ADDED
As of August 19, 2025 there were outstanding 64,744,523 shares of the Registrant s Common Stock.
The Company is a unitary savings and loan holding company, regulated by the Board of Governors of the Federal Reserve System and conducts no significant business or operations of its own.
You may access these materials by following the links under Investor Relations under the Financials tab at the Company s website.
The key components of our business strategy are as follows: Focus on Relationship Banking and Core Deposits We remain focused on acquiring and retaining core non-maturity deposit accounts while deepening customer relationships through personalized, high-touch service.
Our approach emphasizes building long-term client trust and loyalty.
To further grow our base of core deposits, we are expanding our business banking efforts through dedicated business development teams and tailored product offerings designed to meet the evolving needs of our target business clients.
As of June 30, 2025, core non-maturity deposit accounts totaled $3.70 billion, representing 65.2% of total deposits, a testament to the strength and stability of our relationship-driven strategy.
These efforts are designed to improve net interest margins and better manage interest rate risk.
To support this strategy, we have built a team of experienced relationship managers with deep expertise in serving small to middle-market businesses, enabling us to expand our reach and deliver tailored lending solutions that align with our clients evolving needs.
Advancing Our Technology Transformation Our commitment to digital innovation remains a strategic priority.
REMOVED
As of August 19, 2024 there were outstanding 64,579,683 shares of the Registrant s Common Stock.
The Company is a unitary savings and loan holding company, regulated by the Board of Governors of the Federal Reserve Bank ( FRB ) and conducts no significant business or operations of its own.
You may access these materials by following the links under Investor Relations under the Financial Information tab at the Company s website.
The key components of our business strategy are as follows: Maintain Robust Capital and Liquidity Levels As demonstrated by the June 30, 2024 Common Equity Tier 1 Capital ratios of the Company and the Bank of 14.79% and 13.65%, respectively, we currently maintain, and plan to continue to maintain, capital levels in excess of regulatory minimums and internal capital adequacy guidelines.
In addition, we had the capacity to borrow additional funds totaling $789.0 million via unsecured overnight borrowings from other financial institutions and $1.06 billion and $381.8 million from the Federal Home Loan Bank of New York and FRB, respectively, without pledging additional collateral.
Continue Our Technology Transformation Given the ongoing evolution of our business towards digital channels, we have invested significant human resources and capital towards enhancing both our internal and client-facing technology systems.
Our ongoing technology transformation has, and will continue to, impact nearly every area of the Company including the residential and commercial lending functions, retail deposit gathering, risk management and back office operations.
In fiscal 2025, we will continue our digital strategy, spearheaded by our recently adopted cloud-based, best-in-breed digital banking and online account opening platform, and continue to serve our clients needs in an omnichannel environment while expanding our products and services into new markets in an efficient and cost-effective manner.
Focus on Relationship Banking and Core Deposits We focus on the acquisition and retention of core non-maturity deposit accounts and expanding customer relationships.
Our philosophy is to provide superior, personalized service to our clients.