Astoria Financial 10-Q 9 Nov 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Oct. 28, 2016
Document and Entity Information
Entity Registrant Name	ASTORIA FINANCIAL CORP
Entity Central Index Key	910,322
Document Type	10-Q
Document Period End Date	Sep. 30, 2016
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		101,328,834
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Assets:
Cash and due from banks	$ 132,799	$ 200,538
Available-for-sale securities:
Encumbered	36,922	81,481
Unencumbered	271,309	335,317
Total available-for-sale securities	308,231	416,798
Held-to-maturity securities, fair value of $2,773,570 and $2,286,092, respectively:
Encumbered	1,162,662	1,123,480
Unencumbered	1,588,513	1,173,319
Total held-to-maturity securities	2,751,175	2,296,799
Federal Home Loan Bank of New York stock, at cost	130,820	131,137
Loans held-for-sale, net	5,550	8,960
Loans receivable	10,630,661	11,153,081
Allowance for loan losses	(87,700)	(98,000)
Loans receivable, net	10,542,961	11,055,081
Mortgage servicing rights, net	8,580	11,014
Accrued interest receivable	34,834	34,996
Premises and equipment, net	103,971	109,758
Goodwill	185,151	185,151
Bank owned life insurance	442,228	439,646
Real estate owned, net	14,592	19,798
Other assets	153,050	166,535
Total assets	14,813,942	15,076,211
Deposits:
NOW and demand deposit	2,478,959	2,413,823
Money market	2,719,547	2,560,204
Savings	2,079,553	2,137,818
Certificates of deposit	1,649,585	1,994,182
Total deposits	8,927,644	9,106,027
Federal funds purchased	245,000	435,000
Reverse repurchase agreements	1,100,000	1,100,000
Federal Home Loan Bank of New York advances	2,220,000	2,180,000
Other borrowings, net	249,620	249,222
Mortgage escrow funds	143,383	115,435
Accrued expenses and other liabilities	220,633	227,079
Total liabilities	13,106,280	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 101,328,740 and 100,721,358 shares outstanding, respectively)	1,665	1,665
Additional paid-in capital	895,741	902,349
Retained earnings	2,078,990	2,045,391
Treasury stock (65,166,148 and 65,773,530 shares, at cost, respectively)	(1,344,603)	(1,357,136)
Accumulated other comprehensive loss	(53,927)	(58,617)
Total stockholders’ equity	1,707,662	1,663,448
Total liabilities and stockholders’ equity	$ 14,813,942	$ 15,076,211

Consolidated Statements of Fin3

Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Held-to-maturity securities, fair value	$ 2,773,570	$ 2,286,092
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized	5,000,000	5,000,000
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	166,494,888	166,494,888
Common stock, shares outstanding	101,328,740	100,721,358
Treasury stock, shares	65,166,148	65,773,530
Series C Preferred Stock
Preferred stock, shares authorized	150,000	150,000
Preferred stock, shares issued	135,000	135,000
Preferred stock, shares outstanding	135,000	135,000

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Interest income:
Residential mortgage loans	$ 44,582	$ 49,899	$ 137,640	$ 155,236
Multi-family and commercial real estate mortgage loans	47,795	47,979	141,207	144,082
Consumer and other loans	2,456	2,208	7,263	6,640
Mortgage-backed and other securities	17,873	15,816	52,177	46,124
Interest-earning cash accounts	110	109	346	305
Federal Home Loan Bank of New York stock	1,526	1,407	4,434	4,390
Total interest income	114,342	117,418	343,067	356,777
Interest expense:
Deposits	6,463	8,577	20,482	29,250
Borrowings	24,238	24,107	72,606	71,922
Total interest expense	30,701	32,684	93,088	101,172
Net interest income	83,641	84,734	249,979	255,605
Provision for loan losses credited to operations	(995)	(4,439)	(7,128)	(7,749)
Net interest income after provision for loan losses	84,636	89,173	257,107	263,354
Non-interest income:
Customer service fees	7,107	8,322	21,637	25,404
Other loan fees	566	637	1,667	1,743
Gain on sales of securities	0	0	86	72
Mortgage banking income, net	916	132	1,034	2,535
Income from bank owned life insurance	2,294	2,222	6,919	6,598
Other	1,883	1,539	4,740	4,775
Total non-interest income	12,766	12,852	36,083	41,127
General and administrative:
Compensation and benefits	37,725	38,356	112,686	112,292
Occupancy, equipment and systems	19,713	18,962	57,944	57,600
Federal deposit insurance premium	3,151	4,163	9,712	12,699
Advertising	742	2,784	5,213	7,849
Other	7,377	8,324	22,724	24,137
Total non-interest expense	68,708	72,589	208,279	214,577
Income before income tax expense	28,694	29,436	84,911	89,904
Income tax expense	10,003	10,530	29,319	20,260
Net income	18,691	18,906	55,592	69,644
Preferred stock dividends	2,194	2,194	6,582	6,582
Net income available to common shareholders	$ 16,497	$ 16,712	$ 49,010	$ 63,062
Basic earnings per common share (in dollars per share)	$ 0.16	$ 0.17	$ 0.48	$ 0.63
Diluted earnings per common share (in dollars per share)	$ 0.16	$ 0.17	$ 0.48	$ 0.63
Basic weighted average common shares outstanding	100,383,631	99,700,759	100,377,618	99,540,721
Diluted weighted average common shares outstanding	100,383,631	100,067,159	100,377,618	99,907,121

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 18,691	$ 18,906	$ 55,592	$ 69,644
Net unrealized (loss) gain on securities available-for-sale:
Net unrealized holding (loss) gain on securities arising during the period	(955)	2,903	3,588	2,148
Reclassification adjustment for gain on sales of securities included in net income	0	0	(51)	(43)
Net unrealized (loss) gain on securities available-for-sale	(955)	2,903	3,537	2,105
Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income	356	442	1,068	1,328
Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income	28	29	85	85
Total other comprehensive (loss) income, net of tax	(571)	3,374	4,690	3,518
Comprehensive income	$ 18,120	$ 22,280	$ 60,282	$ 73,162

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	69,644				69,644
Other comprehensive income, net of tax	3,518						3,518
Dividends on preferred stock	(6,582)				(6,582)
Dividends on common stock	(12,052)				(12,052)
Sales of treasury stock	6,124				(3,789)	9,913
Restricted stock grants	0			(5,608)	(3,273)	8,881
Forfeitures of restricted stock	0			747	569	(1,316)
Stock-based compensation	6,432			6,415	17
Net tax benefit excess from stock-based compensation	28			28
Balance at end of period at Sep. 30, 2015	1,647,182	129,796	1,665	898,631	2,037,367	(1,357,844)	(62,433)
Balance at beginning of period at Jun. 30, 2015							(65,807)
Increase (Decrease) in Stockholders' Equity
Net income	18,906
Other comprehensive income, net of tax	3,374						3,374
Balance at end of period at Sep. 30, 2015	1,647,182	129,796	1,665	898,631	2,037,367	(1,357,844)	(62,433)
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	55,592				55,592
Other comprehensive income, net of tax	4,690						4,690
Dividends on preferred stock	(6,582)				(6,582)
Dividends on common stock	(12,161)				(12,161)
Sales of treasury stock	122				(46)	168
Restricted stock grants	0			(10,329)	(3,823)	14,152
Forfeitures of restricted stock	0			1,171	616	(1,787)
Stock-based compensation	2,518			2,515	3
Net tax benefit excess from stock-based compensation	35			35
Balance at end of period at Sep. 30, 2016	1,707,662	129,796	1,665	895,741	2,078,990	(1,344,603)	(53,927)
Balance at beginning of period at Jun. 30, 2016							(53,356)
Increase (Decrease) in Stockholders' Equity
Net income	18,691
Other comprehensive income, net of tax	(571)						(571)
Balance at end of period at Sep. 30, 2016	$ 1,707,662	$ 129,796	$ 1,665	$ 895,741	$ 2,078,990	$ (1,344,603)	$ (53,927)

Consolidated Statement of Chan7

Consolidated Statement of Changes in Stockholders' Equity (Parenthetical) - $ / shares	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Statement of Stockholders' Equity [Abstract]
Dividends on preferred stock (in dollars per share)	$ 48.75	$ 48.75
Dividends on common stock (in dollars per share)	$ 0.12	$ 0.12
Sale of treasury stock (in shares)	8,140	479,751
Restricted stock grants (in shares)	685,872	429,752
Forfeitures of restricted stock (in shares)	86,630	63,716

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities:
Net income	$ 55,592	$ 69,644
Adjustments to reconcile net income to net cash provided by operating activities:
Net amortization on loans	8,021	9,018
Net amortization on securities and borrowings	6,260	7,067
Net provision for loan and real estate losses credited to operations	(6,226)	(6,703)
Depreciation and amortization	10,392	9,495
Net gain on sales of loans and securities	(1,690)	(1,567)
Mortgage servicing rights amortization and valuation allowance adjustments, net	3,321	1,941
Stock-based compensation	2,518	6,432
Deferred income tax expense (benefit)	2,753	(9,573)
Originations of loans held-for-sale	(84,425)	(90,841)
Proceeds from sales and principal repayments of loans held-for-sale	87,879	94,495
Decrease (increase) in accrued interest receivable	162	(141)
Bank owned life insurance income and insurance proceeds received, net	(2,582)	(6,598)
Decrease in other assets	7,544	7,647
(Decrease) increase in accrued expenses and other liabilities	(4,422)	2,611
Net cash provided by operating activities	85,097	92,927
Cash flows from investing activities:
Originations of loans receivable	(1,003,596)	(1,028,137)
Loan purchases through third parties	(247,680)	(187,821)
Principal payments on loans receivable	1,750,607	1,897,447
Proceeds from sales of delinquent and non-performing loans	2,457	7,483
Purchases of securities held-to-maturity	(1,155,291)	(425,463)
Purchases of securities available-for-sale	(30,000)	(113,833)
Principal payments on securities held-to-maturity	695,738	355,657
Principal payments on securities available-for-sale	120,895	34,736
Proceeds from sales of securities available-for-sale	23,065	19,026
Net redemptions of Federal Home Loan Bank of New York stock	317	12,067
Proceeds from sales of real estate owned, net	14,278	20,114
Purchases of premises and equipment, net of proceeds from sales	(4,605)	(9,098)
Net cash provided by investing activities	166,185	582,178
Cash flows from financing activities:
Net decrease in deposits	(178,383)	(456,448)
Net decrease in borrowings with original terms of three months or less	(455,000)	(182,000)
Repayments of borrowings with original terms greater than three months	(1,770,000)	0
Proceeds from borrowings with terms greater than three months	2,075,000	0
Net increase in mortgage escrow funds	27,948	29,165
Proceeds from sales of treasury stock	122	6,124
Cash dividends paid to stockholders	(18,743)	(18,634)
Net tax benefit excess from stock-based compensation	35	28
Net cash used in financing activities	(319,021)	(621,765)
Net (decrease) increase in cash and cash equivalents	(67,739)	53,340
Cash and cash equivalents at beginning of period	200,538	143,185
Cash and cash equivalents at end of period	132,799	196,525
Supplemental disclosures:
Interest paid	88,581	97,982
Income taxes paid	18,253	27,217
Additions to real estate owned	9,974	4,583
Loans transferred to held-for-sale	$ 1,872	$ 8,948

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 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 September 30, 2016 and December 31, 2015 , our results of operations and other comprehensive income for the three and nine months ended September 30, 2016 and 2015 , changes in our stockholders’ equity for the nine months ended September 30, 2016 and 2015 and our cash flows for the nine months ended September 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 September 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 nine months ended September 30, 2016 and 2015 . The results of operations and other comprehensive income for the three and nine months ended September 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.	9 Months Ended
	Sep. 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. NYCB has informed us that based on discussions they have had with their regulators, they do not expect to receive, prior to the end of 2016, the regulatory approvals required to consummate the merger. Under the merger agreement, either NYCB or Astoria may terminate the agreement, without penalty, if the merger has not occurred by December 31, 2016. Astoria and NYCB remain committed to the transaction, but any extension to the end date or other modification under the merger agreement is subject to the discretionary approval of the Board of Directors of each company, and there can be no assurance that each Board will agree to any such extension or other modification.

Securities

Securities	9 Months Ended
	Sep. 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 September 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) $ 263,153 $ 4,031 $ (275 ) $ 266,909 Non-GSE issuance REMICs and CMOs 1,856 4 (1 ) 1,859 GSE pass-through certificates 9,061 390 (1 ) 9,450 Total residential mortgage-backed securities 274,070 4,425 (277 ) 278,218 Obligations of GSEs 30,000 37 (26 ) 30,011 Fannie Mae stock 15 — (13 ) 2 Total securities available-for-sale $ 304,085 $ 4,462 $ (316 ) $ 308,231 Held-to-maturity: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 1,119,583 $ 14,824 $ (1,877 ) $ 1,132,530 Non-GSE issuance REMICs and CMOs 194 — (6 ) 188 GSE pass-through certificates 226,896 4,165 (427 ) 230,634 Total residential mortgage-backed securities 1,346,673 18,989 (2,310 ) 1,363,352 Multi-family mortgage-backed securities: GSE issuance REMICs 964,778 9,583 (747 ) 973,614 Obligations of GSEs 359,357 629 (713 ) 359,273 Corporate Debt securities 80,000 325 (3,362 ) 76,963 Other 367 1 — 368 Total securities held-to-maturity $ 2,751,175 $ 29,527 $ (7,132 ) $ 2,773,570 (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 September 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 $ 13,375 $ (55 ) $ 21,347 $ (220 ) $ 34,722 $ (275 ) Non-GSE issuance REMICs and CMOs — — 105 (1 ) 105 (1 ) GSE pass-through certificates — — 120 (1 ) 120 (1 ) Obligations of GSEs 14,974 (26 ) — — 14,974 (26 ) Fannie Mae stock — — 2 (13 ) 2 (13 ) Total temporarily impaired securities available-for-sale $ 28,349 $ (81 ) $ 21,574 $ (235 ) $ 49,923 $ (316 ) Held-to-maturity: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 130,318 $ (353 ) $ 147,383 $ (1,524 ) $ 277,701 $ (1,877 ) Non-GSE issuance REMICs and CMOs — — 188 (6 ) 188 (6 ) GSE pass-through certificates — — 65,629 (427 ) 65,629 (427 ) Multi-family mortgage-backed securities: GSE issuance REMICs 275,035 (747 ) — — 275,035 (747 ) Obligations of GSEs 125,623 (713 ) — — 125,623 (713 ) Corporate debt securities 57,151 (2,849 ) 9,488 (513 ) 66,639 (3,362 ) Total temporarily impaired securities held-to-maturity $ 588,127 $ (4,662 ) $ 222,688 $ (2,470 ) $ 810,815 $ (7,132 ) 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 84 securities which had an unrealized loss at September 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 September 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 nine months ended September 30, 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 nine months ended September 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 nine months ended September 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 September 30, 2016 , available-for-sale debt securities, excluding mortgage-backed securities, had an amortized cost of $30.0 million , an estimated fair value of $30.0 million and contractual maturities in 2025 through 2026 . At September 30, 2016 , held-to-maturity debt securities, excluding mortgage-backed securities, had an amortized cost of $439.7 million , an estimated fair value of $436.6 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 September 30, 2016 , the amortized cost of callable securities in our portfolio totaled $344.4 million , of which $328.0 million are callable within one year and at various times thereafter. The balance of accrued interest receivable for securities totaled $8.0 million at September 30, 2016 and $7.4 million at December 31, 2015 .

