Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash Flows from Operating Activities:
Net income	$ 15,585	$ 8,449
Adjustments to reconcile net income to net cash provided by
Depreciation and amortization	181	239
Provision for loan losses	762	3,040
Gain on Bank owned life insurance	(542)	(267)
Gain on sale of SBA related assets	(7,611)	0
Gain on sale of SBA loans	(1,803)	(3,284)
SBA loans originated for sale	(14,041)	(29,944)
Proceeds from sale of SBA loans originated for sale	18,039	34,136
Loss on sale & write down of OREO	1,760	1,296
Net accretion of purchase premiums and discounts on securities	67	(639)
Deferred income tax benefit	322	(70)
Changes in operating assets and liabilities:
Decrease (increase) in accrued interest receivable and other assets	2,214	(2,585)
Decrease in accrued interest payable and other accrued liabilities	(3,182)	(1,420)
Net cash provided by operating activities	11,751	8,951
Cash Flows from Investing Activities:
Purchases of investment securities available for sale	0	(20,476)
Redemptions (purchases) of restricted stock	581	(1,415)
Proceeds from maturities and principal payments on mortgage backed securities	5,392	4,599
Proceeds from sale of SBA related assets	50,348	0
Donated OREO property	31	0
Proceeds from sale of OREO	4,945	3,936
Capital improvements on OREO	47	(179)
Net increase in loans	(104,452)	(45,320)
Purchases of bank premises and equipment	(625)	(226)
Net cash used in investing activities	(43,733)	(59,081)
Cash Flows from Financing Activities:
Payment of dividend on common & preferred stock	(2,386)	(1,927)
Purchase of treasury stock	(4)	(713)
Minority interest capital withdrawal, net	(624)	(778)
Proceeds from exercise of stock options and warrants	0	1,932
Stock compensation	48	0
Net (decrease) increase in FHLBNY and short term borrowings	(15,000)	30,362
Net increase in noninterest-bearing deposits	26,909	3,535
Net increase in interest-bearing deposits	47,757	4,040
Net cash provided by financing activities	56,700	36,451
Net increase (decrease) in cash and cash equivalents	24,718	(13,679)
Cash and Cash Equivalents, January 1,	27,429	36,238
Cash and Cash Equivalents, September 30,	52,147	22,559
Cash paid during the year for:
Interest on deposits and borrowed funds	4,916	2,749
Income taxes	6,047	5,994
Supplemental Schedule of Noncash Activities:
Real estate acquired in settlement of loans	789	3,518
Dividends accrued during the period	$ 847	$ 665