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Consolidated Statements of Cash Flows - USD ($)
 3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from Operating Activities:    
Net Income $ 2,521,000 $ 5,451,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of premises and equipment 734,000 716,000
Amortization and accretion, net (579,000) (765,000)
Provision for loan losses 1,500,000 889,000
Deferred income tax benefit (293,000) (270,000)
Loans originated for sale (3,868,000) (4,240,000)
Proceeds from sale of loans 4,008,000 4,364,000
Gain on sales of loans originated for sale (61,000) (318,000)
Gain on sales of other real estate owned   (8,000)
Unrealized (gain) loss on equity investments 440,000 (291,000)
Gain on bulk sale of impaired loans held in portfolio   (107,000)
Stock-based compensation expense 279,000 190,000
Increase in interest receivable (618,000) (1,372,000)
Increase in other assets (186,000) (769,000)
Decrease in accrued interest payable (516,000) (264,000)
Increase in other liabilities 2,304,000 3,404,000
Net Cash Provided by Operating Activities 5,665,000 6,610,000
Cash flows from Investing Activities:    
Proceeds from repayments, calls, and maturities on securities available for sale 7,413,000 3,614,000
Purchases of securities available for sale (7,502,000)  
Proceeds from sales of other real estate owned   142,000
Proceeds from bulk sale of impaired loans held   402,000
Net decrease (increase) in loans receivable 13,594,000 (29,451,000)
Additions to premises and equipment (106,000) (107,000)
Purchase of Federal Home Loan Bank of New York stock (765,000)  
Net Cash Provided (Used In) Investing Activities 12,634,000 (25,400,000)
Cash flows from Financing Activities:    
Net increase in deposits 13,658,000 7,909,000
Proceeds from Federal Home Loan Bank of New York Advances 27,000,000  
Repayments of Federal Home Loan Bank of New York Advances (10,000,000)  
Purchases of treasury stock (1,287,000)  
Cash dividends paid on common stock (2,336,000) (2,136,000)
Cash dividends paid on preferred stock (342,000) (317,000)
Net (costs) proceeds from issuance of common stock (24,000) 6,308,000
Net proceeds from issuance of preferred stock   5,310,000
Net payment on redemption of preferred stock (140,000)  
Exercise of stock options 5,000  
Net Cash Provided by Financing Activities 26,534,000 17,074,000
Net Increase (Decrease) in Cash and Cash Equivalents 44,833,000 (1,716,000)
Cash and Cash Equivalents-Beginning 550,353,000 195,264,000
Cash and Cash Equivalents-Ending 595,186,000 193,548,000
Supplementary Cash Flow Information:    
Cash paid during the year for: Income taxes 279,000 218,000
Cash paid during the year for: Interest $ 11,157,000 9,840,000
Non-cash items:    
Transfer of loans to other real estate owned   $ 547,000