Rhinebeck Bancorp (RBKB) 10-Q 11 Aug 22 2022 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2022	Aug. 01, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	001-38779
Entity Registrant Name	Rhinebeck Bancorp, Inc.
Entity Incorporation, State or Country Code	MD
Entity Tax Identification Number	83-2117268
Entity Address, Address Line One	2 Jefferson Plaza
Entity Address, City or Town	Poughkeepsie
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	12601
City Area Code	845
Local Phone Number	454-8555
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	RBKB
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		11,296,103
Entity Central Index Key	0001751783
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2
Amendment Flag	false

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Assets
Cash and due from banks	$ 39,922	$ 72,091
Available for sale securities (at fair value)	245,628	280,283
Loans receivable (net of allowance for loan losses of $8,169 and $7,559, respectively)	927,188	854,967
Federal Home Loan Bank stock	1,731	1,322
Accrued interest receivable	3,298	3,366
Cash surrender value of life insurance	29,449	29,131
Deferred tax assets (net of valuation allowance of $470 and $454, respectively)	7,962	3,352
Premises and equipment, net	19,067	19,183
Goodwill	2,235	2,235
Intangible assets, net	382	433
Other assets	15,948	14,803
Total assets	1,292,810	1,281,166
Deposits
Non-interest bearing	304,314	314,814
Interest bearing	808,115	787,185
Total deposits	1,112,429	1,101,999
Mortgagors' escrow accounts	12,596	9,130
Advances from the Federal Home Loan Bank	23,806	18,041
Subordinated debt	5,155	5,155
Accrued expenses and other liabilities	25,483	20,872
Total liabilities	1,179,469	1,155,197
Stockholders' Equity
Preferred stock (par value $0.01 per share; 5,000,000 authorized, no shares issued)
Common stock (par value $0.01; authorized 25,000,000; issued and outstanding 11,296,103 at June 30, 2022 and December 31, 2021)	113	113
Additional paid-in capital	46,881	46,573
Unearned common stock held by the employee stock ownership plan	(3,601)	(3,709)
Retained earnings	93,709	89,627
Accumulated other comprehensive loss:
Net unrealized loss on available for sale securities, net of taxes	(19,198)	(2,734)
Defined benefit pension plan, net of taxes	(4,563)	(3,901)
Total accumulated other comprehensive loss	(23,761)	(6,635)
Total stockholders' equity	113,341	125,969
Total liabilities and stockholders' equity	$ 1,292,810	$ 1,281,166

Consolidated Statements of Fi_2

Consolidated Statements of Financial Condition (Parentheticals) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Allowance for loan losses on loans receivable	$ 8,169	$ 7,559
Deferred tax valuation allowance	$ 470	$ 454
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, share authorized	5,000,000	5,000,000
Preferred Stock, shares issued	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common Stock, shares authorized	25,000,000	25,000,000
Common Stock, shares issued	11,296,103	11,296,103
Common stock, shares outstanding	11,296,103	11,296,103

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Interest and Dividend Income
Interest and fees on loans	$ 10,727	$ 9,650	$ 20,808	$ 20,320
Interest and dividends on securities	968	574	1,842	937
Other income	44	13	63	32
Total interest and dividend income	11,739	10,237	22,713	21,289
Interest Expense
Interest expense on deposits	766	930	1,511	1,950
Interest expense on borrowings	106	178	221	428
Total interest expense	872	1,108	1,732	2,378
Net interest income	10,867	9,129	20,981	18,911
Provision for (credit to) loan losses	346	(1,148)	567	(1,217)
Net interest income after provision for (credit to) loan losses	10,521	10,277	20,414	20,128
Non-interest Income
Service charges on deposit accounts	706	618	1,412	1,227
Net realized loss on sales and calls of securities	(162)		(162)
Net gain on sales of loans	293	618	693	1,677
Increase in cash surrender value of life insurance	161	160	318	254
Net gain from sale of other real estate owned		2		2
Gain on disposal of premises and equipment				17
Gain on life insurance				195
Investment advisory income	363	358	703	575
Other	142	100	250	150
Total non-interest income	1,503	1,856	3,214	4,097
Non-interest Expense
Salaries and employee benefits	5,517	4,995	11,036	9,587
Occupancy	1,199	1,038	2,297	1,992
Data processing	456	424	942	819
Professional fees	479	528	873	936
Marketing	201	146	318	234
FDIC deposit insurance and other insurance	194	170	376	341
Other real estate owned expense		2		3
Amortization of intangible assets	24	29	51	42
Other	1,415	1,544	2,697	2,875
Total non-interest expense	9,485	8,876	18,590	16,829
Income before income taxes	2,539	3,257	5,038	7,396
Provision for income taxes	510	692	956	1,510
Net income	$ 2,029	$ 2,565	$ 4,082	$ 5,886
Earnings per common share:
Basic (in dollars per share)	$ 0.19	$ 0.24	$ 0.38	$ 0.55
Diluted (in dollars per share)	$ 0.18	$ 0.23	$ 0.37	$ 0.54
Weighted average shares outstanding, basic	10,820,802	10,748,688	10,818,075	10,745,961
Weighted average shares outstanding, diluted	10,992,428	10,928,343	11,001,460	10,902,916

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Statement of Comprehensive Income [Abstract]
Net Income		$ 2,029	$ 2,565	$ 4,082	$ 5,886
Other Comprehensive (Loss) Income:
Unrealized holding (losses) gains arising during the period		(7,156)	64	(21,003)	(1,417)
Reclassification adjustment for losses included in net realized loss on sales and calls of securities on the consolidated statements of income		162		162
Net unrealized (losses) gains on available for sale securities		(6,994)	64	(20,841)	(1,417)
Tax effect	[1]	1,469	(13)	4,377	298
Unrealized (losses) gains on available for sale securities, net of tax		(5,525)	51	(16,464)	(1,119)
Defined benefit pension plan:
Actuarial (losses) gains arising during the period		(972)	136	(972)	47
Reclassification adjustment for amortization of net actuarial loss	[2]	134	89	134	179
Total		(838)	225	(838)	226
Tax effect	[3]	176	(47)	176	(47)
Defined benefit pension plan (losses) gains, net of tax		(662)	178	(662)	179
Other comprehensive (loss) income:		(6,187)	229	(17,126)	(940)
Total Comprehensive (Loss) Income		$ (4,158)	$ 2,794	$ (13,044)	$ 4,946
[1] Includes $34 for the three and six months ended June 30, 2022 and $0 for the three and six months ended June 30, 2021, for tax effect of realized gains or losses which are included in the provision for income taxes on the consolidated statements of income. Included in other non-interest expense on the consolidated statements of income. Includes $28 for the three and six months ended June 30, 2022 and $19 and $38 for the three and six months ended June 30, 2021, respectively, for tax effect of amortization of net actuarial loss, which are included in the provision for income taxes on the consolidated statements of income.

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parentheticals) - Related income tax expense - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Tax effect of realized gains or losses	$ 34	$ 0	$ 34	$ 0
Tax effect of amortization of net actuarial loss	$ 28	$ 19	$ 28	$ 38

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Common Stock	Additional Paid-in Capital	Unallocated common stock held by the ESOP	Retained Earnings	Accumulated Other Comprehensive Loss	Total
Balance at Dec. 31, 2020	$ 111	$ 46,038	$ (3,928)	$ 78,069	$ (3,791)	$ 116,499
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				3,321		3,321
Other comprehensive loss					(1,169)	(1,169)
ESOP shares committed to be allocated		(3)	55			52
Share-based compensation expense		153				153
Balance at Mar. 31, 2021	111	46,188	(3,873)	81,390	(4,960)	118,856
Balance at Dec. 31, 2020	111	46,038	(3,928)	78,069	(3,791)	116,499
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income						5,886
Other comprehensive loss						(940)
Balance at Jun. 30, 2021	111	46,346	(3,819)	83,955	(4,731)	121,862
Balance at Mar. 31, 2021	111	46,188	(3,873)	81,390	(4,960)	118,856
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				2,565		2,565
Other comprehensive loss					229	229
ESOP shares committed to be allocated		3	54			57
Share-based compensation expense		155				155
Balance at Jun. 30, 2021	111	46,346	(3,819)	83,955	(4,731)	121,862
Balance at Dec. 31, 2021	113	46,573	(3,709)	89,627	(6,635)	125,969
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				2,053		2,053
Other comprehensive loss					(10,939)	(10,939)
ESOP shares committed to be allocated		4	54			58
Share-based compensation expense		152				152
Balance at Mar. 31, 2022	113	46,729	(3,655)	91,680	(17,574)	117,293
Balance at Dec. 31, 2021	113	46,573	(3,709)	89,627	(6,635)	125,969
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income						4,082
Other comprehensive loss						(17,126)
Balance at Jun. 30, 2022	113	46,881	(3,601)	93,709	(23,761)	113,341
Balance at Mar. 31, 2022	113	46,729	(3,655)	91,680	(17,574)	117,293
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income				2,029		2,029
Other comprehensive loss					(6,187)	(6,187)
ESOP shares committed to be allocated		(1)	54			53
Share-based compensation expense		153				153
Balance at Jun. 30, 2022	$ 113	$ 46,881	$ (3,601)	$ 93,709	$ (23,761)	$ 113,341

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Cash Flows from Operating Activities
Net income			$ 4,082	$ 5,886
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization and accretion of premiums and discounts on investments, net			130	94
Net realized loss on sales and calls of securities			162
Provision for (credit to) loan losses	$ 346	$ (1,148)	567	(1,217)
Loans originated for sale			(16,425)	(41,644)
Proceeds from sale of loans			18,835	41,736
Net gain on sale of loans			(693)	(1,677)
Amortization of intangible assets	24	29	51	42	$ 96
Depreciation and amortization			775	716
Gain from disposal of premises and equipment				(17)
Deferred income tax (benefit) expense			(57)	59
Increase in cash surrender value of insurance			(318)	(254)
Decrease (increase) in accrued interest receivable			68	(48)
Expense of earned ESOP shares			111	109
Share-based compensation expense			305	308
Increase in other assets			(1,145)	(4,923)
Increase in accrued expenses and other liabilities			3,773	3,334
Net cash provided by operating activities			10,221	2,504
Cash Flows from Investing Activities
Proceeds from sales and calls of securities			14,825	2,000
Proceeds from maturities and principal repayments of securities			27,922	24,122
Purchases of securities			(29,225)	(126,637)
Net (purchases) redemptions of FHLB Stock			(409)	1,276
Net (increase) decrease in loans			(74,505)	14,095
Purchases of bank owned life insurance				(10,000)
Purchases of bank premises and equipment			(659)	(917)
Net proceeds from life insurance				341
Net cash received from acquisition (Note 2)				32,767
Proceeds from sale of other real estate owned				50
Net cash used in investing activities			(62,051)	(62,903)
Cash Flows from Financing Activities
Net increase in demand deposits, NOW, money market and savings accounts			34,367	86,982
Net decrease in time deposits			(23,937)	(23,018)
Decrease in mortgagors' escrow accounts			3,466	3,315
Net increase (decrease) in short-term debt			7,038	(14,200)
Net decrease in long-term debt			(1,273)	(14,235)
Net cash provided by financing activities			19,661	38,844
Net decrease in cash and due from banks			(32,169)	(21,555)
Cash and Due from Banks
Beginning balance			72,091	93,485	93,485
Ending balance	$ 39,922	$ 71,930	39,922	71,930	$ 72,091
Supplemental Disclosures of Cash Flow Information
Interest			1,740	2,432
Income taxes			$ 957	536
Noncash Investing Activities
Fair value of assets acquired				1,277
Fair value of liabilities assumed				$ 34,044

Nature of Business and Signific

Nature of Business and Significant Accounting Policies	6 Months Ended
	Jun. 30, 2022
Nature of Business and Significant Accounting Policies
Nature of Business and Significant Accounting Policies	1. Nature of Business and Significant Accounting Policies The financial statements include the accounts of Rhinebeck Bancorp, Inc. (the “Company”), a stock holding company, and its wholly-owned subsidiary, Rhinebeck Bank (the “Bank”), a New York chartered stock savings bank. The primary purpose of the Company is to act as a holding company for the Bank. The Bank provides a full range of banking and financial services to consumer and commercial customers through its fifteen branches and two representative offices located in Dutchess, Ulster, Orange, and Albany counties. Financial services, including investment advisory and financial product sales, are offered through a division of the Bank doing business as Rhinebeck Asset Management. The unaudited consolidated financial statements reflect all adjustments, which in the opinion of management are necessary for a fair presentation of the results of the interim periods and are of a normal and recurring nature. Operating results for the three or six months ended June 30, 2022 are not necessarily indicative of the results that may be expected for the year ending December 31, 2022 or for any other period. The unaudited financial statements and other financial information contained in this Quarterly Report on Form 10-Q should be read in conjunction with the audited financial statements, and related notes, of Rhinebeck Bancorp, Inc. at and for the year ended December 31, 2021 contained in the Company’s Annual Report on Form 10-K For more information regarding the Company’s significant accounting policies, see the Notes to the Consolidated Financial Statements in the Company’s Annual Report on Form 10-K Annual Report on Form 10-K Basis of Financial Statements Presentation The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and general practices within the banking industry. In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities, as of the date of the consolidated statements of financial condition and reported amounts of revenues and expenses for the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the evaluation of goodwill for impairment and the valuation of deferred tax assets. Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary. All significant intercompany accounts and transactions have been eliminated in consolidation. On March 12, 2021, the Bank completed a branch purchase and assumption transaction with ConnectOne Bank. Management concluded that the acquisition represented a business combination, which is accounted for using the acquisition method, with the results of operations included in the Company’s consolidated financial statements as of the acquisition date. For additional information, see Note 2. Reclassifications Certain amounts in the prior year consolidated financial statements have been reclassified to conform to the current year’s presentation. COVID-19 Significant progress has been made to combat the outbreak of COVID-19; however, the global pandemic has adversely impacted a broad range of industries in which the Company's customers operate and could still impair their ability to fulfill their financial obligations to the Company. The Company’s business is dependent upon the willingness and ability of its employees and customers to conduct banking and other financial transactions. If there is a resurgence in the virus or variant strains of the virus increase, the Company could experience further adverse effects on its business, financial condition, results of operations and cash flows. It is not possible to know the full extent of the impact of COVID-19 and the effects it will have on the Company's future operations. Impact of Recent Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-13 on “Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” This ASU requires credit losses on most financial assets be measured at amortized cost and certain other instruments to be measured using an expected credit loss model (referred to as the current expected credit loss (“CECL”) model). Under this model, entities will estimate credit losses over the entire contractual term of the instrument from the date of initial recognition of that instrument. The measurement of expected credit losses is based upon relevant information about past events, including historical experience, current conditions and reasonable and supportable forecasts that affect the collectability of the reported amount. On October 16, 2019, the FASB approved a delay for conversion to the CECL methodology to January 2023 for smaller reporting companies, other public business entities, private companies and non-profits. The Company is currently assessing the effect of ASU No. 2016-13 and has engaged with a software vendor to assist in its efforts. In March 2022, the FASB issued ASU 2022-02, “Financial Instruments—Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures”. The amendments in Update 2016-13 require that an entity measure and record the lifetime expected credit losses on an asset upon origination or acquisition, and, as a result, credit losses from loans modified as troubled debt restructurings (“TDRs”) have been incorporated into the allowance for credit losses. The amendments in this Update eliminate the accounting guidance for TDRs by creditors in Subtopic 310-40, “Receivables—Troubled Debt Restructurings by Creditors”, while enhancing disclosure requirements for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. Specifically, rather than applying the recognition and measurement guidance for TDRs, an entity must apply the loan refinancing and restructuring guidance in paragraphs 310-20-35-9 through 35-11 to determine whether a modification results in a new loan or a continuation of an existing loan. The amendments in this Update should be applied prospectively, except as provided in the next sentence. For the transition method related to the recognition and measurement of TDRs, an entity has the option to apply a modified retrospective transition method, resulting in a cumulative-effect adjustment to retained earnings in the period of adoption. ASU 2022-02 is effective for the Company in 2023 upon adoption of ASU 2016-13. The Company does not expect the new guidance to have a material impact on the consolidated financial statements. Emerging Growth Company Status As an emerging growth company, the Company may delay adoption of new or revised financial accounting standards until such date that the standards are required to be adopted by non-issuer companies. If such standards would not apply to non-issuer companies, no deferral would be applicable. The Company is taking advantage of the benefits of the extended transition periods allowed under the Jumpstart Our Business Startups Act. Accordingly, the Company’s consolidated financial statements may not be comparable to those of public companies that adopt new or revised financial accounting standards as of an earlier date. The effective dates of the recent accounting standards reflect those that relate to non-issuer companies. ​

