BCB Bancorp (BCBP) 10-Q 2 Nov 23 2023 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2023	Nov. 01, 2023
Document And Entity Information [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2023
Document Transition Report	false
Entity File Number	0-50275
Entity Registrant Name	BCB Bancorp, Inc.
Entity Incorporation State Country Code	NJ
Entity Tax Identification Number	26-0065262
Entity Address Address Line 1	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
Security 12b Title	Common Stock, no par value
Trading Symbol	BCBP
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock Shares Outstanding		16,848,006
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2023
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, 2023	Dec. 31, 2022
ASSETS
Cash and amounts due from depository institutions		$ 16,772	$ 11,520
Interest-earning deposits		235,144	217,839
Total cash and cash equivalents		251,916	229,359
Interest-earning time deposits		735	735
Debt securities available for sale		86,172	91,715
Equity investments		8,272	17,686
Loans held for sale		472	658
Loans receivable, net of allowance for credit losses of $31,914 and $32,373 respectively	[1]	3,285,727	3,045,331
Federal Home Loan Bank of New York stock, at cost		31,629	20,113
Premises and equipment, net		13,363	10,508
Accrued interest receivable		16,175	13,455
Other real estate owned		75	75
Deferred income taxes		16,749	16,462
Goodwill and other intangibles		5,288	5,382
Operating lease right-of-use assets		12,953	13,520
Bank-owned life insurance ("BOLI")		72,810	71,656
Other assets		9,784	9,538
Total Assets		3,812,120	3,546,193
LIABILITIES
Non-interest-bearing deposits		523,912	613,910
Interest bearing deposits		2,295,644	2,197,697
Total deposits		2,819,556	2,811,607
FHLB advances		622,674	382,261
Subordinated debentures		37,624	37,508
Operating lease liability		13,318	13,859
Other liabilities		15,312	9,704
Total Liabilities		3,508,484	3,254,939
STOCKHOLDERS' EQUITY
Preferred stock: $0.01 par value, 10,000,000 shares authorized; issued and outstanding 2,101 shares of Series H 3.5% and Series I 3.0%, (liquidation value $10,000 per share) noncumulative perpetual preferred stock at September 30, 2023 and 2,123 shares of Series H 3.5% and Series I 3.0% at December 31, 2022, respectively
Additional paid-in capital preferred stock		20,783	21,003
Common stock: no par value; 40,000,000 shares authorized; issued 20,081,977 and 19,898,197 at September 30, 2023 and December 31, 2022, respectively, outstanding 16,848,006 and 16,930,979, at September 30, 2023 and December 31, 2022, respectively
Additional paid-in capital common stock		198,097	196,164
Retained earnings		132,729	115,109
Accumulated other comprehensive loss		(9,626)	(6,491)
Treasury stock, at cost, 3,233,971 and 2,967,218 shares at September 30, 2023 and December 31, 2022, respectively		(38,347)	(34,531)
Total Stockholders' Equity		303,636	291,254
Total Liabilities and Stockholders' Equity		$ 3,812,120	$ 3,546,193
[1] The Company adopted ASU 2016-13 as of January 1, 2023. Prior year periods have not been restated.

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, 2023	Sep. 30, 2023	Dec. 31, 2022
Loans receivable, allowance for credit losses	$ 31,914	$ 31,914	$ 32,373
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	2,101	2,101	2,123
Preferred stock, shares outstanding	2,101	2,101	2,123
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	20,081,977	20,081,977	19,898,197
Common stock, shares outstanding	16,848,006	16,848,006	16,930,979
Treasury stock, shares	3,233,971	3,233,971	2,967,218
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
Series I Preferred Stock [Member]
Preferred stock, dividend rate	3%	3%	3%
Preferred stock, liquidation preference per share	$ 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, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Interest and dividend income:
Loans, including fees		$ 44,133	$ 32,302	$ 125,666	$ 87,404
Mortgage-backed securities		217	173	587	379
Other investment securities		1,045	1,103	3,235	2,990
FHLB stock and other interest earning assets		3,672	822	9,168	1,812
Total interest income		49,067	34,400	138,656	92,585
Deposits:
Demand		4,556	1,169	11,900	2,873
Savings and club		182	113	443	331
Certificates of deposit		10,922	1,087	25,849	2,916
Total deposits		15,660	2,369	38,192	6,120
Borrowings		7,727	1,080	20,324	2,701
Total interest expense		23,387	3,449	58,516	8,821
Net interest income		25,680	30,951	80,140	83,764
Provision (benefit) for credit losses	[1]	2,205		4,177	(2,575)
Net interest income after (provision) benefit for credit losses		23,475	30,951	75,963	86,339
Non-interest income:
Fees and service charges		1,349	1,251	3,889	3,678
BOLI income		466	646	1,154	2,087
Gain on sales of loans		19	18	25	126
Realized and unrealized losses on equity investments		(494)	(559)	(4,390)	(5,546)
Other		66	90	182	188
Total non-interest income		1,406	1,446	860	533
Non-interest expense:
Salaries and employee benefits		7,524	6,944	22,853	20,395
Occupancy and equipment		2,622	2,608	7,734	7,976
Data processing and communications		1,787	1,520	5,247	4,454
Professional fees		560	614	1,748	1,597
Director fees		274	375	809	992
Regulatory assessments		1,111	264	2,443	812
Advertising and promotional		317	286	945	681
Other real estate owned, net		1	1	3	6
Other		1,267	841	2,241	2,555
Total non-interest expense		15,463	13,453	44,023	39,468
Income before income tax provision		9,418	18,944	32,800	47,404
Income tax provision		2,707	5,552	9,379	13,897
Net Income		6,711	13,392	23,421	33,507
Preferred stock dividends		173	174	520	624
Net Income available to common stockholders		$ 6,538	$ 13,218	$ 22,901	$ 32,883
Net Income per common share-basic and diluted
Basic		$ 0.39	$ 0.78	$ 1.36	$ 1.94
Diluted		$ 0.39	$ 0.76	$ 1.35	$ 1.89
Weighted average number of common shares outstanding
Basic		16,830	16,982	16,868	16,986
Diluted		16,854	17,356	16,951	17,369
[1] The Company adopted ASU 2016-13 as of January 1, 2023. Prior year periods have not been restated.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Consolidated Statements of Comprehensive Income [Abstract]
Net Income	$ 6,711	$ 13,392	$ 23,421	$ 33,507
Unrealized losses on available-for-sale debt securities:
Unrealized holding losses arising during the period	(414)	(4,191)	(4,204)	(9,675)
Tax Effect	209	1,039	1,069	2,398
Other comprehensive loss	(205)	(3,152)	(3,135)	(7,277)
Comprehensive income	$ 6,506	$ 10,240	$ 20,286	$ 26,230

Consolidated Statement of Chang

Consolidated Statement of Changes in Stockholders' Equity - USD ($) $ in Thousands	Additional Paid-In Capital [Member] Adjusted Balance [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member] Effect of Adopting ASU No. 2016-13 ("CECL") [Member]	Retained Earnings [Member] Adjusted Balance [Member]	Retained Earnings [Member]	Treasury Stock [Member] Adjusted Balance [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Income (Loss) [Member] Adjusted Balance [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Effect of Adopting ASU No. 2016-13 ("CECL") [Member]	Adjusted Balance [Member]	Total
Beginning balance at Dec. 31, 2021		$ 222,850			$ 81,171		$ (31,125)		$ 1,128			$ 274,024
Net income					33,507							33,507
Other comprehensive income									(7,277)			(7,277)
Exercise of stock options		3										3
Stock-based compensation expense		458										458
Treasury stock purchases							(1,998)					(1,998)
Dividends payable on noncumulative perpetual preferred stock					(624)							(624)
Redemption of Series Preferred Stock		(14,730)										(14,730)
Issuance of Series I Preferred Stock		6,809										6,809
Cash dividends on common stock (per share declared)					(7,809)							(7,809)
Dividend reinvestment plan		351			(351)
Stock purchase plan		319										319
Ending balance at Sep. 30, 2022		216,060			105,894		(33,123)		(6,149)			282,682
Beginning balance at Dec. 31, 2021		222,850			81,171		(31,125)		1,128			274,024
Net income					23,421							23,421
Ending balance at Dec. 31, 2022	$ 217,167	217,167	$ 2,870	$ 117,979	115,109	$ (34,531)	(34,531)	$ (6,491)	(6,491)	$ 2,870	$ 294,124	291,254
Beginning balance at Jun. 30, 2022		211,130			95,393		(31,889)		(2,997)			271,637
Net income					13,392							13,392
Other comprehensive income									(3,152)			(3,152)
Exercise of stock options		3										3
Stock-based compensation expense		267										267
Treasury stock purchases							(1,234)					(1,234)
Dividends payable on noncumulative perpetual preferred stock					(174)							(174)
Issuance of Series I Preferred Stock		4,439										4,439
Cash dividends on common stock (per share declared)					(2,596)							(2,596)
Dividend reinvestment plan		121			(121)
Stock purchase plan		100										100
Ending balance at Sep. 30, 2022		216,060			105,894		(33,123)		(6,149)			282,682
Beginning balance at Dec. 31, 2022	$ 217,167	217,167	$ 2,870	$ 117,979	115,109	$ (34,531)	(34,531)	$ (6,491)	(6,491)	$ 2,870	$ 294,124	291,254
Net income												23,421
Other comprehensive income									(3,135)			(3,135)
Exercise of stock options		418										418
Stock-based compensation expense		402										402
Treasury stock purchases							(3,816)					(3,816)
Dividends payable on noncumulative perpetual preferred stock					(520)							(520)
Redemption of Series Preferred Stock		(220)										(220)
Cash dividends on common stock (per share declared)					(7,864)							(7,864)
Dividend reinvestment plan		287			(287)
Stock purchase plan		826										826
Ending balance at Sep. 30, 2023		218,880			132,729		(38,347)		(9,626)			303,636
Beginning balance at Jun. 30, 2023		218,524			128,867		(38,347)		(9,421)			299,623
Net income					6,711							6,711
Other comprehensive income									(205)			(205)
Stock-based compensation expense		185										185
Dividends payable on noncumulative perpetual preferred stock					(173)							(173)
Redemption of Series Preferred Stock		(220)										(220)
Cash dividends on common stock (per share declared)					(2,584)							(2,584)
Dividend reinvestment plan		92			(92)
Stock purchase plan		299										299
Ending balance at Sep. 30, 2023		$ 218,880			$ 132,729		$ (38,347)		$ (9,626)			$ 303,636

Consolidated Statement of Cha_2

Consolidated Statement of Changes in Stockholders' Equity (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Accounting Standards Update [Extensible Enumeration]			us-gaap:AccountingStandardsUpdate201613Member
Exercise of stock options (shares)		111,750	61,000	111,950
Treasury stock purchases (shares)		116,626	266,753	71,513
Stockholders’ equity	$ 303,636	$ 282,682	$ 303,636	$ 282,682
Cash dividends on common stock (per share)	$ 0.16	$ 0.16	$ 0.48	$ 0.48
Series D Preferred Stock [Member]
Preferred stock, dividend rate				4.50%
Series G Preferred Stock [Member]
Preferred stock, dividend rate				6%
Series H Preferred Stock [Member]
Preferred stock, dividend rate	3.50%	3.50%	3.50%	3.50%
Series I Preferred Stock [Member]
Preferred stock, dividend rate	3%	3%	3%	3%

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022
Cash Flows from Operating Activities:
Net Income		$ 23,421	$ 33,507
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of premises and equipment		1,480	1,735
Amortization and accretion, net		(1,835)	(1,005)
Provision (benefit) for credit losses	[1]	4,177	(2,575)
Deferred income tax expense (benefit)		782	(505)
Loans originated for sale		(1,528)	(5,733)
Proceeds from sales of loans		1,739	6,811
Gain on sales of loans originated for sale		(25)	(126)
Realized and unrealized losses on equity investments		4,390	5,546
Stock-based compensation expense		402	458
BOLI Income		(1,154)	(2,087)
(Increase) decrease in accrued interest receivable		(2,720)	(1,910)
(Increase) decrease in other assets		(246)	700
Increase (decrease) in accrued interest payable		2,662	(214)
Increase (decrease) in other liabilities		2,946	(1,841)
Net Cash Provided by Operating Activities		34,491	32,761
Cash flows from investing activities:
Proceeds from repayments, calls, and maturities on securities available for sale		13,653	9,310
Purchases of securities		(12,498)	(26,968)
Proceeds from sales of securities		5,024	1,232
Net increase in loans receivable		(239,035)	(477,429)
Proceeds from BOLI			3,500
Additions to premises and equipment		(4,335)	(221)
Purchase of Federal Home Loan Bank of New York stock		(11,516)	(6,304)
Net Cash Used In Investing Activities		(248,707)	(496,880)
Cash flows from financing activities:
Net increase in deposits		7,949	151,544
Proceeds from Federal Home Loan Bank of New York Long Term Advances		400,000
Net change in Federal Home Loan Bank of New York Short Term Advances		(160,000)	140,000
Purchases of treasury stock		(3,816)	(1,998)
Cash dividends paid on common stock		(7,864)	(7,809)
Cash dividends paid on preferred stock		(520)	(624)
Net proceeds from issuance of common stock		826	319
Net proceeds from issuance of preferred stock			6,809
Payments for redemption of preferred stock		(220)	(14,730)
Exercise of stock options		418	3
Net Cash Provided by Financing Activities		236,773	273,514
Net Increase (Decrease) in Cash and Cash Equivalents		22,557	(190,605)
Cash and Cash Equivalents-Beginning		229,359	411,629
Cash and Cash Equivalents-Ending		251,916	221,024
Supplementary Cash Flow Information:
Cash paid during the period for: Income taxes		12,322	13,615
Cash paid during the period for: Interest		$ 55,853	$ 9,036
[1] The Company adopted ASU 2016-13 as of January 1, 2023. Prior year periods have not been restated.

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2023
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, 2022, 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, 2022 and the date these consolidated financial statements were issued. Risks and Uncertainties - The occurrence of events which adversely affect the global, national and regional economies may have a negative impact on our business. Like other financial institutions, our business relies upon the ability and willingness of our customers to transact business with us, including banking, borrowing and other financial transactions. A strong and stable economy at each of the local, federal and global levels is often a critical component of consumer confidence and typically correlates positively with our customers’ ability and willingness to transact certain types of business with us. Local and global events outside of our control which disrupt the New Jersey, New York, United States and/or global economy may therefore negatively impact our business and financial condition. A public health crisis such as the COVID-19 pandemic is no exception, and its adverse health and economic effects may adversely impact our business and financial condition.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	9 Months Ended
	Sep. 30, 2023
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	Note 2 - Recent Accounting Pronouncements In December 2022, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848. The amendments in this ASU defer the sunset date of Topic 848 from December 31, 2022 to December 31, 2024, after which entities will no longer be permitted to apply the relief in Topic 848. The ASU is effective upon issuance. The FASB had previously issued 2020-04 - Facilitation of the Effects of Reference Rate Reform on Financial Reporting and related amendments in 2020 to ease the potential burden in accounting for reference rate reform. The amendments in ASU 2020-04 were elective and applied to all entities that have contracts, hedging relationships, and other transactions that reference the London Inter-bank Offer Rate (“LIBOR”) or another reference rate expected to be discontinued due to reference rate reform. The Company does not expect such adoption of the new ASU to have an impact on the Company’s consolidated financial instruments. The Company adopted ASU 2016-13 on January 1, 2023 for all financial assets measured at amortized cost and off-balance sheet credit exposures using the modified retrospective method. Results for the three and nine months ended September 30, 2023 are presented under Accounting Standards Codification 326, Financial Instruments – Credit Losses, while prior period amounts continue to be reported with previously applicable GAAP and have not been restated. Effective January 1, 2023, the Company recorded a $ 4.2 million decrease in allowance for credit losses on loans that is referred to as the current expected credit loss (“CECL”) methodology (previously allowance for loan losses), an elimination of $ 1.1 million of reserves related to acquired loans, and a $ 1.3 million increase related to allowance for off-balance sheet credit exposures included in other liabilities section of the consolidated statements of financial condition, which resulted in a total cumulative effect adjustment of $ 2.9 million and an increase to retained earnings a component of the stockholders’ equity (net of tax). Further information regarding the impact of CECL can be found in Note 7 – Loan Receivable and Allowance for Credit Losses . Allowance for Credit Losses The allowance for credit losses represents the estimated amount considered necessary to cover lifetime expected credit losses inherent in financial assets at the balance sheet date. The measurement of expected credit losses is applicable to loans receivable and securities measured at amortized cost. It also applies to off-balance sheet credit exposures such as loan commitments and unused lines of credit. The allowance is established through a provision for credit losses that is charged against income. The methodology for determining the allowance for credit losses is considered a critical accounting policy by management because of the high degree of judgment involved, the subjectivity of the assumptions used, and the potential for changes in the forecasted economic environment that could result in changes to the amount of the recorded allowance for credit losses. The allowance for credit losses is reported separately as a contra-asset on the consolidated statement of financial condition. The expected credit loss for unfunded lending commitments and unfunded loan commitments is reported on the consolidated statement of financial condition in other liabilities while the provision for credit losses related to unfunded commitments is reported in other non-interest expense. Allowance for Credit Losses on Loans Receivable The allowance for credit losses on loans is deducted from the amortized cost basis of the loan to present the net amount expected to be collected. Expected losses are evaluated and calculated on a collective, or pooled, basis for those loans which share similar risk characteristics. If the loan does not share risk characteristics with other loans, the Company will evaluate the loan on an individual basis. Individually evaluated loans are primarily non-accrual and collateral dependent loans. Furthermore, the Company evaluates the pooling methodology at least annually to ensure that loans with similar risk characteristics are pooled appropriately. Loans are charged off against the allowance for credit losses when the Company believes the balances to be uncollectible. Expected recoveries do not exceed the aggregate of amounts previously charged off or expected to be charged off. The Company has chosen to segment its portfolio consistent with the manner in which it manages credit risk. The Company calculates estimated credit losses for these loan segments using quantitative models and qualitative factors. Further information on loan segmentation and the credit loss estimation is included in Note 7 – Loan Receivables and Allowance for Credit Losses. Individually Evaluated Loans On a case-by-case basis, the Company may conclude that a loan should be evaluated on an individual basis based on its disparate risk characteristics. When the Company determines that a loan no longer shares similar risk characteristics with other loans in the portfolio, the allowance will be determined on an individual basis using the present value of expected cash flows or, for collateral-dependent loans, the fair value of the collateral as of the reporting date, less estimated selling costs, as applicable. If the fair value of the collateral is less than the amortized cost basis of the loan, the Company will charge off the difference between the fair value of the collateral, less costs to sell at the reporting date and the amortized cost basis of the loan. Allowance for Credit Losses on Off-Balance Sheet Commitments The Company is required to include unfunded commitments that are expected to be funded in the future within the allowance calculation, other than those that are unconditionally cancelable. To arrive at that reserve, the reserve percentage for each applicable segment is applied to the unused portion of the expected commitment balance and is multiplied by the expected funding rate. As noted above, the allowance for credit losses on unfunded loan commitments is included in other liabilities on the consolidated statement of financial condition and the related credit expense is recorded in other non-interest expense in the consolidated statements of income. Allowance for Credit Losses on Available for Sale Securities For available for sale securities in an unrealized loss position, the Company first assesses whether it intends to sell, or it is more than likely than not that it will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through income. For securities available for sale that do not meet the above criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, the Company considers the extent to which fair value is less than amortized cost and adverse conditions related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of the cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost. Any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income, net of tax. The Company elected the practical expedient of zero loss estimates for securities issued by U.S. government entities and agencies. These securities are either explicitly or implicitly guaranteed by the U.S. government, are highly rate by major agencies and have a long history of no credit losses. Changes in the allowance for credit losses are recorded as provision for, or reversal of, credit loss expense. Losses are charged against the allowance when management believes the uncollectibility of an available for sale security is confirmed or when either of the criteria regarding intent or requirement to sell is met.

