Loan Portfolio and Allowance for Credit Losses (Tables)

6 Months Ended

Jun. 30, 2024

Loan Portfolio and Allowance for Credit Losses [Abstract]

Recorded Investment in Loans by Portfolio Segment

The following tables presents loans by portfolio segment:

	June 30, 2024
(dollars in thousands)	New York and
	other states*		Florida		Total
Commercial:
Commercial real estate	$	215,840	$	39,187	$	255,027
Other		26,748		666		27,414
Real estate mortgage - 1 to 4 family:
First mortgages		2,743,992		1,568,619		4,312,611
Home equity loans		44,420		13,609		58,029
Home equity lines of credit		221,067		148,996		370,063
Installment		10,844		4,324		15,168
Total loans, net	$	3,262,911	$	1,775,401		5,038,312
Less: Allowance for credit losses						49,772
Net loans					$	4,988,540

*Includes New York, New Jersey, Vermont and Massachussetts.

	December 31, 2023
(dollars in thousands)	New York and
	other states*		Florida		Total
Commercial:
Commercial real estate	$	212,754	$	39,501	$	252,255
Other		20,863		397		21,260
Real estate mortgage - 1 to 4 family:
First mortgages		2,756,914		1,550,191		4,307,105
Home equity loans		44,152		13,806		57,958
Home equity lines of credit		212,298		135,117		347,415
Installment		12,057		4,829		16,886
Total loans, net	$	3,259,038	$	1,743,841		5,002,879
Less: Allowance for credit losses						48,578
Net loans					$	4,954,301

*Includes New York, New Jersey, Vermont and Massachussetts.

Activity in Allowance For Credit Losses on Loans by Portfolio Segment

Activity in the allowance for credit losses on loans by portfolio segment for the three months ended June 30, 2024 and 2023 is summarized as follows:

	For the three months ended June 30, 2024
(dollars in thousands)			Real Estate
			Mortgage-
	Commercial		1 to 4 Family			Installment		Total
Balance at beginning of period	$	2,742	$	46,295		$	183	$	49,220
Loans charged off:
New York and other states*		-		-			10		10
Florida		-		17			7		24
Total loan chargeoffs		-		17			17		34
Recoveries of loans previously charged off:
New York and other states*		-		74			12		86
Florida		-		-			-		-
Total recoveries		-		74			12		86
Net loans (recoveries) charged off		-		(57	)		5		(52	)
Provision (credit) for credit losses		687		(223	)		36		500
Balance at end of period	$	3,429	$	46,129		$	214	$	49,772

* Includes New York, New Jersey, Vermont and Massachusetts.

	For the three months ended June 30, 2023
(dollars in thousands)				Real Estate
				Mortgage-
	Commercial			1 to 4 Family			Installment		Total
Balance at beginning of period	$	2,708			43,766			211		46,685
Loans charged off:
New York and other states*		-			22			29		51
Florida		-			-			40		40
Total loan chargeoffs		-			22			69		91
Recoveries of loans previously charged off:
New York and other states*		129			183			8		320
Florida		-			-			-		-
Total recoveries		129			183			8		320
Net loan (recoveries) charged off		(129	)		(161	)		61		(229	)
Provision for credit losses		(227	)		140			87		-
Balance at end of period	$	2,610			44,067			237		46,914

* Includes New York, New Jersey, Vermont and Massachusetts.

Activity in the allowance for credit losses on loans by portfolio segment for the six months ended June 30, 2024 and 2023 is summarized as follows:

	For the six months ended June 30, 2024
(dollars in thousands)			Real Estate
			Mortgage-
	Commercial		1 to 4 Family			Installment		Total
Balance at beginning of period	$	2,735	$	45,625		$	218	$	48,578
Loans charged off:
New York and other states*		-		117			54		171
Florida		-		17			7		24
Total loan chargeoffs		-		134			61		195
Recoveries of loans previously charged off:
New York and other states*		-		269			20		289
Florida		-		-			-		-
Total recoveries		-		269			20		289
Net loans (recoveries) charged off		-		(135	)		41		(94	)
Provision for credit losses		694		369			37		1,100
Balance at end of period	$	3,429	$	46,129		$	214	$	49,772

* Includes New York, New Jersey, Vermont and Massachusetts.

