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CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Cash and cash equivalent    
Cash and due from banks $ 12,086 $ 13,078
Overnight deposits 381,501 187,190
Total cash and cash equivalents 393,587 200,268
Investment securities available-for-sale, at fair value 578,932 482,085
Investment securities held-to-maturity (estimated fair value of $313.1 million and $366.7 million at December 31, 2025 and December 31, 2024, respectively) 356,627 428,557
Equity investment securities, at fair value 5,609 5,109
Total securities 941,168 915,751
Other investments 20,632 30,636
Loans, net of deferred fees and costs 6,810,233 6,034,076
Allowance for credit losses (97,081) (63,273)
Net loans 6,713,152 5,970,803
Other assets 187,177 183,291
Total assets 8,255,716 7,300,749
Deposits    
Noninterest-bearing demand deposits 1,479,420 1,334,054
Interest-bearing deposits 5,897,758 4,648,919
Total deposits 7,377,178 5,982,973
Federal funds purchased   210,000
Federal Home Loan Bank of New York advances   240,000
Trust preferred securities 20,620 20,620
Secured and other borrowings 10,975 7,441
Other liabilities 103,831 109,888
Total liabilities 7,512,604 6,570,922
Stockholders' Equity    
Common stock, $0.01 par value, 25,000,000 shares authorized, 11,300,191 and 11,197,625 shares issued; and 10,088,617 and 11,197,625 shares outstanding at December 31, 2025 and December 31, 2024, respectively 113 112
Additional paid in capital 405,565 400,188
Retained earnings 450,639 382,661
Accumulated other comprehensive income (loss), net of tax (39,739) (53,134)
Treasury stock, at cost, 1,211,574 and 0 shares at December 31, 2025 and December 31, 2024, respectively (73,466)  
Total stockholders' equity 743,112 729,827
Total liabilities and stockholders' equity $ 8,255,716 $ 7,300,749