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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and amounts due from depository institutions $ 24,292 $ 24,985
Interest-earning deposits 570,894 525,368
Total cash and cash equivalents 595,186 550,353
Interest-earning time deposits 735 735
Debt securities available for sale 95,429 91,613
Equity investments 1,580 2,500
Loans held for sale 838 917
Loans receivable, net of allowance for loan losses of $25,534 and $23,734, respectively 2,164,057 2,178,407
Federal Home Loan Bank of New York stock, at cost 14,586 13,821
Premises and equipment, net 19,292 19,920
Accrued interest receivable 8,936 8,318
Other real estate owned 1,623 1,623
Deferred income taxes 10,653 11,180
Goodwill and other intangibles 5,535 5,552
Operating lease right-of-use assets 14,084 13,246
Other assets 9,469 9,283
Total Assets 2,942,003 2,907,468
LIABILITIES    
Non-interest-bearing deposits 293,174 271,702
Interest bearing deposits 2,082,547 2,090,361
Total deposits 2,375,721 2,362,063
FHLB advances 262,800 245,800
Subordinated debentures 36,868 36,810
Operating lease liability 14,246 13,380
Other liabilities 11,730 9,942
Total Liabilities 2,701,365 2,667,995
STOCKHOLDERS' EQUITY    
Preferred stock: $0.01 par value, 10,000,000 shares authorized; issued and outstanding 8,326 and 8,340 shares of series C 6%, series D 4.5%, series G 6%, (liquidation value $10,000 per share) and series F 6% (liquidation value $1,000 per share) noncumulative perpetual preferred stock at March 31, 2020 and December 31, 2019, respectively
Additional paid-in capital preferred stock 24,876 25,016
Common stock: no par value; 40,000,000 shares authorized; issued 19,500,933 and 19,484,046 at March 31, 2020 and December 31, 2019, respectively, outstanding 17,406,657 shares and 17,516,828 shares, at March 31, 2020 and December 31, 2019, respectively
Additional paid-in capital common stock 190,658 190,294
Retained earnings 48,168 48,429
Accumulated other comprehensive (loss) 271 (2,218)
Treasury stock, at cost, 2,094,276 and 1,967,218 shares at March 31, 2020 and December 31, 2019, respectively (23,335) (22,048)
Total Stockholders' Equity 240,638 239,473
Total Liabilities and Stockholders' Equity $ 2,942,003 $ 2,907,468