	For the six months ended June 30, 2023
(dollars in thousands)				Real Estate
				Mortgage-
	Commercial			1 to 4 Family			Installment		Total
Balance at beginning of period	$	2,596		$	43,271		$	165	$	46,032
Loans charged off:
New York and other states*		-			22			46		68
Florida		-			-			71		71
Total loan chargeoffs		-			22			117		139
Recoveries of loans previously charged off:
New York and other states*		129			236			31		396
Florida		-			25			-		25
Total recoveries		129			261			31		421
Net loans (recoveries) charged off		(129	)		(239	)		86		(282	)
(Credit) provision for credit losses		(115	)		557			158		600
Balance at end of period	$	2,610		$	44,067		$	237	$	46,914

* Includes New York, New Jersey, Vermont and Massachusetts.

Allowance For Credit Losses and Recorded Investment in Loans by Portfolio Segment and Based on Impairment Method

The following tables present the balance in the allowance for credit losses on loans by portfolio segment and based on impairment evaluation as of June 30, 2024 and December 31, 2023:

	As of June 30, 2024
(dollars in thousands)			1-to-4 Family
	Commercial		Residential		Installment
	Loans		Real Estate		Loans		Total
Allowance for credit losses on loans:
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	-	$	-	$	-	$	-
Collectively evaluated for impairment		3,429		46,129		214		49,772
Total ending allowance balance	$	3,429	$	46,129	$	214	$	49,772
Loans:
Individually evaluated for impairment	$	1,158	$	24,098	$	130	$	25,386
Collectively evaluated for impairment		281,283		4,716,605		15,038		5,012,926
Total ending loans balance	$	282,441	$	4,740,703	$	15,168	$	5,038,312

	As of December 31, 2023
(dollars in thousands)			1-to-4 Family
	Commercial		Residential		Installment
	Loans		Real Estate		Loans		Total
Allowance for credit losses on loans:
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	-		-		-		-
Collectively evaluated for impairment		2,735		45,625		218		48,578
Total ending allowance balance	$	2,735		45,625		218		48,578
Loans:
Individually evaluated for impairment	$	957		23,628		144		24,729
Collectively evaluated for impairment		272,558		4,688,850		16,742		4,978,150
Total ending loans balance	$	273,515		4,712,478		16,886		5,002,879

Allowance for Credit Losses on Unfunded Commitments

The Company’s activity in the allowance for credit losses on unfunded commitments for the three and six months ended June 30, 2024 and 2023 were as follows:

(In thousands)	For the three months ended June 30, 2024
Balance at March 31, 2024	$	1,662
Provision for credit losses		-
Balance at June 30, 2024	$	1,662

(In thousands)	For the six months ended June 30, 2024
Balance at January 1, 2024	$	1,662
Provision for credit losses		-
Balance at June 30, 2024	$	1,662

(In thousands)	For the three months ended June 30, 2023
Balance at March 31, 2023	$	2,612
Credit provision for credit losses		(500	)
Balance at June 30, 2023	$	2,112

(In thousands)	For the six months ended June 30, 2023
Balance at January 1, 2023	$	2,912
Credit provision for credit losses		(800	)
Balance at June 30, 2023	$	2,112

Risk Category Loans by Class of Loans

As of June 30, 2024, and December 31, 2023 and based on the most recent analysis performed, the risk category of loans by class of loans, and gross charge-offs year to date for each loan type by origination year was as follows:

