CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Assets
Cash and due from banks	$ 8,692	$ 8,116
Overnight deposits	855,613	381,104
Total cash and cash equivalents	864,305	389,220
Investment securities available for sale, at fair value, substantially restricted	266,096	234,942
Investment securities held to maturity (estimated fair value of $2,827 and $3,712 at December 31, 2020 and 2019, respectively)	2,760	3,722
Equity investments	2,313	2,224
Total securities	271,169	240,888
Other investments	11,597	21,437
Loans, net of deferred fees and unamortized costs	3,137,053	2,672,949
Allowance for loan losses	(35,407)	(26,272)
Net loans	3,101,646	2,646,677
Receivable from global payments business, net	27,259	11,581
Accrued interest receivable	13,249	8,862
Premises and equipment, net	13,475	12,100
Prepaid expenses and other assets	18,388	17,074
Goodwill	9,733	9,733
Total assets	4,330,821	3,357,572
Deposits:
Noninterest-bearing demand deposits	1,715,042	1,090,479
Interest-bearing deposits	2,103,471	1,700,295
Total deposits	3,818,513	2,790,774
Federal Home Loan Bank of New York advances	0	144,000
Trust preferred securities	20,620	20,620
Subordinated debt, net of issuance cost	24,657	24,601
Secured borrowings	36,964	42,972
Accounts payable, accrued expenses and other liabilities	61,645	23,556
Accrued interest payable	712	1,229
Prepaid third-party debit cardholder balances	26,923	10,696
Total liabilities	3,990,034	3,058,448
Commitments and Contingencies (See Note 11)
Stockholders' equity:
Common stock, $0.01 par value, 25,000,000 shares authorized, 8,295,272 and 8,312,918 shares issued and outstanding at December 31, 2020 and 2019, respectively	82	82
Additional paid in capital	218,899	216,468
Retained earnings	120,830	81,364
Accumulated other comprehensive loss, net of tax effect	973	1,207
Total stockholders' equity	340,787	299,124
Total liabilities and stockholders' equity	4,330,821	3,357,572
Class B Preferred Stock
Stockholders' equity:
Class B preferred stock, $0.01 par value, authorized 2,000,000 shares, 272,636 issued and outstanding at December 31, 2020 and 2019	3	3
Total stockholders' equity	$ 3	$ 3