BCB Bancorp (BCBP) 10-Q 5 Nov 21 2021 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2021	Nov. 02, 2021
Document And Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2021
Document Transition Report	false
Entity File Number	0-50275
Entity Registrant Name	BCB Bancorp, Inc.
Entity Incorporation, State or Country Code	NJ
Entity Tax Identification Number	26-0065262
Entity Address, Address Line One	104-110 Avenue C
Entity Address, City or Town	Bayonne
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	07002
City Area Code	201
Local Phone Number	823-0700
Title of 12(b) Security	Common Stock, no par value
Security Exchange Name	NASDAQ
Trading Symbol	BCBP
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		17,033,147
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
Entity Central Index Key	0001228454
Amendment Flag	false

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
ASSETS
Cash and amounts due from depository institutions	$ 8,569	$ 23,201
Interest-earning deposits	434,369	238,028
Total cash and cash equivalents	442,938	261,229
Interest-earning time deposits	735	735
Debt securities available for sale	82,603	99,756
Equity investments	23,534	17,717
Loans held for sale	913	3,530
Loans receivable, net of allowance for loan losses of $38,156 and $33,639 respectively	2,289,854	2,295,021
Federal Home Loan Bank of New York stock, at cost	8,193	11,324
Premises and equipment, net	12,998	15,272
Accrued interest receivable	10,388	12,924
Other real estate owned		414
Deferred income taxes	13,515	12,574
Goodwill and other intangibles	5,445	5,488
Operating lease right-of-use assets	13,245	14,988
Bank-owned life insurance ("BOLI")	71,728	61,033
Other assets	7,698	9,011
Total Assets	2,983,787	2,821,016
LIABILITIES
Non-interest-bearing deposits	544,619	402,100
Interest bearing deposits	1,996,786	1,915,950
Total deposits	2,541,405	2,318,050
FHLB advances	118,573	191,161
Subordinated debentures	37,217	37,042
Operating lease liability	13,533	15,224
Other liabilities	9,978	10,328
Total Liabilities	2,720,706	2,571,805
STOCKHOLDERS' EQUITY
Preferred stock: $0.01 par value, 10,000,000 shares authorized; issued and outstanding 2,596 shares of Series D 4.5%, Series G 6%, and Series H 3.5%, (liquidation value $10,000 per share) noncumulative perpetual preferred stock at September 30, 2021 and December 31, 2020
Additional paid-in capital preferred stock	25,723	25,723
Common stock: no par value; 40,000,000 shares authorized; issued 19,692,259 and 19,574,858 at September 30, 2021 and December 31, 2020, respectively, outstanding 17,035,675 shares and 17,107,640 shares, at September 30, 2021 and December 31, 2020, respectively
Additional paid-in capital common stock	193,613	192,276
Retained earnings	73,388	58,335
Accumulated other comprehensive loss	(214)	(205)
Treasury stock, at cost, 2,656,584 and 2,467,218 shares at September 30, 2021 and December 31, 2020, respectively	(29,429)	(26,918)
Total Stockholders' Equity	263,081	249,211
Total Liabilities and Stockholders' Equity	$ 2,983,787	$ 2,821,016

Consolidated Statements of Fi_2

Consolidated Statements of Financial Condition (Parenthetical) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Sep. 30, 2021	Dec. 31, 2020
Loans receivable, allowance for loan losses	$ 38,156	$ 38,156	$ 33,639
Preferred stock, par value per share	$ 0.01	$ 0.01	$ 0.01
Preferred stock, shares authorized	10,000,000	10,000,000	10,000,000
Preferred stock, shares issued	2,596	2,596	2,596
Preferred stock, shares outstanding	2,596	2,596	2,596
Common stock, no par value	$ 0	$ 0	$ 0
Common stock, shares authorized	40,000,000	40,000,000	40,000,000
Common stock, shares issued	19,692,259	19,692,259	19,574,858
Common stock, shares outstanding	17,035,675	17,035,675	17,107,640
Treasury stock, shares	2,656,584	2,656,584	2,467,218
Series D Preferred Stock [Member]
Preferred stock, dividend rate	4.50%	4.50%	4.50%
Preferred stock, liquidation preference per share	$ 10,000	$ 10,000	$ 10,000
Series G Preferred Stock [Member]
Preferred stock, dividend rate	6.00%	6.00%	6.00%
Preferred stock, liquidation preference per share	$ 10,000	$ 10,000	$ 10,000
Series H Preferred Stock [Member]
Preferred stock, dividend rate	3.50%	3.50%	3.50%
Preferred stock, liquidation preference per share	$ 10,000	$ 10,000	$ 10,000

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Interest and dividend income:
Loans, including fees	$ 26,922	$ 27,126	$ 80,673	$ 80,063
Mortgage-backed securities	159	393	532	1,450
Other investment securities	814	693	2,345	947
FHLB stock and other interest earning assets	249	254	673	2,631
Total interest income	28,144	28,466	84,223	85,091
Deposits:
Demand	1,059	1,157	3,407	4,927
Savings and club	131	113	376	324
Certificates of deposit	1,344	4,531	4,975	16,658
Total deposits	2,534	5,801	8,758	21,909
Borrowings	997	1,775	3,226	5,523
Total interest expense	3,531	7,576	11,984	27,432
Net interest income	24,613	20,890	72,239	57,659
Provision for loan losses	680	2,726	4,840	7,526
Net interest income after provision for loan losses	23,933	18,164	67,399	50,133
Non-interest income:
Fees and service charges	713	875	2,853	2,138
BOLI income	765	385	2,195	385
Gain on sales of loans	83	174	575	292
Loss on sale of impaired loans held in portfolio			(64)
Gain on sales of other real estate owned	11		11
Gain on sales of premises		4,378	371	4,378
Gain on sale of investment securities		306		306
Realized and unrealized (losses) gains on equity investments	(307)	778	(4)	820
Other	52	59	150	427
Total non-interest income	1,317	6,955	6,087	8,746
Non-interest expense:
Salaries and employee benefits	6,511	6,385	19,568	19,456
Occupancy and equipment	2,983	2,996	8,604	8,730
Data processing and communications	1,511	1,394	4,493	4,256
Professional fees	543	421	1,446	1,289
Director fees	233	471	790	1,194
Regulatory assessments	303	311	993	883
Advertising and promotional	200	59	392	825
Other real estate owned, net	(11)	11	12	58
Loss from extinguishment of debt	337	313	1,071	313
Other	918	981	2,899	2,654
Total non-interest expense	13,528	13,342	40,268	39,658
Income before income tax provision	11,722	11,777	33,218	19,221
Income tax provision	3,400	3,465	9,729	5,662
Net Income	8,322	8,312	23,489	13,559
Preferred stock dividends	286	332	852	1,014
Net Income available to common stockholders	$ 8,036	$ 7,980	$ 22,637	$ 12,545
Net Income per common share-basic and diluted
Basic	$ 0.47	$ 0.47	$ 1.33	$ 0.73
Diluted	$ 0.47	$ 0.47	$ 1.31	$ 0.73
Weighted average number of common shares outstanding
Basic	17,019	17,069	17,085	17,250
Diluted	17,222	17,069	17,242	17,268

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Consolidated Statements of Comprehensive Income [Abstract]
Net Income	$ 8,322	$ 8,312	$ 23,489	$ 13,559
Unrealized (losses) gains on available-for-sale debt securities:
Unrealized holding (losses) gains arising during the period	(161)	(129)	(12)	3,783
Tax Effect	40	32	3	(938)
Other comprehensive (loss) income	(121)	(97)	(9)	2,845
Comprehensive income	$ 8,201	$ 8,215	$ 23,480	$ 16,404

Consolidated Statement of Chang

Consolidated Statement of Changes in Stockholders' Equity - USD ($) $ in Thousands	Additional Paid-In Capital [Member]Series D Preferred Stock [Member]	Additional Paid-In Capital [Member]Series C And F Preferred Stock [Member]	Additional Paid-In Capital [Member]Series H Preferred Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Series D Preferred Stock [Member]	Series C And F Preferred Stock [Member]	Series H Preferred Stock [Member]	Total
Beginning balance at Dec. 31, 2019				$ 215,310	$ 48,429	$ (22,048)	$ (2,218)				$ 239,473
Net income					13,559						13,559
Other comprehensive income							2,845				2,845
Cost for issuance of common stock				(126)							(126)
Issuance of stock			$ 8,950							$ 8,950
Redemption of Preferred Stock	$ (10,485)							$ (10,485)
Exercise of stock options				5							5
Stock-based compensation expense				944							944
Treasury stock purchases						(4,870)					(4,870)
Dividends payable on Series C 6%, Series D 4.5%, Series F 6%, Series G 6%, and Series H 3.5% noncumulative perpetual preferred stock					(1,014)						(1,014)
Cash dividends on common stock					(6,915)						(6,915)
Dividend reinvestment plan				317	(317)
Stock purchase plan				321							321
Ending balance at Sep. 30, 2020				215,236	53,742	(26,918)	627				242,687
Beginning balance at Jun. 30, 2020				219,116	48,097	(26,918)	724				241,019
Net income					8,312						8,312
Other comprehensive income							(97)				(97)
Issuance of stock			$ 5,870							$ 5,870
Redemption of Preferred Stock		$ (10,345)							$ (10,345)
Stock-based compensation expense				385							385
Dividends payable on Series C 6%, Series D 4.5%, Series F 6%, Series G 6%, and Series H 3.5% noncumulative perpetual preferred stock					(332)						(332)
Cash dividends on common stock					(2,227)						(2,227)
Dividend reinvestment plan				108	(108)
Stock purchase plan				102							102
Ending balance at Sep. 30, 2020				215,236	53,742	(26,918)	627				242,687
Beginning balance at Dec. 31, 2020				217,999	58,335	(26,918)	(205)				249,211
Net income					23,489						23,489
Other comprehensive income							(9)				(9)
Exercise of stock options				281							281
Stock-based compensation expense				337							337
Treasury stock purchases						(2,511)					(2,511)
Dividends payable on Series C 6%, Series D 4.5%, Series F 6%, Series G 6%, and Series H 3.5% noncumulative perpetual preferred stock					(852)						(852)
Cash dividends on common stock					(7,241)						(7,241)
Dividend reinvestment plan				343	(343)
Stock purchase plan				376							376
Ending balance at Sep. 30, 2021				219,336	73,388	(29,429)	(214)				263,081
Beginning balance at Jun. 30, 2021				218,691	68,123	(28,197)	(93)				258,524
Net income					8,322						8,322
Other comprehensive income							(121)				(121)
Exercise of stock options				281							281
Stock-based compensation expense				86							86
Treasury stock purchases						(1,232)					(1,232)
Dividends payable on Series C 6%, Series D 4.5%, Series F 6%, Series G 6%, and Series H 3.5% noncumulative perpetual preferred stock					(286)						(286)
Cash dividends on common stock					(2,647)						(2,647)
Dividend reinvestment plan				124	(124)
Stock purchase plan				154							154
Ending balance at Sep. 30, 2021				$ 219,336	$ 73,388	$ (29,429)	$ (214)				$ 263,081

Consolidated Statement of Cha_2

Consolidated Statement of Changes in Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended				9 Months Ended		12 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Exercise of stock options (shares)	31,000				67,623	500
Cash dividends on common stock (per share)	$ 0.16	$ 0.14	$ 0.14	$ 0.14		$ 0.14
Treasury stock purchases (shares)	91,491				189,366	500,000
Cashless Stock Options Exercise [Member]
Exercise of stock options (shares)					31,000
Series C Preferred Stock [Member]
Preferred stock, dividend rate				6.00%		6.00%
Series D Preferred Stock [Member]
Preferred stock, dividend rate	4.50%			4.50%	4.50%	4.50%	4.50%
Series F Preferred Stock [Member]
Preferred stock, dividend rate				6.00%		6.00%
Series G Preferred Stock [Member]
Preferred stock, dividend rate	6.00%			6.00%	6.00%	6.00%	6.00%
Series H Preferred Stock [Member]
Preferred stock, dividend rate	3.50%				3.50%		3.50%

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Cash Flows from Operating Activities:
Net Income	$ 23,489	$ 13,559
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of premises and equipment	2,156	2,216
Amortization and accretion, net	(406)	(1,864)
Provision for loan losses	4,840	7,526
Deferred income tax benefit	(938)	(1,942)
Loans originated for sale	(21,927)	(13,112)
Proceeds from sales of loans	25,119	12,811
Gain on sales of loans originated for sale	(575)	(292)
Gain on sales of investment securities		(306)
Gain on sale of premises	(371)	(4,378)
Realized and unrealized losses (gains) on equity investments	4	(820)
Gain on sales of other real estate owned	(11)
Loss on sale of impaired loans held in portfolio	64
Stock-based compensation expense	337	944
BOLI income	(2,195)	(385)
Decrease (increase) in interest receivable	2,536	(9,428)
Decrease (increase) in other assets	1,313	(1,739)
Decrease in accrued interest payable	(803)	(1,223)
Increase in other liabilities	454	4,987
Net Cash Provided by Operating Activities	33,086	6,554
Cash Flows from Investing Activities:
Proceeds from repayments, calls, and maturities on securities available for sale	29,245	24,663
Purchases of securities	(18,345)	(70,561)
Proceeds from sale of impaired loans	3,442
Proceeds from sales of securities		10,419
Purchase of loans		(48,360)
Net increase in loans receivable	(1,671)	(170,233)
Purchases of BOLI	(8,500)	(60,000)
Proceeds from sales of other real estate owned	425
Additions to premises and equipment	(254)	(1,305)
Proceeds from the sale of fixed assets and premises	742	7,419
Redemption of Federal Home Loan Bank of New York stock	3,131	661
Net Cash Provided by (Used In) Investing Activities	8,215	(307,297)
Cash Flows from Financing Activities:
Net increase (decrease) in deposits	223,355	(88,725)
Proceeds from Federal Home Loan Bank of New York advances	10,000	48,800
Repayments of Federal Home Loan Bank of New York advances	(83,000)	(35,000)
Purchases of treasury stock	(2,511)	(4,870)
Cash dividends paid on common stock	(7,241)	(6,915)
Cash dividends paid on preferred stock	(852)	(1,014)
Net proceeds from issuance of common stock	376	195
Net proceeds from issuance of preferred stock		8,950
Net payment on redemption of preferred stock		(10,485)
Exercise of stock options	281	5
Net Cash Provided by (Used In) Financing Activities	140,408	(89,059)
Net Increase (Decrease) in Cash and Cash Equivalents	181,709	(389,802)
Cash and Cash Equivalents - Beginning	261,229	550,353
Cash and Cash Equivalents - Ending	442,938	160,551
Supplementary Cash Flow Information:
Cash paid during the year for: Income taxes	10,150	10,554
Cash paid during the year for: Interest	$ 12,787	$ 28,656

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2021
Basis of Presentation [Abstract]
Basis of Presentation	Note 1 – Basis of Presentation The accompanying unaudited consolidated financial statements include the accounts of BCB Bancorp, Inc. (the “Company”) and the Company’s wholly owned subsidiaries, BCB Community Bank (the “Bank”), BCB Holding Company Investment Corporation, Special Asset REO I, LLC., and Special Asset REO II, LLC. The Company’s business is conducted principally through the Bank. All significant intercompany accounts and transactions have been eliminated in consolidation. The accompanying unaudited consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q and Regulation S-X and, therefore, do not necessarily include all information that would be included in audited consolidated financial statements. The information furnished reflects all adjustments that are, in the opinion of management, necessary for a fair presentation of consolidated financial condition and results of operations. All such adjustments are of a normal recurring nature. These results are not necessarily indicative of the results to be expected for the fiscal year ending December 31 , or any other future period. The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the consolidated statement of financial condition and revenues and expenses for the periods then ended. Actual results could differ significantly from those estimates. These unaudited consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and related notes for the year ended December 31, 2020, which are included in the Company’s Annual Report on Form 10-K as filed with the Securities and Exchange Commission. In preparing these consolidated financial statements, the Company evaluated the events and transactions that occurred between December 31, 2020 and the date these consolidated financial statements were issued. Risks and Uncertainties - We are subject to risks and uncertainties as a result of the ongoing COVID-19 pandemic. The extent of the impact of the COVID-19 pandemic on the Company's business is highly uncertain and difficult to predict. The severity of the impact of the ongoing COVID-19 pandemic on the Company's business will depend on a number of factors, including, but not limited to, the duration and severity of the pandemic and the extent and severity of the impact on the Company's customers and any government or governmental responses thereto, including legislative or regulatory changes as well as the distribution and effectiveness of COVID-19 vaccines, all of which are uncertain and cannot be predicted. The Company's future results of operations and liquidity could be adversely impacted. As of the date of issuance of these condensed consolidated financial statements, the extent to which the COVID-19 pandemic may materially impact the Company's financial condition, liquidity, or results of operations is uncertain.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Sep. 30, 2021
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	Note 2 - Recent Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2016-13, Financial Instruments - Credit Losses ASU 2016-13, and related guidance, requires entities to report “expected” credit losses on financial instruments and other commitments to extend credit rather than the current “incurred loss” model. These expected credit losses for financial assets held at the reporting date are to be based on historical experience, current conditions, and reasonable and supportable forecasts. This ASU will also require enhanced disclosures to help investors and other financial statement users better understand significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an entity’s portfolio. These disclosures include qualitative and quantitative requirements that provide additional information about the amounts recorded in the consolidated financial statements. The amendments are effective for the Company in 2023. The Company has begun evaluating the impact the adoption of ASU 2016-13 will have on its consolidated financial statements and results of operations. The effect of this change cannot be ascertained at this point, and will depend upon factors including asset components, asset quality and market conditions at the adoption date. The Company has created a Current Expected Credit Loss (“CECL”) task group comprised of members of its finance, credit administration, lending, internal audit, loan operations, compliance, and information systems units. The CECL task group has become familiar with the provisions of ASU 2016-13 and is in the process of implementing the new guidance, which includes, but is not limited to: (1) identifying segments and sub-segments within the loan portfolio that have similar risk characteristics; (2) determining the appropriate methodology for each segment; (3) implementing changes that are necessary to its core operating system and interfaces to be able to capture appropriate data requirements; and (4) evaluating qualitative and economic factors to develop appropriate forecasts for integration into the model. The Company is currently evaluating the effect this guidance may have on its operating results and/or financial position, including assessing any potential impact on its capital.