Acquisition

Acquisition	6 Months Ended
	Jun. 30, 2022
Acquisition
Acquisition	2. Acquisition On October 26, 2020, the Bank entered into a branch purchase and assumption agreement with ConnectOne Bank, the wholly-owned subsidiary of ConnectOne Bancorp, Inc., to acquire two branches located in Orange County, New York, as well as certain deposits and other assets and liabilities. The transaction closed on March 12, 2021 with the transfer of $33,863 of deposits. Management concluded that the acquisition represented a business combination, which was accounted for using the acquisition method, with the results of operations included in the Company’s consolidated financial statements as of the acquisition date. The following table summarizes the estimated fair values of the assets acquired and liabilities assumed in the March 12, 2021 transaction with ConnectOne, and reflects all adjustments made to the fair value of the opening balance sheet through June 30, 2022: ​ ​ ​ ​ ​ ​ March 12, Fair value of consideration transferred, assets acquired and liabilities assumed ​ 2021 Total cash received on acquisition ​ $ 32,767 ​ ​ ​ ​ Assets acquired ​ ​ ​ Fixed assets ​ ​ 113 Reimbursed expenses ​ ​ 9 Core deposit intangible (1) ​ ​ 330 Total assets acquired ​ ​ 452 ​ ​ ​ ​ Liabilities assumed ​ ​ ​ Deposits ​ ​ 33,863 Mark-to-market adjustment ​ ​ 181 Total liabilities assumed ​ ​ 34,044 Net liabilities acquired ​ ​ (33,592) Goodwill recognized ​ $ 825 _____________________________ (1) The core deposit intangible was determined to have an estimated life of approximately 13 years . The Company incurred $71 of expenses in 2021 related to the acquisition. Acquisition expenses, including professional fees, are included in the total non-interest expense line item in the condensed consolidated statement of income.