Loan Credit Quality
(in thousands)	As of June 30, 2024
	Term Loans Amortized Cost Basis by Origination Year
	2024		2023		2022		2021		2020		Prior		Revolving Loans Amortized Cost Basis		Revolving Loan Converted to Term		Total
Commercial :
Risk rating
Pass	$	18,930	$	55,657	$	77,623	$	23,379	$	15,662	$	57,407	$	3,743	$	-	$	252,401
Special Mention	$	-	$	-	$	1,267	$	-	$	31	$	530	$	-	$	-	$	1,828
Substandard	$	-	$	-	$	-	$	-	$	-	$	759	$	-	$	-	$	759
Doubtful	$	-	$	-	$	-	$	-	$	-	$	39	$	-	$	-	$	39
Total Commercial Loans	$	18,930	$	55,657	$	78,890	$	23,379	$	15,693	$	58,735	$	3,743	$	-	$	255,027
Commercial Loans:
Current-period Gross writeoffs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Commercial Other:
Risk rating
Pass	$	2,061	$	9,052	$	1,989	$	1,348	$	1,178	$	2,569	$	8,581	$	-	$	26,778
Special mention	$	-	$	-	$	-	$	-	$	-	$	-	$	37	$	-	$	37
Substandard	$	-	$	-	$	-	$	-	$	-	$	-	$	285	$	-	$	285
Doubtful	$	-	$	-	$	-	$	314	$	-	$	-	$	-	$	-	$	314
Total Commercial Real Estate Loans	$	2,061	$	9,052	$	1,989	$	1,662	$	1,178	$	2,569	$	8,903	$	-	$	27,414
Other Commercial Loans:
Current-period Gross writeoffs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Residential First Mortgage:
Risk rating
Performing	$	136,689	$	416,517	$	551,803	$	848,523	$	708,915	$	1,635,650	$	-	$	-	$	4,298,097
Nonperforming	$	-	$	64	$	210	$	536	$	78	$	13,626	$	-	$	-	$	14,514
Total First Mortgage:	$	136,689	$	416,581	$	552,013	$	849,059	$	708,993	$	1,649,276	$	-	$	-	$	4,312,611
Residential First Mortgage Loans:
Current-period Gross writeoffs	$	-	$	-	$	-	$	-	$	-	$	18	$	-	$	-	$	18
	$	-	$	-	$	-	$	-	$	-	$	18	$	-	$	-	$	18
Home Equity Loans:
Risk rating
Performing	$	3,071	$	9,453	$	5,657	$	7,427	$	5,382	$	26,585	$	-	$	-	$	57,575
Nonperforming	$	-	$	-	$	91	$	-	$	-	$	363	$	-	$	-	$	454
Total Home Equity Loans:	$	3,071	$	9,453	$	5,748	$	7,427	$	5,382	$	26,948	$	-	$	-	$	58,029
Home Equity Loans:
Current-period Gross writeoffs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Home Equity Lines of Credit:
Risk rating
Performing	$	2,887	$	1,211	$	1,147	$	695	$	243	$	15,380	$	345,491	$	-	$	367,054
Nonperforming	$	-	$	-	$	-	$	-	$	56	$	2,638	$	315	$	-	$	3,009
Total Home Equity Credit Lines:	$	2,887	$	1,211	$	1,147	$	695	$	299	$	18,018	$	345,806	$	-	$	370,063
Home Equity Lines of Credit:
Current-period Gross writeoffs	$	-	$	-	$	-	$	-	$	-	$	116	$	-	$	-	$	116
	$	-	$	-	$	-	$	-	$	-	$	116	$	-	$	-	$	116
Installments:
Risk rating
Performing	$	1,586	$	7,019	$	3,655	$	1,086	$	219	$	509	$	941	$	-	$	15,015
Nonperforming	$	-	$	-	$	65	$	35	$	1	$	52	$	-	$	-	$	153
Total Installments	$	1,586	$	7,019	$	3,720	$	1,121	$	220	$	561	$	941	$	-	$	15,168
Installments Loans:
Current-period Gross writeoffs	$	-	$	26	$	19	$	-	$	-	$	16	$	-	$	-	$	61
	$	-	$	26	$	19	$	-	$	-	$	16	$	-	$	-	$	61

