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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Jun. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and due from financial institutions $ 26,684 $ 28,205
Interest-bearing deposits in other financial institutions 37,862 45,957
Total cash and cash equivalents 64,546 74,162
Trading assets, at fair value 877 774
Securities available for sale, at estimated fair value 324,293 303,402
Securities held to maturity, estimated fair value of $5,117 at June 30, 2017 and $4,912 at December 31, 2016 4,928 4,705
FHLBNY and FRBNY Stock, at cost 3,764 4,041
Loans, net of deferred loan fees 1,252,647 1,200,290
Allowance for loan losses (15,104) (14,253)
Loans, net 1,237,543 1,186,037
Loans held for sale 386 412
Premises and equipment, net 27,836 28,923
Goodwill 21,824 21,824
Other intangible assets, net 2,506 2,945
Bank-owned life insurance 2,947 2,912
Accrued interest receivable and other assets 27,122 27,042
Total assets 1,718,572 1,657,179
Deposits:    
Non-interest-bearing 436,017 417,812
Interest-bearing 1,089,020 1,038,531
Total deposits 1,525,037 1,456,343
Securities sold under agreements to repurchase 11,937 27,606
FHLBNY term advances 9,038 9,093
Long term capital lease obligation 4,620 4,722
Dividends payable 1,231 1,225
Accrued interest payable and other liabilities 14,747 14,442
Total liabilities 1,566,610 1,513,431
Shareholders' equity:    
Common stock, $0.01 par value per share, 10,000,000 shares authorized; 5,310,076 issued at June 30, 2017 and December 31, 2016 53 53
Additional paid-in capital 45,966 45,603
Retained earnings 127,585 124,111
Treasury stock, at cost; 574,015 shares at June 30, 2017 and 597,843 shares at December 31, 2016 (14,670) (15,265)
Accumulated other comprehensive loss (6,972) (10,754)
Total shareholders' equity 151,962 143,748
Total liabilities and shareholders' equity $ 1,718,572 $ 1,657,179