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Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities:    
Net Income $ 34,240,000 $ 20,857,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of premises and equipment 2,989,000 2,995,000
Amortization and accretion, net (767,000) (2,553,000)
Provision for loan losses 3,855,000 9,441,000
Deferred income tax benefit (975,000) (2,013,000)
Loans originated for sale (26,159,000) (25,917,000)
Proceeds from sale of loans 29,404,000 24,196,000
Proceeds from sale of Paycheck Protection Plan ("PPP") loans   124,549,000
Gain on sales of loans (667,000) (892,000)
Fair value adjustment of OREO 6,000 293,000
Gain on sales of securities   (964,000)
Gain on sales of premises (371,000) (4,378,000)
Realized and unrealized gains on equity investments (147,000) (1,790,000)
(Gain) loss from sales of other real estate owned (11,000) 38,000
Loss (gain) on sale of impaired loans 64,000 (26,000)
Increase in cash surrender value of BOLI (2,952,000) (1,033,000)
Stock-based compensation expense 417,000 1,194,000
Decrease (increase) in accrued interest receivable 3,741,000 (4,606,000)
Decrease in other assets 1,025,000 272,000
Decrease in accrued interest payable (412,000) (1,245,000)
Increase in other liabilities 2,613,000 927,000
Net Cash Provided by Operating Activities 45,893,000 139,345,000
Cash Flows from Investing Activities:    
Proceeds from repayments, calls, and maturities on securities 32,597,000 32,730,000
Purchases of securities (26,141,000) (77,098,000)
Proceeds from sales of securities   26,601,000
Proceeds from sales of premises 742,000 7,419,000
Purchases of BOLI (8,500,000) (60,000,000)
Proceeds from sales of other real estate owned 425,000 878,000
Proceeds from bulk sale of impaired loans held in portfolio 3,442,000 1,416,000
Purchase of loans   (48,360,000)
Net increase in loans receivable (15,148,000) (200,186,000)
Additions to premises and equipment (325,000) (1,388,000)
Sale of Federal Home Loan Bank of New York stock 5,240,000 2,497,000
Net Cash Used In Investing Activities (7,668,000) (315,491,000)
Cash Flows from Financing Activities:    
Net increase (decrease) in deposits 243,352,000 (44,013,000)
Net proceeds from Federal Home Loan Bank of New York Advances 10,000,000 88,161,000
Repayments of Federal Home Loan Bank of New York Advances (130,000,000) (142,800,000)
Purchase of treasury stock (4,207,000) (4,870,000)
Cash dividends paid on common stock (9,775,000) (9,225,000)
Cash dividends paid on preferred stock (1,160,000) (1,300,000)
Net proceeds from issuance of common stock 478,000 357,000
Net proceeds from issuance of preferred stock 3,200,000 11,192,000
Payments for redemption of preferred stock   (10,485,000)
Exercise of stock options 287,000 5,000
Net Cash Provided by (Used In) Financing Activities 112,175,000 (112,978,000)
Net Increase (Decrease) in Cash and Cash Equivalents 150,400,000 (289,124,000)
Cash and Cash Equivalents - Beginning 261,229,000 550,353,000
Cash and Cash Equivalents - Ending 411,629,000 261,229,000
Supplementary Cash Flow Information    
Cash paid during the year for: Income taxes 12,020,000 12,652,000
Cash paid during the year for: Interest 15,592,000 $ 34,262,000
Non-cash items:    
Transfer of loans to other real estate owned $ 81,000