Reclassification

Reclassification	9 Months Ended
	Sep. 30, 2023
Reclassification [Abstract]
Reclassification	Note 3 – Reclassification Certain amounts 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, 2023
Equity Incentive Plans [Abstract]
Equity Incentive Plans	Note 4 – Equity Incentive Plans Equity Incentive Plans Under the 2018 Equity Incentive Plan, on January 12, 2022, awards of 33,000 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 September 30, 2022, awards of 36,000 shares of restricted stock, in aggregate, were declared for certain executive officers of the Bank and the Company, which fully vested on November 30, 2022. On January 31, 2023, awards of 27,000 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. The Company, under the plan approved by its shareholders on April 27, 2023 (“2023 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, restricted stock awards, restricted stock units, and performance awards. Employees and directors of the Company and the Bank are eligible to participate in the 2023 Equity Incentive 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. On June 30, 2023, an award of 25,252 shares of restricted stock was declared for a director and executive officer of the Bank and the Company, which fully vests on the anniversary of the award date. 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, 2023 and 2022. Number of Shares Awarded Weighted Average Grant Date Fair Value Non-vested at January 1, 2023 48,150 $ 14.83 Granted 52,252 15.01 Vested ( 13,650 ) 14.60 Forfeited - - Non-vested at September 30, 2023 86,752 $ 14.98 Number of Shares Awarded Weighted Average Grant Date Fair Value Non-vested at January 1, 2022 26,700 $ 12.89 Granted 69,000 17.05 Vested ( 9,150 ) 13.91 Forfeited - - Non-vested at September 30, 2022 86,550 $ 16.19 Restricted stock expense for the nine months ended September 30, 2023 and September 30, 2022 was $ 303,000 and $ 278,000 , respectively. Expected future expenses relating to the non-vested restricted shares outstanding as of September 30, 2023 was approximately $ 960,000 over a weighted average period of 2.25 years . The following table presents a summary of the status of the Company’s outstanding stock option awards as of September 30, 2023. Number of Option Shares Range of Exercise Prices Weighted Average Exercise Price Outstanding at January 1, 2023 1,036,975 $ 9.03 - 13.68 $ 11.72 Options granted - - - Options exercised ( 61,000 ) 9.03 9.03 Options forfeited - - - Options expired - - - Outstanding at September 30, 2023 975,975 $ 10.55 - 13.68 $ 11.89 As of September 30, 2023, stock options which were granted and were exercisable totaled 800,895 . It is Company policy to issue new shares upon share option exercise. Compensation expense for the nine months ended September 30, 2023 and September 30, 2022 was $ 99,000 and $ 180,000 , respectively. Expected future compensation expense relating to the 175,080 shares of unvested options outstanding as of September 30, 2023 was $ 302,000 over a weighted average period of 3.12 years.

Net Income per Common Share

Net Income per Common Share	9 Months Ended
	Sep. 30, 2023
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, 2023 and 2022, the difference in the weighted average number of basic and diluted common shares was due solely to the effects of outstanding stock options. For the three and nine months ended September 30, 2023 and 2022, there were no outstanding options considered to be anti-dilutive. 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, 2023 2022 Income Shares Per Share Income Shares Per Share (Numerator) (Denominator) Amount (Numerator) (Denominator) Amount (In Thousands, except per share data) Basic earnings per share: Income available to common stockholders $ 6,538 16,830 $ 0.39 $ 13,218 16,982 $ 0.78 Effect of dilutive securities: Stock options - 24 - 374 Diluted earnings per share: Income available to common stockholders $ 6,538 16,854 $ 0.39 $ 13,218 17,356 $ 0.76 For the Nine Months Ended September 30, 2023 2022 Income Shares Per Share Income Shares Per Share (Numerator) (Denominator) Amount (Numerator) (Denominator) Amount (In Thousands, except per share data) Basic earnings per share: Income available to common stockholders $ 22,901 16,868 $ 1.36 $ 32,883 16,986 $ 1.94 Effect of dilutive securities: Stock options - 83 - 383 Diluted earnings per share: Income available to common stockholders $ 22,901 16,951 $ 1.35 $ 32,883 17,369 $ 1.89

Securities

Securities	9 Months Ended
	Sep. 30, 2023
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 months and nine months ended September 30, 2023 and 2022: For the three months ended September 30, For the nine months ended September 30, (In Thousands) 2023 2022 2023 2022 Net losses recognized during the period on equity securities held at the reporting date $ ( 436 ) $ ( 559 ) $ ( 4,157 ) $ ( 5,487 ) Net losses recognized during the period on equity securities sold during the period ( 58 ) - ( 233 ) ( 59 ) Realized and unrealized losses on equity investments during the reporting period $ ( 494 ) $ ( 559 ) $ ( 4,390 ) $ ( 5,546 ) 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, 2023 and December 31, 2022: September 30, 2023 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value (In Thousands) Residential Mortgage-backed securities: More than one to five years $ 708 $ - $ 41 $ 667 More than five to ten years 4,388 - 381 4,007 More than ten years 33,604 - 4,613 28,991 Sub-total: 38,700 - 5,035 33,665 Corporate Debt securities: More than one to five years 6,000 - 115 5,885 More than five to ten years 53,564 - 6,942 46,622 Sub-total: 59,564 - 7,057 52,507 Total securities $ 98,264 $ - $ 12,092 $ 86,172 December 31, 2022 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value (In Thousands) Residential Mortgage-backed securities: More than five to ten years 5,445 - 350 5,095 More than ten years 23,210 - 3,435 19,775 Sub-total: 28,655 - 3,785 24,870 Corporate Debt securities: Due within one year 7,321 - 91 7,230 More than five to ten years 59,629 - 4,005 55,624 Sub-total: 66,950 - 4,096 62,854 Municipal obligations: Due after ten years 3,997 - 6 3,991 Sub-total: 3,997 - 6 3,991 Total Debt Securities Available for Sale $ 99,602 $ - $ 7,887 $ 91,715 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, 2023 Residential Mortgage-backed securities $ 11,987 $ 489 $ 21,677 $ 4,546 $ 33,664 $ 5,035 Corporate Debt securities 22,980 2,506 28,228 4,551 51,208 7,057 $ 34,967 $ 2,995 $ 49,905 $ 9,097 $ 84,872 $ 12,092 December 31, 2022 Residential Mortgage-backed securities $ 17,362 $ 2,022 $ 7,508 $ 1,763 $ 24,870 $ 3,785 Corporate Debt Securities 51,607 3,199 9,948 897 61,555 4,096 Municipal Obligations 3,991 6 - - 3,991 6 $ 72,960 $ 5,227 $ 17,456 $ 2,660 $ 90,416 $ 7,887