Reclassification

Reclassification	9 Months Ended
	Sep. 30, 2021
Reclassification [Abstract]
Reclassification	Note 3 – Reclassification Certain amounts as of December 31, 2020 and for the three-month and nine-month periods ended September 30, 2020 have been reclassified to conform to the current period’s presentation. These changes had no effect on the Company’s results of operations or financial position.

Equity Incentive Plans

Equity Incentive Plans	9 Months Ended
	Sep. 30, 2021
Equity Incentive Plans [Abstract]
Equity Incentive Plans	Note 4 – Equity Incentive Plans Equity Incentive Plans The Company, under the plan approved by its shareholders on April 28, 2011 (“2011 Stock Plan”), authorized the issuance of up to 900,000 shares of common stock of the Company pursuant to grants of stock options. Employees and directors of the Company and the Bank were eligible to participate in the 2011 Stock Plan. All stock options were granted in the form of either "incentive" stock options or "non-qualified" stock options. Incentive stock options have certain tax advantages that must comply with the requirements of Section 422 of the Internal Revenue Code. Only employees were permitted to receive incentive stock options. No awards may be granted under this Plan after April 28, 2021. The Company, under the plan approved by its shareholders on April 26, 2018 (“2018 Equity Incentive Plan”), authorized the issuance of up to 1,000,000 shares of common stock of the Company pursuant to grants of stock options and restricted stock units. Employees and directors of the Company and the Bank are eligible to participate in the 2018 Stock Plan. All stock options will be granted in the form of either "incentive" stock options or "non-qualified" stock options. Incentive stock options have certain tax advantages that must comply with the requirements of Section 422 of the Internal Revenue Code. Only employees are permitted to receive incentive stock options. Under the 2018 Equity Incentive Plan, on February 10, 2021, grants of 66,000 options, in aggregate, were declared for members of the Board of Directors of the Bank and the Company which vest over a 5 -year period, commencing on the first anniversary of the grant date. The exercise price was recorded as of close of business on February 10, 2021. On February 10, 2021, awards of 26,400 shares of restricted stock, in aggregate, were declared for members of the Board of Directors of the Bank and the Company, which vest over a 4 -year period, commencing on the anniversary of the award date. On February 19, 2021, an award of 300 shares of restricted stock was declared for an officer of the Bank and the Company, which vests over a 2 -year period, commencing on the anniversary of the award date. Further, on April 26, 2021, grants of 6,800 options, in aggregate, were declared for certain officers of the Bank and the Company, which vest over a 5 -year period commencing on the first anniversary of the grant date. The exercise price was recorded as of close of business on April 26, 2021. Note 4 – Equity Incentive Plans (Continued) The following table presents a summary of the status of the Company’s restricted shares as of September 30, 2021 and 2020. Number of Shares Awarded Weighted Average Grant Date Fair Value Non-vested at January 1, 2021 22,304 $ 12.46 Granted 26,700 12.89 Vested ( 22,304 ) 12.46 Forfeited - - Non-vested at September 30, 2021 26,700 $ 12.89 Number of Shares Awarded Weighted Average Grant Date Fair Value Non-vested at January 1, 2020 81,278 $ 11.96 Granted - - Vested ( 25,232 ) 12.40 Forfeited ( 2,332 ) 11.97 Non-vested at September 30, 2020 53,714 $ 11.78 Expected future expenses relating to the non-vested restricted shares outstanding as of September 30, 2021 was approximately $ 270,000 over a weighted average period of 3.34 years . The following tables present a summary of the status of the Company’s outstanding stock option awards as of September 30, 2021 and 2020. Number of Option Shares Range of Exercise Prices Weighted Average Exercise Price Outstanding at January 1, 2021 1,192,348 $ 8.93 - 13.32 $ 11.45 Options granted 72,800 12.89 - 13.68 12.96 Options exercised ( 67,623 ) 8.93 - 12.46 9.83 Options forfeited - - - Options expired - - - Outstanding at September 30, 2021 1,197,525 $ 9.03 - 13.68 $ 11.64 As of September 30, 2021, stock options which were granted and were exercisable totaled 854,725 stock options. It is Company policy to issue new shares upon share option exercise. Expected future compensation expense relating to the 342,800 shares of unvested options outstanding as of September 30, 2021 was $ 620,000 over a weighted average period of 4.66 years. Number of Option Shares Range of Exercise Prices Weighted Average Exercise Price Outstanding at January 1, 2020 1,200,975 $ 8.93 - 13.32 $ 11.45 Options granted - - - Options exercised ( 500 ) 10.55 10.55 Options forfeited ( 8,127 ) 11.26 - 12.46 11.68 Options expired - - - Outstanding at September 30, 2020 1,192,348 $ 8.93 - 13.32 $ 11.45 As of September 30, 2020, stock options which were granted and were exercisable totaled 660,736 stock options.

Net Income per Common Share

Net Income per Common Share	9 Months Ended
	Sep. 30, 2021
Net Income per Common Share [Abstract]
Net Income per Common Share	Note 5 – Net Income per Common Share Basic net income per common share is computed by dividing net income less dividends on preferred stock by the weighted average number of shares of common stock outstanding. The diluted net income per common share is computed by adjusting the weighted average number of shares of common stock outstanding to include the effects of outstanding stock options, if dilutive, using the treasury stock method. Dilution is not applicable in periods of net loss. For the three and nine months ended September 30, 2021 and 2020, the difference in the weighted average number of basic and diluted common shares was due solely to the effects of outstanding stock options. No adjustments to net income were necessary in calculating basic and diluted net income per share. For the three months ended September 30, 2021 and 2020, the weighted average number of outstanding options considered to be anti-dilutive were 1,144 and 0 , respectively. For the nine months ended September 30, 2021 and 2020, the weighted average number of outstanding options considered to be anti-dilutive were 7,015 and 0 , respectively. The following is a reconciliation of the numerators and denominators of the basic and diluted earnings per share computations: For the Three Months Ended September 30, 2021 2020 Income Shares Per Share Income Shares Per Share (Numerator) (Denominator) Amount (Numerator) (Denominator) Amount (In Thousands, except per share data) Net income available to common stockholders $ 8,036 $ 7,980 Basic earnings per share: Income available to common stockholders $ 8,036 17,019 $ 0.47 $ 7,980 17,069 $ 0.47 Effect of dilutive securities: Stock options - 203 - - Diluted earnings per share: Income available to common stockholders $ 8,036 17,222 $ 0.47 $ 7,980 17,069 $ 0.47 For the Nine Months Ended September 30, 2021 2020 Income Shares Per Share Income Shares Per Share (Numerator) (Denominator) Amount (Numerator) (Denominator) Amount (In Thousands, except per share data) Net income available to common stockholders $ 22,637 $ 12,545 Basic earnings per share: Income available to common stockholders $ 22,637 17,085 $ 1.33 $ 12,545 17,250 $ 0.73 Effect of dilutive securities: Stock options - 157 - 18 Diluted earnings per share: Income available to common stockholders $ 22,637 17,242 $ 1.31 $ 12,545 17,268 $ 0.73

Securities

Securities	9 Months Ended
	Sep. 30, 2021
Securities [Abstract]
Securities	Note 6 - Securities Equity Securities Equity securities are defined to include (a) preferred, common and other ownership interests in entities including partnerships, joint ventures and limited liability companies and (b) rights to acquire or dispose of ownership interest in entities at fixed or determinable prices. The following is a summary of unrealized and realized gains and losses recognized in net income on equity securities during the three and nine months ended September 30, 2021 and 2020: For the three months ended September 30, For the nine months ended September 30, (In Thousands) 2021 2020 2021 2020 Net (losses) gains recognized during the period on equity securities $ ( 307 ) $ 778 $ ( 4 ) $ 780 Less: Net gains recognized during the period on equity securities sold during the period - - - 40 Realized and unrealized (losses) gains on equity investments still held at the reporting date $ ( 307 ) $ 778 $ ( 4 ) $ 820 Note 6 - Securities (continued) Debt Securities Available for Sale The following tables present by maturity the amortized cost, gross unrealized gains and losses on, and fair value of, securities available for sale as of September 30, 2021 and December 31, 2020: September 30, 2021 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value (In Thousands) Residential Mortgage-backed securities: Less than one year $ 2,974 $ - $ 103 $ 2,871 More than one to five years 81 - - 81 More than five to ten years 5,045 153 19 5,179 More than ten years 26,196 523 258 26,461 34,296 676 380 34,592 Corporate Debt securities: More than five to ten years 41,506 2,525 271 43,760 Municipal obligations: More than ten years 4,131 120 - 4,251 Total securities $ 79,933 $ 3,321 $ 651 $ 82,603 December 31, 2020 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value (In Thousands) Residential Mortgage-backed securities: More than one to five years $ 3,208 $ 10 $ 67 $ 3,151 More than five to ten years 4,799 163 - 4,962 More than ten years 40,531 741 60 41,212 Sub-total: 48,538 914 127 49,325 Corporate Debt securities: More than five to ten years 32,279 1,719 13 33,985 Sub-total: 32,279 1,719 13 33,985 Municipal obligations: Due within one year 12,048 - - 12,048 Due after ten years 4,209 189 - 4,398 Sub-total: 16,257 189 - 16,446 Total Debt Securities Available $ 97,074 $ 2,822 $ 140 $ 99,756 Note 6 - Securities (continued) The unrealized losses, categorized by the length of time of continuous loss position, and fair value of related securities available for sale were as follows: 12 Months or Less More than 12 Months Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (In Thousands) September 30, 2021 Residential mortgage-backed securities $ 8,073 $ 196 $ 3,570 $ 184 $ 11,643 $ 380 Corporate Debt securities 5,954 271 - - 5,954 271 $ 14,027 $ 467 $ 3,570 $ 184 $ 17,597 $ 651 December 31, 2020 Residential mortgage-backed securities $ 6,126 $ 60 $ 1,278 $ 67 $ 7,404 $ 127 Corporate Debt Securities 5,487 13 - - 5,487 13 $ 11,613 $ 73 $ 1,278 $ 67 $ 12,891 $ 140 Management evaluates securities for other-than-temporary impairment (“OTTI”) at least on a quarterly basis, and more frequently when economic or market conditions warrant such evaluation. Consideration is given to (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) whether the Company intends to sell the security or more likely than not will be required to sell the security before its anticipated recovery. At September 30, 2021 and December 31, 2020, management performed an assessment for possible OTTI of the Company’s residential mortgage-backed securities and corporate debt on an issue-by-issue basis, relying on information obtained from various sources, including publicly available financial data, ratings by external agencies, brokers and other sources. The extent of individual analysis applied to each security depended on the size of the Company’s investment, as well as management’s perception of the credit risk associated with each security. Based on the results of the assessment, management believes impairment of these securities, at September 30, 2021 and December 31, 2020, to be temporary.

