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Consolidated Statements of Comprehensive (Loss) Income - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Interest income:        
Loans $ 38,998 $ 39,699 $ 75,719 $ 80,976
Mortgage-backed securities 3,043 2,682 5,518 5,641
Other securities 989 484 1,684 908
FHLB of New York dividends 260 336 505 706
Deposits in other financial institutions 166 35 224 72
Total interest income 43,456 43,236 83,650 88,303
Interest expense:        
Deposits 1,334 1,671 2,493 3,541
Borrowings 1,918 2,878 4,084 5,899
Subordinated debt 119 0 119 0
Total interest expense 3,371 4,549 6,696 9,440
Net interest income 40,085 38,687 76,954 78,863
Provision (benefit) for credit losses 149 (3,701) 552 (6,075)
Net interest income after provision/(benefit) for credit losses 39,936 42,388 76,402 84,938
Non-interest income:        
Fees and service charges for customer services 1,375 1,327 2,706 2,524
Income on bank-owned life insurance 848 857 1,687 1,705
Gains on available-for-sale debt securities, net 0 509 264 606
(Losses)/gains on trading securities, net (1,563) 807 (2,365) 1,171
Gains on sales of loans 0 1,401 0 1,401
Other 105 15 186 145
Total non-interest income 765 4,916 2,478 7,552
Non-interest expense:        
Compensation and employee benefits 9,418 10,806 18,925 21,338
Occupancy 3,286 3,500 6,694 7,201
Furniture and equipment 426 442 852 879
Data processing 1,762 1,798 3,475 3,430
Professional fees 1,229 832 2,137 1,738
Advertising 404 684 837 1,149
Federal Deposit Insurance Corporation insurance 355 346 712 721
Other 1,833 1,463 3,790 2,978
Total non-interest expense 18,713 19,871 37,422 39,434
Income before income tax expense 21,988 27,433 41,458 53,056
Income tax expense 6,114 7,639 11,457 14,585
Net income $ 15,874 $ 19,794 $ 30,001 $ 38,471
Net income per common share:        
Basic (usd per share) $ 0.34 $ 0.40 $ 0.64 $ 0.78
Diluted (usd per share) $ 0.34 $ 0.40 $ 0.64 $ 0.78
Unrealized losses on debt securities available-for-sale:        
Net unrealized holding losses $ (11,079) $ (2,006) $ (45,973) $ (3,150)
Less: reclassification adjustment for net gains included in net income 0 (509) (264) (606)
Net unrealized losses (11,079) (2,515) (46,237) (3,756)
Post-retirement benefits adjustment 0 0 (48) 0
Other comprehensive loss, before tax (11,079) (2,515) (46,285) (3,756)
Income tax benefit related to net unrealized holding losses on debt securities available-for-sale 3,102 560 12,869 881
Income tax expense related to reclassification adjustment for gains included in net income 0 143 74 170
Income tax expense related to post retirement benefit adjustment 0 0 13 0
Other comprehensive loss, net of tax (7,977) (1,812) (33,329) (2,705)
Comprehensive income (loss) $ 7,897 $ 17,982 $ (3,328) $ 35,766