the collateral. (2) Represents the fair value of repossessed assets, based on the appraised value of the collateral subsequent to its initial classification as repossessed assets.
Assets and Liabilities Measured at Fair Value on Non-Recurring Basis	The following tables summarize the carrying values, estimated fair values, and fair value measurement levels of financial instruments that were not carried at fair value on the Company’s Consolidated Statements of Condition at June 30, 2018 and December 31, 2017: June 30, 2018 Fair Value Measurement Using Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Carrying Estimated Assets Inputs Inputs (in thousands) Value Fair Value (Level 1) (Level 2) (Level 3) Financial Assets: Cash and cash equivalents $ 2,204,397 $ 2,204,397 $ 2,204,397 $ -- $ -- FHLB stock (1) 653,075 653,075 -- 653,075 -- Loans, net 39,287,173 38,834,022 -- -- 38,834,022 Financial Liabilities: Deposits $ 29,555,845 $ 29,503,131 $ 19,249,326 (2) $ 10,253,805 (3) $ -- Borrowed funds 13,793,839 13,649,155 -- 13,649,155 -- (1) Carrying value and estimated fair value are at cost. (2) Interest-bearing checking and money market accounts, savings accounts, and non-interest-bearing (3) Certificates of deposit. December 31, 2017 Fair Value Measurement Using Quoted Prices in Significant Active Markets Other Significant for Identical Observable Unobservable Carrying Estimated Assets Inputs Inputs (in thousands) Value Fair Value (Level 1) (Level 2) (Level 3) Financial Assets: Cash and cash equivalents $ 2,528,169 $ 2,528,169 $ 2,528,169 $ -- $ -- FHLB stock (1) 603,819 603,819 -- 603,819 -- Loans, net 38,265,183 38,254,538 -- -- 38,254,538 Financial Liabilities: Deposits $ 29,102,163 $ 29,044,852 $ 20,458,517 (2) $ 8,586,335 (3) $ -- Borrowed funds 12,913,679 12,780,653 -- 12,780,653 -- (1) Carrying value and estimated fair value are at cost. (2) Interest-bearing checking and money market accounts, savings accounts, and non-interest-bearing (3) Certificates of deposit.

Organization and Basis of Pre30

Organization and Basis of Presentation - Additional Information (Detail)	6 Months Ended
	Jun. 30, 2018Location$ / shares	Dec. 31, 2017$ / shares	Nov. 23, 1993$ / shares
Organization and Basis Of Presentation [Line Items]
Common stock, par | $ / shares	$ 0.01	$ 0.01	$ 0.01
Description of nine stock splits	($0.93 per share on a split-adjusted basis, reflecting the impact of nine stock splits between 1994 and 2004).
IPO
Organization and Basis Of Presentation [Line Items]
Shares issued, price per share | $ / shares			$ 25
Shares issued, price per share, split adjusted basis | $ / shares	$ 0.93
New York Community Bank
Organization and Basis Of Presentation [Line Items]
Number of branches	223
New York Community Bank | Directly Operated Banks
Organization and Basis Of Presentation [Line Items]
Number of branches	2
New York Community Bank | Seven Divisional Banks
Organization and Basis Of Presentation [Line Items]
Number of branches	221
New York Commercial Bank
Organization and Basis Of Presentation [Line Items]
Number of branches	30
New York Commercial Bank | Atlantic Bank
Organization and Basis Of Presentation [Line Items]
Number of branches	18

Computation of Basic and Dilute

Computation of Basic and Diluted EPS (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net income available to common shareholders	$ 99,147	$ 107,048	$ 197,492	$ 211,005
Less: Dividends paid on and earnings allocated to participating securities	(1,267)	(873)	(2,524)	(1,693)
Earnings applicable to common stock	$ 97,880	$ 106,175	$ 194,968	$ 209,312
Weighted average common shares outstanding	488,530,527	487,282,404	488,336,395	486,899,209
Basic earnings per common share	$ 0.20	$ 0.22	$ 0.40	$ 0.43
Potential dilutive common shares	0	0	0	0
Total shares for diluted earnings per share computation	488,530,527	487,282,404	488,336,395	486,899,209
Diluted earnings per common share and common share equivalents	$ 0.20	$ 0.22	$ 0.40	$ 0.43

Reclassifications of Accumulate

Reclassifications of Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net (loss) gain on securities		$ (303)	$ 26,936	$ (769)	$ 28,915
Income tax expense		(36,451)	(65,447)	(74,376)	(125,644)
Net (Loss) income		$ 107,354	$ 115,255	213,906	$ 219,212
Reclassifications, net of tax	[1]			(2,555)
Past service liability
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassifications, before tax	[1],[2]			124
Actuarial losses
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassifications, before tax	[1],[2]			(3,744)
Amortization of defined benefit pension
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassifications, before tax	[1]			(3,620)
Tax benefit	[1]			1,065
Reclassifications, net of tax	[1]			(2,555)
Reclassification out of Accumulated Other Comprehensive Income (loss) | Unrealized gains on available for sale securities
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net (loss) gain on securities	[1]			0
Income tax expense	[1]			0
Net (Loss) income	[1]			$ 0
[1]	Amounts in parentheses indicate expense items.
[2]	See Note 8, "Pension and Other Post-Retirement Benefits," for additional information.