Loans Receivable and Allowance

Loans Receivable and Allowance for Loan Losses	9 Months Ended
	Sep. 30, 2021
Loans Receivable and Allowance for Loan Losses [Abstract]
Loans Receivable and Allowance for Loan Losses	Note 7 - Loans Receivable and Allowance for Loan Losses The following tables present the recorded investment in loans receivable as of September 30, 2021 and December 31, 2020 by segment and class: September 30, 2021 December 31, 2020 (In Thousands) Residential one-to-four family $ 224,330 $ 244,369 Commercial and multi-family 1,739,976 1,690,836 Construction 149,076 155,967 Commercial business (1) 161,416 184,357 Home equity (2) 52,109 53,667 Consumer 2,730 822 2,329,637 2,330,018 Less: Deferred loan fees, net ( 1,627 ) ( 1,358 ) Allowance for loan losses ( 38,156 ) ( 33,639 ) Sub-total ( 39,783 ) ( 34,997 ) Total Loans, net $ 2,289,854 $ 2,295,021 (1) Includes business lines of credit. (2) Includes home equity lines of credit. Note 7 – Loans Receivable and Allowance for Loan Losses (Continued) Allowance for Loan Losses The allowance for loan loss is evaluated regularly by management and reflects consideration of all significant factors that affect the collectability of the loan portfolio. The Company’s methodology for assessing the adequacy of the allowance for loan losses consists of several key elements. These elements include a general allocated reserve for performing loans, a specific reserve for impaired loans and an unallocated portion. The Company consistently applies the following comprehensive methodology. During the quarterly review of the allowance for loan losses, the Company considers a variety of qualitative factors that include:  Lending Policies and Procedures  Personnel responsible for the particular portfolio - relative to experience and ability of staff  Trend for past due, criticized and classified loans  Relevant economic factors  Quality of the loan review system  Value of collateral for collateral dependent loans  The effect of any concentrations of credit and the changes in the level of such concentrations  Other external factors The methodology includes the segregation of the loan portfolio into two divisions. Loans that are performing and loans that are impaired. Loans which are performing are evaluated by loan class or loan type. The allowance for performing loans is evaluated based on historical loan loss experience with an adjustment for qualitative factors referred to above. Impaired loans are loans which are more than 90 days delinquent, troubled debt restructured, or adversely classified. These loans are individually evaluated for loan loss either by current appraisal, or net present value. Management reviews the overall estimate for feasibility and establishes the loan loss provision accordingly. Loan categories for specific business types were stressed due to rising delinquencies within those market sectors (hospitality, restaurants, office space, and commercial condos) to determine the potential for collateral shortfalls. The loan portfolio is segmented into the following loan segments, where the risk level for each class is analyzed when determining the allowance for loan losses: Residential one-to-four family real estate loans involve certain risks such as interest rate risk and risk of non-repayment. Adjustable-rate residential real estate loans decrease the interest rate risk to the Bank that is associated with changes in interest rates but involve other risks, primarily because as interest rates rise, the payment by the borrower rises to the extent permitted by the terms of the loan, thereby increasing the potential for default. At the same time, the marketability of the underlying properties may be adversely affected by higher interest rates. Repayment risk may be affected by a number of factors including, but not necessarily limited to, job loss, divorce, illness and personal bankruptcy of the borrower. Commercial and multi-family real estate lending entails additional risks as compared with residential family property lending. Such loans typically involve large loan balances to single borrowers or groups of related borrowers. The payment experience on such loans is typically dependent on the successful operation of the real estate project. The success of such projects is sensitive to changes in supply and demand conditions in the market for commercial real estate as well as economic conditions generally. Construction lending is generally considered to involve a high risk due to the concentration of principal in a limited number of loans and borrowers and the effects of the general economic conditions on developers and builders. Moreover, a construction loan can involve additional risks because of the inherent difficulty in estimating both a property’s value at completion of the project and the estimated cost (including interest) of the project. The nature of these loans is such that they are generally difficult to evaluate and monitor. In addition, speculative construction loans to a builder are not necessarily pre-sold and thus pose a greater potential risk to the Bank than construction loans to individuals on their personal residence. Commercial business lending, including lines of credit, is generally considered higher risk due to the concentration of principal in a limited number of loans and borrowers and the effects of general economic conditions on the business. Commercial business loans are primarily secured by inventories and other business assets. In many cases, any repossessed collateral for a defaulted commercial business loans will not provide an adequate source of repayment of the outstanding loan balance. Home equity lending entails certain risks such as interest rate risk and risk of non-repayment. The marketability of the underlying property may be adversely affected by higher interest rates, decreasing the collateral value securing the loan. Repayment risk can be affected by job loss, divorce, illness and personal bankruptcy of the borrower. Home equity line of credit lending entails securing an equity interest in the borrower’s home. In many cases, the Bank’s position in these loans is as a junior lien holder to another institution’s superior lien. This type of lending is often priced on an adjustable rate basis with the rate set at or above a predefined index. Adjustable-rate loans decrease the interest rate risk to the Bank that is associated with changes in interest rates but involve other risks, primarily because as interest rates rise, the payment by the borrower rises to the extent permitted by the terms of the loan, thereby increasing the potential for default. Consumer loans generally have more credit risk because of the type and nature of the collateral and, in certain cases, the absence of collateral. Consumer loans generally have shorter terms and higher interest rates than other lending. In addition, consumer lending collections are dependent on the borrower’s continuing financial stability, and thus are more likely to be adversely affected by job loss, divorce, illness, and personal bankruptcy. In many cases, any repossessed collateral for a defaulted consumer loan will not provide an adequate source of repayment of the outstanding loan. An unallocated component is maintained to cover uncertainties that could affect management’s estimates of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in underlying assumptions used in the methodologies for estimating allocated and general reserves in the portfolio. Note 7 - Loans Receivable and Allowance for Loan Losses (Continued) The following table sets forth the activity in the Company’s allowance for loan losses for the three and nine months ended September 30, 2021, and the related portion of the allowances for loan losses that is allocated to each loan class, as of September 30, 2021 (in thousands): Residential Commercial & Multi-family Construction Commercial Business (1) Home Equity (2) Consumer Unallocated Total Allowance for loan losses: Beginning Balance, June 30, 2021 $ 2,911 $ 24,438 $ 2,341 $ 6,852 $ 294 $ 3 $ 633 $ 37,472 Charge-offs: - - - - - - - - Recovery: - - - 1 3 - - 4 Provisions: ( 75 ) 370 ( 307 ) 879 19 20 ( 226 ) 680 Ending Balance, September 30, 2021: 2,836 24,808 2,034 7,732 316 23 407 38,156 Ending Balance attributable to loans: Individually evaluated for impairment 276 1,469 150 5,770 16 - - 7,681 Collectively evaluated for impairment 2,560 23,339 1,884 1,962 300 23 407 30,475 Ending Balance, September 30, 2021 2,836 24,808 2,034 7,732 316 23 407 38,156 Loans Receivables: Individually evaluated for impairment 5,104 39,356 2,787 10,343 1,273 - - 58,863 Collectively evaluated for impairment 219,226 1,700,620 146,289 151,073 50,836 2,730 - 2,270,774 Total Gross Loans: $ 224,330 $ 1,739,976 $ 149,076 $ 161,416 $ 52,109 $ 2,730 $ - $ 2,329,637 _____________________________ (1) Includes business lines of credit. (2) Includes home equity lines of credit. Residential Commercial & Multi-family Construction Commercial Business (1) Home Equity (2) Consumer Unallocated Total Allowance for loan losses: Beginning Balance, January 1, 2021 $ 3,293 $ 21,772 $ 1,977 $ 6,306 $ 286 $ - $ 5 $ 33,639 Charge-offs: ( 60 ) - - ( 103 ) - ( 198 ) - ( 361 ) Recovery: 27 - - 2 - 9 - 38 Provisions: ( 424 ) 3,036 57 1,527 30 212 402 4,840 Ending Balance, September 30, 2021 $ 2,836 $ 24,808 $ 2,034 $ 7,732 $ 316 $ 23 $ 407 $ 38,156 _____________________________ (1) Includes business lines of credit. (2) Includes home equity lines of credit. Note 7 - Loans Receivable and Allowance for Loan Losses (Continued) The following table sets forth the activity in the Company’s allowance for loan losses for the three and nine months ended September 30, 2020 (in thousands): Residential Commercial & Multi-family Construction Commercial Business (1) Home Equity (2) Consumer Unallocated Total Allowance for loan losses: Beginning Balance, June 30, 2020 $ 3,076 $ 16,942 $ 1,334 $ 4,311 $ 684 - $ 6 $ 2,489 $ 28,842 Recovery: - - - 190 2 - - 192 Provisions: 58 1,731 395 2,891 ( 63 ) 6 ( 2,292 ) 2,726 Ending Balance September 30, 2020 $ 3,134 $ 18,673 $ 1,729 $ 7,392 $ 623 $ 12 $ 197 $ 31,760 Ending Balance attributable to loans: Individually evaluated for impairment $ 385 $ 313 $ - $ 3,128 $ 27 $ - $ - $ 3,853 Collectively evaluated for impairment 2,749 18,360 1,729 4,264 596 12 197 27,907 Ending Balance September 30, 2020 $ 3,134 $ 18,673 $ 1,729 $ 7,392 $ 623 $ 12 $ 197 $ 31,760 Loans Receivables: Individually evaluated for impairment $ 8,533 $ 13,980 $ - $ 7,163 $ 1,642 $ - $ - $ 31,318 Collectively evaluated for impairment 233,263 1,663,688 134,769 304,041 59,331 770 - 2,395,862 Total Gross Loans: $ 241,796 $ 1,677,668 $ 134,769 $ 311,204 $ 60,973 $ 770 $ - $ 2,427,180 _____________________________ (1) Includes business lines of credit. (2) Includes home equity lines of credit. Residential Commercial & Multi-family Construction Commercial Business (1) Home Equity (2) Consumer Unallocated Total Allowance for loan losses: Beginning Balance, January 1, 2020 $ 2,722 $ 15,372 $ 1,244 $ 3,790 $ 333 $ - $ 273 $ 23,734 Charge-offs: ( 4 ) - - - - - - ( 4 ) Recovery: - - - 492 8 4 - 504 Provisions: 416 3,301 485 3,110 282 8 ( 76 ) 7,526 Ending Balance, September 30, 2020 $ 3,134 $ 18,673 $ 1,729 $ 7,392 $ 623 $ 12 $ 197 $ 31,760 _____________________________ (1) Includes business lines of credit. (2) Includes home equity lines of credit. The following table sets forth the amount recorded in loans receivable at December 31, 2020. The table also details the amount of total loans receivable that are evaluated individually, and collectively, for impairment and the related portion of the allowance for loan losses that is allocated to each loan class (in thousands): Residential Commercial & Multi-family Construction Commercial Business (1) Home Equity (2) Consumer Unallocated Total Allowance for credit losses: Ending Balance attributable to loans: Individually evaluated for impairment $ 416 $ 378 $ - $ 3,640 $ 27 $ - $ - $ 4,461 Collectively evaluated for impairment 2,877 21,394 1,977 2,666 259 - 5 29,178 Ending Balance, December 31, 2020 $ 3,293 $ 21,772 $ 1,977 $ 6,306 $ 286 $ - $ 5 $ 33,639 Loans Receivables: - Individually evaluated for impairment $ 7,281 $ 61,854 $ - $ 12,492 $ 1,574 $ - $ - $ 83,201 Collectively evaluated for impairment 237,088 1,628,982 155,967 171,865 52,093 822 - 2,246,817 Total Gross Loans: $ 244,369 $ 1,690,836 $ 155,967 $ 184,357 $ 53,667 $ 822 $ - $ 2,330,018 (1) Includes business lines of credit. (2) Includes home equity lines of credit. Note 7 - Loans Receivable and Allowance for Loan Losses (Continued) The following table summarizes the average recorded investment and interest income recognized on impaired loans with no related allowance recorded by portfolio class for the three and nine months ended September 30, 2021 and 2020 (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2021 2021 2020 2020 2021 2021 2020 2020 Average Interest Average Interest Average Interest Average Interest Recorded Income Recorded Income Recorded Income Recorded Income Investment Recognized Investment Recognized Investment Recognized Investment Recognized Loans with no related allowance recorded: Residential one-to-four family $ 3,050 $ 37 $ 4,664 $ 16 $ 2,973 $ 108 $ 4,652 $ 120 Commercial and Multi-family 29,742 271 10,632 36 30,614 830 9,974 234 Construction - - - - 929 36 - - Commercial business (1) 2,465 65 4,380 53 3,143 104 3,541 208 Home equity (2) 938 12 1,204 6 1,048 35 1,091 25 Consumer - - - - - - - - Total Impaired Loans with no allowance recorded: $ 36,195 $ 385 $ 20,880 $ 111 $ 38,707 $ 1,113 $ 19,258 $ 587 Loans with an allowance recorded: Residential one-to-four family $ 2,110 $ 66 $ 3,720 $ 3 $ 2,302 $ 165 $ 3,714 $ 50 Commercial and Multi-family 10,942 100 1,221 - 11,204 331 1,225 20 Construction 2,787 3 - - 1,858 6 - - Commercial business (1) 8,197 24 2,830 82 8,388 141 2,420 140 Home equity (2) 340 - 431 2 368 2 440 8 Consumer - - - - - - - - Total Impaired Loans with an allowance recorded: $ 24,376 $ 193 $ 8,202 $ 87 $ 24,120 $ 645 $ 7,799 $ 218 Total Impaired Loans: $ 60,571 $ 578 $ 29,082 $ 198 $ 62,827 $ 1,758 $ 27,057 $ 805 __________ (1) Includes business lines of credit. (2) Includes home equity lines of credit. The following table summarizes the recorded investment by portfolio class at September 30, 2021 and December 31, 2020. (in thousands): As of September 30, 2021 As of December 31, 2020 Recorded Unpaid Principal Related Recorded Unpaid Principal Related Investment Balance Allowance Investment Balance Allowance Loans with no related allowance recorded: Residential one-to-four family $ 2,998 $ 3,343 $ - $ 4,084 $ 4,660 $ - Commercial and multi-family 28,438 29,892 - 57,558 58,739 - Construction - - - - - - Commercial business (1) 1,869 6,473 - 5,844 17,687 - Home equity (2) 934 936 - 1,124 1,126 - Total Impaired Loans with no related allowance recorded: $ 34,239 $ 40,644 $ - $ 68,610 $ 82,212 $ - Loans with an allowance recorded: Residential one-to-four family $ 2,106 $ 2,134 $ 276 $ 3,197 $ 3,252 $ 416 Commercial and Multi-family 10,918 14,551 1,469 4,296 4,501 378 Construction 2,787 2,787 150 - - - Commercial business (1) 8,474 21,284 5,770 6,648 12,511 3,640 Home equity (2) 339 339 16 450 458 27 Total Impaired Loans with an allowance recorded: $ 24,624 $ 41,095 $ 7,681 $ 14,591 $ 20,722 $ 4,461 Total Impaired Loans: $ 58,863 $ 81,739 $ 7,681 $ 83,201 $ 102,934 $ 4,461 __________ (1) Includes business lines of credit. (2) Includes home equity lines of credit. Note 7 - Loans Receivable and Allowance for Loan Losses (Continued) A troubled debt restructured loan (“TDR”) is a loan that has been modified whereby the Company has agreed to make certain concessions to a borrower to meet the needs of both the borrower and the Company to maximize the ultimate recovery of a loan. A TDR occurs when a borrower is experiencing, or is expected to experience, financial difficulties and the loan is modified using a concession that would otherwise not be granted to the borrower. Pursuant to the CARES Act, a loan that was current at December 31, 2019 and modified due to the COVID-19 pandemic is not considered a TDR. The types of concessions granted generally include, but are not limited to, interest rate reductions, limitations on the accrued interest charged, term extensions, and deferment of principal. All TDRs were considered impaired and therefore were individually evaluated for impairment in the calculation of the allowance for loan losses. Prior to their classification as TDRs, certain of these loans had been collectively evaluated for impairment in the calculation of the allowance for loan losses. At September 30, 2021 At December 31, 2020 (In thousands) Recorded investment in TDRs: Accrual status $ 12,568 $ 13,760 Non-accrual status 3,823 2,303 Total recorded investment in TDRs $ 16,391 $ 16,063 The Company originated one TDR loan totaling $ 168,102 and five new TDR loans totaling $ 458,181 for the three months ended September 30, 2021 and September 30, 2020, respectively. For the three months ended September 30, 2021 and September 30, 2020, TDRs, for which there was a payment default within twelve months of restructuring, totaled $ 232,072 for one loan and $ 602,274 for two loans respectively. The following table sets forth the delinquency status of total loans receivable as of September 30, 2021: Loans Receivable 30-59 Days 60-90 Days Greater Than Total Past Total Loans >90 Days Past Due Past Due 90 Days Due Current Receivable and Accruing (In Thousands) Residential one-to-four family $ 463 $ - $ 152 $ 615 $ 223,715 $ 224,330 $ - Commercial and multi-family 2,992 - 6,047 9,039 1,730,937 1,739,976 651 Construction - - 2,787 2,787 146,289 149,076 - Commercial business (1) 723 434 3,352 4,509 156,907 161,416 - Home equity (2) 32 - 33 65 52,044 52,109 - Consumer - - - - 2,730 2,730 - Total $ 4,210 $ 434 $ 12,371 $ 17,015 $ 2,312,622 $ 2,329,637 $ 651 _________ (1) Includes business lines of credit. (2) Includes home equity lines of credit. The following table sets forth the delinquency status of total loans receivable at December 31, 2020: Loans Receivable 30-59 Days 60-90 Days Greater Than Total Past Total Loans >90 Days Past Due Past Due 90 Days Due Current Receivable and Accruing (In Thousands) Originated loans: Residential one-to-four family $ 507 $ 266 $ 664 $ 1,437 $ 242,932 $ 244,369 $ 125 Commercial and multi-family 15,910 2,996 1,334 20,240 1,670,596 1,690,836 - Construction - - - - 155,967 155,967 - Commercial business (1) 3,889 904 3,354 8,147 176,210 184,357 133 Home equity (2) 541 12 502 1,055 52,612 53,667 75 Consumer - - - - 822 822 - Total $ 20,847 $ 4,178 $ 5,854 $ 30,879 $ 2,299,139 $ 2,330,018 $ 333 (1) Includes business lines of credit. (2) Includes home equity lines of credit. Note 7 - Loans Receivable and Allowance for Loan Losses (Continued) The table below sets forth the amounts and types of non-accrual loans in the Bank’s loan portfolio at September 30, 2021 and December 31, 2020, respectively. Loans are placed on non-accrual status when they become more than 90 days delinquent, or when the collection of principal and/or interest become doubtful. As of September 30, 2021, and December 31, 2020, non-accrual loans differed from the amount of total loans past due greater than 90 days due to loans which are maintained on non-accrual status for a minimum of six months until the borrower has demonstrated its ability to satisfy the terms of the loan. There were $ 9.5 million at September 30, 2021 and $ 11.9 million at December 31, 2020 in nonaccrual loans that were less than ninety days past due. Nonaccrual loans do not include loans acquired with deteriorated credit quality which were recorded at their fair value at acquisition and totaled $ 667,000 at September 30, 2021 and $ 1.1 million at December 31, 2020. As of September 30, 2021 As of December 31, 2020 (In Thousands) (In Thousands) Non-Accruing Loans: Residential one-to-four family $ 455 $ 1,736 Commercial and multi-family 13,322 8,721 Construction 2,787 - Commercial business (1) 4,128 5,383 Home equity (2) 33 556 Total $ 20,725 $ 16,396 _________ (1) Includes business lines of credit. (2) Includes home equity lines of credit. Had non-accrual loans been performing in accordance with their original terms, the interest income recognized for the nine months ended September 30, 2021 and the twelve months ended December 31, 2020 would have been approximately $ 998,000 and $ 1.2 million, respectively. The Bank has not committed to lend additional funds to the borrowers whose loans have been placed on nonaccrual status. At September 30, 2021 and December 31, 2020, there were $ 651,000 and $ 333,000 , respectively, of loans which were more than ninety days past due and still accruing interest. Note 7 - Loans Receivable and Allowance for Loan Losses (Continued) Criticized and Classified Assets Company policies provide for a classification system for problem assets. Under this classification system, problem assets are classified as “substandard,” “doubtful,” or “loss.” When the Company classifies problem assets, the Company may establish general allowances for loan losses in an amount deemed prudent by management. General allowances represent loss allowances which have been established to recognize the inherent risk associated with lending activities, but which, unlike specific allowances, have not been allocated to particular problem assets. A portion of general loss allowances established to cover possible losses related to assets classified as substandard or doubtful may be included in determining our regulatory capital. Specific valuation allowances for loan losses generally do not qualify as regulatory capital. The loans classified as substandard are secured either by residential real estate, commercial real estate or heavy equipment. The loans that have been classified substandard were classified as such primarily due to payment status, because updated financial information has not been timely provided, or the collateral underlying the loan is in the process of being revalued. The Company’s internal credit risk grades are based on the definitions currently utilized by the banking regulatory agencies. The grades assigned and definitions are as follows, and loans graded excellent, above average, good and watch list (risk ratings 1-5) are treated as “pass” for grading purposes. The “criticized” risk rating (6) and the “classified” risk ratings (7-9) are detailed below: 6 – Special Mention- Loans currently performing but with potential weaknesses including adverse trends in borrower’s operations, credit quality, financial strength, or possible collateral deficiency. 7 – Substandard - Loans that are inadequately protected by current sound worth, paying capacity, and collateral support. Loans on “nonaccrual” status. The loan needs special and corrective attention. 8 – Doubtful - Weaknesses in credit quality and collateral support make full collection improbable, but pending reasonable factors remain sufficient to defer the loss status. 9 – Loss - Continuance as a bankable asset is not warranted. However, this does not preclude future attempts at partial recovery. The following table presents the loan portfolio types summarized by the aggregate pass rating and the classified ratings of special mention and substandard within the Company’s internal risk rating system as of September 30, 2021 (in thousands). As of September 30, 2021, the Company had no loans with the classified rating of doubtful or loss. Pass Special Mention Substandard Total Residential one-to-four family $ 223,275 $ 511 $ 544 $ 224,330 Commercial and multi-family 1,661,477 43,551 34,948 1,739,976 Construction 146,289 - 2,787 149,076 Commercial business (1) 146,549 4,844 10,023 161,416 Home equity (2) 51,802 62 245 52,109 Consumer 2,730 - - 2,730 Total Gross Loans $ 2,232,122 $ 48,968 $ 48,547 $ 2,329,637 _________ (1) Includes business lines of credit and PPP loans. (2) Includes home equity lines of credit. The following table presents the loan portfolio types summarized by the aggregate pass rating and the classified ratings of special mention and substandard within the Company’s internal risk rating system as of December 31, 2020 (In thousands). As of December 31, 2020, the Company had no loans with the classified rating of doubtful or loss. Pass Special Mention Substandard Total Residential one-to-four family $ 241,237 $ 1,087 $ 2,045 $ 244,369 Commercial and multi-family 1,631,838 2,152 56,846 1,690,836 Construction 155,967 - - 155,967 Commercial business (1) 173,833 1,497 9,027 184,357 Home equity (2) 53,005 - 662 53,667 Consumer 822 - - 822 Total Gross Loans $ 2,256,702 $ 4,736 $ 68,580 $ 2,330,018 ________ (1) Includes business lines of credit. (2) Includes home equity lines of credit.

