Astoria Financial 10-Q 5 Aug 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2016	Jul. 29, 2016
Document and Entity Information
Entity Registrant Name	ASTORIA FINANCIAL CORP
Entity Central Index Key	910,322
Trading Symbol	AF
Document Type	10-Q
Document Period End Date	Jun. 30, 2016
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		101,341,264
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Assets:
Cash and due from banks	$ 132,195	$ 200,538
Available-for-sale securities:
Encumbered	32,951	81,481
Unencumbered	323,396	335,317
Total available-for-sale securities	356,347	416,798
Held-to-maturity securities, fair value of $2,716,702 and $2,286,092, respectively:
Encumbered	1,153,806	1,123,480
Unencumbered	1,524,124	1,173,319
Total held-to-maturity securities	2,677,930	2,296,799
Federal Home Loan Bank of New York stock, at cost	137,909	131,137
Loans held-for-sale, net	6,843	8,960
Loans receivable	10,839,329	11,153,081
Allowance for loan losses	(90,000)	(98,000)
Loans receivable, net	10,749,329	11,055,081
Mortgage servicing rights, net	8,881	11,014
Accrued interest receivable	35,565	34,996
Premises and equipment, net	106,601	109,758
Goodwill	185,151	185,151
Bank owned life insurance	442,271	439,646
Real estate owned, net	14,940	19,798
Other assets	163,109	166,535
Total assets	15,017,071	15,076,211
Deposits:
NOW and demand deposit	2,463,702	2,413,823
Money market	2,674,935	2,560,204
Savings	2,104,975	2,137,818
Certificates of deposit	1,707,518	1,994,182
Total deposits	8,951,130	9,106,027
Federal funds purchased	295,000	435,000
Reverse repurchase agreements	1,100,000	1,100,000
Federal Home Loan Bank of New York advances	2,374,000	2,180,000
Other borrowings, net	249,487	249,222
Mortgage escrow funds	131,042	115,435
Accrued expenses and other liabilities	221,088	227,079
Total liabilities	13,321,747	13,412,763
Stockholders’ Equity:
Preferred stock, $1.00 par value; 5,000,000 shares authorized: Series C (150,000 shares authorized; and 135,000 shares issued and outstanding)	129,796	129,796
Common stock, $0.01 par value (200,000,000 shares authorized; 166,494,888 shares issued; and 101,341,169 and 100,721,358 shares outstanding, respectively)	1,665	1,665
Additional paid-in capital	895,095	902,349
Retained earnings	2,066,471	2,045,391
Treasury stock (65,153,719 and 65,773,530 shares, at cost, respectively)	(1,344,347)	(1,357,136)
Accumulated other comprehensive loss	(53,356)	(58,617)
Total stockholders’ equity	1,695,324	1,663,448
Total liabilities and stockholders’ equity	$ 15,017,071	$ 15,076,211

Consolidated Statements of Fin3

Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Held-to-maturity securities, fair value	$ 2,716,702	$ 2,286,092
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	200,000,000	200,000,000
Common stock, shares issued (in shares)	166,494,888	166,494,888
Common stock, shares outstanding (in shares)	101,341,169	100,721,358
Treasury stock (in shares)	65,153,719	65,773,530
Series C Preferred Stock
Preferred stock, shares authorized (in shares)	150,000	150,000
Preferred stock, shares issued (in shares)	135,000	135,000
Preferred stock, shares outstanding (in shares)	135,000	135,000

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Interest income:
Residential mortgage loans	$ 45,683	$ 51,375	$ 93,058	$ 105,337
Multi-family and commercial real estate mortgage loans	46,607	48,611	93,412	96,103
Consumer and other loans	2,435	2,242	4,807	4,432
Mortgage-backed and other securities	17,400	15,238	34,304	30,308
Interest-earning cash accounts	116	107	236	196
Federal Home Loan Bank of New York stock	1,487	1,461	2,908	2,983
Total interest income	113,728	119,034	228,725	239,359
Interest expense:
Deposits	6,557	9,944	14,019	20,673
Borrowings	24,085	23,940	48,368	47,815
Total interest expense	30,642	33,884	62,387	68,488
Net interest income	83,086	85,150	166,338	170,871
Provision for loan losses credited to operations	(3,006)	(2,967)	(6,133)	(3,310)
Net interest income after provision for loan losses	86,092	88,117	172,471	174,181
Non-interest income:
Customer service fees	7,542	8,871	14,530	17,082
Other loan fees	567	553	1,101	1,106
Gain on sales of securities	0	72	86	72
Mortgage banking income, net	155	2,076	118	2,403
Income from bank owned life insurance	2,336	2,179	4,625	4,376
Other	1,316	1,591	2,857	3,236
Total non-interest income	11,916	15,342	23,317	28,275
General and administrative:
Compensation and benefits	36,708	37,655	74,961	73,936
Occupancy, equipment and systems	18,840	18,980	38,231	38,638
Federal deposit insurance premium	3,031	4,335	6,561	8,536
Advertising	3,018	2,801	4,471	5,065
Other	8,452	8,105	15,347	15,813
Total non-interest expense	70,049	71,876	139,571	141,988
Income before income tax expense	27,959	31,583	56,217	60,468
Income tax expense	9,623	152	19,316	9,730
Net income	18,336	31,431	36,901	50,738
Preferred stock dividends	2,194	2,194	4,388	4,388
Net income available to common shareholders	$ 16,142	$ 29,237	$ 32,513	$ 46,350
Basic earnings per common share (in dollars per share)	$ 0.16	$ 0.29	$ 0.32	$ 0.46
Diluted earnings per common share (in dollars per share)	$ 0.16	$ 0.29	$ 0.32	$ 0.46
Basic weighted average common shares outstanding (in shares)	100,380,937	99,664,442	100,374,934	99,459,376
Diluted weighted average common shares outstanding (in shares)	100,380,937	99,664,442	100,374,934	99,459,376

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 18,336	$ 31,431	$ 36,901	$ 50,738
Net unrealized gain (loss) on securities available-for-sale:
Net unrealized holding gain (loss) on securities arising during the period	507	(2,748)	4,543	(755)
Reclassification adjustment for gain on sales of securities included in net income	0	(43)	(51)	(43)
Net unrealized gain (loss) on securities available-for-sale	507	(2,791)	4,492	(798)
Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income	315	417	712	886
Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income	29	27	57	56
Total other comprehensive income (loss), net of tax	851	(2,347)	5,261	144
Comprehensive income	$ 19,187	$ 29,084	$ 42,162	$ 50,882

Consolidated Statement of Chang

Consolidated Statement of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Preferred Stock	Common Stock	Additional Paid-in Capital	Retained Earnings	Treasury Stock	Accumulated Other Comprehensive Loss
Balance at beginning of period at Dec. 31, 2014	$ 1,580,070	$ 129,796	$ 1,665	$ 897,049	$ 1,992,833	$ (1,375,322)	$ (65,951)
Increase (Decrease) in Stockholders' Equity
Net income	50,738				50,738
Other comprehensive income, net of tax	144						144
Dividends on preferred stock	(4,388)				(4,388)
Dividends on common stock	(8,024)				(8,024)
Sales of treasury stock	6,055				(3,765)	9,820
Restricted stock grants				(5,562)	(3,252)	8,814
Forfeitures of restricted stock				583	456	(1,039)
Stock-based compensation	3,916			3,903	13
Net tax benefit excess from stock-based compensation	11			11
Balance at end of period at Jun. 30, 2015	1,628,522	129,796	1,665	895,984	2,024,611	(1,357,727)	(65,807)
Balance at beginning of period at Mar. 31, 2015							(63,460)
Increase (Decrease) in Stockholders' Equity
Net income	31,431
Other comprehensive income, net of tax	(2,347)						(2,347)
Balance at end of period at Jun. 30, 2015	1,628,522	129,796	1,665	895,984	2,024,611	(1,357,727)	(65,807)
Balance at beginning of period at Dec. 31, 2015	1,663,448	129,796	1,665	902,349	2,045,391	(1,357,136)	(58,617)
Increase (Decrease) in Stockholders' Equity
Net income	36,901				36,901
Other comprehensive income, net of tax	5,261						5,261
Dividends on preferred stock	(4,388)				(4,388)
Dividends on common stock	(8,107)				(8,107)
Sales of treasury stock	83				(31)	114
Restricted stock grants				(10,329)	(3,823)	14,152
Forfeitures of restricted stock				950	527	(1,477)
Stock-based compensation	2,107			2,106	1
Net tax benefit excess from stock-based compensation	19			19
Balance at end of period at Jun. 30, 2016	1,695,324	129,796	1,665	895,095	2,066,471	(1,344,347)	(53,356)
Balance at beginning of period at Mar. 31, 2016							(54,207)
Increase (Decrease) in Stockholders' Equity
Net income	18,336
Other comprehensive income, net of tax	851						851
Balance at end of period at Jun. 30, 2016	$ 1,695,324	$ 129,796	$ 1,665	$ 895,095	$ 2,066,471	$ (1,344,347)	$ (53,356)

Consolidated Statement of Chan7

Consolidated Statement of Changes in Stockholders' Equity (Parenthetical) - $ / shares	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Statement of Stockholders' Equity [Abstract]
Dividends on preferred stock (in dollars per share)	$ 32.5	$ 32.5
Dividends on common stock (in dollars per share)	$ 0.08	$ 0.08
Sale of treasury stock (in shares)	5,519	475,182
Restricted stock grants, shares	685,872	426,552
Forfeitures of restricted stock, shares	71,580	50,294

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Cash flows from operating activities:
Net income	$ 36,901	$ 50,738
Adjustments to reconcile net income to net cash provided by operating activities:
Net amortization on loans	5,058	6,219
Net amortization on securities and borrowings	3,988	4,855
Net provision for loan and real estate losses credited to operations	(5,545)	(2,774)
Depreciation and amortization	7,299	6,134
Net gain on sales of loans and securities	(1,091)	(1,081)
Mortgage servicing rights amortization and valuation allowance adjustments, net	2,696	611
Stock-based compensation	2,107	3,916
Deferred income tax expense (benefit)	1,206	(10,019)
Originations of loans held-for-sale	(55,461)	(61,079)
Proceeds from sales and principal repayments of loans held-for-sale	57,312	60,759
Increase in accrued interest receivable	(569)	(124)
Bank owned life insurance income and insurance proceeds received, net	(2,625)	(4,376)
Increase in other assets	(1,498)	(1,417)
Decrease in accrued expenses and other liabilities	(4,657)	(3,882)
Net cash provided by operating activities	45,121	48,480
Cash flows from investing activities:
Originations of loans receivable	(641,986)	(767,399)
Loan purchases through third parties	(101,252)	(117,596)
Principal payments on loans receivable	1,042,436	1,311,864
Proceeds from sales of delinquent and non-performing loans	2,182	6,183
Purchases of securities held-to-maturity	(822,576)	(272,524)
Purchases of securities available-for-sale	(30,000)	(88,156)
Principal payments on securities held-to-maturity	438,127	245,317
Principal payments on securities available-for-sale	74,610	22,977
Proceeds from sales of securities available-for-sale	23,065	19,026
Net (purchases) redemptions of Federal Home Loan Bank of New York stock	(6,772)	2,370
Proceeds from sales of real estate owned, net	10,527	15,524
Purchases of premises and equipment, net of proceeds from sales	(4,142)	(5,478)
Net cash (used in) provided by investing activities	(15,781)	372,108
Cash flows from financing activities:
Net decrease in deposits	(154,897)	(277,139)
Net decrease in borrowings with original terms of three months or less	(426,000)	(129,000)
Repayments of borrowings with original terms greater than three months	(895,000)	0
Proceeds from borrowings with terms greater than three months	1,375,000	0
Net increase in mortgage escrow funds	15,607	17,502
Proceeds from sales of treasury stock	83	6,055
Cash dividends paid to stockholders	(12,495)	(12,412)
Net tax benefit excess from stock-based compensation	19	11
Net cash used in financing activities	(97,683)	(394,983)
Net (decrease) increase in cash and cash equivalents	(68,343)	25,605
Cash and cash equivalents at beginning of period	200,538	143,185
Cash and cash equivalents at end of period	132,195	168,790
Supplemental disclosures:
Interest paid	61,544	68,450
Income taxes paid	13,595	17,732
Additions to real estate owned	6,257	3,736
Loans transferred to held-for-sale	$ 1,562	$ 6,205

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements include the accounts of Astoria Financial Corporation and its wholly-owned subsidiaries: Astoria Bank and its subsidiaries, referred to as Astoria Bank, and AF Insurance Agency, Inc. As used in this quarterly report, "Astoria," “we,” “us” and “our” refer to Astoria Financial Corporation and its consolidated subsidiaries. All significant inter-company accounts and transactions have been eliminated in consolidation. In our opinion, the accompanying consolidated financial statements contain all adjustments (consisting only of normal recurring adjustments) necessary for a fair presentation of our financial condition as of June 30, 2016 and December 31, 2015 , our results of operations and other comprehensive income for the three and six months ended June 30, 2016 and 2015 , changes in our stockholders’ equity for the six months ended June 30, 2016 and 2015 and our cash flows for the six months ended June 30, 2016 and 2015 . In preparing the consolidated financial statements, we are required to make estimates and assumptions that affect the reported amounts of assets and liabilities for the consolidated statements of financial condition as of June 30, 2016 and December 31, 2015 , and amounts of revenues, expenses and other comprehensive income in the consolidated statements of income and comprehensive income for the three and six months ended June 30, 2016 and 2015 . The results of operations and other comprehensive income for the three and six months ended June 30, 2016 are not necessarily indicative of the results of operations and other comprehensive income to be expected for the remainder of the year. Certain information and note disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles, or GAAP, have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission, or SEC. These consolidated financial statements should be read in conjunction with our December 31, 2015 audited consolidated financial statements and related notes included in our 2015 Annual Report on Form 10-K. Changes in Income Tax Legislation New York State, or NY State, income tax reform legislation, or the 2014 NY State legislation, was enacted on March 31, 2014 and generally became effective in 2015. Prior to the effective date of the 2014 NY State legislation, we were subject to taxation in NY State under an alternative taxation method based on assets. The 2014 NY State legislation, among other things, removed that alternative method and required that we be taxed in a manner that resulted in an increase in our NY State income tax expense beginning in 2015. On April 13, 2015, a package of additional legislation, or the 2015 NY State legislation, was signed into law in NY State that, among other things, largely conformed New York City, or NY City, banking income tax laws to the 2014 NY State legislation. The 2015 NY State legislation was effective retroactively to tax years beginning on or after January 1, 2015. In addition, on June 30, 2015, the State of Connecticut enacted tax legislation that changed the method for calculating Connecticut income taxes, resulting in the recognition of certain deferred tax assets. Under GAAP, the effects of changes in tax law on current and deferred taxes are accounted for in the period that includes the enactment date of the change, which means that we recorded the impacts of the legislation in the second quarter of 2015. The tax law changes effective in 2015 resulted in a reduction in income tax expense of $11.4 million in the 2015 second quarter comprised of (i) the elimination of our valuation allowance totaling $7.2 million , which previously offset certain deferred tax assets, and (ii) the recognition of additional deferred tax assets totaling $4.2 million , primarily related to NY City taxation.

Merger Agreement with New York

Merger Agreement with New York Community Bancorp, Inc.	6 Months Ended
	Jun. 30, 2016
Business Combinations [Abstract]
Merger Agreement with New York Community Bancorp, Inc.	Merger Agreement with New York Community Bancorp, Inc. On October 28, 2015, Astoria entered into an Agreement and Plan of Merger, or the Merger Agreement, with New York Community Bancorp, Inc., a Delaware corporation, or NYCB. The Merger Agreement provides that, upon the terms and subject to the conditions set forth therein, Astoria will merge with and into NYCB, with NYCB as the surviving corporation, such merger referred to as the Merger. Immediately following the Merger, Astoria’s wholly owned subsidiary, Astoria Bank, will merge with and into NYCB’s wholly owned subsidiary, New York Community Bank, such merger referred to as the Bank Merger. New York Community Bank will be the surviving entity in the Bank Merger. The Merger Agreement was unanimously approved and adopted by the Board of Directors of each of Astoria and NYCB. Subject to the terms and conditions of the Merger Agreement, at the effective time of the Merger, or the Effective Time, Astoria stockholders will have the right to receive one share of common stock, par value $0.01 per share, of NYCB, or NYCB Common Stock, and $0.50 in cash for each share of common stock, par value $0.01 per share, of Astoria Financial Corporation, or Astoria Common Stock. Also in the Merger, each share of Astoria 6.50% Non-Cumulative Perpetual Preferred Stock, Series C, par value $1.00 per share, with a liquidation preference of $1,000 per share, issued and outstanding immediately prior to the Effective Time will be automatically converted into the right to receive one share of NYCB 6.50% Non-Cumulative Perpetual Preferred Stock, Series A, par value $0.01 per share, with a liquidation preference of $1,000 per share. The Merger Agreement contains customary representations and warranties from both Astoria and NYCB, and each party has agreed to customary covenants, including, among others, covenants relating to (1) the conduct of Astoria’s and NYCB’s businesses during the interim period between the execution of the Merger Agreement and the Effective Time, (2) the obligation of NYCB to call a meeting of its stockholders to adopt the Merger Agreement and approve an amendment to its charter to increase the authorized shares of NYCB Common Stock from 600 million to 900 million , and, subject to certain exceptions, to recommend that its stockholders adopt the Merger Agreement and the transactions contemplated thereby, (3) the obligation of Astoria to call a meeting of its stockholders to adopt the Merger Agreement, and, subject to certain exceptions, to recommend that its stockholders adopt the Merger Agreement, and (4) Astoria’s non-solicitation obligations relating to alternative acquisition proposals. Astoria and NYCB have agreed to use their reasonable best efforts to prepare and file all applications, notices, and other documents to obtain all necessary consents and approvals for consummation of the transactions contemplated by the Merger Agreement. The completion of the Merger is subject to customary conditions, including (1) adoption of the Merger Agreement by Astoria’s stockholders, (2) adoption of the Merger Agreement and approval of the NYCB charter amendment by NYCB’s stockholders, (3) authorization for listing on the New York Stock Exchange of the shares of NYCB Common Stock to be issued in the Merger, (4) the receipt of required regulatory approvals, including the approval of the Board of Governors of the Federal Reserve System, or FRB, the Federal Deposit Insurance Corporation, or FDIC, and the New York State Department of Financial Services, or DFS, (5) effectiveness of the registration statement on Form S-4 for the NYCB Common Stock to be issued in the Merger, and (6) the absence of any order, injunction or other legal restraint preventing the completion of the Merger or making the completion of the Merger illegal. The registration statement on Form S-4 for the NYCB Common Stock to be issued in the Merger became effective on March 16, 2016, and special meetings of Astoria’s and NYCB’s respective stockholders were held on April 26, 2016, at which Astoria’s stockholders adopted the Merger Agreement and NYCB’s stockholders adopted the Merger Agreement and approved the NYCB charter amendment. In addition, all applications and notices necessary to obtain the required regulatory approvals to complete the Merger have been submitted or sent by Astoria or NYCB. Each party’s obligation to complete the Merger is also subject to certain additional customary conditions, including (1) subject to certain exceptions, the accuracy of the representations and warranties of the other party, (2) performance in all material respect by the other party of its obligations under the Merger Agreement and (3) receipt by such party of an opinion from its counsel to the effect that the Merger will qualify as a reorganization within the meaning of Section 368(a) of the Internal Revenue Code. The Merger Agreement also provides certain termination rights for both Astoria and NYCB and further provides that a termination fee of $69.5 million will be payable by either Astoria or NYCB, as applicable, upon termination of the Merger Agreement under certain circumstances.

Securities

Securities	6 Months Ended
	Jun. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Securities	Securities The following tables set forth the amortized cost and estimated fair value of securities available-for-sale and held-to-maturity at the dates indicated. At June 30, 2016 (In Thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Available-for-sale: Residential mortgage-backed securities: GSE (1) issuance REMICs and CMOs (2) $ 283,609 $ 5,278 $ (75 ) $ 288,812 Non-GSE issuance REMICs and CMOs 2,213 6 (2 ) 2,217 GSE pass-through certificates 9,821 448 (2 ) 10,267 Total residential mortgage-backed securities 295,643 5,732 (79 ) 301,296 Obligations of GSEs 54,992 57 — 55,049 Fannie Mae stock 15 — (13 ) 2 Total securities available-for-sale $ 350,650 $ 5,789 $ (92 ) $ 356,347 Held-to-maturity: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 1,217,296 $ 22,029 $ (1,131 ) $ 1,238,194 Non-GSE issuance REMICs and CMOs 196 — (7 ) 189 GSE pass-through certificates 238,763 4,383 (274 ) 242,872 Total residential mortgage-backed securities 1,456,255 26,412 (1,412 ) 1,481,255 Multi-family mortgage-backed securities: GSE issuance REMICs 895,011 14,624 (47 ) 909,588 Obligations of GSEs 246,274 870 — 247,144 Corporate Debt securities 80,000 436 (2,112 ) 78,324 Other 390 1 — 391 Total securities held-to-maturity $ 2,677,930 $ 42,343 $ (3,571 ) $ 2,716,702 (1) Government-sponsored enterprise (2) Real estate mortgage investment conduits and collateralized mortgage obligations At December 31, 2015 (In Thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Available-for-sale: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 331,099 $ 2,374 $ (2,934 ) $ 330,539 Non-GSE issuance REMICs and CMOs 3,048 13 (7 ) 3,054 GSE pass-through certificates 10,781 485 (2 ) 11,264 Total residential mortgage-backed securities 344,928 2,872 (2,943 ) 344,857 Obligations of GSEs 73,701 — (1,762 ) 71,939 Fannie Mae stock 15 — (13 ) 2 Total securities available-for-sale $ 418,644 $ 2,872 $ (4,718 ) $ 416,798 Held-to-maturity: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 1,361,907 $ 8,135 $ (14,128 ) $ 1,355,914 Non-GSE issuance REMICs and CMOs 198 — (5 ) 193 GSE pass-through certificates 260,707 1,535 (3,413 ) 258,829 Total residential mortgage-backed securities 1,622,812 9,670 (17,546 ) 1,614,936 Multi-family mortgage-backed securities: GSE issuance REMICs 434,587 1,255 (2,334 ) 433,508 Obligations of GSEs 178,967 220 (480 ) 178,707 Corporate debt securities 60,000 — (1,493 ) 58,507 Other 433 1 — 434 Total securities held-to-maturity $ 2,296,799 $ 11,146 $ (21,853 ) $ 2,286,092 The following tables set forth the estimated fair values of securities with gross unrealized losses at the dates indicated, segregated between securities that have been in a continuous unrealized loss position for less than twelve months and those that have been in a continuous unrealized loss position for twelve months or longer at the dates indicated. At June 30, 2016 Less Than Twelve Months Twelve Months or Longer Total (In Thousands) Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Available-for-sale: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ — $ — $ 22,913 $ (75 ) $ 22,913 $ (75 ) Non-GSE issuance REMICs and CMOs 38 (1 ) 79 (1 ) 117 (2 ) GSE pass-through certificates 74 (1 ) 92 (1 ) 166 (2 ) Fannie Mae stock — — 2 (13 ) 2 (13 ) Total temporarily impaired securities available-for-sale $ 112 $ (2 ) $ 23,086 $ (90 ) $ 23,198 $ (92 ) Held-to-maturity: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 9,800 $ (1 ) $ 157,856 $ (1,130 ) $ 167,656 $ (1,131 ) Non-GSE issuance REMICs and CMOs — — 189 (7 ) 189 (7 ) GSE pass-through certificates — — 69,687 (274 ) 69,687 (274 ) Multi-family mortgage-backed securities: GSE issuance REMICs 45,407 (47 ) — — 45,407 (47 ) Corporate debt securities 67,888 (2,112 ) — — 67,888 (2,112 ) Total temporarily impaired securities held-to-maturity $ 123,095 $ (2,160 ) $ 227,732 $ (1,411 ) $ 350,827 $ (3,571 ) At December 31, 2015 Less Than Twelve Months Twelve Months or Longer Total (In Thousands) Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Available-for-sale: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 189,364 $ (2,934 ) $ — $ — $ 189,364 $ (2,934 ) Non-GSE issuance REMICs and CMOs 75 (2 ) 64 (5 ) 139 (7 ) GSE pass-through certificates 97 (1 ) 103 (1 ) 200 (2 ) Obligations of GSEs 24,602 (390 ) 47,337 (1,372 ) 71,939 (1,762 ) Fannie Mae stock — — 2 (13 ) 2 (13 ) Total temporarily impaired securities available-for-sale $ 214,138 $ (3,327 ) $ 47,506 $ (1,391 ) $ 261,644 $ (4,718 ) Held-to-maturity: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 395,659 $ (3,972 ) $ 289,645 $ (10,156 ) $ 685,304 $ (14,128 ) Non-GSE issuance REMICs and CMOs — — 193 (5 ) 193 (5 ) GSE pass-through certificates 56,503 (586 ) 106,738 (2,827 ) 163,241 (3,413 ) Multi-family mortgage-backed securities: GSE issuance REMICs 276,601 (2,334 ) — — 276,601 (2,334 ) Obligations of GSEs 107,824 (480 ) — — 107,824 (480 ) Corporate debt securities 58,507 (1,493 ) — — 58,507 (1,493 ) Total temporarily impaired securities held-to-maturity $ 895,094 $ (8,865 ) $ 396,576 $ (12,988 ) $ 1,291,670 $ (21,853 ) We held 55 securities which had an unrealized loss at June 30, 2016 and 129 securities which had an unrealized loss at December 31, 2015 . Securities in unrealized loss positions are analyzed as part of our ongoing assessment of other-than-temporary impairment. Our assertion regarding our intent not to sell, or that it is not more likely than not that we will be required to sell a security before its anticipated recovery, is based on a number of factors, including a quantitative estimate of the expected recovery period (which may extend to maturity), and our intended strategy with respect to the identified security or portfolio. If we do have the intent to sell, or believe it is more likely than not that we will be required to sell the security before its anticipated recovery, the unrealized loss is charged directly to earnings in the Consolidated Statements of Income and Comprehensive Income. Other factors considered in determining whether or not an impairment is temporary include the severity of the impairment; the duration of the impairment; the cause of the impairment; the near-term prospects of the issuer; and the estimated recovery period. The unrealized losses on our residential and multi-family mortgage-backed securities and GSE obligations at June 30, 2016 were primarily caused by movements in market interest rates subsequent to the purchase of such securities or obligations. The unrealized losses on our corporate debt obligations were primarily due to the observed credit spread widening that occurred during the first half of 2016, which we attribute to the contemporaneous broad-based equity market volatility. We do not consider these unrealized losses to be other than temporary impairment. During the six months ended June 30, 2016 , proceeds from sales of securities from the available-for-sale portfolio totaled $23.1 million , resulting in gross realized gains of $86,000 . During the six months ended June 30, 2015 , proceeds from sales of securities from the available-for-sale portfolio totaled $19.0 million , resulting in gross realized gains of $72,000 . At June 30, 2016 , available-for-sale debt securities, excluding mortgage-backed securities, had an amortized cost of $55.0 million , an estimated fair value of $55.0 million and contractual maturities in 2022 through 2026 . At June 30, 2016 , held-to-maturity debt securities, excluding mortgage-backed securities, had an amortized cost of $326.7 million , an estimated fair value of $325.9 million and contractual maturities primarily in 2016 through 2027 . Actual maturities may differ from contractual maturities because issuers may have the right to prepay or call obligations with or without prepayment penalties. At June 30, 2016 , the amortized cost of callable securities in our portfolio totaled $251.3 million , of which $234.9 million are callable within one year and at various times thereafter. The balance of accrued interest receivable for securities totaled $7.4 million at June 30, 2016 and $7.4 million at December 31, 2015 .

