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Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Interest income:        
Loans $ 35,343 $ 33,308 $ 70,680 $ 65,898
Mortgage-backed securities 4,304 4,599 9,926 8,673
Other securities 777 1,699 1,801 3,564
Federal Home Loan Bank of New York dividends 456 340 1,033 742
Deposits in other financial institutions 31 247 203 782
Total interest income 40,911 40,193 83,643 79,659
Interest expense:        
Deposits 7,473 10,549 16,752 20,796
Borrowings 3,208 2,485 6,728 4,374
Total interest expense 10,681 13,034 23,480 25,170
Net interest income 30,230 27,159 60,163 54,489
Provision for loan losses 1,921 491 10,104 550
Net interest income after provision for loan losses 28,309 26,668 50,059 53,939
Non-interest income:        
Fees and service charges for customer services 666 1,207 1,786 2,347
Income on bank owned life insurance 865 907 1,741 1,804
Gains on available-for-sale debt securities, net 73 59 60 214
Gains (losses) on trading securities, net 1,626 343 (366) 1,429
Gains on sale of loans 665 0 665 0
Other 343 50 460 86
Total non-interest income 4,238 2,566 4,346 5,880
Non-interest expense:        
Compensation and employee benefits 10,444 9,837 17,733 20,857
Occupancy 3,018 3,120 6,078 6,402
Furniture and equipment 349 265 682 524
Data processing 1,612 1,437 3,072 2,700
Professional fees 1,045 811 2,154 1,558
Advertising 343 1,331 1,161 2,095
FDIC insurance 216 255 216 532
Other 828 1,694 2,441 3,286
Total non-interest expense 17,855 18,750 33,537 37,954
Income before income tax expense 14,692 10,484 20,868 21,865
Income tax expense 3,899 2,280 5,524 4,890
Net income $ 10,793 $ 8,204 $ 15,344 $ 16,975
Net income per common share:        
Basic (usd per share) $ 0.23 $ 0.18 $ 0.33 $ 0.36
Diluted (usd per share) $ 0.23 $ 0.17 $ 0.33 $ 0.36
Unrealized gains on debt securities available-for-sale:        
Net unrealized holding gains $ 5,603 $ 9,930 $ 13,913 $ 18,693
Less: reclassification adjustment for net gains included in net income (73) (59) (60) (214)
Net unrealized gains 5,530 9,871 13,853 18,479
Income tax expense related to net unrealized holding gains on debt securities available-for-sale (1,568) (2,779) (3,894) (5,232)
Income tax expense related to reclassification adjustment for gains included in net income 20 17 17 60
Other comprehensive income, net of tax 3,982 7,109 9,976 13,307
Comprehensive income $ 14,775 $ 15,313 $ 25,320 $ 30,282