Summary of Portfolio of Securit

Summary of Portfolio of Securities Available for Sale and Equity Investments with Readily Determinable Fair Values (Detail) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		$ 4,167,877	$ 3,464,279	[1]
Gross Unrealized Gain		35,116	81,594	[1]
Gross Unrealized Loss		48,344	14,446	[1]
Fair Value		4,154,649	3,531,427	[1]
Mortgage-Related Securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		2,595,384	2,559,961
Gross Unrealized Gain		17,062	60,810
Gross Unrealized Loss		29,258	2,025
Fair Value		2,583,188	2,618,746
Mortgage-Related Securities | GSE certificates
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		1,936,949	2,023,677
Gross Unrealized Gain		11,307	46,364
Gross Unrealized Loss		24,840	1,199
Fair Value		1,923,416	2,068,842
Mortgage-Related Securities | GSE CMOs
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		658,435	536,284
Gross Unrealized Gain		5,755	14,446
Gross Unrealized Loss		4,418	826
Fair Value		659,772	549,904
Other Securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost			904,318
Gross Unrealized Gain			20,784
Gross Unrealized Loss			12,421
Fair Value			912,681
Other Securities | U.S. Treasury obligations
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost			199,960
Gross Unrealized Loss			62
Fair Value			199,898
Other Securities | GSE debentures
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost			473,879
Gross Unrealized Gain			2,044
Gross Unrealized Loss			2,665
Fair Value			473,258
Other Securities | Municipal bonds
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost			70,381
Gross Unrealized Gain			540
Gross Unrealized Loss			801
Fair Value			70,120
Other Securities | Corporate bonds
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost			79,702
Gross Unrealized Gain			11,073
Fair Value			90,775
Other Securities | Capital trust notes
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost			48,230
Gross Unrealized Gain			6,498
Gross Unrealized Loss			8,632
Fair Value			46,096
Other Securities | Preferred stock
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost			15,292
Gross Unrealized Gain			142
Fair Value			15,434
Other Securities | Mutual Funds and Common Stock
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	[2]		16,874
Gross Unrealized Gain	[2]		487
Gross Unrealized Loss	[2]		261
Fair Value	[2]		$ 17,100
Debt Securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		1,540,327
Gross Unrealized Gain		17,708
Gross Unrealized Loss		18,340
Fair Value		1,539,695
Debt Securities | U.S. Treasury obligations
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		199,839
Gross Unrealized Loss		143
Fair Value		199,696
Debt Securities | GSE debentures
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		562,866
Gross Unrealized Gain		929
Gross Unrealized Loss		9,146
Fair Value		554,649
Debt Securities | Municipal bonds
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		69,546
Gross Unrealized Gain		178
Gross Unrealized Loss		2,119
Fair Value		67,605
Debt Securities | Corporate bonds
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		379,069
Gross Unrealized Gain		9,922
Gross Unrealized Loss		898
Fair Value		388,093
Debt Securities | Capital trust notes
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		48,252
Gross Unrealized Gain		6,478
Gross Unrealized Loss		5,876
Fair Value		48,854
Debt Securities | Asset backed securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	[3]	280,755
Gross Unrealized Gain	[3]	201
Gross Unrealized Loss	[3]	158
Fair Value	[3]	280,798
Mortgage Backed Securities And Other Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	[4]	4,135,711
Gross Unrealized Gain	[4]	34,770
Gross Unrealized Loss	[4]	47,598
Fair Value	[4]	4,122,883
Equity securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		32,166
Gross Unrealized Gain		346
Gross Unrealized Loss		746
Fair Value		31,766
Equity securities | Preferred stock
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		15,292
Gross Unrealized Loss		184
Fair Value		15,108
Equity securities | Mutual Funds and Common Stock
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	[5]	16,874
Gross Unrealized Gain	[5]	346
Gross Unrealized Loss	[5]	562
Fair Value	[5]	$ 16,658
[1]	The amortized cost includes the non-credit portion of OTTI recorded in AOCL. At December 31, 2017, the non-credit portion of OTTI recorded in AOCL was $8.6 million before taxes.
[2]	Primarily consists of mutual funds that are CRA-qualified investments
[3]	Asset-backed securities are substantially U.S. Government guaranteed.
[4]	The amortized cost includes the non-credit portion of OTTI recorded in AOCL. At June 30, 2018, the non-credit portion of OTTI recorded in AOCL was $8.6 million before taxes.
[5]	Primarily consists of mutual funds that are CRA-qualified investments.

Summary of Portfolio of Secur34

Summary of Portfolio of Securities Available for Sale and Equity Investments with Readily Determinable Fair Values (Parenthetical) (Detail) - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Available-for-sale Securities
Schedule of Available-for-sale Securities [Line Items]
Non-credit portion of OTTI recorded in AOCL, pre-tax	$ 8.6	$ 8.6

Securities - Additional Informa

Securities - Additional Information (Detail) $ in Thousands		Jun. 30, 2018USD ($)Investment	Dec. 31, 2017USD ($)Investment
Schedule of Investments [Line Items]
Federal Home Loan Bank stock, at cost | $	[1]	$ 653,075	$ 603,819
Investment securities designated as having a continuous loss position for twelve months or more, unrealized losses | $		$ 9,800	$ 10,100
Investment securities designated as having a continuous loss position for twelve months or more, percentage below collective amortized cost		7.60%	8.50%
Investment securities designated as having a continuous loss position for twelve months or more, amortized cost | $		$ 128,500	$ 118,200
Mortgage-Related Securities
Schedule of Investments [Line Items]
Number of investment securities designated as having a continuous loss position for twelve months or more		6	6
Capital trust notes
Schedule of Investments [Line Items]
Number of investment securities designated as having a continuous loss position for twelve months or more		5	5
Municipal bonds
Schedule of Investments [Line Items]
Number of investment securities designated as having a continuous loss position for twelve months or more		3	3
Mutual funds
Schedule of Investments [Line Items]
Number of investment securities designated as having a continuous loss position for twelve months or more		1	1
[1]	Carrying value and estimated fair value are at cost.

Summary of Gross Proceeds and G

Summary of Gross Proceeds and Gross Realized Gains from Sale of Available-for-Sale Securities (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2017USD ($)
Gain (Loss) on Securities [Line Items]
Gross proceeds	$ 139,009
Gross realized gains	$ 1,986

Credit Loss Component of Other

Credit Loss Component of Other Than Temporary Impairment on Debt Securities (Detail) $ in Thousands	6 Months Ended
	Jun. 30, 2018USD ($)
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Beginning OTTI credit loss amount	$ 196,333
Add: Initial other-than-temporary credit losses	0
Subsequent other-than-temporary credit losses	0
Amount previously recognized in AOCL	0
Less: Realized losses for securities sold	0
Securities intended or required to be sold	0
Increase in cash flows on debt securities	30
Ending OTTI credit loss amount	$ 196,303