Loans Receivable and Allowance

Loans Receivable and Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Loans Receivable and Allowance for Loan Losses	Loans Receivable and Allowance for Loan Losses The following tables set forth the composition of our loans receivable portfolio, and an aging analysis by accruing and non-accrual loans, by segment and class at the dates indicated. At June 30, 2016 Past Due (In Thousands) 30-59 Days 60-89 Days 90 Days or More Total Past Due Current Total Accruing loans: Mortgage loans (gross): Residential: Full documentation interest-only $ 4,510 $ 943 $ — $ 5,453 $ 313,953 $ 319,406 Full documentation amortizing 34,084 7,312 — 41,396 4,392,925 4,434,321 Reduced documentation interest-only 5,150 1,004 — 6,154 156,689 162,843 Reduced documentation amortizing 15,267 5,435 — 20,702 558,642 579,344 Total residential 59,011 14,694 — 73,705 5,422,209 5,495,914 Multi-family 4,504 136 716 5,356 4,107,115 4,112,471 Commercial real estate 181 1,654 1,702 3,537 784,840 788,377 Total mortgage loans 63,696 16,484 2,418 82,598 10,314,164 10,396,762 Consumer and other loans (gross): Home equity and other consumer 2,668 541 — 3,209 140,616 143,825 Commercial and industrial — — — — 107,558 107,558 Total consumer and other loans 2,668 541 — 3,209 248,174 251,383 Total accruing loans $ 66,364 $ 17,025 $ 2,418 $ 85,807 $ 10,562,338 $ 10,648,145 Non-accrual loans: Mortgage loans (gross): Residential: Full documentation interest-only $ — $ — $ 12,952 $ 12,952 $ 4,812 $ 17,764 Full documentation amortizing 1,494 886 41,035 43,415 10,637 54,052 Reduced documentation interest-only 579 365 12,980 13,924 5,497 19,421 Reduced documentation amortizing 512 1,447 29,132 31,091 15,179 46,270 Total residential 2,585 2,698 96,099 101,382 36,125 137,507 Multi-family 493 1,451 2,437 4,381 3,192 7,573 Commercial real estate 230 166 — 396 1,251 1,647 Total mortgage loans 3,308 4,315 98,536 106,159 40,568 146,727 Consumer and other loans (gross): Home equity and other consumer — — 5,284 5,284 271 5,555 Commercial and industrial — — 491 491 — 491 Total consumer and other loans — — 5,775 5,775 271 6,046 Total non-accrual loans $ 3,308 $ 4,315 $ 104,311 $ 111,934 $ 40,839 $ 152,773 Total loans: Mortgage loans (gross): Residential: Full documentation interest-only $ 4,510 $ 943 $ 12,952 $ 18,405 $ 318,765 $ 337,170 Full documentation amortizing 35,578 8,198 41,035 84,811 4,403,562 4,488,373 Reduced documentation interest-only 5,729 1,369 12,980 20,078 162,186 182,264 Reduced documentation amortizing 15,779 6,882 29,132 51,793 573,821 625,614 Total residential 61,596 17,392 96,099 175,087 5,458,334 5,633,421 Multi-family 4,997 1,587 3,153 9,737 4,110,307 4,120,044 Commercial real estate 411 1,820 1,702 3,933 786,091 790,024 Total mortgage loans 67,004 20,799 100,954 188,757 10,354,732 10,543,489 Consumer and other loans (gross): Home equity and other consumer 2,668 541 5,284 8,493 140,887 149,380 Commercial and industrial — — 491 491 107,558 108,049 Total consumer and other loans 2,668 541 5,775 8,984 248,445 257,429 Total loans $ 69,672 $ 21,340 $ 106,729 $ 197,741 $ 10,603,177 $ 10,800,918 Net unamortized premiums and deferred loan origination costs 38,411 Loans receivable 10,839,329 Allowance for loan losses (90,000 ) Loans receivable, net $ 10,749,329 At December 31, 2015 Past Due (In Thousands) 30-59 Days 60-89 Days 90 Days or More Total Past Due Current Total Accruing loans: Mortgage loans (gross): Residential: Full documentation interest-only $ 10,045 $ 2,382 $ — $ 12,427 $ 401,486 $ 413,913 Full documentation amortizing 40,151 10,346 332 50,829 4,602,940 4,653,769 Reduced documentation interest-only 7,254 2,321 — 9,575 266,084 275,659 Reduced documentation amortizing 20,135 4,369 — 24,504 527,566 552,070 Total residential 77,585 19,418 332 97,335 5,798,076 5,895,411 Multi-family 1,662 2,069 — 3,731 4,013,541 4,017,272 Commercial real estate 246 1,689 — 1,935 813,640 815,575 Total mortgage loans 79,493 23,176 332 103,001 10,625,257 10,728,258 Consumer and other loans (gross): Home equity and other consumer 2,358 502 — 2,860 151,554 154,414 Commercial and industrial — — — — 91,171 91,171 Total consumer and other loans 2,358 502 — 2,860 242,725 245,585 Total accruing loans $ 81,851 $ 23,678 $ 332 $ 105,861 $ 10,867,982 $ 10,973,843 Non-accrual loans: Mortgage loans (gross): Residential: Full documentation interest-only $ 1,182 $ — $ 11,359 $ 12,541 $ 5,834 $ 18,375 Full documentation amortizing 3,579 603 32,535 36,717 7,480 44,197 Reduced documentation interest-only 257 579 15,285 16,121 11,451 27,572 Reduced documentation amortizing 2,238 365 14,322 16,925 12,935 29,860 Total residential 7,256 1,547 73,501 82,304 37,700 120,004 Multi-family 725 623 2,441 3,789 3,044 6,833 Commercial real estate 241 — 572 813 3,126 3,939 Total mortgage loans 8,222 2,170 76,514 86,906 43,870 130,776 Consumer and other loans (gross): Home equity and other consumer — — 6,405 6,405 — 6,405 Commercial and industrial — — 703 703 — 703 Total consumer and other loans — — 7,108 7,108 — 7,108 Total non-accrual loans $ 8,222 $ 2,170 $ 83,622 $ 94,014 $ 43,870 $ 137,884 Total loans: Mortgage loans (gross): Residential: Full documentation interest-only $ 11,227 $ 2,382 $ 11,359 $ 24,968 $ 407,320 $ 432,288 Full documentation amortizing 43,730 10,949 32,867 87,546 4,610,420 4,697,966 Reduced documentation interest-only 7,511 2,900 15,285 25,696 277,535 303,231 Reduced documentation amortizing 22,373 4,734 14,322 41,429 540,501 581,930 Total residential 84,841 20,965 73,833 179,639 5,835,776 6,015,415 Multi-family 2,387 2,692 2,441 7,520 4,016,585 4,024,105 Commercial real estate 487 1,689 572 2,748 816,766 819,514 Total mortgage loans 87,715 25,346 76,846 189,907 10,669,127 10,859,034 Consumer and other loans (gross): Home equity and other consumer 2,358 502 6,405 9,265 151,554 160,819 Commercial and industrial — — 703 703 91,171 91,874 Total consumer and other loans 2,358 502 7,108 9,968 242,725 252,693 Total loans $ 90,073 $ 25,848 $ 83,954 $ 199,875 $ 10,911,852 $ 11,111,727 Net unamortized premiums and deferred loan origination costs 41,354 Loans receivable 11,153,081 Allowance for loan losses (98,000 ) Loans receivable, net $ 11,055,081 We segment our one-to-four family, or residential, mortgage loan portfolio by interest-only and amortizing loans, full documentation and reduced documentation loans, and origination time periods, and analyze our historical loss experience and delinquency levels and trends of these segments. We analyze multi-family and commercial real estate mortgage loans by portfolio using predictive modeling techniques for loans originated after 2010 and by geographic location for loans originated prior to 2011. We analyze our consumer and other loan portfolio by home equity lines of credit, commercial and industrial loans and other consumer loans and perform similar historical loss analyses. We analyze our historical loss experience over 12 , 15 , 18 and 24 month periods. The loss history used in calculating our quantitative allowance coverage percentages varies based on loan type. Also, for a particular loan type, we may not have sufficient loss history to develop a reasonable estimate of loss and in these instances we may consider our loss experience for other, similar loan types and may evaluate those losses over a longer period than two years. Additionally, multi-family and commercial real estate loss experience may be adjusted based on the composition of the losses (loan sales, short sales and partial charge-offs). Our evaluation of loss experience factors considers trends in such factors over the prior three years, as well as an estimate of the average amount of time from an event signaling the potential inability of a borrower to continue to pay as agreed to the point at which a loss is confirmed, for substantially all of the loan portfolio, with the exception of multi-family and commercial real estate mortgage loans originated after 2010, for which our evaluation includes detailed modeling techniques. These modeling techniques utilize data inputs for each loan in the portfolio, including credit facility terms and performance to date, property details and borrower financial performance data. The model also incorporates real estate market data from an established real estate market database company to forecast future performance of the properties, and includes a loan loss predictive model based on studies of defaulted commercial real estate loans. The model then generates a probability of default, loss given default and ultimately an estimated loss for each loan quarterly over the remaining life of the loan. The appropriate timeframe from which to assign an estimated loss percentage to the pool of loans is assessed by management. We update our historical loss analyses, as well as our predictive model, quarterly and evaluate the need to modify our quantitative allowances as a result of our updated charge-off and loss analyses. We also consider qualitative factors with the purpose of assessing the adequacy of the overall allowance for loan losses as well as the allocation of the allowance for loan losses by loan category. Allowance adequacy calculations are adjusted quarterly, based on the results of our quantitative and qualitative analyses, to reflect our current estimates of the amount of probable losses inherent in our loan portfolio. The portion of the allowance allocated to each loan category does not represent the total available to absorb losses which may occur within the loan category, since the total allowance for loan losses is available for losses applicable to the entire loan portfolio. The following tables set forth the changes in our allowance for loan losses by loan receivable segment for the periods indicated. For the Three Months Ended June 30, 2016 Mortgage Loans Consumer and Other Loans Multi-Family Commercial Real Estate (In Thousands) Residential Total Balance at April 1, 2016 $ 44,378 $ 33,020 $ 10,368 $ 6,434 $ 94,200 Provision (credited) charged to operations (1,658 ) (1,270 ) (596 ) 518 (3,006 ) Charge-offs (1,826 ) (99 ) (63 ) (95 ) (2,083 ) Recoveries 326 480 — 83 889 Balance at June 30, 2016 $ 41,220 $ 32,131 $ 9,709 $ 6,940 $ 90,000 For the Six Months Ended June 30, 2016 Mortgage Loans Consumer and Other Loans Multi-Family Commercial Real Estate (In Thousands) Residential Total Balance at January 1, 2016 $ 44,951 $ 35,544 $ 11,217 $ 6,288 $ 98,000 Provision (credited) charged to operations (1,520 ) (4,527 ) (1,445 ) 1,359 (6,133 ) Charge-offs (3,491 ) (409 ) (63 ) (860 ) (4,823 ) Recoveries 1,280 1,523 — 153 2,956 Balance at June 30, 2016 $ 41,220 $ 32,131 $ 9,709 $ 6,940 $ 90,000 For the Three Months Ended June 30, 2015 Mortgage Loans Consumer and Other Loans Multi-Family Commercial Real Estate (In Thousands) Residential Total Balance at April 1, 2015 $ 43,481 $ 40,082 $ 17,118 $ 9,819 $ 110,500 Provision charged (credited) to operations 1,497 (1,663 ) (1,728 ) (1,073 ) (2,967 ) Charge-offs (1,602 ) (103 ) — (86 ) (1,791 ) Recoveries 1,170 478 — 110 1,758 Balance at June 30, 2015 $ 44,546 $ 38,794 $ 15,390 $ 8,770 $ 107,500 For the Six Months Ended June 30, 2015 Mortgage Loans Consumer and Other Loans Multi-Family Commercial Real Estate (In Thousands) Residential Total Balance at January 1, 2015 $ 46,283 $ 39,250 $ 17,242 $ 8,825 $ 111,600 Provision (credited) charged to operations (354 ) (1,407 ) (1,710 ) 161 (3,310 ) Charge-offs (3,359 ) (345 ) (142 ) (435 ) (4,281 ) Recoveries 1,976 1,296 — 219 3,491 Balance at June 30, 2015 $ 44,546 $ 38,794 $ 15,390 $ 8,770 $ 107,500 The following table sets forth the balances of our residential interest-only mortgage loans at June 30, 2016 by the period in which such loans are scheduled to enter their amortization period. ( In Thousands ) Recorded Investment Amortization scheduled to begin in: 12 months or less $ 322,891 13 to 24 months 162,300 25 to 36 months 16,391 Over 36 months 17,852 Total $ 519,434 The following tables set forth the balances of our residential mortgage and consumer and other loan receivable segments by class and credit quality indicator at the dates indicated. At June 30, 2016 Residential Mortgage Loans Consumer and Other Loans Full Documentation Reduced Documentation Home Equity and Other Consumer Commercial and Industrial (In Thousands) Interest-only Amortizing Interest-only Amortizing Performing $ 319,406 $ 4,434,321 $ 162,843 $ 579,344 $ 143,825 $ 107,558 Non-performing: Current or past due less than 90 days 4,812 13,017 6,441 17,138 271 — Past due 90 days or more 12,952 41,035 12,980 29,132 5,284 491 Total $ 337,170 $ 4,488,373 $ 182,264 $ 625,614 $ 149,380 $ 108,049 At December 31, 2015 Residential Mortgage Loans Consumer and Other Loans Full Documentation Reduced Documentation Home Equity and Other Consumer Commercial and Industrial (In Thousands) Interest-only Amortizing Interest-only Amortizing Performing $ 413,913 $ 4,653,437 $ 275,659 $ 552,070 $ 154,414 $ 91,171 Non-performing: Current or past due less than 90 days 7,016 11,662 12,287 15,538 — — Past due 90 days or more 11,359 32,867 15,285 14,322 6,405 703 Total $ 432,288 $ 4,697,966 $ 303,231 $ 581,930 $ 160,819 $ 91,874 The following table sets forth the balances of our multi-family and commercial real estate mortgage loan receivable segments by credit quality indicator at the dates indicated. At June 30, 2016 At December 31, 2015 Commercial Real Estate Commercial Real Estate (In Thousands) Multi-Family Multi-Family Not criticized $ 4,074,281 $ 748,936 $ 3,981,050 $ 769,029 Criticized: Special mention 21,342 14,255 14,931 20,441 Substandard 24,421 26,833 28,124 30,044 Doubtful — — — — Total $ 4,120,044 $ 790,024 $ 4,024,105 $ 819,514 The following tables set forth the balances of our loans receivable and the related allowance for loan loss allocation by segment and by the impairment methodology followed in determining the allowance for loan losses at the dates indicated. At June 30, 2016 Mortgage Loans Consumer and Other Loans Multi-Family Commercial Real Estate (In Thousands) Residential Total Loans: Individually evaluated for impairment $ 199,584 $ 13,500 $ 11,937 $ 4,438 $ 229,459 Collectively evaluated for impairment 5,433,837 4,106,544 778,087 252,991 10,571,459 Total loans $ 5,633,421 $ 4,120,044 $ 790,024 $ 257,429 $ 10,800,918 Allowance for loan losses: Individually evaluated for impairment $ 12,066 $ 147 $ 21 $ 370 $ 12,604 Collectively evaluated for impairment 29,154 31,984 9,688 6,570 77,396 Total allowance for loan losses $ 41,220 $ 32,131 $ 9,709 $ 6,940 $ 90,000 At December 31, 2015 Mortgage Loans Consumer and Other Loans Multi-Family Commercial Real Estate (In Thousands) Residential Total Loans: Individually evaluated for impairment $ 192,914 $ 24,643 $ 14,993 $ 4,968 $ 237,518 Collectively evaluated for impairment 5,822,501 3,999,462 804,521 247,725 10,874,209 Total loans $ 6,015,415 $ 4,024,105 $ 819,514 $ 252,693 $ 11,111,727 Allowance for loan losses: Individually evaluated for impairment $ 13,148 $ 456 $ 788 $ 421 $ 14,813 Collectively evaluated for impairment 31,803 35,088 10,429 5,867 83,187 Total allowance for loan losses $ 44,951 $ 35,544 $ 11,217 $ 6,288 $ 98,000 The following table summarizes information related to our impaired loans by segment and class at the dates indicated. At June 30, 2016 At December 31, 2015 (In Thousands) Unpaid Principal Balance Recorded Investment Related Allowance Net Investment Unpaid Principal Balance Recorded Investment Related Allowance Net Investment With an allowance recorded: Mortgage loans: Residential: Full documentation interest-only $ 31,384 $ 25,196 $ (3,127 ) $ 22,069 $ 37,454 $ 30,631 $ (4,051 ) $ 26,580 Full documentation amortizing 82,711 75,484 (3,601 ) 71,883 69,242 63,223 (2,534 ) 60,689 Reduced documentation interest-only 39,060 31,990 (2,459 ) 29,531 55,939 46,540 (4,253 ) 42,287 Reduced documentation amortizing 74,827 66,914 (2,879 ) 64,035 57,955 52,520 (2,310 ) 50,210 Multi-family 4,724 4,788 (147 ) 4,641 8,029 7,950 (456 ) 7,494 Commercial real estate 323 344 (21 ) 323 6,651 6,723 (788 ) 5,935 Consumer and other loans: Home equity lines of credit 4,796 4,438 (370 ) 4,068 5,295 4,968 (421 ) 4,547 Without an allowance recorded: Mortgage loans: Multi-family 9,935 8,712 — 8,712 19,523 16,693 — 16,693 Commercial real estate 14,427 11,593 — 11,593 11,104 8,270 — 8,270 Total impaired loans $ 262,187 $ 229,459 $ (12,604 ) $ 216,855 $ 271,192 $ 237,518 $ (14,813 ) $ 222,705 The following tables set forth the average recorded investment, interest income recognized and cash basis interest income related to our impaired loans by segment and class for the periods indicated. For the Three Months Ended June 30, 2016 2015 (In Thousands) Average Recorded Investment Interest Income Recognized Cash Basis Interest Income Average Recorded Investment Interest Income Recognized Cash Basis Interest Income With an allowance recorded: Mortgage loans: Residential: Full documentation interest-only $ 26,744 $ 154 $ 154 $ 42,150 $ 295 $ 291 Full documentation amortizing 70,988 524 534 50,619 380 391 Reduced documentation interest-only 35,843 300 300 74,210 840 821 Reduced documentation amortizing 64,400 594 597 21,888 203 207 Multi-family 5,232 56 68 14,731 75 81 Commercial real estate 686 5 5 13,751 100 101 Consumer and other loans: Home equity lines of credit 4,488 11 9 6,179 20 22 Without an allowance recorded: Mortgage loans: Multi-family 9,385 113 121 17,014 138 138 Commercial real estate 11,867 164 167 4,505 266 266 Total impaired loans $ 229,633 $ 1,921 $ 1,955 $ 245,047 $ 2,317 $ 2,318 For the Six Months Ended June 30, 2016 2015 (In Thousands) Average Recorded Investment Interest Income Recognized Cash Basis Interest Income Average Recorded Investment Interest Income Recognized Cash Basis Interest Income With an allowance recorded: Mortgage loans: Residential: Full documentation interest-only $ 28,040 $ 290 $ 302 $ 43,544 $ 608 $ 614 Full documentation amortizing 68,400 1,070 1,077 47,077 798 816 Reduced documentation interest-only 39,409 622 615 75,126 1,528 1,527 Reduced documentation amortizing 60,440 1,156 1,178 20,631 392 401 Multi-family 6,138 120 138 19,190 159 183 Commercial real estate 2,698 11 12 15,591 197 209 Consumer and other loans: Home equity lines of credit 4,648 21 20 5,837 32 39 Without an allowance recorded: Mortgage loans: Multi-family 11,821 243 254 16,177 534 534 Commercial real estate 10,668 334 337 3,003 277 275 Total impaired loans $ 232,262 $ 3,867 $ 3,933 $ 246,176 $ 4,525 $ 4,598 The following tables set forth information about our mortgage loans receivable by segment and class at June 30, 2016 and 2015 which were modified in a troubled debt restructuring, or TDR, during the periods indicated. Modifications During the Three Months Ended June 30, 2016 2015 (Dollars In Thousands) Number of Loans Pre- Modification Recorded Investment Recorded Investment at June 30, 2016 Number of Loans Pre- Modification Recorded Investment Recorded Investment at June 30, 2015 Residential: Full documentation interest-only 3 $ 1,947 $ 1,943 4 $ 1,315 $ 1,309 Full documentation amortizing 11 4,274 4,264 5 1,142 1,136 Reduced documentation interest-only 1 498 489 1 209 209 Reduced documentation amortizing 2 529 526 2 339 339 Multi-family 1 338 332 — — — Commercial real estate 1 515 487 — — — Total 19 $ 8,101 $ 8,041 12 $ 3,005 $ 2,993 Modifications During the Six Months Ended June 30, 2016 2015 (Dollars In Thousands) Number of Loans Pre- Modification Recorded Investment Recorded Investment at June 30, 2016 Number of Loans Pre- Modification Recorded Investment Recorded Investment at June 30, 2015 Residential: Full documentation interest-only 7 $ 2,836 $ 2,829 8 $ 3,350 $ 3,340 Full documentation amortizing 13 4,865 4,852 11 3,201 3,126 Reduced documentation interest-only 3 1,212 1,196 5 1,896 1,903 Reduced documentation amortizing 5 1,524 1,506 2 339 339 Multi-family 1 338 332 — — — Commercial real estate 1 515 487 2 2,902 2,864 Total 30 $ 11,290 $ 11,202 28 $ 11,688 $ 11,572 The following tables set forth information about our mortgage loans receivable by segment and class at June 30, 2016 and 2015 which were modified in a TDR during the twelve month periods ended June 30, 2016 and 2015 and had a payment default subsequent to the modification during the periods indicated. For the Three Months Ended June 30, 2016 2015 (Dollars In Thousands) Number of Loans Recorded Investment at June 30, 2016 Number of Loans Recorded Investment at June 30, 2015 Residential: Full documentation interest-only 3 $ 1,084 4 $ 1,957 Full documentation amortizing 9 2,345 1 387 Reduced documentation interest-only 2 395 4 1,967 Multi-family — — 2 1,036 Total 14 $ 3,824 11 $ 5,347 For the Six Months Ended June 30, 2016 2015 (Dollars In Thousands) Number of Loans Recorded Investment at June 30, 2016 Number of Loans Recorded Investment at June 30, 2015 Residential: Full documentation interest-only 3 $ 1,084 4 $ 1,957 Full documentation amortizing 9 2,345 2 845 Reduced documentation interest-only 3 970 4 1,967 Multi-family — — 2 1,036 Total 15 $ 4,399 12 $ 5,805 Included in loans receivable at June 30, 2016 are loans in the process of foreclosure collateralized by residential real estate property with a recorded investment of $67.1 million . For additional information regarding our loans receivable and allowance for loan losses, see “Asset Quality” and “Critical Accounting Policies” in Part I, Item 2, “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” or “MD&A.”

Reverse Repurchase Agreements

Reverse Repurchase Agreements	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Reverse Repurchase Agreements	Reverse Repurchase Agreements The following table details the remaining contractual maturities of our reverse repurchase agreements at June 30, 2016 . Year Amount (In Thousands) 2018 $ 200,000 (1 ) 2019 600,000 (1 ) 2020 300,000 (2 ) Total $ 1,100,000 (1) Callable in 2016. (2) Includes $200.0 million of borrowings which are callable in 2016 and $100.0 million of borrowings which are callable in 2017. The outstanding reverse repurchase agreements at June 30, 2016 were fixed rate and collateralized by GSE securities, of which 85% were residential mortgage-backed securities and 15% were obligations of GSEs. Securities collateralizing these agreements are classified as encumbered securities in the consolidated statements of financial condition. The amount of excess collateral required is governed by each individual contract. The primary risk associated with these secured borrowings is the requirement to pledge a market value based balance of collateral in excess of the borrowed amount. The excess collateral pledged represents an unsecured exposure to the lending counterparty. As the market value of the collateral changes, both through changes in discount rates and spreads as well as related cash flows, additional collateral may need to be pledged. In accordance with our policies, eligible counterparties are defined and monitored to minimize our exposure.

