Flagstar Financial (FLG) 10-Q 8 Nov 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2018	Nov. 02, 2018
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
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 Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		490,340,462

Consolidated Statements of Cond

Consolidated Statements of Condition - USD ($) $ in Thousands		Sep. 30, 2018		Dec. 31, 2017
Assets:
Cash and cash equivalents		$ 1,731,754		$ 2,528,169
Securities:
Debt securities available-for-sale ($835,130 and $1,263,227 pledged, respectively)		4,764,283	[1]	3,531,427
Equity investments with readily determinable fair values, at fair value		31,724
Total securities		4,796,007		3,531,427
Loans held for sale				35,258
Loans held for investment, net of deferred loan fees and costs		39,838,271		38,387,971
Less: Allowance for loan losses		(159,655)		(158,046)
Loans held for investment, net		39,678,616		38,229,925
Total loans, net		39,678,616		38,265,183
Federal Home Loan Bank stock, at cost	[2]	654,939		603,819
Premises and equipment, net		352,518		368,655
Goodwill		2,436,131		2,436,131
Mortgage servicing rights ($0 and $2,729 measured at fair value, respectively)		1,254		6,100
Bank-owned life insurance		975,831		967,173
Other real estate owned and other repossessed assets		13,765		16,400
Other assets		605,839		401,138
Total assets		51,246,654		49,124,195
Deposits:
Interest-bearing checking and money market accounts		11,559,687		12,936,301
Savings accounts		4,826,845		5,210,001
Certificates of deposit		11,409,974		8,643,646
Non-interest-bearing accounts		2,522,778		2,312,215
Total deposits		30,319,284		29,102,163
Wholesale borrowings:
Federal Home Loan Bank advances		13,281,000		12,104,500
Repurchase agreements		200,000		450,000
Total wholesale borrowings		13,481,000		12,554,500
Junior subordinated debentures		359,422		359,179
Total borrowed funds		13,840,422		12,913,679
Other liabilities		292,933		312,977
Total liabilities		44,452,639		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 490,341,864 and 488,490,352 shares outstanding, respectively)		4,904		4,891
Paid-in capital in excess of par		6,091,749		6,072,559
Retained earnings		286,763		237,868
Treasury stock, at cost (97,206 and 581,749 shares, respectively)		(1,177)		(7,615)
Accumulated other comprehensive loss, net of tax:
Net unrealized (loss) gain on securities available for sale, net of tax of $12,495 and $(27,961), respectively		(29,859)		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 $20,510 and $32,121, respectively		(55,163)		(49,134)
Total accumulated other comprehensive loss, net of tax		(91,064)		(15,167)
Total stockholders' equity		6,794,015		6,795,376
Total liabilities and stockholders' equity		$ 51,246,654		$ 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 Co_2

Consolidated Statements of Condition (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Securities Available-for-sale, pledged	$ 835,130	$ 1,263,227
Mortgage servicing rights,fair value	$ 0	$ 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	490,341,864	488,490,352
Treasury stock, shares	97,206	581,749
Net unrealized (loss) gain on securities available for sale, tax	$ 12,495	$ (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	$ 20,510	$ 32,121

Consolidated Statements of Inco

Consolidated Statements of Income and Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Interest Income:
Mortgage and other loans	$ 368,264	$ 350,990	$ 1,092,637	$ 1,070,722
Securities and money market investments	56,880	42,685	154,164	121,147
Total interest income	425,144	393,675	1,246,801	1,191,869
Interest Expense:
Interest-bearing checking and money market accounts	44,497	27,620	119,246	71,413
Savings accounts	7,325	7,109	21,176	21,069
Certificates of deposit	51,249	27,649	121,298	73,786
Borrowed funds	72,567	54,954	201,322	166,572
Total interest expense	175,638	117,332	463,042	332,840
Net interest income	249,506	276,343	783,759	859,029
Net interest income after provision for (recovery of) loan losses	248,305	231,758	768,273	824,713
Non-Interest Income:
Bank-owned life insurance	7,302	8,314	20,424	21,170
Mortgage banking income		1,486		19,446
Net (loss) gain on securities	(41)		(810)	28,915
FDIC indemnification expense				(18,961)
Gain on sale of covered loans and mortgage banking operations		82,026		82,026
Other	8,424	9,130	26,815	34,958
Total non-interest income	22,922	108,928	68,485	191,537
Operating expenses:
Compensation and benefits	78,283	92,246	242,572	281,964
Occupancy and equipment	24,401	25,133	74,311	73,595
General and administrative	31,749	44,831	94,799	137,175
Total operating expenses	134,433	162,210	411,682	492,734
Amortization of core deposit intangibles		24		208
Total non-interest expense	134,433	162,234	411,682	492,942
Income before income taxes	136,794	178,452	425,076	523,308
Income tax expense	30,022	67,984	104,398	193,628
Net (Loss) income	106,772	110,468	320,678	329,680
Preferred stock dividends	8,207	8,207	24,621	16,414
Net income available to common shareholders	$ 98,565	$ 102,261	$ 296,057	$ 313,266
Basic earnings per common share	$ 0.20	$ 0.21	$ 0.60	$ 0.64
Diluted earnings per common share	$ 0.20	$ 0.21	$ 0.60	$ 0.64
Net income	$ 106,772	$ 110,468	$ 320,678	$ 329,680
Other comprehensive (loss) income, net of tax:
Change in net unrealized gain/loss on securities available for sale, net of tax of $8,738; $3,049; $40,456; and $(35,493), respectively	(20,790)	(4,285)	(69,047)	49,748
Change in the non-credit portion of OTTI losses recognized in other comprehensive income, net of tax of $0; $0; $(821); and $(13), respectively			(821)	20
Change in pension and post-retirement obligations, net of tax of $(547); $(870); $(11,611) and $(2,611), respectively	1,314	1,219	(6,029)	3,656
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	(19,476)	(3,066)	(75,897)	52,346
Total comprehensive income, net of tax	87,296	107,402	244,781	382,026
Fee Income
Non-Interest Income:
Fee income	7,237	7,972	22,056	23,983
Non-Covered Loans
Interest Expense:
Provision for (recovery of) losses	$ 1,201	$ 44,585	$ 15,486	58,017
Covered Loans
Interest Expense:
Provision for (recovery of) losses				$ (23,701)

Consolidated Statements of In_2

Consolidated Statements of Income and Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Change in net unrealized gain/loss on securities available for sale, tax	$ 8,738	$ 3,049	$ 40,456	$ (35,493)
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)	$ (870)	$ (11,611)	(2,611)
Reclassification adjustment for sales of available-for-sale securities, tax				$ 770

Consolidated Statement of Chang

Consolidated Statement of Changes in Stockholders' Equity - 9 months ended Sep. 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	320,678				320,678
Purchase of common stock (188,091 shares)						(2,428)
Other comprehensive loss, net of tax	(75,897)						(73,351)
Dividends paid on common stock ($0.51 per share)					(249,968)
Shares issued for restricted stock awards			13	(8,879)		8,866
Dividends paid on preferred stock ($47.82 per share)	(24,621)				(24,621)
Compensation expense related to restricted stock awards				28,069
Effect of adopting | ASU 2016-01					260
Effect of adopting | ASU 2018-02					2,546		(2,546)
Balance at end of period at Sep. 30, 2018	$ 6,794,015	$ 502,840	$ 4,904	$ 6,091,749	$ 286,763	$ (1,177)	$ (91,064)

Consolidated Statement of Cha_2

Consolidated Statement of Changes in Stockholders' Equity (Parenthetical)	9 Months Ended
	Sep. 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	$ 0.51
Dividends paid on preferred stock, per share | $ / shares	$ 47.82
Treasury Stock, at Cost:
Purchase of common stock, shares	188,091
Shares issued for restricted stock awards, shares	672,634

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash Flows from Operating Activities:
Net income	$ 320,678	$ 329,680
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	15,486	34,316
Depreciation	24,388	24,915
Amortization of discounts and premiums, net	(3,868)	(3,381)
Amortization of core deposit intangibles		208
Net gain on sales of securities		(28,915)
Gain on trading securities activity	(222)
Net gain on sales of loans	(124)	(87,200)
Stock-based compensation	28,069	27,283
Deferred tax expense (benefit)	35,105	(12,324)
Changes in operating assets and liabilities:
(Increase) decrease in other assets	(214,040)	536,552
(Decrease) increase in other liabilities	(21,101)	181,400
Purchases of securities held for trading	(141,615)
Proceeds from sales of securities held for trading	141,837
Origination of loans held for sale		(1,623,848)
Proceeds from sales of loans originated for sale	35,258	1,936,162
Net cash provided by operating activities	219,851	1,314,848
Cash Flows from Investing Activities:
Proceeds from repayment of securities held to maturity		175,375
Proceeds from repayment of securities available for sale	725,328	336,429
Proceeds from sales of securities held to maturity		547,925
Proceeds from sales of securities available for sale		246,209
Purchase of securities held to maturity		(13,030)
Purchase of securities available for sale	(2,095,742)	(390,932)
Redemption of Federal Home Loan Bank stock	57,101	79,254
Purchases of Federal Home Loan Bank stock	(108,221)	(67,794)
Proceeds from bank-owned life insurance	10,968
Proceeds from sales of loans	180,377	2,260,687
Other changes in loans, net	(1,644,430)	(664,320)
Purchase of premises and equipment, net	(8,251)	(26,722)
Net cash (used in) provided by investing activities	(2,882,870)	2,483,081
Cash Flows from Financing Activities:
Net increase in deposits	1,217,121	5,294
Net decrease in short-term borrowed funds		(460,000)
Proceeds from long-term borrowed funds	3,700,000
Repayments of long-term borrowed funds	(2,773,500)	(850,000)
Net proceeds from issuance of preferred stock		502,840
Cash dividends paid on common stock	(249,968)	(249,094)
Cash dividends paid on preferred stock	(24,621)	(16,414)
Payments relating to treasury shares received for restricted stock award tax payments	(2,428)	(10,978)
Net cash provided by (used in) financing activities	1,866,604	(1,078,352)
Net (decrease) increase in cash and cash equivalents	(796,415)	2,719,577
Cash and cash equivalents at beginning of period	2,528,169	557,850
Cash and cash equivalents at end of period	1,731,754	3,277,427
Supplemental information:
Cash paid for interest	444,444	330,182
Cash paid for income taxes	23,384	110,651
Non-cash investing and financing activities:
Transfers to repossessed assets from loans	3,124	9,558
Transfer of loans from held for investment to held for sale	180,253	1,881,532
Shares issued for restricted stock awards	$ 8,879	11,028
Securities transferred from held to maturity to available for sale		$ 3,040,305

Organization and Basis of Prese

Organization and Basis of Presentation	9 Months Ended
	Sep. 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. On October 1, 2018, we received regulatory approval to merge New York Commercial Bank, with and into New York Community Bank. The merger is expected to close during the fourth quarter of 2018. Once the merger is consummated, all 30 branches of New York Commercial Bank will operate as branches of New York Community Bank. 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	9 Months Ended
	Sep. 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 Nine Months Ended September 30, September 30, (in thousands, except share and per share amounts) 2018 2017 2018 2017 Net income available to common shareholders $98,565 $102,261 $296,057 $313,266 Less: Dividends paid on and earnings allocated to participating securities (1,219 ) (823 ) (3,735 ) (2,512 ) Earnings applicable to common stock $97,346 $101,438 $292,322 $310,754 Weighted average common shares outstanding 488,476,340 487,274,303 488,383,554 487,025,614 Basic earnings per common share $0.20 $0.21 $0.60 $0.64 Earnings applicable to common stock $97,346 $101,438 $292,322 $310,754 Weighted average common shares outstanding 488,476,340 487,274,303 488,383,554 487,025,614 Potential dilutive common shares -- -- -- -- Total shares for diluted earnings per share computation 488,476,340 487,274,303 488,383,554 487,025,614 Diluted earnings per common share and common share equivalents $0.20 $0.21 $0.60 $0.64

Reclassifications Out of Accumu

Reclassifications Out of Accumulated Other Comprehensive Loss	9 Months Ended
	Sep. 30, 2018
Reclassifications Out of Accumulated Other Comprehensive Loss	Note 3. Reclassifications Out of Accumulated Other Comprehensive Loss (in thousands) For the Nine Months Ended September 30, 2018 Details about Accumulated Other Comprehensive Loss Amount Reclassified (1) Affected Line Item in the Consolidated Statement of Operations and Comprehensive Income (Loss) 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 $ 186 Included in the computation of net periodic (credit) expense (2) Actuarial losses (5,615 ) Included in the computation of net periodic (credit) expense (2) (5,429 ) Total before tax 1,607 Tax benefit $ (3,822 ) Amortization of defined benefit pension plan items, net of tax Total reclassifications for the period $ (3,822 ) (1) Amounts in parentheses indicate expense items. (2) See Note 8, “Pension and Other Post-Retirement Benefits,” for additional information.

Securities

Securities	9 Months Ended
	Sep. 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 September 30, 2018 and December 31, 2017: September 30, 2018 (in thousands) Amortized Gross Gross Fair Value Debt securities available-for-sale Mortgage-Related Debt Securities: GSE certificates $ 1,892,104 $ 5,113 $ 33,361 $ 1,863,856 GSE CMOs 919,382 3,791 6,133 917,040 Total mortgage-related debt securities $ 2,811,486 $ 8,904 $ 39,494 $ 2,780,896 Other Debt Securities: GSE debentures $ 1,043,927 $ 632 $ 22,868 $ 1,021,691 Asset-backed securities (1) 387,782 1,075 534 388,323 Municipal bonds 69,276 100 1,877 67,499 Corporate bonds 445,902 10,384 655 455,631 Capital trust notes 48,265 6,639 4,661 50,243 Total other debt securities $ 1,995,152 $ 18,830 $ 30,595 $ 1,983,387 Total other securities available for sale (2) $ 4,806,638 $ 27,734 $ 70,089 $ 4,764,283 Equity securities: Preferred stock $ 15,292 $ -- $ 138 $ 15,154 Mutual funds and common stock (3) 16,874 376 680 16,570 Total equity securities $ 32,166 $ 376 $ 818 $ 31,724 Total securities $ 4,838,804 $ 28,110 $ 70,907 $ 4,796,007 (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 (in thousands) Amortized Gross Gross 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 September 30, 2018 and December 31, 2017, respectively, the Company had $654.9 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 Nine Months Ended September 30, (in thousands) 2018 2017 Gross proceeds $-- $246,209 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). (in thousands) For the Nine Months Ended September 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 49 Ending credit loss amount as of September 30, 2018 $196,284 The following table summarizes, by contractual maturity, the amortized cost of securities at September 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 $ -- --% $ -- --% $ 149 6.51% $ -- --% $ 151 Due from one to five years 1,378,471 3.31 6,950 3.84 294 6.63 78,787 3.64 1,463,371 Due from five to ten years 326,275 3.44 927,006 3.33 -- -- 367,115 4.02 1,605,017 Due after ten years 1,106,740 3.19 109,971 3.68 68,833 2.88 436,047 3.23 1,695,744 Total debt securities available for sale $ 2,811,486 3.28% $ 1,043,927 3.37% $ 69,276 2.90% $ 881,949 3.60% $ 4,764,283 (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 September 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. Government agency and GSE obligations $ 992,186 $ 22,868 $ -- $ -- $ 992,186 $ 22,868 GSE certificates 1,209,277 31,983 18,248 1,378 1,227,525 33,361 GSE CMOs 488,185 6,133 -- -- 488,185 6,133 Asset-backed securities 77,000 534 -- -- 77,000 534 Municipal bonds 5,884 14 50,082 1,863 55,966 1,877 Corporate bonds 160,268 655 -- -- 160,268 655 Capital trust notes -- -- 39,109 4,661 39,109 4,661 Equity securities 19,105 196 11,184 622 30,289 818 Total temporarily impaired securities $ 2,951,905 $ 62,383 $ 118,623 $ 8,524 $ 3,070,528 $ 70,907 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 September 30, 2018, the Company had unrealized losses on certain GSE obligations, municipal bonds, corporate bonds, asset-backed securities, capital trust notes, and equity securities. The unrealized losses on the Company’s GSE obligations, municipal bonds, corporate bonds, asset-backed securities and capital trust notes at September 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 September 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 September 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 September 30, 2018, the fair value of securities having a continuous loss position for twelve months or more was 6.7% below the collective amortized cost of $127.1 million. At December 31, 2017, the fair value of such securities was 8.5% below the collective amortized cost of $118.2 million. At September 30, 2018 and December 31, 2017, the combined market value of the respective securities represented unrealized losses of $8.5 million and $10.1 million, respectively.