Loans Receivable and Allowance

Loans Receivable and Allowance for Loan Losses	9 Months Ended
	Sep. 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 September 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 $ 4,948 $ 233 $ — $ 5,181 $ 268,405 $ 273,586 Full documentation amortizing 36,938 6,843 — 43,781 4,342,747 4,386,528 Reduced documentation interest-only 3,711 724 — 4,435 119,308 123,743 Reduced documentation amortizing 21,412 4,016 — 25,428 556,203 581,631 Total residential 67,009 11,816 — 78,825 5,286,663 5,365,488 Multi-family 3,414 156 476 4,046 4,083,193 4,087,239 Commercial real estate 420 176 — 596 751,966 752,562 Total mortgage loans 70,843 12,148 476 83,467 10,121,822 10,205,289 Consumer and other loans (gross): Home equity and other consumer 1,159 48 — 1,207 138,909 140,116 Commercial and industrial — 529 — 529 96,634 97,163 Total consumer and other loans 1,159 577 — 1,736 235,543 237,279 Total accruing loans $ 72,002 $ 12,725 $ 476 $ 85,203 $ 10,357,365 $ 10,442,568 Non-accrual loans: Mortgage loans (gross): Residential: Full documentation interest-only $ — $ 160 $ 11,492 $ 11,652 $ 4,387 $ 16,039 Full documentation amortizing 2,956 1,050 41,016 45,022 10,104 55,126 Reduced documentation interest-only — — 13,228 13,228 5,121 18,349 Reduced documentation amortizing 1,408 1,002 31,201 33,611 11,801 45,412 Total residential 4,364 2,212 96,937 103,513 31,413 134,926 Multi-family 876 406 1,417 2,699 2,571 5,270 Commercial real estate 388 — — 388 4,844 5,232 Total mortgage loans 5,628 2,618 98,354 106,600 38,828 145,428 Consumer and other loans (gross): Home equity and other consumer — — 4,718 4,718 — 4,718 Commercial and industrial — — 282 282 — 282 Total consumer and other loans — — 5,000 5,000 — 5,000 Total non-accrual loans $ 5,628 $ 2,618 $ 103,354 $ 111,600 $ 38,828 $ 150,428 Total loans: Mortgage loans (gross): Residential: Full documentation interest-only $ 4,948 $ 393 $ 11,492 $ 16,833 $ 272,792 $ 289,625 Full documentation amortizing 39,894 7,893 41,016 88,803 4,352,851 4,441,654 Reduced documentation interest-only 3,711 724 13,228 17,663 124,429 142,092 Reduced documentation amortizing 22,820 5,018 31,201 59,039 568,004 627,043 Total residential 71,373 14,028 96,937 182,338 5,318,076 5,500,414 Multi-family 4,290 562 1,893 6,745 4,085,764 4,092,509 Commercial real estate 808 176 — 984 756,810 757,794 Total mortgage loans 76,471 14,766 98,830 190,067 10,160,650 10,350,717 Consumer and other loans (gross): Home equity and other consumer 1,159 48 4,718 5,925 138,909 144,834 Commercial and industrial — 529 282 811 96,634 97,445 Total consumer and other loans 1,159 577 5,000 6,736 235,543 242,279 Total loans $ 77,630 $ 15,343 $ 103,830 $ 196,803 $ 10,396,193 $ 10,592,996 Net unamortized premiums and deferred loan origination costs 37,665 Loans receivable 10,630,661 Allowance for loan losses (87,700 ) Loans receivable, net $ 10,542,961 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 September 30, 2016 Mortgage Loans Consumer and Other Loans Multi-Family Commercial Real Estate (In Thousands) Residential Total Balance at July 1, 2016 $ 41,220 $ 32,131 $ 9,709 $ 6,940 $ 90,000 Provision (credited) charged to operations (505 ) 1,831 (887 ) (1,434 ) (995 ) Charge-offs (2,822 ) — (378 ) (378 ) (3,578 ) Recoveries 469 443 981 380 2,273 Balance at September 30, 2016 $ 38,362 $ 34,405 $ 9,425 $ 5,508 $ 87,700 For the Nine Months Ended September 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 to operations (2,025 ) (2,696 ) (2,332 ) (75 ) (7,128 ) Charge-offs (6,313 ) (409 ) (441 ) (1,238 ) (8,401 ) Recoveries 1,749 1,966 981 533 5,229 Balance at September 30, 2016 $ 38,362 $ 34,405 $ 9,425 $ 5,508 $ 87,700 For the Three Months Ended September 30, 2015 Mortgage Loans Consumer and Other Loans Multi-Family Commercial Real Estate (In Thousands) Residential Total Balance at July 1, 2015 $ 44,546 $ 38,794 $ 15,390 $ 8,770 $ 107,500 Provision (credited) charged to operations (1,992 ) 409 (3,058 ) 202 (4,439 ) Charge-offs (982 ) (553 ) — (80 ) (1,615 ) Recoveries 669 216 1,087 82 2,054 Balance at September 30, 2015 $ 42,241 $ 38,866 $ 13,419 $ 8,974 $ 103,500 For the Nine Months Ended September 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 (2,346 ) (998 ) (4,768 ) 363 (7,749 ) Charge-offs (4,341 ) (898 ) (142 ) (515 ) (5,896 ) Recoveries 2,645 1,512 1,087 301 5,545 Balance at September 30, 2015 $ 42,241 $ 38,866 $ 13,419 $ 8,974 $ 103,500 The following table sets forth the balances of our residential interest-only mortgage loans at September 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 $ 329,098 13 to 24 months 80,135 25 to 36 months 10,375 Over 36 months 12,109 Total $ 431,717 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 September 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 $ 273,586 $ 4,386,528 $ 123,743 $ 581,631 $ 140,116 $ 97,163 Non-performing: Current or past due less than 90 days 4,547 14,110 5,121 14,211 — — Past due 90 days or more 11,492 41,016 13,228 31,201 4,718 282 Total $ 289,625 $ 4,441,654 $ 142,092 $ 627,043 $ 144,834 $ 97,445 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 September 30, 2016 At December 31, 2015 Commercial Real Estate Commercial Real Estate (In Thousands) Multi-Family Multi-Family Not criticized $ 4,054,211 $ 728,058 $ 3,981,050 $ 769,029 Criticized: Special mention 21,214 11,605 14,931 20,441 Substandard 17,084 18,131 28,124 30,044 Doubtful — — — — Total $ 4,092,509 $ 757,794 $ 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 September 30, 2016 Mortgage Loans Consumer and Other Loans Multi-Family Commercial Real Estate (In Thousands) Residential Total Loans: Individually evaluated for impairment $ 197,176 $ 9,469 $ 10,197 $ 4,514 $ 221,356 Collectively evaluated for impairment 5,303,238 4,083,040 747,597 237,765 10,371,640 Total loans $ 5,500,414 $ 4,092,509 $ 757,794 $ 242,279 $ 10,592,996 Allowance for loan losses: Individually evaluated for impairment $ 9,921 $ 17 $ 1 $ 319 $ 10,258 Collectively evaluated for impairment 28,441 34,388 9,424 5,189 77,442 Total allowance for loan losses $ 38,362 $ 34,405 $ 9,425 $ 5,508 $ 87,700 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 September 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 $ 26,329 $ 20,955 $ (2,383 ) $ 18,572 $ 37,454 $ 30,631 $ (4,051 ) $ 26,580 Full documentation amortizing 85,959 77,475 (3,767 ) 73,708 69,242 63,223 (2,534 ) 60,689 Reduced documentation interest-only 35,748 29,537 (1,705 ) 27,832 55,939 46,540 (4,253 ) 42,287 Reduced documentation amortizing 78,493 69,209 (2,066 ) 67,143 57,955 52,520 (2,310 ) 50,210 Multi-family 3,370 3,380 (17 ) 3,363 8,029 7,950 (456 ) 7,494 Commercial real estate 269 269 (1 ) 268 6,651 6,723 (788 ) 5,935 Consumer and other loans: Home equity lines of credit 4,591 4,232 (319 ) 3,913 5,295 4,968 (421 ) 4,547 Without an allowance recorded: Mortgage loans: Multi-family 6,868 6,089 — 6,089 19,523 16,693 — 16,693 Commercial real estate 11,686 9,928 — 9,928 11,104 8,270 — 8,270 Consumer and other loans: Commercial and industrial 730 282 — 282 — — — — Total impaired loans $ 254,043 $ 221,356 $ (10,258 ) $ 211,098 $ 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 September 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 $ 23,076 $ 135 $ 135 $ 38,691 $ 265 $ 268 Full documentation amortizing 76,480 548 556 55,466 433 430 Reduced documentation interest-only 30,764 265 267 66,137 620 617 Reduced documentation amortizing 68,062 596 577 30,566 336 323 Multi-family 4,084 58 58 7,458 72 72 Commercial real estate 307 3 4 6,927 82 73 Consumer and other loans: Home equity lines of credit 4,335 14 14 5,651 13 15 Without an allowance recorded: Mortgage loans: Multi-family 7,401 81 81 20,232 240 246 Commercial real estate 10,761 131 147 9,946 157 168 Consumer and other loans: Commercial and industrial 141 4 4 — — — Total impaired loans $ 225,411 $ 1,835 $ 1,843 $ 241,074 $ 2,218 $ 2,212 For the Nine Months Ended September 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 $ 26,269 $ 378 $ 393 $ 41,725 $ 798 $ 807 Full documentation amortizing 70,669 1,642 1,677 49,727 1,309 1,323 Reduced documentation interest-only 36,941 817 815 71,266 1,927 1,911 Reduced documentation amortizing 62,632 1,804 1,815 24,757 966 972 Multi-family 5,449 154 168 16,000 236 238 Commercial real estate 2,091 15 17 13,163 219 223 Consumer and other loans: Home equity lines of credit 4,544 37 37 5,740 32 40 Without an allowance recorded: Mortgage loans: Multi-family 10,388 246 257 16,995 748 753 Commercial real estate 10,483 429 447 4,973 496 507 Consumer and other loans: Commercial and industrial 71 20 20 — — — Total impaired loans $ 229,537 $ 5,542 $ 5,646 $ 244,346 $ 6,731 $ 6,774 The following tables set forth information about our mortgage loans receivable by segment and class at September 30, 2016 and 2015 which were modified in a troubled debt restructuring, or TDR, during the periods indicated. Modifications During the Three Months Ended September 30, 2016 2015 (Dollars In Thousands) Number of Loans Pre- Modification Recorded Investment Recorded Investment at September 30, 2016 Number of Loans Pre- Modification Recorded Investment Recorded Investment at September 30, 2015 Residential: Full documentation interest-only 3 $ 895 $ 803 4 $ 1,270 $ 1,239 Full documentation amortizing 4 1,404 1,340 6 1,156 1,138 Reduced documentation interest-only 1 589 587 4 1,324 1,323 Reduced documentation amortizing — — — 3 764 757 Total 8 $ 2,888 $ 2,730 17 $ 4,514 $ 4,457 Modifications During the Nine Months Ended September 30, 2016 2015 (Dollars In Thousands) Number of Loans Pre- Modification Recorded Investment Recorded Investment at September 30, 2016 Number of Loans Pre- Modification Recorded Investment Recorded Investment at September 30, 2015 Residential: Full documentation interest-only 9 $ 3,481 $ 3,350 12 $ 4,620 $ 4,505 Full documentation amortizing 17 6,269 6,020 17 4,357 4,241 Reduced documentation interest-only 4 1,801 1,761 9 3,220 3,233 Reduced documentation amortizing 5 1,524 1,497 5 1,103 1,099 Multi-family 1 338 332 — — — Commercial real estate 1 515 464 2 2,902 2,849 Total 37 $ 13,928 $ 13,424 45 $ 16,202 $ 15,927 The following tables set forth information about our mortgage loans receivable by segment and class at September 30, 2016 and 2015 which were modified in a TDR during the twelve month periods ended September 30, 2016 and 2015 and had a payment default subsequent to the modification during the periods indicated. For the Three Months Ended September 30, 2016 2015 (Dollars In Thousands) Number of Loans Recorded Investment at September 30, 2016 Number of Loans Recorded Investment at September 30, 2015 Residential: Full documentation interest-only 1 $ 590 6 $ 2,244 Full documentation amortizing 6 2,315 5 1,687 Reduced documentation interest-only 1 489 2 758 Reduced documentation amortizing 1 923 3 729 Total 9 $ 4,317 16 $ 5,418 For the Nine Months Ended September 30, 2016 2015 (Dollars In Thousands) Number of Loans Recorded Investment at September 30, 2016 Number of Loans Recorded Investment at September 30, 2015 Residential: Full documentation interest-only 1 $ 590 6 $ 2,244 Full documentation amortizing 7 2,781 5 1,687 Reduced documentation interest-only 1 489 4 1,395 Reduced documentation amortizing 1 923 3 729 Total 10 $ 4,783 18 $ 6,055 Included in loans receivable at September 30, 2016 are loans in the process of foreclosure collateralized by residential real estate property with a recorded investment of $73.6 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	9 Months Ended
	Sep. 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 September 30, 2016 . Year Amount (In Thousands) 2018 $ 200,000 (1 ) 2019 600,000 (1 ) 2020 300,000 (2 ) Total $ 1,100,000 (1) Callable at various dates throughout the fourth quarter of 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 September 30, 2016 were fixed rate and collateralized by GSE securities, of which 83% were residential mortgage-backed securities and 17% 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	9 Months Ended
	Sep. 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 September 30, For the Nine Months Ended September 30, (In Thousands, Except Share Data) 2016 2015 2016 2015 Net income $ 18,691 $ 18,906 $ 55,592 $ 69,644 Preferred stock dividends (2,194 ) (2,194 ) (6,582 ) (6,582 ) Net income available to common shareholders 16,497 16,712 49,010 63,062 Income allocated to participating securities (153 ) (173 ) (448 ) (578 ) Net income allocated to common shareholders $ 16,344 $ 16,539 $ 48,562 $ 62,484 Basic weighted average common shares outstanding 100,383,631 99,700,759 100,377,618 99,540,721 Dilutive effect of stock options and restricted stock units (1) (2) — 366,400 — 366,400 Diluted weighted average common shares outstanding 100,383,631 100,067,159 100,377,618 99,907,121 Basic EPS $ 0.16 $ 0.17 $ 0.48 $ 0.63 Diluted EPS $ 0.16 $ 0.17 $ 0.48 $ 0.63 (1) Excludes options to purchase 6,000 shares of common stock which were outstanding during the three months ended September 30, 2016 ; options to purchase 12,000 shares of common stock which were outstanding during the three months ended September 30, 2015 ; options to purchase 6,330 shares of common stock which were outstanding during the nine months ended September 30, 2016 ; and options to purchase 14,889 shares of common stock which were outstanding during the nine months ended September 30, 2015 because their inclusion would be anti-dilutive. (2) Excludes 737,315 unvested restricted stock units which were outstanding during the three months ended September 30, 2016 ; 760,979 unvested restricted stock units which were outstanding during the three months ended September 30, 2015 ; 743,102 unvested restricted stock units which were outstanding during the nine months ended September 30, 2016 ; and 607,856 unvested restricted stock units which were outstanding during the nine months ended September 30, 2015 because the performance conditions have not been satisfied.