Earnings Per Common Share

Earnings Per Common Share	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Earnings Per Common Share	Earnings Per Common Share The following table is a reconciliation of basic and diluted earnings per common share, or EPS. For the Three Months Ended June 30, For the Six Months Ended June 30, (In Thousands, Except Share Data) 2016 2015 2016 2015 Net income $ 18,336 $ 31,431 $ 36,901 $ 50,738 Preferred stock dividends (2,194 ) (2,194 ) (4,388 ) (4,388 ) Net income available to common shareholders 16,142 29,237 32,513 46,350 Income allocated to participating securities (160 ) (295 ) (296 ) (394 ) Net income allocated to common shareholders $ 15,982 $ 28,942 $ 32,217 $ 45,956 Basic weighted average common shares outstanding 100,380,937 99,664,442 100,374,934 99,459,376 Dilutive effect of stock options and restricted stock units (1) (2) — — — — Diluted weighted average common shares outstanding 100,380,937 99,664,442 100,374,934 99,459,376 Basic EPS $ 0.16 $ 0.29 $ 0.32 $ 0.46 Diluted EPS $ 0.16 $ 0.29 $ 0.32 $ 0.46 (1) Excludes options to purchase 6,000 shares of common stock which were outstanding during the three months ended June 30, 2016 ; options to purchase 12,000 shares of common stock which were outstanding during the three months ended June 30, 2015 ; options to purchase 6,495 shares of common stock which were outstanding during the six months ended June 30, 2016 ; and options to purchase 16,334 shares of common stock which were outstanding during the six months ended June 30, 2015 because their inclusion would be anti-dilutive. (2) Excludes 744,923 unvested restricted stock units which were outstanding during the three months ended June 30, 2016 ; 1,029,336 unvested restricted stock units which were outstanding during the three months ended June 30, 2015 ; 746,027 unvested restricted stock units which were outstanding during the six months ended June 30, 2016 ; and 896,425 unvested restricted stock units which were outstanding during the six months ended June 30, 2015 because the performance conditions have not been satisfied.

Other Comprehensive Income_Loss

Other Comprehensive Income/Loss	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Other Comprehensive Income/Loss	Other Comprehensive Income/Loss The following tables set forth the components of accumulated other comprehensive loss, net of related tax effects, at the dates indicated and the changes during the three and six months ended June 30, 2016 and 2015 . (In Thousands) At Other Comprehensive Income At Net unrealized gain on securities available-for-sale $ 6,812 $ 507 $ 7,319 Net actuarial loss on pension plans and other postretirement benefits (57,999 ) 315 (57,684 ) Prior service cost on pension plans and other postretirement benefits (3,020 ) 29 (2,991 ) Accumulated other comprehensive loss $ (54,207 ) $ 851 $ (53,356 ) (In Thousands) At Other Comprehensive Income At Net unrealized gain on securities available-for-sale $ 2,827 $ 4,492 $ 7,319 Net actuarial loss on pension plans and other postretirement benefits (58,396 ) 712 (57,684 ) Prior service cost on pension plans and other postretirement benefits (3,048 ) 57 (2,991 ) Accumulated other comprehensive loss $ (58,617 ) $ 5,261 $ (53,356 ) (In Thousands) At Other Comprehensive (Loss) Income At Net unrealized gain on securities available-for-sale $ 6,679 $ (2,791 ) $ 3,888 Net actuarial loss on pension plans and other postretirement benefits (67,007 ) 417 (66,590 ) Prior service cost on pension plans and other postretirement benefits (3,132 ) 27 (3,105 ) Accumulated other comprehensive loss $ (63,460 ) $ (2,347 ) $ (65,807 ) (In Thousands) At Other Comprehensive (Loss) Income At Net unrealized gain on securities available-for-sale $ 4,686 $ (798 ) $ 3,888 Net actuarial loss on pension plans and other postretirement benefits (67,476 ) 886 (66,590 ) Prior service cost on pension plans and other postretirement benefits (3,161 ) 56 (3,105 ) Accumulated other comprehensive loss $ (65,951 ) $ 144 $ (65,807 ) The following tables set forth the components of other comprehensive income (loss) for the periods indicated. For the Three Months Ended (In Thousands) Before Tax Amount Income Tax Expense After Tax Amount Net unrealized holding gain on securities available-for-sale arising during the period $ 852 $ (345 ) $ 507 Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income 528 (213 ) 315 Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income 48 (19 ) 29 Other comprehensive income $ 1,428 $ (577 ) $ 851 For the Six Months Ended (In Thousands) Before Tax Amount Income Tax (Expense) Benefit After Tax Amount Net unrealized gain on securities available-for-sale: Net unrealized holding gain on securities available-for-sale arising during the period $ 7,626 $ (3,083 ) $ 4,543 Reclassification adjustment for gain on sales of securities included in net income (86 ) 35 (51 ) Net unrealized gain on securities available-for-sale 7,540 (3,048 ) 4,492 Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income 1,195 (483 ) 712 Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income 95 (38 ) 57 Other comprehensive income $ 8,830 $ (3,569 ) $ 5,261 For the Three Months Ended (In Thousands) Before Tax Amount Income Tax Benefit (Expense) After Tax Amount Net unrealized loss on securities available-for-sale: Net unrealized holding loss on securities arising during the period $ (4,491 ) $ 1,743 $ (2,748 ) Reclassification adjustment for gain on sales of securities included in net income (72 ) 29 (43 ) Net unrealized loss on securities available-for-sale (4,563 ) 1,772 (2,791 ) Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income 729 (312 ) 417 Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income 48 (21 ) 27 Other comprehensive loss $ (3,786 ) $ 1,439 $ (2,347 ) For the Six Months Ended (In Thousands) Before Tax Amount Income Tax Benefit (Expense) After Tax Amount Net unrealized loss on securities available-for-sale: Net unrealized holding loss on securities arising during the period $ (1,268 ) $ 513 $ (755 ) Reclassification adjustment for gain on sales of securities included in net income (72 ) 29 (43 ) Net unrealized loss on securities available-for-sale (1,340 ) 542 (798 ) Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income 1,486 (600 ) 886 Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income 95 (39 ) 56 Other comprehensive income $ 241 $ (97 ) $ 144 The following tables set forth information about amounts reclassified from accumulated other comprehensive loss to the affected line items in the consolidated statements of income for the periods indicated. For the Three Months Ended June 30, Income Statement Line Item (In Thousands) 2016 2015 Reclassification adjustment for gain on sales of securities $ — $ 72 Gain on sales of securities Reclassification adjustment for net actuarial loss (1) (528 ) (729 ) Compensation and benefits Reclassification adjustment for prior service cost (1) (48 ) (48 ) Compensation and benefits Total reclassifications, before tax (576 ) (705 ) Income tax effect 232 304 Income tax expense Total reclassifications, net of tax $ (344 ) $ (401 ) Net income For the Six Months Ended June 30, Income Statement Line Item (In Thousands) 2016 2015 Reclassification adjustment for gain on sales of securities $ 86 $ 72 Gain on sales of securities Reclassification adjustment for net actuarial loss (1) (1,195 ) (1,486 ) Compensation and benefits Reclassification adjustment for prior service cost (1) (95 ) (95 ) Compensation and benefits Total reclassifications, before tax (1,204 ) (1,509 ) Income tax effect 486 610 Income tax expense Total reclassifications, net of tax $ (718 ) $ (899 ) Net income (1) These other comprehensive income components are included in the computations of net periodic cost (benefit) for our defined benefit pension plans and other postretirement benefit plan. See Note 8 for additional details.

Pension Plans and Other Postret

Pension Plans and Other Postretirement Benefits	6 Months Ended
	Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Pension Plans and Other Postretirement Benefits	Pension Plans and Other Postretirement Benefits The following tables set forth information regarding the components of net periodic cost (benefit) for our defined benefit pension plans and other postretirement benefit plan for the periods indicated. Pension Benefits Other Postretirement Benefits For the Three Months Ended June 30, For the Three Months Ended June 30, (In Thousands) 2016 2015 2016 2015 Service cost $ — $ — $ 460 $ 596 Interest cost 2,485 2,455 234 226 Expected return on plan assets (3,058 ) (3,634 ) — — Recognized net actuarial loss (gain) 673 729 (145 ) — Amortization of prior service cost 48 48 — — Net periodic cost (benefit) $ 148 $ (402 ) $ 549 $ 822 Pension Benefits Other Postretirement Benefits For the Six Months Ended June 30, For the Six Months Ended June 30, (In Thousands) 2016 2015 2016 2015 Service cost $ — $ — $ 932 $ 1,065 Interest cost 5,021 4,965 497 502 Expected return on plan assets (6,116 ) (7,267 ) — — Recognized net actuarial loss (gain) 1,407 1,486 (212 ) — Amortization of prior service cost 95 95 — — Net periodic cost (benefit) $ 407 $ (721 ) $ 1,217 $ 1,567

Stock Incentive Plans

Stock Incentive Plans	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Incentive Plans	Stock Incentive Plans During the six months ended June 30, 2016 , 663,960 shares of restricted common stock were granted to select officers under the 2014 Amended and Restated Stock Incentive Plan for Officers and Employees of Astoria Financial Corporation, or the 2014 Employee Stock Plan, of which 661,290 shares remain outstanding at June 30, 2016 and vest one-third per year beginning in December 2016. In the event the grantee terminates his/her employment due to death or disability, or in the event we experience a change in control, as defined and specified in the 2014 Employee Stock Plan, all restricted common stock granted pursuant to such plan immediately vests. During the six months ended June 30, 2016 , 21,912 shares of restricted common stock were granted to directors under the Astoria Financial Corporation 2007 Non-Employee Directors Stock Plan, as amended, all of which remain outstanding at June 30, 2016 and vest 100% in February 2019, although awards immediately vest upon death, disability, mandatory retirement, involuntary termination or a change in control, as such terms are defined in the plan. The following table summarizes restricted common stock and performance-based restricted stock unit activity in our stock incentive plans for the six months ended June 30, 2016 . Restricted Common Stock Restricted Stock Units Number of Shares Weighted Average Grant Date Fair Value Number of Units Weighted Average Grant Date Fair Value Unvested at January 1, 2016 374,817 $ 12.68 751,500 $ 12.41 Granted 685,872 15.06 — — Vested (30,350 ) (9.72 ) — — Forfeited (6,580 ) (13.81 ) (7,500 ) (12.43 ) Expired (65,000 ) (1) (13.23 ) — — Unvested at June 30, 2016 958,759 14.43 744,000 12.41 (1) Expired on June 30, 2016. Performance-based conditions were not achieved. Stock-based compensation expense is recognized on a straight-line basis over the vesting period and totaled $314,000 , net of taxes of $213,000 , for the three months ended June 30, 2016 and $1.3 million , net of taxes of $852,000 , for the six months ended June 30, 2016 . Stock-based compensation expense totaled $1.3 million , net of taxes of $1.0 million , for the three months ended June 30, 2015 and $2.3 million , net of taxes of $1.6 million , for the six months ended June 30, 2015. At June 30, 2016 , pre-tax compensation cost related to all nonvested awards of restricted common stock and restricted stock units not yet recognized totaled $12.2 million and will be recognized over a weighted average period of approximately 2.2 years, which excludes $5.9 million of pre-tax compensation cost related to 471,050 performance-based restricted stock units, for which compensation cost will begin to be recognized when the achievement of the performance conditions becomes probable.

Investments in Affordable Housi

Investments in Affordable Housing Limited Partnerships	6 Months Ended
	Jun. 30, 2016
Equity Method Investments and Joint Ventures [Abstract]
Investments in Affordable Housing Limited Partnerships	Investments in Affordable Housing Limited Partnerships As part of our community reinvestment initiatives, we invest in affordable housing limited partnerships that make equity investments in multi-family affordable housing properties. We receive affordable housing tax credits and other tax benefits for these investments. Our investment in affordable housing limited partnerships, reflected in other assets in the consolidated statements of financial condition, totaled $16.5 million at June 30, 2016 and $17.2 million at December 31, 2015 . Our funding obligation related to such investments, reflected in other liabilities in the consolidated statements of financial condition, totaled $12.8 million at June 30, 2016 and $12.9 million at December 31, 2015 . Funding installments are due on an "as needed" basis, currently projected over the next three years, the timing of which cannot be estimated. Expense related to our investments in affordable housing limited partnerships, included in other non-interest expense in the consolidated statements of income, totaled $353,000 for the three months ended June 30, 2016 and $299,000 for the three months ended June 30, 2015 . Such expenses totaled $705,000 for the six months ended June 30, 2016 and $556,000 for the six months ended June 30, 2015 . Affordable housing tax credits and other tax benefits recognized as a component of income tax expense in the consolidated statements of income totaled $483,000 for the three months ended June 30, 2016 and $348,000 for the three months ended June 30, 2015 . Such tax credits and other tax benefits totaled $873,000 for the six months ended June 30, 2016 and $706,000 for the six months ended June 30, 2015 .

Regulatory Matters

Regulatory Matters	6 Months Ended
	Jun. 30, 2016
Regulatory Capital Requirements [Abstract]
Regulatory Matters	Regulatory Matters Pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, or the Reform Act, in July 2013, the federal bank regulatory agencies, or the Agencies, issued final rules, or the Final Capital Rules, that subjected many savings and loan holding companies, including Astoria Financial Corporation, to consolidated capital requirements effective January 1, 2015. The Final Capital Rules also revised the quantity and quality of required minimum risk-based and leverage capital requirements, consistent with the Reform Act and the Third Basel Accord adopted by the Basel Committee on Banking Supervision, or Basel III capital standards. In addition, the Final Capital Rules added a requirement to maintain a minimum conservation buffer, or the Conservation Buffer, composed of Common equity tier 1 capital, of 2.5% of risk-weighted assets, to be phased in over three years and applied to the Common equity tier 1 risk-based capital ratio, the Tier 1 risk-based capital ratio and the Total risk-based capital ratio. Accordingly, banking organizations, on a fully phased in basis no later than January 1, 2019, must maintain a minimum Common equity tier 1 risk-based capital ratio of 7.0% , a minimum Tier 1 risk-based capital ratio of 8.5% and a minimum Total risk-based capital ratio of 10.5% . The required minimum Conservation Buffer began to be phased in incrementally, starting at 0.625% on January 1, 2016 and will increase to 1.25% on January 1, 2017, 1.875% on January 1, 2018 and 2.5% on January 1, 2019. The Final Capital Rules impose restrictions on capital distributions and certain discretionary cash bonus payments if the minimum Conservation Buffer is not met. At June 30, 2016 , the capital levels of both Astoria Financial Corporation and Astoria Bank exceeded all regulatory capital requirements and their regulatory capital ratios were above the minimum levels required to be considered well capitalized for regulatory purposes. The capital levels of both Astoria Financial Corporation and Astoria Bank at June 30, 2016 also exceeded the minimum capital requirements shown in the table below including the currently applicable Conservation Buffer of 0.625% . The following table sets forth information regarding the regulatory capital requirements applicable to Astoria Financial Corporation and Astoria Bank. At June 30, 2016 Actual Minimum Capital Requirements Minimum Capital Requirements with Conservation Buffer To be Well Capitalized Under Prompt Corrective Action Provisions (Dollars in Thousands) Amount Ratio Amount Ratio Amount Ratio Amount Ratio Astoria Financial Corporation: Tier 1 leverage $ 1,550,012 10.46 % $ 592,626 4.00 % N/A N/A $ 740,782 5.00 % Common equity tier 1 risk-based 1,425,940 16.93 378,939 4.50 $ 431,570 5.125 % 547,357 6.50 Tier 1 risk-based 1,550,012 18.41 505,252 6.00 557,883 6.625 673,670 8.00 Total risk-based 1,640,591 19.48 673,670 8.00 726,300 8.625 842,087 10.00 Astoria Bank: Tier 1 leverage $ 1,698,440 11.54 % $ 588,743 4.00 % N/A N/A $ 735,929 5.00 % Common equity tier 1 risk-based 1,698,440 20.22 378,034 4.50 $ 430,539 5.125 % 546,049 6.50 Tier 1 risk-based 1,698,440 20.22 504,046 6.00 556,550 6.625 672,061 8.00 Total risk-based 1,789,019 21.30 672,061 8.00 724,565 8.625 840,076 10.00

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements We use fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. We group our assets and liabilities at fair value in three levels, based on the markets in which the assets are traded and the reliability of the assumptions used to determine fair value. These levels are: • Level 1 – Valuation is based upon quoted prices for identical instruments traded in active markets. • Level 2 – Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active and model-based valuation techniques for which all significant assumptions are observable in the market. • Level 3 – Valuation is generated from model-based techniques that use significant assumptions not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset or liability. Valuation techniques include the use of option pricing models, discounted cash flow models and similar techniques. The results cannot be determined with precision and may not be realized in an actual sale or immediate settlement of the asset or liability. We base our fair values on the estimated price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date, with additional considerations when the volume and level of activity for an asset or liability have significantly decreased and on identifying circumstances that indicate a transaction is not orderly. We maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. Recurring Fair Value Measurements Our securities available-for-sale portfolio is carried at estimated fair value on a recurring basis, with any unrealized gains and losses, net of taxes, reported as accumulated other comprehensive income/loss in stockholders’ equity. Additionally, in connection with our mortgage banking activities we have commitments to fund loans held-for-sale and commitments to sell loans, which are considered free-standing derivative financial instruments, the fair values of which are not material to our financial condition or results of operations. The following tables set forth the carrying values of our assets measured at estimated fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at the dates indicated. Carrying Value at June 30, 2016 (In Thousands) Total Level 1 Level 2 Securities available-for-sale: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 288,812 $ — $ 288,812 Non-GSE issuance REMICs and CMOs 2,217 — 2,217 GSE pass-through certificates 10,267 — 10,267 Obligations of GSEs 55,049 — 55,049 Fannie Mae stock 2 2 — Total securities available-for-sale $ 356,347 $ 2 $ 356,345 Carrying Value at December 31, 2015 (In Thousands) Total Level 1 Level 2 Securities available-for-sale: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 330,539 $ — $ 330,539 Non-GSE issuance REMICs and CMOs 3,054 — 3,054 GSE pass-through certificates 11,264 — 11,264 Obligations of GSEs 71,939 — 71,939 Fannie Mae stock 2 2 — Total securities available-for-sale $ 416,798 $ 2 $ 416,796 The following is a description of valuation methodologies used for assets measured at fair value on a recurring basis. Residential mortgage-backed securities Residential mortgage-backed securities comprised 85% of our securities available-for-sale portfolio at June 30, 2016 and 83% at December 31, 2015 . The fair values for these securities are obtained from an independent nationally recognized pricing service. Our pricing service uses various modeling techniques to determine pricing for our mortgage-backed securities, including options based pricing and discounted cash flow models. The inputs to these models include benchmark yields, reported trades, broker/dealer quotes, issuer spreads, benchmark securities, bids, offers, reference data, monthly payment information and collateral performance. GSE securities, for which an active market exists for similar securities making observable inputs readily available, comprised 99% of our available-for-sale residential mortgage-backed securities portfolio at June 30, 2016 and December 31, 2015 . We review changes in the pricing service fair values from month to month taking into consideration changes in market conditions including changes in mortgage spreads, changes in treasury yields and changes in pricing on 15 and 30 year pass-through mortgage-backed securities. Significant month over month price changes are analyzed further using option based pricing, discounted cash flow models and third party quotes. Based upon our review of the prices provided by our pricing service, the estimated fair values incorporate observable market inputs commonly used by buyers and sellers of these types of securities at the measurement date in orderly transactions between market participants, and, as such, are classified as Level 2. Obligations of GSEs Obligations of GSEs comprised 15% of our securities available-for-sale portfolio at June 30, 2016 and 17% at December 31, 2015 and consisted of debt securities issued by GSEs. The fair values for these securities are obtained from an independent nationally recognized pricing service. Our pricing service gathers information from market sources, including new issue and secondary markets, and integrates relative credit information, observed market movements and sector news into their pricing applications and models. Based upon our review of the prices provided by our pricing service, the estimated fair values incorporate observable market inputs commonly used by buyers and sellers of these types of securities at the measurement date in orderly transactions between market participants, and, as such, are classified as Level 2. Fannie Mae stock The fair value of the Fannie Mae stock in our available-for-sale securities portfolio is obtained from quoted market prices for identical instruments in active markets and, as such, is classified as Level 1. Non-Recurring Fair Value Measurements From time to time, we may be required to record at fair value assets or liabilities on a non-recurring basis, such as mortgage servicing rights, or MSR, loans receivable, certain loans held-for-sale and real estate owned, or REO. These non-recurring fair value adjustments involve the application of lower of cost or market accounting or impairment write-downs of individual assets. The following table sets forth the carrying values of those of our assets which were measured at fair value on a non-recurring basis at the dates indicated. The fair value measurements for all of these assets fall within Level 3 of the fair value hierarchy. Carrying Value (In Thousands) At June 30, 2016 At December 31, 2015 Non-performing loans held-for-sale, net $ 673 $ 1,582 Impaired loans 126,192 134,910 MSR, net 8,881 11,014 REO, net 12,434 16,307 Total $ 148,180 $ 163,813 The following table provides information regarding the gains (losses) recognized on our assets measured at fair value on a non-recurring basis for the periods indicated. For the Six Months Ended June 30, (In Thousands) 2016 2015 Non-performing loans held-for-sale, net (1) $ (167 ) $ — Impaired loans (2) (3,019 ) (3,442 ) MSR, net (3) (1,622 ) 616 REO, net (4) (789 ) (60 ) Total $ (5,597 ) $ (2,886 ) (1) Losses are charged against the allowance for loan losses in the case of a write-down upon the transfer of a loan to held-for-sale. Losses subsequent to the transfer of a loan to held-for-sale are charged to other non-interest income. (2) Losses are charged against the allowance for loan losses. (3) Gains (losses) are credited/charged to mortgage banking income, net. (4) Gains (losses) are credited/charged to the allowance for loan losses upon the transfer of a loan to REO. Losses subsequent to the transfer of a loan to REO are charged to REO expense which is a component of other non-interest expense. The following is a description of valuation methodologies used for assets measured at fair value on a non-recurring basis. Loans held-for-sale, net (non-performing loans held-for-sale) Included in loans held-for-sale, net, are non-performing loans held-for-sale for which fair values are estimated through either preliminary bids from potential purchasers of the loans or the estimated fair value of the underlying collateral discounted for factors necessary to solicit acceptable bids, and adjusted as necessary based on management’s experience with sales of similar types of loans and, as such, are classified as Level 3. At June 30, 2016 , non-performing loans held for sale were comprised of 62% multi-family mortgage loans and 38% residential mortgage loans. At December 31, 2015 , non-performing loans held for sale were comprised of 80% multi-family mortgage loans and 20% residential mortgage loans. Loans receivable, net (impaired loans) Loans which meet certain criteria are evaluated individually for impairment. A loan is considered impaired when, based upon current information and events, it is probable that we will be unable to collect all amounts due, including principal and interest, according to the contractual terms of the loan agreement. Impaired loans were comprised of 87% residential mortgage loans, 11% multi-family and commercial real estate mortgage loans and 2% home equity lines of credit at June 30, 2016 and 81% residential mortgage loans, 17% multi-family and commercial real estate mortgage loans and 2% home equity lines of credit at December 31, 2015 . Impaired loans for which a fair value adjustment was recognized were comprised of 88% residential mortgage loans, 11% multi-family and commercial real estate mortgage loans and 1% home equity lines of credit at June 30, 2016 and 80% residential mortgage loans, 19% multi-family and commercial real estate mortgage loans and 1% home equity lines of credit at December 31, 2015 . Our impaired loans are generally collateral dependent and, as such, are generally carried at the estimated fair value of the underlying collateral less estimated selling costs. We obtain updated estimates of collateral values on residential mortgage loans at 180 days past due and earlier in certain instances, including for loans to borrowers who have filed for bankruptcy, and, to the extent the loans remain delinquent, annually thereafter. Updated estimates of collateral value on residential loans are obtained primarily through automated valuation models. Additionally, our loan servicer performs property inspections to monitor and manage the collateral on our residential loans when they become 45 days past due and monthly thereafter until the foreclosure process is complete. We obtain updated estimates of collateral value using third party appraisals on non-performing multi-family and commercial real estate mortgage loans when the loans initially become non-performing and annually thereafter and multi-family and commercial real estate loans modified in a TDR at the time of the modification and annually thereafter. Appraisals on multi-family and commercial real estate loans are reviewed by our internal certified appraisers. We analyze our home equity lines of credit when such loans become 90 days past due and consider our lien position, the estimated fair value of the underlying collateral value and the results of recent property inspections in determining the need for an individual valuation allowance. Adjustments to final appraised values obtained from independent third party appraisers and automated valuation models are not made. The fair values of impaired loans are based upon unobservable inputs and may not be realized in an actual sale or immediate settlement of the loan and, as such, are classified as Level 3. MSR, net The right to service loans for others is generally obtained through the sale of residential mortgage loans with servicing retained. MSR are carried at the lower of cost or estimated fair value. The estimated fair value of MSR is obtained through independent third party valuations through an analysis of future cash flows, incorporating estimates of assumptions market participants would use in determining fair value including market discount rates, prepayment speeds, servicing income, servicing costs, default rates and other market driven data, including the market’s perception of future interest rate movements and, as such, are classified as Level 3. At June 30, 2016 , our MSR were valued based on expected future cash flows considering a weighted average discount rate of 9.96% , a weighted average constant prepayment rate on mortgages of 12.69% and a weighted average life of 5.3 years. At December 31, 2015 , our MSR were valued based on expected future cash flows considering a weighted average discount rate of 9.97% , a weighted average constant prepayment rate on mortgages of 10.47% and a weighted average life of 6.1 years. Management reviews the assumptions used to estimate the fair value of MSR to ensure they reflect current and anticipated market conditions. REO, net REO represents real estate acquired through foreclosure or by deed in lieu of foreclosure. At June 30, 2016 , REO totaled $14.9 million , all of which were residential properties. At December 31, 2015 , REO totaled $19.8 million , including residential properties with a carrying value of $17.8 million . REO is initially recorded at estimated fair value less estimated selling costs. Thereafter, we maintain a valuation allowance representing decreases in the properties' estimated fair value. The fair value of REO is estimated through current appraisals, in conjunction with a drive-by inspection and comparison of the REO property with similar properties in the area by either a licensed appraiser or real estate broker. As these properties are actively marketed, estimated fair values are periodically adjusted by management to reflect current market conditions and, as such, are classified as Level 3. Fair Value of Financial Instruments Quoted market prices available in formal trading marketplaces are typically the best evidence of the fair value of financial instruments. In many cases, financial instruments we hold are not bought or sold in formal trading marketplaces. Accordingly, fair values are derived or estimated based on a variety of valuation techniques in the absence of quoted market prices. Fair value estimates are made at a specific point in time, based on relevant market information about the financial instrument. These estimates do not reflect any possible tax ramifications, estimated transaction costs, or any premium or discount that could result from offering for sale at one time our entire holdings of a particular financial instrument. Because no market exists for a certain portion of our financial instruments, fair value estimates are based on judgments regarding future loss experience, current economic conditions, risk characteristics and other such factors. These estimates are subjective in nature, involve uncertainties and, therefore, cannot be determined with precision. Changes in assumptions could significantly affect the estimates. For these reasons and others, the estimated fair value disclosures presented herein do not represent our entire underlying value. As such, readers are cautioned in using this information for purposes of evaluating our financial condition and/or value either alone or in comparison with any other company. The following tables set forth the carrying values and estimated fair values of our financial instruments which are carried in the consolidated statements of financial condition at either cost or at lower of cost or fair value in accordance with GAAP, and are not measured or recorded at fair value on a recurring basis, and the level within the fair value hierarchy in which the fair value measurements fall at the dates indicated. At June 30, 2016 Carrying Value Estimated Fair Value (In Thousands) Total Level 2 Level 3 Financial Assets: Securities held-to-maturity $ 2,677,930 $ 2,716,702 $ 2,716,702 $ — FHLB-NY stock 137,909 137,909 137,909 — Loans held-for-sale, net (1) 6,843 6,973 — 6,973 Loans receivable, net (1) 10,749,329 10,871,364 — 10,871,364 MSR, net (1) 8,881 8,882 — 8,882 Financial Liabilities: Deposits 8,951,130 8,986,940 8,986,940 — Borrowings, net 4,018,487 4,188,733 4,188,733 — At December 31, 2015 Carrying Value Estimated Fair Value (In Thousands) Total Level 2 Level 3 Financial Assets: Securities held-to-maturity $ 2,296,799 $ 2,286,092 $ 2,286,092 $ — FHLB-NY stock 131,137 131,137 131,137 — Loans held-for-sale, net (1) 8,960 9,037 — 9,037 Loans receivable, net (1) 11,055,081 11,112,709 — 11,112,709 MSR, net (1) 11,014 11,017 — 11,017 Financial Liabilities: Deposits 9,106,027 9,123,740 9,123,740 — Borrowings, net 3,964,222 4,132,940 4,132,940 — _______________________________________________________ (1) Includes assets measured at fair value on a non-recurring basis. The following is a description of the methods and assumptions used to estimate fair values of our financial instruments which are not measured or recorded at fair value on a recurring or non-recurring basis. Securities held-to-maturity The fair values for substantially all of our securities held-to-maturity are obtained from an independent nationally recognized pricing service using similar methods and assumptions as used for our securities available-for-sale which are measured at fair value on a recurring basis. Federal Home Loan Bank of New York, or FHLB-NY, stock The fair value of FHLB-NY stock is based on redemption at par value. Loans held-for-sale, net Included in loans held-for-sale, net, are 15 and 30 year fixed rate residential mortgage loans originated for sale that conform to GSE guidelines (conforming loans) for which fair values are estimated using market reference rates and spreads, credit spread adjustments, discounted cash flow analysis, benchmark pricing and option based pricing, as appropriate. Loans receivable, net Fair values of loans are estimated using market reference rates and spreads, credit spread adjustments, discounted cash flow analysis, benchmark pricing and option based pricing, as appropriate. This technique of estimating fair value is extremely sensitive to the assumptions and estimates used. While we have attempted to use assumptions and estimates which are the most reflective of the loan portfolio and the current market, a greater degree of subjectivity is inherent in determining these fair values than for fair values obtained from formal trading marketplaces. In addition, our valuation method for loans, which is consistent with accounting guidance, does not fully incorporate an exit price approach to fair value. Deposits The fair values of deposits with no stated maturity, such as NOW and demand deposit (checking), money market and savings accounts, are equal to the amount payable on demand. The fair values of certificates of deposit are based on discounted contractual cash flows using the weighted average remaining life of the portfolio discounted by the corresponding Swap Curve. Borrowings, net The fair values of borrowings are based upon an industry standard option adjusted spread, or OAS, model. This OAS model is calibrated to available counter party dealers' market quotes, as necessary. Outstanding commitments Outstanding commitments include commitments to extend credit and unadvanced lines of credit for which fair values were estimated based on an analysis of the interest rates and fees currently charged to enter into similar transactions. The fair values of these commitments are immaterial to our financial condition.