Loans Receivable and Allowance

Loans Receivable and Allowance for Credit Losses	9 Months Ended
	Sep. 30, 2023
Loans Receivable and Allowance for Credit Losses [Abstract]
Loans Receivable and Allowance for Credit Losses	90 Days Past Due Past Due 90 Days Due Current Receivable and Accruing (In Thousands) Residential one-to-four family $ 50 $ 856 $ 178 $ 1,084 $ 250,761 $ 251,845 $ - Commercial and multi-family 12,195 6,378 3,267 21,840 2,423,047 2,444,887 - Construction - 2,045 2,886 4,931 180,271 185,202 - Commercial business (1) 2,056 3,095 798 5,949 364,563 370,512 - Home equity (2) 472 164 - 636 65,410 66,046 - Consumer - 1 - 1 3,646 3,647 - Total $ 14,773 $ 12,539 $ 7,129 $ 34,441 $ 3,287,698 $ 3,322,139 $ - ( 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, 2022: 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 $ 253 $ 314 $ - $ 567 $ 249,556 $ 250,123 $ - Commercial and multi-family 2,163 428 - 2,591 2,342,638 2,345,229 - Construction - - 3,180 3,180 141,751 144,931 - Commercial business (1) 190 1,115 1,086 2,391 279,616 282,007 - Home equity (2) 699 - - 699 56,189 56,888 - Consumer - - - - 3,240 3,240 - Total $ 3,305 $ 1,857 $ 4,266 $ 9,428 $ 3,072,990 $ 3,082,418 $ - (1) Includes business lines of credit. (2) Includes home equity lines of credit. Note 7 - Loans Receivable and Allowance for Credit Losses (Continued) The table below sets forth the amounts and types of non-accrual loans in the Bank’s loan portfolio at September 30, 2023 and December 31, 2022, 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, 2023, and December 31, 2022, non-accrual loans differed from the amount of total loans past due 90 days due to loans 90 days past due and still accruing, or loans that were previously 90 days past due 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 $ 303,000 at September 30, 2023 and $ 843,000 at December 31, 2022 in non-accrual loans that were less than ninety days past due. As of September 30, 2023 As of December 31, 2022 (In Thousands) (In Thousands) Non-Accruing Loans: Residential one-to-four family $ 178 $ 243 Commercial and multi-family 3,267 346 Construction 2,886 3,180 Commercial business (1) 1,600 1,340 Total $ 7,931 $ 5,109 _________ (1) Includes business 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, 2023 and the twelve months ended December 31, 2022 would have been approximately $ 1.5 million and $ 1.0 million, respectively. The Bank has not committed to lend additional funds to the borrowers whose loans have been placed on non-accrual status. At September 30, 2023 and December 31, 2022 there were no loans more than 90 days past due and still accruing interest. Note 7 - Loans Receivable and Allowance for Credit 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.” 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 “non-accrual” 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. Note 7 - Loans Receivable and Allowance for Credit Losses (Continued) The following table summarizes the Company's loans by year of origination and internally assigned credit risk rating at September 30, 2023 and gross charge-offs for the nine months ended September 30, 2023. Loans by Year of Origination at September 30, 2023 2023 2022 2021 2020 2019 Prior Revolving Loans Revolving Loans to Term Loans Total Residential one-to-four family Pass $ 16,805 $ 54,608 $ 38,402 $ 31,622 $ 12,184 $ 96,050 $ - $ - $ 249,671 Special Mention - 496 91 - - 91 - - 678 Substandard - - 1,318 - - 178 - - 1,496 Total one-to-four family $ 16,805 $ 55,104 $ 39,811 $ 31,622 $ 12,184 $ 96,319 $ - $ - $ 251,845 Commercial and multi-family Pass $ 219,180 $ 822,626 $ 226,073 $ 217,855 $ 52,614 $ 848,504 $ 1,922 $ - $ 2,388,774 Special Mention - - - - - 26,690 - - 26,690 Substandard - 3,071 4,079 3,575 - 18,698 - - 29,423 Total Commercial and multi-family $ 219,180 $ 825,697 $ 230,152 $ 221,430 $ 52,614 $ 893,892 $ 1,922 $ - $ 2,444,887 Construction Pass $ 15,108 $ 75,672 $ 57,434 $ 20,499 $ - $ 5,878 $ 5,681 $ - $ 180,272 Special Mention - - - - - - - - - Substandard - 1,458 - 586 - 2,886 - - 4,930 Total Construction $ 15,108 $ 77,130 $ 57,434 $ 21,085 $ - $ 8,764 $ 5,681 $ - $ 185,202 Commercial business Pass $ 2,553 $ 305 $ 3,314 $ 4,333 $ 7,143 $ 36,487 $ 304,133 $ - $ 358,268 Special Mention - - - - 369 1,666 3,582 - 5,617 Substandard - - - - - 3,597 3,030 - 6,627 Total Commercial business $ 2,553 $ 305 $ 3,314 $ 4,333 $ 7,512 $ 41,750 $ 310,745 $ - $ 370,512 Home equity Pass $ 4,189 $ 1,704 $ 565 $ 782 $ 1,306 $ 6,601 $ 50,074 $ 496 $ 65,717 Special Mention - - - - - - - - - Substandard - - - - - - 117 212 329 Total Home equity $ 4,189 $ 1,704 $ 565 $ 782 $ 1,306 $ 6,601 $ 50,191 $ 708 $ 66,046 Consumer Pass $ 1,463 $ 493 $ 1,524 $ 112 $ 47 $ - $ 8 $ - $ 3,647 Special Mention - - - - - - - - - Substandard - - - - - - - - - Total Consumer $ 1,463 $ 493 $ 1,524 $ 112 $ 47 $ - $ 8 $ - $ 3,647 Total Loans $ 259,298 $ 960,433 $ 332,800 $ 279,364 $ 73,663 $ 1,047,326 $ 368,547 $ 708 $ 3,322,139 Gross charge-offs $ 250 $ 305 $ - $ - $ - $ - $ - $ - $ 555 Note 7 - Loans Receivable and Allowance for Credit Losses (Continued) The following table summarizes the Company's loans by year of origination and internally assigned credit risk rating at December 31, 2022. Loans by Year of Origination at December 31, 2022 2022 2021 2020 2019 2018 Prior Revolving Loans Revolving Loans to Term Loans Total Residential one-to-four family Pass $ 56,893 $ 40,465 $ 33,019 $ 12,959 $ 23,918 $ 82,144 $ - $ - $ 249,398 Special Mention - - - - - 303 - - 303 Substandard - 179 - - - 243 - - 422 Total one-to-four family $ 56,893 $ 40,644 $ 33,019 $ 12,959 $ 23,918 $ 82,690 $ - $ - $ 250,123 Commercial and multi-family Pass $ 854,299 $ 234,441 $ 235,830 $ 55,752 $ 312,353 $ 628,191 $ - $ - $ 2,320,866 Special Mention - - - - - 14,183 - - 14,183 Substandard 599 - - - 8,000 1,581 - - 10,180 Total Commercial and multi-family $ 854,898 $ 234,441 $ 235,830 $ 55,752 $ 320,353 $ 643,955 $ - $ - $ 2,345,229 Construction Pass $ 51,783 $ 58,827 $ 17,518 $ - $ 1,794 $ 4,031 $ 7,798 $ - $ 141,751 Special Mention - - - - - - - - - Substandard - - - - 3,180 - - - 3,180 Total Construction $ 51,783 $ 58,827 $ 17,518 $ - $ 4,974 $ 4,031 $ 7,798 $ - $ 144,931 Commercial business Pass $ 70 $ 5,331 $ 5,470 $ 8,070 $ 22,940 $ 19,487 $ 212,402 $ - $ 273,770 Special Mention - - - 431 - 1,600 2,385 - 4,416 Substandard - - - - 2,686 758 377 - 3,821 Total Commercial business $ 70 $ 5,331 $ 5,470 $ 8,501 $ 25,626 $ 21,845 $ 215,164 $ - $ 282,007 Home equity Pass $ 1,541 $ 643 $ 830 $ 1,390 $ 1,465 $ 6,437 $ 43,857 $ 513 $ 56,676 Special Mention - - - - - - - - - Substandard - - - - - - - 212 212 Total Home equity $ 1,541 $ 643 $ 830 $ 1,390 $ 1,465 $ 6,437 $ 43,857 $ 725 $ 56,888 Consumer Pass $ 994 $ 2,034 $ 139 $ 67 $ - $ - $ 6 $ - $ 3,240 Special Mention - - - - - - - - - Substandard - - - - - - - - - Total Consumer $ 994 $ 2,034 $ 139 $ 67 $ - $ - $ 6 $ - $ 3,240 Total Loans $ 966,179 $ 341,920 $ 292,806 $ 78,669 $ 376,336 $ 758,958 $ 266,825 $ 725 $ 3,082,418 " id="sjs-B4" xml:space="preserve">Note 7 - Loans Receivable and Allowance for Credit Losses The following tables present the recorded investment in loans receivable as of September 30, 2023 and December 31, 2022 by segment and class: September 30, 2023 December 31, 2022 (In Thousands) Residential one-to-four family $ 251,845 $ 250,123 Commercial and multi-family 2,444,887 2,345,229 Construction 185,202 144,931 Commercial business (1) 370,512 282,007 Home equity (2) 66,046 56,888 Consumer 3,647 3,240 3,322,139 3,082,418 Less: Deferred loan fees, net ( 4,498 ) ( 4,714 ) Allowance for credit losses (3) ( 31,914 ) ( 32,373 ) Total Loans, net $ 3,285,727 $ 3,045,331 (1) Includes business lines of credit. (2) Includes home equity lines of credit. (3) The Company adopted ASU 2016-13 on January 1, 2023 with a modified retrospective approach. Accordingly, at September 30, 2023, the allowance for credit losses was determined in accordance with ASC 326, “Financial Instruments-Credit Losses”. Note 7 – Loans Receivable and Allowance for Credit Losses (Continued) Allowance for Credit Losses The Company engages a third-party vendor to assist in the CECL calculation and has established a robust internal governance framework to oversee the quarterly estimation process for the allowance for credit losses (“ACL”). The ACL calculation methodology relies on regression-based discounted cash flow (“DCF”) models that correlate relationships between certain financial metrics and external market and macroeconomic variables. Following are some of the key factors and assumptions that are used in the Company’s CECL calculations:  methods based on probability of default and loss given default which are modeled based on macroeconomic scenarios;  a reasonable and supportable forecast period determined based on management’s current review of macroeconomic environment;  a reversion period after the reasonable and supportable forecast period;  estimated prepayment rates based on the Company’s historical experience and future macroeconomic environment;  estimated credit utilization rates based on the Company’s historical experience and future macroeconomic environment; and  incorporation of qualitative factors not captured within the modeled results. The qualitative factors include but are not limited to changes in lending policies, business conditions, changes in the nature and size of the portfolio, portfolio concentrations, and external factors such as competition. Allowance for credit losses are aggregated for the major loan segments, with similar risk characteristics, summarized below. However, for the purposes of calculating the reserves, these segments may be further broken down into loan classes by risk characteristics that include but are not limited to regulatory call codes, industry type, geographic location, and collateral type. 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 general economic conditions. 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. Other 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. Note 7 - Loans Receivable and Allowance for Credit Losses (Continued) The following table sets forth the activity in the Company’s allowance for credit losses for the three and nine months ended September 30, 2023, and the related portion of the allowances for credit losses that is allocated to each loan class, as of September 30, 2023 (in thousands): Residential Commercial & Multi-family Construction Commercial Business (1) Home Equity (2) Consumer Unallocated Total Allowance for credit losses: Beginning Balance, July 1, 2023 $ 2,453 $ 15,045 $ 4,090 $ 7,864 $ 722 $ 31 - $ 30,205 Charge-offs: - - - ( 515 ) - - ( 515 ) Recoveries: 14 - - 5 - - - 19 Provision (benefit): ( 23 ) ( 595 ) 573 2,297 ( 54 ) 7 - 2,205 Ending Balance, September 30, 2023 2,444 14,450 4,663 9,651 668 38 - 31,914 Ending Balance attributable to loans: Individually evaluated - - 608 2,164 - - - 2,772 Collectively evaluated 2,444 14,450 4,055 7,487 668 38 - 29,142 Ending Balance, September 30, 2023 2,444 14,450 4,663 9,651 668 38 - 31,914 Loans Receivables: Individually evaluated 355 23,843 4,931 6,527 212 - - 35,868 Collectively evaluated 251,490 2,421,044 180,271 363,985 65,834 3,647 - 3,286,271 Total Gross Loans: $ 251,845 $ 2,444,887 $ 185,202 $ 370,512 $ 66,046 $ 3,647 $ - $ 3,322,139 (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 credit losses: Ending Balance December 31, 2022 2,474 21,749 2,094 5,367 485 24 180 32,373 Effect of adopting ASU No. 2016-13 ("CECL") 144 ( 7,123 ) 1,387 1,418 182 7 ( 180 ) ( 4,165 ) Beginning Balance, January 1, 2023 $ 2,618 $ 14,626 $ 3,481 $ 6,785 $ 667 $ 31 $ - $ 28,208 Charge-offs: - - - ( 555 ) - - - ( 555 ) Recoveries: 38 - - 30 16 - - 84 Provision (benefit): ( 212 ) ( 176 ) 1,182 3,391 ( 15 ) 7 - 4,177 Ending Balance, September 30, 2023 $ 2,444 $ 14,450 $ 4,663 $ 9,651 $ 668 $ 38 $ - $ 31,914 (1) Includes business lines of credit. (2) Includes home equity lines of credit. Note 7 - Loans Receivable and Allowance for Credit Losses (Continued) The following table sets forth the activity in the Company’s allowance for credit losses for the three and nine months ended September 30, 2022, and the related portion of the allowances for credit losses that is allocated to each loan class, as of September 30, 2022 (in thousands): Residential Commercial & Multi-family Construction Commercial Business (1) Home Equity (2) Consumer Unallocated Total Allowance for credit losses: Beginning Balance, July 1, 2022 $ 2,565 $ 21,157 $ 2,348 $ 7,639 $ 387 $ 17 $ - $ 34,113 Charge-offs: - - - ( 931 ) - - - ( 931 ) Recovery: 7 - - 2 4 - - 13 Provision (benefit): ( 374 ) 390 96 ( 993 ) 75 3 803 - Ending Balance September 30, 2022 $ 2,198 $ 21,547 $ 2,444 $ 5,717 $ 466 $ 20 $ 803 $ 33,195 Ending Balance attributable to loans: Individually evaluated $ 204 $ - $ 519 $ 3,509 $ 6 $ - $ - $ 4,238 Collectively evaluated 1,994 21,547 1,925 2,208 460 20 803 28,957 Ending Balance September 30, 2022 $ 2,198 $ 21,547 $ 2,444 $ 5,717 $ 466 $ 20 $ 803 $ 33,195 Loans Receivables: Individually evaluated $ 4,914 $ 27,090 $ 3,180 $ 4,607 $ 733 $ - $ - $ 40,524 Collectively evaluated 237,324 2,137,230 149,923 201,054 55,331 2,545 - 2,783,407 Total Gross Loans: $ 242,238 $ 2,164,320 $ 153,103 $ 205,661 $ 56,064 $ 2,545 $ - $ 2,823,931 (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 credit losses: Beginning Balance, January 1, 2022 $ 4,094 $ 22,065 $ 2,231 $ 8,000 $ 533 $ 14 $ 182 $ 37,119 Charge-offs: - - - ( 1,703 ) - - - ( 1,703 ) Recovery: 9 - - 138 9 198 - 354 Provision (benefit): ( 1,905 ) ( 518 ) 213 ( 718 ) ( 76 ) ( 192 ) 621 ( 2,575 ) Ending Balance, September 30, 2022 $ 2,198 $ 21,547 $ 2,444 $ 5,717 $ 466 $ 20 $ 803 $ 33,195 (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, 2022. 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 credit 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 $ 196 $ - $ 518 $ 2,066 $ 4 $ - $ - $ 2,784 Collectively evaluated 2,278 21,749 1,576 3,301 481 24 180 29,589 Ending Balance, December 31, 2022 $ 2,474 $ 21,749 $ 2,094 $ 5,367 $ 485 $ 24 $ 180 $ 32,373 Loans Receivables: Individually evaluated $ 5,147 $ 15,397 $ 3,180 $ 3,821 $ 727 $ - $ - $ 28,272 Collectively evaluated 244,976 2,329,832 141,751 278,186 56,161 3,240 - 3,054,146 Total Gross Loans: $ 250,123 $ 2,345,229 $ 144,931 $ 282,007 $ 56,888 $ 3,240 $ - $ 3,082,418 (1) Includes business lines of credit. (2) Includes home equity lines of credit. Note 7 - Loans Receivable and Allowance for Credit Losses (Continued) The following table presents the activity in the allowance for credit losses on off-balance sheet exposures for the three and nine months ended September 30, 2023 (in thousands): Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 (In thousands) (In thousands) Allowance for Credit Losses: Beginning Balance $ 254 $ - Impact of adopting ASU No. 2016-13 ("CECL") effective January 1, 2022 - 1,266 Provision (benefit) 148 ( 864 ) Balance at September 30, 2023 $ 402 $ 402 Note 7 - Loans Receivable and Allowance for Credit Losses (Continued) The Company adopted Accounting Standards Update (“ASU”) 2022-02, Financial Instruments - Credit Losses (Topic 326) Troubled Debt Restructurings and Vintage Disclosures (“ASU 2022-02”) effective January 1, 2023. The amendments in ASU 2022-02 eliminated the recognition and measurement of troubled debt restructurings and enhanced disclosures for loan modifications to borrowers experiencing financial difficulty. The Company did not have any loans that were both experiencing financial difficulty and modified during the nine months ending September 30, 2023. The following table sets forth the delinquency status of total loans receivable as of September 30, 2023: 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 $ 50 $ 856 $ 178 $ 1,084 $ 250,761 $ 251,845 $ - Commercial and multi-family 12,195 6,378 3,267 21,840 2,423,047 2,444,887 - Construction - 2,045 2,886 4,931 180,271 185,202 - Commercial business (1) 2,056 3,095 798 5,949 364,563 370,512 - Home equity (2) 472 164 - 636 65,410 66,046 - Consumer - 1 - 1 3,646 3,647 - Total $ 14,773 $ 12,539 $ 7,129 $ 34,441 $ 3,287,698 $ 3,322,139 $ - ( 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, 2022: 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 $ 253 $ 314 $ - $ 567 $ 249,556 $ 250,123 $ - Commercial and multi-family 2,163 428 - 2,591 2,342,638 2,345,229 - Construction - - 3,180 3,180 141,751 144,931 - Commercial business (1) 190 1,115 1,086 2,391 279,616 282,007 - Home equity (2) 699 - - 699 56,189 56,888 - Consumer - - - - 3,240 3,240 - Total $ 3,305 $ 1,857 $ 4,266 $ 9,428 $ 3,072,990 $ 3,082,418 $ - (1) Includes business lines of credit. (2) Includes home equity lines of credit. Note 7 - Loans Receivable and Allowance for Credit Losses (Continued) The table below sets forth the amounts and types of non-accrual loans in the Bank’s loan portfolio at September 30, 2023 and December 31, 2022, 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, 2023, and December 31, 2022, non-accrual loans differed from the amount of total loans past due 90 days due to loans 90 days past due and still accruing, or loans that were previously 90 days past due 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 $ 303,000 at September 30, 2023 and $ 843,000 at December 31, 2022 in non-accrual loans that were less than ninety days past due. As of September 30, 2023 As of December 31, 2022 (In Thousands) (In Thousands) Non-Accruing Loans: Residential one-to-four family $ 178 $ 243 Commercial and multi-family 3,267 346 Construction 2,886 3,180 Commercial business (1) 1,600 1,340 Total $ 7,931 $ 5,109 _________ (1) Includes business 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, 2023 and the twelve months ended December 31, 2022 would have been approximately $ 1.5 million and $ 1.0 million, respectively. The Bank has not committed to lend additional funds to the borrowers whose loans have been placed on non-accrual status. At September 30, 2023 and December 31, 2022 there were no loans more than 90 days past due and still accruing interest. Note 7 - Loans Receivable and Allowance for Credit 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.” 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 “non-accrual” 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. Note 7 - Loans Receivable and Allowance for Credit Losses (Continued) The following table summarizes the Company's loans by year of origination and internally assigned credit risk rating at September 30, 2023 and gross charge-offs for the nine months ended September 30, 2023. Loans by Year of Origination at September 30, 2023 2023 2022 2021 2020 2019 Prior Revolving Loans Revolving Loans to Term Loans Total Residential one-to-four family Pass $ 16,805 $ 54,608 $ 38,402 $ 31,622 $ 12,184 $ 96,050 $ - $ - $ 249,671 Special Mention - 496 91 - - 91 - - 678 Substandard - - 1,318 - - 178 - - 1,496 Total one-to-four family $ 16,805 $ 55,104 $ 39,811 $ 31,622 $ 12,184 $ 96,319 $ - $ - $ 251,845 Commercial and multi-family Pass $ 219,180 $ 822,626 $ 226,073 $ 217,855 $ 52,614 $ 848,504 $ 1,922 $ - $ 2,388,774 Special Mention - - - - - 26,690 - - 26,690 Substandard - 3,071 4,079 3,575 - 18,698 - - 29,423 Total Commercial and multi-family $ 219,180 $ 825,697 $ 230,152 $ 221,430 $ 52,614 $ 893,892 $ 1,922 $ - $ 2,444,887 Construction Pass $ 15,108 $ 75,672 $ 57,434 $ 20,499 $ - $ 5,878 $ 5,681 $ - $ 180,272 Special Mention - - - - - - - - - Substandard - 1,458 - 586 - 2,886 - - 4,930 Total Construction $ 15,108 $ 77,130 $ 57,434 $ 21,085 $ - $ 8,764 $ 5,681 $ - $ 185,202 Commercial business Pass $ 2,553 $ 305 $ 3,314 $ 4,333 $ 7,143 $ 36,487 $ 304,133 $ - $ 358,268 Special Mention - - - - 369 1,666 3,582 - 5,617 Substandard - - - - - 3,597 3,030 - 6,627 Total Commercial business $ 2,553 $ 305 $ 3,314 $ 4,333 $ 7,512 $ 41,750 $ 310,745 $ - $ 370,512 Home equity Pass $ 4,189 $ 1,704 $ 565 $ 782 $ 1,306 $ 6,601 $ 50,074 $ 496 $ 65,717 Special Mention - - - - - - - - - Substandard - - - - - - 117 212 329 Total Home equity $ 4,189 $ 1,704 $ 565 $ 782 $ 1,306 $ 6,601 $ 50,191 $ 708 $ 66,046 Consumer Pass $ 1,463 $ 493 $ 1,524 $ 112 $ 47 $ - $ 8 $ - $ 3,647 Special Mention - - - - - - - - - Substandard - - - - - - - - - Total Consumer $ 1,463 $ 493 $ 1,524 $ 112 $ 47 $ - $ 8 $ - $ 3,647 Total Loans $ 259,298 $ 960,433 $ 332,800 $ 279,364 $ 73,663 $ 1,047,326 $ 368,547 $ 708 $ 3,322,139 Gross charge-offs $ 250 $ 305 $ - $ - $ - $ - $ - $ - $ 555 Note 7 - Loans Receivable and Allowance for Credit Losses (Continued) The following table summarizes the Company's loans by year of origination and internally assigned credit risk rating at December 31, 2022. Loans by Year of Origination at December 31, 2022 2022 2021 2020 2019 2018 Prior Revolving Loans Revolving Loans to Term Loans Total Residential one-to-four family Pass $ 56,893 $ 40,465 $ 33,019 $ 12,959 $ 23,918 $ 82,144 $ - $ - $ 249,398 Special Mention - - - - - 303 - - 303 Substandard - 179 - - - 243 - - 422 Total one-to-four family $ 56,893 $ 40,644 $ 33,019 $ 12,959 $ 23,918 $ 82,690 $ - $ - $ 250,123 Commercial and multi-family Pass $ 854,299 $ 234,441 $ 235,830 $ 55,752 $ 312,353 $ 628,191 $ - $ - $ 2,320,866 Special Mention - - - - - 14,183 - - 14,183 Substandard 599 - - - 8,000 1,581 - - 10,180 Total Commercial and multi-family $ 854,898 $ 234,441 $ 235,830 $ 55,752 $ 320,353 $ 643,955 $ - $ - $ 2,345,229 Construction Pass $ 51,783 $ 58,827 $ 17,518 $ - $ 1,794 $ 4,031 $ 7,798 $ - $ 141,751 Special Mention - - - - - - - - - Substandard - - - - 3,180 - - - 3,180 Total Construction $ 51,783 $ 58,827 $ 17,518 $ - $ 4,974 $ 4,031 $ 7,798 $ - $ 144,931 Commercial business Pass $ 70 $ 5,331 $ 5,470 $ 8,070 $ 22,940 $ 19,487 $ 212,402 $ - $ 273,770 Special Mention - - - 431 - 1,600 2,385 - 4,416 Substandard - - - - 2,686 758 377 - 3,821 Total Commercial business $ 70 $ 5,331 $ 5,470 $ 8,501 $ 25,626 $ 21,845 $ 215,164 $ - $ 282,007 Home equity Pass $ 1,541 $ 643 $ 830 $ 1,390 $ 1,465 $ 6,437 $ 43,857 $ 513 $ 56,676 Special Mention - - - - - - - - - Substandard - - - - - - - 212 212 Total Home equity $ 1,541 $ 643 $ 830 $ 1,390 $ 1,465 $ 6,437 $ 43,857 $ 725 $ 56,888 Consumer Pass $ 994 $ 2,034 $ 139 $ 67 $ - $ - $ 6 $ - $ 3,240 Special Mention - - - - - - - - - Substandard - - - - - - - - - Total Consumer $ 994 $ 2,034 $ 139 $ 67 $ - $ - $ 6 $ - $ 3,240 Total Loans $ 966,179 $ 341,920 $ 292,806 $ 78,669 $ 376,336 $ 758,958 $ 266,825 $ 725 $ 3,082,418

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2023
Stockholders' Equity [Abstract]
Stockholders' Equity	Note 8 – Stockholders’ Equity On September 14, 2023, the Company redeemed 22 outstanding shares of its Series H 3.5 % Noncumulative Perpetual Preferred Stock, at their face value of $ 10,000 per share, for a total redemption amount of $ 220,000 . On September 23, 2022, the Company closed a round of private placement of Series I Noncumulative Perpetual Preferred Stock, par value $ 0.01 per share (the “Series I Preferred Stock”), resulting in gross proceeds of $ 4,440,000 for 444 shares. On May 1, 2022, the Company redeemed all 940 outstanding shares of it’s Series D 4.5 % Noncumulative Perpetual Preferred Stock, at their face value of $ 10,000 per share, for a total redemption amount of $ 9.4 million. On March 24, 2022, BCB Bancorp, Inc. (the “Company”) closed a round of private placement of Series I Noncumulative Perpetual Preferred Stock, par value $ 0.01 per share (the “Series I Preferred Stock”), resulting in gross proceeds of $ 2,620,000 for 260 shares. On February 4, 2022, the Company redeemed all 533 outstanding shares of its Series G 6.0 % Noncumulative Perpetual Preferred Stock, at their face value of $ 10,000 per share, for a total redemption amount of $ 5.3 million.

Bank-Owned Life Insurance

Bank-Owned Life Insurance	9 Months Ended
	Sep. 30, 2023
Bank-Owned Life Insurance [Abstract]
Bank-Owned Life Insurance	Note 9 – Bank-Owned Life Insurance 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, 2023 the Bank had $ 72.8 million in BOLI. BOLI is recorded at its net realizable value.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	9 Months Ended
	Sep. 30, 2023
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 its goodwill and other intangible assets were in excess of their carrying amounts and there was no impairment at September 30, 2023. Amortization expense of the core deposit intangibles was $ 94,000 and $ 37,000 for the nine months ended September 30, 2023 and September 30, 2022, respectively. The unamortized balance of the core deposit intangibles and the amount of goodwill at September 30, 2023 was $ 35,000 and $ 5.2 million, respectively. The unamortized balance of the core deposits intangibles and the amount of goodwill at December 31, 2022 was $ 129,000 and $ 5.2 million, respectively.

Fair Values of Financial Instru

Fair Values of Financial Instruments	9 Months Ended
	Sep. 30, 2023
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. Assets 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 Total Assets Inputs Inputs As of September 30, 2023: Securities Debt Securities Available for Sale $ 86,172 $ - $ 86,172 $ - Marketable Equities $ 8,272 $ 8,272 $ - $ - Total Securities $ 94,444 $ 8,272 $ 86,172 $ - As of December 31, 2022: Securities Debt Securities Available for Sale $ 91,715 $ - $ 91,715 $ - Marketable Equities $ 17,686 $ 17,686 $ - $ - Total Securities $ 109,401 $ 17,686 $ 91,715 $ - 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, 2023 and 2022. There were no liabilities measured at fair value on a recurring basis at September 30, 2023 or December 31, 2022. Assets 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 Total Assets Inputs Inputs As of September 30, 2023 Individually Evaluated $ 2,876 $ - $ - $ 2,876 Other real estate owned $ 75 $ - $ - $ 75 As of December 31, 2022: Individually Evaluated $ 5,587 $ - $ - $ 5,587 Other real estate owned $ 75 $ - $ - $ 75 There were no liabilities measured at fair value on a nonrecurring basis at September 30, 2023 or December 31, 2022. Note 11 – Fair Values of Financial Instruments (Continued) The following tables present additional quantitative information as of September 30, 2023 and December 31, 2022 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, 2023: Individually Evaluated Loans $ 2,876 Appraisal of collateral (1) Appraisal adjustments (2) 0 %- 10 % Other real estate owned $ 75 Appraisal of collateral (1) Appraisal adjustments (2) 0 %- 10 % Fair Value Valuation Unobservable Estimate Techniques Input Range December 31, 2022: Individually Evaluated Loans $ 5,587 Appraisal of collateral (1) Appraisal adjustments (2) 0 %- 10 % Other real estate owned $ 75 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, 2023 and December 31, 2022. 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 (Carried at Fair Value) The fair value of securities is determined by obtaining quoted market prices on nationally recognized security exchanges (Level 1) or, 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. Loans Held for Sale (Lower of Cost or Market) 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 individually evaluated 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) Individually Evaluated Loans (Generally Carried at Fair Value) Individually evaluated loans are those for which the Company has measured and recorded credit losses 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, 2023 and December 31, 2022 consisted of the loan balances of $ 7.1 million net of an allowance for credit losses of $ 4.2 million and $ 8.4 million net of an allowance for credit losses of $ 2.8 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. Accrued Interest Receivable and Payable (Carried at Cost) The carrying amount of accrued interest receivable and accrued interest payable approximates its fair value. Deposits (Carried at Cost) The fair values disclosed for demand deposits (e.g., interest and non-interest checking, savings and money market accounts1) 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. Debt Including Subordinated Debentures (Carried at Cost) Fair values of debt 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 (Disclosed 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, 2023 and December 31, 2022: As of September 30, 2023 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 $ 251,916 $ 251,916 $ 251,916 $ - $ - Interest-earning time deposits 735 735 - 735 - Debt securities available for sale 86,172 86,172 - 86,172 - Equity investments 8,272 8,272 8,272 - - Loans held for sale 472 472 - 472 - Loans receivable, net 3,285,727 3,088,826 - - 3,088,826 FHLB of New York stock, at cost 31,629 31,629 - 31,629 - Accrued interest receivable 16,175 16,175 - 16,175 - Financial liabilities: Deposits 2,819,556 2,813,939 1,740,300 1,073,639 - Borrowings 622,674 615,575 - 615,575 - Subordinated debentures 37,624 39,262 - 39,262 - Accrued interest payable 5,735 5,735 - 5,735 - As of December 31, 2022 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 $ 229,359 $ 229,359 $ 229,359 $ - $ - Interest-earning time deposits 735 735 - 735 - Debt securities available for sale 91,715 91,715 - 91,715 - Equity investments 17,686 17,686 17,686 - - Loans held for sale 658 658 - 658 - Loans receivable, net 3,045,331 2,876,925 - - 2,876,925 FHLB of New York stock, at cost 20,113 20,113 - 20,113 - Accrued interest receivable 13,455 13,455 - 13,455 - Financial liabilities: Deposits 2,811,607 2,499,978 1,713,754 786,224 - Debt 382,261 377,227 - 377,227 - Subordinated debentures 37,508 40,113 - 40,113 - Accrued interest payable 3,073 3,073 - 3,073 -

Subordinated Debt

Subordinated Debt	9 Months Ended
	Sep. 30, 2023
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 bore an interest at a fixed annual rate of 5.625 % for the first five years of the term (the "Fixed Interest Rate Period"). On August 1, 2023, the interest rate was scheduled to adjust to a floating rate based on the three-month LIBOR plus 2.72 % until redemption or maturity (the "Floating Interest Rate Period"). However LIBOR was replaced as the benchmark rate per the discussion below. The Notes are scheduled to mature on August 1, 2028. The Company will pay interest in arrears quarterly during the remaining 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 is used for general corporate purposes including organic growth initiatives. Subordinated debt includes associated deferred costs of $ 0 and $ 116,000 at September 30, 2023 and December 31, 2022, respectively. The Company also has $ 4.1 million of mandatory redeemable trust preferred securities. The interest rate on these floating rate junior subordinated debentures adjusts quarterly, and had been equal to the three-month LIBOR plus 2.65 %. In accordance with the Adjustable Interest Rate (LIBOR) Act (the “LIBOR Act”) and the regulation issued by the Board of Governors of the Federal Reserve System implementing the LIBOR Act, the Company has selected the three-month CME Term SOFR as the applicable successor rate for both the Notes and the trust preferred securities. The calculation of the amount of interest payable, based on the three-month CME Term SOFR, will also include the applicable tenor spread adjustment of 0.26161 % per annum as specified in the LIBOR Act.

Lease Obligations

Lease Obligations	9 Months Ended
	Sep. 30, 2023
Lease Obligations [Abstract]
Lease Obligations	Note 13 – Lease Obligations The Company leases 25 of its offices under various operating lease agreements. The leases have remaining terms of one year to 10 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, 2023 Three Months Ended September 30, 2022 Nine Months Ended September 30, 2023 Nine Months Ended September 30, 2022 Operating lease expense $ 878 $ 964 $ 2,710 $ 2,804 Variable lease expense-operating leases $ 269 $ 258 $ 793 $ 734 At September 30, 2023 At December 31, 2022 Supplemental balance sheet information related to leases: Operating Leases Operating lease right-of-use assets $ 12,953 $ 13,520 Current liabilities $ 812 $ 3,062 Operating lease liabilities (noncurrent portion) 13,833 12,218 Imputed Interest ( 1,327 ) ( 1,421 ) Total operating lease liabilities $ 13,318 $ 13,859 The weighted average remaining lease term for operating leases at September 30, 2023 and December 31, 2022 was 5.95 years and 6.49 years, respectively. The weighted average discount rate for operating leases at September 30, 2023 and December 31, 2022 was 2.95 percent and 2.83 percent, respectively. The following table summarizes the Company’s maturity of lease obligations for operating leases at September 30, 2023 and December 31, 2022 (in thousands): Maturities of lease liabilities: At September 30, 2023 At December 31, 2022 Operating Leases Operating Leases One year or less $ 812 $ 3,062 Over one year through three years 5,468 4,766 Over three years through five years 4,341 3,496 Over five years 4,024 3,956 Gross Operating Lease Liabilities $ 14,645 $ 15,280 Imputed Interest ( 1,327 ) ( 1,421 ) Total Operating Lease Liabilities $ 13,318 $ 13,859

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2023
Subsequent Events [Abstract]
Subsequent Events	Note 14 – Subsequent Events On October 18, 2023 , 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 3, 2023 , with a payment date of November 17, 2023 .

Basis of Presentation (Policy)

Basis of Presentation (Policy)	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Basis of Consolidated Financial Statement 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.
Basis of Accounting	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, 2022, 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, 2022 and the date these consolidated financial statements were issued.

Recent Accounting Pronounceme_2

Recent Accounting Pronouncements (Policy)	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Recent Accounting Pronouncements	Note 2 - Recent Accounting Pronouncements In December 2022, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2022-06, Reference Rate Reform (Topic 848): Deferral of the Sunset Date of Topic 848. The amendments in this ASU defer the sunset date of Topic 848 from December 31, 2022 to December 31, 2024, after which entities will no longer be permitted to apply the relief in Topic 848. The ASU is effective upon issuance. The FASB had previously issued 2020-04 - Facilitation of the Effects of Reference Rate Reform on Financial Reporting and related amendments in 2020 to ease the potential burden in accounting for reference rate reform. The amendments in ASU 2020-04 were elective and applied to all entities that have contracts, hedging relationships, and other transactions that reference the London Inter-bank Offer Rate (“LIBOR”) or another reference rate expected to be discontinued due to reference rate reform. The Company does not expect such adoption of the new ASU to have an impact on the Company’s consolidated financial instruments. The Company adopted ASU 2016-13 on January 1, 2023 for all financial assets measured at amortized cost and off-balance sheet credit exposures using the modified retrospective method. Results for the three and nine months ended September 30, 2023 are presented under Accounting Standards Codification 326, Financial Instruments – Credit Losses, while prior period amounts continue to be reported with previously applicable GAAP and have not been restated. Effective January 1, 2023, the Company recorded a $ 4.2 million decrease in allowance for credit losses on loans that is referred to as the current expected credit loss (“CECL”) methodology (previously allowance for loan losses), an elimination of $ 1.1 million of reserves related to acquired loans, and a $ 1.3 million increase related to allowance for off-balance sheet credit exposures included in other liabilities section of the consolidated statements of financial condition, which resulted in a total cumulative effect adjustment of $ 2.9 million and an increase to retained earnings a component of the stockholders’ equity (net of tax). Further information regarding the impact of CECL can be found in Note 7 – Loan Receivable and Allowance for Credit Losses . Allowance for Credit Losses The allowance for credit losses represents the estimated amount considered necessary to cover lifetime expected credit losses inherent in financial assets at the balance sheet date. The measurement of expected credit losses is applicable to loans receivable and securities measured at amortized cost. It also applies to off-balance sheet credit exposures such as loan commitments and unused lines of credit. The allowance is established through a provision for credit losses that is charged against income. The methodology for determining the allowance for credit losses is considered a critical accounting policy by management because of the high degree of judgment involved, the subjectivity of the assumptions used, and the potential for changes in the forecasted economic environment that could result in changes to the amount of the recorded allowance for credit losses. The allowance for credit losses is reported separately as a contra-asset on the consolidated statement of financial condition. The expected credit loss for unfunded lending commitments and unfunded loan commitments is reported on the consolidated statement of financial condition in other liabilities while the provision for credit losses related to unfunded commitments is reported in other non-interest expense. Allowance for Credit Losses on Loans Receivable The allowance for credit losses on loans is deducted from the amortized cost basis of the loan to present the net amount expected to be collected. Expected losses are evaluated and calculated on a collective, or pooled, basis for those loans which share similar risk characteristics. If the loan does not share risk characteristics with other loans, the Company will evaluate the loan on an individual basis. Individually evaluated loans are primarily non-accrual and collateral dependent loans. Furthermore, the Company evaluates the pooling methodology at least annually to ensure that loans with similar risk characteristics are pooled appropriately. Loans are charged off against the allowance for credit losses when the Company believes the balances to be uncollectible. Expected recoveries do not exceed the aggregate of amounts previously charged off or expected to be charged off. The Company has chosen to segment its portfolio consistent with the manner in which it manages credit risk. The Company calculates estimated credit losses for these loan segments using quantitative models and qualitative factors. Further information on loan segmentation and the credit loss estimation is included in Note 7 – Loan Receivables and Allowance for Credit Losses. Individually Evaluated Loans On a case-by-case basis, the Company may conclude that a loan should be evaluated on an individual basis based on its disparate risk characteristics. When the Company determines that a loan no longer shares similar risk characteristics with other loans in the portfolio, the allowance will be determined on an individual basis using the present value of expected cash flows or, for collateral-dependent loans, the fair value of the collateral as of the reporting date, less estimated selling costs, as applicable. If the fair value of the collateral is less than the amortized cost basis of the loan, the Company will charge off the difference between the fair value of the collateral, less costs to sell at the reporting date and the amortized cost basis of the loan. Allowance for Credit Losses on Off-Balance Sheet Commitments The Company is required to include unfunded commitments that are expected to be funded in the future within the allowance calculation, other than those that are unconditionally cancelable. To arrive at that reserve, the reserve percentage for each applicable segment is applied to the unused portion of the expected commitment balance and is multiplied by the expected funding rate. As noted above, the allowance for credit losses on unfunded loan commitments is included in other liabilities on the consolidated statement of financial condition and the related credit expense is recorded in other non-interest expense in the consolidated statements of income. Allowance for Credit Losses on Available for Sale Securities For available for sale securities in an unrealized loss position, the Company first assesses whether it intends to sell, or it is more than likely than not that it will be required to sell the security before recovery of its amortized cost basis. If either of the criteria regarding intent or requirement to sell is met, the security’s amortized cost basis is written down to fair value through income. For securities available for sale that do not meet the above criteria, the Company evaluates whether the decline in fair value has resulted from credit losses or other factors. In making this assessment, the Company considers the extent to which fair value is less than amortized cost and adverse conditions related to the security, among other factors. If this assessment indicates that a credit loss exists, the present value of cash flows expected to be collected from the security are compared to the amortized cost basis of the security. If the present value of the cash flows expected to be collected is less than the amortized cost basis, a credit loss exists and an allowance for credit losses is recorded for the credit loss, limited by the amount that the fair value is less than the amortized cost. Any impairment that has not been recorded through an allowance for credit losses is recognized in other comprehensive income, net of tax. The Company elected the practical expedient of zero loss estimates for securities issued by U.S. government entities and agencies. These securities are either explicitly or implicitly guaranteed by the U.S. government, are highly rate by major agencies and have a long history of no credit losses. Changes in the allowance for credit losses are recorded as provision for, or reversal of, credit loss expense. Losses are charged against the allowance when management believes the uncollectibility of an available for sale security is confirmed or when either of the criteria regarding intent or requirement to sell is met.

Equity Incentive Plans (Tables)

Equity Incentive Plans (Tables)	9 Months Ended
	Sep. 30, 2023
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, 2023 48,150 $ 14.83 Granted 52,252 15.01 Vested ( 13,650 ) 14.60 Forfeited - - Non-vested at September 30, 2023 86,752 $ 14.98 Number of Shares Awarded Weighted Average Grant Date Fair Value Non-vested at January 1, 2022 26,700 $ 12.89 Granted 69,000 17.05 Vested ( 9,150 ) 13.91 Forfeited - - Non-vested at September 30, 2022 86,550 $ 16.19
Summary of Stock Option Activity	Number of Option Shares Range of Exercise Prices Weighted Average Exercise Price Outstanding at January 1, 2023 1,036,975 $ 9.03 - 13.68 $ 11.72 Options granted - - - Options exercised ( 61,000 ) 9.03 9.03 Options forfeited - - - Options expired - - - Outstanding at September 30, 2023 975,975 $ 10.55 - 13.68 $ 11.89

Net Income per Common Share (Ta

Net Income per Common Share (Tables)	9 Months Ended
	Sep. 30, 2023
Net Income per Common Share [Abstract]
Schedule of Earnings per Share, Basic and Diluted	For the Three Months Ended September 30, 2023 2022 Income Shares Per Share Income Shares Per Share (Numerator) (Denominator) Amount (Numerator) (Denominator) Amount (In Thousands, except per share data) Basic earnings per share: Income available to common stockholders $ 6,538 16,830 $ 0.39 $ 13,218 16,982 $ 0.78 Effect of dilutive securities: Stock options - 24 - 374 Diluted earnings per share: Income available to common stockholders $ 6,538 16,854 $ 0.39 $ 13,218 17,356 $ 0.76 For the Nine Months Ended September 30, 2023 2022 Income Shares Per Share Income Shares Per Share (Numerator) (Denominator) Amount (Numerator) (Denominator) Amount (In Thousands, except per share data) Basic earnings per share: Income available to common stockholders $ 22,901 16,868 $ 1.36 $ 32,883 16,986 $ 1.94 Effect of dilutive securities: Stock options - 83 - 383 Diluted earnings per share: Income available to common stockholders $ 22,901 16,951 $ 1.35 $ 32,883 17,369 $ 1.89

Securities (Tables)

Securities (Tables)	9 Months Ended
	Sep. 30, 2023
Securities [Abstract]
Summary of Disaggregated Net Income on Equity Securities	For the three months ended September 30, For the nine months ended September 30, (In Thousands) 2023 2022 2023 2022 Net losses recognized during the period on equity securities held at the reporting date $ ( 436 ) $ ( 559 ) $ ( 4,157 ) $ ( 5,487 ) Net losses recognized during the period on equity securities sold during the period ( 58 ) - ( 233 ) ( 59 ) Realized and unrealized losses on equity investments during the reporting period $ ( 494 ) $ ( 559 ) $ ( 4,390 ) $ ( 5,546 )
Amortized Cost and Gross Unrealized Gains and Losses on Securities Available for Sale	September 30, 2023 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value (In Thousands) Residential Mortgage-backed securities: More than one to five years $ 708 $ - $ 41 $ 667 More than five to ten years 4,388 - 381 4,007 More than ten years 33,604 - 4,613 28,991 Sub-total: 38,700 - 5,035 33,665 Corporate Debt securities: More than one to five years 6,000 - 115 5,885 More than five to ten years 53,564 - 6,942 46,622 Sub-total: 59,564 - 7,057 52,507 Total securities $ 98,264 $ - $ 12,092 $ 86,172 December 31, 2022 Gross Gross Amortized Unrealized Unrealized Cost Gains Losses Fair Value (In Thousands) Residential Mortgage-backed securities: More than five to ten years 5,445 - 350 5,095 More than ten years 23,210 - 3,435 19,775 Sub-total: 28,655 - 3,785 24,870 Corporate Debt securities: Due within one year 7,321 - 91 7,230 More than five to ten years 59,629 - 4,005 55,624 Sub-total: 66,950 - 4,096 62,854 Municipal obligations: Due after ten years 3,997 - 6 3,991 Sub-total: 3,997 - 6 3,991 Total Debt Securities Available for Sale $ 99,602 $ - $ 7,887 $ 91,715
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, 2023 Residential Mortgage-backed securities $ 11,987 $ 489 $ 21,677 $ 4,546 $ 33,664 $ 5,035 Corporate Debt securities 22,980 2,506 28,228 4,551 51,208 7,057 $ 34,967 $ 2,995 $ 49,905 $ 9,097 $ 84,872 $ 12,092 December 31, 2022 Residential Mortgage-backed securities $ 17,362 $ 2,022 $ 7,508 $ 1,763 $ 24,870 $ 3,785 Corporate Debt Securities 51,607 3,199 9,948 897 61,555 4,096 Municipal Obligations 3,991 6 - - 3,991 6 $ 72,960 $ 5,227 $ 17,456 $ 2,660 $ 90,416 $ 7,887

Loans Receivable and Allowanc_2

Loans Receivable and Allowance for Credit Losses (Tables)	9 Months Ended
	Sep. 30, 2023
Loans Receivable and Allowance for Credit Losses [Abstract]
Recorded Investment in Loans Receivable	September 30, 2023 December 31, 2022 (In Thousands) Residential one-to-four family $ 251,845 $ 250,123 Commercial and multi-family 2,444,887 2,345,229 Construction 185,202 144,931 Commercial business (1) 370,512 282,007 Home equity (2) 66,046 56,888 Consumer 3,647 3,240 3,322,139 3,082,418 Less: Deferred loan fees, net ( 4,498 ) ( 4,714 ) Allowance for credit losses (3) ( 31,914 ) ( 32,373 ) Total Loans, net $ 3,285,727 $ 3,045,331 (1) Includes business lines of credit. (2) Includes home equity lines of credit. (3) The Company adopted ASU 2016-13 on January 1, 2023 with a modified retrospective approach. Accordingly, at September 30, 2023, the allowance for credit losses was determined in accordance with ASC 326, “Financial Instruments-Credit Losses”.
Allowance for Credit Losses	The following table sets forth the activity in the Company’s allowance for credit losses for the three and nine months ended September 30, 2023, and the related portion of the allowances for credit losses that is allocated to each loan class, as of September 30, 2023 (in thousands): Residential Commercial & Multi-family Construction Commercial Business (1) Home Equity (2) Consumer Unallocated Total Allowance for credit losses: Beginning Balance, July 1, 2023 $ 2,453 $ 15,045 $ 4,090 $ 7,864 $ 722 $ 31 - $ 30,205 Charge-offs: - - - ( 515 ) - - ( 515 ) Recoveries: 14 - - 5 - - - 19 Provision (benefit): ( 23 ) ( 595 ) 573 2,297 ( 54 ) 7 - 2,205 Ending Balance, September 30, 2023 2,444 14,450 4,663 9,651 668 38 - 31,914 Ending Balance attributable to loans: Individually evaluated - - 608 2,164 - - - 2,772 Collectively evaluated 2,444 14,450 4,055 7,487 668 38 - 29,142 Ending Balance, September 30, 2023 2,444 14,450 4,663 9,651 668 38 - 31,914 Loans Receivables: Individually evaluated 355 23,843 4,931 6,527 212 - - 35,868 Collectively evaluated 251,490 2,421,044 180,271 363,985 65,834 3,647 - 3,286,271 Total Gross Loans: $ 251,845 $ 2,444,887 $ 185,202 $ 370,512 $ 66,046 $ 3,647 $ - $ 3,322,139 (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 credit losses: Ending Balance December 31, 2022 2,474 21,749 2,094 5,367 485 24 180 32,373 Effect of adopting ASU No. 2016-13 ("CECL") 144 ( 7,123 ) 1,387 1,418 182 7 ( 180 ) ( 4,165 ) Beginning Balance, January 1, 2023 $ 2,618 $ 14,626 $ 3,481 $ 6,785 $ 667 $ 31 $ - $ 28,208 Charge-offs: - - - ( 555 ) - - - ( 555 ) Recoveries: 38 - - 30 16 - - 84 Provision (benefit): ( 212 ) ( 176 ) 1,182 3,391 ( 15 ) 7 - 4,177 Ending Balance, September 30, 2023 $ 2,444 $ 14,450 $ 4,663 $ 9,651 $ 668 $ 38 $ - $ 31,914 (1) Includes business lines of credit. (2) Includes home equity lines of credit. Note 7 - Loans Receivable and Allowance for Credit Losses (Continued) The following table sets forth the activity in the Company’s allowance for credit losses for the three and nine months ended September 30, 2022, and the related portion of the allowances for credit losses that is allocated to each loan class, as of September 30, 2022 (in thousands): Residential Commercial & Multi-family Construction Commercial Business (1) Home Equity (2) Consumer Unallocated Total Allowance for credit losses: Beginning Balance, July 1, 2022 $ 2,565 $ 21,157 $ 2,348 $ 7,639 $ 387 $ 17 $ - $ 34,113 Charge-offs: - - - ( 931 ) - - - ( 931 ) Recovery: 7 - - 2 4 - - 13 Provision (benefit): ( 374 ) 390 96 ( 993 ) 75 3 803 - Ending Balance September 30, 2022 $ 2,198 $ 21,547 $ 2,444 $ 5,717 $ 466 $ 20 $ 803 $ 33,195 Ending Balance attributable to loans: Individually evaluated $ 204 $ - $ 519 $ 3,509 $ 6 $ - $ - $ 4,238 Collectively evaluated 1,994 21,547 1,925 2,208 460 20 803 28,957 Ending Balance September 30, 2022 $ 2,198 $ 21,547 $ 2,444 $ 5,717 $ 466 $ 20 $ 803 $ 33,195 Loans Receivables: Individually evaluated $ 4,914 $ 27,090 $ 3,180 $ 4,607 $ 733 $ - $ - $ 40,524 Collectively evaluated 237,324 2,137,230 149,923 201,054 55,331 2,545 - 2,783,407 Total Gross Loans: $ 242,238 $ 2,164,320 $ 153,103 $ 205,661 $ 56,064 $ 2,545 $ - $ 2,823,931 (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 credit losses: Beginning Balance, January 1, 2022 $ 4,094 $ 22,065 $ 2,231 $ 8,000 $ 533 $ 14 $ 182 $ 37,119 Charge-offs: - - - ( 1,703 ) - - - ( 1,703 ) Recovery: 9 - - 138 9 198 - 354 Provision (benefit): ( 1,905 ) ( 518 ) 213 ( 718 ) ( 76 ) ( 192 ) 621 ( 2,575 ) Ending Balance, September 30, 2022 $ 2,198 $ 21,547 $ 2,444 $ 5,717 $ 466 $ 20 $ 803 $ 33,195 (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, 2022. 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 credit 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 $ 196 $ - $ 518 $ 2,066 $ 4 $ - $ - $ 2,784 Collectively evaluated 2,278 21,749 1,576 3,301 481 24 180 29,589 Ending Balance, December 31, 2022 $ 2,474 $ 21,749 $ 2,094 $ 5,367 $ 485 $ 24 $ 180 $ 32,373 Loans Receivables: Individually evaluated $ 5,147 $ 15,397 $ 3,180 $ 3,821 $ 727 $ - $ - $ 28,272 Collectively evaluated 244,976 2,329,832 141,751 278,186 56,161 3,240 - 3,054,146 Total Gross Loans: $ 250,123 $ 2,345,229 $ 144,931 $ 282,007 $ 56,888 $ 3,240 $ - $ 3,082,418 (1) Includes business lines of credit. (2) Includes home equity lines of credit.
Allowance for Credit Losses on Off-Balance Sheet Exposures	Three Months Ended September 30, 2023 Nine Months Ended September 30, 2023 (In thousands) (In thousands) Allowance for Credit Losses: Beginning Balance $ 254 $ - Impact of adopting ASU No. 2016-13 ("CECL") effective January 1, 2022 - 1,266 Provision (benefit) 148 ( 864 ) Balance at September 30, 2023 $ 402 $ 402
Delinquency Status of Total Loans	The following table sets forth the delinquency status of total loans receivable as of September 30, 2023: 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 $ 50 $ 856 $ 178 $ 1,084 $ 250,761 $ 251,845 $ - Commercial and multi-family 12,195 6,378 3,267 21,840 2,423,047 2,444,887 - Construction - 2,045 2,886 4,931 180,271 185,202 - Commercial business (1) 2,056 3,095 798 5,949 364,563 370,512 - Home equity (2) 472 164 - 636 65,410 66,046 - Consumer - 1 - 1 3,646 3,647 - Total $ 14,773 $ 12,539 $ 7,129 $ 34,441 $ 3,287,698 $ 3,322,139 $ - ( 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, 2022: 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 $ 253 $ 314 $ - $ 567 $ 249,556 $ 250,123 $ - Commercial and multi-family 2,163 428 - 2,591 2,342,638 2,345,229 - Construction - - 3,180 3,180 141,751 144,931 - Commercial business (1) 190 1,115 1,086 2,391 279,616 282,007 - Home equity (2) 699 - - 699 56,189 56,888 - Consumer - - - - 3,240 3,240 - Total $ 3,305 $ 1,857 $ 4,266 $ 9,428 $ 3,072,990 $ 3,082,418 $ - (1) Includes business lines of credit. (2) Includes home equity lines of credit.
Non-Accruing Loans	As of September 30, 2023 As of December 31, 2022 (In Thousands) (In Thousands) Non-Accruing Loans: Residential one-to-four family $ 178 $ 243 Commercial and multi-family 3,267 346 Construction 2,886 3,180 Commercial business (1) 1,600 1,340 Total $ 7,931 $ 5,109 _________ (1) Includes business lines of credit.
Loan Portfolio by Pass Rating	The following table summarizes the Company's loans by year of origination and internally assigned credit risk rating at September 30, 2023 and gross charge-offs for the nine months ended September 30, 2023. Loans by Year of Origination at September 30, 2023 2023 2022 2021 2020 2019 Prior Revolving Loans Revolving Loans to Term Loans Total Residential one-to-four family Pass $ 16,805 $ 54,608 $ 38,402 $ 31,622 $ 12,184 $ 96,050 $ - $ - $ 249,671 Special Mention - 496 91 - - 91 - - 678 Substandard - - 1,318 - - 178 - - 1,496 Total one-to-four family $ 16,805 $ 55,104 $ 39,811 $ 31,622 $ 12,184 $ 96,319 $ - $ - $ 251,845 Commercial and multi-family Pass $ 219,180 $ 822,626 $ 226,073 $ 217,855 $ 52,614 $ 848,504 $ 1,922 $ - $ 2,388,774 Special Mention - - - - - 26,690 - - 26,690 Substandard - 3,071 4,079 3,575 - 18,698 - - 29,423 Total Commercial and multi-family $ 219,180 $ 825,697 $ 230,152 $ 221,430 $ 52,614 $ 893,892 $ 1,922 $ - $ 2,444,887 Construction Pass $ 15,108 $ 75,672 $ 57,434 $ 20,499 $ - $ 5,878 $ 5,681 $ - $ 180,272 Special Mention - - - - - - - - - Substandard - 1,458 - 586 - 2,886 - - 4,930 Total Construction $ 15,108 $ 77,130 $ 57,434 $ 21,085 $ - $ 8,764 $ 5,681 $ - $ 185,202 Commercial business Pass $ 2,553 $ 305 $ 3,314 $ 4,333 $ 7,143 $ 36,487 $ 304,133 $ - $ 358,268 Special Mention - - - - 369 1,666 3,582 - 5,617 Substandard - - - - - 3,597 3,030 - 6,627 Total Commercial business $ 2,553 $ 305 $ 3,314 $ 4,333 $ 7,512 $ 41,750 $ 310,745 $ - $ 370,512 Home equity Pass $ 4,189 $ 1,704 $ 565 $ 782 $ 1,306 $ 6,601 $ 50,074 $ 496 $ 65,717 Special Mention - - - - - - - - - Substandard - - - - - - 117 212 329 Total Home equity $ 4,189 $ 1,704 $ 565 $ 782 $ 1,306 $ 6,601 $ 50,191 $ 708 $ 66,046 Consumer Pass $ 1,463 $ 493 $ 1,524 $ 112 $ 47 $ - $ 8 $ - $ 3,647 Special Mention - - - - - - - - - Substandard - - - - - - - - - Total Consumer $ 1,463 $ 493 $ 1,524 $ 112 $ 47 $ - $ 8 $ - $ 3,647 Total Loans $ 259,298 $ 960,433 $ 332,800 $ 279,364 $ 73,663 $ 1,047,326 $ 368,547 $ 708 $ 3,322,139 Gross charge-offs $ 250 $ 305 $ - $ - $ - $ - $ - $ - $ 555 Note 7 - Loans Receivable and Allowance for Credit Losses (Continued) The following table summarizes the Company's loans by year of origination and internally assigned credit risk rating at December 31, 2022. Loans by Year of Origination at December 31, 2022 2022 2021 2020 2019 2018 Prior Revolving Loans Revolving Loans to Term Loans Total Residential one-to-four family Pass $ 56,893 $ 40,465 $ 33,019 $ 12,959 $ 23,918 $ 82,144 $ - $ - $ 249,398 Special Mention - - - - - 303 - - 303 Substandard - 179 - - - 243 - - 422 Total one-to-four family $ 56,893 $ 40,644 $ 33,019 $ 12,959 $ 23,918 $ 82,690 $ - $ - $ 250,123 Commercial and multi-family Pass $ 854,299 $ 234,441 $ 235,830 $ 55,752 $ 312,353 $ 628,191 $ - $ - $ 2,320,866 Special Mention - - - - - 14,183 - - 14,183 Substandard 599 - - - 8,000 1,581 - - 10,180 Total Commercial and multi-family $ 854,898 $ 234,441 $ 235,830 $ 55,752 $ 320,353 $ 643,955 $ - $ - $ 2,345,229 Construction Pass $ 51,783 $ 58,827 $ 17,518 $ - $ 1,794 $ 4,031 $ 7,798 $ - $ 141,751 Special Mention - - - - - - - - - Substandard - - - - 3,180 - - - 3,180 Total Construction $ 51,783 $ 58,827 $ 17,518 $ - $ 4,974 $ 4,031 $ 7,798 $ - $ 144,931 Commercial business Pass $ 70 $ 5,331 $ 5,470 $ 8,070 $ 22,940 $ 19,487 $ 212,402 $ - $ 273,770 Special Mention - - - 431 - 1,600 2,385 - 4,416 Substandard - - - - 2,686 758 377 - 3,821 Total Commercial business $ 70 $ 5,331 $ 5,470 $ 8,501 $ 25,626 $ 21,845 $ 215,164 $ - $ 282,007 Home equity Pass $ 1,541 $ 643 $ 830 $ 1,390 $ 1,465 $ 6,437 $ 43,857 $ 513 $ 56,676 Special Mention - - - - - - - - - Substandard - - - - - - - 212 212 Total Home equity $ 1,541 $ 643 $ 830 $ 1,390 $ 1,465 $ 6,437 $ 43,857 $ 725 $ 56,888 Consumer Pass $ 994 $ 2,034 $ 139 $ 67 $ - $ - $ 6 $ - $ 3,240 Special Mention - - - - - - - - - Substandard - - - - - - - - - Total Consumer $ 994 $ 2,034 $ 139 $ 67 $ - $ - $ 6 $ - $ 3,240 Total Loans $ 966,179 $ 341,920 $ 292,806 $ 78,669 $ 376,336 $ 758,958 $ 266,825 $ 725 $ 3,082,418

