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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest and dividend income    
Interest and fees on loans $ 55,017 $ 50,885
Interest and dividends on securities:    
Interest 5,468 6,095
Dividends 14 121
Other interest income 287 153
Total interest and dividend income 60,786 57,254
Interest expense    
Deposits 12,110 8,980
Other interest expense 6,067 4,885
Total interest expense 18,177 13,865
Net interest income 42,609 43,389
Provision for loan losses 153
Net interest income after provision for loan losses 42,456 43,389
Non-interest income    
Banking services fee income 948 874
Net (loss) gain on sale of loans (263) 210
Net loss from fair value adjustments (100) (378)
Federal Home Loan Bank of New York stock dividends 876 823
Gain from life insurance proceeds 776 1,161
Bank owned life insurance 762 795
Other income 201 204
Total non-interest income 3,200 3,689
Non-interest expense    
Salaries and employee benefits 18,455 17,104
Occupancy and equipment 2,577 2,496
Professional services 2,185 1,996
FDIC deposit insurance 500 326
Data processing 1,401 1,203
Depreciation and amortization 1,389 1,165
Other real estate owned/foreclosure expense 96 351
Net gain from sales of real estate owned (50)
Other operating expenses 4,691 4,973
Total non-interest expense 31,294 29,564
Income before income taxes 14,362 17,514
Provision for income taxes    
Federal 2,608 4,749
State and local 342 505
Total taxes 2,950 5,254
Net income $ 11,412 $ 12,260
Basic earnings per common share (in dollars per share) $ 0.39 $ 0.42
Diluted earnings per common share (in dollars per share) [1] 0.39 0.42
Dividends per common share (in dollars per share) $ 0.20 $ 0.18
[1] For the three months ended March 31, 2018 and 2017, there were no stock options that were anti-dilutive.