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2021
Stockholders' Equity [Abstract]
Stockholders' Equity	Note 8 – Stockholders’ Equity On December 15, 2020, the Company closed a private placement of its Series H 3.5 % Noncumulative Perpetual Preferred Stock, resulting in gross proceeds of $ 2.2 million for 225 shares. On September 1, 2020, the Company closed a private placement of its Series H 3.5 % Noncumulative Perpetual Preferred Stock, resulting in gross proceeds of $ 5.9 million for 590 shares. On August 31, 2020, the Company redeemed all 6,465 outstanding shares of its Series F 6.0 % Noncumulative Perpetual Preferred Stock, at their face value of $ 1,000 per share, for a total redemption amount of $ 6.5 million. On August 10, 2020, the Company redeemed all 388 outstanding shares of its Series C 6.0 % Noncumulative Perpetual Preferred Stock, at their face value of $ 10,000 per share, for a total redemption amount of $ 3.9 million. On July 13, 2020, the Company closed a private placement of its Series H 3.5 % Noncumulative Perpetual Preferred Stock, resulting in gross proceeds of $ 3.1 million for 308 shares, effective June 29, 2020.

Bank Owned Life Insurance

Bank Owned Life Insurance	9 Months Ended
	Sep. 30, 2021
Bank Owned Life Insurance [Abstract]
Bank Owned Life Insurance	Note 9 – Bank Owned Life Insurance The Bank purchased $ 60 million of bank owned life insurance (“BOLI”) in August, 2020 and an additional $ 8.5 million in January, 2021. BOLI involves life insurance purchased by the Bank on a chosen group of employees, and the Bank is owner and beneficiary of the policies. At September 30, 2021, the Bank had $ 71.7 million in BOLI. BOLI is accounted for using the cash surrender value method and is recorded at its net realizable value.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	9 Months Ended
	Sep. 30, 2021
Goodwill and Other Intangible Assets [Abstract]
Goodwill and Other Intangible Assets	Note 10 – Goodwill and Other Intangible Assets The Company’s intangible assets consist of goodwill and core deposit intangibles in connection with the acquisition of IA Bancorp, Inc. as of April 17, 2018. The initial recording of goodwill and other intangible assets requires subjective judgments concerning estimates of the fair value of the acquired assets and assumed liabilities. Goodwill is not amortized but is subject to annual tests for impairment or more often if events or circumstances indicate it may be impaired. The Company’s core deposit intangibles are amortized on an accelerated basis using an estimated life of 10 years and in accordance with U.S. GAAP are evaluated annually for impairment. An impairment loss will be recognized if the carrying amount of the intangible asset is not recoverable and exceeds fair value. The carrying amount of the intangible asset is not considered recoverable if it exceeds the sum of the undiscounted cash flows expected to result from the use of the asset. The Company believes that the fair values of our goodwill and other intangible assets were in excess of their carrying amounts and there was no impairment at September 30, 2021. Amortization expense of the core deposit intangibles was $ 14,000 and $ 43,000 for the three and nine months ended September 30, 2021, respectively, and $ 16,000 and $ 49,000 for the three and nine months ended September 30, 2020, respectively. The unamortized balance of the core deposit intangibles and the amount of goodwill at September 30, 2021 was $ 191,000 and $ 5.3 million, respectively, and at September 30, 2020 was $ 250,000 and $ 5.2 million, respectively.

Fair Values of Financial Instru

Fair Values of Financial Instruments	9 Months Ended
	Sep. 30, 2021
Fair Values of Financial Instruments [Abstract]
Fair Values of Financial Instruments	Note 11 – Fair Values of Financial Instruments Guidance on fair value measurements establishes a fair value hierarchy that prioritizes the inputs to valuation methods used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets and liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy are as follows: Level 1 : Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. Level 2 : Quoted prices in markets that are not active, or inputs that are observable either directly or indirectly, for substantially the full term of the asset or liability. Level 3 : Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e. supported with little or no market activity). An asset or liability’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The only assets or liabilities that the Company measured at fair value on a recurring basis were as follows. (In thousands): (Level 1) (Level 2) Quoted Prices in Significant (Level 3) Active Markets Other Significant for Identical Observable Unobservable Description Total Assets Inputs Inputs As of September 30, 2021: Securities Debt Securities Available for Sale $ 82,603 $ - $ 82,603 $ - Marketable Equities $ 23,534 $ 23,534 $ - $ - Total Securities $ 106,137 $ 23,534 $ 82,603 $ - As of December 31, 2020: Securities Debt Securities Available for Sale $ 99,756 $ - $ 99,756 $ - Marketable Equities $ 17,717 $ 17,717 $ - $ - Total Securities $ 117,473 $ 17,717 $ 99,756 $ - The Company’s policy is to recognize transfers between levels as of the actual date of the event or change in circumstances that caused the transfer. There were no transfers of assets or liabilities into or out of Level 1, Level 2, or Level 3 of the fair value hierarchy during the three months ended September 30, 2021 and 2020. The only assets or liabilities that the Company measured at fair value on a nonrecurring basis were as follows. (In thousands): (Level 1) (Level 2) Quoted Prices in Significant (Level 3) Active Markets Other Significant for Identical Observable Unobservable Description Total Assets Inputs Inputs As of September 30, 2021 Impaired Loans $ 16,943 $ - $ - $ 16,943 Other real estate owned $ - $ - $ - $ - As of December 31, 2020: Impaired Loans $ 10,130 $ - $ - $ 10,130 Other real estate owned $ 414 $ - $ - $ 414 Note 11 – Fair Values of Financial Instruments (Continued) The following tables present additional quantitative information as of September 30, 2021 and December 31, 2020 about assets measured at fair value on a nonrecurring basis and for which the Company has utilized adjusted Level 3 inputs to determine fair value. (Dollars in thousands): Quantitative Information about Level 3 Fair Value Measurements Fair Value Valuation Unobservable Estimate Techniques Input Range September 30, 2021: Impaired Loans $ 16,943 Appraisal of collateral (1) Appraisal adjustments (2) 0 %- 10 % Other real estate owned $ - Appraisal of collateral (1) Appraisal adjustments (2) 0 %- 10 % Fair Value Valuation Unobservable Estimate Techniques Input Range December 31, 2020: Impaired Loans $ 10,130 Appraisal of collateral (1) Appraisal adjustments (2) 0 %- 10 % Other real estate owned $ 414 Appraisal of collateral (1) Appraisal adjustments (2) 0 %- 10 % (1) Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various level 3 inputs which are not objectively determinable. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal. The following information should not be interpreted as an estimate of the fair value of the entire Company since a fair value calculation is only provided for a limited portion of the Company’s assets and liabilities. Due to a wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between the Company’s disclosures and those of other companies may not be meaningful. The following methods and assumptions were used to estimate the fair values of the Company’s financial instruments as of September 30, 2021 and December 31, 2020. Cash and Cash Equivalents and Interest-Earning Time Deposits (Carried at Cost) The carrying amounts reported in the consolidated statements of financial condition for cash and short-term instruments approximate fair values. Securities Available for Sale The fair value of securities available for sale (carried at fair value) are determined by matrix pricing (Level 2), which is a mathematical technique used widely in the industry to value debt securities without relying exclusively on quoted market prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted prices. Equity Securities The fair values of available-for-sale securities are based on quoted market prices (Level 1). Loans Held for Sale (Carried at Lower of Cost or Fair Value) The fair value of loans held for sale is determined, when possible, using quoted secondary-market prices. If no such quoted prices exist, the fair value of a loan is determined using quoted prices for a similar loan or loans, adjusted for specific attributes of that loan. Loans held for sale are carried at the lower of cost or fair value. Loans Receivable (Carried at Cost) The fair values of loans, except for certain impaired loans, are estimated using discounted cash flow analyses, using market rates at the date of the Statement of Financial Condition that reflect the credit and interest rate-risk inherent in the loans. Projected future cash flows are calculated based upon contractual maturity or call dates, projected repayments and prepayments of principal. Generally, for variable rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values. Note 11 – Fair Values of Financial Instruments (Continued) Impaired Loans (Generally Carried at Fair Value) Impaired loans are those for which the Company has measured and recorded an impairment generally based on the fair value of the loan’s collateral, less estimated costs to sell. Fair value is generally determined based upon independent third-party appraisals of the properties, or discounted cash flows based upon the expected proceeds. These assets are included as Level 3 fair values, based upon the lowest level of input that is significant to the fair value measurements. The fair value at September 30, 2021 and December 31, 2020 consisted of the loan balances of $ 24.6 million net of a valuation allowance of $ 7.7 million and $ 14.6 million net of a valuation of loan allowance of $ 4.5 million, respectively. Other Real Estate Owned (Generally Carried at Lower of Cost or Fair Value) Real Estate Owned is generally carried at fair value less estimated costs to sell which is determined based upon independent third-party appraisals of the properties or based upon the expected proceeds from a pending sale. These assets are included as Level 3 fair values, based upon the lowest level of input that is significant to the fair value measurements. FHLB of New York Stock (Carried at Cost) The carrying amount of restricted investment in bank stock approximates fair value and considers the limited marketability of such securities. Interest Receivable and Payable (Carried at Cost) The carrying amount of interest receivable and interest payable approximates its fair value. Deposits (Carried at Cost) The fair values disclosed for demand deposits (e.g., interest and non-interest checking, passbook savings and money market accounts) are, by definition, equal to the amount payable on demand at the reporting date (i.e., their carrying amounts). Fair values for fixed-rate certificates of deposit are estimated using a discounted cash flow calculation that applies interest rates currently being offered in the market on certificates to a schedule of aggregated expected monthly maturities on time deposits. Borrowings and Subordinated Debt (Carried at Cost) Fair values are estimated using discounted cash flow analysis, based on quoted prices for new long-term debt with similar credit risk characteristics, terms and remaining maturity. Prices obtained from this active market represent a market value that is deemed to represent the transfer price if the liability were assumed by a third party. Off-Balance Sheet Financial Instruments (Carried at Cost) Fair values for the Company’s off-balance sheet financial instruments (lending commitments and unused lines of credit) are based on fees currently charged in the market to enter into similar agreements, taking into account, the remaining terms of the agreements and the counterparties’ credit standing. The fair value of these commitments was deemed immaterial and is not presented in the accompanying table. Note 11 – Fair Values of Financial Instruments (Continued) The carrying values and estimated fair values of financial instruments were as follows as of September 30, 2021 and December 31, 2020: As of September 30, 2021 Quoted Prices in Active Significant Significant Carrying Markets for Identical Assets Other Observable Inputs Unobservable Inputs Value Fair Value (Level 1) (Level 2) (Level 3) (In Thousands) Financial assets: Cash and cash equivalents $ 442,938 $ 442,938 $ 442,938 $ - $ - Interest-earning time deposits 735 735 - 735 - Debt securities available for sale 82,603 82,603 - 82,603 - Equity investments 23,534 23,534 23,534 - - Loans held for sale 913 913 - 913 - Loans receivable, net 2,289,854 2,237,471 - - 2,237,471 FHLB of New York stock, at cost 8,193 8,193 - 8,193 - Accrued interest receivable 10,388 10,388 - 10,388 - Financial liabilities: Deposits 2,541,405 2,429,607 1,750,043 679,564 - Borrowings 118,573 120,049 - 120,049 - Subordinated debentures 37,217 45,913 - 45,913 - Accrued interest payable 660 660 - 660 - As of December 31, 2020 Quoted Prices in Active Significant Significant Carrying Markets for Identical Assets Other Observable Inputs Unobservable Inputs Value Fair Value (Level 1) (Level 2) (Level 3) (In Thousands) Financial assets: Cash and cash equivalents $ 261,229 $ 261,229 $ 261,229 $ - $ - Interest-earning time deposits 735 735 - 735 - Debt securities available for sale 99,756 99,756 - 99,756 - Equity investments 17,717 17,717 17,717 - - Loans held for sale 3,530 3,530 - 3,530 - Loans receivable, net 2,295,021 2,309,118 - - 2,309,118 FHLB of New York stock, at cost 11,324 11,324 - 11,324 - Accrued interest receivable 12,924 12,924 - 12,924 - Other Real Estate Owned - - - - - Financial liabilities: Deposits 2,318,050 2,323,561 1,627,871 695,690 - Borrowings 191,161 194,899 - 194,899 - Subordinated debentures 37,042 37,252 - 37,252 - Accrued interest payable 1,463 1,463 - 1,463 -

Subordinated Debt

Subordinated Debt	9 Months Ended
	Sep. 30, 2021
Subordinated Debt [Abstract]
Subordinated Debt	Note 12 – Subordinated debt On July 30, 2018, the Company issued $ 33.5 million of fixed-to-floating rate subordinated debentures (the “Notes”) in a private placement. The Notes have a 10 -year term and bear interest at a fixed annual rate of 5.625 % for the first five years of the term (the "Fixed Interest Rate Period"). From and including August 1, 2023, the interest rate will adjust to a floating rate based on the three-month LIBOR plus 2.72 % until redemption or maturity (the "Floating Interest Rate Period"). The Notes are scheduled to mature on August 1, 2028. Subject to limited exceptions, the Company cannot redeem the Notes for the first five years of the term. The Company will pay interest in arrears semi-annually during the Fixed Interest Rate Period and quarterly during the Floating Interest Rate Period during the term of the Notes. The Notes constitute an unsecured and subordinated obligation of the Company and rank junior in right of payment to any senior indebtedness and obligations to general and secured creditors. The Notes qualify as Tier 2 capital for the Company for regulatory purposes, when applicable, and the portion that the Company contributes to the Bank will qualify as Tier 1 capital for the Bank. The additional capital will be used for general corporate purposes including organic growth initiatives. Subordinated debt includes associated deferred costs of $ 407,000 and $ 582,000 at September 30, 2021 and December 31, 2020, respectively. The Company also has $ 4,124,000 of mandatory redeemable trust preferred securities. The interest rate on these floating rate junior subordinated debentures adjusts quarterly, equal to the three-month LIBOR plus 2.65 %. As it is anticipated that LIBOR will be discontinued after 2021, the Company is reviewing the agreements for the above debentures to determine alternative reference rates and does not anticipate there will be a significant financial statement impact.

