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Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Interest and dividend income:    
Loans, including fees $ 107,153 $ 113,981
Mortgage-backed securities 1,748 2,743
Other investment securities 1,690 567
FHLB stock dividends and other interest earning assets 2,835 6,264
Total interest and dividend income 113,426 123,555
Deposits:    
Demand 6,147 7,247
Savings and club 440 428
Certificates of deposit 19,360 25,394
Total deposits 25,947 33,069
Borrowings 7,069 7,882
Total interest expense 33,016 40,951
Net interest income 80,410 82,604
Provision for loan losses 9,441 2,069
Net interest income, after provision for loan losses 70,969 80,535
Non-interest income:    
Fees and service charges 2,948 3,359
BOLI income 1,033  
Gain on sales of loans 892 1,036
Gain on sale of impaired loans held in portfolio 26 107
(Loss) gain on sales of other real estate owned (38) 177
Gain on sale of premises 4,378  
Gain on sale of investment securities 964 262
Realized and unrealized gain on equity investments 1,790 201
Other 497 249
Total non-interest income 12,490 5,391
Non-interest expense:    
Salaries and employee benefits 25,916 28,456
Occupancy and equipment 11,748 10,660
Data processing service fees 3,812 3,187
Professional fees 1,682 2,033
Director fees 1,548 1,381
Regulatory assessments 1,344 914
Advertising and promotional 127 334
Other real estate owned, net 101 71
Loss from extinguishment of debt 1,150  
Other 6,608 8,547
Total non-interest expense 54,036 55,583
Income before income tax provision 29,423 30,343
Income tax provision 8,566 9,309
Net Income 20,857 21,034
Preferred stock dividends 1,300 1,346
Net Income available to common stockholders $ 19,557 $ 19,688
Net Income per common share-basic and diluted    
Basic $ 1.14 $ 1.20
Diluted $ 1.14 $ 1.20
Weighted average number of common shares outstanding    
Basic 17,210 16,367
Diluted 17,226 16,423