Other Comprehensive Income_Loss

Other Comprehensive Income/Loss	9 Months Ended
	Sep. 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 nine months ended September 30, 2016 and 2015 . (In Thousands) At Other Comprehensive (Loss) Income At Net unrealized gain on securities available-for-sale $ 7,319 $ (955 ) $ 6,364 Net actuarial loss on pension plans and other postretirement benefits (57,684 ) 356 (57,328 ) Prior service cost on pension plans and other postretirement benefits (2,991 ) 28 (2,963 ) Accumulated other comprehensive loss $ (53,356 ) $ (571 ) $ (53,927 ) (In Thousands) At Other Comprehensive Income At Net unrealized gain on securities available-for-sale $ 2,827 $ 3,537 $ 6,364 Net actuarial loss on pension plans and other postretirement benefits (58,396 ) 1,068 (57,328 ) Prior service cost on pension plans and other postretirement benefits (3,048 ) 85 (2,963 ) Accumulated other comprehensive loss $ (58,617 ) $ 4,690 $ (53,927 ) (In Thousands) At Other Comprehensive Income At Net unrealized gain on securities available-for-sale $ 3,888 $ 2,903 $ 6,791 Net actuarial loss on pension plans and other postretirement benefits (66,590 ) 442 (66,148 ) Prior service cost on pension plans and other postretirement benefits (3,105 ) 29 (3,076 ) Accumulated other comprehensive loss $ (65,807 ) $ 3,374 $ (62,433 ) (In Thousands) At Other Comprehensive Income At Net unrealized gain on securities available-for-sale $ 4,686 $ 2,105 $ 6,791 Net actuarial loss on pension plans and other postretirement benefits (67,476 ) 1,328 (66,148 ) Prior service cost on pension plans and other postretirement benefits (3,161 ) 85 (3,076 ) Accumulated other comprehensive loss $ (65,951 ) $ 3,518 $ (62,433 ) 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 Benefit (Expense) After Tax Amount Net unrealized holding loss on securities available-for-sale arising during the period $ (1,603 ) $ 648 $ (955 ) Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income 598 (242 ) 356 Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income 48 (20 ) 28 Other comprehensive loss $ (957 ) $ 386 $ (571 ) For the Nine 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 $ 6,023 $ (2,435 ) $ 3,588 Reclassification adjustment for gain on sales of securities included in net income (86 ) 35 (51 ) Net unrealized gain on securities available-for-sale 5,937 (2,400 ) 3,537 Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income 1,793 (725 ) 1,068 Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income 143 (58 ) 85 Other comprehensive income $ 7,873 $ (3,183 ) $ 4,690 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 $ 4,873 $ (1,970 ) $ 2,903 Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income 743 (301 ) 442 Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income 48 (19 ) 29 Other comprehensive income $ 5,664 $ (2,290 ) $ 3,374 For the Nine 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 arising during the period $ 3,605 $ (1,457 ) $ 2,148 Reclassification adjustment for gain on sales of securities included in net income (72 ) 29 (43 ) Net unrealized gain on securities available-for-sale 3,533 (1,428 ) 2,105 Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income 2,229 (901 ) 1,328 Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income 143 (58 ) 85 Other comprehensive income $ 5,905 $ (2,387 ) $ 3,518 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 September 30, Income Statement Line Item (In Thousands) 2016 2015 Reclassification adjustment for net actuarial loss (1) $ (598 ) $ (743 ) Compensation and benefits Reclassification adjustment for prior service cost (1) (48 ) (48 ) Compensation and benefits Total reclassifications, before tax (646 ) (791 ) Income tax effect 262 320 Income tax expense Total reclassifications, net of tax $ (384 ) $ (471 ) Net income For the Nine Months Ended September 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) (1,793 ) (2,229 ) Compensation and benefits Reclassification adjustment for prior service cost (1) (143 ) (143 ) Compensation and benefits Total reclassifications, before tax (1,850 ) (2,300 ) Income tax effect 748 930 Income tax expense Total reclassifications, net of tax $ (1,102 ) $ (1,370 ) 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	9 Months Ended
	Sep. 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 September 30, For the Three Months Ended September 30, (In Thousands) 2016 2015 2016 2015 Service cost $ — $ — $ 465 $ 532 Interest cost 2,510 2,482 249 251 Expected return on plan assets (3,058 ) (3,634 ) — — Recognized net actuarial loss (gain) 703 743 (105 ) — Amortization of prior service cost 48 48 — — Net periodic cost (benefit) $ 203 $ (361 ) $ 609 $ 783 Pension Benefits Other Postretirement Benefits For the Nine Months Ended September 30, For the Nine Months Ended September 30, (In Thousands) 2016 2015 2016 2015 Service cost $ — $ — $ 1,397 $ 1,597 Interest cost 7,531 7,447 746 753 Expected return on plan assets (9,174 ) (10,901 ) — — Recognized net actuarial loss (gain) 2,110 2,229 (317 ) — Amortization of prior service cost 143 143 — — Net periodic cost (benefit) $ 610 $ (1,082 ) $ 1,826 $ 2,350

Stock Incentive Plans

Stock Incentive Plans	9 Months Ended
	Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Incentive Plans	Stock Incentive Plans During the nine months ended September 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 649,230 shares remain outstanding at September 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 nine months ended September 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 September 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 nine months ended September 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 (21,630 ) (14.46 ) (19,800 ) 12.41 Expired (65,000 ) (1) (13.23 ) — — Unvested at September 30, 2016 943,709 14.43 731,700 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 $245,000 , net of taxes of $166,000 , for the three months ended September 30, 2016 and $1.5 million , net of taxes of $1.0 million , for the three months ended September 30, 2015 . Stock-based compensation expense totaled $1.5 million , net of taxes of $1.0 million , for the nine months ended September 30, 2016 and $3.8 million , net of taxes of $2.6 million , for the nine months ended September 30, 2015 . At September 30, 2016 , pre-tax compensation cost related to all nonvested awards of restricted common stock and restricted stock units not yet recognized totaled $10.6 million and will be recognized over a weighted average period of approximately 2.0 years, which excludes $6.6 million of pre-tax compensation cost related to 536,700 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	9 Months Ended
	Sep. 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 $16.1 million at September 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 $12.0 million at September 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 $400,000 for the three months ended September 30, 2016 and $278,000 for the three months ended September 30, 2015 . Such expenses totaled $1.1 million for the nine months ended September 30, 2016 and $834,000 for the nine months ended September 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 $284,000 for the three months ended September 30, 2016 and $353,000 for the three months ended September 30, 2015 . Such tax credits and other tax benefits totaled $1.2 million for the nine months ended September 30, 2016 and $1.1 million for the nine months ended September 30, 2015 .

Regulatory Matters

Regulatory Matters	9 Months Ended
	Sep. 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 September 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 September 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 September 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 $ 1,563,322 10.61 % $ 589,317 4.00 % N/A N/A $ 736,646 5.00 % Common equity tier 1 risk-based 1,439,077 17.58 368,440 4.50 $ 419,612 5.125 % 532,191 6.50 Tier 1 risk-based 1,563,322 19.09 491,254 6.00 542,426 6.625 655,005 8.00 Total risk-based 1,651,504 20.17 655,005 8.00 706,177 8.625 818,756 10.00 Astoria Bank: Tier 1 leverage $ 1,720,711 11.75 % $ 585,844 4.00 % N/A N/A $ 732,305 5.00 % Common equity tier 1 risk-based 1,720,711 21.07 367,584 4.50 $ 418,637 5.125 % 530,955 6.50 Tier 1 risk-based 1,720,711 21.07 490,112 6.00 541,165 6.625 653,483 8.00 Total risk-based 1,808,893 22.14 653,483 8.00 704,536 8.625 816,853 10.00

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 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 September 30, 2016 (In Thousands) Total Level 1 Level 2 Securities available-for-sale: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 266,909 $ — $ 266,909 Non-GSE issuance REMICs and CMOs 1,859 — 1,859 GSE pass-through certificates 9,450 — 9,450 Obligations of GSEs 30,011 — 30,011 Fannie Mae stock 2 2 — Total securities available-for-sale $ 308,231 $ 2 $ 308,229 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 90% of our securities available-for-sale portfolio at September 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 September 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 10% of our securities available-for-sale portfolio at September 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 September 30, 2016 At December 31, 2015 Non-performing loans held-for-sale, net $ 706 $ 1,582 Impaired loans 126,854 134,910 MSR, net 8,580 11,014 REO, net 13,166 16,307 Total $ 149,306 $ 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 Nine Months Ended September 30, (In Thousands) 2016 2015 Non-performing loans held-for-sale, net (1) $ (120 ) $ (445 ) Impaired loans (2) (5,971 ) (3,246 ) MSR, net (3) (1,663 ) (172 ) REO, net (4) (979 ) (287 ) Total $ (8,733 ) $ (4,150 ) (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 September 30, 2016 , non-performing loans held for sale were comprised of 44% commercial real estate mortgage loans, 36% residential mortgage loans and 20% multi-family 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 89% residential mortgage loans, 9% multi-family and commercial real estate mortgage loans and 2% home equity lines of credit at September 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 89% residential mortgage loans, 10% multi-family and commercial real estate mortgage loans and 1% home equity lines of credit at September 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 September 30, 2016 , our MSR were valued based on expected future cash flows considering a weighted average discount rate of 9.94% , a weighted average constant prepayment rate on mortgages of 13.35% and a weighted average life of 5.1 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 September 30, 2016 , REO totaled $14.6 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 September 30, 2016 Carrying Value Estimated Fair Value (In Thousands) Total Level 2 Level 3 Financial Assets: Securities held-to-maturity $ 2,751,175 $ 2,773,570 $ 2,773,570 $ — FHLB-NY stock 130,820 130,820 130,820 — Loans held-for-sale, net (1) 5,550 5,653 — 5,653 Loans receivable, net (1) 10,542,961 10,685,073 — 10,685,073 MSR, net (1) 8,580 8,582 — 8,582 Financial Liabilities: Deposits 8,927,644 8,953,874 8,953,874 — Borrowings, net 3,814,620 3,973,159 3,973,159 — 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	9 Months Ended
	Sep. 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 voluntarily dismissed the case on September 26, 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 September 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	9 Months Ended
	Sep. 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)	9 Months Ended
	Sep. 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)	9 Months Ended
	Sep. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Schedule of Amortized Cost and Estimated Fair Value of Available-for-Sale and Held-to-Maturity 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 September 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) $ 263,153 $ 4,031 $ (275 ) $ 266,909 Non-GSE issuance REMICs and CMOs 1,856 4 (1 ) 1,859 GSE pass-through certificates 9,061 390 (1 ) 9,450 Total residential mortgage-backed securities 274,070 4,425 (277 ) 278,218 Obligations of GSEs 30,000 37 (26 ) 30,011 Fannie Mae stock 15 — (13 ) 2 Total securities available-for-sale $ 304,085 $ 4,462 $ (316 ) $ 308,231 Held-to-maturity: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 1,119,583 $ 14,824 $ (1,877 ) $ 1,132,530 Non-GSE issuance REMICs and CMOs 194 — (6 ) 188 GSE pass-through certificates 226,896 4,165 (427 ) 230,634 Total residential mortgage-backed securities 1,346,673 18,989 (2,310 ) 1,363,352 Multi-family mortgage-backed securities: GSE issuance REMICs 964,778 9,583 (747 ) 973,614 Obligations of GSEs 359,357 629 (713 ) 359,273 Corporate Debt securities 80,000 325 (3,362 ) 76,963 Other 367 1 — 368 Total securities held-to-maturity $ 2,751,175 $ 29,527 $ (7,132 ) $ 2,773,570 (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	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 September 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 $ 13,375 $ (55 ) $ 21,347 $ (220 ) $ 34,722 $ (275 ) Non-GSE issuance REMICs and CMOs — — 105 (1 ) 105 (1 ) GSE pass-through certificates — — 120 (1 ) 120 (1 ) Obligations of GSEs 14,974 (26 ) — — 14,974 (26 ) Fannie Mae stock — — 2 (13 ) 2 (13 ) Total temporarily impaired securities available-for-sale $ 28,349 $ (81 ) $ 21,574 $ (235 ) $ 49,923 $ (316 ) Held-to-maturity: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 130,318 $ (353 ) $ 147,383 $ (1,524 ) $ 277,701 $ (1,877 ) Non-GSE issuance REMICs and CMOs — — 188 (6 ) 188 (6 ) GSE pass-through certificates — — 65,629 (427 ) 65,629 (427 ) Multi-family mortgage-backed securities: GSE issuance REMICs 275,035 (747 ) — — 275,035 (747 ) Obligations of GSEs 125,623 (713 ) — — 125,623 (713 ) Corporate debt securities 57,151 (2,849 ) 9,488 (513 ) 66,639 (3,362 ) Total temporarily impaired securities held-to-maturity $ 588,127 $ (4,662 ) $ 222,688 $ (2,470 ) $ 810,815 $ (7,132 ) 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)	9 Months Ended
	Sep. 30, 2016
Receivables [Abstract]
Composition of Loans Receivable Portfolio and Aging Analysis by Accruing and Non-Accrual Loans	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 September 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 $ 4,948 $ 233 $ — $ 5,181 $ 268,405 $ 273,586 Full documentation amortizing 36,938 6,843 — 43,781 4,342,747 4,386,528 Reduced documentation interest-only 3,711 724 — 4,435 119,308 123,743 Reduced documentation amortizing 21,412 4,016 — 25,428 556,203 581,631 Total residential 67,009 11,816 — 78,825 5,286,663 5,365,488 Multi-family 3,414 156 476 4,046 4,083,193 4,087,239 Commercial real estate 420 176 — 596 751,966 752,562 Total mortgage loans 70,843 12,148 476 83,467 10,121,822 10,205,289 Consumer and other loans (gross): Home equity and other consumer 1,159 48 — 1,207 138,909 140,116 Commercial and industrial — 529 — 529 96,634 97,163 Total consumer and other loans 1,159 577 — 1,736 235,543 237,279 Total accruing loans $ 72,002 $ 12,725 $ 476 $ 85,203 $ 10,357,365 $ 10,442,568 Non-accrual loans: Mortgage loans (gross): Residential: Full documentation interest-only $ — $ 160 $ 11,492 $ 11,652 $ 4,387 $ 16,039 Full documentation amortizing 2,956 1,050 41,016 45,022 10,104 55,126 Reduced documentation interest-only — — 13,228 13,228 5,121 18,349 Reduced documentation amortizing 1,408 1,002 31,201 33,611 11,801 45,412 Total residential 4,364 2,212 96,937 103,513 31,413 134,926 Multi-family 876 406 1,417 2,699 2,571 5,270 Commercial real estate 388 — — 388 4,844 5,232 Total mortgage loans 5,628 2,618 98,354 106,600 38,828 145,428 Consumer and other loans (gross): Home equity and other consumer — — 4,718 4,718 — 4,718 Commercial and industrial — — 282 282 — 282 Total consumer and other loans — — 5,000 5,000 — 5,000 Total non-accrual loans $ 5,628 $ 2,618 $ 103,354 $ 111,600 $ 38,828 $ 150,428 Total loans: Mortgage loans (gross): Residential: Full documentation interest-only $ 4,948 $ 393 $ 11,492 $ 16,833 $ 272,792 $ 289,625 Full documentation amortizing 39,894 7,893 41,016 88,803 4,352,851 4,441,654 Reduced documentation interest-only 3,711 724 13,228 17,663 124,429 142,092 Reduced documentation amortizing 22,820 5,018 31,201 59,039 568,004 627,043 Total residential 71,373 14,028 96,937 182,338 5,318,076 5,500,414 Multi-family 4,290 562 1,893 6,745 4,085,764 4,092,509 Commercial real estate 808 176 — 984 756,810 757,794 Total mortgage loans 76,471 14,766 98,830 190,067 10,160,650 10,350,717 Consumer and other loans (gross): Home equity and other consumer 1,159 48 4,718 5,925 138,909 144,834 Commercial and industrial — 529 282 811 96,634 97,445 Total consumer and other loans 1,159 577 5,000 6,736 235,543 242,279 Total loans $ 77,630 $ 15,343 $ 103,830 $ 196,803 $ 10,396,193 $ 10,592,996 Net unamortized premiums and deferred loan origination costs 37,665 Loans receivable 10,630,661 Allowance for loan losses (87,700 ) Loans receivable, net $ 10,542,961 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
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 September 30, 2016 Mortgage Loans Consumer and Other Loans Multi-Family Commercial Real Estate (In Thousands) Residential Total Balance at July 1, 2016 $ 41,220 $ 32,131 $ 9,709 $ 6,940 $ 90,000 Provision (credited) charged to operations (505 ) 1,831 (887 ) (1,434 ) (995 ) Charge-offs (2,822 ) — (378 ) (378 ) (3,578 ) Recoveries 469 443 981 380 2,273 Balance at September 30, 2016 $ 38,362 $ 34,405 $ 9,425 $ 5,508 $ 87,700 For the Nine Months Ended September 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 to operations (2,025 ) (2,696 ) (2,332 ) (75 ) (7,128 ) Charge-offs (6,313 ) (409 ) (441 ) (1,238 ) (8,401 ) Recoveries 1,749 1,966 981 533 5,229 Balance at September 30, 2016 $ 38,362 $ 34,405 $ 9,425 $ 5,508 $ 87,700 For the Three Months Ended September 30, 2015 Mortgage Loans Consumer and Other Loans Multi-Family Commercial Real Estate (In Thousands) Residential Total Balance at July 1, 2015 $ 44,546 $ 38,794 $ 15,390 $ 8,770 $ 107,500 Provision (credited) charged to operations (1,992 ) 409 (3,058 ) 202 (4,439 ) Charge-offs (982 ) (553 ) — (80 ) (1,615 ) Recoveries 669 216 1,087 82 2,054 Balance at September 30, 2015 $ 42,241 $ 38,866 $ 13,419 $ 8,974 $ 103,500 For the Nine Months Ended September 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 (2,346 ) (998 ) (4,768 ) 363 (7,749 ) Charge-offs (4,341 ) (898 ) (142 ) (515 ) (5,896 ) Recoveries 2,645 1,512 1,087 301 5,545 Balance at September 30, 2015 $ 42,241 $ 38,866 $ 13,419 $ 8,974 $ 103,500
Balances of Residential Interest-Only Mortgage Loans	The following table sets forth the balances of our residential interest-only mortgage loans at September 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 $ 329,098 13 to 24 months 80,135 25 to 36 months 10,375 Over 36 months 12,109 Total $ 431,717
Balances 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 September 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 $ 273,586 $ 4,386,528 $ 123,743 $ 581,631 $ 140,116 $ 97,163 Non-performing: Current or past due less than 90 days 4,547 14,110 5,121 14,211 — — Past due 90 days or more 11,492 41,016 13,228 31,201 4,718 282 Total $ 289,625 $ 4,441,654 $ 142,092 $ 627,043 $ 144,834 $ 97,445 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 September 30, 2016 At December 31, 2015 Commercial Real Estate Commercial Real Estate (In Thousands) Multi-Family Multi-Family Not criticized $ 4,054,211 $ 728,058 $ 3,981,050 $ 769,029 Criticized: Special mention 21,214 11,605 14,931 20,441 Substandard 17,084 18,131 28,124 30,044 Doubtful — — — — Total $ 4,092,509 $ 757,794 $ 4,024,105 $ 819,514
Balances of Loans Receivable and Related Allowance for Loan Loss Allocation	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 September 30, 2016 Mortgage Loans Consumer and Other Loans Multi-Family Commercial Real Estate (In Thousands) Residential Total Loans: Individually evaluated for impairment $ 197,176 $ 9,469 $ 10,197 $ 4,514 $ 221,356 Collectively evaluated for impairment 5,303,238 4,083,040 747,597 237,765 10,371,640 Total loans $ 5,500,414 $ 4,092,509 $ 757,794 $ 242,279 $ 10,592,996 Allowance for loan losses: Individually evaluated for impairment $ 9,921 $ 17 $ 1 $ 319 $ 10,258 Collectively evaluated for impairment 28,441 34,388 9,424 5,189 77,442 Total allowance for loan losses $ 38,362 $ 34,405 $ 9,425 $ 5,508 $ 87,700 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
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 September 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 $ 26,329 $ 20,955 $ (2,383 ) $ 18,572 $ 37,454 $ 30,631 $ (4,051 ) $ 26,580 Full documentation amortizing 85,959 77,475 (3,767 ) 73,708 69,242 63,223 (2,534 ) 60,689 Reduced documentation interest-only 35,748 29,537 (1,705 ) 27,832 55,939 46,540 (4,253 ) 42,287 Reduced documentation amortizing 78,493 69,209 (2,066 ) 67,143 57,955 52,520 (2,310 ) 50,210 Multi-family 3,370 3,380 (17 ) 3,363 8,029 7,950 (456 ) 7,494 Commercial real estate 269 269 (1 ) 268 6,651 6,723 (788 ) 5,935 Consumer and other loans: Home equity lines of credit 4,591 4,232 (319 ) 3,913 5,295 4,968 (421 ) 4,547 Without an allowance recorded: Mortgage loans: Multi-family 6,868 6,089 — 6,089 19,523 16,693 — 16,693 Commercial real estate 11,686 9,928 — 9,928 11,104 8,270 — 8,270 Consumer and other loans: Commercial and industrial 730 282 — 282 — — — — Total impaired loans $ 254,043 $ 221,356 $ (10,258 ) $ 211,098 $ 271,192 $ 237,518 $ (14,813 ) $ 222,705
Average Recorded Investment, Interest Income Recognized and Cash Basis Interest Income Related to Impaired 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 September 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 $ 23,076 $ 135 $ 135 $ 38,691 $ 265 $ 268 Full documentation amortizing 76,480 548 556 55,466 433 430 Reduced documentation interest-only 30,764 265 267 66,137 620 617 Reduced documentation amortizing 68,062 596 577 30,566 336 323 Multi-family 4,084 58 58 7,458 72 72 Commercial real estate 307 3 4 6,927 82 73 Consumer and other loans: Home equity lines of credit 4,335 14 14 5,651 13 15 Without an allowance recorded: Mortgage loans: Multi-family 7,401 81 81 20,232 240 246 Commercial real estate 10,761 131 147 9,946 157 168 Consumer and other loans: Commercial and industrial 141 4 4 — — — Total impaired loans $ 225,411 $ 1,835 $ 1,843 $ 241,074 $ 2,218 $ 2,212 For the Nine Months Ended September 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 $ 26,269 $ 378 $ 393 $ 41,725 $ 798 $ 807 Full documentation amortizing 70,669 1,642 1,677 49,727 1,309 1,323 Reduced documentation interest-only 36,941 817 815 71,266 1,927 1,911 Reduced documentation amortizing 62,632 1,804 1,815 24,757 966 972 Multi-family 5,449 154 168 16,000 236 238 Commercial real estate 2,091 15 17 13,163 219 223 Consumer and other loans: Home equity lines of credit 4,544 37 37 5,740 32 40 Without an allowance recorded: Mortgage loans: Multi-family 10,388 246 257 16,995 748 753 Commercial real estate 10,483 429 447 4,973 496 507 Consumer and other loans: Commercial and industrial 71 20 20 — — — Total impaired loans $ 229,537 $ 5,542 $ 5,646 $ 244,346 $ 6,731 $ 6,774
Mortgage Loans Receivable by Segment and Class	The following tables set forth information about our mortgage loans receivable by segment and class at September 30, 2016 and 2015 which were modified in a troubled debt restructuring, or TDR, during the periods indicated. Modifications During the Three Months Ended September 30, 2016 2015 (Dollars In Thousands) Number of Loans Pre- Modification Recorded Investment Recorded Investment at September 30, 2016 Number of Loans Pre- Modification Recorded Investment Recorded Investment at September 30, 2015 Residential: Full documentation interest-only 3 $ 895 $ 803 4 $ 1,270 $ 1,239 Full documentation amortizing 4 1,404 1,340 6 1,156 1,138 Reduced documentation interest-only 1 589 587 4 1,324 1,323 Reduced documentation amortizing — — — 3 764 757 Total 8 $ 2,888 $ 2,730 17 $ 4,514 $ 4,457 Modifications During the Nine Months Ended September 30, 2016 2015 (Dollars In Thousands) Number of Loans Pre- Modification Recorded Investment Recorded Investment at September 30, 2016 Number of Loans Pre- Modification Recorded Investment Recorded Investment at September 30, 2015 Residential: Full documentation interest-only 9 $ 3,481 $ 3,350 12 $ 4,620 $ 4,505 Full documentation amortizing 17 6,269 6,020 17 4,357 4,241 Reduced documentation interest-only 4 1,801 1,761 9 3,220 3,233 Reduced documentation amortizing 5 1,524 1,497 5 1,103 1,099 Multi-family 1 338 332 — — — Commercial real estate 1 515 464 2 2,902 2,849 Total 37 $ 13,928 $ 13,424 45 $ 16,202 $ 15,927 The following tables set forth information about our mortgage loans receivable by segment and class at September 30, 2016 and 2015 which were modified in a TDR during the twelve month periods ended September 30, 2016 and 2015 and had a payment default subsequent to the modification during the periods indicated. For the Three Months Ended September 30, 2016 2015 (Dollars In Thousands) Number of Loans Recorded Investment at September 30, 2016 Number of Loans Recorded Investment at September 30, 2015 Residential: Full documentation interest-only 1 $ 590 6 $ 2,244 Full documentation amortizing 6 2,315 5 1,687 Reduced documentation interest-only 1 489 2 758 Reduced documentation amortizing 1 923 3 729 Total 9 $ 4,317 16 $ 5,418 For the Nine Months Ended September 30, 2016 2015 (Dollars In Thousands) Number of Loans Recorded Investment at September 30, 2016 Number of Loans Recorded Investment at September 30, 2015 Residential: Full documentation interest-only 1 $ 590 6 $ 2,244 Full documentation amortizing 7 2,781 5 1,687 Reduced documentation interest-only 1 489 4 1,395 Reduced documentation amortizing 1 923 3 729 Total 10 $ 4,783 18 $ 6,055