Investment Securities

Investment Securities	6 Months Ended
	Jun. 30, 2022
Investment Securities
Investment Securities	3. Investment Securities The amortized cost, gross unrealized gains and losses and fair values of available for sale securities are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ ​ ​ ​ Gross ​ Gross ​ ​ ​ ​ ​ ​ Unrealized ​ Unrealized ​ ​ ​ Amortized Cost Gains Losses Fair Value U.S. Treasury securities ​ $ 40,224 ​ $ — ​ $ (1,966) ​ $ 38,258 U.S. government agency mortgage-backed securities–residential ​ ​ 185,427 ​ ​ — ​ ​ (20,221) ​ ​ 165,206 U.S. government agency securities ​ 24,791 ​ — ​ (1,489) ​ 23,302 Municipal securities (1) ​ 5,146 ​ — ​ (264) ​ 4,882 Corporate bonds ​ 13,700 ​ 10 ​ (577) ​ 13,133 Other ​ 642 ​ 205 ​ — ​ 847 Total ​ $ 269,930 ​ $ 215 ​ $ (24,517) ​ $ 245,628 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ ​ ​ ​ Gross ​ Gross ​ ​ ​ ​ ​ ​ Unrealized ​ Unrealized ​ ​ ​ Amortized Cost Gains Losses Fair Value U.S. Treasury securities ​ $ 60,273 ​ $ 2 ​ $ (450) ​ $ 59,825 U.S. government agency mortgage-backed securities–residential ​ ​ 179,493 ​ ​ 344 ​ ​ (3,346) ​ ​ 176,491 U.S. government agency securities ​ ​ 24,800 ​ 53 ​ (131) ​ 24,722 Municipal securities (1) ​ 6,858 ​ 33 ​ (40) ​ 6,851 Corporate bonds ​ ​ 11,700 ​ 117 ​ (65) ​ 11,752 Other ​ ​ 620 ​ 22 ​ — ​ 642 Total ​ $ 283,744 ​ $ 571 ​ $ (4,032) ​ $ 280,283 (1) The issuers of municipal securities are all within New York State. The following table presents the fair value and unrealized losses of the Company’s available for sale securities with gross unrealized losses aggregated by the length of time the individual securities have been in a continuous unrealized loss position: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ ​ Less Than 12 Months ​ 12 Months or Longer ​ Total ​ ​ ​ ​ Unrealized ​ ​ ​ Unrealized ​ ​ ​ Unrealized ​ Fair Value Losses Fair Value Losses Fair Value Losses U.S. Treasury securities ​ $ 24,176 ​ $ (956) ​ $ 14,082 ​ $ (1,010) ​ $ 38,258 ​ $ (1,966) U.S. government agency mortgage-backed securities-residential ​ ​ 128,642 ​ ​ (14,543) ​ ​ 36,564 ​ ​ (5,678) ​ ​ 165,206 ​ ​ (20,221) U.S. government agency securities ​ ​ 22,403 ​ ​ (1,388) ​ ​ 899 ​ ​ (101) ​ ​ 23,302 ​ ​ (1,489) Municipal securities ​ ​ 2,992 ​ ​ (147) ​ ​ 1,214 ​ ​ (117) ​ ​ 4,206 ​ ​ (264) Corporate bonds ​ ​ 10,731 ​ ​ (568) ​ ​ 391 ​ ​ (9) ​ ​ 11,122 ​ ​ (577) Total ​ $ 188,944 ​ $ (17,602) ​ $ 53,150 ​ $ (6,915) ​ $ 242,094 ​ $ (24,517) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ ​ Less Than 12 Months ​ 12 Months or Longer ​ Total ​ ​ ​ ​ Unrealized ​ ​ ​ Unrealized ​ ​ ​ Unrealized ​ Fair Value Losses Fair Value Losses Fair Value Losses U.S. Treasury securities ​ $ 49,007 ​ $ (268) ​ $ 5,797 ​ $ (182) ​ $ 54,804 ​ $ (450) U.S. government agency mortgage-backed securities-residential ​ ​ 139,019 ​ ​ (3,035) ​ ​ 11,002 ​ ​ (311) ​ ​ 150,021 ​ ​ (3,346) U.S. government agency securities ​ ​ 14,625 ​ ​ (131) ​ ​ — ​ ​ — ​ ​ 14,625 ​ ​ (131) Municipal securities ​ ​ 2,469 ​ ​ (40) ​ ​ — ​ ​ — ​ ​ 2,469 ​ ​ (40) Corporate bonds ​ ​ 5,885 ​ ​ (65) ​ ​ — ​ ​ — ​ ​ 5,885 ​ ​ (65) Total ​ $ 211,005 ​ $ (3,539) ​ $ 16,799 ​ $ (493) ​ $ 227,804 ​ $ (4,032) ​ At June 30, 2022, the Company had 239 individual available-for-sale securities in an unrealized loss position with unrealized losses totaling $24,517 with an aggregate depreciation of 10.13% from the Company’s amortized cost. ​ Management believes that none of the unrealized losses on available for sale securities are other-than-temporary because substantially all of the unrealized losses in the Company’s investment portfolio relate to market interest rate changes on debt and mortgage-backed securities issued either directly by the government or from government sponsored enterprises. The Company does not intend to sell the securities and it is not likely that the Company will be required to sell the securities before recovery of their amortized cost basis, which may be maturity; therefore, the Company did not consider those investments to be other-than-temporarily impaired at June 30, 2022. The amortized cost and fair value of available for sale debt securities at June 30, 2022 and December 31, 2021, by contractual maturities, are presented below. Actual maturities of mortgage-backed securities may differ from contractual maturities because the mortgages underlying the securities may be called or repaid without any penalties. Because mortgage-backed securities are not due at a single maturity date, they are not included in the maturity categories in the following maturity summary: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ December 31, 2021 ​ Amortized Cost Fair Value Amortized Cost Fair Value Maturity: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Within 1 year ​ $ 6,945 ​ $ 6,825 ​ $ 12,729 ​ $ 12,726 After 1 but within 5 years ​ 56,211 ​ 52,954 ​ 67,912 ​ 67,463 After 5 but within 10 years ​ 20,560 ​ 19,651 ​ 22,595 ​ 22,567 After 10 years ​ 145 ​ 145 ​ 395 ​ 394 Total Maturities ​ 83,861 ​ 79,575 ​ 103,631 ​ 103,150 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage-backed securities ​ 185,427 ​ 165,206 ​ 179,493 ​ 176,491 Other ​ 642 ​ 847 ​ 620 ​ 642 Total ​ $ 269,930 ​ $ 245,628 ​ $ 283,744 ​ $ 280,283 ​ At June 30, 2022 and December 31, 2021, available for sale securities with a carrying value of $3,973 and $8,316, respectively, were pledged to secure Federal Home Loan Bank of New York (“FHLB”) borrowings. In addition, at June 30, 2022 and December 31, 2021, $956 and $1,054 of available for sale securities were pledged to secure borrowings at the Federal Reserve Bank of New York (“FRB”), respectively. During the six months ended June 30, 2022, there was $14,826 in proceeds from the sales of available for sale securities with $162 in gross losses realized.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	6 Months Ended
	Jun. 30, 2022
Loans and Allowance for Loan Losses
Loans and Allowance for Loan Losses	4. Loans and Allowance for Loan Losses A summary of the Company’s loan portfolio is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ ​ 2022 2021 ​ Commercial real estate loans: ​ ​ Construction ​ $ 11,568 ​ $ 10,095 ​ Non-residential ​ 258,179 ​ 245,568 ​ Multi-family ​ 67,953 ​ 55,926 ​ Residential real estate loans ​ 39,622 ​ 35,646 ​ Commercial and industrial loans (1) ​ 91,454 ​ 104,323 ​ Consumer loans: ​ ​ ​ Indirect automobile ​ 434,579 ​ 382,088 ​ Home equity ​ 11,588 ​ 11,857 ​ Other consumer ​ 9,021 ​ 7,955 ​ Total gross loans ​ 923,964 ​ 853,458 ​ Net deferred loan costs ​ 11,393 ​ 9,068 ​ Allowance for loan losses ​ (8,169) ​ (7,559) ​ Total net loans ​ $ 927,188 ​ $ 854,967 ​ (1) Includes $3,560 and $29,464 in U.S. Small Business Administration (“SBA”), paycheck protection program (“PPP”) loans at June 30, 2022 and December 31, 2021, respectively. At June 30, 2022 and December 31, 2021, the unpaid principal balances of loans held for sale, included in the residential real estate category above, were $2,232 and $3,950, respectively. The following tables present the classes of the loan portfolio summarized by the pass category and the criticized and classified categories of special mention and substandard within the internal risk system: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ Pass Special Mention Substandard Total Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 11,568 ​ $ — ​ $ — ​ $ 11,568 Non-residential ​ ​ 246,805 ​ ​ 8,026 ​ ​ 3,348 ​ ​ 258,179 Multifamily ​ 67,953 ​ — ​ — ​ 67,953 Residential real estate ​ 37,746 ​ — ​ 1,876 ​ 39,622 Commercial and industrial ​ 86,772 ​ 4,201 ​ 481 ​ 91,454 Consumer: ​ ​ ​ ​ ​ Indirect automobile ​ 434,045 ​ — ​ 534 ​ 434,579 Home equity ​ 11,466 ​ — ​ 122 ​ 11,588 Other consumer ​ 8,983 ​ — ​ 38 ​ 9,021 Total ​ $ 905,338 ​ $ 12,227 ​ $ 6,399 ​ $ 923,964 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ Pass Special Mention Substandard Total Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 10,095 ​ $ — ​ $ — ​ $ 10,095 Non-residential ​ ​ 232,253 ​ ​ 10,341 ​ ​ 2,974 ​ ​ 245,568 Multifamily ​ 55,926 ​ — ​ — ​ 55,926 Residential real estate ​ 33,416 ​ — ​ 2,230 ​ 35,646 Commercial and industrial ​ 98,171 ​ 5,377 ​ 775 ​ 104,323 Consumer: ​ ​ ​ ​ ​ Indirect automobile ​ 381,354 ​ — ​ 734 ​ 382,088 Home equity ​ 11,587 ​ — ​ 270 ​ 11,857 Other consumer ​ 7,908 ​ — ​ 47 ​ 7,955 Total ​ $ 830,710 ​ $ 15,718 ​ $ 7,030 ​ $ 853,458 ​ Management further monitors the performance and credit quality of the loan portfolio by analyzing the age of the portfolio as determined by the length of time a recorded payment is past due. The past due status of all classes of loans is determined based on contractual due dates for loan payments. The following tables present the classes of the loan portfolio summarized by the aging categories of performing loans and non-accrual loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ ​ ​ ​ ​ ​ ​ ​ Greater Than ​ ​ ​ ​ ​ ​ ​ ​ 30-59 Days ​ 60-89 Days ​ 90 Days Past ​ Total Loans ​ ​ ​ Current Past Due Past Due Due Receivable Non-accrual Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 11,568 ​ $ — ​ $ — ​ $ — ​ $ 11,568 ​ $ — Non-residential ​ ​ 256,336 ​ ​ — ​ ​ 29 ​ ​ 1,814 ​ ​ 258,179 ​ ​ 1,814 Multifamily ​ ​ 67,953 ​ ​ — ​ ​ — ​ ​ — ​ ​ 67,953 ​ ​ — Residential real estate ​ 37,695 ​ 1,322 ​ — ​ 605 ​ 39,622 ​ 1,876 Commercial and industrial ​ 90,702 ​ 456 ​ 90 ​ 206 ​ 91,454 ​ 206 Consumer: ​ ​ ​ ​ ​ ​ ​ ​ Indirect automobile ​ 426,047 ​ 7,051 ​ ​ 959 ​ 522 ​ 434,579 ​ 534 Home equity ​ 11,378 ​ 96 ​ 90 ​ 24 ​ 11,588 ​ 122 Other consumer ​ 8,868 ​ 73 ​ 42 ​ 38 ​ 9,021 ​ 38 Total ​ $ 910,547 ​ $ 8,998 ​ $ 1,210 ​ $ 3,209 ​ $ 923,964 ​ $ 4,590 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ Greater Than ​ ​ ​ ​ ​ ​ ​ ​ 30-59 Days ​ 60-89 Days ​ 90 Days Past ​ Total Loans ​ ​ ​ Current Past Due Past Due Due Receivable Non-accrual Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 10,095 ​ $ — ​ $ — ​ $ — ​ $ 10,095 ​ $ — Non-residential ​ ​ 242,205 ​ ​ 115 ​ ​ 527 ​ ​ 2,721 ​ ​ 245,568 ​ ​ 2,721 Multifamily ​ ​ 55,926 ​ ​ — ​ ​ — ​ ​ — ​ ​ 55,926 ​ ​ — Residential real estate ​ 34,363 ​ 57 ​ 242 ​ 984 ​ 35,646 ​ 2,230 Commercial and industrial ​ 103,517 ​ 246 ​ — ​ 560 ​ 104,323 ​ 687 Consumer: ​ ​ ​ ​ ​ ​ ​ ​ Indirect automobile ​ 374,729 ​ 5,977 ​ ​ 715 ​ 667 ​ 382,088 ​ 734 Home equity ​ 11,429 ​ 149 ​ 106 ​ 173 ​ 11,857 ​ 270 Other consumer ​ 7,702 ​ 153 ​ 53 ​ 47 ​ 7,955 ​ 47 Total ​ $ 839,966 ​ $ 6,697 ​ $ 1,643 ​ $ 5,152 ​ $ 853,458 ​ $ 6,689 ​ The following tables summarize information regarding impaired loans by loan portfolio class: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ ​ Recorded ​ Unpaid Principal ​ Related ​ Average Recorded ​ Investment Balance Allowance Investment With no related allowance recorded: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-residential ​ $ 1,814 ​ $ 2,885 ​ $ — ​ $ 2,461 Residential real estate ​ 1,876 ​ 2,476 ​ — ​ 2,162 Commercial and industrial ​ 199 ​ 252 ​ — ​ 608 Consumer: ​ ​ ​ ​ ​ ​ Indirect automobile ​ 308 ​ 378 ​ — ​ 294 Home equity ​ 122 ​ 123 ​ — ​ 185 Other consumer ​ 38 ​ 42 ​ — ​ 42 Total ​ $ 4,357 ​ $ 6,156 ​ $ — ​ $ 5,752 With an allowance recorded: ​ ​ ​ ​ Commercial and industrial ​ $ 7 ​ $ 7 ​ $ 7 ​ $ 2 Consumer: ​ ​ ​ ​ ​ ​ Indirect automobile ​ ​ 226 ​ ​ 233 ​ ​ 30 ​ ​ 291 Other consumer ​ — ​ — ​ — ​ 9 Total ​ $ 233 ​ $ 240 ​ $ 37 ​ $ 302 Total: ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ Non-residential ​ $ 1,814 ​ $ 2,885 ​ $ — ​ $ 2,461 Residential real estate ​ 1,876 ​ 2,476 ​ — ​ 2,162 Commercial and industrial ​ 206 ​ 259 ​ 7 ​ 610 Consumer: ​ ​ ​ ​ Indirect automobile ​ 534 ​ 611 ​ 30 ​ 585 Home equity ​ 122 ​ 123 ​ — ​ 185 Other consumer ​ 38 ​ 42 ​ — ​ 51 Total ​ $ 4,590 ​ $ 6,396 ​ $ 37 ​ $ 6,054 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ ​ Recorded ​ Unpaid Principal ​ Related ​ Average Recorded ​ Investment Balance Allowance Investment With no related allowance recorded: ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ Non-residential ​ $ 2,721 ​ $ 3,797 ​ $ — ​ $ 2,290 Residential real estate ​ 2,230 ​ 2,786 ​ — ​ 2,459 Commercial and industrial ​ 687 ​ 921 ​ — ​ 674 Consumer: ​ ​ ​ ​ ​ ​ Indirect automobile ​ 345 ​ 408 ​ — ​ 219 Home equity ​ 270 ​ 276 ​ — ​ 338 Other consumer ​ 47 ​ 48 ​ — ​ 50 Total ​ $ 6,300 ​ $ 8,236 ​ $ — ​ $ 6,030 With an allowance recorded: ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ Commercial and industrial ​ $ — ​ $ — ​ $ — ​ $ 148 Consumer: ​ ​ ​ ​ ​ Indirect automobile ​ ​ 389 ​ ​ 395 ​ ​ 68 ​ ​ 286 Total ​ $ 389 ​ $ 395 ​ $ 68 ​ $ 434 Total: ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ Non-residential ​ $ 2,721 ​ $ 3,797 ​ $ — ​ $ 2,290 Residential real estate ​ 2,230 ​ 2,786 ​ — ​ 2,459 Commercial and industrial ​ 687 ​ 921 ​ — ​ 822 Consumer: ​ ​ ​ ​ Indirect automobile ​ 734 ​ 803 ​ 68 ​ 505 Home equity ​ 270 ​ 276 ​ — ​ 338 Other consumer ​ 47 ​ 48 ​ — ​ 50 Total ​ $ 6,689 ​ $ 8,631 ​ $ 68 ​ $ 6,464 ​ A loan is considered impaired when based on current information and events it is probable that the Company will be unable to collect all amounts due from the borrower in accordance with the contractual terms of the loan. Impaired loans include nonperforming loans and loans modified as TDRs. Loan modifications, which resulted in these loans being considered TDRs, are primarily in the form of rate concessions and extensions of maturity dates that are made specifically due to hardships experienced by the customer. The Company does not generally recognize interest income on a loan in an impaired status. At June 30, 2022 and December 31, 2021, three loans totaling $1,368 and $1,440, included in impaired loans, were identified as TDRs. There were no new TDRs in 2021 or the first six months of 2022. At June 30, 2022 and December 31, 2021, all TDR loans were performing in accordance with their restructured terms. At June 30, 2022 and December 31, 2021, the Company had no commitments to advance additional funds to borrowers under TDR loans. The Company has transferred a portion of its originated commercial real estate loans to participating lenders. The amounts transferred have been accounted for as sales and are therefore not included in the Company’s accompanying statements of financial condition. The Company and participating lenders share ratably in any gains or losses that may result from a borrower’s lack of compliance with the contractual terms of the loan. The Company continues to service the loans on behalf of the participating lenders and, as such, collects cash payments from the borrowers, remits payments to participating lenders and disburses required escrow funds to relevant parties. At June 30, 2022 and December 31, 2021, the Company was servicing loans for participants aggregating $7,779 and $3,962, respectively. Residential mortgage and consumer loans secured by residential real estate properties for which formal foreclosure proceedings are in process totaled $649 and $935 at June 30, 2022 and December 31, 2021, respectively. The Company services certain loans that it has sold without recourse to third parties. The aggregate balances of loans serviced for others were $310,670 and $314,953 as of June 30, 2022 and December 31, 2021, respectively. The balances of capitalized servicing rights, included in other assets at June 30, 2022 and December 31, 2021, were $2,598 and $2,633, respectively. Fair value exceeds carrying value, and thus, no impairment charges related to servicing rights were recognized during the period ended June 30, 2022 or the year ended December 31, 2021. The following tables summarize the segments of the loan portfolio and the allowance for loan losses, segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment and the activity in the allowance for loan losses for the periods then ended: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ Commercial ​ ​ ​ ​ Real Estate Residential and Industrial Indirect Consumer Totals ​ Three months ended June 30, 2022 Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 3,314 ​ $ 55 ​ $ 743 ​ $ 3,535 ​ $ 53 ​ $ 7,700 Provision for loan losses ​ ​ 126 ​ ​ 4 ​ ​ 115 ​ ​ 60 ​ ​ 41 ​ ​ 346 Loans charged-off ​ ​ — ​ ​ — ​ ​ — ​ ​ (407) ​ ​ (38) ​ ​ (445) Recoveries ​ — ​ — ​ 1 ​ 550 ​ 17 ​ 568 Ending balance ​ $ 3,440 ​ $ 59 ​ $ 859 ​ $ 3,738 ​ $ 73 ​ $ 8,169 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ Residential ​ Commercial ​ ​ ​ ​ ​ ​ ​ Real Estate Real Estate and Industrial ​ Indirect ​ Consumer Totals ​ ​ Three months ended June 30, 2021 Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 4,162 ​ $ 131 ​ $ 1,319 ​ $ 5,512 ​ $ 137 ​ $ 11,261 (Credit to) provision for loan losses ​ ​ 671 ​ ​ (11) ​ ​ (647) ​ ​ (1,366) ​ ​ 205 ​ ​ (1,148) Loans charged-off ​ ​ — ​ ​ — ​ ​ (1) ​ ​ (491) ​ ​ (6) ​ ​ (498) Recoveries ​ — ​ — ​ 88 ​ 416 ​ 7 ​ 511 Ending balance ​ $ 4,833 ​ $ 120 ​ $ 759 ​ $ 4,071 ​ $ 343 ​ $ 10,126 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ Residential ​ Commercial ​ ​ ​ ​ ​ ​ ​ Real Estate Real Estate and Industrial Indirect Consumer Totals ​ ​ Six months ended June 30, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 3,317 ​ $ 54 ​ $ 725 ​ $ 3,416 ​ $ 47 ​ $ 7,559 Provision for (credit to) loan losses ​ ​ 123 ​ ​ (105) ​ ​ 133 ​ ​ 355 ​ ​ 61 ​ ​ 567 Loans charged-off ​ ​ — ​ ​ (44) ​ ​ — ​ ​ (1,054) ​ ​ (61) ​ ​ (1,159) Recoveries ​ — ​ 154 ​ 1 ​ 1,021 ​ 26 ​ 1,202 Ending balance ​ $ 3,440 ​ $ 59 ​ $ 859 ​ $ 3,738 ​ $ 73 ​ $ 8,169 Ending balance: ​ ​ ​ ​ ​ ​ Loans deemed impaired ​ $ — ​ $ — ​ $ 7 ​ $ 30 ​ $ — ​ $ 37 Loans not deemed impaired ​ $ 3,440 ​ $ 59 ​ $ 852 ​ $ 3,708 ​ $ 73 ​ $ 8,132 Loan receivables: ​ ​ ​ ​ ​ ​ Ending balance ​ $ 337,700 ​ $ 39,622 ​ $ 91,454 ​ $ 434,579 ​ $ 20,609 ​ $ 923,964 Ending balance: ​ ​ ​ ​ ​ ​ ​ Loans deemed impaired ​ $ 1,814 ​ $ 1,876 ​ $ 206 ​ $ 534 ​ $ 160 ​ $ 4,590 Loans not deemed impaired ​ $ 335,886 ​ $ 37,746 ​ $ 91,248 ​ $ 434,045 ​ $ 20,449 ​ $ 919,374 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ Residential ​ Commercial ​ ​ ​ ​ ​ ​ ​ Real Estate Real Estate and Industrial ​ Indirect ​ Consumer Totals ​ ​ Six months ended June 30, 2021 Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 5,354 ​ $ 117 ​ $ 1,050 ​ $ 4,974 ​ $ 138 ​ $ 11,633 (Credit to) provision for loan losses ​ ​ (521) ​ ​ — ​ ​ (378) ​ ​ (509) ​ ​ 191 ​ ​ (1,217) Loans charged-off ​ ​ — ​ ​ — ​ ​ (1) ​ ​ (1,117) ​ ​ (9) ​ ​ (1,127) Recoveries ​ — ​ 3 ​ 88 ​ 723 ​ 23 ​ 837 Ending balance ​ $ 4,833 ​ $ 120 ​ $ 759 ​ $ 4,071 ​ $ 343 ​ $ 10,126 Ending balance: ​ ​ ​ ​ ​ ​ Loans deemed impaired ​ $ — ​ $ — ​ $ 285 ​ $ 51 ​ $ — ​ $ 336 Loans not deemed impaired ​ $ 4,833 ​ $ 120 ​ $ 474 ​ $ 4,020 ​ $ 343 ​ $ 9,790 Loan receivables: ​ ​ ​ ​ ​ ​ Ending balance ​ $ 287,920 ​ $ 38,392 ​ $ 144,620 ​ $ 372,479 ​ $ 21,496 ​ $ 864,907 Ending balance: ​ ​ ​ ​ ​ ​ Loans deemed impaired ​ $ 2,426 ​ $ 2,537 ​ $ 848 ​ $ 396 ​ $ 468 ​ $ 6,675 Loans not deemed impaired ​ $ 285,494 ​ $ 35,855 ​ $ 143,772 ​ $ 372,083 ​ $ 21,028 ​ $ 858,232 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ Residential ​ Commercial ​ ​ ​ ​ ​ ​ ​ Real Estate Real Estate and Industrial Indirect Consumer Totals ​ ​ December 31, 2021 Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Ending balance: ​ ​ ​ ​ ​ ​ Loans deemed impaired ​ $ — ​ $ — ​ $ — ​ $ 68 ​ $ — ​ $ 68 Loans not deemed impaired ​ $ 3,317 ​ $ 54 ​ $ 725 ​ $ 3,348 ​ $ 47 ​ $ 7,491 Loan receivables: ​ ​ ​ ​ ​ ​ Ending balance ​ $ 311,589 ​ $ 35,646 ​ $ 104,323 ​ $ 382,088 ​ $ 19,812 ​ $ 853,458 Ending balance: ​ ​ ​ ​ ​ ​ ​ Loans deemed impaired ​ $ 2,721 ​ $ 2,230 ​ $ 687 ​ $ 734 ​ $ 317 ​ $ 6,689 Loans not deemed impaired ​ $ 308,868 ​ $ 33,416 ​ $ 103,636 ​ $ 381,354 ​ $ 19,495 ​ $ 846,769 ​ In the normal course of business, the Company grants loans to officers, directors and other related parties. Balances and activity of such loans during the periods presented were not material.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets
Goodwill and Intangible Assets	5. Goodwill and Intangible Assets The changes in the carrying value of goodwill are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended ​ Year Ended ​ ​ ​ June 30, ​ December 31, ​ 2022 2021 Beginning balance ​ ​ $ 2,235 ​ $ 1,410 Acquisition activity ​ ​ — ​ 825 ​ ​ ​ ​ Ending balance ​ ​ $ 2,235 ​ $ 2,235 ​ ​ ​ ​ Accumulated impairment ​ ​ $ 1,116 ​ $ 1,116 ​ The Company evaluated goodwill and determined that no write-down was required for the first six months of 2022 or the year ended December 31, 2021. The changes in the carrying value of the customer list and core deposit intangibles are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended ​ Year Ended ​ ​ June 30, ​ December 31, ​ 2022 2021 Beginning balance ​ $ 433 ​ $ 199 Acquisition activity ​ ​ — ​ ​ 330 Amortization ​ (51) ​ (96) ​ ​ ​ Ending balance ​ $ 382 ​ $ 433 Accumulated amortization and impairment ​ $ 895 ​ $ 844 ​ Core deposit intangibles represent the estimated fair value of acquired customer deposit relationships on the date of acquisition and are amortized over their estimated useful lives. Purchased customer accounts primarily consist of records and files that contain information about investment holdings. The values assigned to customer lists and core deposit intangibles is based upon the application of the income approach. The intangibles are expected to have useful lives of approximately 13 years. The Company recognized $51 and $42 of amortization expense related to its intangible assets for the six months ended June 30, 2022 and 2021, respectively. The Company recognized $24 and $29 of amortization expense related to its intangible assets for the three months ended June 30, 2022 and 2021, respectively. As of June 30, 2022, the future amortization expense for amortizable intangible assets for the respective years is as follows: ​ ​ ​ ​ ​ 2022 $ 48 2023 ​ 88 2024 ​ 79 2025 ​ 60 2026 ​ 29 Thereafter ​ ​ 78 Total ​ $ 382 ​