Lease Obligations

Lease Obligations	9 Months Ended
	Sep. 30, 2021
Lease Obligations [Abstract]
Lease Obligations	Note 13 – Lease Obligations The Company leases 28 of its offices under various operating lease agreements. The leases have remaining terms of one year to 12 years. The leases contain provisions for the payment by the Company of its pro-rata share of real estate taxes, insurance, common area maintenance and other variable expenses. The Company will allocate payments made under such leases between lease and non-lease components. Some leases contain renewal options and options to purchase the assets. The Company has elected not to recognize a lease liability and a right of use asset for leases with a lease term of 12 or fewer months. The following tables present certain information related to the Company’s leases (in thousands): Three Months Ended September 30, 2021 Three Months Ended September 30, 2020 Nine Months Ended September 30, 2021 Nine Months Ended September 30, 2020 Operating lease cost $ 917 $ 850 $ 2,801 $ 2,559 Variable lease cost-operating leases $ 236 $ 201 $ 726 $ 599 At September 30, 2021 At December 31, 2020 Supplemental balance sheet information related to leases: Operating Leases Operating lease right-of-use assets $ 13,245 $ 14,988 Current liabilities $ 3,375 $ 3,348 Operating lease liabilities (noncurrent portion) 11,315 13,298 Deferred expenses ( 1,157 ) ( 1,422 ) Total operating lease liabilities $ 13,533 $ 15,224 The weighted average remaining lease term for operating leases at September 30, 2021 and December 31, 2020 was 6.10 years and 6.57 years, respectively. The weighted average discount rate for operating leases at September 30, 2021 and December 31, 2020 was 2.60 percent and 2.67 percent, respectively. The following table summarizes the Company’s maturity of lease obligations for operating leases at September 30, 2021 and December 31, 2020 (in thousands): Maturities of lease liabilities: At September 30, 2021 At December 31, 2020 Operating Leases Operating Leases One year or less $ 3,375 $ 3,348 Over one year through three years 4,783 5,424 Over three years through five years 3,154 3,459 Over five years 3,378 4,415 Gross Operating Lease Liabilities $ 14,690 $ 16,646 Deferred Expenses ( 1,157 ) ( 1,422 ) Total Operating Lease Liabilities $ 13,533 $ 15,224

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2021
Subsequent Events [Abstract]
Subsequent Events	Note 14 – Subsequent Events On October 13, 2021 , the Board of Directors of the Company declared a cash dividend of $ 0.16 per share to shareholders of record of its common stock on November 1, 2021 with a payment date of November 15, 2021 .

Equity Incentive Plans (Tables)

Equity Incentive Plans (Tables)	9 Months Ended
	Sep. 30, 2021
Equity Incentive Plans [Abstract]
Summary of Status of Restricted Shares	Number of Shares Awarded Weighted Average Grant Date Fair Value Non-vested at January 1, 2021 22,304 $ 12.46 Granted 26,700 12.89 Vested ( 22,304 ) 12.46 Forfeited - - Non-vested at September 30, 2021 26,700 $ 12.89 Number of Shares Awarded Weighted Average Grant Date Fair Value Non-vested at January 1, 2020 81,278 $ 11.96 Granted - - Vested ( 25,232 ) 12.40 Forfeited ( 2,332 ) 11.97 Non-vested at September 30, 2020 53,714 $ 11.78
Summary of Stock Option Activity	The following tables present a summary of the status of the Company’s outstanding stock option awards as of September 30, 2021 and 2020. Number of Option Shares Range of Exercise Prices Weighted Average Exercise Price Outstanding at January 1, 2021 1,192,348 $ 8.93 - 13.32 $ 11.45 Options granted 72,800 12.89 - 13.68 12.96 Options exercised ( 67,623 ) 8.93 - 12.46 9.83 Options forfeited - - - Options expired - - - Outstanding at September 30, 2021 1,197,525 $ 9.03 - 13.68 $ 11.64 As of September 30, 2021, stock options which were granted and were exercisable totaled 854,725 stock options. It is Company policy to issue new shares upon share option exercise. Expected future compensation expense relating to the 342,800 shares of unvested options outstanding as of September 30, 2021 was $ 620,000 over a weighted average period of 4.66 years. Number of Option Shares Range of Exercise Prices Weighted Average Exercise Price Outstanding at January 1, 2020 1,200,975 $ 8.93 - 13.32 $ 11.45 Options granted - - - Options exercised ( 500 ) 10.55 10.55 Options forfeited ( 8,127 ) 11.26 - 12.46 11.68 Options expired - - - Outstanding at September 30, 2020 1,192,348 $ 8.93 - 13.32 $ 11.45 As of September 30, 2020, stock options which were granted and were exercisable totaled 660,736 stock options.

Net Income per Common Share (Ta

Net Income per Common Share (Tables)	9 Months Ended
	Sep. 30, 2021
Net Income per Common Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	For the Three Months Ended September 30, 2021 2020 Income Shares Per Share Income Shares Per Share (Numerator) (Denominator) Amount (Numerator) (Denominator) Amount (In Thousands, except per share data) Net income available to common stockholders $ 8,036 $ 7,980 Basic earnings per share: Income available to common stockholders $ 8,036 17,019 $ 0.47 $ 7,980 17,069 $ 0.47 Effect of dilutive securities: Stock options - 203 - - Diluted earnings per share: Income available to common stockholders $ 8,036 17,222 $ 0.47 $ 7,980 17,069 $ 0.47 For the Nine Months Ended September 30, 2021 2020 Income Shares Per Share Income Shares Per Share (Numerator) (Denominator) Amount (Numerator) (Denominator) Amount (In Thousands, except per share data) Net income available to common stockholders $ 22,637 $ 12,545 Basic earnings per share: Income available to common stockholders $ 22,637 17,085 $ 1.33 $ 12,545 17,250 $ 0.73 Effect of dilutive securities: Stock options - 157 - 18 Diluted earnings per share: Income available to common stockholders $ 22,637 17,242 $ 1.31 $ 12,545 17,268 $ 0.73

Securities (Tables)

Securities (Tables)	9 Months Ended
	Sep. 30, 2021
Securities [Abstract]
Summary of Disaggregated Net Losses on Equity Securities	For the three months ended September 30, For the nine months ended September 30, (In Thousands) 2021 2020 2021 2020 Net (losses) gains recognized during the period on equity securities $ ( 307 ) $ 778 $ ( 4 ) $ 780 Less: Net gains recognized during the period on equity securities sold during the period - - - 40 Realized and unrealized (losses) gains on equity investments still held at the reporting date $ ( 307 ) $ 778 $ ( 4 ) $ 820
Amortized Cost and Gross Unrealized Gains and Losses on Securities Available for Sale	September 30, 2021 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value (In Thousands) Residential Mortgage-backed securities: Less than one year $ 2,974 $ - $ 103 $ 2,871 More than one to five years 81 - - 81 More than five to ten years 5,045 153 19 5,179 More than ten years 26,196 523 258 26,461 34,296 676 380 34,592 Corporate Debt securities: More than five to ten years 41,506 2,525 271 43,760 Municipal obligations: More than ten years 4,131 120 - 4,251 Total securities $ 79,933 $ 3,321 $ 651 $ 82,603 December 31, 2020 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value (In Thousands) Residential Mortgage-backed securities: More than one to five years $ 3,208 $ 10 $ 67 $ 3,151 More than five to ten years 4,799 163 - 4,962 More than ten years 40,531 741 60 41,212 Sub-total: 48,538 914 127 49,325 Corporate Debt securities: More than five to ten years 32,279 1,719 13 33,985 Sub-total: 32,279 1,719 13 33,985 Municipal obligations: Due within one year 12,048 - - 12,048 Due after ten years 4,209 189 - 4,398 Sub-total: 16,257 189 - 16,446 Total Debt Securities Available $ 97,074 $ 2,822 $ 140 $ 99,756
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	12 Months or Less More than 12 Months Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (In Thousands) September 30, 2021 Residential mortgage-backed securities $ 8,073 $ 196 $ 3,570 $ 184 $ 11,643 $ 380 Corporate Debt securities 5,954 271 - - 5,954 271 $ 14,027 $ 467 $ 3,570 $ 184 $ 17,597 $ 651 December 31, 2020 Residential mortgage-backed securities $ 6,126 $ 60 $ 1,278 $ 67 $ 7,404 $ 127 Corporate Debt Securities 5,487 13 - - 5,487 13 $ 11,613 $ 73 $ 1,278 $ 67 $ 12,891 $ 140