Summary of Amortized Cost of Se

Summary of Amortized Cost of Securities by Contractual Maturity (Detail) - USD ($) $ in Thousands		Jun. 30, 2018		Dec. 31, 2017
Available-for-Sale Debt Securities:
Due within one year	[1]	$ 199,846
Due from one to five years	[1]	1,283,154
Due from five to ten years	[1]	1,359,372
Due after ten years	[1]	1,280,511
Total debt securities available for sale		4,122,883	[1]	$ 3,531,427
Mortgage-Related Securities
Available-for-Sale Debt Securities:
Due from one to five years	[1]	1,219,407
Due from five to ten years	[1]	557,628
Due after ten years	[1]	818,349
Total debt securities available for sale	[1]	$ 2,595,384
Available-for-Sale Debt Securities:
Due from one to five years, Average Yield	[1]	3.34%
Due from five to ten years, Average Yield	[1]	3.39%
Due after ten years, Average Yield	[1]	2.94%
Total debt securities available for sale	[1]	3.22%
U.S. Treasury and GSE Obligations
Available-for-Sale Debt Securities:
Due within one year	[1]	$ 199,839
Due from one to five years	[1]	6,950
Due from five to ten years	[1]	471,325
Due after ten years	[1]	84,591
Total debt securities available for sale	[1]	$ 762,705
Available-for-Sale Debt Securities:
Due within one year, Average Yield	[1]	1.70%
Due from one to five years, Average Yield	[1]	3.84%
Due from five to ten years, Average Yield	[1]	3.11%
Due after ten years, Average Yield	[1]	3.09%
Total debt securities available for sale	[1]	2.74%
State, county, and municipal
Available-for-Sale Debt Securities:
Due within one year	[1]	$ 149
Due from one to five years	[1]	293
Due after ten years	[1]	69,104
Total debt securities available for sale	[1]	$ 69,546
Available-for-Sale Debt Securities:
Due within one year, Average Yield	[1],[2]	6.51%
Due from one to five years, Average Yield	[1],[2]	6.63%
Due after ten years, Average Yield	[1],[2]	2.88%
Total debt securities available for sale	[1],[2]	2.90%
Other Debt Securities
Available-for-Sale Debt Securities:
Due from one to five years	[1],[3]	$ 48,648
Due from five to ten years	[1],[3]	330,421
Due after ten years	[1],[3]	329,007
Total debt securities available for sale	[1],[3]	$ 708,076
Available-for-Sale Debt Securities:
Due from one to five years, Average Yield	[1]	3.86%
Due from five to ten years, Average Yield	[1]	3.98%
Due after ten years, Average Yield	[1]	3.24%
Total debt securities available for sale	[1]	3.63%
[1]	As equity securities have no contractual maturity, they have been excluded from this table.
[2]	Not presented on a tax-equivalent basis.
[3]	Includes corporate bonds, capital trust notes, and asset-backed securities.

Summary of Held-to-Maturity and

Summary of Held-to-Maturity and Available-for-Sale Securities Having Continuous Unrealized Loss Position (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Debt Securities
Schedule of Investments [Line Items]
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value	$ 2,437,529	$ 895,352
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	38,530	4,347
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Fair Value	118,675	108,144
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Unrealized Loss	9,814	10,099
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	2,556,204	1,003,496
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	48,344	14,446
Debt Securities | GSE certificates
Schedule of Investments [Line Items]
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value	959,158	232,546
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	23,556	535
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Fair Value	19,434	20,440
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Unrealized Loss	1,284	664
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	978,592	252,986
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	24,840	1,199
Debt Securities | GSE debentures
Schedule of Investments [Line Items]
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value		333,045
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss		2,665
Temporarily Impaired Available-for-Sale Securities, Total Fair Value		333,045
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss		2,665
Debt Securities | GSE CMOs
Schedule of Investments [Line Items]
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value	329,114	118,694
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	4,418	826
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	329,114	118,694
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	4,418	826
Debt Securities | U.S. Treasury obligations
Schedule of Investments [Line Items]
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value	199,695	199,898
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	143	62
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	199,695	199,898
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	143	62
Debt Securities | Municipal bonds
Schedule of Investments [Line Items]
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value		11,169
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss		259
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Fair Value	50,087	41,054
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Unrealized Loss	2,119	542
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	50,087	52,223
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	2,119	801
Debt Securities | Capital trust notes
Schedule of Investments [Line Items]
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Fair Value	37,883	35,105
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Unrealized Loss	5,876	8,632
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	37,883	35,105
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	5,876	8,632
Debt Securities | U.S. Treasury and GSE Obligations
Schedule of Investments [Line Items]
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value	524,847
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	9,146
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	524,847
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	9,146
Debt Securities | Corporate bonds
Schedule of Investments [Line Items]
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value	293,218
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	898
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	293,218
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	898
Debt Securities | Asset backed securities
Schedule of Investments [Line Items]
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value	112,408
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	158
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	112,408
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	158
Equity securities
Schedule of Investments [Line Items]
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value	19,089
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	211
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Fair Value	11,271	11,545
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Unrealized Loss	535	261
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	30,360	11,545
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	$ 746	$ 261

Composition of Loan Portfolio (

Composition of Loan Portfolio (Detail) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017	Jun. 30, 2017	[1]	Dec. 31, 2016	[1]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 39,418,757	$ 38,359,022
Net deferred loan origination costs		$ 29,068	$ 28,949
Percent of loans held for investment		100.00%	100.00%
Allowance for losses on non-covered loans		$ (160,652)	$ (158,046)	$ (154,683)		$ (158,290)
Loans held for investment, net		39,287,173	38,229,925
Loans held for sale			35,258
Total loans, net		39,287,173	38,265,183
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment	[2]	2,170,439	2,040,574
Commercial and Industrial | Other loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 1,535,618	$ 1,377,964
Percent of loans held for investment		3.90%	3.59%
Multi-Family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 29,211,541	$ 28,074,709
Percent of loans held for investment		74.10%	73.19%
Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 7,153,868	$ 7,322,226
Percent of loans held for investment		18.15%	19.09%
One-to-four family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 449,419	$ 477,228
Percent of loans held for investment		1.14%	1.24%
Acquisition, Development and Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 424,827	$ 435,825
Percent of loans held for investment		1.08%	1.14%
Mortgage Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 37,239,655	$ 36,309,988
Percent of loans held for investment		94.47%	94.66%
Allowance for losses on non-covered loans		$ (129,697)	$ (128,275)	$ (121,721)		$ (125,416)
Lease financing, unearned income
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 634,821	$ 662,610
Percent of loans held for investment		1.61%	1.73%
Other Commercial and Industrial Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment	[3]	$ 2,170,439	$ 2,040,574
Percent of loans held for investment		5.51%	5.32%
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 8,663	$ 8,460
Percent of loans held for investment		0.02%	0.02%
Total Other Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 2,179,102	$ 2,049,034
Total Other Loans | Other loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 2,179,102	$ 2,049,034
Percent of loans held for investment		5.53%	5.34%
[1]	Represents allowance for losses on non-covered loans, excluding PCI loans.
[2]	Includes lease financing receivables, all of which were classified as Pass.
[3]	Includes specialty finance loans and leases of $1.7 billion at June 30, 2018 and December 31, 2017, and other C&I loans of $491.7 million and $500.8 million, respectively, at June 30, 2018 and December 31, 2017.

