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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
ASSETS    
Cash and amounts due from depository institutions $ 8,569 $ 23,201
Interest-earning deposits 434,369 238,028
Total cash and cash equivalents 442,938 261,229
Interest-earning time deposits 735 735
Debt securities available for sale 82,603 99,756
Equity investments 23,534 17,717
Loans held for sale 913 3,530
Loans receivable, net of allowance for loan losses of $38,156 and $33,639 respectively 2,289,854 2,295,021
Federal Home Loan Bank of New York stock, at cost 8,193 11,324
Premises and equipment, net 12,998 15,272
Accrued interest receivable 10,388 12,924
Other real estate owned   414
Deferred income taxes 13,515 12,574
Goodwill and other intangibles 5,445 5,488
Operating lease right-of-use assets 13,245 14,988
Bank-owned life insurance ("BOLI") 71,728 61,033
Other assets 7,698 9,011
Total Assets 2,983,787 2,821,016
LIABILITIES    
Non-interest-bearing deposits 544,619 402,100
Interest bearing deposits 1,996,786 1,915,950
Total deposits 2,541,405 2,318,050
FHLB advances 118,573 191,161
Subordinated debentures 37,217 37,042
Operating lease liability 13,533 15,224
Other liabilities 9,978 10,328
Total Liabilities 2,720,706 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 September 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 19,692,259 and 19,574,858 at September 30, 2021 and December 31, 2020, respectively, outstanding 17,035,675 shares and 17,107,640 shares, at September 30, 2021 and December 31, 2020, respectively
Additional paid-in capital common stock 193,613 192,276
Retained earnings 73,388 58,335
Accumulated other comprehensive loss (214) (205)
Treasury stock, at cost, 2,656,584 and 2,467,218 shares at September 30, 2021 and December 31, 2020, respectively (29,429) (26,918)
Total Stockholders' Equity 263,081 249,211
Total Liabilities and Stockholders' Equity $ 2,983,787 $ 2,821,016