Loans Receivable and Allowanc_2

Loans Receivable and Allowance for Loan Losses (Tables)	9 Months Ended
	Sep. 30, 2021
Loans Receivable and Allowance for Loan Losses [Abstract]
Recorded Investment in Loans Receivable	September 30, 2021 December 31, 2020 (In Thousands) Residential one-to-four family $ 224,330 $ 244,369 Commercial and multi-family 1,739,976 1,690,836 Construction 149,076 155,967 Commercial business (1) 161,416 184,357 Home equity (2) 52,109 53,667 Consumer 2,730 822 2,329,637 2,330,018 Less: Deferred loan fees, net ( 1,627 ) ( 1,358 ) Allowance for loan losses ( 38,156 ) ( 33,639 ) Sub-total ( 39,783 ) ( 34,997 ) Total Loans, net $ 2,289,854 $ 2,295,021 (1) Includes business lines of credit. (2) Includes home equity lines of credit.
Allowance for Loan Losses	The following table sets forth the activity in the Company’s allowance for loan losses for the three and nine months ended September 30, 2021, and the related portion of the allowances for loan losses that is allocated to each loan class, as of September 30, 2021 (in thousands): Residential Commercial & Multi-family Construction Commercial Business (1) Home Equity (2) Consumer Unallocated Total Allowance for loan losses: Beginning Balance, June 30, 2021 $ 2,911 $ 24,438 $ 2,341 $ 6,852 $ 294 $ 3 $ 633 $ 37,472 Charge-offs: - - - - - - - - Recovery: - - - 1 3 - - 4 Provisions: ( 75 ) 370 ( 307 ) 879 19 20 ( 226 ) 680 Ending Balance, September 30, 2021: 2,836 24,808 2,034 7,732 316 23 407 38,156 Ending Balance attributable to loans: Individually evaluated for impairment 276 1,469 150 5,770 16 - - 7,681 Collectively evaluated for impairment 2,560 23,339 1,884 1,962 300 23 407 30,475 Ending Balance, September 30, 2021 2,836 24,808 2,034 7,732 316 23 407 38,156 Loans Receivables: Individually evaluated for impairment 5,104 39,356 2,787 10,343 1,273 - - 58,863 Collectively evaluated for impairment 219,226 1,700,620 146,289 151,073 50,836 2,730 - 2,270,774 Total Gross Loans: $ 224,330 $ 1,739,976 $ 149,076 $ 161,416 $ 52,109 $ 2,730 $ - $ 2,329,637 _____________________________ (1) Includes business lines of credit. (2) Includes home equity lines of credit. Residential Commercial & Multi-family Construction Commercial Business (1) Home Equity (2) Consumer Unallocated Total Allowance for loan losses: Beginning Balance, January 1, 2021 $ 3,293 $ 21,772 $ 1,977 $ 6,306 $ 286 $ - $ 5 $ 33,639 Charge-offs: ( 60 ) - - ( 103 ) - ( 198 ) - ( 361 ) Recovery: 27 - - 2 - 9 - 38 Provisions: ( 424 ) 3,036 57 1,527 30 212 402 4,840 Ending Balance, September 30, 2021 $ 2,836 $ 24,808 $ 2,034 $ 7,732 $ 316 $ 23 $ 407 $ 38,156 _____________________________ (1) Includes business lines of credit. (2) Includes home equity lines of credit. Note 7 - Loans Receivable and Allowance for Loan Losses (Continued) The following table sets forth the activity in the Company’s allowance for loan losses for the three and nine months ended September 30, 2020 (in thousands): Residential Commercial & Multi-family Construction Commercial Business (1) Home Equity (2) Consumer Unallocated Total Allowance for loan losses: Beginning Balance, June 30, 2020 $ 3,076 $ 16,942 $ 1,334 $ 4,311 $ 684 - $ 6 $ 2,489 $ 28,842 Recovery: - - - 190 2 - - 192 Provisions: 58 1,731 395 2,891 ( 63 ) 6 ( 2,292 ) 2,726 Ending Balance September 30, 2020 $ 3,134 $ 18,673 $ 1,729 $ 7,392 $ 623 $ 12 $ 197 $ 31,760 Ending Balance attributable to loans: Individually evaluated for impairment $ 385 $ 313 $ - $ 3,128 $ 27 $ - $ - $ 3,853 Collectively evaluated for impairment 2,749 18,360 1,729 4,264 596 12 197 27,907 Ending Balance September 30, 2020 $ 3,134 $ 18,673 $ 1,729 $ 7,392 $ 623 $ 12 $ 197 $ 31,760 Loans Receivables: Individually evaluated for impairment $ 8,533 $ 13,980 $ - $ 7,163 $ 1,642 $ - $ - $ 31,318 Collectively evaluated for impairment 233,263 1,663,688 134,769 304,041 59,331 770 - 2,395,862 Total Gross Loans: $ 241,796 $ 1,677,668 $ 134,769 $ 311,204 $ 60,973 $ 770 $ - $ 2,427,180 _____________________________ (1) Includes business lines of credit. (2) Includes home equity lines of credit. Residential Commercial & Multi-family Construction Commercial Business (1) Home Equity (2) Consumer Unallocated Total Allowance for loan losses: Beginning Balance, January 1, 2020 $ 2,722 $ 15,372 $ 1,244 $ 3,790 $ 333 $ - $ 273 $ 23,734 Charge-offs: ( 4 ) - - - - - - ( 4 ) Recovery: - - - 492 8 4 - 504 Provisions: 416 3,301 485 3,110 282 8 ( 76 ) 7,526 Ending Balance, September 30, 2020 $ 3,134 $ 18,673 $ 1,729 $ 7,392 $ 623 $ 12 $ 197 $ 31,760 _____________________________ (1) Includes business lines of credit. (2) Includes home equity lines of credit. The following table sets forth the amount recorded in loans receivable at December 31, 2020. The table also details the amount of total loans receivable that are evaluated individually, and collectively, for impairment and the related portion of the allowance for loan losses that is allocated to each loan class (in thousands): Residential Commercial & Multi-family Construction Commercial Business (1) Home Equity (2) Consumer Unallocated Total Allowance for credit losses: Ending Balance attributable to loans: Individually evaluated for impairment $ 416 $ 378 $ - $ 3,640 $ 27 $ - $ - $ 4,461 Collectively evaluated for impairment 2,877 21,394 1,977 2,666 259 - 5 29,178 Ending Balance, December 31, 2020 $ 3,293 $ 21,772 $ 1,977 $ 6,306 $ 286 $ - $ 5 $ 33,639 Loans Receivables: - Individually evaluated for impairment $ 7,281 $ 61,854 $ - $ 12,492 $ 1,574 $ - $ - $ 83,201 Collectively evaluated for impairment 237,088 1,628,982 155,967 171,865 52,093 822 - 2,246,817 Total Gross Loans: $ 244,369 $ 1,690,836 $ 155,967 $ 184,357 $ 53,667 $ 822 $ - $ 2,330,018 (1) Includes business lines of credit. (2) Includes home equity lines of credit.
Impaired Loans	The following table summarizes the average recorded investment and interest income recognized on impaired loans with no related allowance recorded by portfolio class for the three and nine months ended September 30, 2021 and 2020 (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2021 2021 2020 2020 2021 2021 2020 2020 Average Interest Average Interest Average Interest Average Interest Recorded Income Recorded Income Recorded Income Recorded Income Investment Recognized Investment Recognized Investment Recognized Investment Recognized Loans with no related allowance recorded: Residential one-to-four family $ 3,050 $ 37 $ 4,664 $ 16 $ 2,973 $ 108 $ 4,652 $ 120 Commercial and Multi-family 29,742 271 10,632 36 30,614 830 9,974 234 Construction - - - - 929 36 - - Commercial business (1) 2,465 65 4,380 53 3,143 104 3,541 208 Home equity (2) 938 12 1,204 6 1,048 35 1,091 25 Consumer - - - - - - - - Total Impaired Loans with no allowance recorded: $ 36,195 $ 385 $ 20,880 $ 111 $ 38,707 $ 1,113 $ 19,258 $ 587 Loans with an allowance recorded: Residential one-to-four family $ 2,110 $ 66 $ 3,720 $ 3 $ 2,302 $ 165 $ 3,714 $ 50 Commercial and Multi-family 10,942 100 1,221 - 11,204 331 1,225 20 Construction 2,787 3 - - 1,858 6 - - Commercial business (1) 8,197 24 2,830 82 8,388 141 2,420 140 Home equity (2) 340 - 431 2 368 2 440 8 Consumer - - - - - - - - Total Impaired Loans with an allowance recorded: $ 24,376 $ 193 $ 8,202 $ 87 $ 24,120 $ 645 $ 7,799 $ 218 Total Impaired Loans: $ 60,571 $ 578 $ 29,082 $ 198 $ 62,827 $ 1,758 $ 27,057 $ 805 __________ (1) Includes business lines of credit. (2) Includes home equity lines of credit. The following table summarizes the recorded investment by portfolio class at September 30, 2021 and December 31, 2020. (in thousands): As of September 30, 2021 As of December 31, 2020 Recorded Unpaid Principal Related Recorded Unpaid Principal Related Investment Balance Allowance Investment Balance Allowance Loans with no related allowance recorded: Residential one-to-four family $ 2,998 $ 3,343 $ - $ 4,084 $ 4,660 $ - Commercial and multi-family 28,438 29,892 - 57,558 58,739 - Construction - - - - - - Commercial business (1) 1,869 6,473 - 5,844 17,687 - Home equity (2) 934 936 - 1,124 1,126 - Total Impaired Loans with no related allowance recorded: $ 34,239 $ 40,644 $ - $ 68,610 $ 82,212 $ - Loans with an allowance recorded: Residential one-to-four family $ 2,106 $ 2,134 $ 276 $ 3,197 $ 3,252 $ 416 Commercial and Multi-family 10,918 14,551 1,469 4,296 4,501 378 Construction 2,787 2,787 150 - - - Commercial business (1) 8,474 21,284 5,770 6,648 12,511 3,640 Home equity (2) 339 339 16 450 458 27 Total Impaired Loans with an allowance recorded: $ 24,624 $ 41,095 $ 7,681 $ 14,591 $ 20,722 $ 4,461 Total Impaired Loans: $ 58,863 $ 81,739 $ 7,681 $ 83,201 $ 102,934 $ 4,461 __________ (1) Includes business lines of credit. (2) Includes home equity lines of credit.
Troubled Debt Restructurings	At September 30, 2021 At December 31, 2020 (In thousands) Recorded investment in TDRs: Accrual status $ 12,568 $ 13,760 Non-accrual status 3,823 2,303 Total recorded investment in TDRs $ 16,391 $ 16,063
Delinquency Status of Total Loans	The following table sets forth the delinquency status of total loans receivable as of September 30, 2021: Loans Receivable 30-59 Days 60-90 Days Greater Than Total Past Total Loans >90 Days Past Due Past Due 90 Days Due Current Receivable and Accruing (In Thousands) Residential one-to-four family $ 463 $ - $ 152 $ 615 $ 223,715 $ 224,330 $ - Commercial and multi-family 2,992 - 6,047 9,039 1,730,937 1,739,976 651 Construction - - 2,787 2,787 146,289 149,076 - Commercial business (1) 723 434 3,352 4,509 156,907 161,416 - Home equity (2) 32 - 33 65 52,044 52,109 - Consumer - - - - 2,730 2,730 - Total $ 4,210 $ 434 $ 12,371 $ 17,015 $ 2,312,622 $ 2,329,637 $ 651 _________ (1) Includes business lines of credit. (2) Includes home equity lines of credit. The following table sets forth the delinquency status of total loans receivable at December 31, 2020: Loans Receivable 30-59 Days 60-90 Days Greater Than Total Past Total Loans >90 Days Past Due Past Due 90 Days Due Current Receivable and Accruing (In Thousands) Originated loans: Residential one-to-four family $ 507 $ 266 $ 664 $ 1,437 $ 242,932 $ 244,369 $ 125 Commercial and multi-family 15,910 2,996 1,334 20,240 1,670,596 1,690,836 - Construction - - - - 155,967 155,967 - Commercial business (1) 3,889 904 3,354 8,147 176,210 184,357 133 Home equity (2) 541 12 502 1,055 52,612 53,667 75 Consumer - - - - 822 822 - Total $ 20,847 $ 4,178 $ 5,854 $ 30,879 $ 2,299,139 $ 2,330,018 $ 333 (1) Includes business lines of credit. (2) Includes home equity lines of credit.
Non-Accruing Loans	As of September 30, 2021 As of December 31, 2020 (In Thousands) (In Thousands) Non-Accruing Loans: Residential one-to-four family $ 455 $ 1,736 Commercial and multi-family 13,322 8,721 Construction 2,787 - Commercial business (1) 4,128 5,383 Home equity (2) 33 556 Total $ 20,725 $ 16,396 _________ (1) Includes business lines of credit. (2) Includes home equity lines of credit.
Loan Portfolio by Pass Rating	Pass Special Mention Substandard Total Residential one-to-four family $ 223,275 $ 511 $ 544 $ 224,330 Commercial and multi-family 1,661,477 43,551 34,948 1,739,976 Construction 146,289 - 2,787 149,076 Commercial business (1) 146,549 4,844 10,023 161,416 Home equity (2) 51,802 62 245 52,109 Consumer 2,730 - - 2,730 Total Gross Loans $ 2,232,122 $ 48,968 $ 48,547 $ 2,329,637 _________ (1) Includes business lines of credit and PPP loans. (2) Includes home equity lines of credit. The following table presents the loan portfolio types summarized by the aggregate pass rating and the classified ratings of special mention and substandard within the Company’s internal risk rating system as of December 31, 2020 (In thousands). As of December 31, 2020, the Company had no loans with the classified rating of doubtful or loss. Pass Special Mention Substandard Total Residential one-to-four family $ 241,237 $ 1,087 $ 2,045 $ 244,369 Commercial and multi-family 1,631,838 2,152 56,846 1,690,836 Construction 155,967 - - 155,967 Commercial business (1) 173,833 1,497 9,027 184,357 Home equity (2) 53,005 - 662 53,667 Consumer 822 - - 822 Total Gross Loans $ 2,256,702 $ 4,736 $ 68,580 $ 2,330,018 ________ (1) Includes business lines of credit. (2) Includes home equity lines of credit.

Fair Values of Financial Inst_2

Fair Values of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2021
Fair Values of Financial Instruments [Abstract]
Fair Value Measurements, Recurring	(Level 1) (Level 2) Quoted Prices in Significant (Level 3) Active Markets Other Significant for Identical Observable Unobservable Description Total Assets Inputs Inputs As of September 30, 2021: Securities Debt Securities Available for Sale $ 82,603 $ - $ 82,603 $ - Marketable Equities $ 23,534 $ 23,534 $ - $ - Total Securities $ 106,137 $ 23,534 $ 82,603 $ - As of December 31, 2020: Securities Debt Securities Available for Sale $ 99,756 $ - $ 99,756 $ - Marketable Equities $ 17,717 $ 17,717 $ - $ - Total Securities $ 117,473 $ 17,717 $ 99,756 $ -
Fair Value Measurements, Nonrecurring	(Level 1) (Level 2) Quoted Prices in Significant (Level 3) Active Markets Other Significant for Identical Observable Unobservable Description Total Assets Inputs Inputs As of September 30, 2021 Impaired Loans $ 16,943 $ - $ - $ 16,943 Other real estate owned $ - $ - $ - $ - As of December 31, 2020: Impaired Loans $ 10,130 $ - $ - $ 10,130 Other real estate owned $ 414 $ - $ - $ 414
Quantitative Information about Level 3 Fair Value Measurements	Quantitative Information about Level 3 Fair Value Measurements Fair Value Valuation Unobservable Estimate Techniques Input Range September 30, 2021: Impaired Loans $ 16,943 Appraisal of collateral (1) Appraisal adjustments (2) 0 %- 10 % Other real estate owned $ - Appraisal of collateral (1) Appraisal adjustments (2) 0 %- 10 % Fair Value Valuation Unobservable Estimate Techniques Input Range December 31, 2020: Impaired Loans $ 10,130 Appraisal of collateral (1) Appraisal adjustments (2) 0 %- 10 % Other real estate owned $ 414 Appraisal of collateral (1) Appraisal adjustments (2) 0 %- 10 % (1) Fair value is generally determined through independent appraisals of the underlying collateral, which generally include various level 3 inputs which are not objectively determinable. (2) Appraisals may be adjusted by management for qualitative factors such as economic conditions and estimated liquidation expenses. The range of liquidation expenses and other appraisal adjustments are presented as a percent of the appraisal.
Carrying Values and Estimated Fair Values of Financial Instruments	As of September 30, 2021 Quoted Prices in Active Significant Significant Carrying Markets for Identical Assets Other Observable Inputs Unobservable Inputs Value Fair Value (Level 1) (Level 2) (Level 3) (In Thousands) Financial assets: Cash and cash equivalents $ 442,938 $ 442,938 $ 442,938 $ - $ - Interest-earning time deposits 735 735 - 735 - Debt securities available for sale 82,603 82,603 - 82,603 - Equity investments 23,534 23,534 23,534 - - Loans held for sale 913 913 - 913 - Loans receivable, net 2,289,854 2,237,471 - - 2,237,471 FHLB of New York stock, at cost 8,193 8,193 - 8,193 - Accrued interest receivable 10,388 10,388 - 10,388 - Financial liabilities: Deposits 2,541,405 2,429,607 1,750,043 679,564 - Borrowings 118,573 120,049 - 120,049 - Subordinated debentures 37,217 45,913 - 45,913 - Accrued interest payable 660 660 - 660 - As of December 31, 2020 Quoted Prices in Active Significant Significant Carrying Markets for Identical Assets Other Observable Inputs Unobservable Inputs Value Fair Value (Level 1) (Level 2) (Level 3) (In Thousands) Financial assets: Cash and cash equivalents $ 261,229 $ 261,229 $ 261,229 $ - $ - Interest-earning time deposits 735 735 - 735 - Debt securities available for sale 99,756 99,756 - 99,756 - Equity investments 17,717 17,717 17,717 - - Loans held for sale 3,530 3,530 - 3,530 - Loans receivable, net 2,295,021 2,309,118 - - 2,309,118 FHLB of New York stock, at cost 11,324 11,324 - 11,324 - Accrued interest receivable 12,924 12,924 - 12,924 - Other Real Estate Owned - - - - - Financial liabilities: Deposits 2,318,050 2,323,561 1,627,871 695,690 - Borrowings 191,161 194,899 - 194,899 - Subordinated debentures 37,042 37,252 - 37,252 - Accrued interest payable 1,463 1,463 - 1,463 -

Lease Obligations (Tables)

Lease Obligations (Tables)	9 Months Ended
	Sep. 30, 2021
Lease Obligations [Abstract]
Schedule of Lease Information	Three Months Ended September 30, 2021 Three Months Ended September 30, 2020 Nine Months Ended September 30, 2021 Nine Months Ended September 30, 2020 Operating lease cost $ 917 $ 850 $ 2,801 $ 2,559 Variable lease cost-operating leases $ 236 $ 201 $ 726 $ 599 At September 30, 2021 At December 31, 2020 Supplemental balance sheet information related to leases: Operating Leases Operating lease right-of-use assets $ 13,245 $ 14,988 Current liabilities $ 3,375 $ 3,348 Operating lease liabilities (noncurrent portion) 11,315 13,298 Deferred expenses ( 1,157 ) ( 1,422 ) Total operating lease liabilities $ 13,533 $ 15,224
Summary of Maturity of Lease Obligations for Operating Leases	Maturities of lease liabilities: At September 30, 2021 At December 31, 2020 Operating Leases Operating Leases One year or less $ 3,375 $ 3,348 Over one year through three years 4,783 5,424 Over three years through five years 3,154 3,459 Over five years 3,378 4,415 Gross Operating Lease Liabilities $ 14,690 $ 16,646 Deferred Expenses ( 1,157 ) ( 1,422 ) Total Operating Lease Liabilities $ 13,533 $ 15,224

Equity Incentive Plans (Narrati

Equity Incentive Plans (Narrative) (Details) - USD ($)	Apr. 26, 2021	Feb. 19, 2021	Feb. 10, 2021	Sep. 30, 2021	Sep. 30, 2020
Defined Benefit Plan Disclosure [Line Items]
Options granted				72,800
Options [Member]
Defined Benefit Plan Disclosure [Line Items]
Shares underlying unexercised options				342,800
Expected future compensation expense, unexercised options				$ 620,000
Expected future compensation expense, weighted average period for recognition				4 years 7 months 28 days
Options Exercisable - Number of Option Shares				854,725	660,736
Restricted Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected future expenses relating to non-vested restricted shares				$ 270,000
Expected future compensation expense, weighted average period for recognition				3 years 4 months 2 days
2018 Equity Incentive Plan [Member] | Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Shares authorized for issuance				1,000,000
2011 Stock Plan [Member] | Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Shares authorized for issuance				900,000
Directors [Member] | 2018 Equity Incentive Plan [Member] | Options [Member]
Defined Benefit Plan Disclosure [Line Items]
Options granted			66,000
Vesting period			5 years
Directors [Member] | 2018 Equity Incentive Plan [Member] | Restricted Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Restricted stock issued		300	26,400
Vesting period		2 years	4 years
Certain Officers [Member]
Defined Benefit Plan Disclosure [Line Items]
Options granted	6,800
Vesting period	5 years

Equity Incentive Plans (Summary

Equity Incentive Plans (Summary of Status of Restricted Shares) (Details) - $ / shares	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Equity Incentive Plans [Abstract]
Number of Shares Awarded, Non-vested at beginning of period	22,304	81,278
Number of Shares Awarded, Granted	26,700
Number of Shares Awarded, Vested	(22,304)	(25,232)
Number of Shares Awarded, Forfeited		(2,332)
Number of Shares Awarded, Non-vested at end of period	26,700	53,714
Weighted Average Grant Date Fair Value, Non-vested at beginning of period	$ 12.46	$ 11.96
Weighted Average Grant Date Fair Value, Granted	12.89
Weighted Average Grant Date Fair Value, Vested	12.46	12.40
Weighted Average Grant Date Fair Value, Forfeited		11.97
Weighted Average Grant Date Fair Value, Non-vested at end of period	$ 12.89	$ 11.78