Litigation

Litigation	6 Months Ended
	Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Litigation	Litigation In the ordinary course of our business, we are routinely made a defendant in or a party to pending or threatened legal actions or proceedings which, in some cases, seek substantial monetary damages from or other forms of relief against us. In our opinion, after consultation with legal counsel, we believe it unlikely that such actions or proceedings will have a material adverse effect on our financial condition, results of operations or liquidity. City of New York Notices of Determination By “Notice of Determination” dated September 14, 2010 and August 26, 2011, or the 2010 and 2011 Notices, the City of New York notified us of alleged tax deficiencies in the amount of $13.3 million , including interest and penalties, related to our 2006 through 2008 tax years. The deficiencies related to our operation of Fidata Service Corp., or Fidata, and Astoria Federal Mortgage Corp., or AF Mortgage, subsidiaries of Astoria Bank. We disagreed with the assertion of the tax deficiencies, and hearings on the 2010 and 2011 Notices were held before the New York City Tax Appeals Tribunal, or the NYC Tax Appeals Tribunal, in March and April 2013. On October 29, 2014, an Administrative Law Judge with the NYC Tax Appeals Tribunal issued a decision favorable to us canceling the 2010 and 2011 Notices, which decision was appealed by the City of New York. In addition, by “Notice of Determination” dated November 19, 2014, or the 2014 Notice, the City of New York notified us of an alleged tax deficiency in the amount of $6.1 million , including interest and penalties, related to our 2009 and 2010 tax years, and by “Notice of Determination” dated August 5, 2015, or the 2015 Notice, the City of New York notified us of an alleged tax deficiency in the amount of $2.1 million , including interest and penalties, related to our 2011 through 2013 tax years. The bases of the 2014 Notice and the 2015 Notice were substantially the same as that of the 2010 and 2011 Notices, which we similarly opposed. The proceedings relating to the 2014 Notice and the 2015 Notice were adjourned in 2015 pending the resolution of the proceedings with respect to the 2010 and 2011 Notices, as the outcome of those proceedings was expected to be determinative of some or all of the issues in the proceedings with respect to the 2014 Notice and the 2015 Notice. On May 19, 2016, the NYC Tax Appeals Tribunal issued a decision affirming the Administrative Law Judge's original decision regarding the 2010 and 2011 Notices, which the City of New York cannot appeal, resulting in the tax years 2006 through 2008 being closed. Following the NYC Tax Appeals Tribunal's decision canceling the 2010 and 2011 Notices, the City of New York canceled the 2014 and 2015 Notices, resulting in tax years 2009 through 2013 being closed, with no additional tax liability. Merger-related Litigation Following the announcement of the execution of the Merger Agreement, six lawsuits challenging the proposed Merger were filed in the Supreme Court of the State of New York, County of Nassau. These actions are captioned: (1) Sandra E. Weiss IRA v. Chrin, et al. , Index No. 607132/2015 (filed November 4, 2015); (2) Raul v. Palleschi, et al. , Index No. 607238/2015 (filed November 6, 2015); (3) Lowinger v. Redman, et al. , Index No. 607268/2015 (filed November 9, 2015); (4) Minzer v. Astoria Fin. Corp., et al. , Index No. 607358/2015 (filed November 12, 2015); (5) MSS 12-09 Trust v. Palleschi, et al. , Index No. 607472/2015 (filed November 13, 2015); and (6) The Firemen’s Retirement System of St. Louis v. Keegan, et al. , Index No. 607612/2015 (filed November 23, 2015). On January 15, 2016, the court consolidated the New York lawsuits under the caption In re Astoria Financial Corporation Shareholders Litigation , Index No. 607132/2015, and on January 29, 2016 the lead plaintiffs filed an amended consolidated complaint. In addition, a seventh lawsuit was filed challenging the proposed transaction in the Delaware Court of Chancery, captioned O’Connell v. Astoria Financial Corp., et al. , Case No. 11928 (filed January 22, 2016). The plaintiff in this case filed an amended complaint on February 17, 2016. Each of the lawsuits is a putative class action filed on behalf of the stockholders of Astoria and names as defendants Astoria, its directors and NYCB, or collectively, the defendants. The various complaints generally allege that the directors of Astoria breached their fiduciary duties in connection with their approval of the Merger Agreement because they failed to properly value Astoria and to take steps to maximize value to Astoria’s public stockholders, resulting in inadequate merger consideration. The complaints further allege that the directors of Astoria approved the Merger through a flawed and unfair sales process, alleging the absence of a competitive sales process and that the process was tainted by certain alleged conflicts of interest on the part of the Astoria directors regarding certain personal and financial benefits they will receive upon consummation of the proposed transaction that public stockholders of Astoria will not receive. The complaints also variously allege that the Astoria directors breached their fiduciary duties because they improperly agreed to deal protection devices that allegedly preclude other bidders from making a successful competing offer for Astoria, including a no solicitation provision that allegedly prevents other buyers from participating in discussions which may lead to a superior proposal, a matching rights provision that allows NYCB to match any competing proposal in the event one is made and a provision that requires Astoria to pay NYCB a termination fee of $69.5 million under certain circumstances. In addition, the lawsuit filed in Delaware also alleges that Astoria’s directors breached their fiduciary duties by causing a false and materially misleading Form S-4 Registration Statement to be filed with the SEC. Each of the complaints further alleges that NYCB aided and abetted the alleged fiduciary breaches by the Astoria directors. Each of the actions seek, among other things, an order enjoining completion of the proposed Merger and an award of costs and attorneys’ fees. Certain of the actions also seek compensatory damages arising from the alleged breaches of fiduciary duty. The defendants believe these actions are without merit. Accordingly, no liability or reserve has been recognized in our consolidated statement of financial condition at June 30, 2016 with respect to these matters. On April 6, 2016, the defendants and lead plaintiffs for the consolidated New York lawsuits entered into a memorandum of understanding, or the MOU, which provides for the settlement of the New York lawsuits. The MOU contemplates, among other things, that Astoria will make certain supplemental disclosures relating to the Merger. Although the defendants deny the allegations made in the New York lawsuits (including the amended consolidated complaint) and believe that no supplemental disclosure is required under applicable laws, in order to avoid the burden and expense of further litigation, Astoria agreed to make such supplemental disclosures pursuant to the terms of the MOU. The supplemental disclosures were made available to Astoria’s shareholders on April 8, 2016 through a filing with the SEC by Astoria on a Current Report on Form 8-K. The settlement contemplated by the MOU is subject to confirmatory discovery and customary conditions, including court approval following notice to Astoria’s stockholders. A hearing will be scheduled at which the Supreme Court of the State of New York will consider the fairness, reasonableness and adequacy of the settlement. If the settlement is finally approved by the court, it will resolve and release all claims by stockholders of Astoria challenging any aspect of the Merger, the Merger Agreement, and any disclosure made in connection therewith, pursuant to terms that will be disclosed to stockholders prior to final approval of the settlement. There can be no assurance that the court will approve the settlement contemplated by the MOU. If the court does not approve the settlement, or if the settlement is otherwise disallowed, the proposed settlement as contemplated by the MOU may be terminated. If the MOU is terminated, no assurance can be given at this time that the litigation against us will be resolved in our favor, that this litigation will not be costly to defend, that this litigation will not have an impact on our financial condition or results of operations or that, ultimately, any such impact will not be material.

Impact of Accounting Standards

Impact of Accounting Standards and Interpretations	6 Months Ended
	Jun. 30, 2016
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Impact of Accounting Standards and Interpretations	Impact of Accounting Standards and Interpretations In February 2016, the Financial Accounting Standards Board, or FASB, issued Accounting Standards Update, or ASU, 2016-02, "Leases (Topic 842)", which requires lessees to recognize most leases, including operating leases, on-balance sheet via a right-to-use asset and lease liability. This will require many companies to include more existing leases on-balance sheet. For banks, this could impact branch leases or other equipment leases. The new standard is effective for public companies for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. We are currently evaluating the impact of ASU 2016-02 on our accounting and have not yet concluded on the impact ASU 2016-02 will have on our financial condition, results of operations or cash flows. In March 2016, the FASB, issued ASU 2016-09, “Compensation — Stock Compensation (Topic 718) — Improvements to Employee Share-Based Payment Accounting,” which applies to all entities that issue share-based payment awards to their employees. The amendments involve several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The amendments are part of FASB's Simplification Initiative, the stated objective of which is to identify, evaluate, and improve areas of GAAP for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The amendments in ASU 2016-09 for public business entities are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. Early adoption is permitted for any entity in any interim or annual period and if so elected, adjustments should be reflected as of the beginning of the fiscal year that includes the interim period. An entity that elects early adoption must adopt all of the amendments in the same period. We are currently evaluating the impact of ASU 2016-09 on our accounting and do not expect this guidance to have a significant impact on our financial condition, results of operations or cash flow. In June 2016, the FASB issued ASU 2016-13, “Financial Instruments-Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments,” which require a financial asset measured at amortized cost to be presented at the net amount expected to be collected. The measurement of expected credit losses is to be based on information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. This measurement is to take place at the time an asset is first added to the balance sheet and periodically thereafter. This differs significantly from the “incurred loss” methodology for recognizing credit losses required under current GAAP, which delays recognition until it is probable a loss has been incurred. The new standard is effective for public companies for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. We are currently evaluating the impact of ASU 2016-13 on our accounting, but we expect to recognize a one-time cumulative-effect adjustment to our allowance for loan losses as of the beginning of the first reporting period in which the new standard becomes effective. We cannot yet determine the magnitude of any such one-time cumulative adjustment or of the overall impact of the new standard on our financial condition or results of operations.

Impact of Accounting Standard23

Impact of Accounting Standards and Interpretations (Policies)	6 Months Ended
	Jun. 30, 2016
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements	In February 2016, the Financial Accounting Standards Board, or FASB, issued Accounting Standards Update, or ASU, 2016-02, "Leases (Topic 842)", which requires lessees to recognize most leases, including operating leases, on-balance sheet via a right-to-use asset and lease liability. This will require many companies to include more existing leases on-balance sheet. For banks, this could impact branch leases or other equipment leases. The new standard is effective for public companies for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. We are currently evaluating the impact of ASU 2016-02 on our accounting and have not yet concluded on the impact ASU 2016-02 will have on our financial condition, results of operations or cash flows. In March 2016, the FASB, issued ASU 2016-09, “Compensation — Stock Compensation (Topic 718) — Improvements to Employee Share-Based Payment Accounting,” which applies to all entities that issue share-based payment awards to their employees. The amendments involve several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. The amendments are part of FASB's Simplification Initiative, the stated objective of which is to identify, evaluate, and improve areas of GAAP for which cost and complexity can be reduced while maintaining or improving the usefulness of the information provided to users of financial statements. The amendments in ASU 2016-09 for public business entities are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2016. Early adoption is permitted for any entity in any interim or annual period and if so elected, adjustments should be reflected as of the beginning of the fiscal year that includes the interim period. An entity that elects early adoption must adopt all of the amendments in the same period. We are currently evaluating the impact of ASU 2016-09 on our accounting and do not expect this guidance to have a significant impact on our financial condition, results of operations or cash flow. In June 2016, the FASB issued ASU 2016-13, “Financial Instruments-Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments,” which require a financial asset measured at amortized cost to be presented at the net amount expected to be collected. The measurement of expected credit losses is to be based on information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. This measurement is to take place at the time an asset is first added to the balance sheet and periodically thereafter. This differs significantly from the “incurred loss” methodology for recognizing credit losses required under current GAAP, which delays recognition until it is probable a loss has been incurred. The new standard is effective for public companies for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. We are currently evaluating the impact of ASU 2016-13 on our accounting, but we expect to recognize a one-time cumulative-effect adjustment to our allowance for loan losses as of the beginning of the first reporting period in which the new standard becomes effective. We cannot yet determine the magnitude of any such one-time cumulative adjustment or of the overall impact of the new standard on our financial condition or results of operations.

Securities (Tables)

Securities (Tables)	6 Months Ended
	Jun. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized cost and estimated fair value of securities available-for-sale and held-to-maturity	The following tables set forth the amortized cost and estimated fair value of securities available-for-sale and held-to-maturity at the dates indicated. At June 30, 2016 (In Thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Available-for-sale: Residential mortgage-backed securities: GSE (1) issuance REMICs and CMOs (2) $ 283,609 $ 5,278 $ (75 ) $ 288,812 Non-GSE issuance REMICs and CMOs 2,213 6 (2 ) 2,217 GSE pass-through certificates 9,821 448 (2 ) 10,267 Total residential mortgage-backed securities 295,643 5,732 (79 ) 301,296 Obligations of GSEs 54,992 57 — 55,049 Fannie Mae stock 15 — (13 ) 2 Total securities available-for-sale $ 350,650 $ 5,789 $ (92 ) $ 356,347 Held-to-maturity: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 1,217,296 $ 22,029 $ (1,131 ) $ 1,238,194 Non-GSE issuance REMICs and CMOs 196 — (7 ) 189 GSE pass-through certificates 238,763 4,383 (274 ) 242,872 Total residential mortgage-backed securities 1,456,255 26,412 (1,412 ) 1,481,255 Multi-family mortgage-backed securities: GSE issuance REMICs 895,011 14,624 (47 ) 909,588 Obligations of GSEs 246,274 870 — 247,144 Corporate Debt securities 80,000 436 (2,112 ) 78,324 Other 390 1 — 391 Total securities held-to-maturity $ 2,677,930 $ 42,343 $ (3,571 ) $ 2,716,702 (1) Government-sponsored enterprise (2) Real estate mortgage investment conduits and collateralized mortgage obligations At December 31, 2015 (In Thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Available-for-sale: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 331,099 $ 2,374 $ (2,934 ) $ 330,539 Non-GSE issuance REMICs and CMOs 3,048 13 (7 ) 3,054 GSE pass-through certificates 10,781 485 (2 ) 11,264 Total residential mortgage-backed securities 344,928 2,872 (2,943 ) 344,857 Obligations of GSEs 73,701 — (1,762 ) 71,939 Fannie Mae stock 15 — (13 ) 2 Total securities available-for-sale $ 418,644 $ 2,872 $ (4,718 ) $ 416,798 Held-to-maturity: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 1,361,907 $ 8,135 $ (14,128 ) $ 1,355,914 Non-GSE issuance REMICs and CMOs 198 — (5 ) 193 GSE pass-through certificates 260,707 1,535 (3,413 ) 258,829 Total residential mortgage-backed securities 1,622,812 9,670 (17,546 ) 1,614,936 Multi-family mortgage-backed securities: GSE issuance REMICs 434,587 1,255 (2,334 ) 433,508 Obligations of GSEs 178,967 220 (480 ) 178,707 Corporate debt securities 60,000 — (1,493 ) 58,507 Other 433 1 — 434 Total securities held-to-maturity $ 2,296,799 $ 11,146 $ (21,853 ) $ 2,286,092
Schedule of estimated fair values of securities with gross unrealized losses in continuous unrealized loss position for less than twelve months and for twelve months or longer	The following tables set forth the estimated fair values of securities with gross unrealized losses at the dates indicated, segregated between securities that have been in a continuous unrealized loss position for less than twelve months and those that have been in a continuous unrealized loss position for twelve months or longer at the dates indicated. At June 30, 2016 Less Than Twelve Months Twelve Months or Longer Total (In Thousands) Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Available-for-sale: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ — $ — $ 22,913 $ (75 ) $ 22,913 $ (75 ) Non-GSE issuance REMICs and CMOs 38 (1 ) 79 (1 ) 117 (2 ) GSE pass-through certificates 74 (1 ) 92 (1 ) 166 (2 ) Fannie Mae stock — — 2 (13 ) 2 (13 ) Total temporarily impaired securities available-for-sale $ 112 $ (2 ) $ 23,086 $ (90 ) $ 23,198 $ (92 ) Held-to-maturity: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 9,800 $ (1 ) $ 157,856 $ (1,130 ) $ 167,656 $ (1,131 ) Non-GSE issuance REMICs and CMOs — — 189 (7 ) 189 (7 ) GSE pass-through certificates — — 69,687 (274 ) 69,687 (274 ) Multi-family mortgage-backed securities: GSE issuance REMICs 45,407 (47 ) — — 45,407 (47 ) Corporate debt securities 67,888 (2,112 ) — — 67,888 (2,112 ) Total temporarily impaired securities held-to-maturity $ 123,095 $ (2,160 ) $ 227,732 $ (1,411 ) $ 350,827 $ (3,571 ) At December 31, 2015 Less Than Twelve Months Twelve Months or Longer Total (In Thousands) Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Estimated Fair Value Gross Unrealized Losses Available-for-sale: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 189,364 $ (2,934 ) $ — $ — $ 189,364 $ (2,934 ) Non-GSE issuance REMICs and CMOs 75 (2 ) 64 (5 ) 139 (7 ) GSE pass-through certificates 97 (1 ) 103 (1 ) 200 (2 ) Obligations of GSEs 24,602 (390 ) 47,337 (1,372 ) 71,939 (1,762 ) Fannie Mae stock — — 2 (13 ) 2 (13 ) Total temporarily impaired securities available-for-sale $ 214,138 $ (3,327 ) $ 47,506 $ (1,391 ) $ 261,644 $ (4,718 ) Held-to-maturity: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 395,659 $ (3,972 ) $ 289,645 $ (10,156 ) $ 685,304 $ (14,128 ) Non-GSE issuance REMICs and CMOs — — 193 (5 ) 193 (5 ) GSE pass-through certificates 56,503 (586 ) 106,738 (2,827 ) 163,241 (3,413 ) Multi-family mortgage-backed securities: GSE issuance REMICs 276,601 (2,334 ) — — 276,601 (2,334 ) Obligations of GSEs 107,824 (480 ) — — 107,824 (480 ) Corporate debt securities 58,507 (1,493 ) — — 58,507 (1,493 ) Total temporarily impaired securities held-to-maturity $ 895,094 $ (8,865 ) $ 396,576 $ (12,988 ) $ 1,291,670 $ (21,853 )