Loans

Loans	9 Months Ended
	Sep. 30, 2018
Loans	Note 5. Loans The following table sets forth the composition of the loan portfolio at the dates indicated: September 30, 2018 December 31, 2017 Amount Percent of Amount Percent of (dollars in thousands) Loans Held for Investment: Mortgage Loans: Multi-family $ 29,546,399 74.22% $ 28,074,709 73.19% Commercial real estate 7,033,629 17.67 7,322,226 19.09 One-to-four 456,317 1.15 477,228 1.24 Acquisition, development, and construction 433,976 1.09 435,825 1.14 Total mortgage loans held for investment 37,470,321 94.13 $ 36,309,988 94.66 Other Loans: Commercial and industrial 1,622,983 4.08 1,377,964 3.59 Lease financing, net of unearned income of $55,056 and $65,041, respectively 703,696 1.77 662,610 1.73 Total commercial and industrial loans (1) 2,326,679 5.85 2,040,574 5.32 Other 9,031 0.02 8,460 0.02 Total other loans held for investment 2,335,710 5.87 2,049,034 5.34 Total loans held for investment $ 39,806,031 100.00% $ 38,359,022 100.00% Net deferred loan origination costs 32,240 28,949 Allowance for losses on non-covered (159,655 ) (158,046 ) Loans held for investment, net $ 39,678,616 $ 38,229,925 Loans held for sale -- 35,258 Total loans, net $ 39,678,616 $ 38,265,183 (1) Includes specialty finance loans and leases of $1.8 billion at September 30, 2018 and $1.5 billion at December 31, 2017, and other C&I loans of $482.4 million and $500.8 million, respectively, at September 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 September 30, 2018 were loans of $55.3 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 September 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 September 30, 2018: (in thousands) Loans 30-89 Days Non- Loans Total Current Total Loans Multi-family $ 288 $ 5,236 $ -- $ 5,524 $ 29,540,875 $ 29,546,399 Commercial real estate 567 4,547 -- 5,114 7,028,515 7,033,629 One-to-four 1,967 1,665 -- 3,632 452,685 456,317 Acquisition, development, and construction -- -- -- -- 433,976 433,976 Commercial and industrial (1) (2) 534 42,611 -- 43,145 2,283,534 2,326,679 Other 297 13 -- 310 8,721 9,031 Total $ 3,653 $ 54,072 $ -- $ 57,725 $ 39,748,306 $ 39,806,031 (1) Includes $534,000 and $41.3 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: (in thousands) Loans 30-89 Days Non- Loans Total Current Total Loans 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 September 30, 2018: Mortgage Loans Other Loans (in thousands) Multi- Commercial One-to- Four Acquisition, Total Commercial (1) Other Total Other Credit Quality Indicator: Pass $ 29,176,497 $ 6,934,670 $ 451,012 $ 343,134 $ 36,905,313 $ 2,224,744 $ 9,018 $ 2,233,762 Special mention 289,820 93,168 2,723 81,290 467,001 33,202 -- 33,202 Substandard 80,082 5,791 2,582 9,552 98,007 68,733 13 68,746 Doubtful -- -- -- -- -- -- -- -- Total $ 29,546,399 $ 7,033,629 $ 456,317 $ 433,976 $ 37,470,321 $ 2,326,679 $ 9,031 $ 2,335,710 (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 (in thousands) Multi- Commercial One-to- Four Acquisition, Total Commercial (1) Other Total Other 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 September 30, 2018, loans on which concessions were made with respect to rate reductions and/or extension of maturity dates amounted to $38.7 million; loans on which forbearance agreements were reached amounted to $1.4 million. The following table presents information regarding the Company’s TDRs as of September 30, 2018 and December 31, 2017: September 30, 2018 December 31, 2017 (in thousands) Accruing Non-Accrual Total Accruing Non-Accrual Total Loan Category: Multi-family $ 812 $ 5,002 $ 5,814 $ 824 $ 8,061 $ 8,885 Commercial real estate -- -- -- -- 368 368 One-to-four -- 1,033 1,033 -- 1,066 1,066 Acquisition, development, and construction 9,552 -- 9,552 8,652 -- 8,652 Commercial and industrial -- 23,714 23,714 177 26,408 26,585 Total $ 10,364 $ 29,749 $ 40,113 $ 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 September 30, 2018 and 2017 are summarized as follows: For the Three Months Ended September 30, 2018 (dollars in thousands) Weighted Average Number Pre-Modification Post-Modification Pre- Post- Charge-off Capitalized Loan Category: Commercial and industrial 6 1,848 $ 1,212 3.36 % 3.28 % $ 545 $ -- For the Three Months Ended September 30, 2017 (dollars in thousands) Weighted Average Number Pre-Modification Post-Modification Pre- Post- Charge-off Capitalized Loan Category: Acquisition, development, and construction 2 $ 8,652 $ 8,652 5.50 % 5.50 % $ -- $ -- Commercial and industrial 22 18,002 7,620 3.18 2.91 6,350 -- Total 24 $ 26,654 $ 16,272 $ 6,350 $ -- The financial effects of the Company’s TDRs for the nine months ended September 30, 2018 and 2017 are summarized as follows: For the Nine Months Ended September 30, 2018 (dollars in thousands) Weighted Average Number Pre-Modification Post-Modification Pre- Post- Charge-off Capitalized Loan Category: Acquisition, development, and construction 1 $ 900 $ 900 4.50 % 4.50 % $ -- $ -- Commercial and industrial 18 6,914 4,386 3.30 3.18 2,308 -- Total 19 $ 7,814 $ 5,286 $ 2,308 $ -- For the Nine Months Ended September 30, 2017 (dollars in thousands) Weighted Average Number Pre-Modification Post-Modification Pre- Post- Charge-off Capitalized Loan Category: One-to-four 4 $ 810 $ 990 5.93 % 2.21 % $ -- $ 12 Acquisition, development, and construction 2 8,652 8,652 5.50 5.50 -- -- Commercial and industrial 52 48,716 23,673 3.36 3.29 11,079 -- Total 58 $ 58,178 $ 33,315 $ 11,079 $ 12 At September 30, 2018, five C&I loans, in the amount of $1.1 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	9 Months Ended
	Sep. 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 September 30, 2018: Loans collectively evaluated for impairment $ 128,816 $ 30,839 $ 159,655 (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 September 30, 2018: Loans individually evaluated for impairment $ 21,418 $ 43,486 $ 64,904 Loans collectively evaluated for impairment 37,448,903 2,292,224 39,741,127 Total $ 37,470,321 $ 2,335,710 $ 39,806,031 (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 Nine Months Ended September 30, 2018 2017 (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 (5,445 ) (9,705 ) (15,150 ) (375 ) (58,203 ) (58,578 ) Recoveries 242 1,031 1,273 595 594 1,189 Provision for (recovery of) non-covered 5,744 9,742 15,486 (3,114 ) 61,131 58,017 Balance, end of period $ 128,816 $ 30,839 $ 159,655 $ 122,522 $ 36,396 $ 158,918 The following table presents additional information about the Company’s impaired loans at September 30, 2018: (in thousands) Recorded Unpaid Related Average Interest Impaired loans with no related allowance: Multi-family $ 5,815 $ 8,676 $ -- $ 7,282 $ 323 Commercial real estate 4,386 9,501 -- 3,955 62 One-to-four 1,665 1,719 -- 1,812 36 Acquisition, development, and construction 9,552 10,452 -- 11,102 441 Other 43,486 107,101 -- 46,092 2,428 Total impaired loans with no related allowance $ 64,904 $ 137,449 $ -- $ 70,243 $ 3,290 Impaired loans with an allowance recorded: Multi-family $ -- $ -- $ -- $ -- $ -- Commercial real estate -- -- -- -- -- One-to-four -- -- -- -- -- Acquisition, development, and construction -- -- -- -- -- Other -- -- -- 20 -- Total impaired loans with an allowance recorded $ -- $ -- $ -- $ 20 $ -- Total impaired loans: Multi-family $ 5,815 $ 8,676 $ -- $ 7,282 $ 323 Commercial real estate 4,386 9,501 -- 3,955 62 One-to-four 1,665 1,719 -- 1,812 36 Acquisition, development, and construction 9,552 10,452 -- 11,102 441 Other 43,486 107,101 -- 46,112 2,428 Total impaired loans $ 64,904 $ 137,449 $ -- $ 70,263 $ 3,290 The following table presents additional information about the Company’s impaired loans at December 31, 2017: (in thousands) Recorded Unpaid Related Average Interest 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	9 Months Ended
	Sep. 30, 2018
Borrowed Funds	Note 7. Borrowed Funds The following table summarizes the Company’s borrowed funds at the dates indicated: (in thousands) September 30, 2018 December 31, Wholesale Borrowings: FHLB advances $ 13,281,000 $ 12,104,500 Repurchase agreements 200,000 450,000 Total wholesale borrowings $ 13,481,000 $ 12,554,500 Junior subordinated debentures 359,422 359,179 Total borrowed funds $ 13,840,422 $ 12,913,679 The following table summarizes the Company’s repurchase agreements accounted for as secured borrowings at September 30, 2018: Remaining Contractual Maturity of the Agreements (in thousands) Overnight and Up to 30–90 Days Greater than GSE obligations $ -- $ -- $ -- $ 200,000 At September 30, 2018 and December 31, 2017, the Company had $359.4 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 September 30, 2018: Issuer Interest of Capital Junior Capital Date of Original Issue Stated First Optional (dollars in thousands) New York Community Capital Trust V (BONUSES SM 6.000% $ 145,496 $ 139,145 Nov. 4, 2002 Nov. 1, 2051 Nov. 4, 2007 (1) New York Community Capital Trust X 3.934 123,712 120,000 Dec. 14, 2006 Dec. 15, 2036 Dec. 15, 2011 (2) PennFed Capital Trust III 5.584 30,928 30,000 June 2, 2003 June 15, 2033 June 15, 2008 (2) New York Community Capital Trust XI 4.046 59,286 57,500 April 16, 2007 June 30, 2037 June 30, 2012 (2) Total junior subordinated debentures $ 359,422 $ 346,645 (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	9 Months Ended
	Sep. 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 September 30, 2018 2017 (in thousands) Pension Post- Pension Post- 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 Nine Months Ended September 30, 2018 2017 (in thousands) Pension Post- Pension Post- Components of net periodic (credit) expense: (1) Interest cost $ 3,814 $ 384 $ 4,211 $ 433 Expected return on plan assets (12,106) -- (12,217) -- Amortization of prior-service costs -- (186) -- (187) Amortization of net actuarial loss 5,386 229 6,157 206 Net periodic (credit) expense $ (2,906) $ 427 $ (1,849) $ 452 (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	9 Months Ended
	Sep. 30, 2018
Stock-Based Compensation	Note 9. Stock-Based Compensation At September 30, 2018, the Company had a total of 4,844,468 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 2,535,523 shares of restricted stock during the nine months ended September 30, 2018. The shares had an average fair value of $13.51 per share on the date of grant and a vesting period of five years. The nine-month amount includes 77,000 shares that were granted in the third quarter with an average fair value of $10.94 per share on the date of grant. Compensation and benefits expense related to the restricted stock grants is recognized on a straight-line basis over the vesting period and totaled $28.1 million and $27.3 million, respectively, in the nine months ended September 30, 2018 and 2017, including $9.4 million and $9.1 million in the three months ended at those dates. The following table provides a summary of activity with regard to restricted stock awards in the nine months ended September 30, 2018: Number of Shares Weighted Average Unvested at beginning of year 5,574,167 $ 15.38 Granted 2,535,523 13.51 Vested (842,202 ) 15.16 Canceled (233,640 ) 14.87 Unvested at end of period 7,033,848 14.75 As of September 30, 2018, unrecognized compensation cost relating to unvested restricted stock totaled $81.9 million. This amount will be recognized over a remaining weighted average period of 3.1 years.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 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 September 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 September 30, 2018 (in thousands) Quoted Prices Significant Significant Netting (1) Total Assets: Mortgage-Related Debt Securities Available for Sale: GSE certificates $ -- $ 1,863,856 $ -- $ -- $ 1,863,856 GSE CMOs -- 917,040 -- -- 917,040 Total mortgage-related debt securities $ -- $ 2,780,896 $ -- $ -- $ 2,780,896 Other Debt Securities Available for Sale: GSE debentures $ -- $ 1,021,691 $ -- $ -- $ 1,021,691 Asset-backed securities -- 388,323 -- -- 388,323 Municipal bonds -- 67,499 -- -- 67,499 Corporate bonds -- 455,631 -- -- 455,631 Capital trust notes -- 50,243 -- -- 50,243 Total other debt securities $ -- $ 1,983,387 $ -- $ -- $ 1,983,387 Total debt securities available for sale $ -- $ 4,764,283 $ -- $ -- $ 4,764,283 Equity securities: Preferred stock $ 15,154 $ -- $ -- $ -- $ 15,154 Mutual funds and common stock -- 16,570 -- -- 16,570 Total equity securities $ 15,154 $ 16,570 $ -- $ -- $ 31,724 Total securities $ 15,154 $ 4,780,853 $ -- $ -- $ 4,796,007 Fair Value Measurements at December 31, 2017 (in thousands) Quoted Prices Significant Significant Netting (1) Total 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: September 30, 2018 December 31, 2017 (in thousands) Fair Value Aggregate Fair Value Fair Value Aggregate Fair Value 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 Nine Months (in thousands) 2018 2017 2018 2017 Loans held for sale $ -- $ 464 $ -- $ 1,059 Mortgage servicing rights -- (9,743) (224) (20,092) Total loss $ -- $ (9,279) $ (224) $ (19,033) (1) Included in “Non-interest Changes in Level 3 Fair Value Measurements The following tables present, for the nine months ended September 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: (in thousands) Fair Value Total Realized/Unrealized Issuances Settlements Transfers Fair Value at Change in Comprehensive Mortgage servicing rights $2,729 $(224) $-- $-- $(2,505) $-- $-- $-- (in thousands) Fair Value Total Realized/Unrealized Issuances Settlements Transfers Fair Value at Change in Comprehensive Mortgage servicing rights $ 228,099 $ (34,544 ) $ -- $ 18,054 $ (208,827 ) $ -- $ 2,782 $ (182 ) Interest rate lock commitments 982 (713 ) -- -- -- -- 269 269 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 nine months ended September 30, 2018 or 2017. 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 September 30, 2018 Using (in thousands) Quoted Prices in Significant Other Significant Total Fair Certain impaired loans (1) $ -- $ -- $ 41,636 $ 41,636 Other assets -- -- 667 667 Total $ -- $ -- $ 42,303 $ 42,303 (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 (in thousands) Quoted Prices in Significant Other Significant Total Fair 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 September 30, 2018 and December 31, 2017: September 30, 2018 Fair Value Measurement Using (in thousands) Carrying Estimated Quoted Prices in Significant Significant Financial Assets: Cash and cash equivalents $ 1,731,754 $ 1,731,754 $ 1,731,754 $ -- $ -- FHLB stock (1) 654,939 654,939 -- 654,939 -- Loans, net 39,678,616 38,940,057 -- -- 38,940,057 Financial Liabilities: Deposits $ 30,319,284 30,279,953 $ 18,909,310 (2) $ 11,370,643 (3) $ -- Borrowed funds 13,840,422 13,693,629 -- 13,693,629 -- (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 (in thousands) Carrying Estimated Quoted Prices in Significant Significant 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