Composition of Loan Portfolio41

Composition of Loan Portfolio (Parenthetical) (Detail) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 39,418,757	$ 38,359,022
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment	[1]	2,170,439	2,040,574
Commercial and Industrial | Other loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		1,535,618	1,377,964
Lease financing, unearned income
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unearned income		59,088	65,041
Loans Held for Investment		634,821	662,610
Specialty Finance Loans and Leases [Member] | Commercial and Industrial | Other loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		1,700,000	1,700,000
Other Commercial and Industrial Loans | Commercial and Industrial | Other loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 491,700	$ 500,800
[1]	Includes lease financing receivables, all of which were classified as Pass.

Loans - Additional Information

Loans - Additional Information (Detail)	3 Months Ended		6 Months Ended
	Jun. 30, 2018USD ($)Investment	Jun. 30, 2017USD ($)Investment	Jun. 30, 2018USD ($)Investment	Jun. 30, 2017USD ($)Investment	Dec. 31, 2017USD ($)
Financing Receivable, Recorded Investment [Line Items]
Outstanding loans to Executive officers, directors, principal shareholders, related interest and parties	$ 55,600,000		$ 55,600,000
Loans held for sale	0		0		$ 35,258,000
Delinquent loans selectively extended to certain borrowers, rate reductions, forbearance of arrears, and extension of maturity dates		$ 19,379,000	$ 4,074,000	$ 24,145,000
Number of loans classified as a non-accrual TDRs | Investment		16	13	34
Commercial and Industrial
Financing Receivable, Recorded Investment [Line Items]
Delinquent loans selectively extended to certain borrowers, rate reductions, forbearance of arrears, and extension of maturity dates	$ 1,420,000	$ 18,722,000	$ 3,174,000	$ 23,151,000
Number of loans classified as a non-accrual TDRs | Investment	6	13	12	30
Commercial and Industrial | Payment Default
Financing Receivable, Recorded Investment [Line Items]
Number of loans classified as a non-accrual TDRs			6
Loan classified as non accrual TDRs	$ 1,700,000		$ 1,700,000
Principal shareholders
Financing Receivable, Recorded Investment [Line Items]
Outstanding loans to Executive officers, directors, principal shareholders, related interest and parties	$ 0		0
Financing Receivable Troubled Debt Restructurings Rate Reductions
Financing Receivable, Recorded Investment [Line Items]
Delinquent loans selectively extended to certain borrowers, rate reductions, forbearance of arrears, and extension of maturity dates			39,900,000
Financing Receivable Troubled Debt Restructurings Forbearance of Arrears
Financing Receivable, Recorded Investment [Line Items]
Delinquent loans selectively extended to certain borrowers, rate reductions, forbearance of arrears, and extension of maturity dates			$ 1,800,000

Quality of Loans (Excluding PCI

Quality of Loans (Excluding PCI Loans) (Detail) - USD ($) $ in Thousands		Jun. 30, 2018		Dec. 31, 2017
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Covered Loans		$ 39,418,757		$ 38,359,022
Multi-Family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Covered Loans		29,211,541		28,074,709
Commercial Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Covered Loans		7,153,868		7,322,226
One-to-four family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Covered Loans		449,419		477,228
Acquisition, Development and Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Covered Loans		424,827		435,825
Commercial and Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Covered Loans	[2]	2,170,439	[1]	2,040,574	[3]
Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Covered Loans		8,663		8,460
Non-Covered Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non- Accrual		56,481		73,682
Total Past Due		62,759		91,471
Current		39,355,998		38,267,551
Non-Covered Loans | Financing Receivable, 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		6,278		17,789
Non-Covered Loans | Multi-Family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non- Accrual		5,408		11,078
Total Past Due		5,413		12,336
Current		29,206,128		28,062,373
Non-Covered Loans | Multi-Family | Financing Receivable, 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		5		1,258
Non-Covered Loans | Commercial Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non- Accrual		4,917		6,659
Total Past Due		4,917		19,886
Current		7,148,951		7,302,340
Non-Covered Loans | Commercial Real Estate | Financing Receivable, 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due				13,227
Non-Covered Loans | One-to-four family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non- Accrual		1,669		1,966
Total Past Due		1,883		2,551
Current		447,536		474,677
Non-Covered Loans | One-to-four family | Financing Receivable, 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		214		585
Non-Covered Loans | Acquisition, Development and Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non- Accrual				6,200
Total Past Due				6,200
Current		424,827		429,625
Non-Covered Loans | Commercial and Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non- Accrual	[2]	44,483	[1]	47,768	[3]
Total Past Due	[2]	46,477	[1]	50,479	[3]
Current	[2]	2,123,962	[1]	1,990,095	[3]
Non-Covered Loans | Commercial and Industrial | Financing Receivable, 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	[2]	1,994	[1]	2,711	[3]
Non-Covered Loans | Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non- Accrual		4		11
Total Past Due		4,069		19
Current		4,594		8,441
Non-Covered Loans | Other | Financing Receivable, 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		$ 4,065		$ 8
[1]	Includes $2.0 million and $43.5 million of taxi medallion-related loans that were 30 to 89 days past due and 90 days or more past due, respectively.
[2]	Includes lease financing receivables, all of which were current.
[3]	Includes $2.7 million and $46.7 million of taxi medallion-related loans that were 30 to 89 days past due and 90 days or more past due, respectively.

Quality of Loans (Excluding P44

Quality of Loans (Excluding PCI Loans) (Parenthetical) (Detail) - Commercial and Industrial - Taxi Medallion Loans - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Financing Receivable, 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 2	$ 2.7
Loans 90 Days Or More Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 43.5	$ 46.7

