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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Statement of Cash Flows [Abstract]    
Net income $ 15,344 $ 16,975
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 10,104 550
ESOP and stock compensation expense 1,654 3,333
Depreciation 1,612 1,542
Amortization of premiums, and deferred loan costs, net of (accretion) of discounts, and deferred loan fees 1,900 2,034
Amortization of intangible assets 110 136
Amortization of operating lease right-of-use assets 2,166 2,196
Income on bank owned life insurance (1,741) (1,804)
Net gain on sale of loans held-for-sale (665)
Proceeds from sale of loans held-for-sale 48,165 0
Origination of loans held-for-sale (47,500) 0
Gains on available-for-sale debt securities, net (60) (214)
Losses (gains) on trading securities, net 366 (1,429)
Net sales of trading securities 762 183
Decrease (increase) in accrued interest receivable 1,584 (1,157)
Increase in other assets (3,325) (2,457)
Decrease in accrued expenses and other liabilities (3,691) (3,828)
Net cash provided by operating activities 26,785 16,060
Cash flows from investing activities:    
Net increase in loans receivable (153,113) (53,140)
Purchases of loans 0 (41,527)
Purchases of Federal Home Loan Bank of New York stock (10,497) (14,291)
Redemptions of Federal Home Loan Bank of New York stock 20,610 4,478
Purchases of debt securities available-for-sale (132,052) (366,902)
Purchases of equity securities (24) (1,048)
Principal payments and maturities on debt securities available-for-sale 232,838 108,361
Principal payments and maturities on debt securities held-to-maturity 106 607
Proceeds from sale of debt securities available-for-sale 12,623 34,442
Proceeds from sale of equity securities 2,035 0
Proceeds from bank owned life insurance 2,716 0
Purchases and improvements of premises and equipment (1,223) (1,637)
Net cash used in investing activities (25,981) (330,657)
Cash flows from financing activities:    
Net increase in deposits 213,425 13,679
Dividends paid (10,319) (9,925)
Exercise of stock options 175 1,029
Purchase of treasury stock (107) (10,065)
Increase in advance payments by borrowers for taxes and insurance (163) 2,810
Repayments under capital lease obligations 0 (44)
Proceeds from securities sold under agreements to repurchase and other borrowings 370,267 349,760
Repayments related to securities sold under agreements to repurchase and other borrowings (611,000) (63,502)
Net cash (used in) provided by financing activities (37,722) 283,742
Net decrease in cash and cash equivalents (36,918) (30,855)
Cash and cash equivalents at beginning of period 147,818 77,762
Cash and cash equivalents at end of period 110,900 46,907
Cash paid during the period for:    
Interest 24,845 24,930
Income taxes 7,375 5,732
Non-cash transactions:    
Loan charge-offs, net 291 215
Initial recognition of operating lease right-of use assets 0 43,560
Initial recognition of operating lease liabilities 0 47,328
Transfer of originated loans held-for-investment to loans held-for-sale at fair value $ 47,500 $ 0