Fair Values of Financial Inst_2

Fair Values of Financial Instruments (Tables)	9 Months Ended
	Sep. 30, 2023
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 Total Assets Inputs Inputs As of September 30, 2023: Securities Debt Securities Available for Sale $ 86,172 $ - $ 86,172 $ - Marketable Equities $ 8,272 $ 8,272 $ - $ - Total Securities $ 94,444 $ 8,272 $ 86,172 $ - As of December 31, 2022: Securities Debt Securities Available for Sale $ 91,715 $ - $ 91,715 $ - Marketable Equities $ 17,686 $ 17,686 $ - $ - Total Securities $ 109,401 $ 17,686 $ 91,715 $ -
Fair Value Measurements, Nonrecurring	(Level 1) (Level 2) Quoted Prices in Significant (Level 3) Active Markets Other Significant for Identical Observable Unobservable Total Assets Inputs Inputs As of September 30, 2023 Individually Evaluated $ 2,876 $ - $ - $ 2,876 Other real estate owned $ 75 $ - $ - $ 75 As of December 31, 2022: Individually Evaluated $ 5,587 $ - $ - $ 5,587 Other real estate owned $ 75 $ - $ - $ 75
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, 2023: Individually Evaluated Loans $ 2,876 Appraisal of collateral (1) Appraisal adjustments (2) 0 %- 10 % Other real estate owned $ 75 Appraisal of collateral (1) Appraisal adjustments (2) 0 %- 10 % Fair Value Valuation Unobservable Estimate Techniques Input Range December 31, 2022: Individually Evaluated Loans $ 5,587 Appraisal of collateral (1) Appraisal adjustments (2) 0 %- 10 % Other real estate owned $ 75 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, 2023 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 $ 251,916 $ 251,916 $ 251,916 $ - $ - Interest-earning time deposits 735 735 - 735 - Debt securities available for sale 86,172 86,172 - 86,172 - Equity investments 8,272 8,272 8,272 - - Loans held for sale 472 472 - 472 - Loans receivable, net 3,285,727 3,088,826 - - 3,088,826 FHLB of New York stock, at cost 31,629 31,629 - 31,629 - Accrued interest receivable 16,175 16,175 - 16,175 - Financial liabilities: Deposits 2,819,556 2,813,939 1,740,300 1,073,639 - Borrowings 622,674 615,575 - 615,575 - Subordinated debentures 37,624 39,262 - 39,262 - Accrued interest payable 5,735 5,735 - 5,735 - As of December 31, 2022 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 $ 229,359 $ 229,359 $ 229,359 $ - $ - Interest-earning time deposits 735 735 - 735 - Debt securities available for sale 91,715 91,715 - 91,715 - Equity investments 17,686 17,686 17,686 - - Loans held for sale 658 658 - 658 - Loans receivable, net 3,045,331 2,876,925 - - 2,876,925 FHLB of New York stock, at cost 20,113 20,113 - 20,113 - Accrued interest receivable 13,455 13,455 - 13,455 - Financial liabilities: Deposits 2,811,607 2,499,978 1,713,754 786,224 - Debt 382,261 377,227 - 377,227 - Subordinated debentures 37,508 40,113 - 40,113 - Accrued interest payable 3,073 3,073 - 3,073 -

Lease Obligations (Tables)

Lease Obligations (Tables)	9 Months Ended
	Sep. 30, 2023
Lease Obligations [Abstract]
Schedule of Lease Information	Three Months Ended September 30, 2023 Three Months Ended September 30, 2022 Nine Months Ended September 30, 2023 Nine Months Ended September 30, 2022 Operating lease expense $ 878 $ 964 $ 2,710 $ 2,804 Variable lease expense-operating leases $ 269 $ 258 $ 793 $ 734 At September 30, 2023 At December 31, 2022 Supplemental balance sheet information related to leases: Operating Leases Operating lease right-of-use assets $ 12,953 $ 13,520 Current liabilities $ 812 $ 3,062 Operating lease liabilities (noncurrent portion) 13,833 12,218 Imputed Interest ( 1,327 ) ( 1,421 ) Total operating lease liabilities $ 13,318 $ 13,859
Summary of Maturity of Lease Obligations for Operating Leases	Maturities of lease liabilities: At September 30, 2023 At December 31, 2022 Operating Leases Operating Leases One year or less $ 812 $ 3,062 Over one year through three years 5,468 4,766 Over three years through five years 4,341 3,496 Over five years 4,024 3,956 Gross Operating Lease Liabilities $ 14,645 $ 15,280 Imputed Interest ( 1,327 ) ( 1,421 ) Total Operating Lease Liabilities $ 13,318 $ 13,859

Recent Accounting Pronounceme_3

Recent Accounting Pronouncements (Narrative) (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Jun. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for credit losses	$ 31,914	$ 30,205	$ 32,373	$ 33,195	$ 34,113	$ 37,119
Allowance for off balance sheet credit exposure	402	254
Stockholders’ equity	$ 303,636	$ 299,623	291,254	$ 282,682	$ 271,637	$ 274,024
Effect of Adopting ASU No. 2016-13 ("CECL") [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for credit losses			(4,165)
Reserve for loans acquired			(1,100)
Allowance for off balance sheet credit exposure			1,266
Stockholders’ equity			$ 2,870

Equity Incentive Plans (Narrati

Equity Incentive Plans (Narrative) (Details) - USD ($)					9 Months Ended
	Jun. 30, 2023	Jan. 31, 2023	Sep. 30, 2022	Jan. 12, 2022	Sep. 30, 2023	Sep. 30, 2022	Apr. 27, 2023
Defined Benefit Plan Disclosure [Line Items]
Expected future expenses relating to non-vested restricted shares					$ 960,000
Expected future compensation expense, weighted average period for recognition					2 years 3 months
Stock option expense					$ 99,000	$ 180,000
Restricted stock expense					$ 303,000	$ 278,000
Options [Member]
Defined Benefit Plan Disclosure [Line Items]
Shares underlying unexercised options					175,080
Expected future compensation expense, unexercised options					$ 302,000
Expected future compensation expense, weighted average period for recognition					3 years 1 month 13 days
Options exercisable - number of option shares					800,895
2023 Equity Incentive Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Shares authorized for issuance							1,000,000
Directors [Member] | Restricted Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Restricted stock issued		27,000
Vesting period		4 years
Directors [Member] | 2018 Equity Incentive Plan [Member] | Restricted Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Restricted stock issued				33,000
Vesting period				4 years
Executive Officers [Member] | 2018 Equity Incentive Plan [Member] | Restricted Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Restricted stock issued			36,000
Director And Officer [Member] | Restricted Stock [Member]
Defined Benefit Plan Disclosure [Line Items]
Restricted stock issued	25,252

Equity Incentive Plans (Summary

Equity Incentive Plans (Summary of Status of Restricted Shares) (Details) - $ / shares	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Equity Incentive Plans [Abstract]
Number of Shares Awarded, Non-vested at beginning of period	48,150	26,700
Number of Shares Awarded, Granted	52,252	69,000
Number of Shares Awarded, Vested	(13,650)	(9,150)
Number of Shares Awarded, Forfeited
Number of Shares Awarded, Non-vested at end of period	86,752	86,550
Weighted Average Grant Date Fair Value, Non-vested at beginning of period	$ 14.83	$ 12.89
Weighted Average Grant Date Fair Value, Granted	15.01	17.05
Weighted Average Grant Date Fair Value, Vested	14.60	13.91
Weighted Average Grant Date Fair Value, Forfeited
Weighted Average Grant Date Fair Value, Non-vested at end of period	$ 14.98	$ 16.19

Equity Incentive Plans (Summa_2

Equity Incentive Plans (Summary of Stock Option Activity) (Details) - $ / shares	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Equity Incentive Plans [Abstract]
Outstanding, Beginning Balance - Number of Options	1,036,975
Options Granted - Number of Options
Options Exercised - Number of Options	(61,000)
Options Forfeited - Number of Options
Options Expired - Number of Options
Outstanding, Ending Balance - Number of Options	975,975	1,036,975
Outstanding, Range of Exercise Price, Lower Range Limit (per share)	$ 10.55	$ 9.03
Outstanding, Range of Exercise Price, Upper Range Limit (per share)	13.68	13.68
Options Granted, Exercise Price
Options Forfeited - Exercise Price
Options expired - Exercise prices
Outstanding Number of Options, Beginning Balance - Weighted Average Exercise Price	11.72
Number of Options Granted - Weighted Average Exercise Price
Number of Options, Exercised - Weighted Average Exercise Price	9.03
Number of Options Forfeited - Weighted Average Exercise Price
Number of Options Expired - Weighted Average Exercise Price
Outstanding Number of Options, Ending Balance - Weighted Average Exercise Price	$ 11.89	$ 11.72

Net Income per Common Share (Na

Net Income per Common Share (Narrative) (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Net Income per Common Share [Abstract]
Anti-dilutive outstanding options	0	0	0	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, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Net Income per Common Share [Abstract]
Basic earnings per share: Income available to common stockholders	$ 6,538	$ 13,218	$ 22,901	$ 32,883
Diluted earnings per share: Income available to common stockholders	$ 6,538	$ 13,218	$ 22,901	$ 32,883
Basic earnings per share: Income available to common stockholders, Shares	16,830	16,982	16,868	16,986
Effect of dilutive securities: Stock options: Shares	24	374	83	383
Diluted earnings per share: Income available to common stockholders, Shares	16,854	17,356	16,951	17,369
Basic earnings per share: Income available to common stockholders, Per share amount	$ 0.39	$ 0.78	$ 1.36	$ 1.94
Diluted earnings per share: Income available to common stockholders, Per share amount	$ 0.39	$ 0.76	$ 1.35	$ 1.89

Securities (Summary of Disaggre

Securities (Summary of Disaggregated Net Income on Equity Securities) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Securities [Abstract]
Net losses recognized during the period on equity securities held at the reporting date	$ (436)	$ (559)	$ (4,157)	$ (5,487)
Net losses recognized during the period on equity securities sold during the period	(58)		(233)	(59)
Realized and unrealized losses on equity investments during the reporting period	$ (494)	$ (559)	$ (4,390)	$ (5,546)

Securities (Amortized Cost and

Securities (Amortized Cost and Gross Unrealized Gains and Losses on Securities Available for Sale) (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Schedule of Available-for-sale Securities [Line Items]
Debt Securities, Amortized Cost	$ 98,264	$ 99,602
Debt securities: Gross Unrealized Losses	12,092	7,887
Debt securities: Fair Value	86,172	91,715
Residential Mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Debt securities, More than one to five years, Amortized Cost	708
Debt securities, More than five to ten years, Amortized Cost	4,388	5,445
Debt securities, More than ten years, Amortized Cost	33,604	23,210
Debt Securities, Amortized Cost	38,700	28,655
Debt securities: More than one to five years, Gross Unrealized Losses	41
Debt securities: More than five to ten years, Gross Unrealized Losses	381	350
Debt securities: More than ten years, Gross Unrealized Losses	4,613	3,435
Debt securities: Gross Unrealized Losses	5,035	3,785
Debt securities: More than one to five years, Fair Value	667
Debt securities: More than five to ten years, Fair Value	4,007	5,095
Debt securities: More than ten years, Fair Value	28,991	19,775
Debt securities: Fair Value	33,665	24,870
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Debt securities, Due within one year, Amortized Cost		7,321
Debt securities, More than one to five years, Amortized Cost	6,000
Debt securities, More than five to ten years, Amortized Cost	53,564	59,629
Debt Securities, Amortized Cost	59,564	66,950
Debt securities: Due within one year, Gross Unrealized Losses		91
Debt securities: More than one to five years, Gross Unrealized Losses	115
Debt securities: More than five to ten years, Gross Unrealized Losses	6,942	4,005
Debt securities: Gross Unrealized Losses	7,057	4,096
Debt securities: Due within one year, Fair Value		7,230
Debt securities: More than one to five years, Fair Value	5,885
Debt securities: More than five to ten years, Fair Value	46,622	55,624
Debt securities: Fair Value	$ 52,507	62,854
Municipal Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
Debt securities, More than ten years, Amortized Cost		3,997
Debt Securities, Amortized Cost		3,997
Debt securities: More than ten years, Gross Unrealized Losses		6
Debt securities: Gross Unrealized Losses		6
Debt securities: More than ten years, Fair Value		3,991
Debt securities: Fair Value		$ 3,991

Securities (Available for Sale

Securities (Available for Sale Securities, Continuous Unrealized Loss Position, Fair Value) (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Schedule of Available-for-sale Securities [Line Items]
Debt Securities, 12 Months or Less - Fair Value	$ 34,967	$ 72,960
Debt Securities, More than 12 Months - Fair Value	49,905	17,456
Debt Securities - Total Fair Value	84,872	90,416
Debt Securities, 12 Months or Less - Unrealized Losses	2,995	5,227
Debt Securities, More than 12 Months - Unrealized Losses	9,097	2,660
Debt Securities - Total Unrealized Losses	12,092	7,887
Residential Mortgage-backed securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Debt Securities, 12 Months or Less - Fair Value	11,987	17,362
Debt Securities, More than 12 Months - Fair Value	21,677	7,508
Debt Securities - Total Fair Value	33,664	24,870
Debt Securities, 12 Months or Less - Unrealized Losses	489	2,022
Debt Securities, More than 12 Months - Unrealized Losses	4,546	1,763
Debt Securities - Total Unrealized Losses	5,035	3,785
Corporate Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Debt Securities, 12 Months or Less - Fair Value	22,980	51,607
Debt Securities, More than 12 Months - Fair Value	28,228	9,948
Debt Securities - Total Fair Value	51,208	61,555
Debt Securities, 12 Months or Less - Unrealized Losses	2,506	3,199
Debt Securities, More than 12 Months - Unrealized Losses	4,551	897
Debt Securities - Total Unrealized Losses	$ 7,057	4,096
Municipal Obligations [Member]
Schedule of Available-for-sale Securities [Line Items]
Debt Securities, 12 Months or Less - Fair Value		3,991
Debt Securities - Total Fair Value		3,991
Debt Securities, 12 Months or Less - Unrealized Losses		6
Debt Securities - Total Unrealized Losses		$ 6

Loans Receivable and Allowanc_3

Loans Receivable and Allowance for Credit Losses (Narrative) (Details) - USD ($)	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans, interest income lost	$ 1,500,000	$ 1,000,000
Loans Receivable within 90 Days	7,931,000	5,109,000
Loans receivable more than 90 days past due and still accruing interest	0	0
Less Than 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans Receivable within 90 Days	$ 303,000	$ 843,000

Loans Receivable and Allowanc_4

Loans Receivable and Allowance for Credit Losses (Recorded Investment in Loans Receivable) (Details) - USD ($) $ in Thousands		Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross		$ 3,322,139	$ 3,082,418	$ 2,823,931
Deferred loan fees, net		(4,498)	(4,714)
Allowance for credit losses		(31,914)	(32,373)
Total Loans, net	[1]	3,285,727	3,045,331
Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross		251,845	250,123	242,238
Commercial & Multi-family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross		2,444,887	2,345,229	2,164,320
Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross		185,202	144,931	153,103
Commercial Business [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross		370,512	282,007	205,661
Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross		66,046	56,888	56,064
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, gross		$ 3,647	$ 3,240	$ 2,545
[1] The Company adopted ASU 2016-13 as of January 1, 2023. Prior year periods have not been restated.

