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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
ASSETS    
Cash and due from financial institutions $ 34,572 $ 28,205
Interest-bearing deposits in other financial institutions 21,806 45,957
Total cash and cash equivalents 56,378 74,162
Trading assets, at fair value 909 774
Securities available for sale, at estimated fair value 312,226 303,402
Securities held to maturity, estimated fair value of $3,861 at September 30, 2017 and $4,912 at December 31, 2016 3,865 4,705
FHLBNY and FRBNY Stock, at cost 3,497 4,041
Loans, net of deferred loan fees 1,288,813 1,200,290
Allowance for loan losses (15,694) (14,253)
Loans, net 1,273,119 1,186,037
Loans held for sale 1,246 412
Premises and equipment, net 27,366 28,923
Goodwill 21,824 21,824
Other intangible assets, net 2,292 2,945
Bank-owned life insurance 2,964 2,912
Accrued interest receivable and other assets 25,996 27,042
Total assets 1,731,682 1,657,179
Deposits:    
Non-interest-bearing 449,841 417,812
Interest-bearing 1,087,177 1,038,531
Total deposits 1,537,018 1,456,343
Securities sold under agreements to repurchase 10,000 27,606
FHLBNY term advances 9,009 9,093
Long term capital lease obligation 4,568 4,722
Dividends payable 1,232 1,225
Accrued interest payable and other liabilities 15,578 14,442
Total liabilities 1,577,405 1,513,431
Shareholders' equity:    
Common stock, $0.01 par value per share, 10,000,000 shares authorized; 5,310,076 issued at September 30, 2017 and December 31, 2016 53 53
Additional paid-in capital 46,089 45,603
Retained earnings 130,006 124,111
Treasury stock, at cost; 571,115 shares at September 30, 2017 and 597,843 shares at December 31, 2016 (14,596) (15,265)
Accumulated other comprehensive loss (7,275) (10,754)
Total shareholders' equity 154,277 143,748
Total liabilities and shareholders' equity $ 1,731,682 $ 1,657,179