Premises and Equipment

Premises and Equipment	6 Months Ended
	Jun. 30, 2022
Premises and Equipment
Premises and Equipment	6. Premises and Equipment Premises and equipment are summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ ​ 2022 2021 ​ Land ​ $ 3,732 ​ $ 3,732 ​ Buildings and improvements ​ 27,376 ​ 27,151 ​ Furniture, fixtures and equipment ​ 14,447 ​ 14,107 ​ Construction in process ​ 255 ​ 161 ​ Total ​ 45,810 ​ 45,151 ​ Less accumulated depreciation ​ (26,743) ​ (25,968) ​ Net ​ $ 19,067 ​ $ 19,183 ​ ​

Deposits

Deposits	6 Months Ended
	Jun. 30, 2022
Deposits
Deposits	7. Deposits Deposits balances are summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ 2022 2021 Non-interest bearing demand deposits ​ $ 304,314 ​ $ 314,814 Interest bearing accounts: ​ ​ NOW ​ 162,418 ​ 158,615 Savings ​ 192,812 ​ 182,564 Money market ​ 319,923 ​ 289,107 Time certificates of deposit ​ 132,962 ​ 156,899 Total interest bearing accounts ​ 808,115 ​ 787,185 Total deposits ​ $ 1,112,429 ​ $ 1,101,999 ​ Included in time certificates of deposit at June 30, 2022 and December 31, 2021 were reciprocal deposits totaling $16,120 and $21,083, respectively, with original maturities of one Contractual maturities of time certificates of deposit at June 30, 2022 are summarized below: ​ ​ ​ ​ ​ ​ ​ June 30, ​ 2022 Within 1 year ​ $ 103,095 1 – 2 years ​ 16,121 2 – 3 years ​ 6,656 3 – 4 years ​ 4,875 4 – 5 years ​ 2,215 Total ​ $ 132,962 ​

Long-Term Debt and FHLB Stock

Long-Term Debt and FHLB Stock	6 Months Ended
	Jun. 30, 2022
Long-Term Debt and FHLB Stock
Long-Term Debt and FHLB Stock	8. Long-Term Debt and FHLB Stock FHLB Borrowings and Stock The Bank is a member of the FHLB. At June 30, 2022 and December 31, 2021, the Bank had access to a preapproved secured line of credit with the FHLB of $646,306 and $640,500, respectively. Borrowings under this line require collateralization through the pledge of specific loans and securities. At June 30, 2022 and December 31, 2021, the Bank had pledged assets of $165,430 and $170,385, respectively. ​ The outstanding principal amounts and the related terms and rates at June 30, 2022 were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Term Principal Maturity Rate ​ Due in one year 3 year amortizing ​ ​ 3,806 ​ February 28, 2023 ​ 1.32 % ​ ​ 3,806 Fixed short-term ​ ​ 20,000 ​ July 1, 2022 ​ 1.32 % ​ ​ 20,000 Total ​ $ 23,806 ​ Weighted Average Rate 1.32 % ​ $ 23,806 ​ The Bank is required to maintain an investment in capital stock of the FHLB, as collateral, in an amount equal to a certain percentage of its outstanding debt. FHLB stock is considered restricted stock and is carried at cost. The Bank evaluates FHLB stock for impairment based on the ultimate recovery ability of the cost. No impairment was recognized at either June 30, 2022 or December 31, 2021. Subordinated Debt In addition to the Bank, the Company has one other wholly-owned subsidiary, RSB Capital Trust I (the “Trust”). In 2005, the Trust issued $5,000 of pooled trust preferred securities in a private placement and issued 155 shares of common stock at $1 par value per share, to the Company. The Trust, which has no independent assets or operations, was formed in 2005 for the sole purpose of issuing trust preferred securities and investing the proceeds thereof in an equivalent amount of junior subordinated debentures. The proceeds from the issuance of the trust preferred securities were down-streamed to the Bank and are currently considered Tier 1 capital for purposes of determining the Bank’s capital ratios. The duration of the Trust is 30 years. The subordinated debt securities of $5,155 are unsecured obligations of the Company and are subordinate and junior in right of payment to all present and future senior indebtedness of the Company. The Company has entered into a guarantee, which together with its obligations under the subordinated debt securities and the declaration of trust governing the Trust, including its obligations to pay costs, expenses, debts and liabilities, provides a full and unconditional guarantee of amounts on the capital securities. The subordinated debentures, which bear interest at three month LIBOR plus 2.00% (3.50% at June 30, 2022 and 2.16% at December 31, 2021) mature on May 23, 2035. As it is anticipated that LIBOR will be discontinued after June 2023, the Company is reviewing the agreements for the above debt to determine alternative reference rates and does not anticipate there will be a significant financial statement impact. Other Borrowings The Bank has an unsecured, uncommitted $10,000 line of credit with Zions Bank. There were no advances outstanding under this line of credit at either June 30, 2022 or December 31, 2021. ​ The Bank also has an unsecured, uncommitted $50,000 line of credit with Pacific Coast Bankers Bank. There were no advances outstanding under this line of credit at either June 30, 2022 or December 31, 2021.

Employee Benefits

Employee Benefits	6 Months Ended
	Jun. 30, 2022
Employee Benefits
Employee Benefits	9. Employee Benefits Pension Plan The Bank maintains a noncontributory defined benefit pension plan covering substantially all of its employees 21 years of age or older who had completed at least one year of service as of June 30, 2012, the effective date on which the Board of Directors of the Bank voted to freeze the defined benefit plan. The following table sets forth the plan’s funded status and amounts recognized in the Company’s consolidated statements of financial condition: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ ​ 2022 2021 ​ Projected and accumulated benefit obligation ​ $ (18,899) ​ $ (23,055) ​ Plan assets at fair value ​ 17,897 ​ 22,839 ​ Funded status included in accrued expenses and other liabilities ​ $ (1,002) ​ $ (216) ​ ​ The net periodic pension cost and amounts recognized in other comprehensive income are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended June 30, ​ ​ 2022 2021 ​ Interest cost ​ $ 317 ​ $ 295 ​ Expected return on plan assets ​ (503) ​ (472) ​ Amortization of unrecognized loss ​ 133 ​ 179 ​ Net periodic (benefit) cost ​ $ (53) ​ $ 2 ​ ​ The expected long-term rate of return on plan assets has been determined by applying historical average investment returns from published indexes relating to the current allocation of assets in the plan. Plan assets are invested in pooled separate accounts consisting of underlying investments in ten diversified investment funds. As of June 30, 2022, the investment funds included seven equity funds and two fixed income bond funds, each with its own investment objectives, investment strategies and risks, as detailed in the Company’s investment policy statement. The Company determines the appropriate strategic asset allocation versus plan liabilities, as governed by the investment policy statement. The assets of the plan are invested under the supervision of the Company’s investment committee in accordance with the investment policy statement. The investment options of the plan are chosen in a manner consistent with generally accepted standards of fiduciary responsibility. The investment performance of the Company’s individual investment managers, with the assistance of the Company’s investment consultant, is monitored on a quarterly basis and is reviewed at least annually relative to the objectives and guidelines as stated in the Company’s investment policy statement. The Company did not make a contribution to the plan in the first six months of 2022 or 2021. The fair value of the Company’s pension plan assets, by fair value hierarchy, are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ Level 1 Level 2 Level 3 Total Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Investment in separate accounts ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fixed income ​ $ 12,609 ​ $ — ​ $ — ​ $ 12,609 Equity ​ 5,288 ​ — ​ — ​ 5,288 Total assets at fair value ​ $ 17,897 ​ $ — ​ $ — ​ $ 17,897 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ Level 1 Level 2 Level 3 Total Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Investment in separate accounts ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fixed income ​ $ 15,689 ​ $ — ​ $ — ​ $ 15,689 Equity ​ 7,150 ​ — ​ — ​ 7,150 Total assets at fair value ​ $ 22,839 ​ $ — ​ $ — ​ $ 22,839 ​ The pooled separate accounts are valued at the net asset per unit based on either the observable net asset value of the underlying investment or the net asset value of the underlying pool of securities. Net asset value is based on the value of the underlying assets owned by the fund, minus its liabilities and then divided by the number of shares outstanding. For a detailed disclosure on the Bank’s pension and employee benefits plans, please refer to Note 10 of the Company’s Consolidated Financial Statements for the year ended December 31, 2021 included in the Company’s Annual Report on Form 10-K Defined Contribution Plan The Bank sponsors a 401(k) defined contribution plan. Participants are permitted, in accordance with the provisions of Section 401(k) of the Internal Revenue Code, to contribute up to 25% of their earnings (as defined) into the plan with the Bank matching up to 6%, subject to Internal Revenue Service limitations. The Bank’s contributions charged to operations amounted to $602 and $527 for the six months ended June 30, 2022 and 2021, respectively. Deferred Compensation Arrangements Directors’ Plan The Bank’s Deferred Compensation Plan for Fees of Directors, as amended and restated effective January 1, 2005 (the “Directors’ Plan”), covers directors who elect to defer receipt of all or a portion of their fees until separation from service. Upon resignation, retirement, or death, the participant’s total deferred compensation, including earnings thereon, will be paid out. At June 30, 2022 and December 31, 2021, total amounts due to participants of $2,615 and $2,877, respectively, are included in accrued expenses and other liabilities. Total expenses related to the Directors’ Plan were $114 and $71 for the six months ended June 30, 2022 and 2021, respectively, which were included in other non-interest expense in the consolidated statements of income. Executive Long-Term Incentive and Retention Plan The Bank maintains an Executive Long-Term Incentive and Retention Plan (the “Executive Plan”). Participation in the Executive Plan is limited to officers of the Company designated as participants by the Board of Directors and who filed a properly completed and executed participation agreement in accordance with the terms of the Executive Plan. Under the Executive Plan, the Board of Directors may grant annual incentive awards equal to a percentage of a participant’s base salary at the rate in effect on the last day of the Executive Plan year, as determined by the Board of Directors based on the attainment of criteria established annually by the Board of Directors. Incentive awards under the Executive Plan are credited to the participant’s incentive benefit account as of the last day of the Executive Plan year to which the award relates and earn interest at a rate determined annually by the Board of Directors. Participants vest in their benefit accounts in accordance with the vesting schedule approved by the Board of Directors, which ranges from one Group Term Replacement Plan Under the terms of the “Group Term Replacement Plan”, the Company provides postretirement life insurance benefits to certain officers. The liability related to these postretirement benefits is being accrued over the individual participants’ service period and aggregated $1,447 and $1,423 at June 30, 2022 and December 31, 2021, respectively. The Company recognized expenses of $24 and $21 for the six-month periods ended June 30, 2022 and June 30, 2021, respectively, related to this plan, which are included in salaries and employee benefits expense in the consolidated statements of income. Other Director and Officer Postretirement Benefits The Company has individual fee continuation agreements with certain directors and a supplemental retirement agreement with an executive officer which provide for fixed postretirement benefits to be paid to the directors and the officer, or their beneficiaries, for periods ranging from 15 to 20 years. In addition, the Company has agreements with certain directors which provide for certain postretirement life insurance benefits. The liability related to these postretirement benefits is being accrued over the individual participants’ service period and aggregated $2,007 and $1,986 at June 30, 2022 and December 31, 2021, respectively. The Company recognized expenses of $42 and $37 for the six months ended June 30, 2022 and 2021, respectively, related to these benefits, which are included in other non-interest expenses in the consolidated statements of income. Employee Stock Ownership Plan On January 1, 2019, the Bank established an Employee Stock Ownership Plan (“ESOP”) to provide Company stock to eligible employees. The plan is a tax-qualified retirement plan for the benefit of Bank employees. On January 16, 2019, the Company granted a loan to the ESOP for the purchase of 436,425 shares of the Company’s common stock at a price of $10.00 per share. The loan obtained by the ESOP from the Company is payable annually over 20 years at a rate per annum equal to the Prime Rate, reset annually on January 1st (3.25% at January 1, 2022). Loan payments are funded by cash contributions from the Bank. The loan is secured by the shares purchased, which are held in a suspense account for allocation among participants as the loan is repaid. The balance of the ESOP loan at June 30, 2022 was $3,917. Contributions are allocated to eligible participants on the basis of compensation, subject to federal tax limits. The number of shares committed to be released annually is 21,821 through 2039. Shares held by the ESOP include the following: ​ ​ ​ ​ ​ ​ ​ ​ Six months ended ​ Year ended ​ ​ June 30, ​ December 31, ​ ​ 2022 2021 Allocated ​ 65,463 43,642 Committed to be allocated ​ 10,908 21,821 Unallocated ​ 360,054 370,962 Paid out to participants ​ (1,252) ​ (1,252) Total shares ​ 435,173 435,173 ​ The fair value of unallocated shares was $3,330 at June 30, 2022. Total compensation expense recognized in connection with the ESOP for the six months ended June 30, 2022 and 2021 was $111 and $109, respectively. Share-Based Compensation Plan On May 26, 2020, stockholders of the Company approved the 2020 Equity Incentive Plan (the “EIP”). The EIP authorizes the issuance to participants of up to 763,743 shares of Rhinebeck Bancorp common stock pursuant to grants of incentive and non-qualified stock options, restricted stock awards and restricted stock units. Of this number, the maximum number of shares of Rhinebeck Bancorp common stock that may be issued under the EIP pursuant to the exercise of stock options is 545,531 shares, and the maximum number of shares of Rhinebeck Bancorp common stock that may be issued as restricted stock awards or restricted stock units is 218,212 shares. These amounts represent 4.90% and 1.96%, respectively, of the number of shares of common stock issued in the stock offering of Rhinebeck Bancorp, including the shares issued to Rhinebeck Bancorp, MHC. Pursuant to terms of the EIP, on August 25, 2020, the Board of Directors granted restricted stock and stock options to employees and directors. All of the awards vest annually over a three-year period from the date of the grant and the term of each option is ten years. As of June 30, 2022, there were 102,146 stock options and 49,110 restricted stock awards that remain available for future grants. The fair value of each option granted under the EIP is estimated on the date of grant using the Black-Scholes Option-Pricing Model. The expected volatility is based on the historical volatility of a peer group of comparable SEC-reporting bank holding companies. The dividend yield assumption is based on the Company’s expectation of dividend payouts. The risk-free rate for periods within the contractual life of the option is based on the U.S. Treasury yield curve in effect at the date of grant. The Company has elected to recognize forfeitures as they occur. ​ ​ A summary of options under the 2020 EIP as of June 30, 2022 is presented below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted - ​ Weighted-Average ​ ​ Number of ​ Average ​ Remaining Contractual ​ ​ Shares ​ Exercise Price ​ Term (in Years) Options outstanding at beginning of year ​ 439,596 ​ $ 6.62 ​ 8.63 Options granted ​ - ​ ​ - ​ - Options exercised ​ - ​ ​ - ​ - Options Expired ​ (1,666) ​ ​ 6.57 ​ - Options outstanding at June 30, 2022 ​ 437,930 ​ $ 6.62 ​ 8.17 Options exercisable at June 30, 2022 ​ 142,331 ​ $ 6.62 ​ 8.17 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ At June 30, 2022, the aggregate intrinsic value of the stock options outstanding, which fluctuates based on changes in the fair market value of the Company’s stock, was $1,154 . The aggregate intrinsic value represents the total pre-tax intrinsic value (i.e., the difference between the Company’s closing stock price on the last trading day of period and the weighted-average exercise price, multiplied by the number of shares) that would have been received by the option holders had all option holders exercised their options on June 30, 2022. ​ As of June 30, 2022, there was $286 of unrecognized compensation cost related to the nonvested stock options granted under the 2020 EIP. The cost is expected to be recognized over a remaining period of 1.17 years. The following table summarizes the Company’s restricted stock activity for the six months ended June 30, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted-Average ​ ​ Number ​ ​ Grant Date ​ ​ of Shares ​ ​ Fair Value per Share Non-vested restricted stock at beginning of year ​ 112,520 ​ $ 6.57 Granted ​ - ​ - Vested ​ - ​ - Forfeited ​ - ​ - Non-vested restricted stock at June 30, 2022 ​ 112,520 ​ $ 6.57 ​ As of June 30, 2022, there was $426 of unrecognized compensation cost related to the nonvested restricted stock awards granted under the 2020 EIP. The cost is expected to be recognized over a remaining period of 1.15 years. For the six months ended June 30, 2022, share-based compensation of options and restricted stock under the plan totaled $305.

