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Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Interest and dividend income        
Interest and fees on loans $ 75,546 $ 69,198 $ 212,254 $ 206,218
Interest and dividends on securities:        
Interest 5,676 3,706 14,350 10,463
Dividends 17 7 36 22
Other interest income 506 42 716 129
Total interest and dividend income 81,745 72,953 227,356 216,832
Interest expense        
Deposits 11,965 4,705 20,059 16,349
Other interest expense 8,574 4,884 17,882 15,188
Total interest expense 20,539 9,589 37,941 31,537
Net interest income 61,206 63,364 189,415 185,295
Provision (benefit) for credit losses 2,145 (6,927) 5,093 (5,705)
Net interest income after provision (benefit) for credit losses 59,061 70,291 184,322 191,000
Non-interest income        
Banking services fee income 1,351 865 3,891 4,823
Net gain on sale of loans   131 73 289
Net gain on disposition of assets       621
Net (loss) gain on sale of securities   (10) 0 113
Net gain (loss) from fair value adjustments 5,626 (2,289) 6,350 (7,855)
Federal Home Loan Bank of New York stock dividends 538 491 1,342 1,680
Life insurance proceeds     1,536  
Bank owned life insurance 1,132 1,015 3,361 3,021
Other income 348 663 1,108 1,275
Total non-interest income 8,995 866 17,661 3,967
Non-interest expense        
Salaries and employee benefits 21,438 20,544 66,196 63,087
Occupancy and equipment 3,541 3,534 10,905 10,423
Professional services 2,570 1,899 7,077 6,287
FDIC deposit insurance 738 618 1,773 2,560
Data processing 1,367 1,759 4,174 5,287
Depreciation and amortization of bank premises and equipment 1,488 1,627 4,395 4,904
Other real estate owned / foreclosure expense 143 182 259 194
Other operating expenses 4,349 6,182 15,171 15,773
Total non-interest expense 35,634 36,345 109,950 108,515
Income before income taxes 32,422 34,812 92,033 86,452
Provision for income taxes        
Federal 5,783 6,410 16,042 16,338
State and local 3,197 2,989 9,295 6,404
Total provision for income taxes 8,980 9,399 25,337 22,742
Net income $ 23,442 $ 25,413 $ 66,696 $ 63,710
Basic earnings per common share $ 0.76 $ 0.81 $ 2.15 $ 2.02
Diluted earnings per common share 0.76 0.81 2.15 2.02
Dividends per common share $ 0.22 $ 0.21 $ 0.66 $ 0.63