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2018
Subsequent Events	Note 11. Subsequent Events On November 6, 2018, the Company completed the offering of $300 million in fixed-to-floating

Impact of Recent Accounting Pro

Impact of Recent Accounting Pronouncements	9 Months Ended
	Sep. 30, 2018
Impact of Recent Accounting Pronouncements	Note 12. Impact of Recent Accounting Pronouncements Recently Adopted Accounting Standards The Company early adopted ASU No. 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income, effective January 1, 2018. ASU No. 2018-02 addresses a narrow-scope financial reporting issue that arose as a consequence of the enactment of the Tax Cuts and Jobs Act of 2017. ASU No. 2018-02 permits an election to reclassify from accumulated other comprehensive income (loss) to retained earnings the standard tax effects resulting from the difference between the historical federal corporate income tax rate of 35% and the newly enacted 21% federal corporate income tax rate. Effective January 1, 2018, the Company recorded a reclassification adjustment of $2.5 million decreasing AOCL and increasing retained earnings. The Company’s only components of AOCL are the fair value adjustment for securities available for sale and the tax effected related pension and post-retirement obligations. The Company early adopted ASU No. 2017-12, Targeted Improvements to Accounting for Hedging Activities, effective January 1, 2018. ASU No. 2017-12 changes the recognition and presentation requirements as well as the cost and complexity of applying hedge accounting by easing the requirements for effectiveness testing and hedge documentation. As the Company currently has no identified accounting hedges in place, adoption of ASU No. 2017-12 had no impact on the Company’s Consolidated Statements of Condition, results of operations, or cash flows. The Company adopted ASU No. 2017-09, Compensation—Stock Compensation (Topic 718) as of January 1, 2018. The ASU’s amendments are applied prospectively to awards modified on or after the effective date. ASU No. 2017-09 clarifies when changes to the terms or conditions of a share-based payment award should be accounted for as a modification. Modification accounting is applied only if the fair value, the vesting conditions, and the classification of the award (as an equity or liability instrument) change as a result of the change in terms or conditions. The adoption of ASU No. 2017-09 did not have an effect on the Company’s Consolidated Statements of Condition, results of operations, or cash flows. The Company adopted ASU No. 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Post-retirement Benefit Cost, on January 1, 2018. ASU No. 2017-07 requires companies to present the service cost component of net benefit cost in the income statement line items where they report compensation cost, and all other components of net benefit cost in the income statement separately from the service cost component and outside of operating income, if this subtotal is presented. Additionally, the service cost component is the only component that can be capitalized. The standard required retrospective application for the amendments related to the presentation of the service cost component and other components of net benefit cost, and prospective application for the amendments related to the capitalization requirements for the service cost components of net benefit cost. The adoption of ASU No. 2017-07 did not have a material effect on the Company’s Consolidated Statements of Condition, results of operations, or cash flows. The Company adopted ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash, on January 1, 2018, with retrospective application. ASU No. 2016-18 requires that the reconciliation of the beginning-of-period and end-of-period cash and cash equivalent amounts shown on the statement of cash flows include restricted cash and restricted cash equivalents. If restricted cash and restricted cash equivalents are presented separately from cash and cash equivalents on the balance sheet, entities are required to reconcile the amounts presented on the statement of cash flows to the amounts on the balance sheet. Entities are also required to disclose information regarding the nature of the restrictions. The adoption of ASU No. 2016-18 did not have a material impact on the Company’s financial position or results of operations, or cash flows. The Company adopted ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments on January 1, 2018 with retrospective application. ASU No. 2016-15 addresses the following cash flow issues: debt prepayment or debt extinguishment costs; settlement of zero-coupon debt instruments or other debt instruments with coupon interest rates that are insignificant in relation to the effective interest rate of the borrowing; contingent consideration payments made after a business combination; proceeds from the settlement of insurance claims; proceeds from the settlement of corporate-owned life insurance policies (including BOLI policies); distributions received from equity method investees; beneficial interests in securitization transactions; and separately identifiable cash flows and application of the predominance principle. The adoption of ASU No. 2016-15 did not have a material effect on the Company’s Consolidated Statements of Condition, results of operations, or cash flows. The Company adopted ASU No. 2016-01, Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities by means of a cumulative-effect adjustment as of January 1, 2018. ASU No. 2016-01 provides targeted improvements to GAAP including, amongst other improvements, the requirement for equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income, thus eliminating eligibility for the available-for-sale category. FHLB stock, however, is not in the scope of ASU No. 2016-01 and will continue to be presented at historical cost. Upon adoption, an immaterial amount of unrealized losses related to the in-scope equity securities was reclassified from other comprehensive loss to retained earnings and equity investments were reclassified from securities available for sale to other assets with their related market value changes reflected in earnings for the nine months ended September 30, 2018. In addition, the fair value disclosures for financial instruments in Note 10 are computed using an exit price notion as required by ASU No. 2016-01. The Company adopted ASU No. 2014-09, Revenue from Contracts with Customers and its amendments which established ASC Topic 606, Revenue from Contracts with Customers, on January 1, 2018 using the modified retrospective approach. In summary, the core principle of ASC Topic 606 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The Company’s revenue streams that are covered by ASC Topic 606 are primarily fees earned in connection with performing services for our customers such as investment advisor fees, wire transfer fees, and bounced check fees. Such fees are either satisfied over time if the service is performed over a period of time (as with investment advisor fees or safe deposit box rental fees), or satisfied at a point in time (as with wire transfer fees and bounced check fees). The Company recognizes fees for services performed over the time period to which the fees relate. The Company recognizes fees earned at a point in time on the day the fee is earned. The modified retrospective approach includes presenting the cumulative effect of initial application, if any, along with supplementary disclosures, if any. The Company did not record a cumulative effect adjustment upon adoption of the standard. Recently Issued Accounting Standards In March 2017, the FASB issued ASU No. 2017-08, Receivables—Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities. ASU No. 2017-08 specifies that the premium amortization period ends at the earliest call date, rather than the contractual maturity date, for purchased non-contingently callable debt securities. Shortening the amortization period is generally expected to more closely align the interest income recognition with the expectations incorporated in the market pricing of the underlying securities. The shorter amortization period means that interest income would generally be lower in the periods before the earliest call date and higher thereafter (if the security is not called) compared to current GAAP. Currently, the premium is amortized to the contractual maturity date under GAAP. Because the premium will be amortized to the earliest call date, the holder will not recognize a loss in earnings for the unamortized premium when the call is exercised. ASU No. 2017-08 is effective for annual and interim periods in fiscal years beginning after December 15, 2018. ASU No. 2017-08 specifies that the transition approach to the standard be accounted for on a modified retrospective basis with a cumulative effect adjustment through retained earnings as of the beginning of the period of adoption. The Company plans to adopt ASU No. 2017-08 effective January 1, 2019 and the adoption is not expected to have a material effect on the Company’s Consolidated Statements of Condition, results of operations, or cash flows. In January 2017, the FASB issued ASU No. 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. ASU No. 2017-04 eliminates the second step of the goodwill impairment test which requires an entity to determine the implied fair value of the reporting unit’s goodwill. Instead, an entity will recognize an impairment loss if the carrying value of the net assets assigned to the reporting unit exceeds the fair value of the reporting unit, with the impairment loss not to exceed the amount of goodwill recorded. ASU No. 2017-04 does not amend the optional qualitative assessment of goodwill impairment. ASU No. 2017-04 is effective for annual and interim periods in fiscal years beginning after December 15, 2019, with early adoption permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company plans to adopt ASU No. 2017-04 prospectively beginning January 1, 2020 and the impact of its adoption on the Company’s Consolidated Statements of Condition, results of operations, or cash flows will be dependent upon goodwill impairment determinations made after that date. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. ASU No. 2016-13 amends guidance on reporting credit losses for assets held on an amortized cost basis and available-for-sale debt securities. For assets held at amortized cost, ASU No. 2016-13 eliminates the probable initial recognition threshold in current GAAP and, instead, requires an entity to reflect its current estimate of all expected credit losses. Current GAAP requires an “incurred loss” methodology for recognizing credit losses that delays recognition until it is probable a loss has been incurred. The amendments in ASU No. 2016-13 replace the incurred loss impairment methodology in current GAAP with a methodology that reflects the measurement of expected credit losses based on relevant information about past events, including historical loss experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amounts. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial assets to present the net amount expected to be collected. For available-for-sale debt securities, credit losses should be measured in a manner similar to current GAAP; however, ASU No. 2016-13 will require that credit losses be presented as an allowance rather than as a write-down. The amendments affect loans, debt securities, trade receivables, net investments in leases, off-balance sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. For public business entities that are SEC filers, the amendments in ASU No. 2016-13 are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. An entity will apply the amendments in ASU No. 2016-13 through a cumulative-effect adjustment to retained earnings as of January 1, 2020 (that is, a modified-retrospective approach). A prospective transition approach is required for debt securities for which an OTTI had been recognized before the effective date. The effect of a prospective transition approach is to maintain the same amortized cost basis before and after the effective date of ASU No. 2016-13. Amounts previously recognized in accumulated other comprehensive income (loss) as of the date of adoption that relate to improvements in cash flows expected to be collected should continue to be accreted into income over the remaining life of the asset. Recoveries of amounts previously written off relating to improvements in cash flows after the date of adoption should be recorded in earnings when received. Financial assets for which the guidance in Subtopic 310-30, Receivables—Loans and Debt Securities Acquired with Deteriorated Credit Quality (PCD assets), has previously been applied, should prospectively apply the guidance in ASU No. 2016-13 for PCD assets. A prospective transition approach should be used for PCD assets where upon adoption, the amortized cost basis should be adjusted to reflect the addition of the allowance for credit losses. This transition relief will avoid the need for a reporting entity to reassess its purchased financial assets that exist as of the date of adoption to determine whether they would have met at acquisition the new criteria of more-than insignificant credit deterioration since origination. The transition relief also will allow an entity to accrete the remaining noncredit discount (based on the revised amortized cost basis) into interest income at the effective interest rate at the adoption date of ASU No. 2016-13. The same transition requirements should be applied to beneficial interests that previously applied Subtopic 310-30 or have a significant difference between contractual cash flows and expected cash flows. The Company is evaluating ASU No. 2016-13 and has a working group with multiple members from applicable departments to evaluate the requirements of the new standard, planning for loss modeling requirements consistent with lifetime expected loss estimates, and assessing the impact it will have on current processes. This evaluation includes a review of existing credit models to identify areas where existing credit models used to comply with other regulatory requirements may be leveraged and areas where new models may be required. The adoption of ASU No. 2016-13 could have a material effect on the Company’s Consolidated Statements of Condition and results of operations. The extent of the impact upon adoption will likely depend on the characteristics of the Company’s loan portfolio and economic conditions at that date, as well as forecasted conditions thereafter. In February 2016, the FASB issued ASU No. 2016-02, Leases (“Topic 842”), and subsequently issued three amendments to the ASU: ASU No. 2018-01, Leases (Topic 842): Land Easement Practical Expedient Transition to Topic 842; ASU 2018-10, Codification Improvements to Topic 842, Leases; and ASU 2018-11, Leases (Topic 842): Targeted Improvements. The Company will adopt the ASUs as of January 1, 2019. Topic 842 is intended to improve financial reporting about leasing transactions and the key provision impacting the Company is the requirement for a lessee to record a right-of-use asset and a liability, which represents the obligation to make lease payments for long-term operating leases. Additionally, the ASU includes quantitative and qualitative disclosures required by lessees and lessors to help financial statement users better understand the amount, timing, and uncertainty of cash flows arising from leases. The Company has the option to recognize and measure leases using one of two transition methods: either at the beginning of the earliest period presented using a modified retrospective approach, or by initially applying the standard at the adoption date and recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. Topic 842 includes a number of optional practical expedients that entities may elect to apply. The Company’s working group, comprised of associates from disciplines such as Vendor Risk Management, Real Estate, Technology, and Accounting, has completed its review for embedded leases in the Company’s contractual arrangements in an effort to identify the Company’s full lease population. To date, we have found only an immaterial amount of embedded leases in our non-lease contracts. We are presently evaluating all of our leases for compliance with the new lease accounting rules and as a lessor and lessee, we do not anticipate the classification of our leases to change. However, the Company’s assets and liabilities will increase by an immaterial amount based on the present value of remaining lease payments for leases in place at the adoption date. The Company is currently reviewing vendor software solutions to provide a lease accounting package that will prepare the financial statement adjustments and disclosures required by Topic 842. In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement. The purpose of ASU 2018-13 is to improve the effectiveness of disclosures in the notes to financial statements by facilitating clear communication of the information required by GAAP that is most important to users of each entity’s financial statements. The amendments in ASU 2018-13 are effective for the Company as of January 1, 2020. Early adoption is permitted and an entity is permitted to early adopt any removed or modified disclosures upon issuance of the ASU and delay adoption of the additional disclosures until their effective date. The amendments removed the disclosure requirements for transfers between Levels 1 and 2 of the fair value hierarchy, the disclosure of the policy for timing of transfers between levels of the fair value hierarchy, and the disclosure of the valuation processes for Level 3 fair value measurements. Additionally, the amendments modified the disclosure requirements for investments in certain entities that calculate net asset value and measurement uncertainty. Finally, the amendments added disclosure requirements for the changes in unrealized gains and losses included in other comprehensive income for recurring Level 3 fair value measurements and the range and weighted average of significant unobservable inputs used to develop Level 3 measurements. The amendments on changes in unrealized gains and losses, the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements and the narrative description of measurement uncertainty should be applied prospectively for only the most recent interim or annual period presented in the initial fiscal year of adoption. All other amendments should be applied retrospectively to all periods presented upon their effective date. The adoption of ASU 2018-13 is not expected to have a material effect on the Company’s Consolidated Statements of Condition, results of operations, or cash flows. In August 2018, the FASB issued ASU No. 2018-15, Intangibles – Goodwill and Other – Internal Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement that is a Service Contract. ASU 2018-15 aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). The accounting for the service element of a hosting arrangement that is a service contract is not affected by the amendment. The amendment is effective for the Company as of January 2, 2020. The Company is still assessing the potential impact of ASU 2018-15 and whether to adopt the provisions prior to January 1, 2020. In October 2018, the FASB issued ASU 2018-16, Derivatives and Hedging (“Topic 815”) – Inclusion of the Secured Overnight Financing Rate (“SOFR”) Overnight Index Swap (“OIS”) Rate as a Benchmark Interest Rate for Hedging Accounting Purposes. The purpose of ASU 2018-16 is to permit the use of the OIS rate based on SOFR as a U.S. benchmark interest rate for hedge accounting purposes under Topic 815. The amendments in ASU 2018-16 are effective for the Company as of January 1, 2019. The amendments in ASU 2018-16 should be applied prospectively for qualifying new or redesignated hedging relationships entered into on or after the date of adoption. The adoption of ASU 2018-16 is not expected to have a material impact on the Company’s consolidated financial statements.