Leases

Leases	6 Months Ended
	Jun. 30, 2022
Leases
Leases	10. Leases As of June 30, 2022, the Company leased real estate for eight branch offices and two administrative offices under various lease agreements. All of our leases are classified as operating leases. The calculated amount of the right-of-use assets and lease liabilities are impacted by the length of the lease term and the discount rate used to present value the minimum lease payments. The Company’s leases have maturities which range from 2024 to 2041, some of which include lessee options to extend the lease term. If the Company considers the exercising of a renewal option to be reasonably certain, the Company will include the extended term in the calculation of the right-of-use asset and lease liability. The weighted average remaining life of the lease terms for these leases was 11.6 years and 12.0 years as of June 30, 2022 and December 31, 2021, respectively. As most of our leases do not provide an implicit rate, the Company used its incremental borrowing rate, the rate of interest to borrow on a collateralized basis for a similar term, at the lease commencement date. The Company utilized a weighted average discount rate of 2.52% and 2.51% in determining the lease liability as of June 30, 2022 and December 31, 2021, respectively. For the six months ended June 30, 2022 and 2021, total operating lease costs were $397 and $344 and were included in occupancy and other expense. Deferred rent liability was $127 and $145 at June 30, 2022 and December 31, 2021, respectively. The right-of-use asset, included in other assets, was $7,512 and $7,839 and the corresponding lease liability, included in accrued expenses and other liabilities, was $7,512 and $7,839 as of June 30, 2022 and December 31, 2021, respectively. ​ Future minimum payments for operating leases with initial or remaining terms of one year or more as of June 30, 2022 were as follows: ​ ​ ​ ​ ​ Years ending December 31: ​ ​ 2022 ​ $ 427 2023 ​ 854 2024 ​ 857 2025 ​ 833 2026 ​ 728 Thereafter ​ 5,070 Total future minimum lease payments ​ ​ 8,769 Amounts representing interest ​ ​ (1,257) Present Value of Net Future Minimum Lease Payments ​ $ 7,512 ​

Commitments and Contingencies a

Commitments and Contingencies and Derivatives	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies and Derivatives
Commitments and Contingencies and Derivatives	11. Commitments and Contingencies and Derivatives Legal Matters The Company is involved in various legal proceedings which have arisen in the normal course of business. Management believes that resolution of these matters will not have a material effect on the Company’s financial condition or results of operations. Employment Agreements The Company has entered into employment agreements with certain officers. The agreements provide for base salaries and incentive compensation based on performance criteria outlined in the agreements. The agreements also provide for insurance and various other benefits. Financial Instruments with Off-Balance-Sheet Risk In the normal course of business, the Company is a party to financial instruments with off-balance-sheet risk to meet the financing needs of its customers. These financial instruments include standby letters of credit and commitments to extend credit, which include new loan commitments and undisbursed portions of construction loans and other lines of credit. These financial instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amounts recognized in the statements of financial condition. The contractual amounts of those instruments reflect the extent of involvement the Company has in particular classes of financial instruments. The contractual amounts of commitments to extend credit represent the amounts of potential loss should the contract be fully drawn upon, the customer defaults and the value of any existing collateral become worthless. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance-sheet instruments. Financial instruments whose contract amounts represent off-balance sheet credit risk are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ ​ 2022 2021 ​ Commitments to extend credit summarized as follows: ​ ​ ​ ​ ​ ​ ​ Future loan commitments ​ $ 8,748 ​ $ 6,830 ​ Undisbursed construction loans ​ 19,524 ​ 15,191 ​ Undisbursed home equity lines of credit ​ 10,326 ​ 11,048 ​ Undisbursed commercial and other line of credit ​ 96,186 ​ 78,941 ​ Standby letters of credit ​ 3,702 ​ 3,068 ​ Total ​ $ 138,486 ​ $ 115,078 ​ ​ Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Since these commitments could expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the counterparty. Collateral held varies but may include residential and commercial property, deposits and securities. Interest Rate Swaps The Company enters into interest rate swaps that allow commercial loan customers to effectively convert a variable-rate loan agreement to a fixed-rate loan agreement. Under these agreements, the Company simultaneously enters into a variable-rate loan and interest rate swap agreements with a customer. The Company then enters into a corresponding and offsetting swap agreement with a third party to hedge its exposure created by the customer agreements. The interest rate swaps with both the customers and third parties are not designated as hedges under FASB ASC Topic 815, Derivatives and Hedging, and are marked to market through earnings. The fair values of the swaps are recorded as both an asset and a liability, in other assets and other liabilities, respectively, in equal amounts for these transactions. The accrued interest receivable payable Summary information regarding these derivatives is presented below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ ​ 2022 ​ 2021 ​ Notational amount ​ $ 31,173 ​ ​ $ 26,842 ​ Fair value ​ $ 2,505 ​ ​ $ 644 ​ Weighted average pay rates ​ ​ 3.94 % ​ ​ 3.69 % Weighted average receive rates ​ ​ 2.90 % ​ ​ 2.26 % Weighted average maturity (in years) ​ ​ 9.58 ​ ​ ​ 9.78 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Number of Contracts ​ ​ 8 ​ ​ ​ 7 ​ ​

Regulatory Matters

Regulatory Matters	6 Months Ended
	Jun. 30, 2022
Regulatory Matters
Regulatory Matters	12. Regulatory Matters The Bank is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s assets, liabilities and certain off-balance-sheet items, as calculated under regulatory accounting practices. The Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the tables below) of total, common equity Tier 1 and Tier I capital (as defined in the regulations) to risk-weighted assets (as defined) and of Tier I capital (as defined) to average assets (as defined). Management believes, as of June 30, 2022 and December 31, 2021, that the Bank met all capital adequacy requirements to which they are subject. The most recent notification from the Federal Deposit Insurance Corporation (“FDIC”) categorized the Bank as “well capitalized” under the regulatory framework. To be categorized as well capitalized, the Bank must maintain minimum total risk-based, common equity Tier 1, Tier I risk-based and Tier I leverage ratios as set forth in the table below. There are no conditions or events since then, which management believes have changed the Bank’s category. The Bank’s actual capital amounts and ratios were: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ To be Well Capitalized under ​ ​ ​ ​ ​ ​ ​ For Capital Adequacy ​ Prompt Corrective Action ​ ​ Actual ​ Purposes ​ Provisions ​ Amount Ratio Amount Ratio Amount Ratio ​ ​ June 30, 2022 Rhinebeck Bank ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total capital (to risk-weighted assets) ​ $ 135,879 12.71 % $ 85,495 8.00 % $ 106,869 10.00 % Tier 1 capital (to risk-weighted assets) ​ 127,710 11.95 % 64,122 6.00 % 85,495 8.00 % Common equity tier one capital (to risk weighted assets) ​ 127,710 11.95 % 48,091 4.50 % 69,465 6.50 % Tier 1 capital (to average assets) ​ 127,710 9.80 % 52,109 4.00 % 65,137 5.00 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 Rhinebeck Bank ​ ​ ​ ​ Total capital (to risk-weighted assets) ​ $ 130,217 13.54 % $ 76,917 8.00 % $ 96,146 10.00 % Tier 1 capital (to risk-weighted assets) ​ 122,658 12.76 % 57,687 6.00 % 76,917 8.00 % Common equity tier one capital (to risk weighted assets) ​ 122,658 12.76 % 43,266 4.50 % 62,495 6.50 % Tier 1 capital (to average assets) ​ 122,658 9.65 % 50,865 4.00 % 63,582 5.00 % ​

