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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 and dividend income        
Interest and fees on loans $ 49,181 $ 45,243 $ 145,152 $ 132,861
Interest and dividends on securities:        
Interest 6,173 6,508 19,275 18,366
Dividends 121 119 360 355
Other interest income 49 43 191 96
Total interest and dividend income 55,524 51,913 164,978 151,678
Interest expense        
Deposits 8,520 7,701 24,590 22,596
Other interest expense 5,291 4,902 15,653 14,078
Total interest expense 13,811 12,603 40,243 36,674
Net interest income 41,713 39,310 124,735 115,004
Benefit for loan losses (370) (1,620)
Net interest income after benefit for loan losses 41,713 39,680 124,735 116,624
Non-interest income        
Banking services fee income 826 778 2,775 2,560
Net gain on sale of securities 103 2,363 167
Net gain on sale of loans 240 306 584 355
Net gain on sale of buildings 33,814 6,537
Net loss from fair value adjustments (823) (1,094) (2,925) (921)
Federal Home Loan Bank of New York stock dividends 665 480 1,870 1,455
Gain from life insurance proceeds 47 458
Bank owned life insurance 707 725 2,096 2,157
Other income 191 399 1,075 1,264
Total non-interest income 1,853 1,697 42,110 13,574
Non-interest expense        
Salaries and employee benefits 14,795 12,648 45,024 40,471
Occupancy and equipment 2,576 2,443 7,298 7,791
Professional services 1,730 1,907 5,907 5,036
FDIC deposit insurance 536 817 2,380 2,377
Data processing 939 1,178 3,229 3,425
Depreciation and amortization of bank premises and equipment 1,169 993 3,263 2,528
Other real estate owned/foreclosure expense 273 110 831 717
Prepayment penalty on borrowings 2,082
Other operating expenses 4,259 3,612 13,214 11,550
Total non-interest expense 26,277 23,708 83,228 73,895
Income before income taxes 17,289 17,669 83,617 56,303
Federal:        
Federal 5,568 5,375 25,518 16,782
State and local 1,087 1,286 7,469 4,946
Total taxes 6,655 6,661 32,987 21,728
Net income $ 10,634 $ 11,008 $ 50,630 $ 34,575
Basic earnings per common share (in dollars per share) $ 0.37 $ 0.38 $ 1.75 $ 1.18
Diluted earnings per common share (in dollars per share) [1] 0.37 0.38 1.75 1.18
Dividends per common share (in dollars per share) $ 0.17 $ 0.16 $ 0.51 $ 0.48
[1] For the three and nine months ended September 30, 2016 and 2015, there were no stock options that were anti-dilutive.