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Consolidated Statements of Cash Flows - USD ($)
 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Cash Flows from Operating Activities:    
Net Income $ 13,559,000 $ 15,910,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of premises and equipment 2,216,000 2,146,000
Amortization and accretion, net (1,864,000) (2,206,000)
Provision for loan losses 7,526,000 2,544,000
Deferred income tax benefit (1,942,000) (859,000)
Loans originated for sale (13,112,000) (15,065,000)
Proceeds from sales of loans 12,811,000 13,867,000
Gain on sales of loans originated for sale (292,000) (844,000)
Gain on sales of other real estate owned   (177,000)
Gains on sales of securities available for sale (306,000) (304,000)
Gain on sale of premises (4,378,000)  
Realized and unrealized gain on equity investments (820,000) (220,000)
Gain on bulk sale of impaired loans held in portfolio   (107,000)
Stock-based compensation expense 944,000 688,000
BOLI income (385,000)  
Increase in interest receivable (9,428,000) (581,000)
Increase in other assets (1,739,000) (307,000)
Decrease in accrued interest payable (1,223,000) (331,000)
Increase in other liabilities 4,987,000 831,000
Net Cash Provided by Operating Activities 6,554,000 14,985,000
Cash flows from investing activities:    
Proceeds from repayments, calls, and maturities on securities available for sale 24,663,000 13,691,000
Purchases of securities (70,561,000) (1,153,000)
Proceeds from sales of other real estate owned   2,417,000
Proceeds from bulk sale of impaired loans held   402,000
Proceeds from sales of securities 10,419,000 14,234,000
Purchase of loans (48,360,000)  
Net (increase) decrease in loans receivable (170,233,000) 23,693,000
Purchases of BOLI (60,000,000)  
Additions to premises and equipment (1,305,000) (2,168,000)
Proceeds from sale of fixed assets and premises 7,419,000  
Redemption (Purchase) of Federal Home Loan Bank of New York stock 661,000 (1,766,000)
Net Cash (Used In) Provided by Investing Activities (307,297,000) 49,350,000
Cash flows from financing activities:    
Net (decrease) increase in deposits (88,725,000) 82,733,000
Proceeds from Federal Home Loan Bank of New York advances 48,800,000 40,000,000
Repayments of Federal Home Loan Bank of New York advances (35,000,000) (10,000,000)
Purchases of treasury stock (4,870,000)  
Cash dividends paid on common stock (6,915,000) (6,516,000)
Cash dividends paid on preferred stock (1,014,000) (1,002,000)
Net proceeds from issuance of common stock 195,000 6,487,000
Net proceeds from issuance of preferred stock 8,950,000 5,310,000
Net payment on redemption of preferred stock (10,485,000)  
Exercise of stock options 5,000  
Net Cash (Used In) Provided by Financing Activities (89,059,000) 117,012,000
Net (Decrease) Increase in Cash and Cash Equivalents (389,802,000) 181,347,000
Cash and Cash Equivalents-Beginning 550,353,000 195,264,000
Cash and Cash Equivalents-Ending 160,551,000 376,611,000
Supplementary Cash Flow Information:    
Cash paid during the year for: Income taxes 10,554,000 8,492,000
Cash paid during the year for: Interest $ 28,656,000 30,393,000
Non-cash items:    
Transfer of loans to other real estate owned   $ 907,000