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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2022
Mar. 31, 2022
Sep. 30, 2021
Mar. 31, 2021
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Cash Flows From Operating Activities:              
Net (loss) income $ (14,738,000) $ (6,820,000) $ 2,052,000 $ 2,452,000 $ (20,787,000) $ 10,436,000  
Adjustments to reconcile net (loss) income to net cash provided by operating activities:              
Amortization of premiums/discounts on securities, net         216,000 57,000  
Gain on sale of loans         (7,000) (46,000)  
Gain on sale of real property           (4,812,000)  
Gain on derivatives         (229,000) (345,000)  
Grain write-off and write-down (Note 5) 8,881,000       18,455,000    
Provision for loan losses (Note 5) 9,330,000   572,000   11,405,000 1,844,000 $ 2,717,000
Depreciation and amortization 432,000   646,000   1,371,000 1,885,000  
ESOP compensation         1,038,000 513,000  
Share-based compensation expense         1,161,000 1,055,000  
Deferred income taxes         (5,473,000) 16,000  
Changes in assets and liabilities:              
Decrease in mortgage loans held for sale, fair value         12,479,000 20,444,000  
Increase in accrued interest receivable         (1,701,000) (1,964,000)  
Increase in other assets         (7,064,000) (1,844,000)  
Increase in accrued interest payable         626,000 178,000  
Increase in advance payments by borrowers         2,932,000 2,099,000  
Decrease in mortgage loan funding payable           (347,000)  
Decrease in other liabilities         (192,000) (1,139,000)  
Net cash provided by operating activities         14,230,000 28,030,000  
Cash Flows From Investing Activities:              
Proceeds from redemption of FHLBNY stock         135,291,000 1,102,000  
Purchases of FHLBNY Stock         (143,562,000) (677,000)  
Purchases of available-for-sale securities         (58,385,000) (94,186,000)  
Purchases of held-to-maturity securities         (501,942,000)    
Proceeds from sale of available-for-sale securities           3,641,000  
Proceeds from maturities, calls and principal repayments on available-for-sale securities         26,798,000 3,156,000  
Placements with banks           249,000  
Proceeds from sales of loans         3,699,000 12,991,000  
Net increase in loans         (102,572,000) (157,354,000)  
Proceeds from sale of real property           8,152,000  
Purchases of premises and equipment         (433,000) (7,262,000)  
Net cash used in investing activities         (641,106,000) (230,188,000)  
Cash Flows From Financing Activities:              
Net (decrease) increase in deposits         146,473,000 219,682,000  
Proceeds from issuance of preferred stock         225,000,000    
Repurchase of treasury stock           (1,607,000)  
Proceeds from the sale of treasury stock           4,743,000  
Contribution to the Ponce De Leon Foundation         (1,000,000)    
Proceeds from advances from FHLBNY         3,135,875,000 11,500,000  
Repayments of advances from FHLBNY         (2,955,755,000) (22,500,000)  
Net advances on warehouse lines of credit         (15,090,000) (18,700,000)  
Net cash provided by financing activities         535,503,000 193,118,000  
Net decrease in cash and cash equivalents         (91,373,000) (9,040,000)  
Cash and Cash Equivalents including restricted cash:              
Beginning   $ 153,894,000   $ 72,078,000 153,894,000 72,078,000 72,078,000
Ending $ 62,521,000   $ 63,038,000   62,521,000 63,038,000 $ 153,894,000
Supplemental disclosures of cash flow information:              
Cash paid for interest on deposits and borrowings         6,756,000 6,204,000  
Cash paid for income taxes         $ 624,000 $ 5,848,000