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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2015
Dec. 31, 2014
ASSETS    
Cash and due from financial institutions $ 30,800 $ 28,130
Interest-bearing deposits in other financial institutions 44,449 1,033
Total cash and cash equivalents 75,249 29,163
Trading assets, at fair value 636 549
Securities available for sale, at estimated fair value 335,571 280,507
Securities held to maturity, estimated fair value of $4,897 at September 30, 2015 and $6,197 at December 31, 2014 4,604 5,831
FHLBNY and FRBNY Stock, at cost 4,171 5,535
Loans, net of deferred loan fees 1,141,937 1,121,574
Allowance for loan losses (14,022) (13,686)
Loans, net 1,127,915 1,107,888
Loans held for sale 316 665
Premises and equipment, net 30,023 32,287
Goodwill 21,824 21,824
Other intangible assets, net 4,201 5,067
Bank owned life insurance 2,820 2,764
Accrued interest receivable and other assets 24,309 32,459
Total assets 1,631,639 1,524,539
Deposits:    
Non-interest-bearing 392,734 366,298
Interest-bearing 1,017,707 913,716
Total deposits 1,410,441 1,280,014
FHLBNY overnight advances 0 30,830
Securities sold under agreements to repurchase 30,358 29,652
FHLBNY term advances 19,230 19,310
Long term capital lease obligation 2,910 2,976
Dividends payable 1,211 1,204
Accrued interest payable and other liabilities 28,774 26,925
Total liabilities 1,492,924 1,390,911
Shareholders' equity:    
Common stock, $0.01 par value per share, 10,000,000 shares authorized; 5,310,076 issued at September 30, 2015 and December 31, 2014 53 53
Additional-paid-in-capital 45,545 45,355
Retained earnings 118,057 114,383
Treasury stock, at cost; 652,599 shares at September 30, 2015 and 680,948 shares at December 31, 2014 (16,654) (17,378)
Accumulated other comprehensive loss (8,286) (8,785)
Total shareholders' equity 138,715 133,628
Total liabilities and shareholders' equity $ 1,631,639 $ 1,524,539