Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Cash Flows from Operating Activities
Net income	$ 28,462	$ 41,823
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	464	646
(Recovery of) provision for credit losses	(2,051)	1,800
Increase in value of bank-owned life insurance	(736)	(568)
Gain on sale of SBA loans	0	(98)
SBA loans originated for sale	0	(1,723)
Proceeds from sale of SBA loans originated for sale	0	1,821
Net gain on OREO	(38)	(328)
Net accretion of purchase premiums and discounts on securities	(37)	(9)
Stock based compensation	397	349
Decrease (increase) in deferred income tax	595	(1,325)
Net changes in:
Increase in accrued interest receivable and other assets	(4,955)	(727)
Increase in accrued interest payable and other accrued liabilities	917	1,789
Net cash provided by operating activities	23,018	43,450
Cash Flows from Investing Activities
Repayments and maturities of investment securities available for sale	2,412	2,905
Repayments and maturities of investment securities held to maturity	147	590
Net increase in loans	(35,986)	(268,420)
Sales (purchases) of bank premises and equipment	105
Sales (purchases) of bank premises and equipment		(150)
Proceeds from sale of OREO, net	161	2,426
Proceeds from bank owned life insurance policy	466	0
Redemptions of restricted stock	10,819	912
Purchases of restricted stock	(13,016)	(1,207)
Net cash used in investing activities	(34,892)	(262,944)
Cash Flows from Financing Activities
Cash dividends	(8,629)	(7,886)
Proceeds from exercise of stock options	33	406
Net proceeds from issuance of subordinate debt	0	0
Earnings distribution from non-controlling interest	0	0
(Decrease) increase in FHLBNY short-term borrowings	(53,150)
(Decrease) increase in FHLBNY short-term borrowings		63,150
Increase (decrease) in FHLBNY long-term borrowings	95,000
Increase (decrease) in FHLBNY long-term borrowings		(58,150)
Net decrease in other borrowed funds	0	0
Net decrease in noninterest-bearing deposits	(120,357)	(201,264)
Net increase in interest-bearing deposits	97,203	8,835
Net cash provided by (used in) financing activities	10,100	(194,909)
Decrease in cash and cash equivalents	(1,774)	(414,403)
Cash and Cash Equivalents, January 1,	182,150	596,553
Cash and Cash Equivalents, December 31,	180,376	182,150
Supplemental Disclosure of Cash Flow Information:
Interest paid	47,008	13,095
Income taxes paid	14,677	13,923
Non-cash Investing and Financing Items
Loans transferred to OREO	123	1,994
Accrued dividends payable	$ 2,158	$ 2,156