XML 58 R42.htm IDEA: XBRL DOCUMENT v3.10.0.1

Note 10 - Income Taxes (Tables)

12 Months Ended

Dec. 31, 2018

Notes Tables

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

		2018				2017				2016
		(In thousands)
Federal:
Current		$	9,183			$	14,859			$	34,996
Deferred			(609	)			7,985				(1,416	)
Total federal tax provision			8,574				22,844				33,580
State and Local:
Current			3,876				1,419				7,647
Deferred			(2,055	)			750				(124	)
Total state and local tax provision			1,821				2,169				7,523
Total income tax provision		$	10,395			$	25,013			$	41,103

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

		2018								2017								2016
		(Dollars in thousands)
Taxes at federal statutory rate		$	13,752				21.0	%		$	23,147				35.0	%		$	37,106				35.0	%
Increase (reduction) in taxes resulting from:
State and local income tax, net of Federal income tax benefit			1,439				2.2				1,410				2.1				4,890				4.6
TCJA			-				-				3,770				5.7				-				-
Tax exempt			(1,961	)			(3.0	)			(2,429	)			(3.7	)			(1,750	)			(1.7	)
Other			(2,835	)			(4.3	)			(885	)			(1.3	)			857				0.9
Taxes at effective rate		$	10,395				15.9	%		$	25,013				37.8	%		$	41,103				38.8	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

		2018				2017
		(In thousands)
Deferred tax assets:
Postretirement benefits		$	6,489			$	6,047
Allowance for loan losses			6,490				6,414
Stock based compensation			2,717				2,808
Depreciation			615				1,057
Unrealized loss on securities available for sale			7,028				3,150
Fair value adjustment on financial assets carried at fair value			227				168
Fair value hedges			638				939
Adjustment required to recognize funded status of postretirement pension plans			751				2,068
Gain on sale of buildings			1,220				1,434
Other			3,113				299
Net operating loss (NYC)			928				-
Deferred tax assets			30,216				24,384
Deferred tax liabilities:
FPFC deferred income			2,263				1,916
Cashflow hedges			1,664				129
Fair value adjustment on financial liabilities carried at fair value			5,815				7,800
Entity specific fair value			382				-
Other			6,132				4,239
Deferred tax liabilities			16,256				14,084
Net deferred tax asset included in other assets		$	13,960			$	10,300

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=84230637&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration