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Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash flows from Operating Activities:    
Net income $ 45,579,000 $ 34,240,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of premises and equipment 2,246,000 2,989,000
Amortization and accretion, net (1,607,000) (767,000)
(Credit) provision for loan losses (3,075,000) 3,855,000
Deferred income tax benefit (1,007,000) (975,000)
Loans originated for sale (6,608,000) (26,159,000)
Proceeds from sale of loans 7,031,000 29,404,000
Gains on sales of loans (129,000) (667,000)
Fair value adjustment of OREO   6,000
Gains on sales of premises   (371,000)
Realized and unrealized loss (gain) on equity investments 6,269,000 (147,000)
(Gain) loss from sales of other real estate owned   (11,000)
Loss (gain) on sale of impaired loans   64,000
Increase in cash surrender value of BOLI (2,671,000) (2,952,000)
Stock-based compensation expense 1,132,000 417,000
(Increase) decrease in accrued interest receivable (4,272,000) 3,741,000
(Increase) decrease in other assets (1,552,000) 1,025,000
Increase (decrease) in accrued interest payable 2,022,000 (412,000)
(Decrease) increase in other liabilities (2,469,000) 2,613,000
Net Cash Provided by Operating Activities 40,889,000 45,893,000
Cash flows from Investing Activities:    
Proceeds from repayments, calls, and maturities on securities 10,102,000 32,597,000
Purchases of securities (27,468,000) (26,141,000)
Proceeds from sales of securities 1,232,000  
Proceeds from sales of premises   742,000
Purchase of BOLI   (8,500,000)
Proceeds from BOLI 3,500,000  
Proceeds from sales of other real estate owned   425,000
Proceeds from bulk sale of impaired loans held in portfolio   3,442,000
Net increase in loans receivable (734,321,000) (15,148,000)
Additions to premises and equipment (518,000) (325,000)
(Purchase) sale of Federal Home Loan Bank of New York stock (14,029,000) 5,240,000
Net Cash Used In Investing Activities (761,502,000) (7,668,000)
Cash flows from Financing Activities:    
Net increase (decrease) in deposits 250,205,000 243,352,000
Proceeds from Federal Home Loan Bank of New York Long Term Advances 150,000,000 10,000,000
Repayments Federal Home Loan Bank of New York Long Term Advances   (130,000,000)
Net proceeds from Federal Home Loan Bank of New York Short Term Advances 160,000,000  
Purchase of treasury stock (3,406,000) (4,207,000)
Cash dividends paid on common stock (10,379,000) (9,775,000)
Cash dividends paid on preferred stock (796,000) (1,160,000)
Net proceeds from issuance of common stock 419,000 478,000
Net proceeds from issuance of preferred stock 6,810,000 3,200,000
Payments for redemption of preferred stock (14,730,000)  
Exercise of stock options 220,000 287,000
Net Cash Provided by (Used In) Financing Activities 538,343,000 112,175,000
Net Increase (Decrease) in Cash and Cash Equivalents (182,270,000) 150,400,000
Cash and Cash Equivalents - Beginning 411,629,000 261,229,000
Cash and Cash Equivalents - Ending 229,359,000 411,629,000
Supplementary Cash Flow Information:    
Cash paid during the year for: Income Taxes 18,804,000 12,020,000
Cash paid during the year for: Interest $ 15,475,000 15,592,000
Non-cash items:    
Transfer of loans to other real estate owned   $ 81,000