Reverse Repurchase Agreements (

Reverse Repurchase Agreements (Tables)	9 Months Ended
	Sep. 30, 2016
Debt Disclosure [Abstract]
Remaining Contractual Maturities of Reverse Repurchase Agreements	The following table details the remaining contractual maturities of our reverse repurchase agreements at September 30, 2016 . Year Amount (In Thousands) 2018 $ 200,000 (1 ) 2019 600,000 (1 ) 2020 300,000 (2 ) Total $ 1,100,000 (1) Callable at various dates throughout the fourth quarter of 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)	9 Months Ended
	Sep. 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 September 30, For the Nine Months Ended September 30, (In Thousands, Except Share Data) 2016 2015 2016 2015 Net income $ 18,691 $ 18,906 $ 55,592 $ 69,644 Preferred stock dividends (2,194 ) (2,194 ) (6,582 ) (6,582 ) Net income available to common shareholders 16,497 16,712 49,010 63,062 Income allocated to participating securities (153 ) (173 ) (448 ) (578 ) Net income allocated to common shareholders $ 16,344 $ 16,539 $ 48,562 $ 62,484 Basic weighted average common shares outstanding 100,383,631 99,700,759 100,377,618 99,540,721 Dilutive effect of stock options and restricted stock units (1) (2) — 366,400 — 366,400 Diluted weighted average common shares outstanding 100,383,631 100,067,159 100,377,618 99,907,121 Basic EPS $ 0.16 $ 0.17 $ 0.48 $ 0.63 Diluted EPS $ 0.16 $ 0.17 $ 0.48 $ 0.63 (1) Excludes options to purchase 6,000 shares of common stock which were outstanding during the three months ended September 30, 2016 ; options to purchase 12,000 shares of common stock which were outstanding during the three months ended September 30, 2015 ; options to purchase 6,330 shares of common stock which were outstanding during the nine months ended September 30, 2016 ; and options to purchase 14,889 shares of common stock which were outstanding during the nine months ended September 30, 2015 because their inclusion would be anti-dilutive. (2) Excludes 737,315 unvested restricted stock units which were outstanding during the three months ended September 30, 2016 ; 760,979 unvested restricted stock units which were outstanding during the three months ended September 30, 2015 ; 743,102 unvested restricted stock units which were outstanding during the nine months ended September 30, 2016 ; and 607,856 unvested restricted stock units which were outstanding during the nine months ended September 30, 2015 because the performance conditions have not been satisfied.

Other Comprehensive Income_Lo28

Other Comprehensive Income/Loss (Tables)	9 Months Ended
	Sep. 30, 2016
Equity [Abstract]
Components of and Changes in Accumulated Other Comprehensive Loss, Net of Related Tax Effects	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 nine months ended September 30, 2016 and 2015 . (In Thousands) At Other Comprehensive (Loss) Income At Net unrealized gain on securities available-for-sale $ 7,319 $ (955 ) $ 6,364 Net actuarial loss on pension plans and other postretirement benefits (57,684 ) 356 (57,328 ) Prior service cost on pension plans and other postretirement benefits (2,991 ) 28 (2,963 ) Accumulated other comprehensive loss $ (53,356 ) $ (571 ) $ (53,927 ) (In Thousands) At Other Comprehensive Income At Net unrealized gain on securities available-for-sale $ 2,827 $ 3,537 $ 6,364 Net actuarial loss on pension plans and other postretirement benefits (58,396 ) 1,068 (57,328 ) Prior service cost on pension plans and other postretirement benefits (3,048 ) 85 (2,963 ) Accumulated other comprehensive loss $ (58,617 ) $ 4,690 $ (53,927 ) (In Thousands) At Other Comprehensive Income At Net unrealized gain on securities available-for-sale $ 3,888 $ 2,903 $ 6,791 Net actuarial loss on pension plans and other postretirement benefits (66,590 ) 442 (66,148 ) Prior service cost on pension plans and other postretirement benefits (3,105 ) 29 (3,076 ) Accumulated other comprehensive loss $ (65,807 ) $ 3,374 $ (62,433 ) (In Thousands) At Other Comprehensive Income At Net unrealized gain on securities available-for-sale $ 4,686 $ 2,105 $ 6,791 Net actuarial loss on pension plans and other postretirement benefits (67,476 ) 1,328 (66,148 ) Prior service cost on pension plans and other postretirement benefits (3,161 ) 85 (3,076 ) Accumulated other comprehensive loss $ (65,951 ) $ 3,518 $ (62,433 )
Schedule of Components of Other Comprehensive Income (Loss)	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 Benefit (Expense) After Tax Amount Net unrealized holding loss on securities available-for-sale arising during the period $ (1,603 ) $ 648 $ (955 ) Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income 598 (242 ) 356 Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income 48 (20 ) 28 Other comprehensive loss $ (957 ) $ 386 $ (571 ) For the Nine 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 $ 6,023 $ (2,435 ) $ 3,588 Reclassification adjustment for gain on sales of securities included in net income (86 ) 35 (51 ) Net unrealized gain on securities available-for-sale 5,937 (2,400 ) 3,537 Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income 1,793 (725 ) 1,068 Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income 143 (58 ) 85 Other comprehensive income $ 7,873 $ (3,183 ) $ 4,690 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 $ 4,873 $ (1,970 ) $ 2,903 Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income 743 (301 ) 442 Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income 48 (19 ) 29 Other comprehensive income $ 5,664 $ (2,290 ) $ 3,374 For the Nine 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 arising during the period $ 3,605 $ (1,457 ) $ 2,148 Reclassification adjustment for gain on sales of securities included in net income (72 ) 29 (43 ) Net unrealized gain on securities available-for-sale 3,533 (1,428 ) 2,105 Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income 2,229 (901 ) 1,328 Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income 143 (58 ) 85 Other comprehensive income $ 5,905 $ (2,387 ) $ 3,518
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 September 30, Income Statement Line Item (In Thousands) 2016 2015 Reclassification adjustment for net actuarial loss (1) $ (598 ) $ (743 ) Compensation and benefits Reclassification adjustment for prior service cost (1) (48 ) (48 ) Compensation and benefits Total reclassifications, before tax (646 ) (791 ) Income tax effect 262 320 Income tax expense Total reclassifications, net of tax $ (384 ) $ (471 ) Net income For the Nine Months Ended September 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) (1,793 ) (2,229 ) Compensation and benefits Reclassification adjustment for prior service cost (1) (143 ) (143 ) Compensation and benefits Total reclassifications, before tax (1,850 ) (2,300 ) Income tax effect 748 930 Income tax expense Total reclassifications, net of tax $ (1,102 ) $ (1,370 ) 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)	9 Months Ended
	Sep. 30, 2016
Compensation and Retirement Disclosure [Abstract]
Components of Net Periodic Cost (Benefit) 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 September 30, For the Three Months Ended September 30, (In Thousands) 2016 2015 2016 2015 Service cost $ — $ — $ 465 $ 532 Interest cost 2,510 2,482 249 251 Expected return on plan assets (3,058 ) (3,634 ) — — Recognized net actuarial loss (gain) 703 743 (105 ) — Amortization of prior service cost 48 48 — — Net periodic cost (benefit) $ 203 $ (361 ) $ 609 $ 783 Pension Benefits Other Postretirement Benefits For the Nine Months Ended September 30, For the Nine Months Ended September 30, (In Thousands) 2016 2015 2016 2015 Service cost $ — $ — $ 1,397 $ 1,597 Interest cost 7,531 7,447 746 753 Expected return on plan assets (9,174 ) (10,901 ) — — Recognized net actuarial loss (gain) 2,110 2,229 (317 ) — Amortization of prior service cost 143 143 — — Net periodic cost (benefit) $ 610 $ (1,082 ) $ 1,826 $ 2,350

Stock Incentive Plans (Tables)

Stock Incentive Plans (Tables)	9 Months Ended
	Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Restricted Common Stock and Performance-Based Restricted Stock Unit Activity	The following table summarizes restricted common stock and performance-based restricted stock unit activity in our stock incentive plans for the nine months ended September 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 (21,630 ) (14.46 ) (19,800 ) 12.41 Expired (65,000 ) (1) (13.23 ) — — Unvested at September 30, 2016 943,709 14.43 731,700 12.41 (1) Expired on June 30, 2016. Performance-based conditions were not achieved.