Loans Receivable and Allowanc25

Loans Receivable and Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2016
Receivables [Abstract]
Schedule of composition of loans receivable portfolio and an aging analysis by accruing and non-accrual loans and by segment and class	The following tables set forth the composition of our loans receivable portfolio, and an aging analysis by accruing and non-accrual loans, by segment and class at the dates indicated. At June 30, 2016 Past Due (In Thousands) 30-59 Days 60-89 Days 90 Days or More Total Past Due Current Total Accruing loans: Mortgage loans (gross): Residential: Full documentation interest-only $ 4,510 $ 943 $ — $ 5,453 $ 313,953 $ 319,406 Full documentation amortizing 34,084 7,312 — 41,396 4,392,925 4,434,321 Reduced documentation interest-only 5,150 1,004 — 6,154 156,689 162,843 Reduced documentation amortizing 15,267 5,435 — 20,702 558,642 579,344 Total residential 59,011 14,694 — 73,705 5,422,209 5,495,914 Multi-family 4,504 136 716 5,356 4,107,115 4,112,471 Commercial real estate 181 1,654 1,702 3,537 784,840 788,377 Total mortgage loans 63,696 16,484 2,418 82,598 10,314,164 10,396,762 Consumer and other loans (gross): Home equity and other consumer 2,668 541 — 3,209 140,616 143,825 Commercial and industrial — — — — 107,558 107,558 Total consumer and other loans 2,668 541 — 3,209 248,174 251,383 Total accruing loans $ 66,364 $ 17,025 $ 2,418 $ 85,807 $ 10,562,338 $ 10,648,145 Non-accrual loans: Mortgage loans (gross): Residential: Full documentation interest-only $ — $ — $ 12,952 $ 12,952 $ 4,812 $ 17,764 Full documentation amortizing 1,494 886 41,035 43,415 10,637 54,052 Reduced documentation interest-only 579 365 12,980 13,924 5,497 19,421 Reduced documentation amortizing 512 1,447 29,132 31,091 15,179 46,270 Total residential 2,585 2,698 96,099 101,382 36,125 137,507 Multi-family 493 1,451 2,437 4,381 3,192 7,573 Commercial real estate 230 166 — 396 1,251 1,647 Total mortgage loans 3,308 4,315 98,536 106,159 40,568 146,727 Consumer and other loans (gross): Home equity and other consumer — — 5,284 5,284 271 5,555 Commercial and industrial — — 491 491 — 491 Total consumer and other loans — — 5,775 5,775 271 6,046 Total non-accrual loans $ 3,308 $ 4,315 $ 104,311 $ 111,934 $ 40,839 $ 152,773 Total loans: Mortgage loans (gross): Residential: Full documentation interest-only $ 4,510 $ 943 $ 12,952 $ 18,405 $ 318,765 $ 337,170 Full documentation amortizing 35,578 8,198 41,035 84,811 4,403,562 4,488,373 Reduced documentation interest-only 5,729 1,369 12,980 20,078 162,186 182,264 Reduced documentation amortizing 15,779 6,882 29,132 51,793 573,821 625,614 Total residential 61,596 17,392 96,099 175,087 5,458,334 5,633,421 Multi-family 4,997 1,587 3,153 9,737 4,110,307 4,120,044 Commercial real estate 411 1,820 1,702 3,933 786,091 790,024 Total mortgage loans 67,004 20,799 100,954 188,757 10,354,732 10,543,489 Consumer and other loans (gross): Home equity and other consumer 2,668 541 5,284 8,493 140,887 149,380 Commercial and industrial — — 491 491 107,558 108,049 Total consumer and other loans 2,668 541 5,775 8,984 248,445 257,429 Total loans $ 69,672 $ 21,340 $ 106,729 $ 197,741 $ 10,603,177 $ 10,800,918 Net unamortized premiums and deferred loan origination costs 38,411 Loans receivable 10,839,329 Allowance for loan losses (90,000 ) Loans receivable, net $ 10,749,329 At December 31, 2015 Past Due (In Thousands) 30-59 Days 60-89 Days 90 Days or More Total Past Due Current Total Accruing loans: Mortgage loans (gross): Residential: Full documentation interest-only $ 10,045 $ 2,382 $ — $ 12,427 $ 401,486 $ 413,913 Full documentation amortizing 40,151 10,346 332 50,829 4,602,940 4,653,769 Reduced documentation interest-only 7,254 2,321 — 9,575 266,084 275,659 Reduced documentation amortizing 20,135 4,369 — 24,504 527,566 552,070 Total residential 77,585 19,418 332 97,335 5,798,076 5,895,411 Multi-family 1,662 2,069 — 3,731 4,013,541 4,017,272 Commercial real estate 246 1,689 — 1,935 813,640 815,575 Total mortgage loans 79,493 23,176 332 103,001 10,625,257 10,728,258 Consumer and other loans (gross): Home equity and other consumer 2,358 502 — 2,860 151,554 154,414 Commercial and industrial — — — — 91,171 91,171 Total consumer and other loans 2,358 502 — 2,860 242,725 245,585 Total accruing loans $ 81,851 $ 23,678 $ 332 $ 105,861 $ 10,867,982 $ 10,973,843 Non-accrual loans: Mortgage loans (gross): Residential: Full documentation interest-only $ 1,182 $ — $ 11,359 $ 12,541 $ 5,834 $ 18,375 Full documentation amortizing 3,579 603 32,535 36,717 7,480 44,197 Reduced documentation interest-only 257 579 15,285 16,121 11,451 27,572 Reduced documentation amortizing 2,238 365 14,322 16,925 12,935 29,860 Total residential 7,256 1,547 73,501 82,304 37,700 120,004 Multi-family 725 623 2,441 3,789 3,044 6,833 Commercial real estate 241 — 572 813 3,126 3,939 Total mortgage loans 8,222 2,170 76,514 86,906 43,870 130,776 Consumer and other loans (gross): Home equity and other consumer — — 6,405 6,405 — 6,405 Commercial and industrial — — 703 703 — 703 Total consumer and other loans — — 7,108 7,108 — 7,108 Total non-accrual loans $ 8,222 $ 2,170 $ 83,622 $ 94,014 $ 43,870 $ 137,884 Total loans: Mortgage loans (gross): Residential: Full documentation interest-only $ 11,227 $ 2,382 $ 11,359 $ 24,968 $ 407,320 $ 432,288 Full documentation amortizing 43,730 10,949 32,867 87,546 4,610,420 4,697,966 Reduced documentation interest-only 7,511 2,900 15,285 25,696 277,535 303,231 Reduced documentation amortizing 22,373 4,734 14,322 41,429 540,501 581,930 Total residential 84,841 20,965 73,833 179,639 5,835,776 6,015,415 Multi-family 2,387 2,692 2,441 7,520 4,016,585 4,024,105 Commercial real estate 487 1,689 572 2,748 816,766 819,514 Total mortgage loans 87,715 25,346 76,846 189,907 10,669,127 10,859,034 Consumer and other loans (gross): Home equity and other consumer 2,358 502 6,405 9,265 151,554 160,819 Commercial and industrial — — 703 703 91,171 91,874 Total consumer and other loans 2,358 502 7,108 9,968 242,725 252,693 Total loans $ 90,073 $ 25,848 $ 83,954 $ 199,875 $ 10,911,852 $ 11,111,727 Net unamortized premiums and deferred loan origination costs 41,354 Loans receivable 11,153,081 Allowance for loan losses (98,000 ) Loans receivable, net $ 11,055,081
Schedule of changes in allowance for loan losses by loan receivable segment	The following tables set forth the changes in our allowance for loan losses by loan receivable segment for the periods indicated. For the Three Months Ended June 30, 2016 Mortgage Loans Consumer and Other Loans Multi-Family Commercial Real Estate (In Thousands) Residential Total Balance at April 1, 2016 $ 44,378 $ 33,020 $ 10,368 $ 6,434 $ 94,200 Provision (credited) charged to operations (1,658 ) (1,270 ) (596 ) 518 (3,006 ) Charge-offs (1,826 ) (99 ) (63 ) (95 ) (2,083 ) Recoveries 326 480 — 83 889 Balance at June 30, 2016 $ 41,220 $ 32,131 $ 9,709 $ 6,940 $ 90,000 For the Six Months Ended June 30, 2016 Mortgage Loans Consumer and Other Loans Multi-Family Commercial Real Estate (In Thousands) Residential Total Balance at January 1, 2016 $ 44,951 $ 35,544 $ 11,217 $ 6,288 $ 98,000 Provision (credited) charged to operations (1,520 ) (4,527 ) (1,445 ) 1,359 (6,133 ) Charge-offs (3,491 ) (409 ) (63 ) (860 ) (4,823 ) Recoveries 1,280 1,523 — 153 2,956 Balance at June 30, 2016 $ 41,220 $ 32,131 $ 9,709 $ 6,940 $ 90,000 For the Three Months Ended June 30, 2015 Mortgage Loans Consumer and Other Loans Multi-Family Commercial Real Estate (In Thousands) Residential Total Balance at April 1, 2015 $ 43,481 $ 40,082 $ 17,118 $ 9,819 $ 110,500 Provision charged (credited) to operations 1,497 (1,663 ) (1,728 ) (1,073 ) (2,967 ) Charge-offs (1,602 ) (103 ) — (86 ) (1,791 ) Recoveries 1,170 478 — 110 1,758 Balance at June 30, 2015 $ 44,546 $ 38,794 $ 15,390 $ 8,770 $ 107,500 For the Six Months Ended June 30, 2015 Mortgage Loans Consumer and Other Loans Multi-Family Commercial Real Estate (In Thousands) Residential Total Balance at January 1, 2015 $ 46,283 $ 39,250 $ 17,242 $ 8,825 $ 111,600 Provision (credited) charged to operations (354 ) (1,407 ) (1,710 ) 161 (3,310 ) Charge-offs (3,359 ) (345 ) (142 ) (435 ) (4,281 ) Recoveries 1,976 1,296 — 219 3,491 Balance at June 30, 2015 $ 44,546 $ 38,794 $ 15,390 $ 8,770 $ 107,500
Schedule of balances of residential interest-only mortgage loans by scheduled amortization period	The following table sets forth the balances of our residential interest-only mortgage loans at June 30, 2016 by the period in which such loans are scheduled to enter their amortization period. ( In Thousands ) Recorded Investment Amortization scheduled to begin in: 12 months or less $ 322,891 13 to 24 months 162,300 25 to 36 months 16,391 Over 36 months 17,852 Total $ 519,434
Schedule of loan receivable segments by class and credit quality indicator	The following tables set forth the balances of our residential mortgage and consumer and other loan receivable segments by class and credit quality indicator at the dates indicated. At June 30, 2016 Residential Mortgage Loans Consumer and Other Loans Full Documentation Reduced Documentation Home Equity and Other Consumer Commercial and Industrial (In Thousands) Interest-only Amortizing Interest-only Amortizing Performing $ 319,406 $ 4,434,321 $ 162,843 $ 579,344 $ 143,825 $ 107,558 Non-performing: Current or past due less than 90 days 4,812 13,017 6,441 17,138 271 — Past due 90 days or more 12,952 41,035 12,980 29,132 5,284 491 Total $ 337,170 $ 4,488,373 $ 182,264 $ 625,614 $ 149,380 $ 108,049 At December 31, 2015 Residential Mortgage Loans Consumer and Other Loans Full Documentation Reduced Documentation Home Equity and Other Consumer Commercial and Industrial (In Thousands) Interest-only Amortizing Interest-only Amortizing Performing $ 413,913 $ 4,653,437 $ 275,659 $ 552,070 $ 154,414 $ 91,171 Non-performing: Current or past due less than 90 days 7,016 11,662 12,287 15,538 — — Past due 90 days or more 11,359 32,867 15,285 14,322 6,405 703 Total $ 432,288 $ 4,697,966 $ 303,231 $ 581,930 $ 160,819 $ 91,874 The following table sets forth the balances of our multi-family and commercial real estate mortgage loan receivable segments by credit quality indicator at the dates indicated. At June 30, 2016 At December 31, 2015 Commercial Real Estate Commercial Real Estate (In Thousands) Multi-Family Multi-Family Not criticized $ 4,074,281 $ 748,936 $ 3,981,050 $ 769,029 Criticized: Special mention 21,342 14,255 14,931 20,441 Substandard 24,421 26,833 28,124 30,044 Doubtful — — — — Total $ 4,120,044 $ 790,024 $ 4,024,105 $ 819,514
Schedule of balances of loans receivable and the related allowance for loan loss allocation by segment and by the impairment methodology followed	The following tables set forth the balances of our loans receivable and the related allowance for loan loss allocation by segment and by the impairment methodology followed in determining the allowance for loan losses at the dates indicated. At June 30, 2016 Mortgage Loans Consumer and Other Loans Multi-Family Commercial Real Estate (In Thousands) Residential Total Loans: Individually evaluated for impairment $ 199,584 $ 13,500 $ 11,937 $ 4,438 $ 229,459 Collectively evaluated for impairment 5,433,837 4,106,544 778,087 252,991 10,571,459 Total loans $ 5,633,421 $ 4,120,044 $ 790,024 $ 257,429 $ 10,800,918 Allowance for loan losses: Individually evaluated for impairment $ 12,066 $ 147 $ 21 $ 370 $ 12,604 Collectively evaluated for impairment 29,154 31,984 9,688 6,570 77,396 Total allowance for loan losses $ 41,220 $ 32,131 $ 9,709 $ 6,940 $ 90,000 At December 31, 2015 Mortgage Loans Consumer and Other Loans Multi-Family Commercial Real Estate (In Thousands) Residential Total Loans: Individually evaluated for impairment $ 192,914 $ 24,643 $ 14,993 $ 4,968 $ 237,518 Collectively evaluated for impairment 5,822,501 3,999,462 804,521 247,725 10,874,209 Total loans $ 6,015,415 $ 4,024,105 $ 819,514 $ 252,693 $ 11,111,727 Allowance for loan losses: Individually evaluated for impairment $ 13,148 $ 456 $ 788 $ 421 $ 14,813 Collectively evaluated for impairment 31,803 35,088 10,429 5,867 83,187 Total allowance for loan losses $ 44,951 $ 35,544 $ 11,217 $ 6,288 $ 98,000
Summary of information related to impaired loans by segment and class	The following table summarizes information related to our impaired loans by segment and class at the dates indicated. At June 30, 2016 At December 31, 2015 (In Thousands) Unpaid Principal Balance Recorded Investment Related Allowance Net Investment Unpaid Principal Balance Recorded Investment Related Allowance Net Investment With an allowance recorded: Mortgage loans: Residential: Full documentation interest-only $ 31,384 $ 25,196 $ (3,127 ) $ 22,069 $ 37,454 $ 30,631 $ (4,051 ) $ 26,580 Full documentation amortizing 82,711 75,484 (3,601 ) 71,883 69,242 63,223 (2,534 ) 60,689 Reduced documentation interest-only 39,060 31,990 (2,459 ) 29,531 55,939 46,540 (4,253 ) 42,287 Reduced documentation amortizing 74,827 66,914 (2,879 ) 64,035 57,955 52,520 (2,310 ) 50,210 Multi-family 4,724 4,788 (147 ) 4,641 8,029 7,950 (456 ) 7,494 Commercial real estate 323 344 (21 ) 323 6,651 6,723 (788 ) 5,935 Consumer and other loans: Home equity lines of credit 4,796 4,438 (370 ) 4,068 5,295 4,968 (421 ) 4,547 Without an allowance recorded: Mortgage loans: Multi-family 9,935 8,712 — 8,712 19,523 16,693 — 16,693 Commercial real estate 14,427 11,593 — 11,593 11,104 8,270 — 8,270 Total impaired loans $ 262,187 $ 229,459 $ (12,604 ) $ 216,855 $ 271,192 $ 237,518 $ (14,813 ) $ 222,705
Schedule of information related to average recorded investment, interest income recognized and cash basis interest income related to impaired mortgage loans	The following tables set forth the average recorded investment, interest income recognized and cash basis interest income related to our impaired loans by segment and class for the periods indicated. For the Three Months Ended June 30, 2016 2015 (In Thousands) Average Recorded Investment Interest Income Recognized Cash Basis Interest Income Average Recorded Investment Interest Income Recognized Cash Basis Interest Income With an allowance recorded: Mortgage loans: Residential: Full documentation interest-only $ 26,744 $ 154 $ 154 $ 42,150 $ 295 $ 291 Full documentation amortizing 70,988 524 534 50,619 380 391 Reduced documentation interest-only 35,843 300 300 74,210 840 821 Reduced documentation amortizing 64,400 594 597 21,888 203 207 Multi-family 5,232 56 68 14,731 75 81 Commercial real estate 686 5 5 13,751 100 101 Consumer and other loans: Home equity lines of credit 4,488 11 9 6,179 20 22 Without an allowance recorded: Mortgage loans: Multi-family 9,385 113 121 17,014 138 138 Commercial real estate 11,867 164 167 4,505 266 266 Total impaired loans $ 229,633 $ 1,921 $ 1,955 $ 245,047 $ 2,317 $ 2,318 For the Six Months Ended June 30, 2016 2015 (In Thousands) Average Recorded Investment Interest Income Recognized Cash Basis Interest Income Average Recorded Investment Interest Income Recognized Cash Basis Interest Income With an allowance recorded: Mortgage loans: Residential: Full documentation interest-only $ 28,040 $ 290 $ 302 $ 43,544 $ 608 $ 614 Full documentation amortizing 68,400 1,070 1,077 47,077 798 816 Reduced documentation interest-only 39,409 622 615 75,126 1,528 1,527 Reduced documentation amortizing 60,440 1,156 1,178 20,631 392 401 Multi-family 6,138 120 138 19,190 159 183 Commercial real estate 2,698 11 12 15,591 197 209 Consumer and other loans: Home equity lines of credit 4,648 21 20 5,837 32 39 Without an allowance recorded: Mortgage loans: Multi-family 11,821 243 254 16,177 534 534 Commercial real estate 10,668 334 337 3,003 277 275 Total impaired loans $ 232,262 $ 3,867 $ 3,933 $ 246,176 $ 4,525 $ 4,598
Schedule of information about mortgage loans receivable by segment and class modified in troubled debt restructuring	The following tables set forth information about our mortgage loans receivable by segment and class at June 30, 2016 and 2015 which were modified in a troubled debt restructuring, or TDR, during the periods indicated. Modifications During the Three Months Ended June 30, 2016 2015 (Dollars In Thousands) Number of Loans Pre- Modification Recorded Investment Recorded Investment at June 30, 2016 Number of Loans Pre- Modification Recorded Investment Recorded Investment at June 30, 2015 Residential: Full documentation interest-only 3 $ 1,947 $ 1,943 4 $ 1,315 $ 1,309 Full documentation amortizing 11 4,274 4,264 5 1,142 1,136 Reduced documentation interest-only 1 498 489 1 209 209 Reduced documentation amortizing 2 529 526 2 339 339 Multi-family 1 338 332 — — — Commercial real estate 1 515 487 — — — Total 19 $ 8,101 $ 8,041 12 $ 3,005 $ 2,993 Modifications During the Six Months Ended June 30, 2016 2015 (Dollars In Thousands) Number of Loans Pre- Modification Recorded Investment Recorded Investment at June 30, 2016 Number of Loans Pre- Modification Recorded Investment Recorded Investment at June 30, 2015 Residential: Full documentation interest-only 7 $ 2,836 $ 2,829 8 $ 3,350 $ 3,340 Full documentation amortizing 13 4,865 4,852 11 3,201 3,126 Reduced documentation interest-only 3 1,212 1,196 5 1,896 1,903 Reduced documentation amortizing 5 1,524 1,506 2 339 339 Multi-family 1 338 332 — — — Commercial real estate 1 515 487 2 2,902 2,864 Total 30 $ 11,290 $ 11,202 28 $ 11,688 $ 11,572 The following tables set forth information about our mortgage loans receivable by segment and class at June 30, 2016 and 2015 which were modified in a TDR during the twelve month periods ended June 30, 2016 and 2015 and had a payment default subsequent to the modification during the periods indicated. For the Three Months Ended June 30, 2016 2015 (Dollars In Thousands) Number of Loans Recorded Investment at June 30, 2016 Number of Loans Recorded Investment at June 30, 2015 Residential: Full documentation interest-only 3 $ 1,084 4 $ 1,957 Full documentation amortizing 9 2,345 1 387 Reduced documentation interest-only 2 395 4 1,967 Multi-family — — 2 1,036 Total 14 $ 3,824 11 $ 5,347 For the Six Months Ended June 30, 2016 2015 (Dollars In Thousands) Number of Loans Recorded Investment at June 30, 2016 Number of Loans Recorded Investment at June 30, 2015 Residential: Full documentation interest-only 3 $ 1,084 4 $ 1,957 Full documentation amortizing 9 2,345 2 845 Reduced documentation interest-only 3 970 4 1,967 Multi-family — — 2 1,036 Total 15 $ 4,399 12 $ 5,805

Reverse Repurchase Agreements (

Reverse Repurchase Agreements (Tables)	6 Months Ended
	Jun. 30, 2016
Debt Disclosure [Abstract]
Contractual maturities of reverse repurchase agreements	The following table details the remaining contractual maturities of our reverse repurchase agreements at June 30, 2016 . Year Amount (In Thousands) 2018 $ 200,000 (1 ) 2019 600,000 (1 ) 2020 300,000 (2 ) Total $ 1,100,000 (1) Callable in 2016. (2) Includes $200.0 million of borrowings which are callable in 2016 and $100.0 million of borrowings which are callable in 2017.

Earnings Per Common Share (Tabl

Earnings Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2016
Earnings Per Share [Abstract]
Reconciliation of basic and diluted earnings per common share	The following table is a reconciliation of basic and diluted earnings per common share, or EPS. For the Three Months Ended June 30, For the Six Months Ended June 30, (In Thousands, Except Share Data) 2016 2015 2016 2015 Net income $ 18,336 $ 31,431 $ 36,901 $ 50,738 Preferred stock dividends (2,194 ) (2,194 ) (4,388 ) (4,388 ) Net income available to common shareholders 16,142 29,237 32,513 46,350 Income allocated to participating securities (160 ) (295 ) (296 ) (394 ) Net income allocated to common shareholders $ 15,982 $ 28,942 $ 32,217 $ 45,956 Basic weighted average common shares outstanding 100,380,937 99,664,442 100,374,934 99,459,376 Dilutive effect of stock options and restricted stock units (1) (2) — — — — Diluted weighted average common shares outstanding 100,380,937 99,664,442 100,374,934 99,459,376 Basic EPS $ 0.16 $ 0.29 $ 0.32 $ 0.46 Diluted EPS $ 0.16 $ 0.29 $ 0.32 $ 0.46 (1) Excludes options to purchase 6,000 shares of common stock which were outstanding during the three months ended June 30, 2016 ; options to purchase 12,000 shares of common stock which were outstanding during the three months ended June 30, 2015 ; options to purchase 6,495 shares of common stock which were outstanding during the six months ended June 30, 2016 ; and options to purchase 16,334 shares of common stock which were outstanding during the six months ended June 30, 2015 because their inclusion would be anti-dilutive. (2) Excludes 744,923 unvested restricted stock units which were outstanding during the three months ended June 30, 2016 ; 1,029,336 unvested restricted stock units which were outstanding during the three months ended June 30, 2015 ; 746,027 unvested restricted stock units which were outstanding during the six months ended June 30, 2016 ; and 896,425 unvested restricted stock units which were outstanding during the six months ended June 30, 2015 because the performance conditions have not been satisfied.

Other Comprehensive Income_Lo28

Other Comprehensive Income/Loss (Tables)	6 Months Ended
	Jun. 30, 2016
Equity [Abstract]
Components of and changes in accumulated other comprehensive loss net of tax	The following tables set forth the components of accumulated other comprehensive loss, net of related tax effects, at the dates indicated and the changes during the three and six months ended June 30, 2016 and 2015 . (In Thousands) At Other Comprehensive Income At Net unrealized gain on securities available-for-sale $ 6,812 $ 507 $ 7,319 Net actuarial loss on pension plans and other postretirement benefits (57,999 ) 315 (57,684 ) Prior service cost on pension plans and other postretirement benefits (3,020 ) 29 (2,991 ) Accumulated other comprehensive loss $ (54,207 ) $ 851 $ (53,356 ) (In Thousands) At Other Comprehensive Income At Net unrealized gain on securities available-for-sale $ 2,827 $ 4,492 $ 7,319 Net actuarial loss on pension plans and other postretirement benefits (58,396 ) 712 (57,684 ) Prior service cost on pension plans and other postretirement benefits (3,048 ) 57 (2,991 ) Accumulated other comprehensive loss $ (58,617 ) $ 5,261 $ (53,356 ) (In Thousands) At Other Comprehensive (Loss) Income At Net unrealized gain on securities available-for-sale $ 6,679 $ (2,791 ) $ 3,888 Net actuarial loss on pension plans and other postretirement benefits (67,007 ) 417 (66,590 ) Prior service cost on pension plans and other postretirement benefits (3,132 ) 27 (3,105 ) Accumulated other comprehensive loss $ (63,460 ) $ (2,347 ) $ (65,807 ) (In Thousands) At Other Comprehensive (Loss) Income At Net unrealized gain on securities available-for-sale $ 4,686 $ (798 ) $ 3,888 Net actuarial loss on pension plans and other postretirement benefits (67,476 ) 886 (66,590 ) Prior service cost on pension plans and other postretirement benefits (3,161 ) 56 (3,105 ) Accumulated other comprehensive loss $ (65,951 ) $ 144 $ (65,807 )
Schedule of components of other comprehensive income	The following tables set forth the components of other comprehensive income (loss) for the periods indicated. For the Three Months Ended (In Thousands) Before Tax Amount Income Tax Expense After Tax Amount Net unrealized holding gain on securities available-for-sale arising during the period $ 852 $ (345 ) $ 507 Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income 528 (213 ) 315 Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income 48 (19 ) 29 Other comprehensive income $ 1,428 $ (577 ) $ 851 For the Six Months Ended (In Thousands) Before Tax Amount Income Tax (Expense) Benefit After Tax Amount Net unrealized gain on securities available-for-sale: Net unrealized holding gain on securities available-for-sale arising during the period $ 7,626 $ (3,083 ) $ 4,543 Reclassification adjustment for gain on sales of securities included in net income (86 ) 35 (51 ) Net unrealized gain on securities available-for-sale 7,540 (3,048 ) 4,492 Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income 1,195 (483 ) 712 Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income 95 (38 ) 57 Other comprehensive income $ 8,830 $ (3,569 ) $ 5,261 For the Three Months Ended (In Thousands) Before Tax Amount Income Tax Benefit (Expense) After Tax Amount Net unrealized loss on securities available-for-sale: Net unrealized holding loss on securities arising during the period $ (4,491 ) $ 1,743 $ (2,748 ) Reclassification adjustment for gain on sales of securities included in net income (72 ) 29 (43 ) Net unrealized loss on securities available-for-sale (4,563 ) 1,772 (2,791 ) Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income 729 (312 ) 417 Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income 48 (21 ) 27 Other comprehensive loss $ (3,786 ) $ 1,439 $ (2,347 ) For the Six Months Ended (In Thousands) Before Tax Amount Income Tax Benefit (Expense) After Tax Amount Net unrealized loss on securities available-for-sale: Net unrealized holding loss on securities arising during the period $ (1,268 ) $ 513 $ (755 ) Reclassification adjustment for gain on sales of securities included in net income (72 ) 29 (43 ) Net unrealized loss on securities available-for-sale (1,340 ) 542 (798 ) Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income 1,486 (600 ) 886 Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income 95 (39 ) 56 Other comprehensive income $ 241 $ (97 ) $ 144
Information about amounts reclassified from accumulated other comprehensive loss to the consolidated statements of income	The following tables set forth information about amounts reclassified from accumulated other comprehensive loss to the affected line items in the consolidated statements of income for the periods indicated. For the Three Months Ended June 30, Income Statement Line Item (In Thousands) 2016 2015 Reclassification adjustment for gain on sales of securities $ — $ 72 Gain on sales of securities Reclassification adjustment for net actuarial loss (1) (528 ) (729 ) Compensation and benefits Reclassification adjustment for prior service cost (1) (48 ) (48 ) Compensation and benefits Total reclassifications, before tax (576 ) (705 ) Income tax effect 232 304 Income tax expense Total reclassifications, net of tax $ (344 ) $ (401 ) Net income For the Six Months Ended June 30, Income Statement Line Item (In Thousands) 2016 2015 Reclassification adjustment for gain on sales of securities $ 86 $ 72 Gain on sales of securities Reclassification adjustment for net actuarial loss (1) (1,195 ) (1,486 ) Compensation and benefits Reclassification adjustment for prior service cost (1) (95 ) (95 ) Compensation and benefits Total reclassifications, before tax (1,204 ) (1,509 ) Income tax effect 486 610 Income tax expense Total reclassifications, net of tax $ (718 ) $ (899 ) Net income (1) These other comprehensive income components are included in the computations of net periodic cost (benefit) for our defined benefit pension plans and other postretirement benefit plan. See Note 8 for additional details.

