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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and amounts due from depository institutions $ 9,039 $ 23,201
Interest-earning deposits 319,218 238,028
Total cash and cash equivalents 328,257 261,229
Interest-earning time deposits 735 735
Debt securities available for sale 83,543 99,756
Equity investments 20,841 17,717
Loans held for sale 3,154 3,530
Loans receivable, net of allowance for loan losses of $37,472 and $33,639 respectively 2,312,559 2,295,021
Federal Home Loan Bank of New York stock, at cost 8,881 11,324
Premises and equipment, net 13,819 15,272
Accrued interest receivable 10,621 12,924
Other real estate owned 414 414
Deferred income taxes 13,778 12,574
Goodwill and other intangibles 5,458 5,488
Operating lease right-of-use assets 13,980 14,988
Bank-owned life insurance ("BOLI") 70,963 61,033
Other assets 8,187 9,011
Total Assets 2,895,190 2,821,016
LIABILITIES    
Non-interest-bearing deposits 492,014 402,100
Interest bearing deposits 1,953,800 1,915,950
Total deposits 2,445,814 2,318,050
FHLB advances 128,436 191,161
Subordinated debentures 37,159 37,042
Operating lease liability 14,256 15,224
Other liabilities 11,001 10,328
Total Liabilities 2,636,666 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 June 30, 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 19,642,255 and 19,574,858 at June 30, 2021 and December 31, 2020, respectively, outstanding 17,077,162 shares and 17,107,640 shares, at June 30, 2021 and December 31, 2020, respectively
Additional paid-in capital common stock 192,968 192,276
Retained earnings 68,123 58,335
Accumulated other comprehensive loss (93) (205)
Treasury stock, at cost, 2,565,093 and 2,467,218 shares at June 30, 2021 and December 31, 2020, respectively (28,197) (26,918)
Total Stockholders' Equity 258,524 249,211
Total Liabilities and Stockholders' Equity $ 2,895,190 $ 2,821,016