Loan Credit Quality
(in thousands)	As of December 31, 2023
	Term Loans Amortized Cost Basis by Origination Year
Commercial :	2023		2022		2021		2020		2019		Prior		Revolving Loans Amortized Cost Basis		Revolving Loan Converted to Term		Total
Risk rating
Pass	$	61,148	$	82,339	$	23,940	$	16,653	$	19,835	$	41,153	$	5,664	$	-	$	250,732
Special Mention		-		-		-		42		-		225		-		-		267
Substandard		-		-		-		-		-		1,256		-		-		1,256
Total Commercial Loans	$	61,148	$	82,339	$	23,940	$	16,695	$	19,835	$	42,634	$	5,664	$	-	$	252,255
Commercial Loans:
Current-period Gross writeoffs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Commercial Other:
Risk rating
Pass	$	7,873	$	2,164	$	1,933	$	1,386	$	321	$	2,641	$	4,482	$	-	$	20,800
Special mention		-		-		-		-		-		-		34		-		34
Substandard		-		-		328		-		-		98		-		-		426
Total Commercial Real Estate Loans	$	7,873	$	2,164	$	2,261	$	1,386	$	321	$	2,739	$	4,516	$	-	$	21,260
Other Commercial Loans:
Current-period Gross writeoffs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-		-
	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Residential First Mortgage:
Risk rating
Performing	$	418,891	$	566,617	$	878,015	$	732,851	$	342,559	$	1,354,867	$	-	$	-	$	4,293,800
Nonperforming		64		210		383		229		1,119		11,300		-		-		13,305
Total First Mortgage:	$	418,955	$	566,827	$	878,398	$	733,080	$	343,678	$	1,366,167	$	-	$	-	$	4,307,105
Residential First Mortgage Loans:
Current-period Gross writeoffs	$	-	$	-	$	-	$	-	$	27	$	336	$	-	$	-		363
	$	-	$	-	$	-	$	-	$	27	$	336	$	-	$	-	$	363
Home Equity Loans:
Risk rating
Performing	$	9,660	$	5,963	$	7,770	$	5,668	$	6,542	$	22,076	$	-	$	-	$	57,679
Nonperforming		-		-		-		-		-		279		-		-		279
Total Home Equity Loans:	$	9,660	$	5,963	$	7,770	$	5,668	$	6,542	$	22,355	$	-	$	-	$	57,958
Home Equity Lines Loans:
Current-period Gross writeoffs	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-		-
	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Home Equity Credit Lines:
Risk rating
Performing	$	355	$	641	$	248	$	75	$	10	$	15,964	$	327,059	$	-	$	344,352
Nonperforming		-		-		8		56		-		2,813		186		-		3,063
Total Home Equity Credit Lines:	$	355	$	641	$	256	$	131	$	10	$	18,777	$	327,245	$	-	$	347,415
Home Equity Credit Lines Loans:
Current-period Gross writeoffs	$	-	$	-	$	-	$	-	$	-	$	8	$	-	$	-		8
	$	-	$	-	$	-	$	-	$	-	$	8	$	-	$	-	$	8
Installments:
Risk rating
Performing	$	8,473	$	4,592	$	1,484	$	360	$	198	$	605	$	1,008	$	-	$	16,720
Nonperforming		-		49		51		-		63		3		-		-		166
Total Installments	$	8,473	$	4,641	$	1,535	$	360	$	261	$	608	$	1,008	$	-	$	16,886
Installments Loans:
Current-period Gross writeoffs	$	16	$	67	$	50	$	1	$	21	$	21	$	-	$	-		176
	$	16	$	67	$	50	$	1	$	21	$	21	$	-	$	-	$	176

Aging of Recorded Investment in Past Due Loans by Loan Class and by Region

The following tables present the aging of the amortized cost in past due loans by loan class and by region as of June 30, 2024:

	As of June 30, 2024
New York and other states*:	30-59		60-89		90+		Total
	Days		Days		Days		30+ days				Total
(dollars in thousands)	Past Due		Past Due		Past Due		Past Due		Current		Loans
Commercial:
Commercial real estate	$	1,061	$	-	$	518	$	1,579	$	214,261	$	215,840
Other		-		-		213		213		26,535		26,748
Real estate mortgage - 1 to 4 family:
First mortgages		2,948		1,835		5,545		10,328		2,733,664		2,743,992
Home equity loans		-		152		189		341		44,079		44,420
Home equity lines of credit		886		209		1,326		2,421		218,646		221,067
Installment		39		4		88		131		10,713		10,844
Total	$	4,934	$	2,200	$	7,879	$	15,013	$	3,247,898	$	3,262,911

Florida:	30-59		60-89		90+		Total
	Days		Days		Days		30+ days				Total
(dollars in thousands)	Past Due		Past Due		Past Due		Past Due		Current		Loans
Commercial:
Commercial real estate	$	-	$	-	$	-	$	-	$	39,187	$	39,187
Other		-		-		314		314		352		666
Real estate mortgage - 1 to 4 family:
First mortgages		298		378		1,656		2,332		1,566,287		1,568,619
Home equity loans		40		-		97		137		13,472		13,609
Home equity lines of credit		120		19		-		139		148,857		148,996
Installment		63		-		16		79		4,245		4,324
Total	$	521	$	397	$	2,083	$	3,001	$	1,772,400	$	1,775,401

