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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 24,915,000 $ 15,080,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Provision for loan losses 4,200,000 5,450,000
Depreciation 1,481,000 1,322,000
Amortization of intangible assets 123,000 114,000
Deferred income taxes (383,000) 850,000
Net amortization of securities premiums and discounts 1,529,000 1,246,000
Net realized gain on sales of securities (92,000) (71,000)
Earnings and proceeds on life insurance policies (941,000) (845,000)
Loss on sales of fixed assets and foreclosed real estate owned 108,000 128,000
Net gain on sale of loans (177,000) (527,000)
Mortgage loans originated for sale (8,616,000) (12,312,000)
Proceeds from sale of loans originated for sale 8,793,000 12,839,000
Compensation expense related to stock options 214,000 204,000
Compensation expense related to restricted stock 335,000 332,000
Decrease (increase) in accrued interest receivable 343,000 (1,087,000)
Decrease in accrued interest payable (398,000) (1,006,000)
Other, net (2,236,000) (7,920,000)
Net cash provided by operating activities 29,198,000 13,797,000
Securities available for sale:    
Proceeds from sales 11,366,000 24,497,000
Proceeds from maturities and principal reductions on mortgage-backed securities 68,218,000 58,876,000
Purchases (268,242,000) (82,351,000)
Purchase of regulatory stock (4,201,000) (4,001,000)
Redemption of regulatory stock 4,255,000 7,326,000
Net decrease (increase) in loans 57,938,000 (80,770,000)
Proceeds from bank-owned life insurance 511,000  
Purchase of premises and equipment (1,258,000) (749,000)
Proceeds from sales of foreclosed real estate owned 291,000 612,000
Proceeds from sales of bank premises and fixed assets 158,000 10,000
Acquisition, net of cash and cash equivalents acquired   15,193,000
Net cash used in investing activities (130,964,000) (61,357,000)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net increase in deposits 221,151,000 163,743,000
Net increase in short-term borrowings (2,481,000) 1,047,000
Repayments of other borrowings (12,461,000) (23,979,000)
Proceeds from other borrowings   10,000,000
Stock options exercised 394,000 268,000
Sale of treasury stock for ESOP 130,000 130,000
Purchase of treasury stock (1,440,000) (108,000)
Cash dividends paid (8,539,000) (7,263,000)
Net cash provided by financing activities 196,754,000 143,838,000
Net Increase in Cash and Cash Equivalents 94,988,000 96,278,000
CASH AND CASH EQUIVALENTS - BEGINNING 111,693,000 15,415,000
CASH AND CASH EQUIVALENTS - ENDING 206,681,000 111,693,000
Cash payments for:    
Interest paid 6,155,000 8,810,000
Income taxes paid, net of refunds 5,330,000 2,793,000
Supplemental Schedule of Noncash Investing Activities:    
Transfers of loans to foreclosed real estate owned and repossession of other assets 1,740,000 592,000
Dividends payable $ 2,296,000 2,139,000
Merger with UpState New York Bancorp, Inc.    
Noncash assets acquired: Securities available-for-sale   13,948,000
Noncash assets acquired: Regulatory stock   2,487,000
Noncash assets acquired: Loans   413,535,000
Noncash assets acquired: Premises and equipment, net   5,529,000
Noncash assets acquired: Accrued interest receivable   1,426,000
Noncash assets acquired: Deferred tax assets   1,495,000
Noncash assets acquired: Other assets   376,000
Total Noncash assets acquired   438,796,000
Liabilities assumed:    
Time deposits   204,440,000
Deposits other than time deposits   206,919,000
Accrued interest payable   175,000
Other liabilities   6,496,000
Total Liabilities assumed   418,030,000
Net Noncash Assets Acquired   20,766,000
Cash Acquired   $ 24,037,000