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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Mar. 31, 2021
Dec. 31, 2020
ASSETS    
Cash and amounts due from depository institutions $ 24,796 $ 23,201
Interest-earning deposits 272,142 238,028
Total cash and cash equivalents 296,938 261,229
Interest-earning time deposits 735 735
Debt securities available for sale 93,582 99,756
Equity investments 18,278 17,717
Loans held for sale 1,147 3,530
Loans receivable, net of allowance for loan losses of $35,477 and $33,639 respectively 2,296,434 2,295,021
Federal Home Loan Bank of New York stock, at cost 8,920 11,324
Premises and equipment, net 14,796 15,272
Accrued interest receivable 12,056 12,924
Other real estate owned 414 414
Deferred income taxes 13,239 12,574
Goodwill and other intangibles 5,472 5,488
Operating lease right-of-use assets 14,328 14,988
Bank-owned life insurance ("BOLI") 70,234 61,033
Other assets 5,887 9,011
Total Assets 2,852,460 2,821,016
LIABILITIES    
Non-interest-bearing deposits 454,061 402,100
Interest bearing deposits 1,950,074 1,915,950
Total deposits 2,404,135 2,318,050
FHLB advances 133,298 191,161
Subordinated debentures 37,101 37,042
Operating lease liability 14,589 15,224
Other liabilities 9,883 10,328
Total Liabilities 2,599,006 2,571,805
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 March 31, 2021 and December 31, 2020
Additional paid-in capital preferred stock 25,723 25,723
Common stock: no par value; 40,000,000 shares authorized; issued 19,620,630 and 19,574,858 at March 31, 2021 and December 31, 2020, respectively, outstanding 17,121,319 shares and 17,107,640 shares, at March 31, 2021 and December 31, 2020, respectively
Additional paid-in capital common stock 192,633 192,276
Retained earnings 62,777 58,335
Accumulated other comprehensive loss (349) (205)
Treasury stock, at cost, 2,499,311 and 2,467,218 shares at March 31, 2021 and December 31, 2020, respectively (27,330) (26,918)
Total Stockholders' Equity 253,454 249,211
Total Liabilities and Stockholders' Equity $ 2,852,460 $ 2,821,016