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Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flows from operating activities:    
Net income $ 15,093,000 $ 14,988,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of premises and equipment 2,370,000 2,161,000
Allocation of ESOP stock 440,000 431,000
Stock awards 985,000 678,000
Amortization of servicing asset 276,000 874,000
Net premium amortization in excess of discount accretion on securities 1,583,000 2,161,000
Net amortization of deferred costs and discounts on loans 86,000 61,000
Amortization of core deposit intangible 8,000  
Provision for loan losses 975,000 1,805,000
Net gain on sale of other real estate owned (84,000) (151,000)
Net gain on sales of investment securities available-for-sale 0 (938,000)
Net gain on sales of loans (637,000) (577,000)
Proceeds from sales of mortgage loans held for sale 42,787,000 31,313,000
Mortgage loans originated for sale (40,255,000) (33,320,000)
Increase in value of Bank Owned Life Insurance (1,158,000) (1,097,000)
Increase in interest and dividends receivable (50,000) (199,000)
Decrease in other assets 1,858,000 136,000
Decrease in other liabilities (2,624,000) (3,368,000)
Total adjustments 6,560,000 (30,000)
Net cash provided by operating activities 21,653,000 14,958,000
Cash flows from investing activities:    
Net increase in loans receivable (107,916,000) (76,194,000)
Purchase of loans receivable (22,054,000) (20,574,000)
Purchase of investment securities available-for-sale (9,973,000) (10,616,000)
Purchase of mortgage-backed securities held-to-maturity   (35,203,000)
Purchase of investment securities held-to-maturity   (5,003,000)
Proceeds from maturities of investment securities available-for-sale   5,706,000
Proceeds from sale of investment securities available-for-sale   7,713,000
Proceeds from maturities of investment securities held-to-maturity 35,861,000 25,001,000
Principal repayments on mortgage-backed securities held-to-maturity 46,791,000 42,148,000
Decrease (increase) in Federal Home Loan Bank of New York stock 3,514,000 (267,000)
Proceeds from sales of other real estate owned 1,722,000 2,366,000
Purchases of premises and equipment (3,076,000) (3,167,000)
Cash received, net of cash consideration paid for acquisition 3,703,000  
Net cash used in investing activities (51,428,000) (68,090,000)
Cash flows from financing activities:    
Increase in deposits 124,290,000 34,464,000
Decrease in short-term borrowings (107,619,000) (91,651,000)
Proceeds from Federal Home Loan Bank advances 40,000,000 205,000,000
Repayments of Federal Home Loan Bank advances (1,232,000) (90,000,000)
Increase in advances by borrowers for taxes and insurance 1,485,000 245,000
Exercise of stock options 250,000 349,000
Purchase of treasury stock (6,457,000) (5,562,000)
Dividends paid (6,496,000) (6,071,000)
Tax benefit of stock plans 13,000 57,000
Net cash provided by financing activities 44,234,000 46,831,000
Net increase (decrease) in cash and due from banks 14,459,000 (6,301,000)
Cash and due from banks at beginning of period 36,117,000 33,958,000
Cash and due from banks at end of period 50,576,000 27,657,000
Supplemental Disclosure of Cash Flow Information:    
Interest 6,629,000 5,197,000
Income taxes 7,862,000 9,001,000
Non-cash activities:    
Loans charged-off, net 654,000 6,425,000
Transfer of loans receivable to other real estate owned   $ 4,336,000
Non-cash assets acquired:    
Securities 6,758,000  
Federal Home Loan Bank of New York stock 314,000  
Loans 121,196,000  
Other real estate owned 257,000  
Deferred tax asset 3,244,000  
Other assets 8,509,000  
Goodwill and other intangible assets, net 2,122,000  
Total non-cash assets acquired 142,400,000  
Liabilities assumed:    
Deposits 123,346,000  
Federal Home Loan Bank advances 6,800,000  
Other liabilities 309,000  
Total liabilities assumed 130,455,000  
Total consideration for acquisition $ 11,945,000