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Consolidated Statements of Financial Condition - USD ($)
Dec. 31, 2020
Dec. 31, 2019
ASSETS    
Cash and amounts due from depository institutions $ 23,201,000 $ 24,985,000
Interest-earning deposits 238,028,000 525,368,000
Total cash and cash equivalents 261,229,000 550,353,000
Interest-earning time deposits 735,000 735,000
Debt securities available for sale 99,756,000 91,613,000
Equity investments 17,717,000 2,500,000
Loans held for sale 3,530,000 917,000
Loans receivable, net of allowance for loan losses of $33,639 and $23,734, respectively 2,295,021,000 2,178,407,000
Federal Home Loan Bank of New York stock, at cost 11,324,000 13,821,000
Premises and equipment, net 15,272,000 19,920,000
Accrued interest receivable 12,924,000 8,318,000
Other real estate owned 414,000 1,623,000
Deferred income taxes 12,574,000 11,180,000
Goodwill and other intangibles 5,488,000 5,552,000
Operating lease right-of-use assets 14,988,000 13,246,000
Bank-owned life insurance ("BOLI") 61,033,000  
Other assets 9,011,000 9,283,000
Total Assets 2,821,016,000 2,907,468,000
LIABILITIES    
Non-interest-bearing deposits 402,100,000 271,702,000
Interest bearing deposits 1,915,950,000 2,090,361,000
Total deposits 2,318,050,000 2,362,063,000
FHLB advances 191,161,000 245,800,000
Subordinated debentures 37,042,000 36,810,000
Operating lease liability 15,224,000 13,380,000
Other liabilities 10,328,000 9,942,000
Total Liabilities 2,571,805,000 2,667,995,000
STOCKHOLDERS' EQUITY    
Preferred stock: $0.01 par value, 10,000,000 shares authorized, issued and outstanding 2,596 shares of Series D 4.5%, Series G 6%, and Series H 3.5% (liquidation value $10,000 per share) noncumulative perpetual preferred stock at December 31, 2020 and 8,340 shares of Series C 6%, Series D 4.5%, and Series G 6% (liquidation value $10,000 per share) and Series F 6% (liquidation value $1,000 per share) noncumulative perpetual convertible preferred stock at December 31, 2019
Additional paid-in capital preferred stock 25,723,000 25,016,000
Common stock: no par value; 40,000,000 shares authorized, issued 19,574,858 and 19,484,046 at December 31, 2020 and December 31, 2019 respectively, outstanding 17,107,640 shares and 17,516,828 shares, at December 31, 2020 and December 31, 2019 respectively
Additional paid-in capital common stock 192,276,000 190,294,000
Retained earnings 58,335,000 48,429,000
Accumulated other comprehensive (loss) (205,000) (2,218,000)
Treasury stock, at cost, 2,467,218 and 1,967,218 shares at December 31, 2020 and December 31, 2019, respectively (26,918,000) (22,048,000)
Total Stockholders' Equity 249,211,000 239,473,000
Total Liabilities and Stockholders' Equity $ 2,821,016,000 $ 2,907,468,000