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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 6,867 $ 6,530
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization (increase in) of right-of-use assets 199 (190)
Amortization of intangible assets 11 101
Provision for loan losses (1,145) (259)
Loss on disposal of fixed assets 20 0
Depreciation and amortization of fixed assets 579 666
Amortization of premiums on securities, net 1,146 1,274
Gain on sales of loans held for sale, net (74) (300)
Proceeds from sales of loans held for sale 3,901 6,941
Loans originated and held for sale (3,776) (6,766)
Net losses on sale of other real estate owned 0 18
Net change in fair value of equity investments 113 (86)
Purchase of equity investments (98) (90)
(Increase) Decrease in other assets and accrued interest receivable (4,905) 894
Increase in accrued interest payable 17 28
Expense related to restricted stock units for directors' deferred compensation plan 5 5
Expense related to employee stock compensation 0 132
Expense related to employee restricted stock awards 179 136
Increases in (payments on) operating leases (192) 198
Increase (decrease) in other liabilities 3,148 (1,012)
Income from bank owned life insurance (11) (15)
Net cash provided by operating activities 5,984 8,205
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from maturities, calls, and principal paydowns on securities available for sale 24,813 39,219
Proceeds from maturities and principal collected on securities held to maturity 211 11
Purchases of securities available for sale (22,388) (125,706)
Purchase of FHLBNY and FRBNY stock (1,304) (14)
Redemption of FHLBNY and FRBNY stock 1,946 0
Proceeds from sales of fixed assets 125 0
Purchases of premises and equipment (15) (88)
Proceeds from sale of other real estate owned 0 128
Proceeds from bank owned life insurance 0 287
Net increase in loans (48,365) (44,242)
Net cash used in investing activities (44,977) (130,405)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in demand deposits, interest-bearing demand accounts, savings accounts, and insured money market accounts 35,187 159,586
Increase in time deposits 58,972 13,021
Repayments of FHLB overnight advances (14,570) 0
Payments made on finance leases (67) (61)
Purchase of treasury stock (695) (801)
Sale of treasury stock 118 130
Cash dividends paid (1,450) (1,214)
Net cash provided by financing activities 77,495 170,661
Net increase in cash and cash equivalents 38,502 48,461
Cash and cash equivalents, beginning of period 26,981 108,538
Cash and cash equivalents, end of period 65,483 156,999
Cash paid for:    
Interest 764 926
Income taxes 115 550
Supplemental disclosure of non-cash activity:    
Transfer of loans to other real estate owned 137 0
Dividends declared, not yet paid 1,449 1,211
Repurchase of common stock in lieu of employee payroll taxes 53 80
Distribution of treasury stock for directors' compensation 105 317
Distribution of treasury stock for deferred directors' compensation $ 6 $ 0