Organization and Basis of Pre_2

Organization and Basis of Presentation (Policies)	9 Months Ended
	Sep. 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, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income, effective January 1, 2018. ASU No. 2018-02 addresses a narrow-scope financial reporting issue that arose as a consequence of the enactment of the Tax Cuts and Jobs Act of 2017. ASU No. 2018-02 permits an election to reclassify from accumulated other comprehensive income (loss) to retained earnings the standard tax effects resulting from the difference between the historical federal corporate income tax rate of 35% and the newly enacted 21% federal corporate income tax rate. Effective January 1, 2018, the Company recorded a reclassification adjustment of $2.5 million decreasing AOCL and increasing retained earnings. The Company’s only components of AOCL are the fair value adjustment for securities available for sale and the tax effected related pension and post-retirement obligations. The Company early adopted ASU No. 2017-12, Targeted Improvements to Accounting for Hedging Activities, effective January 1, 2018. ASU No. 2017-12 changes the recognition and presentation requirements as well as the cost and complexity of applying hedge accounting by easing the requirements for effectiveness testing and hedge documentation. As the Company currently has no identified accounting hedges in place, adoption of ASU No. 2017-12 had no impact on the Company’s Consolidated Statements of Condition, results of operations, or cash flows. The Company adopted ASU No. 2017-09, Compensation—Stock Compensation (Topic 718) as of January 1, 2018. The ASU’s amendments are applied prospectively to awards modified on or after the effective date. ASU No. 2017-09 clarifies when changes to the terms or conditions of a share-based payment award should be accounted for as a modification. Modification accounting is applied only if the fair value, the vesting conditions, and the classification of the award (as an equity or liability instrument) change as a result of the change in terms or conditions. The adoption of ASU No. 2017-09 did not have an effect on the Company’s Consolidated Statements of Condition, results of operations, or cash flows. The Company adopted ASU No. 2017-07, Improving the Presentation of Net Periodic Pension Cost and Net Periodic Post-retirement Benefit Cost, on January 1, 2018. ASU No. 2017-07 requires companies to present the service cost component of net benefit cost in the income statement line items where they report compensation cost, and all other components of net benefit cost in the income statement separately from the service cost component and outside of operating income, if this subtotal is presented. Additionally, the service cost component is the only component that can be capitalized. The standard required retrospective application for the amendments related to the presentation of the service cost component and other components of net benefit cost, and prospective application for the amendments related to the capitalization requirements for the service cost components of net benefit cost. The adoption of ASU No. 2017-07 did not have a material effect on the Company’s Consolidated Statements of Condition, results of operations, or cash flows. The Company adopted ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash, on January 1, 2018, with retrospective application. ASU No. 2016-18 requires that the reconciliation of the beginning-of-period and end-of-period cash and cash equivalent amounts shown on the statement of cash flows include restricted cash and restricted cash equivalents. If restricted cash and restricted cash equivalents are presented separately from cash and cash equivalents on the balance sheet, entities are required to reconcile the amounts presented on the statement of cash flows to the amounts on the balance sheet. Entities are also required to disclose information regarding the nature of the restrictions. The adoption of ASU No. 2016-18 did not have a material impact on the Company’s financial position or results of operations, or cash flows. The Company adopted ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments on January 1, 2018 with retrospective application. ASU No. 2016-15 addresses the following cash flow issues: debt prepayment or debt extinguishment costs; settlement of zero-coupon debt instruments or other debt instruments with coupon interest rates that are insignificant in relation to the effective interest rate of the borrowing; contingent consideration payments made after a business combination; proceeds from the settlement of insurance claims; proceeds from the settlement of corporate-owned life insurance policies (including BOLI policies); distributions received from equity method investees; beneficial interests in securitization transactions; and separately identifiable cash flows and application of the predominance principle. The adoption of ASU No. 2016-15 did not have a material effect on the Company’s Consolidated Statements of Condition, results of operations, or cash flows. The Company adopted ASU No. 2016-01, Financial Instruments—Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities by means of a cumulative-effect adjustment as of January 1, 2018. ASU No. 2016-01 provides targeted improvements to GAAP including, amongst other improvements, the requirement for equity investments (except those accounted for under the equity method of accounting or those that result in consolidation of the investee) to be measured at fair value with changes in fair value recognized in net income, thus eliminating eligibility for the available-for-sale category. FHLB stock, however, is not in the scope of ASU No. 2016-01 and will continue to be presented at historical cost. Upon adoption, an immaterial amount of unrealized losses related to the in-scope equity securities was reclassified from other comprehensive loss to retained earnings and equity investments were reclassified from securities available for sale to other assets with their related market value changes reflected in earnings for the nine months ended September 30, 2018. In addition, the fair value disclosures for financial instruments in Note 10 are computed using an exit price notion as required by ASU No. 2016-01. The Company adopted ASU No. 2014-09, Revenue from Contracts with Customers and its amendments which established ASC Topic 606, Revenue from Contracts with Customers, on January 1, 2018 using the modified retrospective approach. In summary, the core principle of ASC Topic 606 is that an entity recognizes revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The Company’s revenue streams that are covered by ASC Topic 606 are primarily fees earned in connection with performing services for our customers such as investment advisor fees, wire transfer fees, and bounced check fees. Such fees are either satisfied over time if the service is performed over a period of time (as with investment advisor fees or safe deposit box rental fees), or satisfied at a point in time (as with wire transfer fees and bounced check fees). The Company recognizes fees for services performed over the time period to which the fees relate. The Company recognizes fees earned at a point in time on the day the fee is earned. The modified retrospective approach includes presenting the cumulative effect of initial application, if any, along with supplementary disclosures, if any. The Company did not record a cumulative effect adjustment upon adoption of the standard. Recently Issued Accounting Standards In March 2017, the FASB issued ASU No. 2017-08, Receivables—Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities. ASU No. 2017-08 specifies that the premium amortization period ends at the earliest call date, rather than the contractual maturity date, for purchased non-contingently callable debt securities. Shortening the amortization period is generally expected to more closely align the interest income recognition with the expectations incorporated in the market pricing of the underlying securities. The shorter amortization period means that interest income would generally be lower in the periods before the earliest call date and higher thereafter (if the security is not called) compared to current GAAP. Currently, the premium is amortized to the contractual maturity date under GAAP. Because the premium will be amortized to the earliest call date, the holder will not recognize a loss in earnings for the unamortized premium when the call is exercised. ASU No. 2017-08 is effective for annual and interim periods in fiscal years beginning after December 15, 2018. ASU No. 2017-08 specifies that the transition approach to the standard be accounted for on a modified retrospective basis with a cumulative effect adjustment through retained earnings as of the beginning of the period of adoption. The Company plans to adopt ASU No. 2017-08 effective January 1, 2019 and the adoption is not expected to have a material effect on the Company’s Consolidated Statements of Condition, results of operations, or cash flows. In January 2017, the FASB issued ASU No. 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. ASU No. 2017-04 eliminates the second step of the goodwill impairment test which requires an entity to determine the implied fair value of the reporting unit’s goodwill. Instead, an entity will recognize an impairment loss if the carrying value of the net assets assigned to the reporting unit exceeds the fair value of the reporting unit, with the impairment loss not to exceed the amount of goodwill recorded. ASU No. 2017-04 does not amend the optional qualitative assessment of goodwill impairment. ASU No. 2017-04 is effective for annual and interim periods in fiscal years beginning after December 15, 2019, with early adoption permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company plans to adopt ASU No. 2017-04 prospectively beginning January 1, 2020 and the impact of its adoption on the Company’s Consolidated Statements of Condition, results of operations, or cash flows will be dependent upon goodwill impairment determinations made after that date. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments—Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. ASU No. 2016-13 amends guidance on reporting credit losses for assets held on an amortized cost basis and available-for-sale debt securities. For assets held at amortized cost, ASU No. 2016-13 eliminates the probable initial recognition threshold in current GAAP and, instead, requires an entity to reflect its current estimate of all expected credit losses. Current GAAP requires an “incurred loss” methodology for recognizing credit losses that delays recognition until it is probable a loss has been incurred. The amendments in ASU No. 2016-13 replace the incurred loss impairment methodology in current GAAP with a methodology that reflects the measurement of expected credit losses based on relevant information about past events, including historical loss experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amounts. The allowance for credit losses is a valuation account that is deducted from the amortized cost basis of the financial assets to present the net amount expected to be collected. For available-for-sale debt securities, credit losses should be measured in a manner similar to current GAAP; however, ASU No. 2016-13 will require that credit losses be presented as an allowance rather than as a write-down. The amendments affect loans, debt securities, trade receivables, net investments in leases, off-balance sheet credit exposures, reinsurance receivables, and any other financial assets not excluded from the scope that have the contractual right to receive cash. For public business entities that are SEC filers, the amendments in ASU No. 2016-13 are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. An entity will apply the amendments in ASU No. 2016-13 through a cumulative-effect adjustment to retained earnings as of January 1, 2020 (that is, a modified-retrospective approach). A prospective transition approach is required for debt securities for which an OTTI had been recognized before the effective date. The effect of a prospective transition approach is to maintain the same amortized cost basis before and after the effective date of ASU No. 2016-13. Amounts previously recognized in accumulated other comprehensive income (loss) as of the date of adoption that relate to improvements in cash flows expected to be collected should continue to be accreted into income over the remaining life of the asset. Recoveries of amounts previously written off relating to improvements in cash flows after the date of adoption should be recorded in earnings when received. Financial assets for which the guidance in Subtopic 310-30, Receivables—Loans and Debt Securities Acquired with Deteriorated Credit Quality (PCD assets), has previously been applied, should prospectively apply the guidance in ASU No. 2016-13 for PCD assets. A prospective transition approach should be used for PCD assets where upon adoption, the amortized cost basis should be adjusted to reflect the addition of the allowance for credit losses. This transition relief will avoid the need for a reporting entity to reassess its purchased financial assets that exist as of the date of adoption to determine whether they would have met at acquisition the new criteria of more-than insignificant credit deterioration since origination. The transition relief also will allow an entity to accrete the remaining noncredit discount (based on the revised amortized cost basis) into interest income at the effective interest rate at the adoption date of ASU No. 2016-13. The same transition requirements should be applied to beneficial interests that previously applied Subtopic 310-30 or have a significant difference between contractual cash flows and expected cash flows. The Company is evaluating ASU No. 2016-13 and has a working group with multiple members from applicable departments to evaluate the requirements of the new standard, planning for loss modeling requirements consistent with lifetime expected loss estimates, and assessing the impact it will have on current processes. This evaluation includes a review of existing credit models to identify areas where existing credit models used to comply with other regulatory requirements may be leveraged and areas where new models may be required. The adoption of ASU No. 2016-13 could have a material effect on the Company’s Consolidated Statements of Condition and results of operations. The extent of the impact upon adoption will likely depend on the characteristics of the Company’s loan portfolio and economic conditions at that date, as well as forecasted conditions thereafter. In February 2016, the FASB issued ASU No. 2016-02, Leases (“Topic 842”), and subsequently issued three amendments to the ASU: ASU No. 2018-01, Leases (Topic 842): Land Easement Practical Expedient Transition to Topic 842; ASU 2018-10, Codification Improvements to Topic 842, Leases; and ASU 2018-11, Leases (Topic 842): Targeted Improvements. The Company will adopt the ASUs as of January 1, 2019. Topic 842 is intended to improve financial reporting about leasing transactions and the key provision impacting the Company is the requirement for a lessee to record a right-of-use asset and a liability, which represents the obligation to make lease payments for long-term operating leases. Additionally, the ASU includes quantitative and qualitative disclosures required by lessees and lessors to help financial statement users better understand the amount, timing, and uncertainty of cash flows arising from leases. The Company has the option to recognize and measure leases using one of two transition methods: either at the beginning of the earliest period presented using a modified retrospective approach, or by initially applying the standard at the adoption date and recognizing a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. Topic 842 includes a number of optional practical expedients that entities may elect to apply. The Company’s working group, comprised of associates from disciplines such as Vendor Risk Management, Real Estate, Technology, and Accounting, has completed its review for embedded leases in the Company’s contractual arrangements in an effort to identify the Company’s full lease population. To date, we have found only an immaterial amount of embedded leases in our non-lease contracts. We are presently evaluating all of our leases for compliance with the new lease accounting rules and as a lessor and lessee, we do not anticipate the classification of our leases to change. However, the Company’s assets and liabilities will increase by an immaterial amount based on the present value of remaining lease payments for leases in place at the adoption date. The Company is currently reviewing vendor software solutions to provide a lease accounting package that will prepare the financial statement adjustments and disclosures required by Topic 842. In August 2018, the FASB issued ASU 2018-13, Fair Value Measurement (Topic 820): Disclosure Framework – Changes to the Disclosure Requirements for Fair Value Measurement. The purpose of ASU 2018-13 is to improve the effectiveness of disclosures in the notes to financial statements by facilitating clear communication of the information required by GAAP that is most important to users of each entity’s financial statements. The amendments in ASU 2018-13 are effective for the Company as of January 1, 2020. Early adoption is permitted and an entity is permitted to early adopt any removed or modified disclosures upon issuance of the ASU and delay adoption of the additional disclosures until their effective date. The amendments removed the disclosure requirements for transfers between Levels 1 and 2 of the fair value hierarchy, the disclosure of the policy for timing of transfers between levels of the fair value hierarchy, and the disclosure of the valuation processes for Level 3 fair value measurements. Additionally, the amendments modified the disclosure requirements for investments in certain entities that calculate net asset value and measurement uncertainty. Finally, the amendments added disclosure requirements for the changes in unrealized gains and losses included in other comprehensive income for recurring Level 3 fair value measurements and the range and weighted average of significant unobservable inputs used to develop Level 3 measurements. The amendments on changes in unrealized gains and losses, the range and weighted average of significant unobservable inputs used to develop Level 3 fair value measurements and the narrative description of measurement uncertainty should be applied prospectively for only the most recent interim or annual period presented in the initial fiscal year of adoption. All other amendments should be applied retrospectively to all periods presented upon their effective date. The adoption of ASU 2018-13 is not expected to have a material effect on the Company’s Consolidated Statements of Condition, results of operations, or cash flows. In August 2018, the FASB issued ASU No. 2018-15, Intangibles – Goodwill and Other – Internal Use Software (Subtopic 350-40): Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement that is a Service Contract. ASU 2018-15 aligns the requirements for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the requirements for capitalizing implementation costs incurred to develop or obtain internal-use software (and hosting arrangements that include an internal-use software license). The accounting for the service element of a hosting arrangement that is a service contract is not affected by the amendment. The amendment is effective for the Company as of January 2, 2020. The Company is still assessing the potential impact of ASU 2018-15 and whether to adopt the provisions prior to January 1, 2020. In October 2018, the FASB issued ASU 2018-16, Derivatives and Hedging (“Topic 815”) – Inclusion of the Secured Overnight Financing Rate (“SOFR”) Overnight Index Swap (“OIS”) Rate as a Benchmark Interest Rate for Hedging Accounting Purposes. The purpose of ASU 2018-16 is to permit the use of the OIS rate based on SOFR as a U.S. benchmark interest rate for hedge accounting purposes under Topic 815. The amendments in ASU 2018-16 are effective for the Company as of January 1, 2019. The amendments in ASU 2018-16 should be applied prospectively for qualifying new or redesignated hedging relationships entered into on or after the date of adoption. The adoption of ASU 2018-16 is not expected to have a material impact on the Company’s consolidated financial statements.

