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Consolidated Statements of Income - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Interest and dividend income        
Interest and fees on loans $ 95,780 $ 91,466 $ 281,467 $ 259,732
Interest and dividends on securities:        
Interest 24,215 10,383 54,965 26,795
Dividends 33 33 99 92
Other interest income 2,565 2,154 8,791 6,095
Total interest and dividend income 122,593 104,036 345,322 292,714
Interest expense        
Deposits 66,150 50,066 184,908 135,371
Other interest expense 10,840 9,543 29,638 24,276
Total interest expense 76,990 59,609 214,546 159,647
Net interest income 45,603 44,427 130,776 133,067
Provision (benefit) for credit losses 1,727 596 3,128 9,520
Net interest income after provision (benefit) for credit losses 43,876 43,831 127,648 123,547
Non-interest income        
Banking services fee income 1,790 2,636 4,767 5,827
Net gain (loss) on sale of loans 137   273 108
Net gain (loss) from fair value adjustments 974 (1,246) 197 1,667
Federal Home Loan Bank of New York stock dividends 624 624 2,036 1,855
Life insurance proceeds 1 23 1 584
Bank owned life insurance 1,260 1,157 3,683 3,400
Other income 1,491 115 2,620 1,745
Total non-interest income (loss) 6,277 3,309 13,577 15,186
Non-interest expense        
Salaries and employee benefits 22,216 20,346 66,052 62,598
Occupancy and equipment 3,745 3,371 11,237 10,698
Professional services 2,752 2,494 8,330 7,046
FDIC deposit insurance 1,318 912 4,292 2,832
Data processing 1,681 1,422 5,193 4,330
Depreciation and amortization of bank premises and equipment 1,436 1,482 4,318 4,474
Other real estate owned / foreclosure expense 135 185 405 500
Net (gain) loss from sales of real estate owned (174)   (174) 0
Other operating expenses 5,587 6,176 17,982 18,176
Total non-interest expense 38,696 36,388 117,635 110,654
Income before income taxes 11,457 10,752 23,590 28,079
Provision for income taxes        
Federal 1,484 2,029 3,583 5,318
State and local 1,067 888 2,095 2,196
Total provision for income taxes 2,551 2,917 5,678 7,514
Net income $ 8,906 $ 7,835 $ 17,912 $ 20,565
Basic earnings per common share $ 0.30 $ 0.26 $ 0.60 $ 0.69
Diluted earnings per common share $ 0.30 $ 0.26 $ 0.60 $ 0.69