Total:	30-59		60-89		90+		Total
	Days		Days		Days		30+ days				Total
(dollars in thousands)	Past Due		Past Due		Past Due		Past Due		Current		Loans
Commercial:
Commercial real estate	$	1,061	$	-	$	518	$	1,579	$	253,448	$	255,027
Other		-		-		527		527		26,887		27,414
Real estate mortgage - 1 to 4 family:
First mortgages		3,246		2,213		7,201		12,660		4,299,951		4,312,611
Home equity loans		40		152		286		478		57,551		58,029
Home equity lines of credit		1,006		228		1,326		2,560		367,503		370,063
Installment		102		4		104		210		14,958		15,168
Total	$	5,455	$	2,597	$	9,962	$	18,014	$	5,020,298	$	5,038,312

* Includes New York, New Jersey, Vermont and Massachusetts.

The following tables present the aging of the recorded investment in past due loans by loan class and by region as of December 31, 2023:

	As of December 31, 2023
New York and other states*:	30-59		60-89		90+		Total
	Days		Days		Days		30+ days				Total
(dollars in thousands)	Past Due		Past Due		Past Due		Past Due		Current		Loans
Commercial:
Commercial real estate	$	-		-		521		521		212,233		212,754
Other		-		26		-		26		20,837		20,863
Real estate mortgage - 1 to 4 family:
First mortgages		4,330		811		6,008		11,149		2,745,765		2,756,914
Home equity loans		20		138		157		315		43,837		44,152
Home equity lines of credit		591		135		1,499		2,225		210,073		212,298
Installment		6		18		95		119		11,938		12,057
Total	$	4,947		1,128		8,280		14,355		3,244,683		3,259,038

Florida:	30-59		60-89		90+		Total
	Days		Days		Days		30+ days				Total
(dollars in thousands)	Past Due		Past Due		Past Due		Past Due		Current		Loans
Commercial:
Commercial real estate	$	-		-		-		-		39,501		39,501
Other		-		-		314		314		83		397
Real estate mortgage - 1 to 4 family:
First mortgages		1,290		78		1,433		2,801		1,547,390		1,550,191
Home equity loans		73		6		-		79		13,727		13,806
Home equity lines of credit		184		-		56		240		134,877		135,117
Installment		16		-		60		76		4,753		4,829
Total	$	1,563		84		1,863		3,510		1,740,331		1,743,841

Total:	30-59		60-89		90+		Total
	Days		Days		Days		30+ days				Total
(dollars in thousands)	Past Due		Past Due		Past Due		Past Due		Current		Loans
Commercial:
Commercial real estate	$	-		-		521		521		251,734		252,255
Other		-		26		314		340		20,920		21,260
Real estate mortgage - 1 to 4 family:
First mortgages		5,620		889		7,441		13,950		4,293,155		4,307,105
Home equity loans		93		144		157		394		57,564		57,958
Home equity lines of credit		775		135		1,555		2,465		344,950		347,415
Installment		22		18		155		195		16,691		16,886
Total	$	6,510		1,212		10,143		17,865		4,985,014		5,002,879

* Includes New York, New Jersey, Vermont and Massachusetts.

Recorded Investment in Non-Accrual Loans by Loan Class

The following tables present the amortized cost basis in non-accrual loans by portfolio segment:

	As of June 30, 2024
(dollars in thousands)	New York and
	other states*		Florida		Total
Loans in non-accrual status:
Commercial:
Commercial real estate	$	528	$	-	$	528
Other		213		314		527
Real estate mortgage - 1 to 4 family:
First mortgages		11,915		2,599		14,514
Home equity loans		321		133		454
Home equity lines of credit		2,756		253		3,009
Installment		131		22		153
Total non-accrual loans		15,864		3,321		19,185
Restructured real estate mortgages - 1 to 4 family		-		-		-
Total nonperforming loans	$	15,864	$	3,321	$	19,185

* Includes New York, New Jersey, Vermont and Massachusetts.

