XML 12 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Cash and amounts due from depository institutions $ 18,799 $ 24,985
Interest-earning deposits 393,450 525,368
Total cash and cash equivalents 412,249 550,353
Interest-earning time deposits 735 735
Debt securities available for sale 127,518 91,613
Equity investments 12,683 2,500
Loans held for sale 760 917
Loans receivable, net of allowance for loan losses of $28,842 and $23,734, respectively 2,343,593 2,178,407
Federal Home Loan Bank of New York stock, at cost 13,529 13,821
Premises and equipment, net 18,653 19,920
Accrued interest receivable 16,569 8,318
Other real estate owned 1,623 1,623
Deferred income taxes 11,339 11,180
Goodwill and other intangibles 5,519 5,552
Operating lease right-of-use assets 13,335 13,246
Other assets 8,771 9,283
Total Assets 2,986,876 2,907,468
LIABILITIES    
Non-interest-bearing deposits 390,912 271,702
Interest bearing deposits 2,051,321 2,090,361
Total deposits 2,442,233 2,362,063
FHLB advances 242,800 245,800
Subordinated debentures 36,926 36,810
Operating lease liability 13,521 13,380
Other liabilities 10,377 9,942
Total Liabilities 2,745,857 2,667,995
STOCKHOLDERS' EQUITY    
Preferred stock: $0.01 par value, 10,000,000 shares authorized; issued and outstanding 8,634 and 8,340 shares of series C 6%, series D 4.5%, series G 6%, series H 3.5% (liquidation value $10,000 per share) and series F 6% (liquidation value $1,000 per share) noncumulative perpetual preferred stock at June 30, 2020 and December 31, 2019, respectively
Additional paid-in capital preferred stock 27,956 25,016
Common stock: no par value; 40,000,000 shares authorized; issued 19,524,586 and 19,484,046 at June 30, 2020 and December 31, 2019, respectively, outstanding 17,057,368 shares and 17,516,828 shares, at June 30, 2020 and December 31, 2019, respectively
Additional paid-in capital common stock 191,160 190,294
Retained earnings 48,097 48,429
Accumulated other comprehensive income (loss) 724 (2,218)
Treasury stock, at cost, 2,467,218 and 1,967,218 shares at June 30, 2020 and December 31, 2019, respectively (26,918) (22,048)
Total Stockholders' Equity 241,019 239,473
Total Liabilities and Stockholders' Equity $ 2,986,876 $ 2,907,468