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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest and dividend income    
Interest and fees on loans $ 47,558 $ 43,534
Interest and dividends on securities:    
Interest 6,592 5,870
Dividends 119 118
Other interest income 94 21
Total interest and dividend income 54,363 49,543
Interest expense    
Deposits 7,973 7,458
Other interest expense 5,257 4,531
Total interest expense 13,230 11,989
Net interest income $ 41,133 37,554
Benefit for loan losses (734)
Net interest income after benefit for loan losses $ 41,133 38,288
Non-interest income    
Banking services fee income 976 884
Net gain on sale of loans 341 2
Net loss from fair value adjustments (987) (595)
Federal Home Loan Bank of New York stock dividends 623 $ 518
Gain from life insurance proceeds 411
Bank owned life insurance 695 $ 717
Other income 481 404
Total non-interest income 2,540 1,930
Non-interest expense    
Salaries and employee benefits 16,261 14,666
Occupancy and equipment 2,370 2,713
Professional services 2,150 1,779
FDIC deposit insurance 904 749
Data processing 1,091 1,075
Depreciation and amortization 1,032 668
Other real estate owned/foreclosure expense 153 520
Other operating expenses 4,536 3,769
Total non-interest expense 28,497 25,939
Income before income taxes 15,176 14,279
Provision for income taxes    
Federal 4,747 4,252
State and local 868 1,294
Total taxes 5,615 5,546
Net income $ 9,561 $ 8,733
Basic earnings per common share (in dollars per share) $ 0.33 $ 0.30
Diluted earnings per common share (in dollars per share) [1] 0.33 0.30
Dividends per common share (in dollars per share) $ 0.17 $ 0.16
[1] For the three months ended March 31, 2016 and 2015, there were no stock options that were anti-dilutive.