Fair Value

Fair Value	6 Months Ended
	Jun. 30, 2022
Fair Value
Fair Value	13. Fair Value The Company uses fair value measurements to record fair value adjustments to certain assets and liabilities and to determine fair value disclosures. A description of the valuation methodologies used for assets and liabilities recorded at fair value and for estimating fair value for financial and non-financial instruments not recorded at fair value, is set forth below. Cash and Due from Banks The carrying amount is a reasonable estimate of fair value. Available for Sale Securities Where quoted prices are available in an active market for identical securities, securities are classified within Level 1 of the valuation hierarchy. Level 1 securities include marketable equity securities and U.S. Treasury obligations. If quoted prices are not available, then fair values are estimated by using pricing models (i.e., matrix pricing) or quoted prices of securities with similar characteristics and are classified within Level 2 of the valuation hierarchy. Examples of such instruments include government agency bonds, mortgage-backed securities and municipal bonds. Level 3 securities include securities for which significant unobservable inputs are utilized. Available for sale securities are recorded at fair value on a recurring basis. FHLB Stock The carrying value of FHLB stock approximates fair value based on the redemption provisions of the FHLB. Loans Loans receivable are carried at cost. For variable rate loans which reprice frequently carrying values are a reasonable estimate of fair values, adjusted for credit losses inherent in the portfolios. The fair value of fixed rate loans is estimated by discounting the future cash flows using the year end rates, estimated using local market data, at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities, adjusted for credit losses inherent in the portfolios. The Company does not record loans at fair value on a recurring basis. However, from time to time, nonrecurring fair value adjustments to collateral-dependent impaired loans are recorded to reflect partial write-downs based on the observable market price or current appraised value of collateral. Other Real Estate Owned Other real estate owned represents real estate acquired through foreclosure and is carried at fair value less estimated selling costs. Fair value is based upon independent market prices, appraised values of the collateral or management’s estimation of the value of the collateral. These assets are included as Level 3 fair values, based upon the lowest level of input that is utilized in the fair value measurements. Mortgage Servicing Rights The fair value of mortgage servicing rights is based on a valuation model that calculates the present value of estimated future net servicing income. Mortgage servicing rights are carried at the lower of amortized cost or estimated fair value and are included in other assets on the consolidated statements of financial condition. Deposits Deposit liabilities are carried at cost. The fair value of NOW, savings and money market deposits is the amount payable on demand at the reporting date. The fair value of time certificates of deposit is estimated using a discounted cash flow calculation that applies interest rates currently being offered for deposits of similar remaining maturities estimated using local market data to a schedule of aggregated expected maturities on such deposits. Mortgagors’ Escrow Accounts The fair value is estimated using a discounted cash flow calculation that applies interest rates currently being offered on deposited escrow accounts of similarly expected maturities. Advances from the FHLB The fair value of the advances is estimated using a discounted cash flow calculation that applies current FHLB interest rates for advances of similar maturity to a schedule of maturities of such advances. Subordinated Debt Based on the floating rate characteristic of these instruments, the carrying value is considered to approximate fair value. Off-Balance-Sheet Instruments Fair values for off-balance-sheet lending commitments are based on fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties’ credit standings. Such amounts are not significant. Loan Level Interest Rate Swaps The fair value is based on settlement values adjusted for credit risks associated with the counterparties and the Company and observable market interest rate curves. The following tables detail the assets that are carried at fair value on a recurring basis as of the periods shown and indicate the fair value hierarchy of the valuation techniques utilized by the Company to determine the fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices in ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Active Markets ​ Significant ​ Significant ​ ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ Balance Assets (Level 1) Inputs (Level 2) Inputs (Level 3) ​ ​ June 30, 2022 Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities ​ $ 38,258 ​ $ 38,258 ​ $ — ​ $ — U.S. government agency mortgage-backed securities-residential ​ ​ 165,206 ​ ​ — ​ ​ 165,206 ​ ​ — U.S. government agency securities ​ 23,302 ​ — ​ 23,302 ​ — Municipal securities ​ 4,882 ​ — ​ 4,737 ​ 145 Corporate Bonds ​ ​ 13,133 ​ ​ — ​ ​ 13,133 ​ ​ — Other ​ 847 ​ — ​ 847 ​ — Total available for sale securities ​ ​ 245,628 ​ ​ 38,258 ​ ​ 207,225 ​ ​ 145 Loan level interest rate swaps ​ ​ 2,505 ​ ​ — ​ ​ 2,505 ​ ​ — Total assets ​ $ 248,133 ​ $ 38,258 ​ $ 209,730 ​ $ 145 Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loan level interest rate swaps ​ $ 2,505 ​ $ — ​ $ 2,505 ​ $ — Total liabilities ​ $ 2,505 ​ $ — ​ $ 2,505 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities ​ $ 59,825 ​ $ 59,825 ​ $ — ​ $ — U.S. government agency mortgage-backed securities – residential ​ ​ 176,491 ​ ​ — ​ ​ 176,491 ​ ​ — U.S. government agency securities ​ 24,722 ​ — ​ 24,722 ​ — Municipal securities ​ 6,851 ​ — ​ 6,706 ​ 145 Corporate Bonds ​ ​ 11,752 ​ ​ — ​ ​ 11,752 ​ ​ — Other ​ 642 ​ — ​ 642 ​ — Total available for sale securities ​ ​ 280,283 ​ ​ 59,825 ​ ​ 220,313 ​ ​ 145 Loan level interest rate swaps ​ ​ 644 ​ ​ — ​ ​ 644 ​ ​ — Total assets ​ $ 280,927 ​ $ 59,825 ​ $ 220,957 ​ $ 145 Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loan level interest rate swaps ​ $ 644 ​ $ — ​ $ 644 ​ $ — Total liabilities ​ $ 644 ​ $ — ​ $ 644 ​ $ — ​ The following tables detail the assets carried at fair value and measured at fair value on a nonrecurring basis as of June 30, 2022 and December 31, 2021 and indicate the fair value hierarchy of the valuation techniques utilized by the Company to determine the fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices in ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Active Markets ​ Significant ​ Significant ​ ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ Balance Assets (Level 1) Inputs (Level 2) Inputs (Level 3) ​ ​ June 30, 2022 Impaired loans, with specific reserves ​ $ 196 ​ $ — ​ $ — ​ $ 196 Total ​ $ 196 ​ $ — ​ $ — ​ $ 196 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 Impaired loans, with specific reserves ​ $ 321 ​ $ — ​ $ — ​ $ 321 Total ​ $ 321 ​ $ — ​ $ — ​ $ 321 ​ Impaired loans that are measured for impairment using the fair value of the collateral for collateral dependent loans had recorded investments of $233 and $389 with valuation allowances of $37 and $68, resulting in fair values of $196 and $321 at June 30, 2022 and December 31, 2021, respectively. The valuation allowance represents specific allocations for the allowance for credit losses for impaired loans. ​ The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which the Company has utilized Level 3 inputs to determine fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quantitative Information About Level 3 Fair Value Measurements ​ ​ Fair Value ​ Valuation ​ Unobservable ​ Range ​ Estimate Techniques Input (Weighted Average) ​ ​ June 30, 2022 Impaired loans ​ $ 196 Appraisal of collateral (1) Liquidation expenses (3) 0% to 6% ​ ​ ​ ​ ​ ​ ​ Appraisal adjustments (2) 0% to 20% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 Impaired loans ​ $ 321 Appraisal of collateral (1) Liquidation expenses (3) 0% to 6% ​ ​ ​ ​ ​ ​ ​ Appraisal adjustments (2) 0% to 20% (1) Fair value is generally through independent appraisals of the underlying collateral that generally include various level 3 inputs which are not identifiable. (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 appraised value. (3) Estimated costs to sell. The Company discloses fair value information about financial instruments, whether or not recognized in the statements of financial condition, for which it is practicable to estimate that value. Certain financial instruments are excluded from disclosure requirements. Accordingly, the aggregate fair value amounts presented do not represent the underlying value of the Company. The estimated fair value amounts for 2022 and 2021 have been measured as of their respective reporting dates and have not been reevaluated or updated for purposes of these financial statements subsequent to those respective dates. As such, the estimated fair values of these financial instruments subsequent to the respective reporting dates may be different than amounts reported at each year-end. The information presented should not be interpreted as an estimate of the fair value of the entire Company since a fair value calculation is only required for a limited portion of the Company’s assets and liabilities. Due to the 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. As of the following dates, the carrying value and fair values of the Company’s financial instruments were: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ ​ 2022 ​ 2021 ​ Carrying Value Fair Value Carrying Value Fair Value Financial Assets: ​ ​ ​ ​ ​ ​ ​ ​ Cash and due from banks (Level 1) ​ $ 39,922 ​ $ 39,922 ​ $ 72,091 ​ $ 72,091 Available for sale securities (Level 1) ​ 38,258 ​ 38,258 ​ 59,825 ​ 59,825 Available for sale securities (Level 2) ​ 207,225 ​ 207,225 ​ 220,313 ​ 220,313 Available for sale securities (Level 3) ​ 145 ​ 145 ​ 145 ​ 145 Loan level interest rate swaps (Level 2) ​ ​ 2,505 ​ ​ 2,505 ​ ​ 644 ​ ​ 644 FHLB stock (Level 2) ​ 1,731 ​ 1,731 ​ 1,322 ​ 1,322 Loans, net (Level 3) ​ 927,188 ​ 911,405 ​ 854,967 ​ 855,542 Mortgage servicing rights (Level 3) ​ 2,598 ​ 5,974 ​ 2,633 ​ 4,892 Financial Liabilities: ​ ​ ​ ​ Deposits (Level 2) ​ 1,112,429 ​ 985,761 ​ 1,101,999 ​ 1,083,541 Mortgagors' escrow accounts (Level 2) ​ 12,596 ​ 12,598 ​ 9,130 ​ 9,137 FHLB advances (Level 2) ​ 23,806 ​ 23,779 ​ 18,041 ​ 18,151 Subordinated debt (Level 2) ​ 5,155 ​ 5,155 ​ 5,155 ​ 5,155 Loan level interest rate swaps (Level 2) ​ ​ 2,505 ​ ​ 2,505 ​ ​ 644 ​ ​ 644 ​

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Jun. 30, 2022
Accumulated Other Comprehensive Loss.
Accumulated Other Comprehensive Loss	14. Accumulated Other Comprehensive Loss The activity in accumulated other comprehensive loss for the three and six months ended June 30, 2022 and 2021 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accumulated Other Comprehensive Loss (1) ​ ​ ​ ​ ​ Unrealized (losses) ​ ​ ​ ​ ​ ​ ​ ​ gains on ​ ​ ​ ​ ​ Defined Benefit ​ available for sale ​ ​ ​ ​ Pension Plan securities Total Balance at March 31, 2022 ​ $ (3,901) ​ $ (13,673) ​ $ (17,574) Other comprehensive loss before reclassifications ​ (768) ​ (5,653) ​ (6,421) Amounts reclassified from accumulated other comprehensive loss ​ 106 ​ 128 ​ 234 Period change ​ (662) ​ (5,525) ​ (6,187) Balance at June 30, 2022 ​ $ (4,563) ​ $ (19,198) ​ $ (23,761) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at March 31, 2021 ​ $ (4,783) ​ $ (177) ​ $ (4,960) Other comprehensive gain (loss) before reclassifications ​ 108 ​ 51 ​ 159 Amounts reclassified from accumulated other comprehensive loss ​ 70 ​ — ​ 70 Period change ​ 178 ​ 51 ​ 229 Balance at June 30, 2021 ​ $ (4,605) ​ $ (126) ​ $ (4,731) (1) All amounts are net of tax. Related income tax expense or benefit is calculated using an income tax rate of 21.0%. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accumulated Other Comprehensive Loss (1) ​ ​ ​ ​ ​ Unrealized (losses) ​ ​ ​ ​ ​ ​ ​ ​ gains on ​ ​ ​ ​ ​ Defined Benefit ​ available for sale ​ ​ ​ ​ Pension Plan securities Total Balance at December 31, 2021 ​ $ (3,901) ​ $ (2,734) ​ $ (6,635) Other comprehensive loss before reclassifications ​ (768) ​ (16,592) ​ (17,360) Amounts reclassified from accumulated other comprehensive loss ​ 106 ​ 128 ​ 234 Period change ​ (662) ​ (16,464) ​ (17,126) Balance at June 30, 2022 ​ $ (4,563) ​ $ (19,198) ​ $ (23,761) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at December 31, 2020 ​ $ (4,784) ​ $ 993 ​ $ (3,791) Other comprehensive loss before reclassifications ​ 37 ​ (1,119) ​ (1,082) Amounts reclassified from accumulated other comprehensive loss ​ 142 ​ — ​ 142 Period change ​ 179 ​ (1,119) ​ (940) Balance at June 30, 2021 ​ $ (4,605) ​ $ (126) ​ $ (4,731) (1) All amounts are net of tax. Related income tax expense or benefit is calculated using an income tax rate of 21.0%. ​ ​

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2022
Earnings Per Share
Earnings Per Share	15. Earnings Per Share Basic earnings per share represent income available to common stockholders divided by the weighted-average number of common shares outstanding during the period. Diluted earnings per share is computed in a manner similar to that of basic earnings per share except that the weighted-average number of common shares outstanding is increased to include the number of incremental shares (computed using the treasury method) that would have been outstanding if all potentially dilutive common stock equivalents (such as options) were issued during the period. Unearned ESOP shares are not deemed outstanding for earnings per share calculations. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ 2022 2021 ​ 2022 ​ 2021 Net income applicable to common stock ​ $ 2,029 ​ $ 2,565 ​ $ 4,082 ​ $ 5,886 ​ ​ ​ ​ ​ Average number of common shares outstanding ​ 11,183,583 ​ 11,133,290 ​ 11,183,583 ​ 11,133,290 Less: Average unearned ESOP shares ​ 362,781 ​ 384,602 ​ 365,508 ​ 387,329 Average number of common shares outstanding used to calculate basic earnings per common share ​ 10,820,802 ​ 10,748,688 ​ 10,818,075 ​ 10,745,961 Additional common stock equivalents (nonvested stock) used to calculate diluted earnings per share ​ ​ 64,017 ​ ​ 76,029 ​ ​ 62,016 ​ ​ 69,064 Additional common stock equivalents (stock options) used to calculate diluted earnings per share ​ ​ 107,609 ​ ​ 103,626 ​ ​ 121,369 ​ ​ 87,891 Weighted-average common shares and common stock equivalents used to calculate diluted earnings per share ​ ​ 10,992,428 ​ ​ 10,928,343 ​ ​ 11,001,460 ​ ​ 10,902,916 ​ ​ ​ ​ ​ Earnings per Common share: ​ ​ ​ ​ Basic ​ $ 0.19 ​ $ 0.24 ​ $ 0.38 ​ $ 0.55 Diluted ​ $ 0.18 ​ $ 0.23 ​ $ 0.37 ​ $ 0.54 ​

Nature of Business and Signif_2

Nature of Business and Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2022
Nature of Business and Significant Accounting Policies
Basis of Financial Statement Presentation	Basis of Financial Statements Presentation The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and general practices within the banking industry. In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities, as of the date of the consolidated statements of financial condition and reported amounts of revenues and expenses for the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses, the evaluation of goodwill for impairment and the valuation of deferred tax assets.
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned subsidiary. All significant intercompany accounts and transactions have been eliminated in consolidation. On March 12, 2021, the Bank completed a branch purchase and assumption transaction with ConnectOne Bank. Management concluded that the acquisition represented a business combination, which is accounted for using the acquisition method, with the results of operations included in the Company’s consolidated financial statements as of the acquisition date. For additional information, see Note 2.
Reclassifications	Reclassifications Certain amounts in the prior year consolidated financial statements have been reclassified to conform to the current year’s presentation.
COVID-19	COVID-19 Significant progress has been made to combat the outbreak of COVID-19; however, the global pandemic has adversely impacted a broad range of industries in which the Company's customers operate and could still impair their ability to fulfill their financial obligations to the Company. The Company’s business is dependent upon the willingness and ability of its employees and customers to conduct banking and other financial transactions. If there is a resurgence in the virus or variant strains of the virus increase, the Company could experience further adverse effects on its business, financial condition, results of operations and cash flows. It is not possible to know the full extent of the impact of COVID-19 and the effects it will have on the Company's future operations.
Impact of Recent Accounting Pronouncements	Impact of Recent Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-13 on “Financial Instruments — Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments.” This ASU requires credit losses on most financial assets be measured at amortized cost and certain other instruments to be measured using an expected credit loss model (referred to as the current expected credit loss (“CECL”) model). Under this model, entities will estimate credit losses over the entire contractual term of the instrument from the date of initial recognition of that instrument. The measurement of expected credit losses is based upon relevant information about past events, including historical experience, current conditions and reasonable and supportable forecasts that affect the collectability of the reported amount. On October 16, 2019, the FASB approved a delay for conversion to the CECL methodology to January 2023 for smaller reporting companies, other public business entities, private companies and non-profits. The Company is currently assessing the effect of ASU No. 2016-13 and has engaged with a software vendor to assist in its efforts. In March 2022, the FASB issued ASU 2022-02, “Financial Instruments—Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures”. The amendments in Update 2016-13 require that an entity measure and record the lifetime expected credit losses on an asset upon origination or acquisition, and, as a result, credit losses from loans modified as troubled debt restructurings (“TDRs”) have been incorporated into the allowance for credit losses. The amendments in this Update eliminate the accounting guidance for TDRs by creditors in Subtopic 310-40, “Receivables—Troubled Debt Restructurings by Creditors”, while enhancing disclosure requirements for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. Specifically, rather than applying the recognition and measurement guidance for TDRs, an entity must apply the loan refinancing and restructuring guidance in paragraphs 310-20-35-9 through 35-11 to determine whether a modification results in a new loan or a continuation of an existing loan. The amendments in this Update should be applied prospectively, except as provided in the next sentence. For the transition method related to the recognition and measurement of TDRs, an entity has the option to apply a modified retrospective transition method, resulting in a cumulative-effect adjustment to retained earnings in the period of adoption. ASU 2022-02 is effective for the Company in 2023 upon adoption of ASU 2016-13. The Company does not expect the new guidance to have a material impact on the consolidated financial statements.
Emerging Growth Company Status	Emerging Growth Company Status As an emerging growth company, the Company may delay adoption of new or revised financial accounting standards until such date that the standards are required to be adopted by non-issuer companies. If such standards would not apply to non-issuer companies, no deferral would be applicable. The Company is taking advantage of the benefits of the extended transition periods allowed under the Jumpstart Our Business Startups Act. Accordingly, the Company’s consolidated financial statements may not be comparable to those of public companies that adopt new or revised financial accounting standards as of an earlier date. The effective dates of the recent accounting standards reflect those that relate to non-issuer companies.

