
					Changes in Fair Values For Items Measured at Fair Value
	Fair Value		Fair Value		Pursuant to Election of the Fair Value Option
	Measurements at		Measurements at		For the three months ended June 30,				For the six months ended June 30,
Description	June 30, 2024		December 31, 2023		2024		2023		2024		2023
(In thousands)
Mortgage-backed securities	$	246	$	262	$	1	$	—	$	1	$	1
Other securities		13,112		13,097		(51)		(192)		(151)		(83)
Borrowed funds		48,541		47,850		107		486		(627)		2,995
Net gain (loss) from fair value adjustments					$	57	$	294	$	(777)	$	2,913


	For the three months ended
	June 30, 2024				June 30, 2023
	Trust preferred		Junior subordinated		Trust preferred		Junior subordinated
	securities		debentures		securities		debentures

	(In thousands)
Beginning balance	$	1,460	$	48,622	$	1,445	$	48,117
Net gain (loss) from fair value adjustment of financial assets⁽¹⁾		(2)		—		(12)		—
Net (gain) loss from fair value adjustment of financial liabilities⁽¹⁾		—		(106)		—		(486)
Increase (decrease) in accrued interest		(1)		(24)		1		28
Change in unrealized (gains) losses included in other comprehensive loss		—		49		—		118
Ending balance	$	1,457	$	48,541	$	1,434	$	47,777
Changes in unrealized gains (losses) held at period end	$	—	$	2,330	$	—	$	1,961


	For the six months ended
	June 30, 2024				June 30, 2023
	Trust preferred		Junior subordinated		Trust preferred		Junior subordinated
	securities		debentures		securities		debentures

	(In thousands)
Beginning balance	$	1,437	$	47,850	$	1,516	$	50,507
Net gain (loss) from fair value adjustment of financial assets⁽¹⁾		21		—		(83)		—
Net (gain) loss from fair value adjustment of financial liabilities⁽¹⁾		—		629		—		(2,995)
Increase (decrease) in accrued interest		(1)		(32)		1		40
Change in unrealized (gains) losses included in other comprehensive loss		—		94		—		225
Ending balance	$	1,457	$	48,541	$	1,434	$	47,777
Changes in unrealized gains (losses) held at period end	$	—	$	2,330	$	—	$	1,961

(1) Presented in the Consolidated Statements of Income under net (loss) gain from fair value adjustments.


	June 30, 2024
	Carrying		Fair
	Amount		Value		Level 1		Level 2		Level 3

	(In thousands)
Assets:

Cash and due from banks	$	156,913	$	156,913	$	156,913	$	—	$	—
Securities held-to-maturity
Mortgage-backed securities		7,846		6,917		—		6,917		—
Other securities		65,255		54,153		—		—		54,153
Securities available for sale
Mortgage-backed securities		869,494		869,494		—		869,494		—
Other securities		679,117		679,117		11,655		666,005		1,457
Loans		6,777,026		6,367,675		—		—		6,367,675
FHLB-NY stock		46,331		46,331		—		46,331		—
Accrued interest receivable		62,752		62,752		—		62,752		—
Interest rate swaps		73,259		73,259		—		73,259		—

Liabilities:

Deposits	$	6,906,863	$	6,868,983	$	4,470,969	$	2,398,014	$	—
Borrowed Funds		1,316,565		1,272,691		—		1,224,150		48,541
Accrued interest payable		14,208		14,208		—		14,208		—
Interest rate swaps		—		19,685		—		19,685		—


	December 31, 2023
	Carrying		Fair
	Amount		Value		Level 1		Level 2		Level 3

	(In thousands)
Assets:

Cash and due from banks	$	172,157	$	172,157	$	172,157	$	—	$	—
Securities held-to-maturity
Mortgage-backed securities		7,855		7,058		—		7,058		—
Other securities		66,155		58,697		—		—		58,697
Securities available for sale
Mortgage-backed securities		354,344		354,344		—		354,344		—
Other securities		520,409		520,409		11,660		507,312		1,437
Loans		6,906,950		6,512,841		—		—		6,512,841
FHLB-NY stock		31,066		31,066		—		31,066		—
Accrued interest receivable		59,018		59,018		—		59,018		—
Interest rate swaps		69,013		69,013		—		69,013		—

Liabilities:

Deposits	$	6,815,261	$	6,778,657	$	4,503,971	$	2,274,686	$	—
Borrowed Funds		841,281		801,156		—		753,306		47,850
Accrued interest payable		12,111		12,111		—		12,111		—
Interest rate swaps		28,401		28,401		—		28,401		—


	June 30, 2024
			Valuation	Input			Weighted
	Fair Value		Technique	Unobservable	Range		Average

	(Dollars in thousands)
Assets:
Trust preferred securities	$	1,457	Discounted cash flows	Spread over 3-month SOFR	4.3	%	n/a

Liabilities:
Junior subordinated debentures	$	48,541	Discounted cash flows	Spread over 3-month SOFR	4.3	%	n/a


	December 31, 2023
			Valuation	Input			Weighted
	Fair Value		Technique	Unobservable	Range		Average

	(Dollars in thousands)
Assets:
Trust preferred securities	$	1,437	Discounted cash flows	Spread over 3-month SOFR	4.4	%	n/a

Liabilities:
Junior subordinated debentures	$	47,850	Discounted cash flows	Spread over 3-month SOFR	4.4	%	n/a