Pension Plans and Other Postr29

Pension Plans and Other Postretirement Benefits (Tables)	6 Months Ended
	Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Schedule of net periodic (benefit) cost for defined benefit pension plans and other postretirement benefit plan	The following tables set forth information regarding the components of net periodic cost (benefit) for our defined benefit pension plans and other postretirement benefit plan for the periods indicated. Pension Benefits Other Postretirement Benefits For the Three Months Ended June 30, For the Three Months Ended June 30, (In Thousands) 2016 2015 2016 2015 Service cost $ — $ — $ 460 $ 596 Interest cost 2,485 2,455 234 226 Expected return on plan assets (3,058 ) (3,634 ) — — Recognized net actuarial loss (gain) 673 729 (145 ) — Amortization of prior service cost 48 48 — — Net periodic cost (benefit) $ 148 $ (402 ) $ 549 $ 822 Pension Benefits Other Postretirement Benefits For the Six Months Ended June 30, For the Six Months Ended June 30, (In Thousands) 2016 2015 2016 2015 Service cost $ — $ — $ 932 $ 1,065 Interest cost 5,021 4,965 497 502 Expected return on plan assets (6,116 ) (7,267 ) — — Recognized net actuarial loss (gain) 1,407 1,486 (212 ) — Amortization of prior service cost 95 95 — — Net periodic cost (benefit) $ 407 $ (721 ) $ 1,217 $ 1,567

Stock Incentive Plans (Tables)

Stock Incentive Plans (Tables)	6 Months Ended
	Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of restricted common stock and performance based restricted stock unit in stock incentive plans	The following table summarizes restricted common stock and performance-based restricted stock unit activity in our stock incentive plans for the six months ended June 30, 2016 . Restricted Common Stock Restricted Stock Units Number of Shares Weighted Average Grant Date Fair Value Number of Units Weighted Average Grant Date Fair Value Unvested at January 1, 2016 374,817 $ 12.68 751,500 $ 12.41 Granted 685,872 15.06 — — Vested (30,350 ) (9.72 ) — — Forfeited (6,580 ) (13.81 ) (7,500 ) (12.43 ) Expired (65,000 ) (1) (13.23 ) — — Unvested at June 30, 2016 958,759 14.43 744,000 12.41 (1) Expired on June 30, 2016. Performance-based conditions were not achieved.

Regulatory Matters (Tables)

Regulatory Matters (Tables)	6 Months Ended
	Jun. 30, 2016
Regulatory Capital Requirements [Abstract]
Schedule of regulatory capital requirements applicable	The following table sets forth information regarding the regulatory capital requirements applicable to Astoria Financial Corporation and Astoria Bank. At June 30, 2016 Actual Minimum Capital Requirements Minimum Capital Requirements with Conservation Buffer To be Well Capitalized Under Prompt Corrective Action Provisions (Dollars in Thousands) Amount Ratio Amount Ratio Amount Ratio Amount Ratio Astoria Financial Corporation: Tier 1 leverage $ 1,550,012 10.46 % $ 592,626 4.00 % N/A N/A $ 740,782 5.00 % Common equity tier 1 risk-based 1,425,940 16.93 378,939 4.50 $ 431,570 5.125 % 547,357 6.50 Tier 1 risk-based 1,550,012 18.41 505,252 6.00 557,883 6.625 673,670 8.00 Total risk-based 1,640,591 19.48 673,670 8.00 726,300 8.625 842,087 10.00 Astoria Bank: Tier 1 leverage $ 1,698,440 11.54 % $ 588,743 4.00 % N/A N/A $ 735,929 5.00 % Common equity tier 1 risk-based 1,698,440 20.22 378,034 4.50 $ 430,539 5.125 % 546,049 6.50 Tier 1 risk-based 1,698,440 20.22 504,046 6.00 556,550 6.625 672,061 8.00 Total risk-based 1,789,019 21.30 672,061 8.00 724,565 8.625 840,076 10.00

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2016
Fair Value Disclosures [Abstract]
Schedule of carrying values of assets measured at estimated fair value on recurring basis and level within the fair value hierarchy	The following tables set forth the carrying values of our assets measured at estimated fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at the dates indicated. Carrying Value at June 30, 2016 (In Thousands) Total Level 1 Level 2 Securities available-for-sale: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 288,812 $ — $ 288,812 Non-GSE issuance REMICs and CMOs 2,217 — 2,217 GSE pass-through certificates 10,267 — 10,267 Obligations of GSEs 55,049 — 55,049 Fannie Mae stock 2 2 — Total securities available-for-sale $ 356,347 $ 2 $ 356,345 Carrying Value at December 31, 2015 (In Thousands) Total Level 1 Level 2 Securities available-for-sale: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 330,539 $ — $ 330,539 Non-GSE issuance REMICs and CMOs 3,054 — 3,054 GSE pass-through certificates 11,264 — 11,264 Obligations of GSEs 71,939 — 71,939 Fannie Mae stock 2 2 — Total securities available-for-sale $ 416,798 $ 2 $ 416,796
Schedule of carrying values of assets measured at fair value on non-recurring basis which fall within Level 3 of the fair value hierarchy	The following table sets forth the carrying values of those of our assets which were measured at fair value on a non-recurring basis at the dates indicated. The fair value measurements for all of these assets fall within Level 3 of the fair value hierarchy. Carrying Value (In Thousands) At June 30, 2016 At December 31, 2015 Non-performing loans held-for-sale, net $ 673 $ 1,582 Impaired loans 126,192 134,910 MSR, net 8,881 11,014 REO, net 12,434 16,307 Total $ 148,180 $ 163,813
Schedule of losses recognized on assets measured at fair value on non-recurring basis	The following table provides information regarding the gains (losses) recognized on our assets measured at fair value on a non-recurring basis for the periods indicated. For the Six Months Ended June 30, (In Thousands) 2016 2015 Non-performing loans held-for-sale, net (1) $ (167 ) $ — Impaired loans (2) (3,019 ) (3,442 ) MSR, net (3) (1,622 ) 616 REO, net (4) (789 ) (60 ) Total $ (5,597 ) $ (2,886 ) (1) Losses are charged against the allowance for loan losses in the case of a write-down upon the transfer of a loan to held-for-sale. Losses subsequent to the transfer of a loan to held-for-sale are charged to other non-interest income. (2) Losses are charged against the allowance for loan losses. (3) Gains (losses) are credited/charged to mortgage banking income, net. (4) Gains (losses) are credited/charged to the allowance for loan losses upon the transfer of a loan to REO. Losses subsequent to the transfer of a loan to REO are charged to REO expense which is a component of other non-interest expense.
Schedule of carrying values and estimated fair values of financial instruments	The following tables set forth the carrying values and estimated fair values of our financial instruments which are carried in the consolidated statements of financial condition at either cost or at lower of cost or fair value in accordance with GAAP, and are not measured or recorded at fair value on a recurring basis, and the level within the fair value hierarchy in which the fair value measurements fall at the dates indicated. At June 30, 2016 Carrying Value Estimated Fair Value (In Thousands) Total Level 2 Level 3 Financial Assets: Securities held-to-maturity $ 2,677,930 $ 2,716,702 $ 2,716,702 $ — FHLB-NY stock 137,909 137,909 137,909 — Loans held-for-sale, net (1) 6,843 6,973 — 6,973 Loans receivable, net (1) 10,749,329 10,871,364 — 10,871,364 MSR, net (1) 8,881 8,882 — 8,882 Financial Liabilities: Deposits 8,951,130 8,986,940 8,986,940 — Borrowings, net 4,018,487 4,188,733 4,188,733 — At December 31, 2015 Carrying Value Estimated Fair Value (In Thousands) Total Level 2 Level 3 Financial Assets: Securities held-to-maturity $ 2,296,799 $ 2,286,092 $ 2,286,092 $ — FHLB-NY stock 131,137 131,137 131,137 — Loans held-for-sale, net (1) 8,960 9,037 — 9,037 Loans receivable, net (1) 11,055,081 11,112,709 — 11,112,709 MSR, net (1) 11,014 11,017 — 11,017 Financial Liabilities: Deposits 9,106,027 9,123,740 9,123,740 — Borrowings, net 3,964,222 4,132,940 4,132,940 — _______________________________________________________ (1) Includes assets measured at fair value on a non-recurring basis.

Basis of Presentation (Details)

Basis of Presentation (Details) $ in Millions	3 Months Ended
	Jun. 30, 2015USD ($)
New York State
Valuation Allowance [Line Items]
Reduction of income tax effect	$ 11.4
Elimination of valuation allowance	7.2
New York City
Valuation Allowance [Line Items]
Recognition of additional deferred tax assets	$ 4.2

Merger Agreement with New Yor34

Merger Agreement with New York Community Bancorp, Inc. (Details) $ / shares in Units, $ in Millions	Oct. 28, 2015USD ($)$ / sharesshares	Jun. 30, 2016$ / sharesshares	Dec. 31, 2015$ / sharesshares
Business Acquisition [Line Items]
Common stock, par value (in dollars per share)		$ 0.01	$ 0.01
Preferred stock, par value (in dollars per share)		$ 1	$ 1
Common stock, shares authorized (in shares) | shares		200,000,000	200,000,000
Contract termination fee | $	$ 69.5
Series C Preferred Stock
Business Acquisition [Line Items]
Dividend rate	6.50%
Preferred stock, par value (in dollars per share)	$ 1
Liquidation preference (in dollars per share)	$ 1,000
New York Community Bancorp, Inc | Astoria Financial Corporation
Business Acquisition [Line Items]
Conversion of preferred shares of acquiree to acquirer	1
Common stock, par value (in dollars per share)	$ 0.01
Share price for acquisition (in dollars per share)	$ 0.50
New York Community Bancorp, Inc | Astoria Financial Corporation | Minimum
Business Acquisition [Line Items]
Common stock, shares authorized (in shares) | shares	600,000,000
New York Community Bancorp, Inc | Astoria Financial Corporation | Maximum
Business Acquisition [Line Items]
Common stock, shares authorized (in shares) | shares	900,000,000
New York Community Bancorp, Inc | Astoria Financial Corporation | Series A Preferred Stock
Business Acquisition [Line Items]
Dividend rate	6.50%
Preferred stock, par value (in dollars per share)	$ 0.01
Liquidation preference (in dollars per share)	$ 1,000

Securities (Amortized Cost and

Securities (Amortized Cost and Estimated Fair Value of Securities Available-for-Sale and Held-to-Maturity) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Available-for-sale:
Available-for-sale, amortized cost	$ 350,650	$ 418,644
Available-for-sale, gross unrealized gains	5,789	2,872
Total, gross unrealized losses	(92)	(4,718)
Available-for-sale, estimated fair value	356,347	416,798
Held-to-maturity:
Total held-to-maturity securities	2,677,930	2,296,799
Held-to-maturity, gross unrealized gains	42,343	11,146
Total, gross unrealized losses	(3,571)	(21,853)
Held-to-maturity securities, estimated fair value	2,716,702	2,286,092
GSE issuance REMICs and CMOs
Available-for-sale:
Available-for-sale, amortized cost	283,609	331,099
Available-for-sale, gross unrealized gains	5,278	2,374
Total, gross unrealized losses	(75)	(2,934)
Available-for-sale, estimated fair value	288,812	330,539
Held-to-maturity:
Total held-to-maturity securities	1,217,296	1,361,907
Held-to-maturity, gross unrealized gains	22,029	8,135
Total, gross unrealized losses	(1,131)	(14,128)
Held-to-maturity securities, estimated fair value	1,238,194	1,355,914
Non-GSE issuance REMICs and CMOs
Available-for-sale:
Available-for-sale, amortized cost	2,213	3,048
Available-for-sale, gross unrealized gains	6	13
Total, gross unrealized losses	(2)	(7)
Available-for-sale, estimated fair value	2,217	3,054
Held-to-maturity:
Total held-to-maturity securities	196	198
Held-to-maturity, gross unrealized gains	0	0
Total, gross unrealized losses	(7)	(5)
Held-to-maturity securities, estimated fair value	189	193
GSE pass-through certificates
Available-for-sale:
Available-for-sale, amortized cost	9,821	10,781
Available-for-sale, gross unrealized gains	448	485
Total, gross unrealized losses	(2)	(2)
Available-for-sale, estimated fair value	10,267	11,264
Held-to-maturity:
Total held-to-maturity securities	238,763	260,707
Held-to-maturity, gross unrealized gains	4,383	1,535
Total, gross unrealized losses	(274)	(3,413)
Held-to-maturity securities, estimated fair value	242,872	258,829
Total residential mortgage-backed securities
Available-for-sale:
Available-for-sale, amortized cost	295,643	344,928
Available-for-sale, gross unrealized gains	5,732	2,872
Total, gross unrealized losses	(79)	(2,943)
Available-for-sale, estimated fair value	301,296	344,857
Held-to-maturity:
Total held-to-maturity securities	1,456,255	1,622,812
Held-to-maturity, gross unrealized gains	26,412	9,670
Total, gross unrealized losses	(1,412)	(17,546)
Held-to-maturity securities, estimated fair value	1,481,255	1,614,936
Obligations of GSEs
Available-for-sale:
Available-for-sale, amortized cost	54,992	73,701
Available-for-sale, gross unrealized gains	57	0
Total, gross unrealized losses	0	(1,762)
Available-for-sale, estimated fair value	55,049	71,939
Held-to-maturity:
Total held-to-maturity securities	246,274	178,967
Held-to-maturity, gross unrealized gains	870	220
Total, gross unrealized losses	0	(480)
Held-to-maturity securities, estimated fair value	247,144	178,707
Fannie Mae stock
Available-for-sale:
Available-for-sale, amortized cost	15	15
Available-for-sale, gross unrealized gains	0	0
Total, gross unrealized losses	(13)	(13)
Available-for-sale, estimated fair value	2	2
GSE issuance REMICs
Held-to-maturity:
Total held-to-maturity securities	895,011	434,587
Held-to-maturity, gross unrealized gains	14,624	1,255
Total, gross unrealized losses	(47)	(2,334)
Held-to-maturity securities, estimated fair value	909,588	433,508
Corporate Debt securities
Held-to-maturity:
Total held-to-maturity securities	80,000	60,000
Held-to-maturity, gross unrealized gains	436	0
Total, gross unrealized losses	(2,112)	(1,493)
Held-to-maturity securities, estimated fair value	78,324	58,507
Other
Held-to-maturity:
Total held-to-maturity securities	390	433
Held-to-maturity, gross unrealized gains	1	1
Total, gross unrealized losses	0	0
Held-to-maturity securities, estimated fair value	$ 391	$ 434

Securities (Estimated Fair Valu

Securities (Estimated Fair Values of Securities With Gross Unrealized Losses) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Available-for-sale:
Less than twelve months, estimated fair value	$ 112	$ 214,138
Less than twelve months, gross unrealized losses	(2)	(3,327)
Twelve months or longer, estimated fair value	23,086	47,506
Twelve months or longer, gross unrealized losses	(90)	(1,391)
Total, estimated fair value	23,198	261,644
Total, gross unrealized losses	(92)	(4,718)
Held-to-maturity:
Less than twelve months, estimated fair value	123,095	895,094
Less than twelve months, gross unrealized losses	(2,160)	(8,865)
Twelve months or longer, estimated fair value	227,732	396,576
Twelve months or longer, gross unrealized losses	(1,411)	(12,988)
Total, estimated fair value	350,827	1,291,670
Total, gross unrealized losses	(3,571)	(21,853)
GSE issuance REMICs and CMOs
Available-for-sale:
Less than twelve months, estimated fair value	0	189,364
Less than twelve months, gross unrealized losses	0	(2,934)
Twelve months or longer, estimated fair value	22,913	0
Twelve months or longer, gross unrealized losses	(75)	0
Total, estimated fair value	22,913	189,364
Total, gross unrealized losses	(75)	(2,934)
Held-to-maturity:
Less than twelve months, estimated fair value	9,800	395,659
Less than twelve months, gross unrealized losses	(1)	(3,972)
Twelve months or longer, estimated fair value	157,856	289,645
Twelve months or longer, gross unrealized losses	(1,130)	(10,156)
Total, estimated fair value	167,656	685,304
Total, gross unrealized losses	(1,131)	(14,128)
Non-GSE issuance REMICs and CMOs
Available-for-sale:
Less than twelve months, estimated fair value	38	75
Less than twelve months, gross unrealized losses	(1)	(2)
Twelve months or longer, estimated fair value	79	64
Twelve months or longer, gross unrealized losses	(1)	(5)
Total, estimated fair value	117	139
Total, gross unrealized losses	(2)	(7)
Held-to-maturity:
Less than twelve months, estimated fair value	0	0
Less than twelve months, gross unrealized losses	0	0
Twelve months or longer, estimated fair value	189	193
Twelve months or longer, gross unrealized losses	(7)	(5)
Total, estimated fair value	189	193
Total, gross unrealized losses	(7)	(5)
GSE pass-through certificates
Available-for-sale:
Less than twelve months, estimated fair value	74	97
Less than twelve months, gross unrealized losses	(1)	(1)
Twelve months or longer, estimated fair value	92	103
Twelve months or longer, gross unrealized losses	(1)	(1)
Total, estimated fair value	166	200
Total, gross unrealized losses	(2)	(2)
Held-to-maturity:
Less than twelve months, estimated fair value	0	56,503
Less than twelve months, gross unrealized losses	0	(586)
Twelve months or longer, estimated fair value	69,687	106,738
Twelve months or longer, gross unrealized losses	(274)	(2,827)
Total, estimated fair value	69,687	163,241
Total, gross unrealized losses	(274)	(3,413)
Obligations of GSEs
Available-for-sale:
Less than twelve months, estimated fair value		24,602
Less than twelve months, gross unrealized losses		(390)
Twelve months or longer, estimated fair value		47,337
Twelve months or longer, gross unrealized losses		(1,372)
Total, estimated fair value		71,939
Total, gross unrealized losses	0	(1,762)
Held-to-maturity:
Less than twelve months, estimated fair value		107,824
Less than twelve months, gross unrealized losses		(480)
Twelve months or longer, estimated fair value		0
Twelve months or longer, gross unrealized losses		0
Total, estimated fair value		107,824
Total, gross unrealized losses	0	(480)
GSE issuance REMICs
Held-to-maturity:
Less than twelve months, estimated fair value	45,407	276,601
Less than twelve months, gross unrealized losses	(47)	(2,334)
Twelve months or longer, estimated fair value	0	0
Twelve months or longer, gross unrealized losses	0	0
Total, estimated fair value	45,407	276,601
Total, gross unrealized losses	(47)	(2,334)
Fannie Mae stock
Available-for-sale:
Less than twelve months, estimated fair value	0	0
Less than twelve months, gross unrealized losses	0	0
Twelve months or longer, estimated fair value	2	2
Twelve months or longer, gross unrealized losses	(13)	(13)
Total, estimated fair value	2	2
Total, gross unrealized losses	(13)	(13)
Corporate Debt securities
Held-to-maturity:
Less than twelve months, estimated fair value	67,888	58,507
Less than twelve months, gross unrealized losses	(2,112)	(1,493)
Twelve months or longer, estimated fair value	0	0
Twelve months or longer, gross unrealized losses	0	0
Total, estimated fair value	67,888	58,507
Total, gross unrealized losses	$ (2,112)	$ (1,493)

Securities (Narrative) (Details

Securities (Narrative) (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)security	Jun. 30, 2015USD ($)	Jun. 30, 2016USD ($)security	Jun. 30, 2015USD ($)	Dec. 31, 2015USD ($)security
Investments, Debt and Equity Securities [Abstract]
Number of securities held with unrealized loss | security	55		55		129
Proceeds from sales of securities available-for-sale			$ 23,065	$ 19,026
Gain on sales of securities	$ 0	$ 72	86	$ 72
Securities
Available-for-sale, estimated fair value	356,347		356,347		$ 416,798
Held-to-maturity securities, amortized cost	2,677,930		2,677,930		2,296,799
Held-to-maturity securities, estimated fair value	2,716,702		2,716,702		2,286,092
Callable securities, amortized cost	251,300		251,300
Callable securities amortized cost, callable within one year and thereafter	234,900		234,900
Accrued interest receivable for securities	7,400		7,400		$ 7,400
Available-for-sale debt securities, excluding mortgage-backed securities
Securities
Available-for-sale debt securities, amortized cost	55,000		55,000
Available-for-sale, estimated fair value	55,000		55,000
Held-to-maturity debt securities, excluding mortgage-backed securities
Securities
Held-to-maturity securities, amortized cost	326,700		326,700
Held-to-maturity securities, estimated fair value	$ 325,900		$ 325,900