Loan Portfolio by Credit Qualit

Loan Portfolio by Credit Quality Indicator (Detail) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		$ 39,418,757	$ 38,359,022
Multi-Family
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		29,211,541	28,074,709
Multi-Family | Pass
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		29,019,539	27,874,330
Multi-Family | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		172,517	125,752
Multi-Family | Substandard
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		19,485	74,627
Commercial Real Estate
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		7,153,868	7,322,226
Commercial Real Estate | Pass
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		7,101,257	7,255,100
Commercial Real Estate | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		46,973	47,123
Commercial Real Estate | Substandard
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		5,638	20,003
One-to-four family
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		449,419	477,228
One-to-four family | Pass
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		444,093	471,571
One-to-four family | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		3,657	3,691
One-to-four family | Substandard
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		1,669	1,966
Acquisition, Development and Construction
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		424,827	435,825
Acquisition, Development and Construction | Pass
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		341,154	344,040
Acquisition, Development and Construction | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		74,121	76,033
Acquisition, Development and Construction | Substandard
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		9,552	15,752
Mortgage Receivable
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		37,239,655	36,309,988
Mortgage Receivable | Pass
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		36,906,043	35,945,041
Mortgage Receivable | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		297,268	252,599
Mortgage Receivable | Substandard
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		36,344	112,348
Commercial and Industrial
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans	[1]	2,170,439	2,040,574
Commercial and Industrial | Pass
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans	[1]	2,080,569	1,925,527
Commercial and Industrial | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans	[1]	16,302	20,883
Commercial and Industrial | Substandard
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans	[1]	73,568	94,164
Other
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		8,663	8,460
Other | Pass
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		8,659	8,449
Other | Substandard
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		4	11
Total Other Loans
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		2,179,102	2,049,034
Total Other Loans | Pass
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		2,089,228	1,933,976
Total Other Loans | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		16,302	20,883
Total Other Loans | Substandard
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		$ 73,572	$ 94,175
[1]	Includes lease financing receivables, all of which were classified as Pass.

Information Regarding Troubled

Information Regarding Troubled Debt Restructurings (Detail) - Non-Covered Loans - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	$ 41,700	$ 45,556
Multi-Family
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	5,990	8,885
Commercial Real Estate
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	356	368
One-to-four family
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	1,043	1,066
Acquisition, Development and Construction
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	9,552	8,652
Commercial and Industrial
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	24,759	26,585
Accruing
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	10,368	9,653
Accruing | Multi-Family
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	816	824
Accruing | Acquisition, Development and Construction
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	9,552	8,652
Accruing | Commercial and Industrial
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings		177
Non-Accrual
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	31,332	35,903
Non-Accrual | Multi-Family
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	5,174	8,061
Non-Accrual | Commercial Real Estate
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	356	368
Non-Accrual | One-to-four family
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	1,043	1,066
Non-Accrual | Commercial and Industrial
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	$ 24,759	$ 26,408

Summary of Financial Effects of

Summary of Financial Effects of Troubled Debt Restructurings (Detail) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2018USD ($)Investment	Jun. 30, 2017USD ($)Investment	Jun. 30, 2018USD ($)Investment	Jun. 30, 2017USD ($)Investment
Financing Receivable, Modifications [Line Items]
Number of loans classified as a non-accrual TDRs | Investment		16	13	34
Pre-Modification Recorded Investment		$ 23,296	$ 6,680	$ 31,523
Post-Modification Recorded Investment		19,379	4,074	24,145
Trouble debt restructuring, charge-off amount		825	$ 2,476	4,104
Capitalized interest		$ 7		$ 12
Acquisition, Development and Construction
Financing Receivable, Modifications [Line Items]
Number of loans classified as a non-accrual TDRs | Investment			1
Pre-Modification Recorded Investment			$ 900
Post-Modification Recorded Investment			$ 900
Weighted Average Interest Rate, Pre-Modification			4.50%
Weighted Average Interest Rate, Post-Modification			4.50%
Commercial and Industrial
Financing Receivable, Modifications [Line Items]
Number of loans classified as a non-accrual TDRs | Investment	6	13	12	30
Pre-Modification Recorded Investment	$ 2,613	$ 22,752	$ 5,780	$ 30,714
Post-Modification Recorded Investment	$ 1,420	$ 18,722	$ 3,174	$ 23,151
Weighted Average Interest Rate, Pre-Modification	3.27%	3.49%	3.27%	3.45%
Weighted Average Interest Rate, Post-Modification	3.05%	3.45%	3.14%	3.45%
Trouble debt restructuring, charge-off amount	$ 1,158	$ 825	$ 2,476	$ 4,104
One-to-four family
Financing Receivable, Modifications [Line Items]
Number of loans classified as a non-accrual TDRs | Investment		3
Pre-Modification Recorded Investment		$ 544
Post-Modification Recorded Investment		$ 657
Weighted Average Interest Rate, Pre-Modification		5.90%
Weighted Average Interest Rate, Post-Modification		2.00%
Capitalized interest		$ 7
Multi-Family
Financing Receivable, Modifications [Line Items]
Number of loans classified as a non-accrual TDRs | Investment				4
Pre-Modification Recorded Investment				$ 809
Post-Modification Recorded Investment				$ 994
Weighted Average Interest Rate, Pre-Modification				5.93%
Weighted Average Interest Rate, Post-Modification				2.21%
Capitalized interest				$ 12

Activity in Allowance for Loan

Activity in Allowance for Loan Losses Based Upon the Method of Evaluating Loan Impairment (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for Loan Losses, Individually evaluated for impairment	$ 39
Allowance for Loan Losses, Collectively evaluated for impairment	160,613	$ 158,046
Allowance for Loan Losses	160,652
Mortgage Receivable
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for Loan Losses, Collectively evaluated for impairment	129,697	128,275
Allowance for Loan Losses	129,697
Other loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for Loan Losses, Individually evaluated for impairment	39
Allowance for Loan Losses, Collectively evaluated for impairment	30,916	$ 29,771
Allowance for Loan Losses	$ 30,955

Additional Information Regardin

Additional Information Regarding Methods used to Evaluate Loan Portfolio for Impairment (Detail) - Additional Information Loan Portfolio - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Receivable, Individually evaluated for impairment	$ 66,234	$ 80,557
Loans Receivable, Collectively evaluated for impairment	39,352,523	38,278,465
Total loans, net	39,418,757	38,359,022
Mortgage Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Receivable, Individually evaluated for impairment	20,886	31,747
Loans Receivable, Collectively evaluated for impairment	37,218,769	36,278,241
Total loans, net	37,239,655	36,309,988
Other loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Receivable, Individually evaluated for impairment	45,348	48,810
Loans Receivable, Collectively evaluated for impairment	2,133,754	2,000,224
Total loans, net	$ 2,179,102	$ 2,049,034

Activity in Allowance for Loa50

Activity in Allowance for Loan Losses (Detail) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017		Jun. 30, 2018	Jun. 30, 2017	[1]
Valuation Allowance [Line Items]
Balance, beginning of period				$ 158,046	$ 158,290
Charge-offs				(12,848)	(17,736)
Recoveries				1,169	697
Balance, end of period	$ 160,652	$ 154,683	[1]	160,652	154,683
Non-Covered Loans
Valuation Allowance [Line Items]
Provision for (recovery of) non-covered loan losses	4,714	11,645		14,285	13,432
Mortgage Receivable
Valuation Allowance [Line Items]
Balance, beginning of period				128,275	125,416
Charge-offs				(5,444)	(90)
Recoveries				229	180
Balance, end of period	129,697	121,721	[1]	129,697	121,721
Mortgage Receivable | Non-Covered Loans
Valuation Allowance [Line Items]
Provision for (recovery of) non-covered loan losses				6,637	(3,785)
Other loans
Valuation Allowance [Line Items]
Balance, beginning of period				29,771	32,874
Charge-offs				(7,404)	(17,646)
Recoveries				940	517
Balance, end of period	$ 30,955	$ 32,962	[1]	30,955	32,962
Other loans | Non-Covered Loans
Valuation Allowance [Line Items]
Provision for (recovery of) non-covered loan losses				$ 7,648	$ 17,217
[1]	Represents allowance for losses on non-covered loans, excluding PCI loans.

