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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and amounts due from depository institutions $ 23,125 $ 16,460
Interest-earning deposits 157,320 107,775
Total cash and cash equivalents 180,445 124,235
Interest-earning time deposits 980 980
Debt securities available for sale 127,291 114,295
Equity investments 8,134 8,294
Loans held for sale 1,405 1,295
Loans receivable, net of allowance for loan losses of $20,640 and $17,375 respectively 2,119,829 1,643,677
Federal Home Loan Bank of New York stock, at cost 16,744 10,211
Premises and equipment, net 21,055 18,768
Accrued interest receivable 7,563 6,153
Other real estate owned 1,178 532
Deferred income taxes 11,451 5,144
Goodwill 5,281  
Other assets 15,208 9,253
Total Assets 2,516,564 1,942,837
LIABILITIES    
Non-interest bearing deposits 229,292 201,043
Interest bearing deposits 1,755,584 1,368,327
Total deposits 1,984,876 1,569,370
FHLB advances 320,005 185,000
Subordinated debentures 4,124 4,124
Other liabilities and accrued interest payable 13,483 7,889
Total Liabilities 2,322,488 1,766,383
STOCKHOLDERS' EQUITY    
Preferred stock: $0.01 par value, 10,000,000 shares authorized; issued and outstanding 7,807 shares of series C 6%, series D 4.5%, (liquidation value $10,000 per share) and series F 6% (liquidation value $1,000 per share) noncumulative perpetual preferred stock at June 30, 2018 and 1,342 shares of series C 6% and series D 4.5% (liquidation value $10,000 per share) noncumulative perpetual preferred stock at December 31, 2017
Additional paid-in capital preferred stock 19,706 13,241
Common stock: no par value; 20,000,000 shares authorized; issued 18,313,476 and 17,572,942 at June 30, 2018 and December 31, 2017, respectively, outstanding 15,782,713 shares and 15,042,179 shares, at June 30, 2018 and December 31, 2017, respectively
Additional paid-in capital common stock 175,716 164,230
Retained earnings 33,570 31,241
Accumulated other comprehensive (loss) (5,800) (3,142)
Treasury stock, at cost, 2,530,763 shares at June 30, 2018 and December 31, 2017 (29,116) (29,116)
Total Stockholders' Equity 194,076 176,454
Total Liabilites and Stockholders' equity $ 2,516,564 $ 1,942,837