Acquisition (Tables)

Acquisition (Tables)	6 Months Ended
	Jun. 30, 2022
Acquisition
Schedule of estimated fair values of the assets acquired and liabilities assumed	The following table summarizes the estimated fair values of the assets acquired and liabilities assumed in the March 12, 2021 transaction with ConnectOne, and reflects all adjustments made to the fair value of the opening balance sheet through June 30, 2022: ​ ​ ​ ​ ​ ​ March 12, Fair value of consideration transferred, assets acquired and liabilities assumed ​ 2021 Total cash received on acquisition ​ $ 32,767 ​ ​ ​ ​ Assets acquired ​ ​ ​ Fixed assets ​ ​ 113 Reimbursed expenses ​ ​ 9 Core deposit intangible (1) ​ ​ 330 Total assets acquired ​ ​ 452 ​ ​ ​ ​ Liabilities assumed ​ ​ ​ Deposits ​ ​ 33,863 Mark-to-market adjustment ​ ​ 181 Total liabilities assumed ​ ​ 34,044 Net liabilities acquired ​ ​ (33,592) Goodwill recognized ​ $ 825 _____________________________ (1) The core deposit intangible was determined to have an estimated life of approximately 13 years .

Investment Securities (Tables)

Investment Securities (Tables)	6 Months Ended
	Jun. 30, 2022
Investment Securities
Schedule of amortized cost, gross unrealized gains and losses and fair values of available for sale securities	The amortized cost, gross unrealized gains and losses and fair values of available for sale securities are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ ​ ​ ​ Gross ​ Gross ​ ​ ​ ​ ​ ​ Unrealized ​ Unrealized ​ ​ ​ Amortized Cost Gains Losses Fair Value U.S. Treasury securities ​ $ 40,224 ​ $ — ​ $ (1,966) ​ $ 38,258 U.S. government agency mortgage-backed securities–residential ​ ​ 185,427 ​ ​ — ​ ​ (20,221) ​ ​ 165,206 U.S. government agency securities ​ 24,791 ​ — ​ (1,489) ​ 23,302 Municipal securities (1) ​ 5,146 ​ — ​ (264) ​ 4,882 Corporate bonds ​ 13,700 ​ 10 ​ (577) ​ 13,133 Other ​ 642 ​ 205 ​ — ​ 847 Total ​ $ 269,930 ​ $ 215 ​ $ (24,517) ​ $ 245,628 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ ​ ​ ​ Gross ​ Gross ​ ​ ​ ​ ​ ​ Unrealized ​ Unrealized ​ ​ ​ Amortized Cost Gains Losses Fair Value U.S. Treasury securities ​ $ 60,273 ​ $ 2 ​ $ (450) ​ $ 59,825 U.S. government agency mortgage-backed securities–residential ​ ​ 179,493 ​ ​ 344 ​ ​ (3,346) ​ ​ 176,491 U.S. government agency securities ​ ​ 24,800 ​ 53 ​ (131) ​ 24,722 Municipal securities (1) ​ 6,858 ​ 33 ​ (40) ​ 6,851 Corporate bonds ​ ​ 11,700 ​ 117 ​ (65) ​ 11,752 Other ​ ​ 620 ​ 22 ​ — ​ 642 Total ​ $ 283,744 ​ $ 571 ​ $ (4,032) ​ $ 280,283 (1) The issuers of municipal securities are all within New York State.
Schedule of gross unrealized losses and fair value, securities in continuous unrealized loss position	The following table presents the fair value and unrealized losses of the Company’s available for sale securities with gross unrealized losses aggregated by the length of time the individual securities have been in a continuous unrealized loss position: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ ​ Less Than 12 Months ​ 12 Months or Longer ​ Total ​ ​ ​ ​ Unrealized ​ ​ ​ Unrealized ​ ​ ​ Unrealized ​ Fair Value Losses Fair Value Losses Fair Value Losses U.S. Treasury securities ​ $ 24,176 ​ $ (956) ​ $ 14,082 ​ $ (1,010) ​ $ 38,258 ​ $ (1,966) U.S. government agency mortgage-backed securities-residential ​ ​ 128,642 ​ ​ (14,543) ​ ​ 36,564 ​ ​ (5,678) ​ ​ 165,206 ​ ​ (20,221) U.S. government agency securities ​ ​ 22,403 ​ ​ (1,388) ​ ​ 899 ​ ​ (101) ​ ​ 23,302 ​ ​ (1,489) Municipal securities ​ ​ 2,992 ​ ​ (147) ​ ​ 1,214 ​ ​ (117) ​ ​ 4,206 ​ ​ (264) Corporate bonds ​ ​ 10,731 ​ ​ (568) ​ ​ 391 ​ ​ (9) ​ ​ 11,122 ​ ​ (577) Total ​ $ 188,944 ​ $ (17,602) ​ $ 53,150 ​ $ (6,915) ​ $ 242,094 ​ $ (24,517) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ ​ Less Than 12 Months ​ 12 Months or Longer ​ Total ​ ​ ​ ​ Unrealized ​ ​ ​ Unrealized ​ ​ ​ Unrealized ​ Fair Value Losses Fair Value Losses Fair Value Losses U.S. Treasury securities ​ $ 49,007 ​ $ (268) ​ $ 5,797 ​ $ (182) ​ $ 54,804 ​ $ (450) U.S. government agency mortgage-backed securities-residential ​ ​ 139,019 ​ ​ (3,035) ​ ​ 11,002 ​ ​ (311) ​ ​ 150,021 ​ ​ (3,346) U.S. government agency securities ​ ​ 14,625 ​ ​ (131) ​ ​ — ​ ​ — ​ ​ 14,625 ​ ​ (131) Municipal securities ​ ​ 2,469 ​ ​ (40) ​ ​ — ​ ​ — ​ ​ 2,469 ​ ​ (40) Corporate bonds ​ ​ 5,885 ​ ​ (65) ​ ​ — ​ ​ — ​ ​ 5,885 ​ ​ (65) Total ​ $ 211,005 ​ $ (3,539) ​ $ 16,799 ​ $ (493) ​ $ 227,804 ​ $ (4,032)
Schedule of maturities of debt securities	Because mortgage-backed securities are not due at a single maturity date, they are not included in the maturity categories in the following maturity summary: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ December 31, 2021 ​ Amortized Cost Fair Value Amortized Cost Fair Value Maturity: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Within 1 year ​ $ 6,945 ​ $ 6,825 ​ $ 12,729 ​ $ 12,726 After 1 but within 5 years ​ 56,211 ​ 52,954 ​ 67,912 ​ 67,463 After 5 but within 10 years ​ 20,560 ​ 19,651 ​ 22,595 ​ 22,567 After 10 years ​ 145 ​ 145 ​ 395 ​ 394 Total Maturities ​ 83,861 ​ 79,575 ​ 103,631 ​ 103,150 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Mortgage-backed securities ​ 185,427 ​ 165,206 ​ 179,493 ​ 176,491 Other ​ 642 ​ 847 ​ 620 ​ 642 Total ​ $ 269,930 ​ $ 245,628 ​ $ 283,744 ​ $ 280,283

