Consolidated Balance Sheets (unaudited) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Assets
Cash and due from banks	$ 7,940	$ 5,915
Federal funds sold and other interest bearing deposits with banks	143,740	148,556
Cash and cash equivalents	151,680	154,471
Investment securities available for sale, at fair value	28,131	31,278
Investment securities held to maturity (fair value of $1,419 at September 30, 2019 and $1,292 at December 31, 2018)	1,153	1,113
Total investment securities	29,284	32,391
Loans held for sale	148	419
Loans, net of unearned income	1,376,242	1,241,157
Less: Allowance for loan and lease losses	(21,146)	(19,075)
Net loans and leases	1,355,096	1,222,082
Accrued interest receivable	5,582	5,191
Premises and equipment, net	6,776	6,783
Other real estate owned (OREO)	5,849	5,124
Restricted stock, at cost	6,090	5,858
Bank owned life insurance (BOLI)	26,259	25,809
Deferred tax asset	6,284	6,511
Other assets	5,439	2,759
Total Assets	1,598,487	1,467,398
Deposits
Noninterest-bearing deposits	329,356	360,329
Interest-bearing deposits	963,692	823,544
Total deposits	1,293,048	1,183,873
FHLBNY borrowings	104,650	104,650
Subordinated debentures	13,403	13,403
Accrued interest payable	2,041	1,390
Other liabilities	11,801	9,086
Total Liabilities	1,424,943	1,312,402
Equity
Preferred stock, 1,000,000 shares authorized, $1,000 liquidation value Series B non-cumulative convertible; 500 shares and 1,224 shares outstanding at September 30, 2019 and December 31, 2018, respectively	500	1,224
Common stock, $.10 par value; authorized 15,000,000 shares; Issued: 11,055,482 shares at September 30, 2019 and 10,953,081 shares at December 31, 2018	1,105	1,095
Additional paid-in capital	113,704	112,807
Retained earnings	59,394	42,079
Accumulated other comprehensive gain (loss)	61	(633)
Treasury stock, 284,522 shares at September 30, 2019 and December 31, 2018, at cost	(3,015)	(3,015)
Total Shareholders’ Equity	171,749	153,557
Noncontrolling interest in consolidated subsidiaries	1,795	1,439
Total Equity	173,544	154,996
Total Liabilities and Equity	$ 1,598,487	$ 1,467,398