Computation of Earnings per C_2

Computation of Earnings per Common Share (Tables)	9 Months Ended
	Sep. 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 Nine Months Ended September 30, September 30, (in thousands, except share and per share amounts) 2018 2017 2018 2017 Net income available to common shareholders $98,565 $102,261 $296,057 $313,266 Less: Dividends paid on and earnings allocated to participating securities (1,219 ) (823 ) (3,735 ) (2,512 ) Earnings applicable to common stock $97,346 $101,438 $292,322 $310,754 Weighted average common shares outstanding 488,476,340 487,274,303 488,383,554 487,025,614 Basic earnings per common share $0.20 $0.21 $0.60 $0.64 Earnings applicable to common stock $97,346 $101,438 $292,322 $310,754 Weighted average common shares outstanding 488,476,340 487,274,303 488,383,554 487,025,614 Potential dilutive common shares -- -- -- -- Total shares for diluted earnings per share computation 488,476,340 487,274,303 488,383,554 487,025,614 Diluted earnings per common share and common share equivalents $0.20 $0.21 $0.60 $0.64

Reclassifications Out of Accu_2

Reclassifications Out of Accumulated Other Comprehensive Loss (Tables)	9 Months Ended
	Sep. 30, 2018
Reclassifications Out of Accumulated Other Comprehensive Loss	(in thousands) For the Nine Months Ended September 30, 2018 Details about Accumulated Other Comprehensive Loss Amount Reclassified (1) Affected Line Item in the Consolidated Statement of Operations and Comprehensive Income (Loss) 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 $ 186 Included in the computation of net periodic (credit) expense (2) Actuarial losses (5,615 ) Included in the computation of net periodic (credit) expense (2) (5,429 ) Total before tax 1,607 Tax benefit $ (3,822 ) Amortization of defined benefit pension plan items, net of tax Total reclassifications for the period $ (3,822 ) (1) Amounts in parentheses indicate expense items. (2) See Note 8, “Pension and Other Post-Retirement Benefits,” for additional information.

Securities (Tables)

Securities (Tables)	9 Months Ended
	Sep. 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 September 30, 2018 and December 31, 2017: September 30, 2018 (in thousands) Amortized Gross Gross Fair Value Debt securities available-for-sale Mortgage-Related Debt Securities: GSE certificates $ 1,892,104 $ 5,113 $ 33,361 $ 1,863,856 GSE CMOs 919,382 3,791 6,133 917,040 Total mortgage-related debt securities $ 2,811,486 $ 8,904 $ 39,494 $ 2,780,896 Other Debt Securities: GSE debentures $ 1,043,927 $ 632 $ 22,868 $ 1,021,691 Asset-backed securities (1) 387,782 1,075 534 388,323 Municipal bonds 69,276 100 1,877 67,499 Corporate bonds 445,902 10,384 655 455,631 Capital trust notes 48,265 6,639 4,661 50,243 Total other debt securities $ 1,995,152 $ 18,830 $ 30,595 $ 1,983,387 Total other securities available for sale (2) $ 4,806,638 $ 27,734 $ 70,089 $ 4,764,283 Equity securities: Preferred stock $ 15,292 $ -- $ 138 $ 15,154 Mutual funds and common stock (3) 16,874 376 680 16,570 Total equity securities $ 32,166 $ 376 $ 818 $ 31,724 Total securities $ 4,838,804 $ 28,110 $ 70,907 $ 4,796,007 (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 (in thousands) Amortized Gross Gross 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 Nine Months Ended September 30, (in thousands) 2018 2017 Gross proceeds $-- $246,209 Gross realized gains -- 1,986
Credit Loss Component of Other Than Temporary Impairment on Debt Securities	(in thousands) For the Nine Months Ended September 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 49 Ending credit loss amount as of September 30, 2018 $196,284
Summary of Amortized Cost of Securities by Contractual Maturity	The following table summarizes, by contractual maturity, the amortized cost of securities at September 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 $ -- --% $ -- --% $ 149 6.51% $ -- --% $ 151 Due from one to five years 1,378,471 3.31 6,950 3.84 294 6.63 78,787 3.64 1,463,371 Due from five to ten years 326,275 3.44 927,006 3.33 -- -- 367,115 4.02 1,605,017 Due after ten years 1,106,740 3.19 109,971 3.68 68,833 2.88 436,047 3.23 1,695,744 Total debt securities available for sale $ 2,811,486 3.28% $ 1,043,927 3.37% $ 69,276 2.90% $ 881,949 3.60% $ 4,764,283 (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 September 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. Government agency and GSE obligations $ 992,186 $ 22,868 $ -- $ -- $ 992,186 $ 22,868 GSE certificates 1,209,277 31,983 18,248 1,378 1,227,525 33,361 GSE CMOs 488,185 6,133 -- -- 488,185 6,133 Asset-backed securities 77,000 534 -- -- 77,000 534 Municipal bonds 5,884 14 50,082 1,863 55,966 1,877 Corporate bonds 160,268 655 -- -- 160,268 655 Capital trust notes -- -- 39,109 4,661 39,109 4,661 Equity securities 19,105 196 11,184 622 30,289 818 Total temporarily impaired securities $ 2,951,905 $ 62,383 $ 118,623 $ 8,524 $ 3,070,528 $ 70,907 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)	9 Months Ended
	Sep. 30, 2018
Composition of Loan Portfolio	The following table sets forth the composition of the loan portfolio at the dates indicated: September 30, 2018 December 31, 2017 Amount Percent of Amount Percent of (dollars in thousands) Loans Held for Investment: Mortgage Loans: Multi-family $ 29,546,399 74.22% $ 28,074,709 73.19% Commercial real estate 7,033,629 17.67 7,322,226 19.09 One-to-four 456,317 1.15 477,228 1.24 Acquisition, development, and construction 433,976 1.09 435,825 1.14 Total mortgage loans held for investment 37,470,321 94.13 $ 36,309,988 94.66 Other Loans: Commercial and industrial 1,622,983 4.08 1,377,964 3.59 Lease financing, net of unearned income of $55,056 and $65,041, respectively 703,696 1.77 662,610 1.73 Total commercial and industrial loans (1) 2,326,679 5.85 2,040,574 5.32 Other 9,031 0.02 8,460 0.02 Total other loans held for investment 2,335,710 5.87 2,049,034 5.34 Total loans held for investment $ 39,806,031 100.00% $ 38,359,022 100.00% Net deferred loan origination costs 32,240 28,949 Allowance for losses on non-covered (159,655 ) (158,046 ) Loans held for investment, net $ 39,678,616 $ 38,229,925 Loans held for sale -- 35,258 Total loans, net $ 39,678,616 $ 38,265,183 (1) Includes specialty finance loans and leases of $1.8 billion at September 30, 2018 and $1.5 billion at December 31, 2017, and other C&I loans of $482.4 million and $500.8 million, respectively, at September 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 September 30, 2018: (in thousands) Loans 30-89 Days Non- Loans Total Current Total Loans Multi-family $ 288 $ 5,236 $ -- $ 5,524 $ 29,540,875 $ 29,546,399 Commercial real estate 567 4,547 -- 5,114 7,028,515 7,033,629 One-to-four 1,967 1,665 -- 3,632 452,685 456,317 Acquisition, development, and construction -- -- -- -- 433,976 433,976 Commercial and industrial (1) (2) 534 42,611 -- 43,145 2,283,534 2,326,679 Other 297 13 -- 310 8,721 9,031 Total $ 3,653 $ 54,072 $ -- $ 57,725 $ 39,748,306 $ 39,806,031 (1) Includes $534,000 and $41.3 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: (in thousands) Loans 30-89 Days Non- Loans Total Current Total Loans 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 September 30, 2018: Mortgage Loans Other Loans (in thousands) Multi- Commercial One-to- Four Acquisition, Total Commercial (1) Other Total Other Credit Quality Indicator: Pass $ 29,176,497 $ 6,934,670 $ 451,012 $ 343,134 $ 36,905,313 $ 2,224,744 $ 9,018 $ 2,233,762 Special mention 289,820 93,168 2,723 81,290 467,001 33,202 -- 33,202 Substandard 80,082 5,791 2,582 9,552 98,007 68,733 13 68,746 Doubtful -- -- -- -- -- -- -- -- Total $ 29,546,399 $ 7,033,629 $ 456,317 $ 433,976 $ 37,470,321 $ 2,326,679 $ 9,031 $ 2,335,710 (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 (in thousands) Multi- Commercial One-to- Four Acquisition, Total Commercial (1) Other Total Other 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 September 30, 2018 and December 31, 2017: September 30, 2018 December 31, 2017 (in thousands) Accruing Non-Accrual Total Accruing Non-Accrual Total Loan Category: Multi-family $ 812 $ 5,002 $ 5,814 $ 824 $ 8,061 $ 8,885 Commercial real estate -- -- -- -- 368 368 One-to-four -- 1,033 1,033 -- 1,066 1,066 Acquisition, development, and construction 9,552 -- 9,552 8,652 -- 8,652 Commercial and industrial -- 23,714 23,714 177 26,408 26,585 Total $ 10,364 $ 29,749 $ 40,113 $ 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 September 30, 2018 and 2017 are summarized as follows: For the Three Months Ended September 30, 2018 (dollars in thousands) Weighted Average Number Pre-Modification Post-Modification Pre- Post- Charge-off Capitalized Loan Category: Commercial and industrial 6 1,848 $ 1,212 3.36 % 3.28 % $ 545 $ -- For the Three Months Ended September 30, 2017 (dollars in thousands) Weighted Average Number Pre-Modification Post-Modification Pre- Post- Charge-off Capitalized Loan Category: Acquisition, development, and construction 2 $ 8,652 $ 8,652 5.50 % 5.50 % $ -- $ -- Commercial and industrial 22 18,002 7,620 3.18 2.91 6,350 -- Total 24 $ 26,654 $ 16,272 $ 6,350 $ -- The financial effects of the Company’s TDRs for the nine months ended September 30, 2018 and 2017 are summarized as follows: For the Nine Months Ended September 30, 2018 (dollars in thousands) Weighted Average Number Pre-Modification Post-Modification Pre- Post- Charge-off Capitalized Loan Category: Acquisition, development, and construction 1 $ 900 $ 900 4.50 % 4.50 % $ -- $ -- Commercial and industrial 18 6,914 4,386 3.30 3.18 2,308 -- Total 19 $ 7,814 $ 5,286 $ 2,308 $ -- For the Nine Months Ended September 30, 2017 (dollars in thousands) Weighted Average Number Pre-Modification Post-Modification Pre- Post- Charge-off Capitalized Loan Category: One-to-four 4 $ 810 $ 990 5.93 % 2.21 % $ -- $ 12 Acquisition, development, and construction 2 8,652 8,652 5.50 5.50 -- -- Commercial and industrial 52 48,716 23,673 3.36 3.29 11,079 -- Total 58 $ 58,178 $ 33,315 $ 11,079 $ 12

Allowance for Loan Losses (Tabl

Allowance for Loan Losses (Tables)	9 Months Ended
	Sep. 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 September 30, 2018: Loans collectively evaluated for impairment $ 128,816 $ 30,839 $ 159,655 (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 September 30, 2018: Loans individually evaluated for impairment $ 21,418 $ 43,486 $ 64,904 Loans collectively evaluated for impairment 37,448,903 2,292,224 39,741,127 Total $ 37,470,321 $ 2,335,710 $ 39,806,031 (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 September 30, 2018: (in thousands) Recorded Unpaid Related Average Interest Impaired loans with no related allowance: Multi-family $ 5,815 $ 8,676 $ -- $ 7,282 $ 323 Commercial real estate 4,386 9,501 -- 3,955 62 One-to-four 1,665 1,719 -- 1,812 36 Acquisition, development, and construction 9,552 10,452 -- 11,102 441 Other 43,486 107,101 -- 46,092 2,428 Total impaired loans with no related allowance $ 64,904 $ 137,449 $ -- $ 70,243 $ 3,290 Impaired loans with an allowance recorded: Multi-family $ -- $ -- $ -- $ -- $ -- Commercial real estate -- -- -- -- -- One-to-four -- -- -- -- -- Acquisition, development, and construction -- -- -- -- -- Other -- -- -- 20 -- Total impaired loans with an allowance recorded $ -- $ -- $ -- $ 20 $ -- Total impaired loans: Multi-family $ 5,815 $ 8,676 $ -- $ 7,282 $ 323 Commercial real estate 4,386 9,501 -- 3,955 62 One-to-four 1,665 1,719 -- 1,812 36 Acquisition, development, and construction 9,552 10,452 -- 11,102 441 Other 43,486 107,101 -- 46,112 2,428 Total impaired loans $ 64,904 $ 137,449 $ -- $ 70,263 $ 3,290 The following table presents additional information about the Company’s impaired loans at December 31, 2017: (in thousands) Recorded Unpaid Related Average Interest 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 Nine Months Ended September 30, 2018 2017 (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 (5,445 ) (9,705 ) (15,150 ) (375 ) (58,203 ) (58,578 ) Recoveries 242 1,031 1,273 595 594 1,189 Provision for (recovery of) non-covered 5,744 9,742 15,486 (3,114 ) 61,131 58,017 Balance, end of period $ 128,816 $ 30,839 $ 159,655 $ 122,522 $ 36,396 $ 158,918