Regulatory Matters (Tables)

Regulatory Matters (Tables)	9 Months Ended
	Sep. 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 September 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 $ 1,563,322 10.61 % $ 589,317 4.00 % N/A N/A $ 736,646 5.00 % Common equity tier 1 risk-based 1,439,077 17.58 368,440 4.50 $ 419,612 5.125 % 532,191 6.50 Tier 1 risk-based 1,563,322 19.09 491,254 6.00 542,426 6.625 655,005 8.00 Total risk-based 1,651,504 20.17 655,005 8.00 706,177 8.625 818,756 10.00 Astoria Bank: Tier 1 leverage $ 1,720,711 11.75 % $ 585,844 4.00 % N/A N/A $ 732,305 5.00 % Common equity tier 1 risk-based 1,720,711 21.07 367,584 4.50 $ 418,637 5.125 % 530,955 6.50 Tier 1 risk-based 1,720,711 21.07 490,112 6.00 541,165 6.625 653,483 8.00 Total risk-based 1,808,893 22.14 653,483 8.00 704,536 8.625 816,853 10.00

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
Schedule of Carrying Values of Assets Measured at Estimated Fair Value on a Recurring Basis	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 September 30, 2016 (In Thousands) Total Level 1 Level 2 Securities available-for-sale: Residential mortgage-backed securities: GSE issuance REMICs and CMOs $ 266,909 $ — $ 266,909 Non-GSE issuance REMICs and CMOs 1,859 — 1,859 GSE pass-through certificates 9,450 — 9,450 Obligations of GSEs 30,011 — 30,011 Fannie Mae stock 2 2 — Total securities available-for-sale $ 308,231 $ 2 $ 308,229 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 a Non-Recurring Basis	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 September 30, 2016 At December 31, 2015 Non-performing loans held-for-sale, net $ 706 $ 1,582 Impaired loans 126,854 134,910 MSR, net 8,580 11,014 REO, net 13,166 16,307 Total $ 149,306 $ 163,813
Schedule of Gains (Losses) Recognized on Assets Measured at Fair Value on a 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 Nine Months Ended September 30, (In Thousands) 2016 2015 Non-performing loans held-for-sale, net (1) $ (120 ) $ (445 ) Impaired loans (2) (5,971 ) (3,246 ) MSR, net (3) (1,663 ) (172 ) REO, net (4) (979 ) (287 ) Total $ (8,733 ) $ (4,150 ) (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 September 30, 2016 Carrying Value Estimated Fair Value (In Thousands) Total Level 2 Level 3 Financial Assets: Securities held-to-maturity $ 2,751,175 $ 2,773,570 $ 2,773,570 $ — FHLB-NY stock 130,820 130,820 130,820 — Loans held-for-sale, net (1) 5,550 5,653 — 5,653 Loans receivable, net (1) 10,542,961 10,685,073 — 10,685,073 MSR, net (1) 8,580 8,582 — 8,582 Financial Liabilities: Deposits 8,927,644 8,953,874 8,953,874 — Borrowings, net 3,814,620 3,973,159 3,973,159 — 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 in income tax expense	$ 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	Sep. 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 | shares		200,000,000	200,000,000
Contract termination fee | $	$ 69.5
Non-Cumulative Perpetual Preferred Stock, Series C
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 ratio 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 | shares	600,000,000
New York Community Bancorp, Inc | Astoria Financial Corporation | Maximum
Business Acquisition [Line Items]
Common stock, shares authorized | shares	900,000,000
New York Community Bancorp, Inc | Astoria Financial Corporation | Non-Cumulative Perpetual Preferred Stock, Series A
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 - Schedule of Amorti

Securities - Schedule of Amortized Cost and Estimated Fair Value of Available-for-Sale and Held-to-Maturity Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Available-for-sale:
Amortized Cost	$ 304,085	$ 418,644
Gross Unrealized Gains	4,462	2,872
Gross Unrealized Losses	(316)	(4,718)
Estimated Fair Value	308,231	416,798
Held-to-maturity:
Total held-to-maturity securities	2,751,175	2,296,799
Gross Unrealized Gains	29,527	11,146
Gross Unrealized Losses	(7,132)	(21,853)
Estimated Fair Value	2,773,570	2,286,092
GSE issuance REMICs and CMOs
Available-for-sale:
Amortized Cost	263,153	331,099
Gross Unrealized Gains	4,031	2,374
Gross Unrealized Losses	(275)	(2,934)
Estimated Fair Value	266,909	330,539
Held-to-maturity:
Total held-to-maturity securities	1,119,583	1,361,907
Gross Unrealized Gains	14,824	8,135
Gross Unrealized Losses	(1,877)	(14,128)
Estimated Fair Value	1,132,530	1,355,914
Non-GSE issuance REMICs and CMOs
Available-for-sale:
Amortized Cost	1,856	3,048
Gross Unrealized Gains	4	13
Gross Unrealized Losses	(1)	(7)
Estimated Fair Value	1,859	3,054
Held-to-maturity:
Total held-to-maturity securities	194	198
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(6)	(5)
Estimated Fair Value	188	193
GSE pass-through certificates
Available-for-sale:
Amortized Cost	9,061	10,781
Gross Unrealized Gains	390	485
Gross Unrealized Losses	(1)	(2)
Estimated Fair Value	9,450	11,264
Held-to-maturity:
Total held-to-maturity securities	226,896	260,707
Gross Unrealized Gains	4,165	1,535
Gross Unrealized Losses	(427)	(3,413)
Estimated Fair Value	230,634	258,829
Total residential mortgage-backed securities
Available-for-sale:
Amortized Cost	274,070	344,928
Gross Unrealized Gains	4,425	2,872
Gross Unrealized Losses	(277)	(2,943)
Estimated Fair Value	278,218	344,857
Held-to-maturity:
Total held-to-maturity securities	1,346,673	1,622,812
Gross Unrealized Gains	18,989	9,670
Gross Unrealized Losses	(2,310)	(17,546)
Estimated Fair Value	1,363,352	1,614,936
Obligations of GSEs
Available-for-sale:
Amortized Cost	30,000	73,701
Gross Unrealized Gains	37	0
Gross Unrealized Losses	(26)	(1,762)
Estimated Fair Value	30,011	71,939
Held-to-maturity:
Total held-to-maturity securities	359,357	178,967
Gross Unrealized Gains	629	220
Gross Unrealized Losses	(713)	(480)
Estimated Fair Value	359,273	178,707
Fannie Mae stock
Available-for-sale:
Amortized Cost	15	15
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(13)	(13)
Estimated Fair Value	2	2
GSE issuance REMICs
Held-to-maturity:
Total held-to-maturity securities	964,778	434,587
Gross Unrealized Gains	9,583	1,255
Gross Unrealized Losses	(747)	(2,334)
Estimated Fair Value	973,614	433,508
Corporate Debt securities
Held-to-maturity:
Total held-to-maturity securities	80,000	60,000
Gross Unrealized Gains	325	0
Gross Unrealized Losses	(3,362)	(1,493)
Estimated Fair Value	76,963	58,507
Other
Held-to-maturity:
Total held-to-maturity securities	367	433
Gross Unrealized Gains	1	1
Gross Unrealized Losses	0	0
Estimated Fair Value	$ 368	$ 434

Securities - Schedule of Estima

Securities - Schedule of Estimated Fair Values of Securities with Gross Unrealized Losses (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Estimated Fair Value
Less Than Twelve Months	$ 28,349	$ 214,138
Twelve Months or Longer	21,574	47,506
Total	49,923	261,644
Gross Unrealized Losses
Less Than Twelve Months	(81)	(3,327)
Twelve Months or Longer	(235)	(1,391)
Total	(316)	(4,718)
Estimated Fair Value
Less Than Twelve Months	588,127	895,094
Twelve Months or Longer	222,688	396,576
Total	810,815	1,291,670
Gross Unrealized Losses
Less Than Twelve Months	(4,662)	(8,865)
Twelve Months or Longer	(2,470)	(12,988)
Total	(7,132)	(21,853)
GSE issuance REMICs and CMOs
Estimated Fair Value
Less Than Twelve Months	13,375	189,364
Twelve Months or Longer	21,347	0
Total	34,722	189,364
Gross Unrealized Losses
Less Than Twelve Months	(55)	(2,934)
Twelve Months or Longer	(220)	0
Total	(275)	(2,934)
Estimated Fair Value
Less Than Twelve Months	130,318	395,659
Twelve Months or Longer	147,383	289,645
Total	277,701	685,304
Gross Unrealized Losses
Less Than Twelve Months	(353)	(3,972)
Twelve Months or Longer	(1,524)	(10,156)
Total	(1,877)	(14,128)
Non-GSE issuance REMICs and CMOs
Estimated Fair Value
Less Than Twelve Months	0	75
Twelve Months or Longer	105	64
Total	105	139
Gross Unrealized Losses
Less Than Twelve Months	0	(2)
Twelve Months or Longer	(1)	(5)
Total	(1)	(7)
Estimated Fair Value
Less Than Twelve Months	0	0
Twelve Months or Longer	188	193
Total	188	193
Gross Unrealized Losses
Less Than Twelve Months	0	0
Twelve Months or Longer	(6)	(5)
Total	(6)	(5)
GSE pass-through certificates
Estimated Fair Value
Less Than Twelve Months	0	97
Twelve Months or Longer	120	103
Total	120	200
Gross Unrealized Losses
Less Than Twelve Months	0	(1)
Twelve Months or Longer	(1)	(1)
Total	(1)	(2)
Estimated Fair Value
Less Than Twelve Months	0	56,503
Twelve Months or Longer	65,629	106,738
Total	65,629	163,241
Gross Unrealized Losses
Less Than Twelve Months	0	(586)
Twelve Months or Longer	(427)	(2,827)
Total	(427)	(3,413)
Obligations of GSEs
Estimated Fair Value
Less Than Twelve Months	14,974	24,602
Twelve Months or Longer	0	47,337
Total	14,974	71,939
Gross Unrealized Losses
Less Than Twelve Months	(26)	(390)
Twelve Months or Longer	0	(1,372)
Total	(26)	(1,762)
Estimated Fair Value
Less Than Twelve Months	125,623	107,824
Twelve Months or Longer	0	0
Total	125,623	107,824
Gross Unrealized Losses
Less Than Twelve Months	(713)	(480)
Twelve Months or Longer	0	0
Total	(713)	(480)
GSE issuance REMICs
Estimated Fair Value
Less Than Twelve Months	275,035	276,601
Twelve Months or Longer	0	0
Total	275,035	276,601
Gross Unrealized Losses
Less Than Twelve Months	(747)	(2,334)
Twelve Months or Longer	0	0
Total	(747)	(2,334)
Fannie Mae stock
Estimated Fair Value
Less Than Twelve Months	0	0
Twelve Months or Longer	2	2
Total	2	2
Gross Unrealized Losses
Less Than Twelve Months	0	0
Twelve Months or Longer	(13)	(13)
Total	(13)	(13)
Corporate Debt securities
Estimated Fair Value
Less Than Twelve Months	57,151	58,507
Twelve Months or Longer	9,488	0
Total	66,639	58,507
Gross Unrealized Losses
Less Than Twelve Months	(2,849)	(1,493)
Twelve Months or Longer	(513)	0
Total	$ (3,362)	$ (1,493)

Securities - Narrative (Details

Securities - Narrative (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)security	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)security	Sep. 30, 2015USD ($)	Dec. 31, 2015USD ($)security
Investments, Debt and Equity Securities [Abstract]
Number of securities held with unrealized loss | security	84		84		129
Proceeds from sales of securities available-for-sale			$ 23,065	$ 19,026
Gain on sales of securities	$ 0	$ 0	86	$ 72
Securities
Available-for-sale securities, estimated fair value	308,231		308,231		$ 416,798
Held-to-maturity securities, amortized cost	2,751,175		2,751,175		2,296,799
Held-to-maturity securities, estimated fair value	2,773,570		2,773,570		2,286,092
Callable securities, amortized cost	344,400		344,400
Callable securities amortized cost, callable within one year and thereafter	328,000		328,000
Accrued interest receivable for securities	8,000		8,000		$ 7,400
Available-for-sale debt securities, excluding mortgage-backed securities
Securities
Available-for-sale debt securities, amortized cost	30,000		30,000
Available-for-sale securities, estimated fair value	30,000		30,000
Held-to-maturity debt securities, excluding mortgage-backed securities
Securities
Held-to-maturity securities, amortized cost	439,700		439,700
Held-to-maturity securities, estimated fair value	$ 436,600		$ 436,600

