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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating Activities      
Net income (loss) $ (31,333) $ 28,664 $ 76,945
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Provision (benefit) for credit losses 9,568 10,518 5,081
Depreciation and amortization of premises and equipment 5,730 5,965 5,930
Net loss (gain) on sales of loans 3,563 (108) (119)
Net amortization (accretion) of premiums and discounts 3,494 498 1,139
Net (gain) loss on sales of OREO (174) 0 0
Net loss (gain) from disposition of assets 0 0 (104)
Net loss (gain) from sale of securities 72,315 0 10,948
Deferred income tax provision (benefit) (15,862) 3,721 144
Net (gain) loss from fair value adjustments 939 (2,573) (5,728)
Net (gain) loss from fair value adjustments of hedges (55) (371) (775)
Gain from life insurance proceeds (285) (1,281) (1,822)
Income from Bank owned life insurance (6,005) (4,573) (4,487)
Stock-based compensation expense 2,461 5,604 6,807
Deferred compensation (2,775) (4,210) (5,365)
Amortization of core deposit intangibles 414 480 545
(Increase) decrease in other assets (22,525) (19,308) 11,775
Increase (decrease) in other liabilities (7,058) 11,559 (15,159)
Net cash provided by (used in) operating activities 12,412 34,585 85,755
Investing Activities      
Purchases of premises and equipment (2,310) (5,488) (4,342)
Purchases of Federal Home Loan Bank New York stock (51,609) (122,102) (146,446)
Redemptions of Federal Home Loan Bank New York stock 44,579 136,878 136,541
Purchases of securities held-to-maturity 0 0 (16,475)
Proceeds from prepayments of securities held-to-maturity 1,538 794 387
Purchases of securities available for sale (1,302,609) (187,442) (224,940)
Proceeds from sales and calls of securities available for sale 522,096 0 73,276
Proceeds from maturities and prepayments of securities available for sale 203,265 57,493 96,861
Proceeds from bank owned life insurance 14 3,068 3,945
Change in cash collateral (4,780) (18,400) 66,345
Net repayments (originations) of loans 238,100 198,240 (93,262)
Purchases of loans (173,487) (166,344) (275,701)
Proceeds from sale of real estate owned 839 0 0
Proceeds from sale of loans originally classified as held to investment 18,760 9,042 31,993
Net cash provided by (used in) investing activities (505,604) (94,261) (351,818)
Financing Activities      
Net increase (decrease) in noninterest-bearing deposits (10,871) (73,822) (46,383)
Net increase (decrease) in interest-bearing deposits 370,857 400,804 200,019
Net increase (decrease) in mortgagors' escrow deposits 2,700 2,223 (3,754)
Net (repayments) proceeds from short-term borrowed funds 324,250 (605,750) 235,000
Proceeds from long-term borrowing 300,000 661,050 63,603
Repayment of long-term borrowings (551,117) (265,001) (55,685)
Purchase of treasury stock   (11,473) (27,246)
Repurchase of shares to satisfy tax obligations (1,707) (1,692) (2,429)
Net proceeds received in common stock offering 65,540    
Cash dividends paid (26,043) (26,260) (27,031)
Net cash provided by (used in) financing activities 473,609 80,079 336,094
Net increase (decrease) in cash and cash equivalents, and restricted cash (19,583) 20,403 70,031
Cash, cash equivalents, and restricted cash, beginning of period 172,157 151,754 81,723
Cash, cash equivalents, and restricted cash, end of period 152,574 172,157 151,754
Supplemental disclosure of cash flow information:      
Interest paid 278,702 214,610 63,680
Income taxes paid, net of refunds 8,578 6,269 32,411
Transfer of loans held for investment to other real estate owned 665    
Transfer of loans held for investment to loans held for sale 92,027 $ 8,506 $ 31,355
Securities purchased not yet settled 25,023    
Securities transferred from held-to-maturity to available for sale $ 20,627