Borrowed Funds (Tables)

Borrowed Funds (Tables)	9 Months Ended
	Sep. 30, 2018
Summary of Borrowed Funds	The following table summarizes the Company’s borrowed funds at the dates indicated: (in thousands) September 30, 2018 December 31, Wholesale Borrowings: FHLB advances $ 13,281,000 $ 12,104,500 Repurchase agreements 200,000 450,000 Total wholesale borrowings $ 13,481,000 $ 12,554,500 Junior subordinated debentures 359,422 359,179 Total borrowed funds $ 13,840,422 $ 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 September 30, 2018: Remaining Contractual Maturity of the Agreements (in thousands) Overnight and Up to 30–90 Days Greater than GSE obligations $ -- $ -- $ -- $ 200,000
Junior Subordinated Debentures Outstanding	The following junior subordinated debentures were outstanding at September 30, 2018: Issuer Interest of Capital Junior Capital Date of Original Issue Stated First Optional (dollars in thousands) New York Community Capital Trust V (BONUSES SM 6.000% $ 145,496 $ 139,145 Nov. 4, 2002 Nov. 1, 2051 Nov. 4, 2007 (1) New York Community Capital Trust X 3.934 123,712 120,000 Dec. 14, 2006 Dec. 15, 2036 Dec. 15, 2011 (2) PennFed Capital Trust III 5.584 30,928 30,000 June 2, 2003 June 15, 2033 June 15, 2008 (2) New York Community Capital Trust XI 4.046 59,286 57,500 April 16, 2007 June 30, 2037 June 30, 2012 (2) Total junior subordinated debentures $ 359,422 $ 346,645 (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-Retire_2

Pension and Other Post-Retirement Benefits (Tables)	9 Months Ended
	Sep. 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 September 30, 2018 2017 (in thousands) Pension Post- Pension Post- 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 Nine Months Ended September 30, 2018 2017 (in thousands) Pension Post- Pension Post- Components of net periodic (credit) expense: (1) Interest cost $ 3,814 $ 384 $ 4,211 $ 433 Expected return on plan assets (12,106) -- (12,217) -- Amortization of prior-service costs -- (186) -- (187) Amortization of net actuarial loss 5,386 229 6,157 206 Net periodic (credit) expense $ (2,906) $ 427 $ (1,849) $ 452 (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)	9 Months Ended
	Sep. 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 nine months ended September 30, 2018: Number of Shares Weighted Average Unvested at beginning of year 5,574,167 $ 15.38 Granted 2,535,523 13.51 Vested (842,202 ) 15.16 Canceled (233,640 ) 14.87 Unvested at end of period 7,033,848 14.75

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 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 September 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 September 30, 2018 (in thousands) Quoted Prices Significant Significant Netting (1) Total Assets: Mortgage-Related Debt Securities Available for Sale: GSE certificates $ -- $ 1,863,856 $ -- $ -- $ 1,863,856 GSE CMOs -- 917,040 -- -- 917,040 Total mortgage-related debt securities $ -- $ 2,780,896 $ -- $ -- $ 2,780,896 Other Debt Securities Available for Sale: GSE debentures $ -- $ 1,021,691 $ -- $ -- $ 1,021,691 Asset-backed securities -- 388,323 -- -- 388,323 Municipal bonds -- 67,499 -- -- 67,499 Corporate bonds -- 455,631 -- -- 455,631 Capital trust notes -- 50,243 -- -- 50,243 Total other debt securities $ -- $ 1,983,387 $ -- $ -- $ 1,983,387 Total debt securities available for sale $ -- $ 4,764,283 $ -- $ -- $ 4,764,283 Equity securities: Preferred stock $ 15,154 $ -- $ -- $ -- $ 15,154 Mutual funds and common stock -- 16,570 -- -- 16,570 Total equity securities $ 15,154 $ 16,570 $ -- $ -- $ 31,724 Total securities $ 15,154 $ 4,780,853 $ -- $ -- $ 4,796,007 Fair Value Measurements at December 31, 2017 (in thousands) Quoted Prices Significant Significant Netting (1) Total 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: September 30, 2018 December 31, 2017 (in thousands) Fair Value Aggregate Fair Value Fair Value Aggregate Fair Value 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 Nine Months (in thousands) 2018 2017 2018 2017 Loans held for sale $ -- $ 464 $ -- $ 1,059 Mortgage servicing rights -- (9,743) (224) (20,092) Total loss $ -- $ (9,279) $ (224) $ (19,033) (1) Included in “Non-interest
Rollforward of Financial Instruments Classified in Level Three of Valuation Hierarchy	The following tables present, for the nine months ended September 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: (in thousands) Fair Value Total Realized/Unrealized Issuances Settlements Transfers Fair Value at Change in Comprehensive Mortgage servicing rights $2,729 $(224) $-- $-- $(2,505) $-- $-- $-- (in thousands) Fair Value Total Realized/Unrealized Issuances Settlements Transfers Fair Value at Change in Comprehensive Mortgage servicing rights $ 228,099 $ (34,544 ) $ -- $ 18,054 $ (208,827 ) $ -- $ 2,782 $ (182 ) Interest rate lock commitments 982 (713 ) -- -- -- -- 269 269
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 September 30, 2018 Using (in thousands) Quoted Prices in Significant Other Significant Total Fair Certain impaired loans (1) $ -- $ -- $ 41,636 $ 41,636 Other assets -- -- 667 667 Total $ -- $ -- $ 42,303 $ 42,303 (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 (in thousands) Quoted Prices in Significant Other Significant Total Fair 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 September 30, 2018 and December 31, 2017: September 30, 2018 Fair Value Measurement Using (in thousands) Carrying Estimated Quoted Prices in Significant Significant Financial Assets: Cash and cash equivalents $ 1,731,754 $ 1,731,754 $ 1,731,754 $ -- $ -- FHLB stock (1) 654,939 654,939 -- 654,939 -- Loans, net 39,678,616 38,940,057 -- -- 38,940,057 Financial Liabilities: Deposits $ 30,319,284 30,279,953 $ 18,909,310 (2) $ 11,370,643 (3) $ -- Borrowed funds 13,840,422 13,693,629 -- 13,693,629 -- (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 (in thousands) Carrying Estimated Quoted Prices in Significant Significant 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 Pre_3

Organization and Basis of Presentation - Additional Information (Detail)	3 Months Ended	9 Months Ended
	Dec. 31, 2018Location	Sep. 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 Commercial Bank
Organization and Basis Of Presentation [Line Items]
Number of branches		30
Directly Operated Banks | New York Community Bank
Organization and Basis Of Presentation [Line Items]
Number of branches		2
Seven Divisional Banks | New York Community Bank
Organization and Basis Of Presentation [Line Items]
Number of branches		221
Atlantic Bank | New York Commercial Bank
Organization and Basis Of Presentation [Line Items]
Number of branches		18
Scenario, Forecast | Merger New York Commercial Bank [Member] | New York Community Bank
Organization and Basis Of Presentation [Line Items]
Number of branches acquired in merger	30

Computation of Basic and Dilute

Computation of Basic and Diluted EPS (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net income available to common shareholders	$ 98,565	$ 102,261	$ 296,057	$ 313,266
Less: Dividends paid on and earnings allocated to participating securities	(1,219)	(823)	(3,735)	(2,512)
Earnings applicable to common stock	$ 97,346	$ 101,438	$ 292,322	$ 310,754
Weighted average common shares outstanding	488,476,340	487,274,303	488,383,554	487,025,614
Basic earnings per common share	$ 0.20	$ 0.21	$ 0.60	$ 0.64
Potential dilutive common shares	0	0	0	0
Total shares for diluted earnings per share computation	488,476,340	487,274,303	488,383,554	487,025,614
Diluted earnings per common share and common share equivalents	$ 0.20	$ 0.21	$ 0.60	$ 0.64

Reclassifications of Accumulate

Reclassifications of Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net (loss) gain on securities		$ (41)		$ (810)	$ 28,915
Income tax expense		(30,022)	$ (67,984)	(104,398)	(193,628)
Net (Loss) income		$ 106,772	$ 110,468	320,678	$ 329,680
Reclassifications, net of tax	[1]			(3,822)
Past service liability
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassifications, before tax	[1],[2]			186
Actuarial losses
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassifications, before tax	[1],[2]			(5,615)
Amortization of defined benefit pension
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Reclassifications, before tax	[1]			(5,429)
Tax benefit	[1]			1,607
Reclassifications, net of tax	[1]			(3,822)
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		Sep. 30, 2018	Dec. 31, 2017
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		$ 4,838,804	$ 3,464,279	[1]
Gross Unrealized Gain		28,110	81,594	[1]
Gross Unrealized Loss		70,907	14,446	[1]
Fair Value		4,796,007	3,531,427	[1]
Mortgage-Related Securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		2,811,486	2,559,961
Gross Unrealized Gain		8,904	60,810
Gross Unrealized Loss		39,494	2,025
Fair Value		2,780,896	2,618,746
Mortgage-Related Securities | GSE certificates
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		1,892,104	2,023,677
Gross Unrealized Gain		5,113	46,364
Gross Unrealized Loss		33,361	1,199
Fair Value		1,863,856	2,068,842
Mortgage-Related Securities | GSE CMOs
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		919,382	536,284
Gross Unrealized Gain		3,791	14,446
Gross Unrealized Loss		6,133	826
Fair Value		917,040	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		1,995,152
Gross Unrealized Gain		18,830
Gross Unrealized Loss		30,595
Fair Value		1,983,387
Debt Securities | GSE debentures
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		1,043,927
Gross Unrealized Gain		632
Gross Unrealized Loss		22,868
Fair Value		1,021,691
Debt Securities | Municipal bonds
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		69,276
Gross Unrealized Gain		100
Gross Unrealized Loss		1,877
Fair Value		67,499
Debt Securities | Corporate bonds
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		445,902
Gross Unrealized Gain		10,384
Gross Unrealized Loss		655
Fair Value		455,631
Debt Securities | Capital trust notes
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		48,265
Gross Unrealized Gain		6,639
Gross Unrealized Loss		4,661
Fair Value		50,243
Debt Securities | Asset backed securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	[3]	387,782
Gross Unrealized Gain	[3]	1,075
Gross Unrealized Loss	[3]	534
Fair Value	[3]	388,323
Mortgage Backed Securities And Other Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	[4]	4,806,638
Gross Unrealized Gain	[4]	27,734
Gross Unrealized Loss	[4]	70,089
Fair Value	[4]	4,764,283
Equity securities
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		32,166
Gross Unrealized Gain		376
Gross Unrealized Loss		818
Fair Value		31,724
Equity securities | Preferred stock
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		15,292
Gross Unrealized Loss		138
Fair Value		15,154
Equity securities | Mutual Funds and Common Stock
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	[2]	16,874
Gross Unrealized Gain	[2]	376
Gross Unrealized Loss	[2]	680
Fair Value	[2]	$ 16,570
[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]	The underlying assets of the asset-backed securities are substantially guaranteed by the U.S. Government.
[4]	The amortized cost includes the non-credit portion of OTTI recorded in AOCL. At September 30, 2018, the non-credit portion of OTTI recorded in AOCL was $8.6 million before taxes.

Summary of Portfolio of Secur_2

Summary of Portfolio of Securities Available for Sale and Equity Investments with Readily Determinable Fair Values (Parenthetical) (Detail) - USD ($) $ in Millions	Sep. 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		Sep. 30, 2018USD ($)Investment	Dec. 31, 2017USD ($)Investment
Schedule of Investments [Line Items]
Federal Home Loan Bank stock, at cost | $	[1]	$ 654,939	$ 603,819
Investment securities designated as having a continuous loss position for twelve months or more, unrealized losses | $		$ 8,500	$ 10,100
Investment securities designated as having a continuous loss position for twelve months or more, percentage below collective amortized cost		6.70%	8.50%
Investment securities designated as having a continuous loss position for twelve months or more, amortized cost | $		$ 127,100	$ 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	9 Months Ended
	Sep. 30, 2017USD ($)
Gain (Loss) on Securities [Line Items]
Gross proceeds	$ 246,209
Gross realized gains	$ 1,986

Credit Loss Component of Other

Credit Loss Component of Other Than Temporary Impairment on Debt Securities (Detail) $ in Thousands	9 Months Ended
	Sep. 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	49
Ending OTTI credit loss amount	$ 196,284

Summary of Amortized Cost of Se

Summary of Amortized Cost of Securities by Contractual Maturity (Detail) - USD ($) $ in Thousands		Sep. 30, 2018		Dec. 31, 2017
Available-for-Sale Debt Securities:
Due within one year	[1]	$ 151
Due from one to five years	[1]	1,463,371
Due from five to ten years	[1]	1,605,017
Due after ten years	[1]	1,695,744
Total debt securities available for sale		4,764,283	[1]	$ 3,531,427
Mortgage-Related Securities
Available-for-Sale Debt Securities:
Due from one to five years	[1]	1,378,471
Due from five to ten years	[1]	326,275
Due after ten years	[1]	1,106,740
Total debt securities available for sale	[1]	$ 2,811,486
Available-for-Sale Debt Securities:
Due from one to five years, Average Yield	[1]	3.31%
Due from five to ten years, Average Yield	[1]	3.44%
Due after ten years, Average Yield	[1]	3.19%
Total debt securities available for sale	[1]	3.28%
U.S. Treasury and GSE Obligations
Available-for-Sale Debt Securities:
Due from one to five years	[1]	$ 6,950
Due from five to ten years	[1]	927,006
Due after ten years	[1]	109,971
Total debt securities available for sale	[1]	$ 1,043,927
Available-for-Sale Debt Securities:
Due from one to five years, Average Yield	[1]	3.84%
Due from five to ten years, Average Yield	[1]	3.33%
Due after ten years, Average Yield	[1]	3.68%
Total debt securities available for sale	[1]	3.37%
State, county, and municipal
Available-for-Sale Debt Securities:
Due within one year	[1]	$ 149
Due from one to five years	[1]	294
Due after ten years	[1]	68,833
Total debt securities available for sale	[1]	$ 69,276
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]	$ 78,787
Due from five to ten years	[1],[3]	367,115
Due after ten years	[1],[3]	436,047
Total debt securities available for sale	[1],[3]	$ 881,949
Available-for-Sale Debt Securities:
Due from one to five years, Average Yield	[1]	3.64%
Due from five to ten years, Average Yield	[1]	4.02%
Due after ten years, Average Yield	[1]	3.23%
Total debt securities available for sale	[1]	3.60%
[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	Sep. 30, 2018	Dec. 31, 2017
Debt Securities
Schedule of Investments [Line Items]
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value	$ 2,951,905	$ 895,352
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	62,383	4,347
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Fair Value	118,623	108,144
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Unrealized Loss	8,524	10,099
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	3,070,528	1,003,496
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	70,907	14,446
Debt Securities | GSE certificates
Schedule of Investments [Line Items]
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value	1,209,277	232,546
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	31,983	535
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Fair Value	18,248	20,440
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Unrealized Loss	1,378	664
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	1,227,525	252,986
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	33,361	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	488,185	118,694
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	6,133	826
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	488,185	118,694
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	6,133	826
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	992,186
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	22,868
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	992,186
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	22,868
Debt Securities | Municipal bonds
Schedule of Investments [Line Items]
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value	5,884	11,169
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	14	259
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Fair Value	50,082	41,054
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Unrealized Loss	1,863	542
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	55,966	52,223
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	1,877	801
Debt Securities | Capital trust notes
Schedule of Investments [Line Items]
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Fair Value	39,109	35,105
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Unrealized Loss	4,661	8,632
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	39,109	35,105
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	4,661	8,632
Debt Securities | U.S. Treasury obligations
Schedule of Investments [Line Items]
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value		199,898
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss		62
Temporarily Impaired Available-for-Sale Securities, Total Fair Value		199,898
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss		62
Debt Securities | Corporate bonds
Schedule of Investments [Line Items]
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value	160,268
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	655
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	160,268
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	655
Debt Securities | Asset backed securities
Schedule of Investments [Line Items]
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value	77,000
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	534
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	77,000
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	534
Equity securities
Schedule of Investments [Line Items]
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Fair Value	19,105
Temporarily Impaired Available-for-Sale Securities, Less than Twelve Months Unrealized Loss	196
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Fair Value	11,184	11,545
Temporarily Impaired Available-for-Sale Securities, Twelve Months or Longer Unrealized Loss	622	261
Temporarily Impaired Available-for-Sale Securities, Total Fair Value	30,289	11,545
Temporarily Impaired Available-for-Sale Securities, Total Unrealized Loss	$ 818	$ 261