Loans Receivable and Allowanc38

Loans Receivable and Allowance for Loan Losses - Composition of Loans Receivable Portfolio and Aging Analysis by Accruing and Non-Accrual Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Jun. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014
Loans receivable and allowance for loan losses disclosures
Total loans	$ 10,592,996		$ 11,111,727
Total Past Due	196,803		199,875
Current	10,396,193		10,911,852
Net unamortized premiums and deferred loan origination costs	37,665		41,354
Loans receivable	10,630,661		11,153,081
Allowance for loan losses	(87,700)	$ (90,000)	(98,000)	$ (103,500)	$ (107,500)	$ (111,600)
Loans receivable, net	10,542,961		11,055,081
Accruing loans
Loans receivable and allowance for loan losses disclosures
Total loans	10,442,568		10,973,843
Total Past Due	85,203		105,861
Current	10,357,365		10,867,982
Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total loans	150,428		137,884
Total Past Due	111,600		94,014
Current	38,828		43,870
Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total loans	10,350,717		10,859,034
Total Past Due	190,067		189,907
Current	10,160,650		10,669,127
Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total loans	10,205,289		10,728,258
Total Past Due	83,467		103,001
Current	10,121,822		10,625,257
Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total loans	145,428		130,776
Total Past Due	106,600		86,906
Current	38,828		43,870
30-59 Days
Loans receivable and allowance for loan losses disclosures
Total Past Due	77,630		90,073
30-59 Days | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	72,002		81,851
30-59 Days | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	5,628		8,222
30-59 Days | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	76,471		87,715
30-59 Days | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	70,843		79,493
30-59 Days | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	5,628		8,222
60-89 Days
Loans receivable and allowance for loan losses disclosures
Total Past Due	15,343		25,848
60-89 Days | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	12,725		23,678
60-89 Days | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	2,618		2,170
60-89 Days | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	14,766		25,346
60-89 Days | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	12,148		23,176
60-89 Days | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	2,618		2,170
90 Days or More
Loans receivable and allowance for loan losses disclosures
Total Past Due	103,830		83,954
90 Days or More | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	476		332
90 Days or More | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	103,354		83,622
90 Days or More | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	98,830		76,846
90 Days or More | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	476		332
90 Days or More | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	98,354		76,514
Residential | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total loans	5,500,414		6,015,415
Total Past Due	182,338		179,639
Current	5,318,076		5,835,776
Allowance for loan losses	(38,362)	(41,220)	(44,951)	(42,241)	(44,546)	(46,283)
Residential | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total loans	5,365,488		5,895,411
Total Past Due	78,825		97,335
Current	5,286,663		5,798,076
Residential | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total loans	134,926		120,004
Total Past Due	103,513		82,304
Current	31,413		37,700
Residential | Mortgage loans (gross) | Full documentation interest-only
Loans receivable and allowance for loan losses disclosures
Total loans	289,625		432,288
Total Past Due	16,833		24,968
Current	272,792		407,320
Loans receivable	289,625		432,288
Residential | Mortgage loans (gross) | Full documentation interest-only | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total loans	273,586		413,913
Total Past Due	5,181		12,427
Current	268,405		401,486
Residential | Mortgage loans (gross) | Full documentation interest-only | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total loans	16,039		18,375
Total Past Due	11,652		12,541
Current	4,387		5,834
Residential | Mortgage loans (gross) | Full documentation amortizing
Loans receivable and allowance for loan losses disclosures
Total loans	4,441,654		4,697,966
Total Past Due	88,803		87,546
Current	4,352,851		4,610,420
Loans receivable	4,441,654		4,697,966
Residential | Mortgage loans (gross) | Full documentation amortizing | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total loans	4,386,528		4,653,769
Total Past Due	43,781		50,829
Current	4,342,747		4,602,940
Residential | Mortgage loans (gross) | Full documentation amortizing | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total loans	55,126		44,197
Total Past Due	45,022		36,717
Current	10,104		7,480
Residential | Mortgage loans (gross) | Reduced documentation interest-only
Loans receivable and allowance for loan losses disclosures
Total loans	142,092		303,231
Total Past Due	17,663		25,696
Current	124,429		277,535
Loans receivable	142,092		303,231
Residential | Mortgage loans (gross) | Reduced documentation interest-only | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total loans	123,743		275,659
Total Past Due	4,435		9,575
Current	119,308		266,084
Residential | Mortgage loans (gross) | Reduced documentation interest-only | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total loans	18,349		27,572
Total Past Due	13,228		16,121
Current	5,121		11,451
Residential | Mortgage loans (gross) | Reduced documentation amortizing
Loans receivable and allowance for loan losses disclosures
Total loans	627,043		581,930
Total Past Due	59,039		41,429
Current	568,004		540,501
Loans receivable	627,043		581,930
Residential | Mortgage loans (gross) | Reduced documentation amortizing | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total loans	581,631		552,070
Total Past Due	25,428		24,504
Current	556,203		527,566
Residential | Mortgage loans (gross) | Reduced documentation amortizing | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total loans	45,412		29,860
Total Past Due	33,611		16,925
Current	11,801		12,935
Residential | 30-59 Days | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	71,373		84,841
Residential | 30-59 Days | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	67,009		77,585
Residential | 30-59 Days | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	4,364		7,256
Residential | 30-59 Days | Mortgage loans (gross) | Full documentation interest-only
Loans receivable and allowance for loan losses disclosures
Total Past Due	4,948		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	4,948		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	39,894		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	36,938		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	2,956		3,579
Residential | 30-59 Days | Mortgage loans (gross) | Reduced documentation interest-only
Loans receivable and allowance for loan losses disclosures
Total Past Due	3,711		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	3,711		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	0		257
Residential | 30-59 Days | Mortgage loans (gross) | Reduced documentation amortizing
Loans receivable and allowance for loan losses disclosures
Total Past Due	22,820		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	21,412		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	1,408		2,238
Residential | 60-89 Days | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	14,028		20,965
Residential | 60-89 Days | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	11,816		19,418
Residential | 60-89 Days | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	2,212		1,547
Residential | 60-89 Days | Mortgage loans (gross) | Full documentation interest-only
Loans receivable and allowance for loan losses disclosures
Total Past Due	393		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	233		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	160		0
Residential | 60-89 Days | Mortgage loans (gross) | Full documentation amortizing
Loans receivable and allowance for loan losses disclosures
Total Past Due	7,893		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	6,843		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	1,050		603
Residential | 60-89 Days | Mortgage loans (gross) | Reduced documentation interest-only
Loans receivable and allowance for loan losses disclosures
Total Past Due	724		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	724		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	0		579
Residential | 60-89 Days | Mortgage loans (gross) | Reduced documentation amortizing
Loans receivable and allowance for loan losses disclosures
Total Past Due	5,018		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	4,016		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	1,002		365
Residential | 90 Days or More | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	96,937		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	96,937		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	11,492		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	11,492		11,359
Residential | 90 Days or More | Mortgage loans (gross) | Full documentation amortizing
Loans receivable and allowance for loan losses disclosures
Total Past Due	41,016		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	41,016		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	13,228		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	13,228		15,285
Residential | 90 Days or More | Mortgage loans (gross) | Reduced documentation amortizing
Loans receivable and allowance for loan losses disclosures
Total Past Due	31,201		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	31,201		14,322
Multi-Family | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total loans	4,092,509		4,024,105
Total Past Due	6,745		7,520
Current	4,085,764		4,016,585
Loans receivable	4,092,509		4,024,105
Allowance for loan losses	(34,405)	(32,131)	(35,544)	(38,866)	(38,794)	(39,250)
Multi-Family | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total loans	4,087,239		4,017,272
Total Past Due	4,046		3,731
Current	4,083,193		4,013,541
Multi-Family | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total loans	5,270		6,833
Total Past Due	2,699		3,789
Current	2,571		3,044
Multi-Family | 30-59 Days | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	4,290		2,387
Multi-Family | 30-59 Days | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	3,414		1,662
Multi-Family | 30-59 Days | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	876		725
Multi-Family | 60-89 Days | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	562		2,692
Multi-Family | 60-89 Days | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	156		2,069
Multi-Family | 60-89 Days | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	406		623
Multi-Family | 90 Days or More | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	1,893		2,441
Multi-Family | 90 Days or More | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	476		0
Multi-Family | 90 Days or More | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	1,417		2,441
Commercial Real Estate | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total loans	757,794		819,514
Total Past Due	984		2,748
Current	756,810		816,766
Loans receivable	757,794		819,514
Allowance for loan losses	(9,425)	(9,709)	(11,217)	(13,419)	(15,390)	(17,242)
Commercial Real Estate | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total loans	752,562		815,575
Total Past Due	596		1,935
Current	751,966		813,640
Commercial Real Estate | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total loans	5,232		3,939
Total Past Due	388		813
Current	4,844		3,126
Commercial Real Estate | 30-59 Days | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	808		487
Commercial Real Estate | 30-59 Days | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	420		246
Commercial Real Estate | 30-59 Days | Mortgage loans (gross) | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	388		241
Commercial Real Estate | 60-89 Days | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	176		1,689
Commercial Real Estate | 60-89 Days | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	176		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	0		0
Commercial Real Estate | 90 Days or More | Mortgage loans (gross)
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		572
Commercial Real Estate | 90 Days or More | Mortgage loans (gross) | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	0		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 loans	242,279		252,693
Total Past Due	6,736		9,968
Current	235,543		242,725
Allowance for loan losses	(5,508)	$ (6,940)	(6,288)	$ (8,974)	$ (8,770)	$ (8,825)
Consumer and Other Loans | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total loans	237,279		245,585
Total Past Due	1,736		2,860
Current	235,543		242,725
Consumer and Other Loans | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total loans	5,000		7,108
Total Past Due	5,000		7,108
Current	0		0
Consumer and Other Loans | Home equity and other consumer
Loans receivable and allowance for loan losses disclosures
Total loans	144,834		160,819
Total Past Due	5,925		9,265
Current	138,909		151,554
Consumer and Other Loans | Home equity and other consumer | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total loans	140,116		154,414
Total Past Due	1,207		2,860
Current	138,909		151,554
Consumer and Other Loans | Home equity and other consumer | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total loans	4,718		6,405
Total Past Due	4,718		6,405
Current	0		0
Consumer and Other Loans | Commercial and industrial
Loans receivable and allowance for loan losses disclosures
Total loans	97,445		91,874
Total Past Due	811		703
Current	96,634		91,171
Loans receivable	97,445		91,874
Consumer and Other Loans | Commercial and industrial | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total loans	97,163		91,171
Total Past Due	529		0
Current	96,634		91,171
Consumer and Other Loans | Commercial and industrial | Non-accrual loans
Loans receivable and allowance for loan losses disclosures
Total loans	282		703
Total Past Due	282		703
Current	0		0
Consumer and Other Loans | 30-59 Days
Loans receivable and allowance for loan losses disclosures
Total Past Due	1,159		2,358
Consumer and Other Loans | 30-59 Days | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	1,159		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	1,159		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	1,159		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	577		502
Consumer and Other Loans | 60-89 Days | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	577		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	48		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	48		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	529		0
Consumer and Other Loans | 60-89 Days | Commercial and industrial | Accruing loans
Loans receivable and allowance for loan losses disclosures
Total Past Due	529		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	5,000		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	5,000		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	4,718		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	4,718		6,405
Consumer and Other Loans | 90 Days or More | Commercial and industrial
Loans receivable and allowance for loan losses disclosures
Total Past Due	282		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	9 Months Ended
	Sep. 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	$ 73.6

Loans Receivable and Allowanc40

Loans Receivable and Allowance for Loan Losses - Changes in Allowance for Loan Losses by Loan Receivable Segment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Allowance for Loan and Lease Losses [Roll Forward]
Balance at the beginning of the period	$ 90,000	$ 107,500	$ 98,000	$ 111,600
Provision (credited) charged to operations	(995)	(4,439)	(7,128)	(7,749)
Charge-offs	(3,578)	(1,615)	(8,401)	(5,896)
Recoveries	2,273	2,054	5,229	5,545
Balance at the end of the period	87,700	103,500	87,700	103,500
Consumer and Other Loans
Allowance for Loan and Lease Losses [Roll Forward]
Balance at the beginning of the period	6,940	8,770	6,288	8,825
Provision (credited) charged to operations	(1,434)	202	(75)	363
Charge-offs	(378)	(80)	(1,238)	(515)
Recoveries	380	82	533	301
Balance at the end of the period	5,508	8,974	5,508	8,974
Mortgage Loans | Residential
Allowance for Loan and Lease Losses [Roll Forward]
Balance at the beginning of the period	41,220	44,546	44,951	46,283
Provision (credited) charged to operations	(505)	(1,992)	(2,025)	(2,346)
Charge-offs	(2,822)	(982)	(6,313)	(4,341)
Recoveries	469	669	1,749	2,645
Balance at the end of the period	38,362	42,241	38,362	42,241
Mortgage Loans | Multi-Family
Allowance for Loan and Lease Losses [Roll Forward]
Balance at the beginning of the period	32,131	38,794	35,544	39,250
Provision (credited) charged to operations	1,831	409	(2,696)	(998)
Charge-offs	0	(553)	(409)	(898)
Recoveries	443	216	1,966	1,512
Balance at the end of the period	34,405	38,866	34,405	38,866
Mortgage Loans | Commercial Real Estate
Allowance for Loan and Lease Losses [Roll Forward]
Balance at the beginning of the period	9,709	15,390	11,217	17,242
Provision (credited) charged to operations	(887)	(3,058)	(2,332)	(4,768)
Charge-offs	(378)	0	(441)	(142)
Recoveries	981	1,087	981	1,087
Balance at the end of the period	$ 9,425	$ 13,419	$ 9,425	$ 13,419

Loans Receivable and Allowanc41

Loans Receivable and Allowance for Loan Losses - Balances of Residential Interest-Only Mortgage Loans (Details) - Residential Mortgage Loans - Interest-only loans $ in Thousands	Sep. 30, 2016USD ($)
Amortization scheduled to begin in:
12 months or less	$ 329,098
13 to 24 months	80,135
25 to 36 months	10,375
Over 36 months	12,109
Total	$ 431,717

Loans Receivable and Allowanc42

Loans Receivable and Allowance for Loan Losses - Balances of Loan Receivable Segments by Class and Credit Quality Indicator, Residential Mortgage and Consumer and Other (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment
Loans receivable	$ 10,630,661	$ 11,153,081
Consumer and Other Loans | Home Equity and Other Consumer
Financing Receivable, Recorded Investment
Loans receivable	144,834	160,819
Consumer and Other Loans | Commercial and Industrial
Financing Receivable, Recorded Investment
Loans receivable	97,445	91,874
Mortgage Loans | Residential Mortgage Loans | Full Documentation Interest-Only
Financing Receivable, Recorded Investment
Loans receivable	289,625	432,288
Mortgage Loans | Residential Mortgage Loans | Full Documentation Amortizing
Financing Receivable, Recorded Investment
Loans receivable	4,441,654	4,697,966
Mortgage Loans | Residential Mortgage Loans | Reduced Documentation Interest-Only
Financing Receivable, Recorded Investment
Loans receivable	142,092	303,231
Mortgage Loans | Residential Mortgage Loans | Reduced Documentation Amortizing
Financing Receivable, Recorded Investment
Loans receivable	627,043	581,930
Performing | Consumer and Other Loans | Home Equity and Other Consumer
Financing Receivable, Recorded Investment
Loans receivable	140,116	154,414
Performing | Consumer and Other Loans | Commercial and Industrial
Financing Receivable, Recorded Investment
Loans receivable	97,163	91,171
Performing | Mortgage Loans | Residential Mortgage Loans | Full Documentation Interest-Only
Financing Receivable, Recorded Investment
Loans receivable	273,586	413,913
Performing | Mortgage Loans | Residential Mortgage Loans | Full Documentation Amortizing
Financing Receivable, Recorded Investment
Loans receivable	4,386,528	4,653,437
Performing | Mortgage Loans | Residential Mortgage Loans | Reduced Documentation Interest-Only
Financing Receivable, Recorded Investment
Loans receivable	123,743	275,659
Performing | Mortgage Loans | Residential Mortgage Loans | Reduced Documentation Amortizing
Financing Receivable, Recorded Investment
Loans receivable	581,631	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
Loans receivable	0	0
Non-performing | Consumer and Other Loans | Home Equity and Other Consumer | Past due 90 days or more
Financing Receivable, Recorded Investment
Loans receivable	4,718	6,405
Non-performing | Consumer and Other Loans | Commercial and Industrial | Current or past due less than 90 days
Financing Receivable, Recorded Investment
Loans receivable	0	0
Non-performing | Consumer and Other Loans | Commercial and Industrial | Past due 90 days or more
Financing Receivable, Recorded Investment
Loans receivable	282	703
Non-performing | Mortgage Loans | Residential Mortgage Loans | Full Documentation Interest-Only | Current or past due less than 90 days
Financing Receivable, Recorded Investment
Loans receivable	4,547	7,016
Non-performing | Mortgage Loans | Residential Mortgage Loans | Full Documentation Interest-Only | Past due 90 days or more
Financing Receivable, Recorded Investment
Loans receivable	11,492	11,359
Non-performing | Mortgage Loans | Residential Mortgage Loans | Full Documentation Amortizing | Current or past due less than 90 days
Financing Receivable, Recorded Investment
Loans receivable	14,110	11,662
Non-performing | Mortgage Loans | Residential Mortgage Loans | Full Documentation Amortizing | Past due 90 days or more
Financing Receivable, Recorded Investment
Loans receivable	41,016	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
Loans receivable	5,121	12,287
Non-performing | Mortgage Loans | Residential Mortgage Loans | Reduced Documentation Interest-Only | Past due 90 days or more
Financing Receivable, Recorded Investment
Loans receivable	13,228	15,285
Non-performing | Mortgage Loans | Residential Mortgage Loans | Reduced Documentation Amortizing | Current or past due less than 90 days
Financing Receivable, Recorded Investment
Loans receivable	14,211	15,538
Non-performing | Mortgage Loans | Residential Mortgage Loans | Reduced Documentation Amortizing | Past due 90 days or more
Financing Receivable, Recorded Investment
Loans receivable	$ 31,201	$ 14,322

