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Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Interest and dividend income    
Interest and fees on loans $ 67,516 $ 69,021
Interest and dividends on securities:    
Interest 3,745 3,072
Dividends 8 8
Other interest income 51 36
Total interest and dividend income 71,320 72,137
Interest expense    
Deposits 3,408 6,105
Other interest expense 4,433 5,140
Total interest expense 7,841 11,245
Net interest income 63,479 60,892
Provision for credit losses 1,358 2,820
Net interest income after provision for credit losses 62,121 58,072
Non-interest income    
Banking services fee income 1,374 2,725
Net gain on sale of loans 0 31
Net gain on disposition of assets   621
Net gain (loss) from fair value adjustments (1,809) 982
Federal Home Loan Bank of New York stock dividends 397 689
Bank owned life insurance 1,114 997
Other income 237 266
Total non-interest income 1,313 6,311
Non-interest expense    
Salaries and employee benefits 23,649 22,664
Occupancy and equipment 3,604 3,367
Professional services 2,222 2,400
FDIC deposit insurance 420 1,213
Data processing 1,424 2,109
Depreciation and amortization of bank premises and equipment 1,460 1,639
Other real estate owned / foreclosure expense (recoveries) 84 (10)
Other operating expenses 5,931 4,777
Total non-interest expense 38,794 38,159
Income before income taxes 24,640 26,224
Provision for income taxes    
Federal 4,650 5,071
State and local 1,771 2,114
Total provision for income taxes 6,421 7,185
Net income $ 18,219 $ 19,039
Basic earnings per common share $ 0.58 $ 0.60
Diluted earnings per common share 0.58 0.60
Dividends per common share $ 0.22 $ 0.21