CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
ASSETS
Cash and due from financial institutions	$ 25,203	$ 33,040
Interest-earning deposits in other financial institutions	96,701	96,932
Total cash and cash equivalents	121,904	129,972
Equity investments, at fair value	2,174	1,909
Securities available for sale, at estimated fair value	284,090	242,258
Securities held to maturity, estimated fair value of $3,139 at December 31, 2019 and $4,858 at December 31, 2018	3,115	4,875
FHLBNY and FRBNY Stock, at cost	3,099	3,138
Loans, net of deferred loan fees	1,309,219	1,311,906
Allowance for loan losses	(23,478)	(18,944)
Loans, net	1,285,741	1,292,962
Loans held for sale	1,185	502
Premises and equipment, net	22,417	24,980
Operating lease right-of-use assets	8,001	0
Goodwill	21,824	21,824
Other intangible assets, net	742	1,351
Bank owned life insurance	3,111	3,048
Accrued interest and other assets	30,424	28,524
Total assets	1,787,827	1,755,343
Deposits:
Non-interest-bearing	468,238	484,433
Interest-bearing	1,103,900	1,084,804
Total deposits	1,572,138	1,569,237
Long term capital lease obligation	4,085
Long term capital lease obligation		4,304
Operating lease liabilities	8,084
Dividends payable	1,263	1,254
Accrued interest payable and other liabilities	19,630	15,519
Total liabilities	1,605,200	1,590,314
Shareholders' equity:
Common stock, $0.01 par value per share, 10,000,000 shares authorized; 5,310,076 issued at December 31, 2019 and December 31, 2018	53	53
Additional-paid-in capital	46,382	45,820
Retained earnings	153,701	143,129
Treasury stock, at cost (452,641 shares at December 31, 2019; 488,844 shares at December 31, 2018)	(11,710)	(12,562)
Accumulated other comprehensive loss	(5,799)	(11,411)
Total shareholders' equity	182,627	165,029
Total liabilities and shareholders' equity	$ 1,787,827	$ 1,755,343