	As of December 31, 2023
(dollars in thousands)	New York and
	other states*		Florida		Total
Loans in non-accrual status:
Commercial:
Commercial real estate	$	536	$	-	$	536
Other		-		314		314
Real estate mortgage - 1 to 4 family:
First mortgages		11,324		1,981		13,305
Home equity loans		235		44		279
Home equity lines of credit		2,816		247		3,063
Installment		151		15		166
Total non-accrual loans		15,062		2,601		17,663
Restructured real estate mortgages - 1 to 4 family		3		-		3
Total nonperforming loans	$	15,065	$	2,601	$	17,666

* Includes New York, New Jersey, Vermont and Massachusetts.

Loans on Non-Accrual Status and Past Due More than 90 Days

The following tables present the amortized cost basis of loans on non-accrual status and loans past due over 89 days still accruing as of June 30, 2024 and December 31, 2023:

	As of June 30, 2024
(dollars in thousands)	Non-accrual With		Non-accrual With		Loans Past Due
	No Allowance for		Allowance for		Over 89 Days
	Credit Loss		Credit Loss		Still Accruing
Commercial:
Commercial real estate	$	528	$	-		-
Other		314		213		-
Real estate mortgage - 1 to 4 family:
First mortgages		13,410		1,104		-
Home equity loans		264		190		-
Home equity lines of credit		2,691		318		-
Installment		131		22		-
Total loans, net	$	17,338	$	1,847		-

	As of December 31, 2023
(dollars in thousands)	Non-accrual With		Non-accrual With		Loans Past Due
	No Allowance for		Allowance for		Over 89 Days
	Credit Loss		Credit Loss		Still Accruing
Commercial:
Commercial real estate	$	536	$	-		-
Other		314		-		-
Real estate mortgage - 1 to 4 family:
First mortgages		12,584		721		-
Home equity loans		271		8		-
Home equity lines of credit		2,395		668		-
Installment		144		22		-
Total loans, net	$	16,244	$	1,419		-

Amortized Cost of Collateral-dependent Loans by Class

The following table presents the amortized cost basis of individually analyzed collateral dependent loans by portfolio segment as of June 30, 2024 and December 31, 2023:

	As of June 30, 2024
	Type of Collateral
(dollars in thousands)
	Real Estate		Investment Securities/Cash		Other
Commercial:
Commercial real estate	$	631		-		-
Other		527		-		-
Real estate mortgage - 1 to 4 family:		-		-		-
First mortgages		20,219		-		-
Home equity loans		359		-		-
Home equity lines of credit		3,520		-		-
Installment		130		-		-
Total	$	25,386		-		-

	As of December 31, 2023
	Type of Collateral
(dollars in thousands)
	Real Estate		Investment Securities/Cash		Other
Commercial:
Commercial real estate	$	643		-		-
Other		314		-		-
Real estate mortgage - 1 to 4 family:		-		-		-
First mortgages		20,018		-		-
Home equity loans		371		-		-
Home equity lines of credit		3,239		-		-
Installment		144		-		-
Total	$	24,729		-		-

Amortized Cost Basis of Loans Modified to Borrowers Experiencing Financial Difficulty and Financial Effects of Loan Modifications

The percentage of the amortized cost basis of loans that were modified to borrowers in financial distress as compared to the amortized cost basis of each class of financing receivable is also presented below:

For the three months ended:
New York and other states*:	June 30, 2024					June 30, 2023
	Payment		% of Total Class			Payment		% of Total Class
(dollars in thousands)	Delay		of Loans			Delay		of Loans
Commercial:
Commercial real estate	$	-		-		$	-		-
Other		-		-			-		-
Real estate mortgage - 1 to 4 family:		-		-			-		-
First mortgages		194		0.01	%		238		0.01	%
Home equity loans		-		-			-		-
Home equity lines of credit		111		0.05	%		50		0.03	%
Installment		-		-			-		-
Total	$	305		0.01	%	$	288		0.01	%

Florida:
	Payment		% of Total Class			Payment		% of Total Class
(dollars in thousands)	Delay		of Loans			Delay		of Loans
Commercial:
Commercial real estate	$	-		-		$	-		-
Other		-		-			-		-
Real estate mortgage - 1 to 4 family:				-					-
First mortgages		-		-			342		0.02	%
Home equity loans		-		-			-		-
Home equity lines of credit		56		0.04	%		-		-
Installment		-		-			-		-
Total	$	56		0.00	%	$	342		0.02	%

Total
	Payment		% of Total Class			Payment		% of Total Class
(dollars in thousands)	Delay		of Loans			Delay		of Loans
Commercial:
Commercial real estate	$	-		-		$	-		-
Other		-		-			-		-
Real estate mortgage - 1 to 4 family:
First mortgages		194		0.00	%		580		0.01	%
Home equity loans		-		-			-		-
Home equity lines of credit		167		0.05	%		50		0.02	%
Installment		-		-			-		-
Total	$	361		0.01	%	$	630		0.01	%

* Includes New York, New Jersey, Vermont and Massachusetts.