Additional Information about Im

Additional Information about Impaired Loans (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance, Recorded Investment	$ 66,195	$ 80,557
Impaired loans with no related allowance, Unpaid Principal Balance	136,737	154,647
Impaired loans with no related allowance, Average Recorded Investment	72,024	69,615
Impaired loans with no related allowance, Interest Income Recognized	2,071	3,412
Impaired loans with an allowance recorded, Recorded Investment	39
Impaired loans with an allowance recorded, Unpaid Principal Balance	39
Impaired loans with an allowance recorded, Related Allowance	39
Impaired loans with an allowance recorded, Average Recorded Investment	26	314
Impaired loans with an allowance recorded, Interest Income Recognized	4
Total impaired loans, Recorded Investment	66,234	80,557
Total impaired loans, Unpaid Principal Balance	136,776	154,647
Total impaired loans, Related Allowance	39
Total impaired loans, Average Recorded Investment	72,050	69,929
Total impaired loans, Interest Income Recognized	2,075	3,412
Multi-Family
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance, Recorded Investment	5,990	8,892
Impaired loans with no related allowance, Unpaid Principal Balance	8,778	11,470
Impaired loans with no related allowance, Average Recorded Investment	7,771	9,554
Impaired loans with no related allowance, Interest Income Recognized	227	495
Total impaired loans, Recorded Investment	5,990	8,892
Total impaired loans, Unpaid Principal Balance	8,778	11,470
Total impaired loans, Average Recorded Investment	7,771	9,554
Total impaired loans, Interest Income Recognized	227	495
Commercial Real Estate
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance, Recorded Investment	3,675	5,137
Impaired loans with no related allowance, Unpaid Principal Balance	8,790	10,252
Impaired loans with no related allowance, Average Recorded Investment	3,811	3,522
Impaired loans with no related allowance, Interest Income Recognized	29	92
Total impaired loans, Recorded Investment	3,675	5,137
Total impaired loans, Unpaid Principal Balance	8,790	10,252
Total impaired loans, Average Recorded Investment	3,811	3,522
Total impaired loans, Interest Income Recognized	29	92
One-to-four family
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance, Recorded Investment	1,669	1,966
Impaired loans with no related allowance, Unpaid Principal Balance	1,722	2,072
Impaired loans with no related allowance, Average Recorded Investment	1,861	2,489
Impaired loans with no related allowance, Interest Income Recognized	24	50
Total impaired loans, Recorded Investment	1,669	1,966
Total impaired loans, Unpaid Principal Balance	1,722	2,072
Total impaired loans, Average Recorded Investment	1,861	2,489
Total impaired loans, Interest Income Recognized	24	50
Acquisition, Development and Construction
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance, Recorded Investment	9,552	15,752
Impaired loans with no related allowance, Unpaid Principal Balance	10,452	25,952
Impaired loans with no related allowance, Average Recorded Investment	11,619	10,976
Impaired loans with no related allowance, Interest Income Recognized	287	575
Total impaired loans, Recorded Investment	9,552	15,752
Total impaired loans, Unpaid Principal Balance	10,452	25,952
Total impaired loans, Average Recorded Investment	11,619	10,976
Total impaired loans, Interest Income Recognized	287	575
Other loans
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance, Recorded Investment	45,309	48,810
Impaired loans with no related allowance, Unpaid Principal Balance	106,995	104,901
Impaired loans with no related allowance, Average Recorded Investment	46,962	43,074
Impaired loans with no related allowance, Interest Income Recognized	1,504	2,200
Impaired loans with an allowance recorded, Recorded Investment	39
Impaired loans with an allowance recorded, Unpaid Principal Balance	39
Impaired loans with an allowance recorded, Related Allowance	39
Impaired loans with an allowance recorded, Average Recorded Investment	26	314
Impaired loans with an allowance recorded, Interest Income Recognized	4
Total impaired loans, Recorded Investment	45,348	48,810
Total impaired loans, Unpaid Principal Balance	107,034	104,901
Total impaired loans, Related Allowance	39
Total impaired loans, Average Recorded Investment	46,988	43,388
Total impaired loans, Interest Income Recognized	$ 1,508	$ 2,200

Summary of Borrowed Funds (Deta

Summary of Borrowed Funds (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Debt Outstanding [Line Items]
FHLB advances	$ 13,234,500	$ 12,104,500
Repurchase agreements	200,000	450,000
Total wholesale borrowings	13,434,500	12,554,500
Junior subordinated debentures	359,339	359,179
Total borrowed funds	$ 13,793,839	$ 12,913,679

Summary of Repurchase Agreement

Summary of Repurchase Agreements Accounted for Secured Borrowings (Detail) $ in Thousands	Jun. 30, 2018USD ($)
Greater than 90 Days | GSE obligations
Transfer of Certain Financial Assets Accounted for as Secured Borrowings [Line Items]
Remaining Contractual Maturity of the Agreements	$ 200,000

Borrowed Funds - Additional Inf

Borrowed Funds - Additional Information (Detail) - USD ($) $ in Thousands	Jun. 30, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Junior subordinated debentures	$ 359,339	$ 359,179