Equity Incentive Plans (Summa_2

Equity Incentive Plans (Summary of Stock Option Activity) (Details) - $ / shares	3 Months Ended	9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020	Dec. 31, 2019
Equity Incentive Plans [Abstract]
Outstanding, Beginning Balance - Number of Options		1,192,348	1,200,975	1,200,975
Options Granted - Number of Options		72,800
Options Exercised - Number of Options	(31,000)	(67,623)	(500)
Options Forfeited - Number of Options			(8,127)
Options Expired - Number of Options
Outstanding, Ending Balance - Number of Options	1,197,525	1,197,525	1,192,348	1,192,348	1,200,975
Outstanding, Range of Exercise Price, Lower Range Limit (per share)		$ 9.03	$ 8.93	$ 8.93	$ 8.93
Outstanding, Range of Exercise Price, Upper Range Limit (per share)		13.68	13.32	13.32	13.32
Options Shares Forfeited - Range of Exercise Prices, Lower Range Limit			11.26
Options Shares Forfeited - Range of Exercise Prices, Upper Range Limit			12.46
Options Exercised - Exercise Price			10.55
Options Shares Granted, Range of Exercise Prices, Lower Range Limit		12.89
Options Shares Granted, Range of Exercise Prices, Upper Range Limit		13.68
Option Shares Exercised - Range of Exercise Prices, Lower Range Limit		8.93
Option Shares Exercised - Range of Exercise Prices, Upper Range Limit		12.46
Outstanding Number of Options, Beginning Balance - Weighted Average Exercise Price		11.45	11.45	11.45
Number of Options Granted - Weighted Average Exercise Price		12.96
Number of Options, Exercised - Weighted Average Exercise Price		9.83	10.55
Number of Options Forfeited - Weighted Average Exercise Price			11.68
Outstanding Number of Options, Ending Balance - Weighted Average Exercise Price	$ 11.64	$ 11.64	$ 11.45	$ 11.45	$ 11.45

Net Income per Common Share (Na

Net Income per Common Share (Narrative) (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Net Income per Common Share [Abstract]
Anti-dilutive outstanding options	1,144	0	7,015	0

Net Income Per Common Share (Sc

Net Income Per Common Share (Schedule of Earnings Per Share, Basic and Diluted) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Net Income per Common Share [Abstract]
Net income available to common stockholders	$ 8,322	$ 8,312	$ 23,489	$ 13,559
Basic earnings per share- Income available to Common stockholders	8,036	7,980	22,637	12,545
Diluted earnings per share- Income available to Common stockholders	$ 8,036	$ 7,980	$ 22,637	$ 12,545
Basic earnings per share- Income available to Common stockholders, Shares	17,019	17,069	17,085	17,250
Effect of dilutive securities: Stock options: Shares	203		157	18
Diluted earnings per share- Income available to Common stockholders, Shares	17,222	17,069	17,242	17,268
Basic earnings per share- Income available to Common stockholders, Per share amount	$ 0.47	$ 0.47	$ 1.33	$ 0.73
Diluted earnings per share - Income available to Common stockholders, Per share amount	$ 0.47	$ 0.47	$ 1.31	$ 0.73

Securities (Summary of Disaggre

Securities (Summary of Disaggregated Net Losses on Equity Securities) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Securities [Abstract]
Net (losses) gains recognized during the period on equity securities	$ (307)	$ 778	$ (4)	$ 780
Less: Net gains recognized during the period on equity securities sold during the period				40
Realized and unrealized (losses) gains on equity investments still held at the reporting date	$ (307)	$ 778	$ (4)	$ 820

Securities (Amortized Cost and

Securities (Amortized Cost and Gross Unrealized Gains and Losses on Securities Available for Sale) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Schedule of Available-for-sale Securities [Line Items]
Debt Securities, Amortized Cost	$ 79,933	$ 97,074
Debt securities: Gross Unrealized Gains	3,321	2,822
Debt securities: Gross Unrealized Losses	651	140
Debt securities: Fair Value	82,603	99,756
Residential Mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Debt securities, Within one year, Amortized Cost	2,974
Debt securities, More than one to five years, Amortized Cost	81	3,208
Debt securities, More than five to ten years, Amortized Cost	5,045	4,799
Debt securities, More than ten years, Amortized Cost	26,196	40,531
Debt Securities, Amortized Cost	34,296	48,538
Debt securities, More than one to five years, Gross Unrealized Gains		10
Debt securities: More than five to ten years, Gross Unrealized Gains	153	163
Debt securities, More than ten years, Gross Unrealized Gains	523	741
Debt securities: Gross Unrealized Gains	676	914
Debt securities: Less than one year, Gross Unrealized Losses	103
Debt securities: More than one to five years, Gross Unrealized Losses		67
Debt securities: More than five to ten years, Gross Unrealized Losses	19
Debt securities: More than ten years, Gross Unrealized Losses	258	60
Debt securities: Gross Unrealized Losses	380	127
Debt securities: Less than one year, Fair Value	2,871
Debt securities: More than one to five years, Fair Value	81	3,151
Debt securities: More than five to ten years, Fair Value	5,179	4,962
Debt securities: More than ten years, Fair Value	26,461	41,212
Debt securities: Fair Value	34,592	49,325
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Debt securities, More than five to ten years, Amortized Cost	41,506	32,279
Debt Securities, Amortized Cost		32,279
Debt securities: More than five to ten years, Gross Unrealized Gains	2,525	1,719
Debt securities: Gross Unrealized Gains		1,719
Debt securities: More than five to ten years, Gross Unrealized Losses	271	13
Debt securities: Gross Unrealized Losses		13
Debt securities: More than five to ten years, Fair Value	43,760	33,985
Debt securities: Fair Value		33,985
Municipal Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
Debt securities, Within one year, Amortized Cost		12,048
Debt securities, More than ten years, Amortized Cost	4,131	4,209
Debt Securities, Amortized Cost		16,257
Debt securities, More than ten years, Gross Unrealized Gains	120	189
Debt securities: Gross Unrealized Gains		189
Debt securities: Less than one year, Fair Value		12,048
Debt securities: More than ten years, Fair Value	$ 4,251	4,398
Debt securities: Fair Value		$ 16,446

Securities (Available-for-Sale

Securities (Available-for-Sale Securities, Continuous Unrealized Loss Position, Fair Value ) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Schedule of Available-for-sale Securities [Line Items]
Debt Securities, 12 Months or Less - Fair Value	$ 14,027	$ 11,613
Debt Securities, More than 12 Months - Fair Value	3,570	1,278
Debt Securities - Total Fair Value	17,597	12,891
Debt Securities, 12 Months or Less - Unrealized Losses	467	73
Debt Securities, More than 12 Months - Unrealized Losses	184	67
Debt Securities - Total Unrealized Losses	651	140
Residential Mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Debt Securities, 12 Months or Less - Fair Value	8,073	6,126
Debt Securities, More than 12 Months - Fair Value	3,570	1,278
Debt Securities - Total Fair Value	11,643	7,404
Debt Securities, 12 Months or Less - Unrealized Losses	196	60
Debt Securities, More than 12 Months - Unrealized Losses	184	67
Debt Securities - Total Unrealized Losses	380	127
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Debt Securities, 12 Months or Less - Fair Value	5,954	5,487
Debt Securities - Total Fair Value	5,954	5,487
Debt Securities, 12 Months or Less - Unrealized Losses	271	13
Debt Securities - Total Unrealized Losses	$ 271	$ 13

Loans Receivable and Allowanc_3

Loans Receivable and Allowance for Loan Losses (Narrative) (Details)	3 Months Ended		9 Months Ended	12 Months Ended
	Sep. 30, 2021USD ($)loan	Sep. 30, 2020USD ($)loan	Sep. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans, interest income lost			$ 998,000	$ 1,200,000
Loans Receivable >90 Days and Accruing	$ 651,000		651,000	333,000
Loans acquired with deteriorated credit quality, fair value	667,000		667,000	1,100,000
Troubled debt restructurings, subsequent default, amount	$ 232,072	$ 602,274
Troubled debt restructuring, subsequent default, number | loan	1
Troubled debt restructurings, number | loan	1	5
Troubled debt restructurings, amount	$ 168,102	$ 458,181
Past due loans	17,015,000		17,015,000	30,879,000
Less Than 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past due loans	$ 9,500,000		$ 9,500,000	$ 11,900,000

Loans Receivable and Allowanc_4

Loans Receivable and Allowance for Loan Losses (Recorded Investment in Loans Receivable) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	$ 2,329,637	$ 2,330,018	$ 2,427,180
Deferred loan fees, net	(1,627)	(1,358)
Allowance for loan losses	(38,156)	(33,639)
Sub-total	(39,783)	(34,997)
Net Loans	2,289,854	2,295,021
Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	224,330	244,369	241,796
Commercial & Multi-family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	1,739,976	1,690,836	1,677,668
Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	149,076	155,967	134,769
Commercial Business [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	161,416	184,357	311,204
Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	52,109	53,667	60,973
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	$ 2,730	$ 822	$ 770

Loans Receivable and Allowanc_5

Loans Receivable and Allowance for Loan Losses (Allowance for Loan Losses) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses: Beginning Balance	$ 37,472	$ 28,842	$ 33,639	$ 23,734
Allowance for loan losses: Charge-offs			(361)	(4)
Allowance for loan losses: Recovery	4	192	38	504
Allowance for loan losses: Provisions	680	2,726	4,840	7,526
Allowance for loan losses: Ending balance: individually evaluated for impairment	7,681	3,853	7,681	3,853	$ 4,461
Allowance for loan losses: Ending balance: collectively evaluated for impairment	30,475	27,907	30,475	27,907	29,178
Allowance for loan losses: Ending Balance	38,156	31,760	38,156	31,760
Loans receivables: Ending balance: individually evaluated for impairment	58,863	31,318	58,863	31,318	83,201
Loans receivables: Ending balance: collectively evaluated for impairment	2,270,774	2,395,862	2,270,774	2,395,862	2,246,817
Loans receivables: Ending balance	2,329,637	2,427,180	2,329,637	2,427,180	2,330,018
Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses: Beginning Balance	2,911	3,076	3,293	2,722
Allowance for loan losses: Charge-offs			(60)	(4)
Allowance for loan losses: Recovery			27
Allowance for loan losses: Provisions	(75)	58	(424)	416
Allowance for loan losses: Ending balance: individually evaluated for impairment	276	385	276	385	416
Allowance for loan losses: Ending balance: collectively evaluated for impairment	2,560	2,749	2,560	2,749	2,877
Allowance for loan losses: Ending Balance	2,836	3,134	2,836	3,134
Loans receivables: Ending balance: individually evaluated for impairment	5,104	8,533	5,104	8,533	7,281
Loans receivables: Ending balance: collectively evaluated for impairment	219,226	233,263	219,226	233,263	237,088
Loans receivables: Ending balance	224,330	241,796	224,330	241,796	244,369
Commercial & Multi-family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses: Beginning Balance	24,438	16,942	21,772	15,372
Allowance for loan losses: Provisions	370	1,731	3,036	3,301
Allowance for loan losses: Ending balance: individually evaluated for impairment	1,469	313	1,469	313	378
Allowance for loan losses: Ending balance: collectively evaluated for impairment	23,339	18,360	23,339	18,360	21,394
Allowance for loan losses: Ending Balance	24,808	18,673	24,808	18,673
Loans receivables: Ending balance: individually evaluated for impairment	39,356	13,980	39,356	13,980	61,854
Loans receivables: Ending balance: collectively evaluated for impairment	1,700,620	1,663,688	1,700,620	1,663,688	1,628,982
Loans receivables: Ending balance	1,739,976	1,677,668	1,739,976	1,677,668	1,690,836
Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses: Beginning Balance	2,341	1,334	1,977	1,244
Allowance for loan losses: Provisions	(307)	395	57	485
Allowance for loan losses: Ending balance: individually evaluated for impairment	150		150
Allowance for loan losses: Ending balance: collectively evaluated for impairment	1,884	1,729	1,884	1,729	1,977
Allowance for loan losses: Ending Balance	2,034	1,729	2,034	1,729
Loans receivables: Ending balance: individually evaluated for impairment	2,787		2,787
Loans receivables: Ending balance: collectively evaluated for impairment	146,289	134,769	146,289	134,769	155,967
Loans receivables: Ending balance	149,076	134,769	149,076	134,769	155,967
Commercial Business [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses: Beginning Balance	6,852	4,311	6,306	3,790
Allowance for loan losses: Charge-offs			(103)
Allowance for loan losses: Recovery	1	190	2	492
Allowance for loan losses: Provisions	879	2,891	1,527	3,110
Allowance for loan losses: Ending balance: individually evaluated for impairment	5,770	3,128	5,770	3,128	3,640
Allowance for loan losses: Ending balance: collectively evaluated for impairment	1,962	4,264	1,962	4,264	2,666
Allowance for loan losses: Ending Balance	7,732	7,392	7,732	7,392
Loans receivables: Ending balance: individually evaluated for impairment	10,343	7,163	10,343	7,163	12,492
Loans receivables: Ending balance: collectively evaluated for impairment	151,073	304,041	151,073	304,041	171,865
Loans receivables: Ending balance	161,416	311,204	161,416	311,204	184,357
Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses: Beginning Balance	294	684	286	333
Allowance for loan losses: Recovery	3	2		8
Allowance for loan losses: Provisions	19	(63)	30	282
Allowance for loan losses: Ending balance: individually evaluated for impairment	16	27	16	27	27
Allowance for loan losses: Ending balance: collectively evaluated for impairment	300	596	300	596	259
Allowance for loan losses: Ending Balance	316	623	316	623
Loans receivables: Ending balance: individually evaluated for impairment	1,273	1,642	1,273	1,642	1,574
Loans receivables: Ending balance: collectively evaluated for impairment	50,836	59,331	50,836	59,331	52,093
Loans receivables: Ending balance	52,109	60,973	52,109	60,973	53,667
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses: Beginning Balance	3	6
Allowance for loan losses: Charge-offs			(198)
Allowance for loan losses: Recovery			9	4
Allowance for loan losses: Provisions	20	6	212	8
Allowance for loan losses: Ending balance: collectively evaluated for impairment	23	12	23	12
Allowance for loan losses: Ending Balance	23	12	23	12
Loans receivables: Ending balance: collectively evaluated for impairment	2,730	770	2,730	770	822
Loans receivables: Ending balance	2,730	770	2,730	770	822
Unallocated [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for loan losses: Beginning Balance	633	2,489	5	273
Allowance for loan losses: Provisions	(226)	(2,292)	402	(76)
Allowance for loan losses: Ending balance: collectively evaluated for impairment	407	197	407	197	$ 5
Allowance for loan losses: Ending Balance	$ 407	$ 197	$ 407	$ 197