For the six months ended:
New York and other states*:	June 30, 2024					June 30, 2023
	Payment		% of Total Class			Payment		% of Total Class
(dollars in thousands)	Delay		of Loans			Delay		of Loans
Commercial:
Commercial real estate	$	-		-		$	-		-
Other		-		-			-		-
Real estate mortgage - 1 to 4 family:		-		-			-		-
First mortgages		194		0.01	%		238		0.01	%
Home equity loans		-		-			-		-
Home equity lines of credit		111		0.05	%		50		0.03	%
Installment		-		-			-		-
Total	$	305		0.01	%	$	288		0.01	%

Florida:
	Payment		% of Total Class			Payment		% of Total Class
(dollars in thousands)	Delay		of Loans			Delay		of Loans
Commercial:
Commercial real estate	$	-		-		$	-		-
Other		-		-			-		-
Real estate mortgage - 1 to 4 family:				-					-
First mortgages		85		0.01	%		342		0.02	%
Home equity loans		-		-			-		-
Home equity lines of credit		56		0.04	%		-		-
Installment		-		-			-		-
Total	$	141		0.01	%	$	342		0.02	%

Total
	Payment		% of Total Class			Payment		% of Total Class
(dollars in thousands)	Delay		of Loans			Delay		of Loans
Commercial:
Commercial real estate	$	-		-		$	-		-
Other		-		-			-		-
Real estate mortgage - 1 to 4 family:
First mortgages		279		0.01	%		580		0.01	%
Home equity loans		-		-			-		-
Home equity lines of credit		167		0.05	%		50		0.02	%
Installment		-		-			-		-
Total	$	446		0.01	%	$	630		0.01	%

* Includes New York, New Jersey, Vermont and Massachusetts.

Performance of Loans Modified to Borrowers Experiencing Financial Difficulty

The following table describes the performance of loans that have been modified during the six months ended June 30, 2024 and 2023:

	As of June 30, 2024
New York and other states*:				30-59		60-89		90+
				Days		Days		Days
(dollars in thousands)	Current			Past Due		Past Due		Past Due	Total
Commercial:
Commercial real estate	$	-	$	-	$	-	$	-	$	-
Other		-		-		-		-		-
Real estate mortgage - 1 to 4 family:
First mortgages		194		-		-		-		194
Home equity loans		-		-		-		-		-
Home equity lines of credit		111		-		-		-		111
Installment		-		-		-		-		-
Total	$	305	$	-	$	-	$	-	$	305

Florida:				30-59		60-89		90+
				Days		Days		Days
(dollars in thousands)	Current			Past Due		Past Due		Past Due	Total
Commercial:
Commercial real estate	$	-	$	-	$	-	$	-	$	-
Other		-		-		-		-		-
Real estate mortgage - 1 to 4 family:
First mortgages		85		-		-		-		85
Home equity loans		-		-		-		-		-
Home equity lines of credit		56		-		-		-		56
Installment		-		-		-		-		-
Total	$	141	$	-	$	-	$	-	$	141

Total				30-59		60-89		90+
				Days		Days		Days
(dollars in thousands)	Current			Past Due		Past Due		Past Due	Total
Commercial:
Commercial real estate	$	-	$	-	$	-	$	-	$	-
Other		-		-		-		-		-
Real estate mortgage - 1 to 4 family:
First mortgages		279		-		-		-		279
Home equity loans		-		-		-		-		-
Home equity lines of credit		167		-		-		-		167
Installment		-		-		-		-		-
Total	$	446	$	-	$	-	$	-	$	446

* Includes New York, New Jersey, Vermont and Massachusetts.

