Debt (Tables)

12 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Schedule of Short-term Debt

Schedule of Short-Term Borrowings:

	2018		2017
Balances at December 31:
Overnight Advances from the Federal Home Loan Bank of New York	$	234,000	$	105,000
Securities Sold Under Agreements to Repurchase	54,659		64,966
Total Short-Term Borrowings	$	288,659	$	169,966
Maximum Borrowing Capacity at December 31:
Federal Funds Purchased	$	57,000	$	35,000
Federal Home Loan Bank of New York	550,750		511,301
Federal Reserve Bank of New York	489,809		424,724

Schedule of Financial Instruments Owned and Pledged as Collateral

Investment securities with a fair value of $65.5 million and $66.6 million were pledged as collateral for the securities sold under agreements to repurchase at December 31, 2018 and 2017, respectively, and are presented in the table below:

	2018		2017
Balances at December 31:
U.S. Government & Agency Obligations	$	22,314	$	37,329
Mortgage-Backed Securities	43,155		29,284
Total Pledged Collateral for Repo Accounts	$	65,469	$	66,613

Schedule of Maturities of Long-term Debt

Maturity Schedule of FHLBNY Term Advances:

	Balances				Weighted Average Rate
Final Maturity	2018		2017		2018		2017
First Year	$	20,000	$	10,000	1.70	%	1.50	%
Second Year	25,000		20,000		2.02	%	1.70	%
Third Year	—		25,000		—	%	2.02	%
Fourth Year	—		—		—	%	—	%
Fifth Year	—		—		—	%	—	%
Total	$	45,000	$	55,000	1.88	%	1.81	%

Schedule of Long-term Debt Instruments

Schedule of Guaranteed Preferred Beneficial Interests in Corporation's Junior Subordinated Debentures

	2018			2017
ACST II
Balance at December 31,	$	10,000		$	10,000
Period-End Interest Rate	5.55		%	4.49		%
ACST III
Balance at December 31,	$	10,000		$	10,000
Period-End Interest Rate	4.40		%	3.34		%