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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Operating Activities    
Net income $ 43,254 $ 38,297
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for credit losses 2,948 1,222
Depreciation and amortization of premises and equipment 2,907 3,277
Net gain on sales of loans (73) (158)
Net amortization of premiums and (accretion) of discounts 568 (190)
Net gain from disposition of assets 0 (621)
Net gain from sale of securities 0 (123)
Deferred income tax provision (benefit) 3,191 (762)
Gain from life insurance proceeds (1,536) 0
Net loss (gain) from fair value adjustments of qualifying hedges 129 (763)
Net (gain) loss from fair value adjustments (724) 5,566
Income from bank owned life insurance (2,229) (2,006)
Stock-based compensation expense 5,255 4,539
Deferred compensation (3,627) (2,057)
Amortization of core deposit intangibles 280 313
Decrease (increase) in other assets 9,303 (5,175)
Decrease in other liabilities (15,004) (5,384)
Net cash provided by operating activities 44,642 35,975
Investing Activities    
Purchases of premises and equipment (1,854) (1,536)
Net (purchases) redemptions of Federal Home Loan Bank-NY shares (14,080) 1,809
Purchases of securities held-to-maturity (16,476) 0
Proceeds from life insurance 2,727 0
Purchases of securities available for sale (210,261) (478,155)
Proceeds from sales and calls of securities available for sale 0 38,623
Change in cash collateral 34,365 0
Proceeds from maturities and prepayments of securities available for sale 64,227 263,640
Net (originations) and repayments of loans (69,676) 89,937
Purchases of loans (111,028) (130,706)
Proceeds from sale of loans 18,565 18,584
Net cash used in investing activities (303,491) (197,804)
Financing Activities    
Net increase in non-interest bearing deposits 113,587 166,819
Net increase (decrease) in interest-bearing deposits (47,067) 41,312
Net increase in mortgagors' escrow deposits 5,664 12,608
Net proceeds from short-term borrowed funds 325,000 150,000
Repayment of long-term borrowings (50,000) (205,647)
Purchases of treasury stock (19,396) (1,375)
Cash dividends paid (13,636) (13,305)
Net cash provided by financing activities 314,152 150,412
Net increase in cash and cash equivalents 55,303 (11,417)
Cash and cash equivalents, beginning of period 81,723 157,388
Cash and cash equivalents, end of period 137,026 145,971
Supplemental Cash Flow Disclosure    
Interest paid 16,612 22,217
Income taxes paid 16,215 10,207
Taxes paid if excess tax benefits on stock-based compensation were not tax deductible $ 16,385 $ 9,877