Loans Receivable and Allowanc38

Loans Receivable and Allowance for Loan Losses (Composition of Loans Receivable) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014
Loans receivable and allowance for loan losses disclosures
Total Past Due	$ 197,741		$ 199,875
Current	10,603,177		10,911,852
Total	10,800,918		11,111,727
Net unamortized premiums and deferred loan origination costs	38,411		41,354
Loans receivable	10,839,329		11,153,081
Allowance for loan losses	(90,000)	$ (94,200)	(98,000)	$ (107,500)	$ (110,500)	$ (111,600)
Loans receivable, net	10,749,329		11,055,081
Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	85,807		105,861
Current	10,562,338		10,867,982
Total	10,648,145		10,973,843
Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	111,934		94,014
Current	40,839		43,870
Total	152,773		137,884
Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	188,757		189,907
Current	10,354,732		10,669,127
Total	10,543,489		10,859,034
Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	82,598		103,001
Current	10,314,164		10,625,257
Total	10,396,762		10,728,258
Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	106,159		86,906
Current	40,568		43,870
Total	146,727		130,776
30-59 Days
Loans receivable and allowance for loan losses disclosures
Total Past Due	69,672		90,073
30-59 Days | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	66,364		81,851
30-59 Days | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	3,308		8,222
30-59 Days | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	67,004		87,715
30-59 Days | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	63,696		79,493
30-59 Days | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	3,308		8,222
60-89 Days
Loans receivable and allowance for loan losses disclosures
Total Past Due	21,340		25,848
60-89 Days | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	17,025		23,678
60-89 Days | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	4,315		2,170
60-89 Days | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	20,799		25,346
60-89 Days | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	16,484		23,176
60-89 Days | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	4,315		2,170
90 Days or More
Loans receivable and allowance for loan losses disclosures
Total Past Due	106,729		83,954
90 Days or More | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	2,418		332
90 Days or More | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	104,311		83,622
90 Days or More | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	100,954		76,846
90 Days or More | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	2,418		332
90 Days or More | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	98,536		76,514
Residential | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	175,087		179,639
Current	5,458,334		5,835,776
Total	5,633,421		6,015,415
Allowance for loan losses	(41,220)	(44,378)	(44,951)	(44,546)	(43,481)	(46,283)
Residential | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	73,705		97,335
Current	5,422,209		5,798,076
Total	5,495,914		5,895,411
Residential | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	101,382		82,304
Current	36,125		37,700
Total	137,507		120,004
Residential | Mortgage loans (gross) | Full documentation interest-only
Loans receivable and allowance for loan losses disclosures
Total Past Due	18,405		24,968
Current	318,765		407,320
Total	337,170		432,288
Residential | Mortgage loans (gross) | Full documentation interest-only | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	5,453		12,427
Current	313,953		401,486
Total	319,406		413,913
Residential | Mortgage loans (gross) | Full documentation interest-only | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	12,952		12,541
Current	4,812		5,834
Total	17,764		18,375
Residential | Mortgage loans (gross) | Full documentation amortizing
Loans receivable and allowance for loan losses disclosures
Total Past Due	84,811		87,546
Current	4,403,562		4,610,420
Total	4,488,373		4,697,966
Residential | Mortgage loans (gross) | Full documentation amortizing | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	41,396		50,829
Current	4,392,925		4,602,940
Total	4,434,321		4,653,769
Residential | Mortgage loans (gross) | Full documentation amortizing | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	43,415		36,717
Current	10,637		7,480
Total	54,052		44,197
Residential | Mortgage loans (gross) | Reduced documentation interest-only
Loans receivable and allowance for loan losses disclosures
Total Past Due	20,078		25,696
Current	162,186		277,535
Total	182,264		303,231
Residential | Mortgage loans (gross) | Reduced documentation interest-only | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	6,154		9,575
Current	156,689		266,084
Total	162,843		275,659
Residential | Mortgage loans (gross) | Reduced documentation interest-only | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	13,924		16,121
Current	5,497		11,451
Total	19,421		27,572
Residential | Mortgage loans (gross) | Reduced documentation amortizing
Loans receivable and allowance for loan losses disclosures
Total Past Due	51,793		41,429
Current	573,821		540,501
Total	625,614		581,930
Residential | Mortgage loans (gross) | Reduced documentation amortizing | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	20,702		24,504
Current	558,642		527,566
Total	579,344		552,070
Residential | Mortgage loans (gross) | Reduced documentation amortizing | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	31,091		16,925
Current	15,179		12,935
Total	46,270		29,860
Residential | 30-59 Days | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	61,596		84,841
Residential | 30-59 Days | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	59,011		77,585
Residential | 30-59 Days | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	2,585		7,256
Residential | 30-59 Days | Mortgage loans (gross) | Full documentation interest-only
Loans receivable and allowance for loan losses disclosures
Total Past Due	4,510		11,227
Residential | 30-59 Days | Mortgage loans (gross) | Full documentation interest-only | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	4,510		10,045
Residential | 30-59 Days | Mortgage loans (gross) | Full documentation interest-only | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		1,182
Residential | 30-59 Days | Mortgage loans (gross) | Full documentation amortizing
Loans receivable and allowance for loan losses disclosures
Total Past Due	35,578		43,730
Residential | 30-59 Days | Mortgage loans (gross) | Full documentation amortizing | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	34,084		40,151
Residential | 30-59 Days | Mortgage loans (gross) | Full documentation amortizing | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	1,494		3,579
Residential | 30-59 Days | Mortgage loans (gross) | Reduced documentation interest-only
Loans receivable and allowance for loan losses disclosures
Total Past Due	5,729		7,511
Residential | 30-59 Days | Mortgage loans (gross) | Reduced documentation interest-only | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	5,150		7,254
Residential | 30-59 Days | Mortgage loans (gross) | Reduced documentation interest-only | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	579		257
Residential | 30-59 Days | Mortgage loans (gross) | Reduced documentation amortizing
Loans receivable and allowance for loan losses disclosures
Total Past Due	15,779		22,373
Residential | 30-59 Days | Mortgage loans (gross) | Reduced documentation amortizing | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	15,267		20,135
Residential | 30-59 Days | Mortgage loans (gross) | Reduced documentation amortizing | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	512		2,238
Residential | 60-89 Days | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	17,392		20,965
Residential | 60-89 Days | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	14,694		19,418
Residential | 60-89 Days | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	2,698		1,547
Residential | 60-89 Days | Mortgage loans (gross) | Full documentation interest-only
Loans receivable and allowance for loan losses disclosures
Total Past Due	943		2,382
Residential | 60-89 Days | Mortgage loans (gross) | Full documentation interest-only | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	943		2,382
Residential | 60-89 Days | Mortgage loans (gross) | Full documentation interest-only | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		0
Residential | 60-89 Days | Mortgage loans (gross) | Full documentation amortizing
Loans receivable and allowance for loan losses disclosures
Total Past Due	8,198		10,949
Residential | 60-89 Days | Mortgage loans (gross) | Full documentation amortizing | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	7,312		10,346
Residential | 60-89 Days | Mortgage loans (gross) | Full documentation amortizing | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	886		603
Residential | 60-89 Days | Mortgage loans (gross) | Reduced documentation interest-only
Loans receivable and allowance for loan losses disclosures
Total Past Due	1,369		2,900
Residential | 60-89 Days | Mortgage loans (gross) | Reduced documentation interest-only | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	1,004		2,321
Residential | 60-89 Days | Mortgage loans (gross) | Reduced documentation interest-only | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	365		579
Residential | 60-89 Days | Mortgage loans (gross) | Reduced documentation amortizing
Loans receivable and allowance for loan losses disclosures
Total Past Due	6,882		4,734
Residential | 60-89 Days | Mortgage loans (gross) | Reduced documentation amortizing | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	5,435		4,369
Residential | 60-89 Days | Mortgage loans (gross) | Reduced documentation amortizing | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	1,447		365
Residential | 90 Days or More | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	96,099		73,833
Residential | 90 Days or More | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		332
Residential | 90 Days or More | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	96,099		73,501
Residential | 90 Days or More | Mortgage loans (gross) | Full documentation interest-only
Loans receivable and allowance for loan losses disclosures
Total Past Due	12,952		11,359
Residential | 90 Days or More | Mortgage loans (gross) | Full documentation interest-only | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		0
Residential | 90 Days or More | Mortgage loans (gross) | Full documentation interest-only | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	12,952		11,359
Residential | 90 Days or More | Mortgage loans (gross) | Full documentation amortizing
Loans receivable and allowance for loan losses disclosures
Total Past Due	41,035		32,867
Residential | 90 Days or More | Mortgage loans (gross) | Full documentation amortizing | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		332
Residential | 90 Days or More | Mortgage loans (gross) | Full documentation amortizing | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	41,035		32,535
Residential | 90 Days or More | Mortgage loans (gross) | Reduced documentation interest-only
Loans receivable and allowance for loan losses disclosures
Total Past Due	12,980		15,285
Residential | 90 Days or More | Mortgage loans (gross) | Reduced documentation interest-only | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		0
Residential | 90 Days or More | Mortgage loans (gross) | Reduced documentation interest-only | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	12,980		15,285
Residential | 90 Days or More | Mortgage loans (gross) | Reduced documentation amortizing
Loans receivable and allowance for loan losses disclosures
Total Past Due	29,132		14,322
Residential | 90 Days or More | Mortgage loans (gross) | Reduced documentation amortizing | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		0
Residential | 90 Days or More | Mortgage loans (gross) | Reduced documentation amortizing | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	29,132		14,322
Multi-Family | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	9,737		7,520
Current	4,110,307		4,016,585
Total	4,120,044		4,024,105
Allowance for loan losses	(32,131)	(33,020)	(35,544)	(38,794)	(40,082)	(39,250)
Multi-Family | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	5,356		3,731
Current	4,107,115		4,013,541
Total	4,112,471		4,017,272
Multi-Family | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	4,381		3,789
Current	3,192		3,044
Total	7,573		6,833
Multi-Family | 30-59 Days | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	4,997		2,387
Multi-Family | 30-59 Days | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	4,504		1,662
Multi-Family | 30-59 Days | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	493		725
Multi-Family | 60-89 Days | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	1,587		2,692
Multi-Family | 60-89 Days | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	136		2,069
Multi-Family | 60-89 Days | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	1,451		623
Multi-Family | 90 Days or More | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	3,153		2,441
Multi-Family | 90 Days or More | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	716		0
Multi-Family | 90 Days or More | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	2,437		2,441
Commercial Real Estate | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	3,933		2,748
Current	786,091		816,766
Total	790,024		819,514
Allowance for loan losses	(9,709)	(10,368)	(11,217)	(15,390)	(17,118)	(17,242)
Commercial Real Estate | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	3,537		1,935
Current	784,840		813,640
Total	788,377		815,575
Commercial Real Estate | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	396		813
Current	1,251		3,126
Total	1,647		3,939
Commercial Real Estate | 30-59 Days | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	411		487
Commercial Real Estate | 30-59 Days | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	181		246
Commercial Real Estate | 30-59 Days | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	230		241
Commercial Real Estate | 60-89 Days | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	1,820		1,689
Commercial Real Estate | 60-89 Days | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	1,654		1,689
Commercial Real Estate | 60-89 Days | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	166		0
Commercial Real Estate | 90 Days or More | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	1,702		572
Commercial Real Estate | 90 Days or More | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	1,702		0
Commercial Real Estate | 90 Days or More | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		572
Consumer and Other Loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	8,984		9,968
Current	248,445		242,725
Total	257,429		252,693
Allowance for loan losses	(6,940)	$ (6,434)	(6,288)	$ (8,770)	$ (9,819)	$ (8,825)
Consumer and Other Loans | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	3,209		2,860
Current	248,174		242,725
Total	251,383		245,585
Consumer and Other Loans | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	5,775		7,108
Current	271		0
Total	6,046		7,108
Consumer and Other Loans | Home equity and other consumer
Loans receivable and allowance for loan losses disclosures
Total Past Due	8,493		9,265
Current	140,887		151,554
Total	149,380		160,819
Consumer and Other Loans | Home equity and other consumer | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	3,209		2,860
Current	140,616		151,554
Total	143,825		154,414
Consumer and Other Loans | Home equity and other consumer | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	5,284		6,405
Current	271		0
Total	5,555		6,405
Consumer and Other Loans | Commercial and industrial
Loans receivable and allowance for loan losses disclosures
Total Past Due	491		703
Current	107,558		91,171
Total	108,049		91,874
Consumer and Other Loans | Commercial and industrial | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		0
Current	107,558		91,171
Total	107,558		91,171
Consumer and Other Loans | Commercial and industrial | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	491		703
Current	0		0
Total	491		703
Consumer and Other Loans | 30-59 Days
Loans receivable and allowance for loan losses disclosures
Total Past Due	2,668		2,358
Consumer and Other Loans | 30-59 Days | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	2,668		2,358
Consumer and Other Loans | 30-59 Days | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		0
Consumer and Other Loans | 30-59 Days | Home equity and other consumer
Loans receivable and allowance for loan losses disclosures
Total Past Due	2,668		2,358
Consumer and Other Loans | 30-59 Days | Home equity and other consumer | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	2,668		2,358
Consumer and Other Loans | 30-59 Days | Home equity and other consumer | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		0
Consumer and Other Loans | 30-59 Days | Commercial and industrial
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		0
Consumer and Other Loans | 30-59 Days | Commercial and industrial | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		0
Consumer and Other Loans | 30-59 Days | Commercial and industrial | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		0
Consumer and Other Loans | 60-89 Days
Loans receivable and allowance for loan losses disclosures
Total Past Due	541		502
Consumer and Other Loans | 60-89 Days | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	541		502
Consumer and Other Loans | 60-89 Days | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		0
Consumer and Other Loans | 60-89 Days | Home equity and other consumer
Loans receivable and allowance for loan losses disclosures
Total Past Due	541		502
Consumer and Other Loans | 60-89 Days | Home equity and other consumer | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	541		502
Consumer and Other Loans | 60-89 Days | Home equity and other consumer | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		0
Consumer and Other Loans | 60-89 Days | Commercial and industrial
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		0
Consumer and Other Loans | 60-89 Days | Commercial and industrial | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		0
Consumer and Other Loans | 60-89 Days | Commercial and industrial | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		0
Consumer and Other Loans | 90 Days or More
Loans receivable and allowance for loan losses disclosures
Total Past Due	5,775		7,108
Consumer and Other Loans | 90 Days or More | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		0
Consumer and Other Loans | 90 Days or More | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	5,775		7,108
Consumer and Other Loans | 90 Days or More | Home equity and other consumer
Loans receivable and allowance for loan losses disclosures
Total Past Due	5,284		6,405
Consumer and Other Loans | 90 Days or More | Home equity and other consumer | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		0
Consumer and Other Loans | 90 Days or More | Home equity and other consumer | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	5,284		6,405
Consumer and Other Loans | 90 Days or More | Commercial and industrial
Loans receivable and allowance for loan losses disclosures
Total Past Due	491		703
Consumer and Other Loans | 90 Days or More | Commercial and industrial | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	$ 0		$ 0

Loans Receivable and Allowanc39

Loans Receivable and Allowance for Loan Losses (Narrative) (Details) $ in Millions	6 Months Ended
	Jun. 30, 2016USD ($)
Receivables [Abstract]
Length of period one over which the historical loss experience is analyzed	12 months
Length of period two over which the historical loss experience is analyzed	15 months
Length of period three over which the historical loss experience is analyzed	18 months
Length of period four over which the historical loss experience is analyzed	24 months
Minimum length of period over which the historical loss experience is analyzed for a particular loan type that may not have sufficient loss history	2 years
Extended prior period over which loss experience factors are evaluated to consider trends for the majority of loan portfolio	3 years
Loans, in foreclosure	$ 67.1

Loans Receivable and Allowanc40

Loans Receivable and Allowance for Loan Losses (Allowance for Loan Losses) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Allowance for Loan and Lease Losses [Roll Forward]
Balance at the beginning of the period	$ 94,200	$ 110,500	$ 98,000	$ 111,600
Provision (credited) charged to operations	(3,006)	(2,967)	(6,133)	(3,310)
Charge-offs	(2,083)	(1,791)	(4,823)	(4,281)
Recoveries	889	1,758	2,956	3,491
Balance at the end of the period	90,000	107,500	90,000	107,500
Consumer and Other Loans
Allowance for Loan and Lease Losses [Roll Forward]
Balance at the beginning of the period	6,434	9,819	6,288	8,825
Provision (credited) charged to operations	518	(1,073)	1,359	161
Charge-offs	(95)	(86)	(860)	(435)
Recoveries	83	110	153	219
Balance at the end of the period	6,940	8,770	6,940	8,770
Mortgage Loans | Residential
Allowance for Loan and Lease Losses [Roll Forward]
Balance at the beginning of the period	44,378	43,481	44,951	46,283
Provision (credited) charged to operations	(1,658)	1,497	(1,520)	(354)
Charge-offs	(1,826)	(1,602)	(3,491)	(3,359)
Recoveries	326	1,170	1,280	1,976
Balance at the end of the period	41,220	44,546	41,220	44,546
Mortgage Loans | Multi-Family
Allowance for Loan and Lease Losses [Roll Forward]
Balance at the beginning of the period	33,020	40,082	35,544	39,250
Provision (credited) charged to operations	(1,270)	(1,663)	(4,527)	(1,407)
Charge-offs	(99)	(103)	(409)	(345)
Recoveries	480	478	1,523	1,296
Balance at the end of the period	32,131	38,794	32,131	38,794
Mortgage Loans | Commercial Real Estate
Allowance for Loan and Lease Losses [Roll Forward]
Balance at the beginning of the period	10,368	17,118	11,217	17,242
Provision (credited) charged to operations	(596)	(1,728)	(1,445)	(1,710)
Charge-offs	(63)	0	(63)	(142)
Recoveries	0	0	0	0
Balance at the end of the period	$ 9,709	$ 15,390	$ 9,709	$ 15,390

Loans Receivable and Allowanc41

Loans Receivable and Allowance for Loan Losses (Residential Interest-Only Mortgage Loans, Amortization Period) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Amortization scheduled to begin in:
Total	$ 10,800,918	$ 11,111,727
Residential Mortgage Loans | Interest-only loans
Amortization scheduled to begin in:
12 months or less	322,891
13 to 24 months	162,300
25 to 36 months	16,391
Over 36 months	17,852
Total	$ 519,434

Loans Receivable and Allowanc42

Loans Receivable and Allowance for Loan Losses (Residential Mortgage, Consumer and Other Loans, by Class and Credit Quality Indicator) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment
Total	$ 10,800,918	$ 11,111,727
Consumer and Other Loans
Financing Receivable, Recorded Investment
Total	257,429	252,693
Consumer and Other Loans | Home Equity and Other Consumer
Financing Receivable, Recorded Investment
Total	149,380	160,819
Consumer and Other Loans | Commercial and Industrial
Financing Receivable, Recorded Investment
Total	108,049	91,874
Mortgage Loans
Financing Receivable, Recorded Investment
Total	10,543,489	10,859,034
Mortgage Loans | Residential Mortgage Loans
Financing Receivable, Recorded Investment
Total	5,633,421	6,015,415
Mortgage Loans | Residential Mortgage Loans | Full Documentation Interest-Only
Financing Receivable, Recorded Investment
Total	337,170	432,288
Mortgage Loans | Residential Mortgage Loans | Full Documentation Amortizing
Financing Receivable, Recorded Investment
Total	4,488,373	4,697,966
Mortgage Loans | Residential Mortgage Loans | Reduced Documentation Interest-Only
Financing Receivable, Recorded Investment
Total	182,264	303,231
Mortgage Loans | Residential Mortgage Loans | Reduced Documentation Amortizing
Financing Receivable, Recorded Investment
Total	625,614	581,930
Performing | Consumer and Other Loans | Home Equity and Other Consumer
Financing Receivable, Recorded Investment
Total	143,825	154,414
Performing | Consumer and Other Loans | Commercial and Industrial
Financing Receivable, Recorded Investment
Total	107,558	91,171
Performing | Mortgage Loans | Residential Mortgage Loans | Full Documentation Interest-Only
Financing Receivable, Recorded Investment
Total	319,406	413,913
Performing | Mortgage Loans | Residential Mortgage Loans | Full Documentation Amortizing
Financing Receivable, Recorded Investment
Total	4,434,321	4,653,437
Performing | Mortgage Loans | Residential Mortgage Loans | Reduced Documentation Interest-Only
Financing Receivable, Recorded Investment
Total	162,843	275,659
Performing | Mortgage Loans | Residential Mortgage Loans | Reduced Documentation Amortizing
Financing Receivable, Recorded Investment
Total	579,344	552,070
Non-performing | Consumer and Other Loans | Home Equity and Other Consumer | Current or past due less than 90 days
Financing Receivable, Recorded Investment
Total	271	0
Non-performing | Consumer and Other Loans | Home Equity and Other Consumer | Past due 90 days or more
Financing Receivable, Recorded Investment
Total	5,284	6,405
Non-performing | Consumer and Other Loans | Commercial and Industrial | Current or past due less than 90 days
Financing Receivable, Recorded Investment
Total	0	0
Non-performing | Consumer and Other Loans | Commercial and Industrial | Past due 90 days or more
Financing Receivable, Recorded Investment
Total	491	703
Non-performing | Mortgage Loans | Residential Mortgage Loans | Full Documentation Interest-Only | Current or past due less than 90 days
Financing Receivable, Recorded Investment
Total	4,812	7,016
Non-performing | Mortgage Loans | Residential Mortgage Loans | Full Documentation Interest-Only | Past due 90 days or more
Financing Receivable, Recorded Investment
Total	12,952	11,359
Non-performing | Mortgage Loans | Residential Mortgage Loans | Full Documentation Amortizing | Current or past due less than 90 days
Financing Receivable, Recorded Investment
Total	13,017	11,662
Non-performing | Mortgage Loans | Residential Mortgage Loans | Full Documentation Amortizing | Past due 90 days or more
Financing Receivable, Recorded Investment
Total	41,035	32,867
Non-performing | Mortgage Loans | Residential Mortgage Loans | Reduced Documentation Interest-Only | Current or past due less than 90 days
Financing Receivable, Recorded Investment
Total	6,441	12,287
Non-performing | Mortgage Loans | Residential Mortgage Loans | Reduced Documentation Interest-Only | Past due 90 days or more
Financing Receivable, Recorded Investment
Total	12,980	15,285
Non-performing | Mortgage Loans | Residential Mortgage Loans | Reduced Documentation Amortizing | Current or past due less than 90 days
Financing Receivable, Recorded Investment
Total	17,138	15,538
Non-performing | Mortgage Loans | Residential Mortgage Loans | Reduced Documentation Amortizing | Past due 90 days or more
Financing Receivable, Recorded Investment
Total	$ 29,132	$ 14,322

Loans Receivable and Allowanc43

Loans Receivable and Allowance for Loan Losses (Multi-Family and Commercial Real Estate Loans, by Credit Quality Indicator) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment
Total	$ 10,800,918	$ 11,111,727
Mortgage Loans
Financing Receivable, Recorded Investment
Total	10,543,489	10,859,034
Mortgage Loans | Multi-Family
Financing Receivable, Recorded Investment
Total	4,120,044	4,024,105
Mortgage Loans | Multi-Family | Not criticized
Financing Receivable, Recorded Investment
Total	4,074,281	3,981,050
Mortgage Loans | Multi-Family | Special mention
Financing Receivable, Recorded Investment
Total	21,342	14,931
Mortgage Loans | Multi-Family | Substandard
Financing Receivable, Recorded Investment
Total	24,421	28,124
Mortgage Loans | Multi-Family | Doubtful
Financing Receivable, Recorded Investment
Total	0	0
Mortgage Loans | Commercial Real Estate
Financing Receivable, Recorded Investment
Total	790,024	819,514
Mortgage Loans | Commercial Real Estate | Not criticized
Financing Receivable, Recorded Investment
Total	748,936	769,029
Mortgage Loans | Commercial Real Estate | Special mention
Financing Receivable, Recorded Investment
Total	14,255	20,441
Mortgage Loans | Commercial Real Estate | Substandard
Financing Receivable, Recorded Investment
Total	26,833	30,044
Mortgage Loans | Commercial Real Estate | Doubtful
Financing Receivable, Recorded Investment
Total	$ 0	$ 0

Loans Receivable and Allowanc44

Loans Receivable and Allowance for Loan Losses (Loans Receivable and Related Allowance by Impairment Methodology) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014
Loans:
Individually evaluated for impairment	$ 229,459		$ 237,518
Collectively evaluated for impairment	10,571,459		10,874,209
Total	10,800,918		11,111,727
Allowance for loan losses:
Individually evaluated for impairment	12,604		14,813
Collectively evaluated for impairment	77,396		83,187
Total allowance for loan losses	90,000	$ 94,200	98,000	$ 107,500	$ 110,500	$ 111,600
Consumer and Other Loans
Loans:
Individually evaluated for impairment	4,438		4,968
Collectively evaluated for impairment	252,991		247,725
Total	257,429		252,693
Allowance for loan losses:
Individually evaluated for impairment	370		421
Collectively evaluated for impairment	6,570		5,867
Total allowance for loan losses	6,940	6,434	6,288	8,770	9,819	8,825
Mortgage Loans
Loans:
Total	10,543,489		10,859,034
Mortgage Loans | Residential
Loans:
Individually evaluated for impairment	199,584		192,914
Collectively evaluated for impairment	5,433,837		5,822,501
Total	5,633,421		6,015,415
Allowance for loan losses:
Individually evaluated for impairment	12,066		13,148
Collectively evaluated for impairment	29,154		31,803
Total allowance for loan losses	41,220	44,378	44,951	44,546	43,481	46,283
Mortgage Loans | Multi-Family
Loans:
Individually evaluated for impairment	13,500		24,643
Collectively evaluated for impairment	4,106,544		3,999,462
Total	4,120,044		4,024,105
Allowance for loan losses:
Individually evaluated for impairment	147		456
Collectively evaluated for impairment	31,984		35,088
Total allowance for loan losses	32,131	33,020	35,544	38,794	40,082	39,250
Mortgage Loans | Commercial Real Estate
Loans:
Individually evaluated for impairment	11,937		14,993
Collectively evaluated for impairment	778,087		804,521
Total	790,024		819,514
Allowance for loan losses:
Individually evaluated for impairment	21		788
Collectively evaluated for impairment	9,688		10,429
Total allowance for loan losses	$ 9,709	$ 10,368	$ 11,217	$ 15,390	$ 17,118	$ 17,242

Loans Receivable and Allowanc45

Loans Receivable and Allowance for Loan Losses (Impaired Loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
With an allowance recorded:
Related Allowance	$ (12,604)	$ (14,813)
Total impaired loans
Unpaid Principal Balance	262,187	271,192
Recorded Investment	229,459	237,518
Related Allowance	(12,604)	(14,813)
Net Investment	216,855	222,705
Home Equity Lines of Credit | Home Equity and Other Consumer
With an allowance recorded:
Unpaid Principal Balance	4,796	5,295
Recorded Investment	4,438	4,968
Related Allowance	(370)	(421)
Net Investment	4,068	4,547
Total impaired loans
Related Allowance	(370)	(421)
Mortgage Loans | Residential | Full documentation interest-only
With an allowance recorded:
Unpaid Principal Balance	31,384	37,454
Recorded Investment	25,196	30,631
Related Allowance	(3,127)	(4,051)
Net Investment	22,069	26,580
Total impaired loans
Related Allowance	(3,127)	(4,051)
Mortgage Loans | Residential | Full documentation amortizing
With an allowance recorded:
Unpaid Principal Balance	82,711	69,242
Recorded Investment	75,484	63,223
Related Allowance	(3,601)	(2,534)
Net Investment	71,883	60,689
Total impaired loans
Related Allowance	(3,601)	(2,534)
Mortgage Loans | Residential | Reduced documentation interest-only
With an allowance recorded:
Unpaid Principal Balance	39,060	55,939
Recorded Investment	31,990	46,540
Related Allowance	(2,459)	(4,253)
Net Investment	29,531	42,287
Total impaired loans
Related Allowance	(2,459)	(4,253)
Mortgage Loans | Residential | Reduced documentation amortizing
With an allowance recorded:
Unpaid Principal Balance	74,827	57,955
Recorded Investment	66,914	52,520
Related Allowance	(2,879)	(2,310)
Net Investment	64,035	50,210
Total impaired loans
Related Allowance	(2,879)	(2,310)
Mortgage Loans | Multi-Family
With an allowance recorded:
Unpaid Principal Balance	4,724	8,029
Recorded Investment	4,788	7,950
Related Allowance	(147)	(456)
Net Investment	4,641	7,494
Without an allowance recorded:
Unpaid Principal Balance	9,935	19,523
Recorded Investment	8,712	16,693
Net Investment	8,712	16,693
Total impaired loans
Related Allowance	(147)	(456)
Mortgage Loans | Commercial Real Estate
With an allowance recorded:
Unpaid Principal Balance	323	6,651
Recorded Investment	344	6,723
Related Allowance	(21)	(788)
Net Investment	323	5,935
Without an allowance recorded:
Unpaid Principal Balance	14,427	11,104
Recorded Investment	11,593	8,270
Net Investment	11,593	8,270
Total impaired loans
Related Allowance	$ (21)	$ (788)

Loans Receivable and Allowanc46

Loans Receivable and Allowance for Loan Losses (Average Recorded Investment, Interest Income Recognized and Cash Basis Interest Income on Impaired Loans) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Total impaired loans
Average Recorded Investment	$ 229,633	$ 245,047	$ 232,262	$ 246,176
Interest Income Recognized	1,921	2,317	3,867	4,525
Cash Basis Interest Income	1,955	2,318	3,933	4,598
Consumer and Other Loans | Home equity lines of credit
With an allowance recorded:
Average Recorded Investment	4,488	6,179	4,648	5,837
Interest Income Recognized	11	20	21	32
Cash Basis Interest Income	9	22	20	39
Mortgage Loans | Residential | Full documentation interest-only
With an allowance recorded:
Average Recorded Investment	26,744	42,150	28,040	43,544
Interest Income Recognized	154	295	290	608
Cash Basis Interest Income	154	291	302	614
Mortgage Loans | Residential | Full documentation amortizing
With an allowance recorded:
Average Recorded Investment	70,988	50,619	68,400	47,077
Interest Income Recognized	524	380	1,070	798
Cash Basis Interest Income	534	391	1,077	816
Mortgage Loans | Residential | Reduced documentation interest-only
With an allowance recorded:
Average Recorded Investment	35,843	74,210	39,409	75,126
Interest Income Recognized	300	840	622	1,528
Cash Basis Interest Income	300	821	615	1,527
Mortgage Loans | Residential | Reduced documentation amortizing
With an allowance recorded:
Average Recorded Investment	64,400	21,888	60,440	20,631
Interest Income Recognized	594	203	1,156	392
Cash Basis Interest Income	597	207	1,178	401
Mortgage Loans | Multi-Family
With an allowance recorded:
Average Recorded Investment	5,232	14,731	6,138	19,190
Interest Income Recognized	56	75	120	159
Cash Basis Interest Income	68	81	138	183
Without an allowance recorded:
Average Recorded Investment	9,385	17,014	11,821	16,177
Interest Income Recognized	113	138	243	534
Cash Basis Interest Income	121	138	254	534
Mortgage Loans | Commercial Real Estate
With an allowance recorded:
Average Recorded Investment	686	13,751	2,698	15,591
Interest Income Recognized	5	100	11	197
Cash Basis Interest Income	5	101	12	209
Without an allowance recorded:
Average Recorded Investment	11,867	4,505	10,668	3,003
Interest Income Recognized	164	266	334	277
Cash Basis Interest Income	$ 167	$ 266	$ 337	$ 275

Loans Receivable and Allowanc47

Loans Receivable and Allowance for Loan Losses (TDR Mortgage Loans Receivable) (Details) - Mortgage Loans $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)loan	Jun. 30, 2015USD ($)loan	Jun. 30, 2016USD ($)loan	Jun. 30, 2015USD ($)loan
Information about mortgage loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan	19	12	30	28
Pre- Modification Recorded Investment	$ 8,101	$ 3,005	$ 11,290	$ 11,688
Recorded investment	$ 8,041	$ 2,993	$ 11,202	$ 11,572
Residential Mortgage Loans | Full documentation interest-only
Information about mortgage loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan	3	4	7	8
Pre- Modification Recorded Investment	$ 1,947	$ 1,315	$ 2,836	$ 3,350
Recorded investment	$ 1,943	$ 1,309	$ 2,829	$ 3,340
Residential Mortgage Loans | Full documentation amortizing
Information about mortgage loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan	11	5	13	11
Pre- Modification Recorded Investment	$ 4,274	$ 1,142	$ 4,865	$ 3,201
Recorded investment	$ 4,264	$ 1,136	$ 4,852	$ 3,126
Residential Mortgage Loans | Reduced documentation interest-only
Information about mortgage loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan	1	1	3	5
Pre- Modification Recorded Investment	$ 498	$ 209	$ 1,212	$ 1,896
Recorded investment	$ 489	$ 209	$ 1,196	$ 1,903
Residential Mortgage Loans | Reduced documentation amortizing
Information about mortgage loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan	2	2	5	2
Pre- Modification Recorded Investment	$ 529	$ 339	$ 1,524	$ 339
Recorded investment	$ 526	$ 339	$ 1,506	$ 339
Multi-Family
Information about mortgage loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan	1	0	1	0
Pre- Modification Recorded Investment	$ 338	$ 0	$ 338	$ 0
Recorded investment	$ 332	$ 0	$ 332	$ 0
Commercial Real Estate
Information about mortgage loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan	1	0	1	2
Pre- Modification Recorded Investment	$ 515	$ 0	$ 515	$ 2,902
Recorded investment	$ 487	$ 0	$ 487	$ 2,864

