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v3.25.1

FAIR VALUE OF FINANCIAL INSTRUMENTS (Carrying Amount and Estimated Fair Values of Financial Instruments) (Details) - USD ($) $ in Thousands | Mar. 31, 2025 | Dec. 31, 2024
--- | --- | ---
Financial assets: |  |
Securities held to maturity | $ 343,800 | $ 366,700
Financial liabilities: |  |
Noninterest bearing demand accounts | 1,384,524 | 1,334,054
Federal funds purchased | 125,000 | 210,000
Federal Home Loan Bank of New York advances | 160,000 | 240,000
Carrying Amount |  |
Financial assets: |  |
Cash and due from banks | 18,572 | 13,078
Overnight deposits | 177,891 | 187,190
Securities held to maturity | 398,973 | 428,557
Loans, net | 6,274,319 | 5,970,803
Other investments |  |
FRB Stock | 11,410 | 11,410
FHLB Stock | 13,654 | 17,228
Disability Fund | 1,500 | 1,500
Time deposits at banks | 498 | 498
Accrued interest receivable | 34,757 | 33,209
Financial liabilities: |  |
Noninterest bearing demand accounts | 1,384,524 | 1,334,054
Money market and savings deposits | 4,930,910 | 4,523,522
Time deposits | 133,858 | 125,397
Federal funds purchased | 125,000 | 210,000
Federal Home Loan Bank of New York advances | 160,000 | 240,000
Trust preferred securities payable | 20,620 | 20,620
Accrued interest payable | 3,075 | 1,809
Secured and other borrowings | 17,403 | 7,441
Total Fair Value |  |
Financial assets: |  |
Cash and due from banks | 18,572 | 13,078
Overnight deposits | 177,891 | 187,190
Securities held to maturity | 343,834 | 366,719
Loans, net | 6,324,657 | 5,878,582
Other investments |  |
Disability Fund | 1,500 | 1,500
Time deposits at banks | 498 | 498
Accrued interest receivable | 34,757 | 33,209
Financial liabilities: |  |
Noninterest bearing demand accounts | 1,384,524 | 1,334,054
Money market and savings deposits | 4,930,910 | 4,523,522
Time deposits | 133,771 | 125,288
Federal funds purchased | 125,000 | 210,000
Federal Home Loan Bank of New York advances | 160,082 | 240,000
Trust preferred securities payable | 20,024 | 20,024
Accrued interest payable | 3,075 | 1,809
Secured and other borrowings | 17,403 | 7,441
Fair Value, Inputs, Level 1 |  |
Financial assets: |  |
Cash and due from banks | 18,572 | 13,078
Overnight deposits | 177,891 | 187,190
Other investments |  |
Time deposits at banks | 498 | 498
Financial liabilities: |  |
Noninterest bearing demand accounts | 1,384,524 | 1,334,054
Money market and savings deposits | 4,930,910 | 4,523,522
Accrued interest payable | 1,029 | 12
Fair Value, Inputs, Level 2 |  |
Financial assets: |  |
Securities held to maturity | 343,834 | 366,719
Other investments |  |
Disability Fund | 1,500 | 1,500
Accrued interest receivable | 1,961 | 2,105
Financial liabilities: |  |
Time deposits | 133,771 | 125,288
Federal funds purchased | 125,000 | 210,000
Federal Home Loan Bank of New York advances | 160,082 | 240,000
Accrued interest payable | 1,712 | 1,436
Secured and other borrowings | 17,403 | 7,441
Fair Value, Inputs, Level 3 |  |
Financial assets: |  |
Loans, net | 6,324,657 | 5,878,582
Other investments |  |
Accrued interest receivable | 32,796 | 31,104
Financial liabilities: |  |
Trust preferred securities payable | 20,024 | 20,024
Accrued interest payable | $ 334 | $ 361

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