Loans Receivable and Allowanc_5

Loans Receivable and Allowance for Credit Losses (Allowance for Credit Losses) (Details) - USD ($) $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance		$ 30,205	$ 34,113	$ 32,373	$ 37,119
Allowance for credit losses: Charge-offs		(515)	(931)	(555)	(1,703)
Allowance for credit losses: Recoveries		19	13	84	354
Allowance for credit losses: Provision (credit)	[1]	2,205		4,177	(2,575)
Allowance for credit losses: Ending balance: individually evaluated		2,772	4,238	2,772	4,238	$ 2,784
Allowance for credit losses: Ending balance: collectively evaluated		29,142	28,957	29,142	28,957	29,589
Allowance for credit losses: Ending Balance		31,914	33,195	31,914	33,195
Loans receivables: Ending balance: individually evaluated		35,868	40,524	35,868	40,524	28,272
Loans receivables: Ending balance: collectively evaluated		3,286,271	2,783,407	3,286,271	2,783,407	3,054,146
Loans receivables: Ending balance		3,322,139	2,823,931	3,322,139	2,823,931	3,082,418
Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance		2,453	2,565	2,474	4,094
Allowance for credit losses: Charge-offs
Allowance for credit losses: Recoveries		14	7	38	9
Allowance for credit losses: Provision (credit)		(23)	(374)	(212)	(1,905)
Allowance for credit losses: Ending balance: individually evaluated			204		204	196
Allowance for credit losses: Ending balance: collectively evaluated		2,444	1,994	2,444	1,994	2,278
Allowance for credit losses: Ending Balance		2,444	2,198	2,444	2,198
Loans receivables: Ending balance: individually evaluated		355	4,914	355	4,914	5,147
Loans receivables: Ending balance: collectively evaluated		251,490	237,324	251,490	237,324	244,976
Loans receivables: Ending balance		251,845	242,238	251,845	242,238	250,123
Commercial & Multi-family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance		15,045	21,157	21,749	22,065
Allowance for credit losses: Charge-offs
Allowance for credit losses: Recoveries
Allowance for credit losses: Provision (credit)		(595)	390	(176)	(518)
Allowance for credit losses: Ending balance: individually evaluated
Allowance for credit losses: Ending balance: collectively evaluated		14,450	21,547	14,450	21,547	21,749
Allowance for credit losses: Ending Balance		14,450	21,547	14,450	21,547
Loans receivables: Ending balance: individually evaluated		23,843	27,090	23,843	27,090	15,397
Loans receivables: Ending balance: collectively evaluated		2,421,044	2,137,230	2,421,044	2,137,230	2,329,832
Loans receivables: Ending balance		2,444,887	2,164,320	2,444,887	2,164,320	2,345,229
Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance		4,090	2,348	2,094	2,231
Allowance for credit losses: Charge-offs
Allowance for credit losses: Recoveries
Allowance for credit losses: Provision (credit)		573	96	1,182	213
Allowance for credit losses: Ending balance: individually evaluated		608	519	608	519	518
Allowance for credit losses: Ending balance: collectively evaluated		4,055	1,925	4,055	1,925	1,576
Allowance for credit losses: Ending Balance		4,663	2,444	4,663	2,444
Loans receivables: Ending balance: individually evaluated		4,931	3,180	4,931	3,180	3,180
Loans receivables: Ending balance: collectively evaluated		180,271	149,923	180,271	149,923	141,751
Loans receivables: Ending balance		185,202	153,103	185,202	153,103	144,931
Commercial Business [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance		7,864	7,639	5,367	8,000
Allowance for credit losses: Charge-offs		(515)	(931)	(555)	(1,703)
Allowance for credit losses: Recoveries		5	2	30	138
Allowance for credit losses: Provision (credit)		2,297	(993)	3,391	(718)
Allowance for credit losses: Ending balance: individually evaluated		2,164	3,509	2,164	3,509	2,066
Allowance for credit losses: Ending balance: collectively evaluated		7,487	2,208	7,487	2,208	3,301
Allowance for credit losses: Ending Balance		9,651	5,717	9,651	5,717
Loans receivables: Ending balance: individually evaluated		6,527	4,607	6,527	4,607	3,821
Loans receivables: Ending balance: collectively evaluated		363,985	201,054	363,985	201,054	278,186
Loans receivables: Ending balance		370,512	205,661	370,512	205,661	282,007
Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance		722	387	485	533
Allowance for credit losses: Charge-offs
Allowance for credit losses: Recoveries			4	16	9
Allowance for credit losses: Provision (credit)		(54)	75	(15)	(76)
Allowance for credit losses: Ending balance: individually evaluated			6		6	4
Allowance for credit losses: Ending balance: collectively evaluated		668	460	668	460	481
Allowance for credit losses: Ending Balance		668	466	668	466
Loans receivables: Ending balance: individually evaluated		212	733	212	733	727
Loans receivables: Ending balance: collectively evaluated		65,834	55,331	65,834	55,331	56,161
Loans receivables: Ending balance		66,046	56,064	66,046	56,064	56,888
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance		31	17	24	14
Allowance for credit losses: Charge-offs
Allowance for credit losses: Recoveries					198
Allowance for credit losses: Provision (credit)		7	3	7	(192)
Allowance for credit losses: Ending balance: individually evaluated
Allowance for credit losses: Ending balance: collectively evaluated		38	20	38	20	24
Allowance for credit losses: Ending Balance		38	20	38	20
Loans receivables: Ending balance: individually evaluated
Loans receivables: Ending balance: collectively evaluated		3,647	2,545	3,647	2,545	3,240
Loans receivables: Ending balance		3,647	2,545	3,647	2,545	3,240
Unallocated [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance				180	182
Allowance for credit losses: Charge-offs
Allowance for credit losses: Recoveries
Allowance for credit losses: Provision (credit)			803		621
Allowance for credit losses: Ending balance: individually evaluated
Allowance for credit losses: Ending balance: collectively evaluated			803		803	$ 180
Allowance for credit losses: Ending Balance			$ 803		$ 803
Loans receivables: Ending balance: individually evaluated
Loans receivables: Ending balance: collectively evaluated
Loans receivables: Ending balance
Effect of Adopting ASU No. 2016-13 ("CECL") [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance				(4,165)
Effect of Adopting ASU No. 2016-13 ("CECL") [Member] | Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance				144
Effect of Adopting ASU No. 2016-13 ("CECL") [Member] | Commercial & Multi-family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance				(7,123)
Effect of Adopting ASU No. 2016-13 ("CECL") [Member] | Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance				1,387
Effect of Adopting ASU No. 2016-13 ("CECL") [Member] | Commercial Business [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance				1,418
Effect of Adopting ASU No. 2016-13 ("CECL") [Member] | Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance				182
Effect of Adopting ASU No. 2016-13 ("CECL") [Member] | Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance				7
Effect of Adopting ASU No. 2016-13 ("CECL") [Member] | Unallocated [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance				(180)
Adjusted Balance [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance				28,208
Adjusted Balance [Member] | Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance				2,618
Adjusted Balance [Member] | Commercial & Multi-family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance				14,626
Adjusted Balance [Member] | Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance				3,481
Adjusted Balance [Member] | Commercial Business [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance				6,785
Adjusted Balance [Member] | Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance				667
Adjusted Balance [Member] | Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for credit losses: Beginning Balance				$ 31
[1] The Company adopted ASU 2016-13 as of January 1, 2023. Prior year periods have not been restated.

Loans Receivable and Allowanc_6

Loans Receivable and Allowance for Credit Losses (Allowance for Credit Losses on Off-Balance Sheet Exposures) (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for Credit Losses on Off-Balance Sheet Exposures: Beginning Balance	$ 254
Allowance for Credit Losses on Off-Balance Sheet Exposures: Provision (benefit)	148	$ (864)
Allowance for Credit Losses on Off-Balance Sheet Exposures: Ending Balance	$ 402	402
Effect of Adopting ASU No. 2016-13 ("CECL") [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Allowance for Credit Losses on Off-Balance Sheet Exposures: Beginning Balance		$ 1,266

Loans Receivable and Allowanc_7

Loans Receivable and Allowance for Credit Losses (Delinquency Status of Total Loans) (Details) - USD ($)	Sep. 30, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 3,322,139,000	$ 3,082,418,000
Loans Receivable >90 Days and Accruing	0	0
Total Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	34,441,000	9,428,000
30 To 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	14,773,000	3,305,000
60 To 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	12,539,000	1,857,000
Greater Than 90 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	7,129,000	4,266,000
Current [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	3,287,698,000	3,072,990,000
Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	251,845,000	250,123,000
Commercial & Multi-family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	2,444,887,000	2,345,229,000
Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	185,202,000	144,931,000
Commercial Business [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	370,512,000	282,007,000
Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	66,046,000	56,888,000
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	3,647,000	3,240,000
Originated loans [Member] | Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	251,845,000	250,123,000
Loans Receivable >90 Days and Accruing
Originated loans [Member] | Residential [Member] | Total Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	1,084,000	567,000
Originated loans [Member] | Residential [Member] | 30 To 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	50,000	253,000
Originated loans [Member] | Residential [Member] | 60 To 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	856,000	314,000
Originated loans [Member] | Residential [Member] | Greater Than 90 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	178,000
Originated loans [Member] | Residential [Member] | Current [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	250,761,000	249,556,000
Originated loans [Member] | Commercial & Multi-family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	2,444,887,000	2,345,229,000
Loans Receivable >90 Days and Accruing
Originated loans [Member] | Commercial & Multi-family [Member] | Total Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	21,840,000	2,591,000
Originated loans [Member] | Commercial & Multi-family [Member] | 30 To 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	12,195,000	2,163,000
Originated loans [Member] | Commercial & Multi-family [Member] | 60 To 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	6,378,000	428,000
Originated loans [Member] | Commercial & Multi-family [Member] | Greater Than 90 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	3,267,000
Originated loans [Member] | Commercial & Multi-family [Member] | Current [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	2,423,047,000	2,342,638,000
Originated loans [Member] | Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	185,202,000	144,931,000
Loans Receivable >90 Days and Accruing
Originated loans [Member] | Construction [Member] | Total Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	4,931,000	3,180,000
Originated loans [Member] | Construction [Member] | 30 To 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans
Originated loans [Member] | Construction [Member] | 60 To 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	2,045,000
Originated loans [Member] | Construction [Member] | Greater Than 90 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	2,886,000	3,180,000
Originated loans [Member] | Construction [Member] | Current [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	180,271,000	141,751,000
Originated loans [Member] | Commercial Business [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	370,512,000	282,007,000
Loans Receivable >90 Days and Accruing
Originated loans [Member] | Commercial Business [Member] | Total Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	5,949,000	2,391,000
Originated loans [Member] | Commercial Business [Member] | 30 To 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	2,056,000	190,000
Originated loans [Member] | Commercial Business [Member] | 60 To 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	3,095,000	1,115,000
Originated loans [Member] | Commercial Business [Member] | Greater Than 90 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	798,000	1,086,000
Originated loans [Member] | Commercial Business [Member] | Current [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	364,563,000	279,616,000
Originated loans [Member] | Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	66,046,000	56,888,000
Loans Receivable >90 Days and Accruing
Originated loans [Member] | Home Equity [Member] | Total Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	636,000	699,000
Originated loans [Member] | Home Equity [Member] | 30 To 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	472,000	699,000
Originated loans [Member] | Home Equity [Member] | 60 To 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	164,000
Originated loans [Member] | Home Equity [Member] | Greater Than 90 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans
Originated loans [Member] | Home Equity [Member] | Current [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	65,410,000	56,189,000
Originated loans [Member] | Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	3,647,000	3,240,000
Loans Receivable >90 Days and Accruing
Originated loans [Member] | Consumer [Member] | Total Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	1,000
Originated loans [Member] | Consumer [Member] | 30 To 59 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans
Originated loans [Member] | Consumer [Member] | 60 To 90 Days Past Due [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	1,000
Originated loans [Member] | Consumer [Member] | Greater Than 90 Days [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans
Originated loans [Member] | Consumer [Member] | Current [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 3,646,000	$ 3,240,000

Loans Receivable and Allowanc_8

Loans Receivable and Allowance for Credit Losses (Non-Accruing Loans) (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans	$ 7,931	$ 5,109
Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans	178	243
Commercial & Multi-family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans	3,267	346
Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans	2,886	3,180
Commercial Business [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Non-accrual loans	$ 1,600	$ 1,340

