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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
ASSETS    
Cash and due from financial institutions $ 32,622 $ 33,040
Interest-earning deposits in other financial institutions 83,838 96,932
Total cash and cash equivalents 116,460 129,972
Equity investments, at estimated fair value 2,079 1,909
Securities available for sale, at estimated fair value 269,286 242,258
Securities held to maturity, estimated fair value of $4,099 at June 30, 2019 and $4,858 at December 31, 2018 4,090 4,875
FHLBNY and FRBNY Stock, at cost 3,091 3,138
Loans, net of deferred loan fees 1,288,371 1,311,906
Allowance for loan losses (19,656) (18,944)
Loans, net 1,268,715 1,292,962
Loans held for sale 624 502
Premises and equipment, net 23,605 24,980
Operating lease right-of-use assets 8,220 0
Goodwill 21,824 21,824
Other intangible assets, net 1,037 1,351
Bank-owned life insurance 3,079 3,048
Accrued interest receivable and other assets 30,887 28,524
Total assets 1,752,997 1,755,343
Deposits:    
Non-interest-bearing 451,985 484,433
Interest-bearing 1,089,153 1,084,804
Total deposits 1,541,138 1,569,237
Long term finance lease obligation 4,195  
Long term finance lease obligation   4,304
Operating lease liabilities 8,250  
Dividends payable 1,259 1,254
Accrued interest payable and other liabilities 19,768 15,519
Total liabilities 1,574,610 1,590,314
Shareholders' equity:    
Common stock, $0.01 par value per share, 10,000,000 shares authorized; 5,310,076 issued at June 30, 2019 and December 31, 2018 53 53
Additional paid-in capital 46,284 45,820
Retained earnings 150,063 143,129
Treasury stock, at cost; 469,138 shares at June 30, 2019 and 488,844 shares at December 31, 2018 (12,062) (12,562)
Accumulated other comprehensive loss (5,951) (11,411)
Total shareholders' equity 178,387 165,029
Total liabilities and shareholders' equity $ 1,752,997 $ 1,755,343