Composition of Loan Portfolio (

Composition of Loan Portfolio (Detail) - USD ($) $ in Thousands		Sep. 30, 2018	Dec. 31, 2017	Sep. 30, 2017	Dec. 31, 2016
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 39,806,031	$ 38,359,022
Net deferred loan origination costs		$ 32,240	$ 28,949
Percent of loans held for investment		100.00%	100.00%
Allowance for losses on non-covered loans		$ (159,655)	$ (158,046)	$ (158,918)	$ (158,290)
Loans held for investment, net		39,678,616	38,229,925
Loans held for sale			35,258
Total loans, net		39,678,616	38,265,183
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment	[1]	2,326,679	2,040,574
Commercial and Industrial | Other loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 1,622,983	$ 1,377,964
Percent of loans held for investment		4.08%	3.59%
Multi-Family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 29,546,399	$ 28,074,709
Percent of loans held for investment		74.22%	73.19%
Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 7,033,629	$ 7,322,226
Percent of loans held for investment		17.67%	19.09%
One-to-four family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 456,317	$ 477,228
Percent of loans held for investment		1.15%	1.24%
Acquisition, Development and Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 433,976	$ 435,825
Percent of loans held for investment		1.09%	1.14%
Mortgage Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 37,470,321	$ 36,309,988
Percent of loans held for investment		94.13%	94.66%
Allowance for losses on non-covered loans		$ (128,816)	$ (128,275)	$ (122,522)	$ (125,416)
Lease financing, unearned income
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 703,696	$ 662,610
Percent of loans held for investment		1.77%	1.73%
Other Commercial and Industrial Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment	[2]	$ 2,326,679	$ 2,040,574
Percent of loans held for investment		5.85%	5.32%
Other
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 9,031	$ 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		$ 2,335,710	$ 2,049,034
Total Other Loans | Other loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 2,335,710	$ 2,049,034
Percent of loans held for investment		5.87%	5.34%
[1]	Includes lease financing receivables, all of which were classified as Pass.
[2]	Includes specialty finance loans and leases of $1.8 billion at September 30, 2018 and $1.5 billion at December 31, 2017, and other C&I loans of $482.4 million and $500.8 million, respectively, at September 30, 2018 and December 31, 2017.

Composition of Loan Portfolio_2

Composition of Loan Portfolio (Parenthetical) (Detail) - USD ($) $ in Thousands		Sep. 30, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 39,806,031	$ 38,359,022
Commercial and Industrial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment	[1]	2,326,679	2,040,574
Commercial and Industrial | Other loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		1,622,983	1,377,964
Lease financing, unearned income
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unearned income		55,056	65,041
Loans Held for Investment		703,696	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		1,800,000	1,500,000
Other Commercial and Industrial Loans | Commercial and Industrial | Other loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Held for Investment		$ 482,400	$ 500,800
[1]	Includes lease financing receivables, all of which were classified as Pass.

Loans - Additional Information

Loans - Additional Information (Detail)	3 Months Ended		9 Months Ended
	Sep. 30, 2018USD ($)Investment	Sep. 30, 2017USD ($)Investment	Sep. 30, 2018USD ($)Investment	Sep. 30, 2017USD ($)Investment	Dec. 31, 2017USD ($)
Financing Receivable, Recorded Investment [Line Items]
Outstanding loans to Executive officers, directors, principal shareholders, related interest and parties	$ 55,300,000		$ 55,300,000
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		$ 16,272,000	$ 5,286,000	$ 33,315,000
Number of loans classified as a non-accrual TDRs | Investment		24	19	58
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	$ 1,212,000	$ 7,620,000	$ 4,386,000	$ 23,673,000
Number of loans classified as a non-accrual TDRs | Investment	6	22	18	52
Commercial and Industrial | Payment Default
Financing Receivable, Recorded Investment [Line Items]
Number of loans classified as a non-accrual TDRs | Investment			5
Loan classified as non accrual TDRs	$ 1,100,000		$ 1,100,000
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			38,700,000
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			$ 1,400,000

Quality of Loans (Excluding PCI

Quality of Loans (Excluding PCI Loans) (Detail) - USD ($) $ in Thousands		Sep. 30, 2018		Dec. 31, 2017
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Covered Loans		$ 39,806,031		$ 38,359,022
Multi-Family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Covered Loans		29,546,399		28,074,709
Commercial Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Covered Loans		7,033,629		7,322,226
One-to-four family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Covered Loans		456,317		477,228
Acquisition, Development and Construction
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Covered Loans		433,976		435,825
Commercial and Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Covered Loans	[2]	2,326,679	[1]	2,040,574	[3]
Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Covered Loans		9,031		8,460
Non-Covered Loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non- Accrual		54,072		73,682
Total Past Due		57,725		91,471
Current		39,748,306		38,267,551
Non-Covered Loans | Financing Receivable, 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		3,653		17,789
Non-Covered Loans | Multi-Family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non- Accrual		5,236		11,078
Total Past Due		5,524		12,336
Current		29,540,875		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		288		1,258
Non-Covered Loans | Commercial Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non- Accrual		4,547		6,659
Total Past Due		5,114		19,886
Current		7,028,515		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		567		13,227
Non-Covered Loans | One-to-four family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non- Accrual		1,665		1,966
Total Past Due		3,632		2,551
Current		452,685		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		1,967		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		433,976		429,625
Non-Covered Loans | Commercial and Industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non- Accrual	[2]	42,611	[1]	47,768	[3]
Total Past Due	[2]	43,145	[1]	50,479	[3]
Current	[2]	2,283,534	[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]	534	[1]	2,711	[3]
Non-Covered Loans | Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non- Accrual		13		11
Total Past Due		310		19
Current		8,721		8,441
Non-Covered Loans | Other | Financing Receivable, 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due		$ 297		$ 8
[1]	Includes $534,000 and $41.3 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 P_2

Quality of Loans (Excluding PCI Loans) (Parenthetical) (Detail) - Commercial and Industrial - Taxi Medallion Loans - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Financing Receivable, 30-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 534,000	$ 2,700
Loans 90 Days Or More Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 41,300	$ 46,700

Loan Portfolio by Credit Qualit

Loan Portfolio by Credit Quality Indicator (Detail) - USD ($) $ in Thousands		Sep. 30, 2018	Dec. 31, 2017
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		$ 39,806,031	$ 38,359,022
Multi-Family
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		29,546,399	28,074,709
Multi-Family | Pass
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		29,176,497	27,874,330
Multi-Family | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		289,820	125,752
Multi-Family | Substandard
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		80,082	74,627
Commercial Real Estate
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		7,033,629	7,322,226
Commercial Real Estate | Pass
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		6,934,670	7,255,100
Commercial Real Estate | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		93,168	47,123
Commercial Real Estate | Substandard
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		5,791	20,003
One-to-four family
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		456,317	477,228
One-to-four family | Pass
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		451,012	471,571
One-to-four family | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		2,723	3,691
One-to-four family | Substandard
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		2,582	1,966
Acquisition, Development and Construction
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		433,976	435,825
Acquisition, Development and Construction | Pass
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		343,134	344,040
Acquisition, Development and Construction | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		81,290	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		37,470,321	36,309,988
Mortgage Receivable | Pass
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		36,905,313	35,945,041
Mortgage Receivable | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		467,001	252,599
Mortgage Receivable | Substandard
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		98,007	112,348
Commercial and Industrial
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans	[1]	2,326,679	2,040,574
Commercial and Industrial | Pass
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans	[1]	2,224,744	1,925,527
Commercial and Industrial | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans	[1]	33,202	20,883
Commercial and Industrial | Substandard
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans	[1]	68,733	94,164
Other
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		9,031	8,460
Other | Pass
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		9,018	8,449
Other | Substandard
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		13	11
Total Other Loans
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		2,335,710	2,049,034
Total Other Loans | Pass
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		2,233,762	1,933,976
Total Other Loans | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		33,202	20,883
Total Other Loans | Substandard
Financing Receivable, Recorded Investment [Line Items]
Non-Covered Loans		$ 68,746	$ 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	Sep. 30, 2018	Dec. 31, 2017
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	$ 40,113	$ 45,556
Multi-Family
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	5,814	8,885
Commercial Real Estate
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings		368
One-to-four family
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	1,033	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	23,714	26,585
Accruing
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	10,364	9,653
Accruing | Multi-Family
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	812	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	29,749	35,903
Non-Accrual | Multi-Family
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	5,002	8,061
Non-Accrual | Commercial Real Estate
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings		368
Non-Accrual | One-to-four family
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	1,033	1,066
Non-Accrual | Commercial and Industrial
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	$ 23,714	$ 26,408

Summary of Financial Effects of

Summary of Financial Effects of Troubled Debt Restructurings (Detail) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018USD ($)Investment	Sep. 30, 2017USD ($)Investment	Sep. 30, 2018USD ($)Investment	Sep. 30, 2017USD ($)Investment
Financing Receivable, Modifications [Line Items]
Number of loans classified as a non-accrual TDRs | Investment		24	19	58
Pre-Modification Recorded Investment		$ 26,654	$ 7,814	$ 58,178
Post-Modification Recorded Investment		16,272	5,286	33,315
Trouble debt restructuring, charge-off amount		$ 6,350	$ 2,308	11,079
Capitalized interest				$ 12
Acquisition, Development and Construction
Financing Receivable, Modifications [Line Items]
Number of loans classified as a non-accrual TDRs | Investment		2	1	2
Pre-Modification Recorded Investment		$ 8,652	$ 900	$ 8,652
Post-Modification Recorded Investment		$ 8,652	$ 900	$ 8,652
Weighted Average Interest Rate, Pre-Modification		5.50%	4.50%	5.50%
Weighted Average Interest Rate, Post-Modification		5.50%	4.50%	5.50%
Commercial and Industrial
Financing Receivable, Modifications [Line Items]
Number of loans classified as a non-accrual TDRs | Investment	6	22	18	52
Pre-Modification Recorded Investment	$ 1,848	$ 18,002	$ 6,914	$ 48,716
Post-Modification Recorded Investment	$ 1,212	$ 7,620	$ 4,386	$ 23,673
Weighted Average Interest Rate, Pre-Modification	3.36%	3.18%	3.30%	3.36%
Weighted Average Interest Rate, Post-Modification	3.28%	2.91%	3.18%	3.29%
Trouble debt restructuring, charge-off amount	$ 545	$ 6,350	$ 2,308	$ 11,079
One-to-four family
Financing Receivable, Modifications [Line Items]
Number of loans classified as a non-accrual TDRs | Investment				4
Pre-Modification Recorded Investment				$ 810
Post-Modification Recorded Investment				$ 990
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	Sep. 30, 2018	Dec. 31, 2017
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for Loan Losses, Collectively evaluated for impairment	$ 159,655	$ 158,046
Mortgage Receivable
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for Loan Losses, Collectively evaluated for impairment	128,816	128,275
Other loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance for Loan Losses, Collectively evaluated for impairment	$ 30,839	$ 29,771

Additional Information Regardin

Additional Information Regarding Methods used to Evaluate Loan Portfolio for Impairment (Detail) - Additional Information Loan Portfolio - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Receivable, Individually evaluated for impairment	$ 64,904	$ 80,557
Loans Receivable, Collectively evaluated for impairment	39,741,127	38,278,465
Total loans, net	39,806,031	38,359,022
Mortgage Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Receivable, Individually evaluated for impairment	21,418	31,747
Loans Receivable, Collectively evaluated for impairment	37,448,903	36,278,241
Total loans, net	37,470,321	36,309,988
Other loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Receivable, Individually evaluated for impairment	43,486	48,810
Loans Receivable, Collectively evaluated for impairment	2,292,224	2,000,224
Total loans, net	$ 2,335,710	$ 2,049,034

Activity in Allowance for Loa_2

Activity in Allowance for Loan Losses (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Valuation Allowance [Line Items]
Balance, beginning of period			$ 158,046	$ 158,290
Charge-offs			(15,150)	(58,578)
Recoveries			1,273	1,189
Balance, end of period	$ 159,655	$ 158,918	159,655	158,918
Non-Covered Loans
Valuation Allowance [Line Items]
Provision for (recovery of) non-covered loan losses	1,201	44,585	15,486	58,017
Mortgage Receivable
Valuation Allowance [Line Items]
Balance, beginning of period			128,275	125,416
Charge-offs			(5,445)	(375)
Recoveries			242	595
Balance, end of period	128,816	122,522	128,816	122,522
Mortgage Receivable | Non-Covered Loans
Valuation Allowance [Line Items]
Provision for (recovery of) non-covered loan losses			5,744	(3,114)
Other loans
Valuation Allowance [Line Items]
Balance, beginning of period			29,771	32,874
Charge-offs			(9,705)	(58,203)
Recoveries			1,031	594
Balance, end of period	$ 30,839	$ 36,396	30,839	36,396
Other loans | Non-Covered Loans
Valuation Allowance [Line Items]
Provision for (recovery of) non-covered loan losses			$ 9,742	$ 61,131

