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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 25,000,000 $ 28,783,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization of right-of-use assets 801,000 785,000
Amortization of intangible assets 0 15,000
Deferred income tax (benefit) expense (1,609,000) 1,722,000
Provision for credit losses 3,425,000 (554,000)
Loss on disposal of fixed assets 3,000 56,000
Depreciation and amortization of fixed assets 2,001,000 2,226,000
Amortization of premiums on securities, net 2,458,000 3,761,000
Gains on sales of loans held for sale, net (144,000) (107,000)
Proceeds from sales of loans held for sale 6,569,000 5,819,000
Loans originated and held for sale (6,425,000) (5,316,000)
Net (gains) on sale of other real estate owned (37,000) (60,000)
Write-downs on OREO 3,000 0
Net change in fair value of equity investments (103,000) 349,000
Proceeds from sales of equity investments (113,000) (215,000)
Net (gains) on interest rate swaps (16,000) (173,000)
(Increase) in other assets (1,298,000) (28,071,000)
Increase in accrued interest payable 2,115,000 654,000
Expense related to restricted stock units for directors' deferred compensation plan 20,000 290,000
Expense related to employee restricted stock awards 1,139,000 795,000
Payments on operating leases (1,594,000) (1,195,000)
Increase (decrease) in other liabilities (1,271,000) 25,529,000
Income from bank owned life insurance (43,000) (46,000)
Net cash provided by operating activities 30,881,000 35,047,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Proceeds from sales, maturities, calls, and principal paydowns on securities available for sale 60,852,000 86,206,000
Proceeds from sales, maturities and principal collected on securities held to maturity 1,613,000 2,335,000
Purchases of securities available for sale (3,209,000) (23,743,000)
Purchases of securities held to maturity 0 (980,000)
Purchase of FHLBNY and FRBNY stock (99,926,000) (36,214,000)
Redemption of FHLBNY and FRBNY stock 102,625,000 32,235,000
Purchases of premises and equipment (462,000) (426,000)
Proceeds from sale of other real estate owned 288,000 326,000
Net (increase) in loans (144,162,000) (312,359,000)
Net cash (used by) provided by investing activities (82,381,000) (252,620,000)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net (decrease) in demand, interest-bearing demand, savings, and insured money market deposits (107,681,000) (34,233,000)
Net increase in time deposits 209,881,000 206,027,000
Net change in FHLBNY overnight advances (63,890,000) 81,240,000
Principal payments made on capital leases (277,000) (267,000)
Purchase of treasury stock (316,000) (933,000)
Sale of treasury stock 601,000 424,000
Cash dividends paid (5,840,000) (5,797,000)
Net cash (used in) provided by financing activities 32,478,000 246,461,000
Net increase (decrease) in cash and cash equivalents (19,022,000) 28,888,000
Cash and cash equivalents, beginning of period 55,869,000 26,981,000
Cash and cash equivalents, end of period 36,847,000 55,869,000
Cash paid during the year for:    
Interest 36,502,000 6,642,000
Income Taxes 7,863,000 5,625,000
Supplemental disclosure of non-cash activity:    
Transfer of loans to other real estate owned 378,000 348,000
Dividends declared, not yet paid $ 1,469,000 $ 1,455,000