Consolidated Balance Sheets (unaudited) - USD ($) $ in Thousands	Jun. 30, 2020	Dec. 31, 2019
Assets
Cash and due from banks	$ 17,011	$ 10,082
Interest bearing deposits with banks	303,912	181,525
Cash and cash equivalents	320,923	191,607
Investment securities available for sale, at fair value	24,392	26,613
Investment securities held to maturity (fair value of $1,506 at June 30, 2020 and $1,430 at December 31, 2019)	1,195	1,167
Total investment securities	25,587	27,780
Loans held for sale	193	190
Loans, net of unearned income	1,544,233	1,420,749
Less: Allowance for loan losses	(25,228)	(21,811)
Net loans	1,519,005	1,398,938
Accrued interest receivable	10,193	6,069
Premises and equipment, net	6,908	6,946
Other real estate owned	3,772	4,727
Restricted stock	7,542	7,440
Bank owned life insurance (BOLI)	26,703	26,410
Deferred tax asset	6,094	6,285
Other	8,964	4,768
Total Assets	1,935,884	1,681,160
Deposits
Noninterest-bearing deposits	356,350	259,269
Interest-bearing deposits	1,152,211	1,079,950
Total deposits	1,508,561	1,339,219
FHLBNY borrowings	134,650	134,650
Other borrowings	72,896	0
Subordinated debentures	13,403	13,403
Accrued interest payable	1,754	2,260
Other	14,879	12,204
Total liabilities	1,746,143	1,501,736
Equity
Preferred stock, 1,000,000 shares authorized, $1,000 liquidation value Series B non-cumulative convertible; 500 shares outstanding at June 30, 2020 and December 31, 2019, respectively	500	500
Common stock, $0.10 par value; authorized 15,000,000 shares; Issued: 12,133,640 shares and 12,132,855 shares at June 30, 2020 and Dec. 31, 2019, respectively	1,213	1,213
Additional paid-in capital	134,830	134,706
Retained earnings	54,087	44,143
Accumulated other comprehensive income	642	58
Treasury stock, 284,522 shares at June 30, 2020 and Dec. 31, 2019, at cost	(3,015)	(3,015)
Total shareholders’ equity	188,257	177,605
Noncontrolling interest in consolidated subsidiaries	1,484	1,819
Total equity	189,741	179,424
Total liabilities and equity	$ 1,935,884	$ 1,681,160