XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Cash and amounts due from depository institutions $ 11,192 $ 9,606
Interest-earning deposits 209,832 402,023
Total cash and cash equivalents 221,024 411,629
Interest-earning time deposits 735 735
Debt securities available for sale 92,751 85,186
Equity investments 18,408 25,187
Loans held for sale   952
Loans receivable, net of allowance for loan losses of $33,195 and $37,119 respectively 2,787,015 2,304,942
Federal Home Loan Bank of New York stock, at cost 12,388 6,084
Premises and equipment, net 10,723 12,237
Accrued interest receivable 11,093 9,183
Other real estate owned 75 75
Deferred income taxes 15,863 12,959
Goodwill and other intangibles 5,394 5,431
Operating lease right-of-use assets 11,785 12,457
Bank-owned life insurance ("BOLI") 71,072 72,485
Other assets 7,286 7,986
Total Assets 3,265,612 2,967,528
LIABILITIES    
Non-interest-bearing deposits 610,425 588,207
Interest bearing deposits 2,102,521 1,973,195
Total deposits 2,712,946 2,561,402
FHLB advances 212,123 71,711
Subordinated debentures 37,450 37,275
Operating lease liability 12,102 12,752
Other liabilities 8,309 10,364
Total Liabilities 2,982,930 2,693,504
STOCKHOLDERS' EQUITY    
Preferred stock: $0.01 par value, 10,000,000 shares authorized; issued and outstanding 2,123 shares of Series H 3.5% and Series I 3.0%, (liquidation value $10,000 per share) noncumulative perpetual preferred stock at September 30, 2022 and 2,916 shares of Series D 4.5%, Series G 6%, Series H 3.5% and Series I 3% (liquidation value $10,000 per share) noncumulative perpetual preferred stock at December 31, 2021
Additional paid-in capital preferred stock 21,003 28,923
Common stock: no par value; 40,000,000 shares authorized; issued 19,858,738 and 19,708,375 at September 30, 2022 and December 31, 2021, respectively, outstanding 16,973,870 and 16,940,133, at September 30, 2022 and December 31, 2021, respectively
Additional paid-in capital common stock 195,057 193,927
Retained earnings 105,894 81,171
Accumulated other comprehensive loss (6,149) 1,128
Treasury stock, at cost, 2,884,868 and 2,768,242 shares at September 30, 2022 and December 31, 2021, respectively (33,123) (31,125)
Total Stockholders' Equity 282,682 274,024
Total Liabilities and Stockholders' Equity $ 3,265,612 $ 2,967,528