	As of June 30, 2023
New York and other states*:				30-59		60-89		90+
				Days		Days		Days
(dollars in thousands)	Current			Past Due		Past Due		Past Due	Total
Commercial:
Commercial real estate	$	-	$	-	$	-	$	-	$	-
Other		-		-		-		-		-
Real estate mortgage - 1 to 4 family:
First mortgages		238		-		-		-		238
Home equity loans		-		-		-		-		-
Home equity lines of credit		50		-		-		-		50
Installment		-		-		-		-		-
Total	$	288	$	-	$	-	$	-	$	288

Florida:				30-59		60-89		90+
				Days		Days		Days
(dollars in thousands)	Current			Past Due		Past Due		Past Due	Total
Commercial:
Commercial real estate	$	-	$	-	$	-	$	-	$	-
Other		-		-		-		-		-
Real estate mortgage - 1 to 4 family:
First mortgages		342		-		-		-		342
Home equity loans		-		-		-		-		-
Home equity lines of credit		-		-		-		-		-
Installment		-		-		-		-		-
Total	$	342	$	-	$	-	$	-	$	342

Total				30-59		60-89		90+
				Days		Days		Days
(dollars in thousands)	Current			Past Due		Past Due		Past Due	Total
Commercial:
Commercial real estate	$	-	$	-	$	-	$	-	$	-
Other		-		-		-		-		-
Real estate mortgage - 1 to 4 family:
First mortgages		580		-		-		-		580
Home equity loans		-		-		-		-		-
Home equity lines of credit		50		-		-		-		50
Installment		-		-		-		-		-
Total	$	630	$	-	$	-	$	-	$	630

* Includes New York, New Jersey, Vermont and Massachusetts.

Financial Effect of Modifications Made to Borrowers Experiencing Financial Difficulty

The following tables describes the financial effect of the modifications made to borrowers experiencing financial difficulty:

For the three months ended:
	June 30, 2024		June 30, 2023
	Weighted		Weighted
New York and other states*:	Average		Average
	Payment		Payment
(dollars in thousands)	Delay (Months)		Delay (Months)
Commercial:
Commercial real estate	$	-	$	-
Other		-		-
Real estate mortgage - 1 to 4 family:		-		-
First mortgages		12		22
Home equity loans		-		-
Home equity lines of credit		24		18
Installment		-		-
Total	$	36	$	40

	Weighted		Weighted
Florida:	Average		Average
	Payment		Payment
(dollars in thousands)	Delay (Months)		Delay (Months)
Commercial:
Commercial real estate	$	-	$	-
Other		-		-
Real estate mortgage - 1 to 4 family:
First mortgages		-		24
Home equity loans		-		-
Home equity lines of credit		6		-
Installment		-		-
Total	$	6	$	24

	Weighted		Weighted
	Average		Average
	Payment		Payment
(dollars in thousands)	Delay (Months)		Delay (Months)
Commercial:
Commercial real estate	$	-	$	-
Other		-		-
Real estate mortgage - 1 to 4 family:
First mortgages		12		46
Home equity loans		-		-
Home equity lines of credit		18		18
Installment		-		-
Total	$	30	$	64

* Includes New York, New Jersey, Vermont and Massachusetts.

For the six months ended:
	June 30, 2024		June 30, 2023
	Weighted		Weighted
New York and other states*:	Average		Average
	Payment		Payment
(dollars in thousands)	Delay (Months)		Delay (Months)
Commercial:
Commercial real estate	$	-	$	-
Other		-		-
Real estate mortgage - 1 to 4 family:		-		-
First mortgages		12		22
Home equity loans		-		-
Home equity lines of credit		24		18
Installment		-		-
Total	$	36	$	40

	Weighted		Weighted
Florida:	Average		Average
	Payment		Payment
(dollars in thousands)	Delay (Months)		Delay (Months)
Commercial:
Commercial real estate	$	-	$	-
Other		-		-
Real estate mortgage - 1 to 4 family:
First mortgages		12		24
Home equity loans		-		-
Home equity lines of credit		6		-
Installment		-		-
Total	$	18	$	24

	Weighted		Weighted
	Average		Average
	Payment		Payment
(dollars in thousands)	Delay (Months)		Delay (Months)
Commercial:
Commercial real estate	$	-	$	-
Other		-		-
Real estate mortgage - 1 to 4 family:
First mortgages		12		46
Home equity loans		-		-
Home equity lines of credit		18		18
Installment		-		-
Total	$	30	$	64

* Includes New York, New Jersey, Vermont and Massachusetts.