Loans Receivable and Allowanc43

Loans Receivable and Allowance for Loan Losses - Balances of Loan Receivable Segments by Class and Credit Quality Indicator, Multi-Family and Commercial Real Estate Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Financing Receivable, Recorded Investment
Loans receivable	$ 10,630,661	$ 11,153,081
Mortgage Loans | Multi-Family
Financing Receivable, Recorded Investment
Loans receivable	4,092,509	4,024,105
Mortgage Loans | Multi-Family | Not criticized
Financing Receivable, Recorded Investment
Loans receivable	4,054,211	3,981,050
Mortgage Loans | Multi-Family | Special mention
Financing Receivable, Recorded Investment
Loans receivable	21,214	14,931
Mortgage Loans | Multi-Family | Substandard
Financing Receivable, Recorded Investment
Loans receivable	17,084	28,124
Mortgage Loans | Multi-Family | Doubtful
Financing Receivable, Recorded Investment
Loans receivable	0	0
Mortgage Loans | Commercial Real Estate
Financing Receivable, Recorded Investment
Loans receivable	757,794	819,514
Mortgage Loans | Commercial Real Estate | Not criticized
Financing Receivable, Recorded Investment
Loans receivable	728,058	769,029
Mortgage Loans | Commercial Real Estate | Special mention
Financing Receivable, Recorded Investment
Loans receivable	11,605	20,441
Mortgage Loans | Commercial Real Estate | Substandard
Financing Receivable, Recorded Investment
Loans receivable	18,131	30,044
Mortgage Loans | Commercial Real Estate | Doubtful
Financing Receivable, Recorded Investment
Loans receivable	$ 0	$ 0

Loans Receivable and Allowanc44

Loans Receivable and Allowance for Loan Losses - Balances of Loans Receivable and Related Allowance for Loan Loss Allocation (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Jun. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014
Loans:
Individually evaluated for impairment	$ 221,356		$ 237,518
Collectively evaluated for impairment	10,371,640		10,874,209
Loans receivable	10,592,996		11,111,727
Allowance for loan losses:
Individually evaluated for impairment	10,258		14,813
Collectively evaluated for impairment	77,442		83,187
Total allowance for loan losses	87,700	$ 90,000	98,000	$ 103,500	$ 107,500	$ 111,600
Consumer and Other Loans
Loans:
Individually evaluated for impairment	4,514		4,968
Collectively evaluated for impairment	237,765		247,725
Loans receivable	242,279		252,693
Allowance for loan losses:
Individually evaluated for impairment	319		421
Collectively evaluated for impairment	5,189		5,867
Total allowance for loan losses	5,508	6,940	6,288	8,974	8,770	8,825
Mortgage Loans | Residential
Loans:
Individually evaluated for impairment	197,176		192,914
Collectively evaluated for impairment	5,303,238		5,822,501
Loans receivable	5,500,414		6,015,415
Allowance for loan losses:
Individually evaluated for impairment	9,921		13,148
Collectively evaluated for impairment	28,441		31,803
Total allowance for loan losses	38,362	41,220	44,951	42,241	44,546	46,283
Mortgage Loans | Multi-Family
Loans:
Individually evaluated for impairment	9,469		24,643
Collectively evaluated for impairment	4,083,040		3,999,462
Loans receivable	4,092,509		4,024,105
Allowance for loan losses:
Individually evaluated for impairment	17		456
Collectively evaluated for impairment	34,388		35,088
Total allowance for loan losses	34,405	32,131	35,544	38,866	38,794	39,250
Mortgage Loans | Commercial Real Estate
Loans:
Individually evaluated for impairment	10,197		14,993
Collectively evaluated for impairment	747,597		804,521
Loans receivable	757,794		819,514
Allowance for loan losses:
Individually evaluated for impairment	1		788
Collectively evaluated for impairment	9,424		10,429
Total allowance for loan losses	$ 9,425	$ 9,709	$ 11,217	$ 13,419	$ 15,390	$ 17,242

Loans Receivable and Allowanc45

Loans Receivable and Allowance for Loan Losses - Impaired Loans by Segment and Class (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
With an allowance recorded:
Related Allowance	$ (10,258)	$ (14,813)
Total impaired loans
Unpaid Principal Balance	254,043	271,192
Recorded Investment	221,356	237,518
Related Allowance	(10,258)	(14,813)
Net Investment	211,098	222,705
Home equity lines of credit | Home equity lines of credit
With an allowance recorded:
Unpaid Principal Balance	4,591	5,295
Recorded Investment	4,232	4,968
Related Allowance	(319)	(421)
Net Investment	3,913	4,547
Total impaired loans
Related Allowance	(319)	(421)
Mortgage Loans | Residential | Full documentation interest-only
With an allowance recorded:
Unpaid Principal Balance	26,329	37,454
Recorded Investment	20,955	30,631
Related Allowance	(2,383)	(4,051)
Net Investment	18,572	26,580
Total impaired loans
Related Allowance	(2,383)	(4,051)
Mortgage Loans | Residential | Full documentation amortizing
With an allowance recorded:
Unpaid Principal Balance	85,959	69,242
Recorded Investment	77,475	63,223
Related Allowance	(3,767)	(2,534)
Net Investment	73,708	60,689
Total impaired loans
Related Allowance	(3,767)	(2,534)
Mortgage Loans | Residential | Reduced documentation interest-only
With an allowance recorded:
Unpaid Principal Balance	35,748	55,939
Recorded Investment	29,537	46,540
Related Allowance	(1,705)	(4,253)
Net Investment	27,832	42,287
Total impaired loans
Related Allowance	(1,705)	(4,253)
Mortgage Loans | Residential | Reduced documentation amortizing
With an allowance recorded:
Unpaid Principal Balance	78,493	57,955
Recorded Investment	69,209	52,520
Related Allowance	(2,066)	(2,310)
Net Investment	67,143	50,210
Total impaired loans
Related Allowance	(2,066)	(2,310)
Mortgage Loans | Multi-family
With an allowance recorded:
Unpaid Principal Balance	3,370	8,029
Recorded Investment	3,380	7,950
Related Allowance	(17)	(456)
Net Investment	3,363	7,494
Without an allowance recorded:
Unpaid Principal Balance	6,868	19,523
Recorded Investment	6,089	16,693
Net Investment	6,089	16,693
Total impaired loans
Related Allowance	(17)	(456)
Mortgage Loans | Commercial real estate
With an allowance recorded:
Unpaid Principal Balance	269	6,651
Recorded Investment	269	6,723
Related Allowance	(1)	(788)
Net Investment	268	5,935
Without an allowance recorded:
Unpaid Principal Balance	11,686	11,104
Recorded Investment	9,928	8,270
Net Investment	9,928	8,270
Total impaired loans
Related Allowance	(1)	(788)
Mortgage Loans | Commercial and industrial
Without an allowance recorded:
Unpaid Principal Balance	730	0
Recorded Investment	282	0
Net Investment	$ 282	$ 0

Loans Receivable and Allowanc46

Loans Receivable and Allowance for Loan Losses - Average Recorded Investment, Interest Income Recognized and Cash Basis Interest Income Related to Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Total impaired loans
Average Recorded Investment	$ 225,411	$ 241,074	$ 229,537	$ 244,346
Interest Income Recognized	1,835	2,218	5,542	6,731
Cash Basis Interest Income	1,843	2,212	5,646	6,774
Consumer and Other Loans | Home equity lines of credit
With an allowance recorded:
Average Recorded Investment	4,335	5,651	4,544	5,740
Interest Income Recognized	14	13	37	32
Cash Basis Interest Income	14	15	37	40
Mortgage Loans | Residential | Full documentation interest-only
With an allowance recorded:
Average Recorded Investment	23,076	38,691	26,269	41,725
Interest Income Recognized	135	265	378	798
Cash Basis Interest Income	135	268	393	807
Mortgage Loans | Residential | Full documentation amortizing
With an allowance recorded:
Average Recorded Investment	76,480	55,466	70,669	49,727
Interest Income Recognized	548	433	1,642	1,309
Cash Basis Interest Income	556	430	1,677	1,323
Mortgage Loans | Residential | Reduced documentation interest-only
With an allowance recorded:
Average Recorded Investment	30,764	66,137	36,941	71,266
Interest Income Recognized	265	620	817	1,927
Cash Basis Interest Income	267	617	815	1,911
Mortgage Loans | Residential | Reduced documentation amortizing
With an allowance recorded:
Average Recorded Investment	68,062	30,566	62,632	24,757
Interest Income Recognized	596	336	1,804	966
Cash Basis Interest Income	577	323	1,815	972
Mortgage Loans | Multi-Family
With an allowance recorded:
Average Recorded Investment	4,084	7,458	5,449	16,000
Interest Income Recognized	58	72	154	236
Cash Basis Interest Income	58	72	168	238
Without an allowance recorded:
Average Recorded Investment	7,401	20,232	10,388	16,995
Interest Income Recognized	81	240	246	748
Cash Basis Interest Income	81	246	257	753
Mortgage Loans | Commercial Real Estate
With an allowance recorded:
Average Recorded Investment	307	6,927	2,091	13,163
Interest Income Recognized	3	82	15	219
Cash Basis Interest Income	4	73	17	223
Without an allowance recorded:
Average Recorded Investment	10,761	9,946	10,483	4,973
Interest Income Recognized	131	157	429	496
Cash Basis Interest Income	147	168	447	507
Mortgage Loans | Commercial and industrial
Without an allowance recorded:
Average Recorded Investment	141	0	71	0
Interest Income Recognized	4	0	20	0
Cash Basis Interest Income	$ 4	$ 0	$ 20	$ 0

Loans Receivable and Allowanc47

Loans Receivable and Allowance for Loan Losses - Mortgage Loans Receivable by Segment and Class, Modified in a Troubled Debt Restructuring (Details) - Mortgage Loans $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)loan	Sep. 30, 2015USD ($)loan	Sep. 30, 2016USD ($)loan	Sep. 30, 2015USD ($)loan
Information about mortgage loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan	8	17	37	45
Pre- Modification Recorded Investment	$ 2,888	$ 4,514	$ 13,928	$ 16,202
Recorded Investment	$ 2,730	$ 4,457	$ 13,424	$ 15,927
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	9	12
Pre- Modification Recorded Investment	$ 895	$ 1,270	$ 3,481	$ 4,620
Recorded Investment	$ 803	$ 1,239	$ 3,350	$ 4,505
Residential Mortgage Loans | Full documentation amortizing
Information about mortgage loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan	4	6	17	17
Pre- Modification Recorded Investment	$ 1,404	$ 1,156	$ 6,269	$ 4,357
Recorded Investment	$ 1,340	$ 1,138	$ 6,020	$ 4,241
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	4	4	9
Pre- Modification Recorded Investment	$ 589	$ 1,324	$ 1,801	$ 3,220
Recorded Investment	$ 587	$ 1,323	$ 1,761	$ 3,233
Residential Mortgage Loans | Reduced documentation amortizing
Information about mortgage loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan	0	3	5	5
Pre- Modification Recorded Investment	$ 0	$ 764	$ 1,524	$ 1,103
Recorded Investment	$ 0	$ 757	$ 1,497	$ 1,099
Multi-Family
Information about mortgage loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan			1	0
Pre- Modification Recorded Investment			$ 338	$ 0
Recorded Investment			$ 332	$ 0
Commercial Real Estate
Information about mortgage loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan			1	2
Pre- Modification Recorded Investment			$ 515	$ 2,902
Recorded Investment			$ 464	$ 2,849

Loans Receivable and Allowanc48

Loans Receivable and Allowance for Loan Losses - Mortgage Loans Receivable by Segment and Class, Modified in a Troubled Debt Restructuring, Payment Default Subsequent to the Modification (Details) - Mortgage Loans $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)loan	Sep. 30, 2015USD ($)loan	Sep. 30, 2016USD ($)loan	Sep. 30, 2015USD ($)loan
Information about loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan	9	16	10	18
Recorded Investment | $	$ 4,317	$ 5,418	$ 4,783	$ 6,055
Residential Mortgage Loans | Full documentation interest-only
Information about loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan	1	6	1	6
Recorded Investment | $	$ 590	$ 2,244	$ 590	$ 2,244
Residential Mortgage Loans | Full documentation amortizing
Information about loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan	6	5	7	5
Recorded Investment | $	$ 2,315	$ 1,687	$ 2,781	$ 1,687
Residential Mortgage Loans | Reduced documentation interest-only
Information about loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan	1	2	1	4
Recorded Investment | $	$ 489	$ 758	$ 489	$ 1,395
Residential Mortgage Loans | Reduced documentation amortizing
Information about loans receivable by segment and class modified in troubled debt restructuring
Number of Loans | loan	1	3	1	3
Recorded Investment | $	$ 923	$ 729	$ 923	$ 729

Reverse Repurchase Agreements49

Reverse Repurchase Agreements (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Year
Total	$ 1,100,000	$ 1,100,000
Secured Debt
Year
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
Year
Composition of collateral that can be resold or repledged, as a percentage	83.00%
Secured Debt | Obligations of GSEs
Year
Composition of collateral that can be resold or repledged, as a percentage	17.00%

Earnings Per Common Share (Deta

Earnings Per Common Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Earnings Per Share [Abstract]
Net income	$ 18,691	$ 18,906	$ 55,592	$ 69,644
Preferred stock dividends	(2,194)	(2,194)	(6,582)	(6,582)
Net income available to common shareholders	16,497	16,712	49,010	63,062
Income allocated to participating securities	(153)	(173)	(448)	(578)
Net income allocated to common shareholders	$ 16,344	$ 16,539	$ 48,562	$ 62,484
Basic weighted average common shares outstanding	100,383,631	99,700,759	100,377,618	99,540,721
Dilutive effect of stock options and restricted stock units (in shares)	0	366,400	0	366,400
Diluted weighted average common shares outstanding	100,383,631	100,067,159	100,377,618	99,907,121
Basic EPS (in dollars per share)	$ 0.16	$ 0.17	$ 0.48	$ 0.63
Diluted EPS (in dollars per share)	$ 0.16	$ 0.17	$ 0.48	$ 0.63
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	6,330	14,889
Restricted stock units
Antidilutive securities excluded from computation of earnings per share
Stock options excluded from computation of earnings per share (in shares)	737,315	760,979	743,102	607,856

Other Comprehensive Income_Lo51

Other Comprehensive Income/Loss - Components of and Changes in Accumulated Other Comprehensive Loss, Net of Related Tax Effects (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period			$ 1,663,448	$ 1,580,070
Other Comprehensive (Loss) Income	$ (571)	$ 3,374	4,690	3,518
Balance at end of period	1,707,662	1,647,182	1,707,662	1,647,182
Net unrealized gain on securities available-for-sale
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	7,319	3,888	2,827	4,686
Other Comprehensive (Loss) Income	(955)	2,903	3,537	2,105
Balance at end of period	6,364	6,791	6,364	6,791
Net actuarial loss on pension plans and other postretirement benefits
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(57,684)	(66,590)	(58,396)	(67,476)
Other Comprehensive (Loss) Income	356	442	1,068	1,328
Balance at end of period	(57,328)	(66,148)	(57,328)	(66,148)
Prior service cost on pension plans and other postretirement benefits
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(2,991)	(3,105)	(3,048)	(3,161)
Other Comprehensive (Loss) Income	28	29	85	85
Balance at end of period	(2,963)	(3,076)	(2,963)	(3,076)
Accumulated other comprehensive loss
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance at beginning of period	(53,356)	(65,807)	(58,617)	(65,951)
Other Comprehensive (Loss) Income	(571)	3,374	4,690	3,518
Balance at end of period	$ (53,927)	$ (62,433)	$ (53,927)	$ (62,433)

Other Comprehensive Income_Lo52

Other Comprehensive Income/Loss - Schedule of Components of Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Other Comprehensive Income (Loss), After Reclassification Adjustments [Abstract]
Before Tax Amount	$ (957)	$ 5,664	$ 7,873	$ 5,905
Income Tax Benefit (Expense)	386	(2,290)	(3,183)	(2,387)
After Tax Amount	(571)	3,374	4,690	3,518
Net unrealized gain (loss) on securities available-for-sale
Other Comprehensive Income (Loss), Before Reclassifications [Abstract]
Before Tax Amount	(1,603)	4,873	6,023	3,605
Income Tax Benefit (Expense)	648	(1,970)	(2,435)	(1,457)
After Tax Amount	(955)	2,903	3,588	2,148
Other Comprehensive Income (Loss), Reclassifications Adjustments [Abstract]
Before Tax Amount			(86)	(72)
Income Tax Benefit (Expense)			35	29
After Tax Amount			(51)	(43)
Other Comprehensive Income (Loss), After Reclassification Adjustments [Abstract]
Before Tax Amount			5,937	3,533
Income Tax Benefit (Expense)			(2,400)	(1,428)
After Tax Amount			3,537	2,105
Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income
Other Comprehensive Income (Loss), Reclassifications Adjustments [Abstract]
Before Tax Amount	598	743	1,793	2,229
Income Tax Benefit (Expense)	(242)	(301)	(725)	(901)
After Tax Amount	356	442	1,068	1,328
Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income
Other Comprehensive Income (Loss), Reclassifications Adjustments [Abstract]
Before Tax Amount	48	48	143	143
Income Tax Benefit (Expense)	(20)	(19)	(58)	(58)
After Tax Amount	$ 28	$ 29	$ 85	$ 85

Other Comprehensive Income_Lo53

Other Comprehensive Income/Loss - Information About Amounts Reclassified from Accumulated Other Comprehensive Loss to the Consolidated Statements of Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Amounts reclassified from accumulated other comprehensive loss to the consolidated statements of income
Gain on sales of securities	$ 0	$ 0	$ 86	$ 72
Compensation and benefits	(37,725)	(38,356)	(112,686)	(112,292)
Income before income tax expense	28,694	29,436	84,911	89,904
Income tax effect	(10,003)	(10,530)	(29,319)	(20,260)
Net income	18,691	18,906	55,592	69,644
Amount Reclassified from Accumulated Other Comprehensive Loss
Amounts reclassified from accumulated other comprehensive loss to the consolidated statements of income
Income before income tax expense	(646)	(791)	(1,850)	(2,300)
Income tax effect	262	320	748	930
Net income	(384)	(471)	(1,102)	(1,370)
Reclassification adjustment for gain on sales of securities | 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			86	72
Reclassification adjustment for net actuarial loss on pension plans and other postretirement benefits included in net income | Amount Reclassified from Accumulated Other Comprehensive Loss
Amounts reclassified from accumulated other comprehensive loss to the consolidated statements of income
Compensation and benefits	(598)	(743)	(1,793)	(2,229)
Reclassification adjustment for prior service cost on pension plans and other postretirement benefits included in net income | 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)	$ (143)	$ (143)

Pension Plans and Other Postr54

Pension Plans and Other Postretirement Benefits (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Pension Benefits
Benefit Plans
Service cost	$ 0	$ 0	$ 0	$ 0
Interest cost	2,510	2,482	7,531	7,447
Expected return on plan assets	(3,058)	(3,634)	(9,174)	(10,901)
Recognized net actuarial loss (gain)	703	743	2,110	2,229
Amortization of prior service cost	48	48	143	143
Net periodic cost (benefit)	203	(361)	610	(1,082)
Other Postretirement Benefits
Benefit Plans
Service cost	465	532	1,397	1,597
Interest cost	249	251	746	753
Expected return on plan assets	0	0	0	0
Recognized net actuarial loss (gain)	(105)	0	(317)	0
Amortization of prior service cost	0	0	0	0
Net periodic cost (benefit)	$ 609	$ 783	$ 1,826	$ 2,350

Stock Incentive Plans - Narrati

Stock Incentive Plans - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Stock Incentive Plans
Stock-based compensation expense, net of taxes	$ 245	$ 1,500	$ 1,500	$ 3,800
Stock-based compensation expense, taxes	$ 166	$ 1,000	$ 1,000	$ 2,600
Restricted common stock
Stock Incentive Plans
Granted (in shares)			685,872
Outstanding (in shares)	943,709		943,709		374,817
Restricted common stock | 2014 Employee Stock Plan
Stock Incentive Plans
Granted (in shares)			663,960
Outstanding (in shares)	649,230		649,230
Vesting percentage			33.33%
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	$ 10,600		$ 10,600
Pre-tax compensation cost, weighted average recognition period			1 year 11 months 14 days
Performance-based restricted common stock and performance-based restricted stock units
Stock Incentive Plans
Pre-tax compensation cost related to performance-based stock awards and units	$ 6,600		$ 6,600
Performance-based restricted stock units
Stock Incentive Plans
Granted (in shares)			0
Outstanding (in shares)	731,700		731,700		751,500
Restricted shares or units for which compensation cost will be excluded until the achievement of the performance conditions become probable	536,700		536,700

Stock Incentive Plans - Schedul

Stock Incentive Plans - Schedule of Restricted Common Stock and Performance-Based Restricted Stock Unit Activity (Details)	9 Months Ended
	Sep. 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	(21,630)
Expired (in shares) | shares	(65,000)
Unvested at the end of the period (in shares) | shares	943,709
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	14.46
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	(19,800)
Expired (in shares) | shares	0
Unvested at the end of the period (in shares) | shares	731,700
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	12.41
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		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Schedule of Equity Method Investments [Line Items]
Funding installments, installment period			3 years
Other Non-Interest Expense
Schedule of Equity Method Investments [Line Items]
Expense related to investments in affordable housing limited partnerships	$ 400	$ 278	$ 1,100	$ 834
Income Tax Expense
Schedule of Equity Method Investments [Line Items]
Affordable housing tax credits and other tax benefits	284	$ 353	1,200	$ 1,100
Other Assets
Schedule of Equity Method Investments [Line Items]
Investment in affordable housing limited partnerships	16,100		16,100		$ 17,200
Other Liabilities
Schedule of Equity Method Investments [Line Items]
Funding obligation related to investments	$ 12,000		$ 12,000		$ 12,900

Regulatory Matters (Details)

Regulatory Matters (Details) $ in Thousands	Sep. 30, 2016USD ($)
Astoria Financial Corporation
Amount
Tier 1 leverage	$ 1,563,322
Common equity tier 1 risk-based	1,439,077
Tier 1 risk-based	1,563,322
Total risk-based	$ 1,651,504
Ratio
Tier 1 leverage	10.61%
Common equity tier 1 risk-based	17.58%
Tier 1 risk-based	19.09%
Total risk-based	20.17%
Amount
Tier 1 leverage	$ 589,317
Common equity tier 1 risk-based	368,440
Tier 1 risk-based	491,254
Total risk-based	$ 655,005
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	$ 419,612
Tier 1 risk-based	542,426
Total risk-based	$ 706,177
Ratio
Common equity tier 1 risk-based	5.125%
Tier 1 risk-based	6.625%
Total risk-based	8.625%
Amount
Tier 1 leverage	$ 736,646
Common equity tier 1 risk-based	532,191
Tier 1 risk-based	655,005
Total risk-based	$ 818,756
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	$ 1,720,711
Common equity tier 1 risk-based	1,720,711
Tier 1 risk-based	1,720,711
Total risk-based	$ 1,808,893
Ratio
Tier 1 leverage	11.75%
Common equity tier 1 risk-based	21.07%
Tier 1 risk-based	21.07%
Total risk-based	22.14%
Amount
Tier 1 leverage	$ 585,844
Common equity tier 1 risk-based	367,584
Tier 1 risk-based	490,112
Total risk-based	$ 653,483
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	$ 418,637
Tier 1 risk-based	541,165
Total risk-based	$ 704,536
Ratio
Common equity tier 1 risk-based	5.125%
Tier 1 risk-based	6.625%
Total risk-based	8.625%
Amount
Tier 1 leverage	$ 732,305
Common equity tier 1 risk-based	530,955
Tier 1 risk-based	653,483
Total risk-based	$ 816,853
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 - Sched

Fair Value Measurements - Schedule of Carrying Values of Assets Measured at Estimated Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Fair Value of Financial Instruments
Total securities available-for-sale	$ 308,231	$ 416,798
Total residential mortgage-backed securities
Fair Value of Financial Instruments
Total securities available-for-sale	278,218	344,857
GSE issuance REMICs and CMOs
Fair Value of Financial Instruments
Total securities available-for-sale	266,909	330,539
Non-GSE issuance REMICs and CMOs
Fair Value of Financial Instruments
Total securities available-for-sale	1,859	3,054
GSE pass-through certificates
Fair Value of Financial Instruments
Total securities available-for-sale	9,450	11,264
Obligations of GSEs
Fair Value of Financial Instruments
Total securities available-for-sale	30,011	71,939
Fannie Mae stock
Fair Value of Financial Instruments
Total securities available-for-sale	2	2
Recurring
Fair Value of Financial Instruments
Total securities available-for-sale	308,231	416,798
Recurring | GSE issuance REMICs and CMOs
Fair Value of Financial Instruments
Total securities available-for-sale	266,909	330,539
Recurring | Non-GSE issuance REMICs and CMOs
Fair Value of Financial Instruments
Total securities available-for-sale	1,859	3,054
Recurring | GSE pass-through certificates
Fair Value of Financial Instruments
Total securities available-for-sale	9,450	11,264
Recurring | Obligations of GSEs
Fair Value of Financial Instruments
Total securities available-for-sale	30,011	71,939
Recurring | Fannie Mae stock
Fair Value of Financial Instruments
Total securities available-for-sale	2	2
Recurring | Level 1
Fair Value of Financial Instruments
Total securities available-for-sale	2	2
Recurring | Level 1 | GSE issuance REMICs and CMOs
Fair Value of Financial Instruments
Total securities available-for-sale	0	0
Recurring | Level 1 | Non-GSE issuance REMICs and CMOs
Fair Value of Financial Instruments
Total securities available-for-sale	0	0
Recurring | Level 1 | GSE pass-through certificates
Fair Value of Financial Instruments
Total securities available-for-sale	0	0
Recurring | Level 1 | Obligations of GSEs
Fair Value of Financial Instruments
Total securities available-for-sale	0	0
Recurring | Level 1 | Fannie Mae stock
Fair Value of Financial Instruments
Total securities available-for-sale	2	2
Recurring | Level 2
Fair Value of Financial Instruments
Total securities available-for-sale	308,229	416,796
Recurring | Level 2 | GSE issuance REMICs and CMOs
Fair Value of Financial Instruments
Total securities available-for-sale	266,909	330,539
Recurring | Level 2 | Non-GSE issuance REMICs and CMOs
Fair Value of Financial Instruments
Total securities available-for-sale	1,859	3,054
Recurring | Level 2 | GSE pass-through certificates
Fair Value of Financial Instruments
Total securities available-for-sale	9,450	11,264
Recurring | Level 2 | Obligations of GSEs
Fair Value of Financial Instruments
Total securities available-for-sale	30,011	71,939
Recurring | Level 2 | Fannie Mae stock
Fair Value of Financial Instruments
Total securities available-for-sale	$ 0	$ 0

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Valuation methodologies used for assets measured at fair value
Non-performing loans held for sale comprised of commercial real estate mortgage loans (as a percent)	44.00%
Non-performing loans held for sale comprised of multi-family mortgage loans (as a percent)	20.00%	80.00%
Non-performing loans held for sale comprised of residential mortgage loans (as a percent)	36.00%	20.00%
Real estate owned, net	$ 14,592	$ 19,798
Weighted average
Valuation methodologies used for assets measured at fair value
Assumption used to estimate fair value of servicing asset, weighted average discount rate (as a percent)	9.94%	9.97%
Assumption used to estimate fair value of servicing asset, weighted average constant prepayment rate (as a percent)	13.35%	10.47%
Assumption used to estimate fair value of servicing asset, weighted average life	5 years 22 days	6 years 1 month 6 days
Residential Mortgage Loans
Valuation methodologies used for assets measured at fair value
Composition of impaired loans (as a percent)	89.00%	81.00%
Impaired loans for which fair value adjustment was recognized (as a percent)	89.00%	80.00%
Period past due 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
Composition of impaired loans (as a percent)	9.00%	17.00%
Impaired loans for which fair value adjustment was recognized (as a percent)	10.00%	19.00%
Home equity lines of credit
Valuation methodologies used for assets measured at fair value
Composition of impaired loans (as a percent)	2.00%	2.00%
Impaired loans for which fair value adjustment was recognized (as a percent)	1.00%	1.00%
Period past due 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 | Residential mortgage-backed securities
Valuation methodologies used for assets measured at fair value
Available-for-sale portfolio comprised of debt securities (as a percent)	90.00%	83.00%
Available-for-sale mortgage-backed securities portfolio comprised of GSE securities (as a percent)	99.00%	99.00%
Recurring | Obligations of GSEs
Valuation methodologies used for assets measured at fair value
Available-for-sale portfolio comprised of debt securities (as a percent)	10.00%	17.00%

Fair Value Measurements - Sch61

Fair Value Measurements - Schedule of Carrying Values of Assets Measured at Fair Value on a Non-Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Carrying Value
Impaired loans	$ 221,356	$ 237,518
MSR, net	8,580	11,014
REO, net	14,592	19,798
Carrying Value
Carrying Value
Non-performing loans held-for-sale, net	5,550	8,960
MSR, net	8,580	11,014
Nonrecurring | Level 3 | Carrying Value
Carrying Value
Non-performing loans held-for-sale, net	706	1,582
Impaired loans	126,854	134,910
MSR, net	8,580	11,014
REO, net	13,166	16,307
Total	$ 149,306	$ 163,813

Fair Value Measurements - Sch62

Fair Value Measurements - Schedule of Gains (Losses) Recognized on Assets Measured at Fair Value on a Non-Recurring Basis (Details) - Nonrecurring - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Fair Value of Financial Instruments
Total	$ (8,733)	$ (4,150)
Non-performing loans held-for-sale, net
Fair Value of Financial Instruments
Total	(120)	(445)
Impaired loans
Fair Value of Financial Instruments
Total	(5,971)	(3,246)
MSR, net
Fair Value of Financial Instruments
Total	(1,663)	(172)
REO, net
Fair Value of Financial Instruments
Total	$ (979)	$ (287)

Fair Value Measurements - Sch63

Fair Value Measurements - Schedule of Carrying Values and Estimated Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Financial Assets:
Securities held-to-maturity	$ 2,751,175	$ 2,296,799
FHLB-NY stock	130,820	131,137
MSR, net	8,580	11,014
Carrying Value
Financial Assets:
Securities held-to-maturity	2,751,175	2,296,799
FHLB-NY stock	130,820	131,137
Loans held-for-sale, net	5,550	8,960
Loans receivable, net	10,542,961	11,055,081
MSR, net	8,580	11,014
Financial Liabilities:
Deposits	8,927,644	9,106,027
Borrowings, net	3,814,620	3,964,222
Estimated Fair Value
Financial Assets:
Securities held-to-maturity	2,773,570	2,286,092
FHLB-NY stock	130,820	131,137
Loans held-for-sale, net	5,653	9,037
Loans receivable, net	10,685,073	11,112,709
MSR, net	8,582	11,017
Financial Liabilities:
Deposits	8,953,874	9,123,740
Borrowings, net	3,973,159	4,132,940
Estimated Fair Value | Level 2
Financial Assets:
Securities held-to-maturity	2,773,570	2,286,092
FHLB-NY stock	130,820	131,137
Loans held-for-sale, net	0	0
Loans receivable, net	0	0
MSR, net	0	0
Financial Liabilities:
Deposits	8,953,874	9,123,740
Borrowings, net	3,973,159	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	5,653	9,037
Loans receivable, net	10,685,073	11,112,709
MSR, net	8,582	11,017
Financial Liabilities:
Deposits	0	0
Borrowings, net	$ 0	$ 0

Litigation (Details)

Litigation (Details)	Aug. 05, 2015USD ($)	Nov. 19, 2014USD ($)	Sep. 14, 2010USD ($)	Sep. 30, 2016lawsuit	May 19, 2016USD ($)	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