Loans Receivable and Allowanc48

Loans Receivable and Allowance for Loan Losses (TDR Mortgage Loans, Subsequent Payment Default) (Details) - Mortgage Loans $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016USD ($)loan	Jun. 30, 2015USD ($)loan	Jun. 30, 2016USD ($)loan	Jun. 30, 2015USD ($)loan
Information about loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan	14	11	15	12
Recorded Investment | $	$ 3,824	$ 5,347	$ 4,399	$ 5,805
Residential Mortgage Loans | Full documentation interest-only
Information about loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan	3	4	3	4
Recorded Investment | $	$ 1,084	$ 1,957	$ 1,084	$ 1,957
Residential Mortgage Loans | Full documentation amortizing
Information about loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan	9	1	9	2
Recorded Investment | $	$ 2,345	$ 387	$ 2,345	$ 845
Residential Mortgage Loans | Reduced documentation interest-only
Information about loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan	2	4	3	4
Recorded Investment | $	$ 395	$ 1,967	$ 970	$ 1,967
Multi-Family
Information about loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan	0	2	0	2
Recorded Investment | $	$ 0	$ 1,036	$ 0	$ 1,036

Reverse Repurchase Agreements49

Reverse Repurchase Agreements (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Long-term Debt, Fiscal Year Maturity [Abstract]
Total	$ 1,100,000	$ 1,100,000
Secured Debt
Long-term Debt, Fiscal Year Maturity [Abstract]
2,018	200,000
2,019	600,000
2,020	300,000
Total	1,100,000
Callable 2,016	200,000
Callable 2,017	$ 100,000
Secured Debt | Residential mortgage-backed securities
Long-term Debt, Fiscal Year Maturity [Abstract]
Composition of collateral that can be resold or repledged, as percentage	85.00%
Secured Debt | Obligations of GSEs
Long-term Debt, Fiscal Year Maturity [Abstract]
Composition of collateral that can be resold or repledged, as percentage	15.00%

Earnings Per Common Share (Deta

Earnings Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Earnings Per Share [Abstract]
Net income	$ 18,336	$ 31,431	$ 36,901	$ 50,738
Preferred stock dividends	(2,194)	(2,194)	(4,388)	(4,388)
Net income available to common shareholders	16,142	29,237	32,513	46,350
Income allocated to participating securities	(160)	(295)	(296)	(394)
Net income allocated to common shareholders	$ 15,982	$ 28,942	$ 32,217	$ 45,956
Basic weighted average common shares outstanding	100,380,937	99,664,442	100,374,934	99,459,376
Dilutive effect of stock options and restricted stock units (in shares)	0	0	0	0
Diluted weighted average common shares outstanding	100,380,937	99,664,442	100,374,934	99,459,376
Basic EPS (in dollars per share)	$ 0.16	$ 0.29	$ 0.32	$ 0.46
Diluted EPS (in dollars per share)	$ 0.16	$ 0.29	$ 0.32	$ 0.46
Options
Antidilutive securities excluded from computation of earnings per share
Stock options excluded from computation of earnings per share (in shares)	6,000	12,000	6,495	16,334
Restricted stock units (RSUs)
Antidilutive securities excluded from computation of earnings per share
Stock options excluded from computation of earnings per share (in shares)	744,923	1,029,336	746,027	896,425

Other Comprehensive Income_Lo51

Other Comprehensive Income/Loss (Components of Accumulated Other Comprehensive Loss, Net of Related Tax Effects) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period			$ 1,663,448	$ 1,580,070
Other Comprehensive Income	$ 851	$ (2,347)	5,261	144
Balance at end of period	1,695,324	1,628,522	1,695,324	1,628,522
Net unrealized gain on securities available-for-sale
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	6,812	6,679	2,827	4,686
Other Comprehensive Income	507	(2,791)	4,492	(798)
Balance at end of period	7,319	3,888	7,319	3,888
Net actuarial loss on pension plans and other postretirement benefits
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(57,999)	(67,007)	(58,396)	(67,476)
Other Comprehensive Income	315	417	712	886
Balance at end of period	(57,684)	(66,590)	(57,684)	(66,590)
Prior service cost on pension plans and other postretirement benefits
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(3,020)	(3,132)	(3,048)	(3,161)
Other Comprehensive Income	29	27	57	56
Balance at end of period	(2,991)	(3,105)	(2,991)	(3,105)
Accumulated other comprehensive loss
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(54,207)	(63,460)	(58,617)	(65,951)
Other Comprehensive Income	851	(2,347)	5,261	144
Balance at end of period	$ (53,356)	$ (65,807)	$ (53,356)	$ (65,807)

Other Comprehensive Income_Lo52

Other Comprehensive Income/Loss (Components of Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Other Comprehensive Income (Loss), After Reclassification Adjustments [Abstract]
Before Tax Amount	$ 1,428	$ (3,786)	$ 8,830	$ 241
Income Tax Benefit (Expense)	(577)	1,439	(3,569)	(97)
After Tax Amount	851	(2,347)	5,261	144
Net unrealized gain on securities available-for-sale
Other Comprehensive Income (Loss), Before Reclassifications [Abstract]
Before Tax Amount	852	(4,491)	7,626	(1,268)
Income Tax Benefit (Expense)	(345)	1,743	(3,083)	513
After Tax Amount	507	(2,748)	4,543	(755)
Other Comprehensive Income (Loss), Reclassifications Adjustments [Abstract]
Before Tax Amount		(72)	(86)	(72)
Income Tax Benefit (Expense)		29	35	29
After Tax Amount		(43)	(51)	(43)
Other Comprehensive Income (Loss), After Reclassification Adjustments [Abstract]
Before Tax Amount		(4,563)	7,540	(1,340)
Income Tax Benefit (Expense)		1,772	(3,048)	542
After Tax Amount		(2,791)	4,492	(798)
Net actuarial loss on pension plans and other postretirement benefits
Other Comprehensive Income (Loss), Reclassifications Adjustments [Abstract]
Before Tax Amount	528	729	1,195	1,486
Income Tax Benefit (Expense)	(213)	(312)	(483)	(600)
After Tax Amount	315	417	712	886
Prior service cost on pension plans and other postretirement benefits
Other Comprehensive Income (Loss), Reclassifications Adjustments [Abstract]
Before Tax Amount	48	48	95	95
Income Tax Benefit (Expense)	(19)	(21)	(38)	(39)
After Tax Amount	$ 29	$ 27	$ 57	$ 56

Other Comprehensive Income_Lo53

Other Comprehensive Income/Loss (Amounts Reclassified From Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Amounts reclassified from accumulated other comprehensive loss to the consolidated statements of income
Gain on sales of securities	$ 0	$ 72	$ 86	$ 72
Compensation and benefits	(36,708)	(37,655)	(74,961)	(73,936)
Total reclassifications, before tax	27,959	31,583	56,217	60,468
Income tax expense	(9,623)	(152)	(19,316)	(9,730)
Net income	18,336	31,431	36,901	50,738
Amount Reclassified from Accumulated Other Comprehensive Loss
Amounts reclassified from accumulated other comprehensive loss to the consolidated statements of income
Total reclassifications, before tax	(576)	(705)	(1,204)	(1,509)
Income tax expense	232	304	486	610
Net income	(344)	(401)	(718)	(899)
Net unrealized gain (loss) on securities available-for-sale | Amount Reclassified from Accumulated Other Comprehensive Loss
Amounts reclassified from accumulated other comprehensive loss to the consolidated statements of income
Gain on sales of securities	0	72	86	72
Net actuarial loss on pension plans and other postretirement benefits | Amount Reclassified from Accumulated Other Comprehensive Loss
Amounts reclassified from accumulated other comprehensive loss to the consolidated statements of income
Compensation and benefits	(528)	(729)	(1,195)	(1,486)
Prior service cost on pension plans and other postretirement benefits | Amount Reclassified from Accumulated Other Comprehensive Loss
Amounts reclassified from accumulated other comprehensive loss to the consolidated statements of income
Compensation and benefits	$ (48)	$ (48)	$ (95)	$ (95)

Pension Plans and Other Postr54

Pension Plans and Other Postretirement Benefits (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015
Pension Benefits
Benefit Plans
Service cost	$ 0	$ 0	$ 0	$ 0
Interest cost	2,485	2,455	5,021	4,965
Expected return on plan assets	(3,058)	(3,634)	(6,116)	(7,267)
Recognized net actuarial loss (gain)	673	729	1,407	1,486
Amortization of prior service cost	48	48	95	95
Net periodic cost (benefit)	148	(402)	407	(721)
Other Postretirement Benefits
Benefit Plans
Service cost	460	596	932	1,065
Interest cost	234	226	497	502
Expected return on plan assets	0	0	0	0
Recognized net actuarial loss (gain)	(145)	0	(212)	0
Amortization of prior service cost	0	0	0	0
Net periodic cost (benefit)	$ 549	$ 822	$ 1,217	$ 1,567

Stock Incentive Plans (Narrativ

Stock Incentive Plans (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Stock Incentive Plans
Stock-based compensation expense, net of taxes	$ 314	$ 1,300	$ 1,300	$ 2,300
Stock-based compensation expense, taxes	$ 213	$ 1,000	$ 852	$ 1,600
Restricted common stock
Stock Incentive Plans
Granted (in shares)			685,872
Outstanding (in shares)	958,759		958,759		374,817
Restricted common stock | 2014 Employee Stock Plan
Stock Incentive Plans
Granted (in shares)			663,960
Outstanding (in shares)	661,290		661,290
Vesting percentage			33.34%
Restricted common stock | 2007 Non-Employee Directors Stock Plan
Stock Incentive Plans
Granted (in shares)			21,912
Restricted common stock | 2007 Non-Employee Directors Stock Plan | Shares Vesting in February 2018
Stock Incentive Plans
Vesting percentage			100.00%
Restricted common stock and restricted stock units
Stock Incentive Plans
Pre-tax compensation cost related to share-based compensation awards not yet recognized	$ 12,200		$ 12,200
Pre-tax compensation cost, weighted average recognition period			2 years 2 months
Performance-based restricted common stock and performance-based restricted stock units
Stock Incentive Plans
Pre-tax compensation cost related to non-vested performance-based stock awards and units	$ 5,900		$ 5,900
Performance-based restricted stock units
Stock Incentive Plans
Granted (in shares)			0
Outstanding (in shares)	744,000		744,000		751,500
Restricted shares or units for which compensation cost will be excluded until the achievement of the performance conditions become probable	471,050		471,050

Stock Incentive Plans (Summary

Stock Incentive Plans (Summary of Restricted Common Stock and Performance-Based Restricted Stock Unit Activity) (Details)	6 Months Ended
	Jun. 30, 2016$ / sharesshares
Restricted Common Stock
Number of Shares
Unvested at the beginning of the period (in shares) | shares	374,817
Granted (in shares) | shares	685,872
Vested (in shares) | shares	(30,350)
Forfeited (in shares) | shares	(6,580)
Expired (in shares) | shares	(65,000)
Unvested at the end of the period (in shares) | shares	958,759
Weighted Average Grant Date Fair Value
Unvested at the beginning of the period (in dollars per share) | $ / shares	$ 12.68
Granted (in dollars per share) | $ / shares	15.06
Vested (in dollars per share) | $ / shares	(9.72)
Forfeited (in dollars per share) | $ / shares	(13.81)
Expired (in dollars per share) | $ / shares	(13.23)
Unvested at the end of the period (in dollars per share) | $ / shares	$ 14.43
Restricted Stock Units
Number of Shares
Unvested at the beginning of the period (in shares) | shares	751,500
Granted (in shares) | shares	0
Vested (in shares) | shares	0
Forfeited (in shares) | shares	(7,500)
Expired (in shares) | shares	0
Unvested at the end of the period (in shares) | shares	744,000
Weighted Average Grant Date Fair Value
Unvested at the beginning of the period (in dollars per share) | $ / shares	$ 12.41
Granted (in dollars per share) | $ / shares	0
Vested (in dollars per share) | $ / shares	0
Forfeited (in dollars per share) | $ / shares	(12.43)
Expired (in dollars per share) | $ / shares	0
Unvested at the end of the period (in dollars per share) | $ / shares	$ 12.41

Investments in Affordable Hou57

Investments in Affordable Housing Limited Partnerships (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2016	Jun. 30, 2015	Dec. 31, 2015
Schedule of Equity Method Investments [Line Items]
Investments in affordable housing limited partnerships, installment period			3 years
Other Non-Interest Expense
Schedule of Equity Method Investments [Line Items]
Expense relating to investments in affordable housing limited partnerships	$ 353	$ 299	$ 705	$ 556
Income Tax Expense
Schedule of Equity Method Investments [Line Items]
Affordable housing tax credits and other tax benefits	483	$ 348	873	$ 706
Other Assets
Schedule of Equity Method Investments [Line Items]
Investment in affordable housing limited partnerships	16,500		16,500		$ 17,200
Other Liabilities
Schedule of Equity Method Investments [Line Items]
Obligations relating to investments in affordable housing limited partnerships	$ 12,800		$ 12,800		$ 12,900

Regulatory Matters (Regulatory

Regulatory Matters (Regulatory Capital Requirements) (Details) $ in Thousands	Jun. 30, 2016USD ($)
Astoria Financial Corporation
Amount
Tier 1 leverage	$ 1,550,012
Common equity tier 1 risk-based	1,425,940
Tier 1 risk-based	1,550,012
Total risk-based	$ 1,640,591
Ratio
Tier 1 leverage	10.462%
Common equity tier 1 risk-based	16.9334%
Tier 1 risk-based	18.40678%
Total risk-based	19.48243%
Amount
Tier 1 leverage	$ 592,626
Common equity tier 1 risk-based	378,939
Tier 1 risk-based	505,252
Total risk-based	$ 673,670
Ratio
Tier 1 leverage	4.00%
Common equity tier 1 risk-based	4.50%
Tier 1 risk-based	6.00%
Total risk-based	8.00%
Amount
Common equity tier 1 risk-based	$ 431,570
Tier 1 risk-based	557,883
Total risk-based	$ 726,300
Ratio
Common equity tier 1 risk-based	5.125%
Tier 1 risk-based	6.625%
Total risk-based	8.625%
Amount
Tier 1 leverage	$ 740,782
Common equity tier 1 risk-based	547,357
Tier 1 risk-based	673,670
Total risk-based	$ 842,087
Ratio
Tier 1 leverage	5.00%
Common equity tier 1 risk-based	6.50%
Tier 1 risk-based	8.00%
Total risk-based	10.00%
Astoria Bank
Amount
Tier 1 leverage	$ 1,698,440
Common equity tier 1 risk-based	1,698,440
Tier 1 risk-based	1,698,440
Total risk-based	$ 1,789,019
Ratio
Tier 1 leverage	11.53942%
Common equity tier 1 risk-based	20.2177%
Tier 1 risk-based	20.2177%
Total risk-based	21.29592%
Amount
Tier 1 leverage	$ 588,743
Common equity tier 1 risk-based	378,034
Tier 1 risk-based	504,046
Total risk-based	$ 672,061
Ratio
Tier 1 leverage	4.00%
Common equity tier 1 risk-based	4.50%
Tier 1 risk-based	6.00%
Total risk-based	8.00%
Amount
Common equity tier 1 risk-based	$ 430,539
Tier 1 risk-based	556,550
Total risk-based	$ 724,565
Ratio
Common equity tier 1 risk-based	5.125%
Tier 1 risk-based	6.625%
Total risk-based	8.625%
Amount
Tier 1 leverage	$ 735,929
Common equity tier 1 risk-based	546,049
Tier 1 risk-based	672,061
Total risk-based	$ 840,076
Ratio
Tier 1 leverage	5.00%
Common equity tier 1 risk-based	6.50%
Tier 1 risk-based	8.00%
Total risk-based	10.00%

Fair Value Measurements (Carryi

Fair Value Measurements (Carrying Values of Assets Measured at Estimated Fair Value on a Recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Fair Value of Financial Instruments
Total securities available-for-sale	$ 356,347	$ 416,798
Total residential mortgage-backed securities
Fair Value of Financial Instruments
Total securities available-for-sale	301,296	344,857
GSE issuance REMICs and CMOs
Fair Value of Financial Instruments
Total securities available-for-sale	288,812	330,539
Non-GSE issuance REMICs and CMOs
Fair Value of Financial Instruments
Total securities available-for-sale	2,217	3,054
GSE pass-through certificates
Fair Value of Financial Instruments
Total securities available-for-sale	10,267	11,264
Obligations of GSEs
Fair Value of Financial Instruments
Total securities available-for-sale	55,049	71,939
Fannie Mae stock
Fair Value of Financial Instruments
Total securities available-for-sale	2	2
Recurring basis
Fair Value of Financial Instruments
Total securities available-for-sale	356,347	416,798
Recurring basis | GSE issuance REMICs and CMOs
Fair Value of Financial Instruments
Total securities available-for-sale	288,812	330,539
Recurring basis | Non-GSE issuance REMICs and CMOs
Fair Value of Financial Instruments
Total securities available-for-sale	2,217	3,054
Recurring basis | GSE pass-through certificates
Fair Value of Financial Instruments
Total securities available-for-sale	10,267	11,264
Recurring basis | Obligations of GSEs
Fair Value of Financial Instruments
Total securities available-for-sale	55,049	71,939
Recurring basis | Fannie Mae stock
Fair Value of Financial Instruments
Total securities available-for-sale	2	2
Recurring basis | Level 1
Fair Value of Financial Instruments
Total securities available-for-sale	2	2
Recurring basis | Level 1 | GSE issuance REMICs and CMOs
Fair Value of Financial Instruments
Total securities available-for-sale	0	0
Recurring basis | Level 1 | Non-GSE issuance REMICs and CMOs
Fair Value of Financial Instruments
Total securities available-for-sale	0	0
Recurring basis | Level 1 | GSE pass-through certificates
Fair Value of Financial Instruments
Total securities available-for-sale	0	0
Recurring basis | Level 1 | Obligations of GSEs
Fair Value of Financial Instruments
Total securities available-for-sale	0	0
Recurring basis | Level 1 | Fannie Mae stock
Fair Value of Financial Instruments
Total securities available-for-sale	2	2
Recurring basis | Level 2
Fair Value of Financial Instruments
Total securities available-for-sale	356,345	416,796
Recurring basis | Level 2 | GSE issuance REMICs and CMOs
Fair Value of Financial Instruments
Total securities available-for-sale	288,812	330,539
Recurring basis | Level 2 | Non-GSE issuance REMICs and CMOs
Fair Value of Financial Instruments
Total securities available-for-sale	2,217	3,054
Recurring basis | Level 2 | GSE pass-through certificates
Fair Value of Financial Instruments
Total securities available-for-sale	10,267	11,264
Recurring basis | Level 2 | Obligations of GSEs
Fair Value of Financial Instruments
Total securities available-for-sale	55,049	71,939
Recurring basis | Level 2 | Fannie Mae stock
Fair Value of Financial Instruments
Total securities available-for-sale	$ 0	$ 0

Fair Value Measurements (Narrat

Fair Value Measurements (Narrative) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2016	Dec. 31, 2015
Valuation methodologies used for assets measured at fair value
Percentage of non performing loans held for sale, multi-family mortgage	62.00%	80.00%
Percentage of non performing loans held for sale, residential mortgage loans	38.00%	20.00%
Real estate owned, net	$ 14,940	$ 19,798
Weighted average
Valuation methodologies used for assets measured at fair value
Assumption to estimate fair value of servicing asset, weighted average discount rate (as a percent)	9.96%	9.97%
Assumption to estimate fair value of servicing asset, weighted average constant prepayment rate (as a percent)	12.69%	10.47%
Assumption to estimate fair value of servicing asset, weighted average life	5 years 3 months 18 days	6 years 1 month 6 days
Residential Mortgage Loans
Valuation methodologies used for assets measured at fair value
Percentage of impaired loans	87.00%	81.00%
Percentage of impaired loans for which fair value adjustment is recognized	88.00%	80.00%
Period after which loans are individually evaluated for impairment	180 days
Period past due when loan servicer performs property inspections	45 days
Multi Family and Commercial Real Estate
Valuation methodologies used for assets measured at fair value
Percentage of impaired loans	11.00%	17.00%
Percentage of impaired loans for which fair value adjustment is recognized	11.00%	19.00%
Home equity lines of credit
Valuation methodologies used for assets measured at fair value
Percentage of impaired loans	2.00%	2.00%
Percentage of impaired loans for which fair value adjustment is recognized	1.00%	1.00%
Period after which loans are individually evaluated for impairment	90 days
Residential Properties
Valuation methodologies used for assets measured at fair value
Real estate owned, net		$ 17,800
Recurring basis | Residential mortgage-backed securities
Valuation methodologies used for assets measured at fair value
Percentage of debt securities comprising available for sale securities portfolio	85.00%	83.00%
Percentage available for sale residential mortgage backed securities which are GSE securities	99.00%	99.00%
Recurring basis | Obligations of GSEs
Valuation methodologies used for assets measured at fair value
Percentage of debt securities comprising available for sale securities portfolio	15.00%	17.00%

Fair Value Measurements (Carr61

Fair Value Measurements (Carrying Values of Assets Measured at Fair Value on a Non-Recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Carrying Value
Impaired loans	$ 229,459	$ 237,518
MSR, net	8,881	11,014
REO, net	14,940	19,798
Carrying Value
Carrying Value
Non-performing loans held-for-sale, net	6,843	8,960
MSR, net	8,881	11,014
Measured on a non-recurring basis | Level 3 | Carrying Value
Carrying Value
Non-performing loans held-for-sale, net	673	1,582
Impaired loans	126,192	134,910
MSR, net	8,881	11,014
REO, net	12,434	16,307
Total	$ 148,180	$ 163,813

Fair Value Measurements (Losses

Fair Value Measurements (Losses Recognized on Assets Measured at Fair Value on a Non-Recurring Basis) (Details) - Measured on a non-recurring basis - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2016	Jun. 30, 2015
Fair Value of Financial Instruments
Gains (losses) recognized on assets measured at fair value on a non-recurring basis	$ (5,597)	$ (2,886)
Non-performing loans held-for-sale, net
Fair Value of Financial Instruments
Gains (losses) recognized on assets measured at fair value on a non-recurring basis	(167)	0
Impaired loans
Fair Value of Financial Instruments
Gains (losses) recognized on assets measured at fair value on a non-recurring basis	(3,019)	(3,442)
MSR, net
Fair Value of Financial Instruments
Gains (losses) recognized on assets measured at fair value on a non-recurring basis	(1,622)	616
REO, net
Fair Value of Financial Instruments
Gains (losses) recognized on assets measured at fair value on a non-recurring basis	$ (789)	$ (60)

Fair Value Measurements (Carr63

Fair Value Measurements (Carrying Values and Estimated Fair Values of Financial Instruments) (Details) - USD ($) $ in Thousands	Jun. 30, 2016	Dec. 31, 2015
Financial Assets:
Securities held-to-maturity	$ 2,677,930	$ 2,296,799
FHLB-NY stock	137,909	131,137
MSR, net	8,881	11,014
Carrying Value
Financial Assets:
Securities held-to-maturity	2,677,930	2,296,799
FHLB-NY stock	137,909	131,137
Loans held-for-sale, net	6,843	8,960
Loans receivable, net	10,749,329	11,055,081
MSR, net	8,881	11,014
Financial Liabilities:
Deposits	8,951,130	9,106,027
Borrowings, net	4,018,487	3,964,222
Estimated Fair Value
Financial Assets:
Securities held-to-maturity	2,716,702	2,286,092
FHLB-NY stock	137,909	131,137
Loans held-for-sale, net	6,973	9,037
Loans receivable, net	10,871,364	11,112,709
MSR, net	8,882	11,017
Financial Liabilities:
Deposits	8,986,940	9,123,740
Borrowings, net	4,188,733	4,132,940
Estimated Fair Value | Level 2
Financial Assets:
Securities held-to-maturity	2,716,702	2,286,092
FHLB-NY stock	137,909	131,137
Loans held-for-sale, net	0	0
Loans receivable, net	0	0
MSR, net	0	0
Financial Liabilities:
Deposits	8,986,940	9,123,740
Borrowings, net	4,188,733	4,132,940
Estimated Fair Value | Level 3
Financial Assets:
Securities held-to-maturity	0	0
FHLB-NY stock	0	0
Loans held-for-sale, net	6,973	9,037
Loans receivable, net	10,871,364	11,112,709
MSR, net	8,882	11,017
Financial Liabilities:
Deposits	0	0
Borrowings, net	$ 0	$ 0

Litigation (Details)

Litigation (Details)	Aug. 05, 2015USD ($)	Nov. 19, 2014USD ($)	Sep. 14, 2010USD ($)	Jun. 30, 2016lawsuit	May 19, 2016USD ($)	Oct. 28, 2015USD ($)
Income Tax Contingency [Line Items]
Additional tax liability as a result of tax years being closed					$ 0
Number of lawsuits challenging merger | lawsuit				6
Contract termination fee						$ 69,500,000
Tax Years 2006 Through 2008
Income Tax Contingency [Line Items]
Alleged tax deficiency			$ 13,300,000
Tax Years 2009 Through 2010
Income Tax Contingency [Line Items]
Alleged tax deficiency		$ 6,100,000
Tax Years 2011 Through 2013
Income Tax Contingency [Line Items]
Alleged tax deficiency	$ 2,100,000