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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Statement of Cash Flows [Abstract]    
Net income $ 17,447 $ 12,171
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision (benefit) for credit losses 4,668 (203)
ESOP and stock compensation expense 2,133 1,423
Depreciation 1,621 1,835
Amortization (accretion) of premiums and deferred loan costs, net of accretion of discounts and deferred loan fees 2,418 (335)
Amortization of debt issuance costs 112 112
Amortization of intangible assets 24 43
Amortization of operating lease right-of-use assets 2,367 2,330
Income on bank-owned life insurance (3,375) (1,940)
Net gain on sale of loans 0 (51)
Proceeds from sale of loans held-for-sale 0 673
Origination of loans held-for-sale 0 (622)
Gains on available-for-sale debt securities, net 0 (1)
Gains on trading securities, net (709) (887)
Net sales of trading securities 541 497
Increase in accrued interest receivable (163) (852)
Decrease (increase) in other assets 1,778 (6,984)
(Decrease) increase in accrued expenses and other liabilities (5,312) 3,939
Net cash provided by operating activities 23,550 11,148
Cash flows from investing activities:    
Net decrease in loans receivable 119,936 109,157
Purchases of loans (18,232) 0
Purchases of FHLB of New York stock (34,517) (4,325)
Redemptions of FHLB of New York stock 26,747 2,207
Purchases of debt securities available-for-sale (471,838) (781,534)
Purchases of equity securities 0 (3,335)
Principal payments and maturities on debt securities available-for-sale 287,308 462,790
Principal payments and maturities on debt securities held-to-maturity 883 118
Proceeds from sale of equity securities 7,983 0
Purchases and improvements of premises and equipment (478) (692)
Net cash used in investing activities (82,208) (215,614)
Cash flows from financing activities:    
Net decrease in deposits (152,290) (79,961)
Dividends paid (10,683) (11,088)
Purchase of treasury stock (15,224) (11,968)
Increase in advance payments by borrowers for taxes and insurance 1,230 1,011
Proceeds from borrowings and securities sold under agreements to repurchase 1,870,500 375,000
Repayments related to other borrowings and securities sold under agreements to repurchase (1,704,982) (144,545)
Net cash (used in) provided by financing activities (11,449) 128,449
Net decrease in cash and cash equivalents (70,107) (76,017)
Cash and cash equivalents at beginning of period 167,744 229,506
Cash and cash equivalents at end of period 97,637 153,489
Cash paid during the period for:    
Interest 56,681 59,205
Income taxes 3,921 4,085
Non-cash transactions:    
Loan charge-offs, net 3,731 2,552
Right-of-use assets obtained in exchange for new lease liabilities $ 753 $ 1,432