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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from Operating Activities:      
Net income $ 29,483 $ 45,579 $ 34,240
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation of premises and equipment 1,978 2,246 2,989
Amortization and accretion, net (2,533) (1,607) (767)
Provision (benefit) for credit losses 6,104 (3,075) 3,855
Deferred income tax benefit (2,537) (1,007) (975)
Loans originated for sale (2,964) (6,608) (26,159)
Proceeds from sale of loans 2,371 7,031 29,404
Gain on sales of loans (36) (129) (667)
Fair value adjustment of OREO     6
Gains on sales of premises     (371)
Realized and unrealized loss (gain) on equity investments 3,361 6,269 (147)
(Gain) loss from sales of other real estate owned (77)   (11)
Loss (gain) on sale of impaired loans     64
Increase in cash surrender value of BOLI (1,751) (2,671) (2,952)
Stock-based compensation expense 593 1,132 417
Net change in accrued interest receivable (2,617) (4,272) 3,741
Net change in other assets (890) (1,552) 1,025
Net change in accrued interest payable 2,704 2,022 (412)
Net change in other liabilities 1,969 (2,469) 2,613
Net Cash Provided by Operating Activities 35,158 40,889 45,893
Cash flows from Investing Activities:      
Proceeds from repayments, calls, and maturities on securities 14,745 10,102 32,597
Purchases of securities (12,498) (27,468) (26,141)
Proceeds from sales of securities 5,232 1,232  
Proceeds from sales of premises     742
Purchase of BOLI     (8,500)
Proceeds from BOLI   3,500  
Proceeds from sales of other real estate owned 152   425
Proceeds from bulk sale of impaired loans held in portfolio     3,442
Net increase in loans receivable (231,622) (734,321) (15,148)
Additions to premises and equipment (4,527) (518) (325)
(Purchase) sale of Federal Home Loan Bank of New York stock (4,804) (14,029) 5,240
Net Cash Used In Investing Activities (233,322) (761,502) (7,668)
Cash flows from Financing Activities:      
Net increase in deposits 167,473 250,205 243,352
Proceeds from Federal Home Loan Bank of New York Long Term Advances 400,000 150,000 10,000
Repayments Federal Home Loan Bank of New York Long Term Advances (150,000)   (130,000)
Net change in Federal Home Loan Bank of New York Short Term Advances (160,000) 160,000  
Purchase of treasury stock (3,816) (3,406) (4,207)
Cash dividends paid on common stock (10,440) (10,379) (9,775)
Cash dividends paid on preferred stock (702) (796) (1,160)
Net proceeds from issuance of common stock 1,355 419 478
Net proceeds from issuance of preferred stock 15,270 6,810 3,200
Payments for redemption of preferred stock (11,230) (14,730)  
Exercise of stock options 418 220 287
Net Cash Provided by (Used In) Financing Activities 248,328 538,343 112,175
Net Increase (Decrease) in Cash and Cash Equivalents 50,164 (182,270) 150,400
Cash and Cash Equivalents-Beginning 229,359 411,629 261,229
Cash and Cash Equivalents-Ending 279,523 229,359 411,629
Supplementary Cash Flow Information:      
Cash paid during the year for: Income Taxes 18,027 18,804 12,020
Cash paid during the year for: Interest $ 81,594 $ 15,475 15,592
Non-cash items:      
Transfer of loans to other real estate owned     $ 81