Loans Receivable and Allowanc_9

Loans Receivable and Allowance for Credit Losses (Loan Portfolio by Pass Rating) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans, Current Fiscal Year	$ 259,298		$ 259,298		$ 966,179
Total Loans, Fiscal Year Before Latest Fiscal Year	960,433		960,433		341,920
Total Loans, Two Years Before Latest Fiscal Year	332,800		332,800		292,806
Total Loans, Three Years Before Latest Fiscal Year	279,364		279,364		78,669
Total Loans, Four Years Before Latest Fiscal Year	73,663		73,663		376,336
Total Loans, Prior	1,047,326		1,047,326		758,958
Total Loans, Revolving Loans	368,547		368,547		266,825
Total Loans, Revolving Loans to Term Loans	708		708		725
Total Loans	3,322,139		3,322,139		3,082,418
Gross Charge-Offs, Current Fiscal Year			250
Gross Charge-Offs, Fiscal Year Before Latest Fiscal Year			305
Gross Charge-Offs	515	$ 931	555	$ 1,703
Residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans, Current Fiscal Year	16,805		16,805		56,893
Total Loans, Fiscal Year Before Latest Fiscal Year	55,104		55,104		40,644
Total Loans, Two Years Before Latest Fiscal Year	39,811		39,811		33,019
Total Loans, Three Years Before Latest Fiscal Year	31,622		31,622		12,959
Total Loans, Four Years Before Latest Fiscal Year	12,184		12,184		23,918
Total Loans, Prior	96,319		96,319		82,690
Total Loans	251,845		251,845		250,123
Gross Charge-Offs
Residential [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans, Current Fiscal Year	16,805		16,805		56,893
Total Loans, Fiscal Year Before Latest Fiscal Year	54,608		54,608		40,465
Total Loans, Two Years Before Latest Fiscal Year	38,402		38,402		33,019
Total Loans, Three Years Before Latest Fiscal Year	31,622		31,622		12,959
Total Loans, Four Years Before Latest Fiscal Year	12,184		12,184		23,918
Total Loans, Prior	96,050		96,050		82,144
Total Loans	249,671		249,671		249,398
Residential [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans, Fiscal Year Before Latest Fiscal Year	496		496
Total Loans, Two Years Before Latest Fiscal Year	91		91
Total Loans, Prior	91		91		303
Total Loans	678		678		303
Residential [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans, Fiscal Year Before Latest Fiscal Year					179
Total Loans, Two Years Before Latest Fiscal Year	1,318		1,318
Total Loans, Prior	178		178		243
Total Loans	1,496		1,496		422
Commercial & Multi-family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans, Current Fiscal Year	219,180		219,180		854,898
Total Loans, Fiscal Year Before Latest Fiscal Year	825,697		825,697		234,441
Total Loans, Two Years Before Latest Fiscal Year	230,152		230,152		235,830
Total Loans, Three Years Before Latest Fiscal Year	221,430		221,430		55,752
Total Loans, Four Years Before Latest Fiscal Year	52,614		52,614		320,353
Total Loans, Prior	893,892		893,892		643,955
Total Loans, Revolving Loans	1,922		1,922
Total Loans	2,444,887		2,444,887		2,345,229
Gross Charge-Offs
Commercial & Multi-family [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans, Current Fiscal Year	219,180		219,180		854,299
Total Loans, Fiscal Year Before Latest Fiscal Year	822,626		822,626		234,441
Total Loans, Two Years Before Latest Fiscal Year	226,073		226,073		235,830
Total Loans, Three Years Before Latest Fiscal Year	217,855		217,855		55,752
Total Loans, Four Years Before Latest Fiscal Year	52,614		52,614		312,353
Total Loans, Prior	848,504		848,504		628,191
Total Loans, Revolving Loans	1,922		1,922
Total Loans	2,388,774		2,388,774		2,320,866
Commercial & Multi-family [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans, Prior	26,690		26,690		14,183
Total Loans	26,690		26,690		14,183
Commercial & Multi-family [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans, Current Fiscal Year					599
Total Loans, Fiscal Year Before Latest Fiscal Year	3,071		3,071
Total Loans, Two Years Before Latest Fiscal Year	4,079		4,079
Total Loans, Three Years Before Latest Fiscal Year	3,575		3,575
Total Loans, Four Years Before Latest Fiscal Year					8,000
Total Loans, Prior	18,698		18,698		1,581
Total Loans	29,423		29,423		10,180
Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans, Current Fiscal Year	15,108		15,108		51,783
Total Loans, Fiscal Year Before Latest Fiscal Year	77,130		77,130		58,827
Total Loans, Two Years Before Latest Fiscal Year	57,434		57,434		17,518
Total Loans, Three Years Before Latest Fiscal Year	21,085		21,085
Total Loans, Four Years Before Latest Fiscal Year					4,974
Total Loans, Prior	8,764		8,764		4,031
Total Loans, Revolving Loans	5,681		5,681		7,798
Total Loans	185,202		185,202		144,931
Gross Charge-Offs
Construction [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans, Current Fiscal Year	15,108		15,108		51,783
Total Loans, Fiscal Year Before Latest Fiscal Year	75,672		75,672		58,827
Total Loans, Two Years Before Latest Fiscal Year	57,434		57,434		17,518
Total Loans, Three Years Before Latest Fiscal Year	20,499		20,499
Total Loans, Four Years Before Latest Fiscal Year					1,794
Total Loans, Prior	5,878		5,878		4,031
Total Loans, Revolving Loans	5,681		5,681		7,798
Total Loans	180,272		180,272		141,751
Construction [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans, Fiscal Year Before Latest Fiscal Year	1,458		1,458
Total Loans, Three Years Before Latest Fiscal Year	586		586
Total Loans, Four Years Before Latest Fiscal Year					3,180
Total Loans, Prior	2,886		2,886
Total Loans	4,930		4,930		3,180
Commercial Business [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans, Current Fiscal Year	2,553		2,553		70
Total Loans, Fiscal Year Before Latest Fiscal Year	305		305		5,331
Total Loans, Two Years Before Latest Fiscal Year	3,314		3,314		5,470
Total Loans, Three Years Before Latest Fiscal Year	4,333		4,333		8,501
Total Loans, Four Years Before Latest Fiscal Year	7,512		7,512		25,626
Total Loans, Prior	41,750		41,750		21,845
Total Loans, Revolving Loans	310,745		310,745		215,164
Total Loans	370,512		370,512		282,007
Gross Charge-Offs	515	$ 931	555	$ 1,703
Commercial Business [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans, Current Fiscal Year	2,553		2,553		70
Total Loans, Fiscal Year Before Latest Fiscal Year	305		305		5,331
Total Loans, Two Years Before Latest Fiscal Year	3,314		3,314		5,470
Total Loans, Three Years Before Latest Fiscal Year	4,333		4,333		8,070
Total Loans, Four Years Before Latest Fiscal Year	7,143		7,143		22,940
Total Loans, Prior	36,487		36,487		19,487
Total Loans, Revolving Loans	304,133		304,133		212,402
Total Loans	358,268		358,268		273,770
Commercial Business [Member] | Special Mention [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans, Three Years Before Latest Fiscal Year					431
Total Loans, Four Years Before Latest Fiscal Year	369		369
Total Loans, Prior	1,666		1,666		1,600
Total Loans, Revolving Loans	3,582		3,582		2,385
Total Loans	5,617		5,617		4,416
Commercial Business [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans, Four Years Before Latest Fiscal Year					2,686
Total Loans, Prior	3,597		3,597		758
Total Loans, Revolving Loans	3,030		3,030		377
Total Loans	6,627		6,627		3,821
Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans, Current Fiscal Year	4,189		4,189		1,541
Total Loans, Fiscal Year Before Latest Fiscal Year	1,704		1,704		643
Total Loans, Two Years Before Latest Fiscal Year	565		565		830
Total Loans, Three Years Before Latest Fiscal Year	782		782		1,390
Total Loans, Four Years Before Latest Fiscal Year	1,306		1,306		1,465
Total Loans, Prior	6,601		6,601		6,437
Total Loans, Revolving Loans	50,191		50,191		43,857
Total Loans, Revolving Loans to Term Loans	708		708		725
Total Loans	66,046		66,046		56,888
Gross Charge-Offs
Home Equity [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans, Current Fiscal Year	4,189		4,189		1,541
Total Loans, Fiscal Year Before Latest Fiscal Year	1,704		1,704		643
Total Loans, Two Years Before Latest Fiscal Year	565		565		830
Total Loans, Three Years Before Latest Fiscal Year	782		782		1,390
Total Loans, Four Years Before Latest Fiscal Year	1,306		1,306		1,465
Total Loans, Prior	6,601		6,601		6,437
Total Loans, Revolving Loans	50,074		50,074		43,857
Total Loans, Revolving Loans to Term Loans	496		496		513
Total Loans	65,717		65,717		56,676
Home Equity [Member] | Substandard [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans, Revolving Loans	117		117
Total Loans, Revolving Loans to Term Loans	212		212		212
Total Loans	329		329		212
Consumer [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans, Current Fiscal Year	1,463		1,463		994
Total Loans, Fiscal Year Before Latest Fiscal Year	493		493		2,034
Total Loans, Two Years Before Latest Fiscal Year	1,524		1,524		139
Total Loans, Three Years Before Latest Fiscal Year	112		112		67
Total Loans, Four Years Before Latest Fiscal Year	47		47
Total Loans, Revolving Loans	8		8		6
Total Loans	3,647		3,647		3,240
Gross Charge-Offs
Consumer [Member] | Pass [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans, Current Fiscal Year	1,463		1,463		994
Total Loans, Fiscal Year Before Latest Fiscal Year	493		493		2,034
Total Loans, Two Years Before Latest Fiscal Year	1,524		1,524		139
Total Loans, Three Years Before Latest Fiscal Year	112		112		67
Total Loans, Four Years Before Latest Fiscal Year	47		47
Total Loans, Revolving Loans	8		8		6
Total Loans	$ 3,647		$ 3,647		$ 3,240

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Details) - USD ($)						3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 14, 2023	Sep. 23, 2022	May 01, 2022	Mar. 24, 2022	Feb. 04, 2022	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Stockholders' Equity Note [Line Items]
Preferred stock, par value per share						$ 0.01		$ 0.01		$ 0.01
Preferred stock redeemed, value						$ 220,000		$ 220,000	$ 14,730,000
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%
Preferred stock redeemed, shares	22
Preferred stock, redemption price	$ 10,000
Preferred stock redeemed, value	$ 220,000
Series D Preferred Stock [Member]
Stockholders' Equity Note [Line Items]
Preferred stock, dividend rate			4.50%						4.50%
Preferred stock redeemed, shares			940
Preferred stock, redemption price			$ 10,000
Preferred stock redeemed, value			$ 9,400,000
Series I Preferred Stock [Member]
Stockholders' Equity Note [Line Items]
Preferred stock, par value per share		$ 0.01		$ 0.01
Preferred stock, dividend rate						3%	3%	3%	3%	3%
Proceeds from issuance of private placement		$ 4,440,000		$ 2,620,000
Shares issued		444		260
Series G Preferred Stock [Member]
Stockholders' Equity Note [Line Items]
Preferred stock, dividend rate					6%				6%
Preferred stock redeemed, shares					533
Preferred stock, redemption price					$ 10,000
Preferred stock redeemed, value					$ 5,300,000

Bank-Owned Life Insurance (Narr

Bank-Owned Life Insurance (Narrative) (Details) $ in Millions	Sep. 30, 2023 USD ($)
Bank-Owned Life Insurance [Abstract]
Bank owned life insurance, amount	$ 72.8

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Narrative) (Details) - USD ($)	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Impairment of intangible assets	$ 0
Goodwill	5,200,000		$ 5,200,000
Core Deposit Intangibles [Member]
Amortization expense	94,000	$ 37,000
Intangible assets, net	$ 35,000		$ 129,000
Intangible asset, useful life	10 years

Fair Values of Financial Inst_3

Fair Values of Financial Instruments (Narrative) (Details) - USD ($)	3 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Transfers between fair value hierarchy	$ 0	$ 0
Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Liabilities	0	0
(Level 3) Significant Unobservable Inputs [Member] | Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	7,100,000	8,400,000
Valuation allowance	$ 4,200,000	$ 2,800,000

Fair Values of Financial Inst_4

Fair Values of Financial Instruments (Fair Value Measurements, Recurring) (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities Available for Sale	$ 86,172	$ 91,715
Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities Available for Sale	86,172	91,715
Marketable Equities	8,272	17,686
Total Securities	94,444	109,401
(Level 1) Quoted Prices In Active Markets For Identical Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities Available for Sale
Marketable Equities	8,272	17,686
(Level 1) Quoted Prices In Active Markets For Identical Assets [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	8,272	17,686
Total Securities	8,272	17,686
(Level 2) Significant Other Observable Inputs [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities Available for Sale	86,172	91,715
Marketable Equities
(Level 2) Significant Other Observable Inputs [Member] | Fair Value, Recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities Available for Sale	86,172	91,715
Marketable Equities
Total Securities	86,172	91,715
(Level 3) Significant Unobservable Inputs [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities Available for Sale
Marketable Equities
(Level 3) Significant Unobservable Inputs [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, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	$ 75	$ 75
(Level 3) Significant Unobservable Inputs [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually Evaluated Loans	2,876	5,587
Other real estate owned	75	75
Individually Evaluated Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually Evaluated Loans	2,876	5,587
Individually Evaluated Loans [Member] | (Level 1) Quoted Prices In Active Markets For Identical Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually Evaluated Loans
Individually Evaluated Loans [Member] | (Level 2) Significant Other Observable Inputs [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually Evaluated Loans
Individually Evaluated Loans [Member] | (Level 3) Significant Unobservable Inputs [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually Evaluated Loans	2,876	5,587
Other Real Estate Owned [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	75	75
Other Real Estate Owned [Member] | (Level 1) Quoted Prices In Active Markets For Identical Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned
Other Real Estate Owned [Member] | (Level 2) Significant Other Observable Inputs [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned
Other Real Estate Owned [Member] | (Level 3) Significant Unobservable Inputs [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other real estate owned	$ 75	$ 75

Fair Values of Financial Inst_6

Fair Values of Financial Instruments (Quantitative Information About Level 3 Fair Value Measurements) (Details) $ in Thousands	Sep. 30, 2023 USD ($) item	Dec. 31, 2022 USD ($) item
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other Real Estate Owned | $	$ 75	$ 75
(Level 3) Significant Unobservable Inputs [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually Evaluated Loans | $	2,876	5,587
Other Real Estate Owned | $	$ 75	$ 75
(Level 3) Significant Unobservable Inputs [Member] | Minimum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually Evaluated Loans, Range	0	0
Other Real Estate Owned, Range	0	0
(Level 3) Significant Unobservable Inputs [Member] | Maximum [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Individually Evaluated Loans, Range	10	10
Other Real Estate Owned, Range	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, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt securities available for sale	$ 86,172	$ 91,715
Carrying Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	251,916	229,359
Interest-earning time deposits	735	735
Debt securities available for sale	86,172	91,715
Equity investments	8,272	17,686
Loans held for sale	472	658
Loans receivable, net	3,285,727	3,045,331
FHLB of New York stock, at cost	31,629	20,113
Accrued interest receivable	16,175	13,455
Deposits	2,819,556	2,811,607
Debt	622,674	382,261
Subordinated debentures	37,624	37,508
Accrued interest payable	5,735	3,073
Fair Value [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	251,916	229,359
Interest-earning time deposits	735	735
Debt securities available for sale	86,172	91,715
Equity investments	8,272	17,686
Loans held for sale	472	658
Loans receivable, net	3,088,826	2,876,925
FHLB of New York stock, at cost	31,629	20,113
Accrued interest receivable	16,175	13,455
Deposits	2,813,939	2,499,978
Debt	615,575	377,227
Subordinated debentures	39,262	40,113
Accrued interest payable	5,735	3,073
(Level 1) Quoted Prices In Active Markets For Identical Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents	251,916	229,359
Interest-earning time deposits
Debt securities available for sale
Equity investments	8,272	17,686
Loans held for sale
Loans receivable, net
FHLB of New York stock, at cost
Accrued interest receivable
Deposits	1,740,300	1,713,754
Debt
Subordinated debentures
Accrued interest payable
(Level 2) Significant Other Observable Inputs [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents
Interest-earning time deposits	735	735
Debt securities available for sale	86,172	91,715
Equity investments
Loans held for sale	472	658
Loans receivable, net
FHLB of New York stock, at cost	31,629	20,113
Accrued interest receivable	16,175	13,455
Deposits	1,073,639	786,224
Debt	615,575	377,227
Subordinated debentures	39,262	40,113
Accrued interest payable	5,735	3,073
(Level 3) Significant Unobservable Inputs [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash and cash equivalents
Interest-earning time deposits
Debt securities available for sale
Equity investments
Loans held for sale
Loans receivable, net	3,088,826	2,876,925
FHLB of New York stock, at cost
Accrued interest receivable
Deposits
Debt
Subordinated debentures
Accrued interest payable

Subordinated Debt (Narrative) (

Subordinated Debt (Narrative) (Details) - USD ($) $ in Thousands		9 Months Ended
	Aug. 01, 2023	Sep. 30, 2023	Dec. 31, 2022	Jul. 30, 2018
Subordinated Borrowing [Line Items]
Face amount				$ 33,500
Fixed To Floating Rate Subordinated Debentures [Member]
Subordinated Borrowing [Line Items]
Notes term		10 years
Deferred finance costs		$ 0	$ 116
Fixed To Floating Rate Subordinated Debentures [Member] | First Five Years [Member]
Subordinated Borrowing [Line Items]
Interest rate		5.625%
Interest rate term		5 years
Fixed To Floating Rate Subordinated Debentures [Member] | After Five Years [Member]
Subordinated Borrowing [Line Items]
Variable interest rate spread	2.72%
Trust Preferred Junior Subordinated Debenture [Member]
Subordinated Borrowing [Line Items]
Variable interest rate spread		2.65%
Trust preferred securities		$ 4,100
Fixed To Floating Rate And Trust Preferred Junior Subordinated Debentures [Member]
Subordinated Borrowing [Line Items]
Variable interest rate spread		0.26161%

Lease Obligations (Narrative) (

Lease Obligations (Narrative) (Details) - item	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Lessee, Lease, Description [Line Items]
Number of operating leases	25
Weighted average remaining lease term, operating leases	5 years 11 months 12 days	6 years 5 months 26 days
Weighted average discount rate, operating leases	2.95%	2.83%
Minimum [Member]
Lessee, Lease, Description [Line Items]
Remaining lease terms	1 year
Maximum [Member]
Lessee, Lease, Description [Line Items]
Remaining lease terms	10 years

Lease Obligations (Schedule of

Lease Obligations (Schedule of Lease Information) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2022
Commitments and Contingencies [Abstract]
Operating lease expense	$ 878	$ 964	$ 2,710	$ 2,804
Variable lease expense-operating leases	269	$ 258	793	$ 734
Operating lease right-of-use assets	12,953		12,953		$ 13,520
Current liabilities	812		812		3,062
Operating lease liabilities (noncurrent portion)	13,833		13,833		12,218
Imputed Interest	(1,327)		(1,327)		(1,421)
Total Operating Lease Liabilities	$ 13,318		$ 13,318		$ 13,859

Lease Obligations (Summary of M

Lease Obligations (Summary of Maturity of Lease Obligations for Operating Leases) (Details) - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Commitments and Contingencies [Abstract]
One year or less	$ 812	$ 3,062
Over one year through three years	5,468	4,766
Over three years through five years	4,341	3,496
Over five years	4,024	3,956
Gross Operating Lease Liabilities	14,645	15,280
Imputed Interest	(1,327)	(1,421)
Total Operating Lease Liabilities	$ 13,318	$ 13,859

Subsequent Events (Narrative) (

Subsequent Events (Narrative) (Details)	Oct. 18, 2023 $ / shares
Subsequent Event [Line Items]
Date declared	Oct. 18, 2023
Date of record	Nov. 03, 2023
Date paid	Nov. 17, 2023
Subsequent Event [Member]
Subsequent Event [Line Items]
Dividends per common share	$ 0.16