Junior Subordinated Debentures

Junior Subordinated Debentures Outstanding (Detail) - USD ($) $ in Thousands		6 Months Ended
		Jun. 30, 2018	Dec. 31, 2017
Subordinated Borrowing [Line Items]
Junior Subordinated Debentures Amount Outstanding		$ 359,339	$ 359,179
Capital Securities Amount Outstanding		$ 346,562
New York Community Capital Trust V (BONUSESSM Units)
Subordinated Borrowing [Line Items]
Interest Rate of Capital Securities and Debentures		6.00%
Junior Subordinated Debentures Amount Outstanding		$ 145,413
Capital Securities Amount Outstanding		$ 139,062
Date of Original Issue		Nov. 4, 2002
Stated Maturity		Nov. 1, 2051
First Optional Redemption Date	[1]	Nov. 4, 2007
New York Community Capital Trust X
Subordinated Borrowing [Line Items]
Interest Rate of Capital Securities and Debentures		3.941%
Junior Subordinated Debentures Amount Outstanding		$ 123,712
Capital Securities Amount Outstanding		$ 120,000
Date of Original Issue		Dec. 14, 2006
Stated Maturity		Dec. 15, 2036
First Optional Redemption Date	[2]	Dec. 15, 2011
PennFed Capital Trust III
Subordinated Borrowing [Line Items]
Interest Rate of Capital Securities and Debentures		5.591%
Junior Subordinated Debentures Amount Outstanding		$ 30,928
Capital Securities Amount Outstanding		$ 30,000
Date of Original Issue		Jun. 2, 2003
Stated Maturity		Jun. 2, 2033
First Optional Redemption Date	[2]	Jun. 15, 2008
New York Community Capital Trust XI
Subordinated Borrowing [Line Items]
Interest Rate of Capital Securities and Debentures		3.987%
Junior Subordinated Debentures Amount Outstanding		$ 59,286
Capital Securities Amount Outstanding		$ 57,500
Date of Original Issue		Apr. 16, 2007
Stated Maturity		Jun. 30, 2037
First Optional Redemption Date	[2]	Jun. 30, 2012
[1]	Callable subject to certain conditions as described in the prospectus filed with the SEC on November 4, 2002.
[2]	Callable from this date forward.

Pension and Post-Retirement Pla

Pension and Post-Retirement Plans (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Pension Benefits
Components of net periodic (credit) expense:
Interest cost	[1]	$ 1,271	$ 1,404	$ 2,543	$ 2,808
Expected return on plan assets	[1]	(4,035)	(4,073)	(8,071)	(8,146)
Amortization of net actuarial loss	[1]	1,795	2,053	3,591	4,106
Net periodic (credit) expense	[1]	(969)	(616)	(1,937)	(1,232)
Post-Retirement Benefits
Components of net periodic (credit) expense:
Interest cost	[1]	128	144	256	288
Amortization of prior-service costs	[1]	(62)	(62)	(124)	(124)
Amortization of net actuarial loss	[1]	76	68	153	136
Net periodic (credit) expense	[1]	$ 142	$ 150	$ 285	$ 300
[1]	Amounts are included in G&A expense on the Consolidated Statements of Income and Comprehensive Income.

Pension and Other Post-Retire57

Pension and Other Post-Retirement Benefits - Additional Information (Detail)	Jun. 30, 2018USD ($)
Post-Retirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Expected contribution to defined benefit plan for the fiscal year	$ 1,300,000
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Expected contribution to defined benefit plan for the fiscal year	$ 0

Stock-Based Compensation - Addi

Stock-Based Compensation - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2018	Jun. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant	4,822,248	4,822,248
Shares granted		2,458,523
Shares granted, weighted average grant date fair value		$ 13.59
Unrecognized compensation cost relating to unvested restricted stock	$ 91.9	$ 91.9
Unrecognized compensation cost relating to unvested restricted stock, recognition period (in years)		3 years 4 months 24 days
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted, vesting period		5 years
Compensation and benefits expense		$ 9	$ 9.5
Stock Incentive Plan Twenty Twelve | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted	38,000	2,458,523
Shares granted, weighted average grant date fair value	$ 12.48	$ 13.59

Summary of Activity for Restric

Summary of Activity for Restricted Stock Awards (Detail)	6 Months Ended
	Jun. 30, 2018$ / sharesshares
Number of Shares
Unvested at beginning of year | shares	5,574,167
Granted | shares	2,458,523
Vested | shares	(697,482)
Canceled | shares	(134,420)
Unvested at end of period | shares	7,200,788
Weighted Average Grant Date Fair Value
Unvested at beginning of year | $ / shares	$ 15.38
Granted | $ / shares	13.59
Vested | $ / shares	15.20
Canceled | $ / shares	15.01
Unvested at end of period | $ / shares	$ 14.79

Assets and Liabilities Measured

Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($)	Jun. 30, 2018		Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	$ 4,122,883,000	[1]	$ 3,531,427,000
Total equity securities	31,766,000
Total securities	4,154,649,000		3,531,427,000
Mortgage servicing rights	2,505,000		2,729,000
Loans held for sale	0		35,258,000
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	4,122,883,000		3,531,427,000
Total equity securities	31,766,000
Total securities	4,154,649,000
Mortgage servicing rights	2,505,000		2,729,000
Loans held for sale			35,258,000
Fair Value, Measurements, Recurring | Preferred stock
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale			15,434,000
Total equity securities	15,108,000
Fair Value, Measurements, Recurring | Mutual Funds and Common Stock
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale			17,100,000
Total equity securities	16,658,000
Fair Value, Measurements, Recurring | GSE certificates
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	1,923,416,000		2,068,842,000
Fair Value, Measurements, Recurring | GSE CMOs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	659,772,000		549,904,000
Fair Value, Measurements, Recurring | Mortgage-Related Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	2,583,188,000		2,618,746,000
Fair Value, Measurements, Recurring | U.S. Treasury obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	199,696,000		199,898,000
Fair Value, Measurements, Recurring | GSE debentures
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	554,649,000		473,258,000
Fair Value, Measurements, Recurring | Asset backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	280,798,000
Fair Value, Measurements, Recurring | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	67,605,000		70,120,000
Fair Value, Measurements, Recurring | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	388,093,000		90,775,000
Fair Value, Measurements, Recurring | Capital trust notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	48,854,000		46,096,000
Fair Value, Measurements, Recurring | Other Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale			912,681,000
Fair Value, Measurements, Recurring | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	1,539,695,000
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	199,696,000		215,332,000
Total equity securities	15,108,000
Total securities	214,804,000
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Preferred stock
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale			15,434,000
Total equity securities	15,108,000
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. Treasury obligations
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	199,696,000		199,898,000
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale			215,332,000
Fair Value, Measurements, Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1) | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	199,696,000
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	3,923,187,000		3,316,095,000
Total equity securities	16,658,000
Total securities	3,939,845,000
Loans held for sale			35,258,000
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Mutual Funds and Common Stock
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale			17,100,000
Total equity securities	16,658,000
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | GSE certificates
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	1,923,416,000		2,068,842,000
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | GSE CMOs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	659,772,000		549,904,000
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Mortgage-Related Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	2,583,188,000		2,618,746,000
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | GSE debentures
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	554,649,000		473,258,000
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Asset backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	280,798,000
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	67,605,000		70,120,000
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	388,093,000		90,775,000
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Capital trust notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	48,854,000		46,096,000
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Other Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale			697,349,000
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2) | Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total securities available for sale	1,339,999,000
Fair Value, Measurements, Recurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Mortgage servicing rights	$ 2,505,000		$ 2,729,000
[1]	As equity securities have no contractual maturity, they have been excluded from this table.

