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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 38,297 $ 16,882
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 1,222 16,797
Depreciation and amortization of bank premises and equipment 3,277 3,091
Amortization of premium, net of accretion of discount (190) 3,235
Net (gain) loss from fair value adjustments 5,566 (4,212)
Net (gain) loss from fair value adjustments on qualifying hedges (763) 2,438
Net gain from sale of loans (158) (42)
Net (gain) loss from sale of securities (123) 91
Net gain from disposition of asset (621) 0
Net loss from OREO 0 31
Income from bank owned life insurance (2,006) (1,875)
Life insurance proceeds 0 (659)
Amortization of core deposit intangibles 313 0
Stock-based compensation expense 4,539 4,531
Deferred compensation (2,057) (3,060)
Deferred income tax benefit (762) (2,546)
Decrease in other liabilities (5,384) (1,411)
Increase in other assets (5,175) (3,398)
Net cash provided by operating activities 35,975 29,893
CASH FLOWS FROM INVESTING ACTIVITIES    
Purchases of bank premises and equipment (1,536) (1,433)
Net redemptions of Federal Home Loan Bank of New York shares 1,809 521
Proceeds from maturities and calls of securities held-to-maturity 0 180
Proceeds from prepayments of securities held-to-maturity 0 300
Purchases of securities available for sale (478,155) (130,344)
Proceeds from sales and calls of securities available for sale 38,623 139,741
Proceeds from maturities and prepayments of securities available for sale 263,640 87,658
Net repayments (originations) of loans 89,937 (72,371)
Purchases of loans (130,706) (112,245)
Proceeds from sale of loans 18,584 580
Net cash used in investing activities (197,804) (87,413)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in non-interest bearing deposits 166,819 146,809
Net increase (decrease) in interest-bearing deposits 41,312 (119,076)
Net increase in mortgagors' escrow deposits 12,608 4,150
Net proceeds from short-term borrowed funds 150,000 0
Proceeds from long-term borrowings 0 204,378
Repayment of long-term borrowings (205,647) (127,762)
Purchases of treasury stock (1,375) (3,865)
Cash dividends paid (13,305) (12,147)
Net cash provided by financing activities 150,412 92,487
Net (decrease) increase in cash and cash equivalents (11,417) 34,967
Cash and cash equivalents, beginning of period 157,388 49,787
Cash and cash equivalents, end of period 145,971 84,754
SUPPLEMENTAL CASH FLOW DISCLOSURE    
Interest paid 22,217 44,272
Income taxes paid 10,207 4,664
Taxes paid if excess tax benefits on stock-based compensation were not tax deductible $ 9,877 $ 4,446