Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
ASSETS:
Cash and due from banks	$ 12,528	$ 13,043
Interest-bearing deposits in other financial institutions	119,197	154,701
Total cash and cash equivalents	131,725	167,744
Trading securities	14,968	13,884
Debt securities available-for-sale, at estimated fair value (with no allowance for credit losses at September 30, 2025 and December 31, 2024)	1,330,904	1,100,817
Debt securities held-to-maturity, at amortized cost (estimated fair value of $8,145 at September 30, 2025, and $8,762 at December 31, 2024, with no allowance for credit losses at September 30, 2025 and December 31, 2024)	8,396	9,303
Equity securities	5,000	14,261
Loans held-for-sale	0	4,897
Loans held-for-investment	3,900,346	4,022,224
Less: allowance for credit losses	(36,890)	(35,183)
Net loans held-for-investment	3,863,456	3,987,041
Accrued interest receivable	19,411	19,078
Bank-owned life insurance	180,997	175,759
Federal Home Loan Bank (“FHLB”) of New York stock, at cost	45,718	35,894
Operating lease right-of-use assets	24,959	27,771
Premises and equipment, net	20,369	21,985
Goodwill	41,012	41,012
Other assets	38,588	46,932
Total assets	5,725,503	5,666,378
LIABILITIES:
Deposits	3,973,760	4,138,477
FHLB advances and other borrowings	880,100	666,402
Subordinated debentures, net of issuance costs	61,610	61,442
Operating lease liabilities	28,919	32,209
Advance payments by borrowers for taxes and insurance	23,165	24,057
Accrued expenses and other liabilities	38,350	39,095
Total liabilities	5,005,904	4,961,682
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.01 par value: 25,000,000 shares authorized, none issued or outstanding	0	0
Common stock, $0.01 par value: 150,000,000 shares authorized, 64,770,875 shares issued at September 30, 2025 and December 31, 2024, 41,810,525 and 42,903,598 outstanding at September 30, 2025 and December 31, 2024, respectively	648	648
Additional paid-in-capital	591,219	591,336
Unallocated common stock held by employee stock ownership plan	(12,393)	(13,042)
Retained earnings	453,014	440,760
Accumulated other comprehensive loss	(5,611)	(20,296)
Treasury stock at cost: 22,960,350 and 21,867,277 shares at September 30, 2025 and December 31, 2024, respectively	(307,278)	(294,710)
Total stockholders’ equity	719,599	704,696
Total liabilities and stockholders’ equity	$ 5,725,503	$ 5,666,378

Northfield Bancorp, Inc. 10-Q