Additional Information about Im

Additional Information about Impaired Loans (Detail) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2018	Dec. 31, 2017
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance, Recorded Investment	$ 64,904	$ 80,557
Impaired loans with no related allowance, Unpaid Principal Balance	137,449	154,647
Impaired loans with no related allowance, Average Recorded Investment	70,243	69,615
Impaired loans with no related allowance, Interest Income Recognized	3,290	3,412
Impaired loans with an allowance recorded, Recorded Investment	0	0
Impaired loans with an allowance recorded, Unpaid Principal Balance	0	0
Impaired loans with an allowance recorded, Related Allowance	0	0
Impaired loans with an allowance recorded, Average Recorded Investment	20	314
Impaired loans with an allowance recorded, Interest Income Recognized	0	0
Total impaired loans, Recorded Investment	64,904	80,557
Total impaired loans, Unpaid Principal Balance	137,449	154,647
Total impaired loans, Related Allowance	0	0
Total impaired loans, Average Recorded Investment	70,263	69,929
Total impaired loans, Interest Income Recognized	3,290	3,412
Multi-Family
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance, Recorded Investment	5,815	8,892
Impaired loans with no related allowance, Unpaid Principal Balance	8,676	11,470
Impaired loans with no related allowance, Average Recorded Investment	7,282	9,554
Impaired loans with no related allowance, Interest Income Recognized	323	495
Impaired loans with an allowance recorded, Recorded Investment	0	0
Impaired loans with an allowance recorded, Unpaid Principal Balance	0	0
Impaired loans with an allowance recorded, Related Allowance	0	0
Impaired loans with an allowance recorded, Interest Income Recognized	0	0
Total impaired loans, Recorded Investment	5,815	8,892
Total impaired loans, Unpaid Principal Balance	8,676	11,470
Total impaired loans, Related Allowance	0	0
Total impaired loans, Average Recorded Investment	7,282	9,554
Total impaired loans, Interest Income Recognized	323	495
Commercial Real Estate
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance, Recorded Investment	4,386	5,137
Impaired loans with no related allowance, Unpaid Principal Balance	9,501	10,252
Impaired loans with no related allowance, Average Recorded Investment	3,955	3,522
Impaired loans with no related allowance, Interest Income Recognized	62	92
Impaired loans with an allowance recorded, Recorded Investment	0	0
Impaired loans with an allowance recorded, Unpaid Principal Balance	0	0
Impaired loans with an allowance recorded, Related Allowance	0	0
Impaired loans with an allowance recorded, Interest Income Recognized	0	0
Total impaired loans, Recorded Investment	4,386	5,137
Total impaired loans, Unpaid Principal Balance	9,501	10,252
Total impaired loans, Related Allowance	0	0
Total impaired loans, Average Recorded Investment	3,955	3,522
Total impaired loans, Interest Income Recognized	62	92
One-to-four family
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance, Recorded Investment	1,665	1,966
Impaired loans with no related allowance, Unpaid Principal Balance	1,719	2,072
Impaired loans with no related allowance, Average Recorded Investment	1,812	2,489
Impaired loans with no related allowance, Interest Income Recognized	36	50
Impaired loans with an allowance recorded, Recorded Investment	0	0
Impaired loans with an allowance recorded, Unpaid Principal Balance	0	0
Impaired loans with an allowance recorded, Related Allowance	0	0
Impaired loans with an allowance recorded, Interest Income Recognized	0	0
Total impaired loans, Recorded Investment	1,665	1,966
Total impaired loans, Unpaid Principal Balance	1,719	2,072
Total impaired loans, Related Allowance	0	0
Total impaired loans, Average Recorded Investment	1,812	2,489
Total impaired loans, Interest Income Recognized	36	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	11,102	10,976
Impaired loans with no related allowance, Interest Income Recognized	441	575
Impaired loans with an allowance recorded, Recorded Investment	0	0
Impaired loans with an allowance recorded, Unpaid Principal Balance	0	0
Impaired loans with an allowance recorded, Related Allowance	0	0
Impaired loans with an allowance recorded, Interest Income Recognized	0	0
Total impaired loans, Recorded Investment	9,552	15,752
Total impaired loans, Unpaid Principal Balance	10,452	25,952
Total impaired loans, Related Allowance	0	0
Total impaired loans, Average Recorded Investment	11,102	10,976
Total impaired loans, Interest Income Recognized	441	575
Other loans
Financing Receivable, Impaired [Line Items]
Impaired loans with no related allowance, Recorded Investment	43,486	48,810
Impaired loans with no related allowance, Unpaid Principal Balance	107,101	104,901
Impaired loans with no related allowance, Average Recorded Investment	46,092	43,074
Impaired loans with no related allowance, Interest Income Recognized	2,428	2,200
Impaired loans with an allowance recorded, Recorded Investment	0	0
Impaired loans with an allowance recorded, Unpaid Principal Balance	0	0
Impaired loans with an allowance recorded, Related Allowance	0	0
Impaired loans with an allowance recorded, Average Recorded Investment	20	314
Impaired loans with an allowance recorded, Interest Income Recognized	0	0
Total impaired loans, Recorded Investment	43,486	48,810
Total impaired loans, Unpaid Principal Balance	107,101	104,901
Total impaired loans, Related Allowance	0	0
Total impaired loans, Average Recorded Investment	46,112	43,388
Total impaired loans, Interest Income Recognized	$ 2,428	$ 2,200

Summary of Borrowed Funds (Deta

Summary of Borrowed Funds (Detail) - USD ($) $ in Thousands	Sep. 30, 2018	Dec. 31, 2017
Debt Outstanding [Line Items]
FHLB advances	$ 13,281,000	$ 12,104,500
Repurchase agreements	200,000	450,000
Total wholesale borrowings	13,481,000	12,554,500
Junior subordinated debentures	359,422	359,179
Total borrowed funds	$ 13,840,422	$ 12,913,679

Summary of Repurchase Agreement

Summary of Repurchase Agreements Accounted for Secured Borrowings (Detail) $ in Thousands	Sep. 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	Sep. 30, 2018	Dec. 31, 2017
Debt Instrument [Line Items]
Junior subordinated debentures	$ 359,422	$ 359,179

Junior Subordinated Debentures

Junior Subordinated Debentures Outstanding (Detail) - USD ($) $ in Thousands		9 Months Ended
		Sep. 30, 2018	Dec. 31, 2017
Subordinated Borrowing [Line Items]
Junior Subordinated Debentures Amount Outstanding		$ 359,422	$ 359,179
Capital Securities Amount Outstanding		$ 346,645
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		$ 145,496
Capital Securities Amount Outstanding		$ 139,145
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		3.934%
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		5.584%
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		4.046%
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		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Pension Benefits
Components of net periodic (credit) expense:
Interest cost	[1]	$ 1,271	$ 1,404	$ 3,814	$ 4,211
Expected return on plan assets	[1]	(4,035)	(4,073)	(12,106)	(12,217)
Amortization of net actuarial loss	[1]	1,795	2,053	5,386	6,157
Net periodic (credit) expense	[1]	(969)	(616)	(2,906)	(1,849)
Post-Retirement Benefits
Components of net periodic (credit) expense:
Interest cost	[1]	128	144	384	433
Amortization of prior-service costs	[1]	(62)	(62)	(186)	(187)
Amortization of net actuarial loss	[1]	76	68	229	206
Net periodic (credit) expense	[1]	$ 142	$ 150	$ 427	$ 452
[1]	Amounts are included in G&A expense on the Consolidated Statements of Income and Comprehensive Income.

Pension and Other Post-Retire_3

Pension and Other Post-Retirement Benefits - Additional Information (Detail)	Sep. 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		9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares available for grant	4,844,468		4,844,468
Shares granted			2,535,523
Shares granted, weighted average grant date fair value			$ 13.51
Unrecognized compensation cost relating to unvested restricted stock	$ 81.9		$ 81.9
Unrecognized compensation cost relating to unvested restricted stock, recognition period (in years)			3 years 1 month 6 days
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted, vesting period			5 years
Compensation and benefits expense	$ 9.4	$ 9.1	$ 28.1	$ 27.3
Stock Incentive Plan Twenty Twelve | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted	77,000		2,535,523
Shares granted, weighted average grant date fair value	$ 10.94		$ 13.51

Summary of Activity for Restric

Summary of Activity for Restricted Stock Awards (Detail)	9 Months Ended
	Sep. 30, 2018$ / sharesshares
Number of Shares
Unvested at beginning of year | shares	5,574,167
Granted | shares	2,535,523
Vested | shares	(842,202)
Canceled | shares	(233,640)
Unvested at end of period | shares	7,033,848
Weighted Average Grant Date Fair Value
Unvested at beginning of year | $ / shares	$ 15.38
Granted | $ / shares	13.51
Vested | $ / shares	15.16
Canceled | $ / shares	14.87
Unvested at end of period | $ / shares	$ 14.75

Assets and Liabilities Measured

Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - USD ($)	Sep. 30, 2018		Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities available for sale	$ 4,764,283,000	[1]	$ 3,531,427,000
Total equity securities	31,724,000
Total securities	4,796,007,000		3,531,427,000
Loans held for sale	0		35,258,000
Mortgage servicing rights	0		2,729,000
Fair Value, Measurements, Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities available for sale	4,764,283,000		3,531,427,000
Total equity securities	31,724,000
Total securities	4,796,007,000
Loans held for sale			35,258,000
Mortgage servicing rights			2,729,000
Fair Value, Measurements, Recurring | Preferred stock
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities available for sale			15,434,000
Total equity securities	15,154,000
Fair Value, Measurements, Recurring | Mutual Funds and Common Stock
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities available for sale			17,100,000
Total equity securities	16,570,000
Fair Value, Measurements, Recurring | GSE certificates
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities available for sale	1,863,856,000		2,068,842,000
Fair Value, Measurements, Recurring | GSE CMOs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities available for sale	917,040,000		549,904,000
Fair Value, Measurements, Recurring | Mortgage-Related Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities available for sale	2,780,896,000		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 debt securities available for sale			199,898,000
Fair Value, Measurements, Recurring | GSE debentures
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities available for sale	1,021,691,000		473,258,000
Fair Value, Measurements, Recurring | Asset backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities available for sale	388,323,000
Fair Value, Measurements, Recurring | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities available for sale	67,499,000		70,120,000
Fair Value, Measurements, Recurring | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities available for sale	455,631,000		90,775,000
Fair Value, Measurements, Recurring | Capital trust notes
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities available for sale	50,243,000		46,096,000
Fair Value, Measurements, Recurring | Other Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt 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 debt securities available for sale	1,983,387,000
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 debt securities available for sale			215,332,000
Total equity securities	15,154,000
Total securities	15,154,000
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 debt securities available for sale			15,434,000
Total equity securities	15,154,000
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 debt securities available for sale			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 debt securities available for sale			215,332,000
Fair Value, Measurements, Recurring | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total debt securities available for sale	4,764,283,000		3,316,095,000
Total equity securities	16,570,000
Total securities	4,780,853,000
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 debt securities available for sale			17,100,000
Total equity securities	16,570,000
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 debt securities available for sale	1,863,856,000		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 debt securities available for sale	917,040,000		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 debt securities available for sale	2,780,896,000		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 debt securities available for sale	1,021,691,000		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 debt securities available for sale	388,323,000
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 debt securities available for sale	67,499,000		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 debt securities available for sale	455,631,000		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 debt securities available for sale	50,243,000		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 debt 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 debt securities available for sale	$ 1,983,387,000
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			$ 2,729,000
[1]	As equity securities have no contractual maturity, they have been excluded from this table.

Assets and Liabilities Measur_2

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 ($)	Sep. 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	9 Months Ended
		Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Fair Value, Option, Quantitative Disclosures [Line Items]
(Loss) Gain Included in Income from Changes in Fair Value	[1]	$ (9,279)	$ (224)	$ (19,033)
Loans held for sale
Fair Value, Option, Quantitative Disclosures [Line Items]
(Loss) Gain Included in Income from Changes in Fair Value	[1]	464		1,059
Mortgage servicing rights
Fair Value, Option, Quantitative Disclosures [Line Items]
(Loss) Gain Included in Income from Changes in Fair Value	[1]	$ (9,743)	$ (224)	$ (20,092)
[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	9 Months Ended
	Sep. 30, 2018	Sep. 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		(713)
Total Realized/Unrealized (Losses)/Gain Recorded in Comprehensive (Loss) Income		0
Transfers to/(from) level 3		0
Fair Value, Ending Balance		269
Change in Unrealized Gains/(Losses) Related to Instruments Held		269
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)	(34,544)
Total Realized/Unrealized (Losses)/Gain Recorded in Comprehensive (Loss) Income	0	0
Issuances		18,054
Settlements	(2,505)	(208,827)
Transfers to/(from) level 3	$ 0	0
Fair Value, Ending Balance		2,782
Change in Unrealized Gains/(Losses) Related to Instruments Held		$ (182)

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($)	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities, transfers out of Level 3	$ 0	$ 0

Assets and Liabilities Measur_3

Assets and Liabilities Measured at Fair Value on Non-Recurring Basis (Detail) - Fair Value, Measurements, Nonrecurring - USD ($) $ in Thousands	Sep. 30, 2018		Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Certain impaired loans	$ 41,636	[1]	$ 45,837	[2]
Other assets	667		4,357	[3]
Total	42,303		50,194
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Certain impaired loans	41,636	[1]	45,837	[2]
Other assets	667		4,357	[3]
Total	$ 42,303		$ 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		Sep. 30, 2018	Dec. 31, 2017
Financial Assets:
Cash and cash equivalents		$ 1,731,754	$ 2,528,169
FHLB stock	[1]	654,939	603,819
Loans, net		39,678,616	38,265,183
Financial Liabilities:
Deposits		30,319,284	29,102,163
Borrowed funds		13,840,422	12,913,679
Financial Assets:
Cash and cash equivalents		1,731,754	2,528,169
FHLB stock	[1]	654,939	603,819
Loans, net		38,940,057	38,254,538
Financial Liabilities:
Deposits		30,279,953	29,044,852
Borrowed funds		13,693,629	12,780,653
Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial Assets:
Cash and cash equivalents		1,731,754	2,528,169
Financial Liabilities:
Deposits	[2]	18,909,310	20,458,517
Significant Other Observable Inputs (Level 2)
Financial Assets:
FHLB stock	[1]	654,939	603,819
Financial Liabilities:
Deposits	[3]	11,370,643	8,586,335
Borrowed funds		13,693,629	12,780,653
Significant Unobservable Inputs (Level 3)
Financial Assets:
Loans, net		$ 38,940,057	$ 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.

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - Subsequent Event [Member] - Senior Subordinated Notes [Member] $ in Millions	Nov. 06, 2018USD ($)
Subsequent Event [Line Items]
Subordinated notes issued	$ 300
Subordinated notes interest rate	5.90%
Interest on the notes	Payable semi-annually in arrears. From November 6, 2023 to November 7, 2028,
Subordinated note maturity date	Nov. 7, 2028
London Interbank Offered Rate (LIBOR) [Member]
Subsequent Event [Line Items]
Description of LIBOR rate	Three-month LIBOR rate plus 278 bps
Basis spread on notes	2.78%

Impact of Recent Accounting P_2

Impact of Recent Accounting Pronouncements - Additional Information (Detail) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 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)