Loans Receivable and Allowanc_6

Loans Receivable and Allowance for Loan Losses (Impaired Loans) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Recorded Investment - With no related allowance recorded	$ 36,195	$ 20,880	$ 38,707	$ 19,258
Average Recorded Investment - With an allowance recorded	24,376	8,202	24,120	7,799
Average Recorded Investment - Total	60,571	29,082	62,827	27,057
Interest Income Recognized - With no related allowance recorded	385	111	1,113	587
Interest Income Recognized - With an allowance recorded	193	87	645	218
Interest Income Recognized - Total	578	198	1,758	805
Recorded Investment - With no related allowance recorded	34,239		34,239		$ 68,610
Recorded Investment - With an allowance recorded	24,624		24,624		14,591
Recorded Investment - Total	58,863		58,863		83,201
Unpaid Principal Balance - With no related allowance recorded	40,644		40,644		82,212
Unpaid Principal Balance - With an allowance recorded	41,095		41,095		20,722
Unpaid Principal Balance - Total	81,739		81,739		102,934
Related Allowance	7,681		7,681		4,461
Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Recorded Investment - With no related allowance recorded	3,050	4,664	2,973	4,652
Average Recorded Investment - With an allowance recorded	2,110	3,720	2,302	3,714
Interest Income Recognized - With no related allowance recorded	37	16	108	120
Interest Income Recognized - With an allowance recorded	66	3	165	50
Recorded Investment - With no related allowance recorded	2,998		2,998		4,084
Recorded Investment - With an allowance recorded	2,106		2,106		3,197
Unpaid Principal Balance - With no related allowance recorded	3,343		3,343		4,660
Unpaid Principal Balance - With an allowance recorded	2,134		2,134		3,252
Related Allowance	276		276		416
Commercial & Multi-family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Recorded Investment - With no related allowance recorded	29,742	10,632	30,614	9,974
Average Recorded Investment - With an allowance recorded	10,942	1,221	11,204	1,225
Interest Income Recognized - With no related allowance recorded	271	36	830	234
Interest Income Recognized - With an allowance recorded	100		331	20
Recorded Investment - With no related allowance recorded	28,438		28,438		57,558
Recorded Investment - With an allowance recorded	10,918		10,918		4,296
Unpaid Principal Balance - With no related allowance recorded	29,892		29,892		58,739
Unpaid Principal Balance - With an allowance recorded	14,551		14,551		4,501
Related Allowance	1,469		1,469		378
Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Recorded Investment - With no related allowance recorded	2,787		929
Average Recorded Investment - With an allowance recorded			1,858
Interest Income Recognized - With no related allowance recorded			36
Interest Income Recognized - With an allowance recorded	3		6
Recorded Investment - With no related allowance recorded	2,787		2,787
Unpaid Principal Balance - With no related allowance recorded	2,787		2,787
Related Allowance	150		150
Commercial Business [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Recorded Investment - With no related allowance recorded	2,465	4,380	3,143	3,541
Average Recorded Investment - With an allowance recorded	8,197	2,830	8,388	2,420
Interest Income Recognized - With no related allowance recorded	65	53	104	208
Interest Income Recognized - With an allowance recorded	24	82	141	140
Recorded Investment - With no related allowance recorded	1,869		1,869		5,844
Recorded Investment - With an allowance recorded	8,474		8,474		6,648
Unpaid Principal Balance - With no related allowance recorded	6,473		6,473		17,687
Unpaid Principal Balance - With an allowance recorded	21,284		21,284		12,511
Related Allowance	5,770		5,770		3,640
Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Average Recorded Investment - With no related allowance recorded	938	1,204	1,048	1,091
Average Recorded Investment - With an allowance recorded	340	431	368	440
Interest Income Recognized - With no related allowance recorded	12	6	35	25
Interest Income Recognized - With an allowance recorded		$ 2	2	$ 8
Recorded Investment - With no related allowance recorded	934		934		1,124
Recorded Investment - With an allowance recorded	339		339		450
Unpaid Principal Balance - With no related allowance recorded	936		936		1,126
Unpaid Principal Balance - With an allowance recorded	339		339		458
Related Allowance	$ 16		$ 16		$ 27

Loans Receivable and Allowanc_7

Loans Receivable and Allowance for Loan Losses (Delinquency Status of Total Loans) (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	$ 17,015,000	$ 30,879,000
Current	2,312,622,000	2,299,139,000
Financing Receivable, Net, Total	2,329,637,000	2,330,018,000
Loans Receivable >90 Days and Accruing	651,000	333,000
30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	4,210,000	20,847,000
60 to 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	434,000	4,178,000
Greater than 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	12,371,000	5,854,000
Originated loans [Member] | Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	615,000	1,437,000
Current	223,715,000	242,932,000
Financing Receivable, Net, Total	224,330,000	244,369,000
Loans Receivable >90 Days and Accruing		125,000
Originated loans [Member] | Residential [Member] | 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	463,000	507,000
Originated loans [Member] | Residential [Member] | 60 to 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due		266,000
Originated loans [Member] | Residential [Member] | Greater than 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	152,000	664,000
Originated loans [Member] | Commercial & Multi-family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	9,039,000	20,240,000
Current	1,730,937,000	1,670,596,000
Financing Receivable, Net, Total	1,739,976,000	1,690,836,000
Loans Receivable >90 Days and Accruing	651,000
Originated loans [Member] | Commercial & Multi-family [Member] | 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	2,992,000	15,910,000
Originated loans [Member] | Commercial & Multi-family [Member] | 60 to 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due		2,996,000
Originated loans [Member] | Commercial & Multi-family [Member] | Greater than 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	6,047,000	1,334,000
Originated loans [Member] | Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	2,787,000
Current	146,289,000	155,967,000
Financing Receivable, Net, Total	149,076,000	155,967,000
Loans Receivable >90 Days and Accruing
Originated loans [Member] | Construction [Member] | Greater than 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	2,787,000
Originated loans [Member] | Commercial Business [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	4,509,000	8,147,000
Current	156,907,000	176,210,000
Financing Receivable, Net, Total	161,416,000	184,357,000
Loans Receivable >90 Days and Accruing		133,000
Originated loans [Member] | Commercial Business [Member] | 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	723,000	3,889,000
Originated loans [Member] | Commercial Business [Member] | 60 to 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	434,000	904,000
Originated loans [Member] | Commercial Business [Member] | Greater than 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	3,352,000	3,354,000
Originated loans [Member] | Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	65,000	1,055,000
Current	52,044,000	52,612,000
Financing Receivable, Net, Total	52,109,000	53,667,000
Loans Receivable >90 Days and Accruing		75,000
Originated loans [Member] | Home Equity [Member] | 30 to 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	32,000	541,000
Originated loans [Member] | Home Equity [Member] | 60 to 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due		12,000
Originated loans [Member] | Home Equity [Member] | Greater than 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Past Due	33,000	502,000
Originated loans [Member] | Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Current	2,730,000	822,000
Financing Receivable, Net, Total	2,730,000	822,000
Loans Receivable >90 Days and Accruing

Loans Receivable and Allowanc_8

Loans Receivable and Allowance for Loan Losses (Troubled Debt Restructurings) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Financing Receivable, Modifications [Line Items]
Total recorded investment in TDRs	$ 16,391	$ 16,063
Performing Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
Total recorded investment in TDRs	12,568	13,760
Nonperforming Financing Receivable [Member]
Financing Receivable, Modifications [Line Items]
Total recorded investment in TDRs	$ 3,823	$ 2,303

Loans Receivable and Allowanc_9

Loans Receivable and Allowance for Loan Losses (Non-Accruing Loans) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans	$ 20,725	$ 16,396
Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans	455	1,736
Commercial & Multi-family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans	13,322	8,721
Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans	2,787
Commercial Business [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans	4,128	5,383
Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans	$ 33	$ 556

Loans Receivable and Allowan_10

Loans Receivable and Allowance for Loan Losses (Loan Portfolio by Pass Rating) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	$ 2,329,637	$ 2,330,018	$ 2,427,180
Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	2,232,122	2,256,702
Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	48,968	4,736
Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	48,547	68,580
Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	224,330	244,369	241,796
Commercial & Multi-family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	1,739,976	1,690,836	1,677,668
Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	149,076	155,967	134,769
Commercial Business [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	161,416	184,357	311,204
Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	52,109	53,667	60,973
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	2,730	822	$ 770
Originated loans [Member] | Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	224,330	244,369
Originated loans [Member] | Residential [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	223,275	241,237
Originated loans [Member] | Residential [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	511	1,087
Originated loans [Member] | Residential [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	544	2,045
Originated loans [Member] | Commercial & Multi-family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	1,739,976	1,690,836
Originated loans [Member] | Commercial & Multi-family [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	1,661,477	1,631,838
Originated loans [Member] | Commercial & Multi-family [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	43,551	2,152
Originated loans [Member] | Commercial & Multi-family [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	34,948	56,846
Originated loans [Member] | Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	149,076	155,967
Originated loans [Member] | Construction [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	146,289	155,967
Originated loans [Member] | Construction [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	2,787
Originated loans [Member] | Commercial Business [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	161,416	184,357
Originated loans [Member] | Commercial Business [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	146,549	173,833
Originated loans [Member] | Commercial Business [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	4,844	1,497
Originated loans [Member] | Commercial Business [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	10,023	9,027
Originated loans [Member] | Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	52,109	53,667
Originated loans [Member] | Home Equity [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	51,802	53,005
Originated loans [Member] | Home Equity [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	62
Originated loans [Member] | Home Equity [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	245	662
Originated loans [Member] | Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	2,730	822
Originated loans [Member] | Consumer [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross	$ 2,730	$ 822

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	Dec. 15, 2020	Sep. 01, 2020	Aug. 31, 2020	Aug. 10, 2020	Jul. 13, 2020	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Series H Preferred Stock [Member]
Stockholders' Equity Note [Line Items]
Preferred stock, dividend rate	3.50%	3.50%			3.50%	3.50%		3.50%		3.50%
Proceeds from issuance of private placement	$ 2.2	$ 5.9			$ 3.1
Shares issued	225	590			308
Series F Preferred Stock [Member]
Stockholders' Equity Note [Line Items]
Preferred stock, dividend rate			6.00%				6.00%		6.00%
Preferred stock redeemed, shares			6,465
Preferred stock, redemption price			$ 1,000
Preferred stock redeemed, value			$ 6.5
Series C Preferred Stock [Member]
Stockholders' Equity Note [Line Items]
Preferred stock, dividend rate				6.00%			6.00%		6.00%
Preferred stock redeemed, shares				388
Preferred stock, redemption price				$ 10,000
Preferred stock redeemed, value				$ 3.9
Series G Preferred Stock [Member]
Stockholders' Equity Note [Line Items]
Preferred stock, dividend rate						6.00%	6.00%	6.00%	6.00%	6.00%

Bank Owned Life Insurance (Narr

Bank Owned Life Insurance (Narrative) (Details) - USD ($) $ in Millions	1 Months Ended
	Jan. 31, 2021	Aug. 31, 2020	Sep. 30, 2021
Bank Owned Life Insurance [Abstract]
Bank owned life insurance, amount			$ 71.7
Bank owned life insurance, amount purchased	$ 8.5	$ 60

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Narrative) (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Impairment of intangible assets	$ 0		$ 0
Goodwill	5,300,000	$ 5,200,000	$ 5,300,000	$ 5,200,000
Core Deposit Intangibles [Member]
Intangible asset, useful life			10 years
Amortization expense	14,000	16,000	$ 43,000	49,000
Intangible assets, net	$ 191,000	$ 250,000	$ 191,000	$ 250,000

Fair Values of Financial Inst_3

Fair Values of Financial Instruments (Narrative) (Details) - USD ($)	3 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Transfers between fair value hierarchy	$ 0	$ 0
Impaired loans	24,624,000		$ 14,591,000
Valuation allowance	7,681,000		4,461,000
Significant Unobservable Inputs (Level 3) [Member] | Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	24,600,000		14,600,000
Valuation allowance	$ 7,700,000		$ 4,500,000

Fair Values of Financial Inst_4

Fair Values of Financial Instruments (Fair Value Measurements, Recurring) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities Available for Sale	$ 82,603	$ 99,756
Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities Available for Sale	82,603	99,756
Marketable Equities	23,534	17,717
Total Securities	106,137	117,473
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Marketable Equities	23,534	17,717
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities Available for Sale
Marketable Equities	23,534	17,717
Total Securities	23,534	17,717
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities Available for Sale	82,603	99,756
Significant Other Observable Inputs (Level 2) [Member] | Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities Available for Sale	82,603	99,756
Total Securities	82,603	99,756
Significant Unobservable Inputs (Level 3) [Member] | Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities Available for Sale
Marketable Equities
Total Securities

Fair Values of Financial Inst_5

Fair Values of Financial Instruments (Fair Value Measurements, Nonrecurring) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 16,943	$ 10,130
Other real estate owned		414
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans
Other real estate owned
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans
Other real estate owned
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 16,943	10,130
Other real estate owned		$ 414

Fair Values of Financial Inst_6

Fair Values of Financial Instruments (Quantitative Information about Level 3 Fair Value Measurements) (Details) $ in Thousands	Sep. 30, 2021USD ($)item	Dec. 31, 2020USD ($)item
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans | $	$ 16,943	$ 10,130
Other Real Estate Owned | $		414
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans | $	$ 16,943	10,130
Other Real Estate Owned | $		$ 414
Significant Unobservable Inputs (Level 3) [Member] | Minimum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans, Range | item	0	0
Other Real Estate Owned, Range | item	0	0
Significant Unobservable Inputs (Level 3) [Member] | Maximum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans, Range | item	10	10
Other Real Estate Owned, Range | item	10	10

Fair Values of Financial Inst_7

Fair Values of Financial Instruments (Carrying Values and Estimated Fair Values of Financial Instruments) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities available for sale	$ 82,603	$ 99,756
Carrying Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	442,938	261,229
Interest-earning time deposits	735	735
Debt securities available for sale	82,603	99,756
Equity investments	23,534	17,717
Loans held for sale	913	3,530
Loans receivable, net	2,289,854	2,295,021
FHLB of New York stock, at cost	8,193	11,324
Accrued interest receivable	10,388	12,924
Deposits	2,541,405	2,318,050
Borrowings	118,573	191,161
Subordinated debentures	37,217	37,042
Accrued interest payable	660	1,463
Fair Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	442,938	261,229
Interest-earning time deposits	735	735
Debt securities available for sale	82,603	99,756
Equity investments	23,534	17,717
Loans held for sale	913	3,530
Loans receivable, net	2,237,471	2,309,118
FHLB of New York stock, at cost	8,193	11,324
Accrued interest receivable	10,388	12,924
Deposits	2,429,607	2,323,561
Borrowings	120,049	194,899
Subordinated debentures	45,913	37,252
Accrued interest payable	660	1,463
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	442,938	261,229
Equity investments	23,534	17,717
Deposits	1,750,043	1,627,871
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest-earning time deposits	735	735
Debt securities available for sale	82,603	99,756
Loans held for sale	913	3,530
FHLB of New York stock, at cost	8,193	11,324
Accrued interest receivable	10,388	12,924
Deposits	679,564	695,690
Borrowings	120,049	194,899
Subordinated debentures	45,913	37,252
Accrued interest payable	660	1,463
Significant Unobservable Inputs (Level 3) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loans receivable, net	$ 2,237,471	$ 2,309,118

Subordinated Debt (Narrative) (

Subordinated Debt (Narrative) (Details) - USD ($)	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020	Jul. 30, 2018
Trust Preferred Securities Subject to Mandatory Redemption [Member]
Subordinated Borrowing [Line Items]
Variable interest rate spread	2.65%
Trust preferred securities	$ 4,124,000
Fixed To Floating Rate Subordinated Debentures [Member]
Subordinated Borrowing [Line Items]
Face amount			$ 33,500,000
Notes term	10 years
Redemption restriction period	5 years
Deferred finance costs	$ 407,000	$ 582,000
Fixed To Floating Rate Subordinated Debentures [Member] | First Five Years [Member]
Subordinated Borrowing [Line Items]
Interest rate	5.625%
Fixed To Floating Rate Subordinated Debentures [Member] | After Five Years [Member]
Subordinated Borrowing [Line Items]
Variable interest rate spread	2.72%

Lease Obligations (Narrative) (

Lease Obligations (Narrative) (Details) - item	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Lessee, Lease, Description [Line Items]
Number of operating leases	28
Weighted average remaining lease term, operating leases	6 years 1 month 6 days	6 years 6 months 25 days
Weighted average discount rate, operating leases	2.60%	2.67%
Minimum [Member]
Lessee, Lease, Description [Line Items]
Remaining lease terms	1 year
Maximum [Member]
Lessee, Lease, Description [Line Items]
Remaining lease terms	12 years

Lease Obligations (Schedule of

Lease Obligations (Schedule of Lease Information) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Lease Obligations [Abstract]
Operating lease cost	$ 917	$ 850	$ 2,801	$ 2,559
Variable lease cost-operating leases	236	201	726	599
Operating lease right-of-use assets	13,245		13,245		$ 14,988
Current liabilities	3,375		3,375		3,348
Operating lease liabilities (noncurrent portion)	11,315		11,315		13,298
Deferred Expenses	(1,157)	$ (1,422)	(1,157)	$ (1,422)	(1,422)
Total Operating Lease Liabilities	$ 13,533		$ 13,533		$ 15,224

Lease Obligations (Summary of M

Lease Obligations (Summary of Maturity of Lease Obligations for Operating Leases) (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Lease Obligations [Abstract]
One year or less	$ 3,375	$ 3,348
Over one year through three years	4,783	5,424
Over three years through five years	3,154	3,459
Over five years	3,378	4,415
Gross Operating Lease Liabilities	14,690	16,646
Deferred Expenses	(1,157)	(1,422)	$ (1,422)
Total Operating Lease Liabilities	$ 13,533	$ 15,224

Subsequent Events (Narrative) (

Subsequent Events (Narrative) (Details) - Subsequent Event [Member]	Oct. 31, 2021$ / shares
Subsequent Event [Line Items]
Date declared	Oct. 13, 2021
Dividends per common share	$ 0.16
Date of record	Nov. 1, 2021
Date paid	Nov. 15, 2021