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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Interest and dividend income        
Interest and fees on loans $ 44,084 $ 42,489 $ 87,618 $ 84,609
Interest and dividends on securities:        
Interest 5,988 6,867 11,858 13,742
Dividends 118 195 236 384
Other interest income 32 18 53 45
Total interest and dividend income 50,222 49,569 99,765 98,780
Interest expense        
Deposits 7,437 7,670 14,895 15,388
Other interest expense 4,645 5,070 9,176 10,076
Total interest expense 12,082 12,740 24,071 25,464
Net interest income 38,140 36,829 75,694 73,316
Benefit for loan losses (516) (1,092) (1,250) (2,211)
Net interest income after benefit for loan losses 38,656 37,921 76,944 75,527
Non-interest income        
Banking services fee income 898 867 1,782 1,576
Net gain on sale of securities 64   64  
Net gain on sale of loans 47   49  
Net gain on sale of buildings 6,537   6,537  
Net gain (loss) from fair value adjustments 768 (402) 173 (1,046)
Federal Home Loan Bank of New York stock dividends 457 430 975 981
Bank owned life insurance 715 755 1,432 1,531
Other income 461 336 865 654
Total non-interest income 9,947 1,986 11,877 3,696
Non-interest expense        
Salaries and employee benefits 13,157 11,944 27,823 24,522
Occupancy and equipment 2,635 1,919 5,348 3,954
Professional services 1,350 1,527 3,129 2,737
FDIC deposit insurance 811 673 1,560 1,370
Data processing 1,172 1,042 2,247 2,110
Depreciation and amortization 867 717 1,535 1,432
Other real estate owned/foreclosure expense 87 279 607 535
Other operating expenses 4,169 2,523 7,938 6,057
Total non-interest expense 24,248 20,624 50,187 42,717
Income before income taxes 24,355 19,283 38,634 36,506
Provision for income taxes        
Federal 7,155 5,513 11,407 10,271
State and local 2,366 2,085 3,660 4,254
Total taxes 9,521 7,598 15,067 14,525
Net income $ 14,834 $ 11,685 $ 23,567 $ 21,981
Basic earnings per common share (in Dollars per share) $ 0.51 $ 0.39 $ 0.80 $ 0.73
Diluted earnings per common share (in Dollars per share) [1] 0.51 0.39 0.80 0.73
Dividends per common share (in Dollars per share) $ 0.16 $ 0.15 $ 0.32 $ 0.30
[1] For the three and six months ended June 30, 2015 and 2014, there were no stock options that were anti-dilutive.