Assets and Liabilities Measur61

Assets and Liabilities Measured at Fair Value on Recurring Basis (Parenthetical) (Detail) $ in Millions	Dec. 31, 2017USD ($)
Quoted Prices in Active Markets for Identical Assets (Level 1) | Treasury Options
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets-other	$ 1.9

Difference between Fair Value O

Difference between Fair Value Option and Unpaid Principal Balance (Detail) - USD ($)	Jun. 30, 2018	Dec. 31, 2017
Fair Value, Option, Quantitative Disclosures [Line Items]
Fair Value Carrying Amount	$ 0	$ 35,258,000
Aggregate Unpaid Principal		34,563,000
Fair Value Carrying Amount Less Aggregate Unpaid Principal		$ 695,000

Changes in Fair Value of MSRs (

Changes in Fair Value of MSRs (Detail) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2018	Jun. 30, 2017
Mortgage servicing rights
Fair Value, Option, Quantitative Disclosures [Line Items]
Mortgage Banking Income	[1]	$ (70)	$ (30,988)	$ (224)	$ (68,081)
[1]	Included in "Non-interest income."

Rollforward of Financial Instru

Rollforward of Financial Instruments Classified in Level Three of Valuation Hierarchy (Detail) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Interest rate lock commitments
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value, Beginning Balance		$ 982
Total Realized/Unrealized (Losses)/Gains Recorded in (Loss)/ Income		45
Total Realized/Unrealized (Losses)/Gain Recorded in Comprehensive (Loss) Income		0
Settlements		0
Transfers to/(from) level 3		0
Fair Value, Ending Balance		1,027
Change in Unrealized Gains/(Losses) Related to Instruments Held		1,027
Mortgage servicing rights
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Fair Value, Beginning Balance	$ 2,729	228,099
Total Realized/Unrealized (Losses)/Gains Recorded in (Loss)/ Income	(224)	(19,496)
Total Realized/Unrealized (Losses)/Gain Recorded in Comprehensive (Loss) Income	0	0
Issuances		11,983
Settlements	0	0
Transfers to/(from) level 3	0	0
Fair Value, Ending Balance	2,505	220,586
Change in Unrealized Gains/(Losses) Related to Instruments Held	$ (224)	$ (10,348)

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($)	6 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities, transfers out of Level 3	$ 0	$ 0

Significant Unobservable Inputs

Significant Unobservable Inputs used in Fair Value Measurement (Detail) - Mortgage servicing rights $ in Thousands		6 Months Ended
		Jun. 30, 2018USD ($)	Dec. 31, 2017USD ($)	Jun. 30, 2017USD ($)	Dec. 31, 2016USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Fair value		$ 2,505	$ 2,729	$ 220,586	$ 228,099
Valuation Technique, Discounted Cash Flow [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Valuation Technique		Discounted Cash Flow
Measurement Input, Constant Prepayment Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Significant Unobservable Input Value	[1]	0.1066
Measurement Input, Discount Rate [Member]
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Significant Unobservable Input Value		0.1200
[1]	Represents annualized loan repayment rate assumptions.

Assets and Liabilities Measur67

Assets and Liabilities Measured at Fair Value on Non-Recurring Basis (Detail) - Fair Value, Measurements, Nonrecurring - USD ($) $ in Thousands		Jun. 30, 2018		Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Certain impaired loans		$ 42,738	[1]	$ 45,837	[2]
Other assets	[3]			4,357
Total		42,738		50,194
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Certain impaired loans		42,738	[1]	45,837	[2]
Other assets	[3]			4,357
Total		$ 42,738		$ 50,194
[1]	Represents the fair value of impaired loans based on the value of the collateral and repossessed assets, based on the appraised value of the collateral subsequent to its initial classification as repossessed assets.
[2]	Represents the fair value of impaired loans, based on the value of the collateral.
[3]	Represents the fair value of repossessed assets, based on the appraised value of the collateral subsequent to its initial classification as repossessed assets.

Summary of Carrying Values, Est

Summary of Carrying Values, Estimated Fair Values and Fair Value Measurement Levels of Financial Instruments (Detail) - USD ($) $ in Thousands		Jun. 30, 2018	Dec. 31, 2017
Financial Assets:
Cash and cash equivalents		$ 2,204,397	$ 2,528,169
FHLB stock	[1]	653,075	603,819
Loans, net		39,287,173	38,265,183
Financial Liabilities:
Deposits		29,555,845	29,102,163
Borrowed funds		13,793,839	12,913,679
Financial Assets:
Cash and cash equivalents		2,204,397	2,528,169
FHLB stock	[1]	653,075	603,819
Loans, net		38,834,022	38,254,538
Financial Liabilities:
Deposits		29,503,131	29,044,852
Borrowed funds		13,649,155	12,780,653
Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial Assets:
Cash and cash equivalents		2,204,397	2,528,169
Financial Liabilities:
Deposits	[2]	19,249,326	20,458,517
Significant Other Observable Inputs (Level 2)
Financial Assets:
FHLB stock	[1]	653,075	603,819
Financial Liabilities:
Deposits	[3]	10,253,805	8,586,335
Borrowed funds		13,649,155	12,780,653
Significant Unobservable Inputs (Level 3)
Financial Assets:
Loans, net		$ 38,834,022	$ 38,254,538
[1]	Carrying value and estimated fair value are at cost.
[2]	Interest-bearing checking and money market accounts, savings accounts, and non-interest-bearing accounts.
[3]	Certificates of deposit.

Impact of Recent Accounting P69

Impact of Recent Accounting Pronouncements - Additional Information (Detail) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2017
Significant Accounting Policies [Line Items]
Federal corporate income tax rate	21.00%	35.00%
ASU 2018-02 | Retained Earnings
Significant Accounting Policies [Line Items]
Effect of adopting	$ 2,546
ASU 2018-02 | Accumulated Other Comprehensive Loss
Significant Accounting Policies [Line Items]
Effect of adopting	$ (2,546)