Loans and Allowance for Loan _2

Loans and Allowance for Loan Losses (Tables)	6 Months Ended
	Jun. 30, 2022
Loans and Allowance for Loan Losses
Schedule of summary loan portfolio	A summary of the Company’s loan portfolio is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ ​ 2022 2021 ​ Commercial real estate loans: ​ ​ Construction ​ $ 11,568 ​ $ 10,095 ​ Non-residential ​ 258,179 ​ 245,568 ​ Multi-family ​ 67,953 ​ 55,926 ​ Residential real estate loans ​ 39,622 ​ 35,646 ​ Commercial and industrial loans (1) ​ 91,454 ​ 104,323 ​ Consumer loans: ​ ​ ​ Indirect automobile ​ 434,579 ​ 382,088 ​ Home equity ​ 11,588 ​ 11,857 ​ Other consumer ​ 9,021 ​ 7,955 ​ Total gross loans ​ 923,964 ​ 853,458 ​ Net deferred loan costs ​ 11,393 ​ 9,068 ​ Allowance for loan losses ​ (8,169) ​ (7,559) ​ Total net loans ​ $ 927,188 ​ $ 854,967 ​ (1) Includes $3,560 and $29,464 in U.S. Small Business Administration (“SBA”), paycheck protection program (“PPP”) loans at June 30, 2022 and December 31, 2021, respectively.
Schedule of loans by risk rating and portfolio segment	The following tables present the classes of the loan portfolio summarized by the pass category and the criticized and classified categories of special mention and substandard within the internal risk system: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ Pass Special Mention Substandard Total Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 11,568 ​ $ — ​ $ — ​ $ 11,568 Non-residential ​ ​ 246,805 ​ ​ 8,026 ​ ​ 3,348 ​ ​ 258,179 Multifamily ​ 67,953 ​ — ​ — ​ 67,953 Residential real estate ​ 37,746 ​ — ​ 1,876 ​ 39,622 Commercial and industrial ​ 86,772 ​ 4,201 ​ 481 ​ 91,454 Consumer: ​ ​ ​ ​ ​ Indirect automobile ​ 434,045 ​ — ​ 534 ​ 434,579 Home equity ​ 11,466 ​ — ​ 122 ​ 11,588 Other consumer ​ 8,983 ​ — ​ 38 ​ 9,021 Total ​ $ 905,338 ​ $ 12,227 ​ $ 6,399 ​ $ 923,964 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ Pass Special Mention Substandard Total Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 10,095 ​ $ — ​ $ — ​ $ 10,095 Non-residential ​ ​ 232,253 ​ ​ 10,341 ​ ​ 2,974 ​ ​ 245,568 Multifamily ​ 55,926 ​ — ​ — ​ 55,926 Residential real estate ​ 33,416 ​ — ​ 2,230 ​ 35,646 Commercial and industrial ​ 98,171 ​ 5,377 ​ 775 ​ 104,323 Consumer: ​ ​ ​ ​ ​ Indirect automobile ​ 381,354 ​ — ​ 734 ​ 382,088 Home equity ​ 11,587 ​ — ​ 270 ​ 11,857 Other consumer ​ 7,908 ​ — ​ 47 ​ 7,955 Total ​ $ 830,710 ​ $ 15,718 ​ $ 7,030 ​ $ 853,458 ​
Schedule of classes of the loan portfolio by the aging categories of performing loans and nonaccrual loans	The following tables present the classes of the loan portfolio summarized by the aging categories of performing loans and non-accrual loans: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ ​ ​ ​ ​ ​ ​ ​ Greater Than ​ ​ ​ ​ ​ ​ ​ ​ 30-59 Days ​ 60-89 Days ​ 90 Days Past ​ Total Loans ​ ​ ​ Current Past Due Past Due Due Receivable Non-accrual Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 11,568 ​ $ — ​ $ — ​ $ — ​ $ 11,568 ​ $ — Non-residential ​ ​ 256,336 ​ ​ — ​ ​ 29 ​ ​ 1,814 ​ ​ 258,179 ​ ​ 1,814 Multifamily ​ ​ 67,953 ​ ​ — ​ ​ — ​ ​ — ​ ​ 67,953 ​ ​ — Residential real estate ​ 37,695 ​ 1,322 ​ — ​ 605 ​ 39,622 ​ 1,876 Commercial and industrial ​ 90,702 ​ 456 ​ 90 ​ 206 ​ 91,454 ​ 206 Consumer: ​ ​ ​ ​ ​ ​ ​ ​ Indirect automobile ​ 426,047 ​ 7,051 ​ ​ 959 ​ 522 ​ 434,579 ​ 534 Home equity ​ 11,378 ​ 96 ​ 90 ​ 24 ​ 11,588 ​ 122 Other consumer ​ 8,868 ​ 73 ​ 42 ​ 38 ​ 9,021 ​ 38 Total ​ $ 910,547 ​ $ 8,998 ​ $ 1,210 ​ $ 3,209 ​ $ 923,964 ​ $ 4,590 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ ​ ​ ​ ​ ​ ​ ​ Greater Than ​ ​ ​ ​ ​ ​ ​ ​ 30-59 Days ​ 60-89 Days ​ 90 Days Past ​ Total Loans ​ ​ ​ Current Past Due Past Due Due Receivable Non-accrual Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Construction ​ $ 10,095 ​ $ — ​ $ — ​ $ — ​ $ 10,095 ​ $ — Non-residential ​ ​ 242,205 ​ ​ 115 ​ ​ 527 ​ ​ 2,721 ​ ​ 245,568 ​ ​ 2,721 Multifamily ​ ​ 55,926 ​ ​ — ​ ​ — ​ ​ — ​ ​ 55,926 ​ ​ — Residential real estate ​ 34,363 ​ 57 ​ 242 ​ 984 ​ 35,646 ​ 2,230 Commercial and industrial ​ 103,517 ​ 246 ​ — ​ 560 ​ 104,323 ​ 687 Consumer: ​ ​ ​ ​ ​ ​ ​ ​ Indirect automobile ​ 374,729 ​ 5,977 ​ ​ 715 ​ 667 ​ 382,088 ​ 734 Home equity ​ 11,429 ​ 149 ​ 106 ​ 173 ​ 11,857 ​ 270 Other consumer ​ 7,702 ​ 153 ​ 53 ​ 47 ​ 7,955 ​ 47 Total ​ $ 839,966 ​ $ 6,697 ​ $ 1,643 ​ $ 5,152 ​ $ 853,458 ​ $ 6,689
Schedule of information to impaired loans by loan portfolio class	The following tables summarize information regarding impaired loans by loan portfolio class: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ ​ Recorded ​ Unpaid Principal ​ Related ​ Average Recorded ​ Investment Balance Allowance Investment With no related allowance recorded: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Non-residential ​ $ 1,814 ​ $ 2,885 ​ $ — ​ $ 2,461 Residential real estate ​ 1,876 ​ 2,476 ​ — ​ 2,162 Commercial and industrial ​ 199 ​ 252 ​ — ​ 608 Consumer: ​ ​ ​ ​ ​ ​ Indirect automobile ​ 308 ​ 378 ​ — ​ 294 Home equity ​ 122 ​ 123 ​ — ​ 185 Other consumer ​ 38 ​ 42 ​ — ​ 42 Total ​ $ 4,357 ​ $ 6,156 ​ $ — ​ $ 5,752 With an allowance recorded: ​ ​ ​ ​ Commercial and industrial ​ $ 7 ​ $ 7 ​ $ 7 ​ $ 2 Consumer: ​ ​ ​ ​ ​ ​ Indirect automobile ​ ​ 226 ​ ​ 233 ​ ​ 30 ​ ​ 291 Other consumer ​ — ​ — ​ — ​ 9 Total ​ $ 233 ​ $ 240 ​ $ 37 ​ $ 302 Total: ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ Non-residential ​ $ 1,814 ​ $ 2,885 ​ $ — ​ $ 2,461 Residential real estate ​ 1,876 ​ 2,476 ​ — ​ 2,162 Commercial and industrial ​ 206 ​ 259 ​ 7 ​ 610 Consumer: ​ ​ ​ ​ Indirect automobile ​ 534 ​ 611 ​ 30 ​ 585 Home equity ​ 122 ​ 123 ​ — ​ 185 Other consumer ​ 38 ​ 42 ​ — ​ 51 Total ​ $ 4,590 ​ $ 6,396 ​ $ 37 ​ $ 6,054 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ ​ Recorded ​ Unpaid Principal ​ Related ​ Average Recorded ​ Investment Balance Allowance Investment With no related allowance recorded: ​ ​ ​ ​ ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ ​ ​ ​ ​ Non-residential ​ $ 2,721 ​ $ 3,797 ​ $ — ​ $ 2,290 Residential real estate ​ 2,230 ​ 2,786 ​ — ​ 2,459 Commercial and industrial ​ 687 ​ 921 ​ — ​ 674 Consumer: ​ ​ ​ ​ ​ ​ Indirect automobile ​ 345 ​ 408 ​ — ​ 219 Home equity ​ 270 ​ 276 ​ — ​ 338 Other consumer ​ 47 ​ 48 ​ — ​ 50 Total ​ $ 6,300 ​ $ 8,236 ​ $ — ​ $ 6,030 With an allowance recorded: ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ Commercial and industrial ​ $ — ​ $ — ​ $ — ​ $ 148 Consumer: ​ ​ ​ ​ ​ Indirect automobile ​ ​ 389 ​ ​ 395 ​ ​ 68 ​ ​ 286 Total ​ $ 389 ​ $ 395 ​ $ 68 ​ $ 434 Total: ​ ​ ​ ​ Commercial real estate: ​ ​ ​ ​ Non-residential ​ $ 2,721 ​ $ 3,797 ​ $ — ​ $ 2,290 Residential real estate ​ 2,230 ​ 2,786 ​ — ​ 2,459 Commercial and industrial ​ 687 ​ 921 ​ — ​ 822 Consumer: ​ ​ ​ ​ Indirect automobile ​ 734 ​ 803 ​ 68 ​ 505 Home equity ​ 270 ​ 276 ​ — ​ 338 Other consumer ​ 47 ​ 48 ​ — ​ 50 Total ​ $ 6,689 ​ $ 8,631 ​ $ 68 ​ $ 6,464
Schedule of loan balances by segment	The following tables summarize the segments of the loan portfolio and the allowance for loan losses, segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment and the activity in the allowance for loan losses for the periods then ended: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ Commercial ​ ​ ​ ​ Real Estate Residential and Industrial Indirect Consumer Totals ​ Three months ended June 30, 2022 Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 3,314 ​ $ 55 ​ $ 743 ​ $ 3,535 ​ $ 53 ​ $ 7,700 Provision for loan losses ​ ​ 126 ​ ​ 4 ​ ​ 115 ​ ​ 60 ​ ​ 41 ​ ​ 346 Loans charged-off ​ ​ — ​ ​ — ​ ​ — ​ ​ (407) ​ ​ (38) ​ ​ (445) Recoveries ​ — ​ — ​ 1 ​ 550 ​ 17 ​ 568 Ending balance ​ $ 3,440 ​ $ 59 ​ $ 859 ​ $ 3,738 ​ $ 73 ​ $ 8,169 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ Residential ​ Commercial ​ ​ ​ ​ ​ ​ ​ Real Estate Real Estate and Industrial ​ Indirect ​ Consumer Totals ​ ​ Three months ended June 30, 2021 Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 4,162 ​ $ 131 ​ $ 1,319 ​ $ 5,512 ​ $ 137 ​ $ 11,261 (Credit to) provision for loan losses ​ ​ 671 ​ ​ (11) ​ ​ (647) ​ ​ (1,366) ​ ​ 205 ​ ​ (1,148) Loans charged-off ​ ​ — ​ ​ — ​ ​ (1) ​ ​ (491) ​ ​ (6) ​ ​ (498) Recoveries ​ — ​ — ​ 88 ​ 416 ​ 7 ​ 511 Ending balance ​ $ 4,833 ​ $ 120 ​ $ 759 ​ $ 4,071 ​ $ 343 ​ $ 10,126 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ Residential ​ Commercial ​ ​ ​ ​ ​ ​ ​ Real Estate Real Estate and Industrial Indirect Consumer Totals ​ ​ Six months ended June 30, 2022 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 3,317 ​ $ 54 ​ $ 725 ​ $ 3,416 ​ $ 47 ​ $ 7,559 Provision for (credit to) loan losses ​ ​ 123 ​ ​ (105) ​ ​ 133 ​ ​ 355 ​ ​ 61 ​ ​ 567 Loans charged-off ​ ​ — ​ ​ (44) ​ ​ — ​ ​ (1,054) ​ ​ (61) ​ ​ (1,159) Recoveries ​ — ​ 154 ​ 1 ​ 1,021 ​ 26 ​ 1,202 Ending balance ​ $ 3,440 ​ $ 59 ​ $ 859 ​ $ 3,738 ​ $ 73 ​ $ 8,169 Ending balance: ​ ​ ​ ​ ​ ​ Loans deemed impaired ​ $ — ​ $ — ​ $ 7 ​ $ 30 ​ $ — ​ $ 37 Loans not deemed impaired ​ $ 3,440 ​ $ 59 ​ $ 852 ​ $ 3,708 ​ $ 73 ​ $ 8,132 Loan receivables: ​ ​ ​ ​ ​ ​ Ending balance ​ $ 337,700 ​ $ 39,622 ​ $ 91,454 ​ $ 434,579 ​ $ 20,609 ​ $ 923,964 Ending balance: ​ ​ ​ ​ ​ ​ ​ Loans deemed impaired ​ $ 1,814 ​ $ 1,876 ​ $ 206 ​ $ 534 ​ $ 160 ​ $ 4,590 Loans not deemed impaired ​ $ 335,886 ​ $ 37,746 ​ $ 91,248 ​ $ 434,045 ​ $ 20,449 ​ $ 919,374 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ Residential ​ Commercial ​ ​ ​ ​ ​ ​ ​ Real Estate Real Estate and Industrial ​ Indirect ​ Consumer Totals ​ ​ Six months ended June 30, 2021 Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning balance ​ $ 5,354 ​ $ 117 ​ $ 1,050 ​ $ 4,974 ​ $ 138 ​ $ 11,633 (Credit to) provision for loan losses ​ ​ (521) ​ ​ — ​ ​ (378) ​ ​ (509) ​ ​ 191 ​ ​ (1,217) Loans charged-off ​ ​ — ​ ​ — ​ ​ (1) ​ ​ (1,117) ​ ​ (9) ​ ​ (1,127) Recoveries ​ — ​ 3 ​ 88 ​ 723 ​ 23 ​ 837 Ending balance ​ $ 4,833 ​ $ 120 ​ $ 759 ​ $ 4,071 ​ $ 343 ​ $ 10,126 Ending balance: ​ ​ ​ ​ ​ ​ Loans deemed impaired ​ $ — ​ $ — ​ $ 285 ​ $ 51 ​ $ — ​ $ 336 Loans not deemed impaired ​ $ 4,833 ​ $ 120 ​ $ 474 ​ $ 4,020 ​ $ 343 ​ $ 9,790 Loan receivables: ​ ​ ​ ​ ​ ​ Ending balance ​ $ 287,920 ​ $ 38,392 ​ $ 144,620 ​ $ 372,479 ​ $ 21,496 ​ $ 864,907 Ending balance: ​ ​ ​ ​ ​ ​ Loans deemed impaired ​ $ 2,426 ​ $ 2,537 ​ $ 848 ​ $ 396 ​ $ 468 ​ $ 6,675 Loans not deemed impaired ​ $ 285,494 ​ $ 35,855 ​ $ 143,772 ​ $ 372,083 ​ $ 21,028 ​ $ 858,232 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Commercial ​ Residential ​ Commercial ​ ​ ​ ​ ​ ​ ​ Real Estate Real Estate and Industrial Indirect Consumer Totals ​ ​ December 31, 2021 Allowance for loan losses: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Ending balance: ​ ​ ​ ​ ​ ​ Loans deemed impaired ​ $ — ​ $ — ​ $ — ​ $ 68 ​ $ — ​ $ 68 Loans not deemed impaired ​ $ 3,317 ​ $ 54 ​ $ 725 ​ $ 3,348 ​ $ 47 ​ $ 7,491 Loan receivables: ​ ​ ​ ​ ​ ​ Ending balance ​ $ 311,589 ​ $ 35,646 ​ $ 104,323 ​ $ 382,088 ​ $ 19,812 ​ $ 853,458 Ending balance: ​ ​ ​ ​ ​ ​ ​ Loans deemed impaired ​ $ 2,721 ​ $ 2,230 ​ $ 687 ​ $ 734 ​ $ 317 ​ $ 6,689 Loans not deemed impaired ​ $ 308,868 ​ $ 33,416 ​ $ 103,636 ​ $ 381,354 ​ $ 19,495 ​ $ 846,769

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets
Schedule of changes in the carrying value of goodwill	The changes in the carrying value of goodwill are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended ​ Year Ended ​ ​ ​ June 30, ​ December 31, ​ 2022 2021 Beginning balance ​ ​ $ 2,235 ​ $ 1,410 Acquisition activity ​ ​ — ​ 825 ​ ​ ​ ​ Ending balance ​ ​ $ 2,235 ​ $ 2,235 ​ ​ ​ ​ Accumulated impairment ​ ​ $ 1,116 ​ $ 1,116
Schedule of changes in the carrying value of customer list and core deposit intangibles	The changes in the carrying value of the customer list and core deposit intangibles are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six Months Ended ​ Year Ended ​ ​ June 30, ​ December 31, ​ 2022 2021 Beginning balance ​ $ 433 ​ $ 199 Acquisition activity ​ ​ — ​ ​ 330 Amortization ​ (51) ​ (96) ​ ​ ​ Ending balance ​ $ 382 ​ $ 433 Accumulated amortization and impairment ​ $ 895 ​ $ 844
Schedule of future amortization expense for amortizable intangible assets	As of June 30, 2022, the future amortization expense for amortizable intangible assets for the respective years is as follows: ​ ​ ​ ​ ​ 2022 $ 48 2023 ​ 88 2024 ​ 79 2025 ​ 60 2026 ​ 29 Thereafter ​ ​ 78 Total ​ $ 382

Premises and Equipment (Tables)

Premises and Equipment (Tables)	6 Months Ended
	Jun. 30, 2022
Premises and Equipment
Schedule of premises and equipment	Premises and equipment are summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ ​ 2022 2021 ​ Land ​ $ 3,732 ​ $ 3,732 ​ Buildings and improvements ​ 27,376 ​ 27,151 ​ Furniture, fixtures and equipment ​ 14,447 ​ 14,107 ​ Construction in process ​ 255 ​ 161 ​ Total ​ 45,810 ​ 45,151 ​ Less accumulated depreciation ​ (26,743) ​ (25,968) ​ Net ​ $ 19,067 ​ $ 19,183 ​

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Jun. 30, 2022
Deposits
Schedule of deposits	Deposits balances are summarized as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ 2022 2021 Non-interest bearing demand deposits ​ $ 304,314 ​ $ 314,814 Interest bearing accounts: ​ ​ NOW ​ 162,418 ​ 158,615 Savings ​ 192,812 ​ 182,564 Money market ​ 319,923 ​ 289,107 Time certificates of deposit ​ 132,962 ​ 156,899 Total interest bearing accounts ​ 808,115 ​ 787,185 Total deposits ​ $ 1,112,429 ​ $ 1,101,999
Schedule of contractual maturities of time certificates of deposit	Contractual maturities of time certificates of deposit at June 30, 2022 are summarized below: ​ ​ ​ ​ ​ ​ ​ June 30, ​ 2022 Within 1 year ​ $ 103,095 1 – 2 years ​ 16,121 2 – 3 years ​ 6,656 3 – 4 years ​ 4,875 4 – 5 years ​ 2,215 Total ​ $ 132,962

Long-Term Debt and FHLB Stock (

Long-Term Debt and FHLB Stock (Tables)	6 Months Ended
	Jun. 30, 2022
Long-Term Debt and FHLB Stock
Schedule of outstanding principal amounts and related terms of FHLBNY borrowings	The outstanding principal amounts and the related terms and rates at June 30, 2022 were as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Term Principal Maturity Rate ​ Due in one year 3 year amortizing ​ ​ 3,806 ​ February 28, 2023 ​ 1.32 % ​ ​ 3,806 Fixed short-term ​ ​ 20,000 ​ July 1, 2022 ​ 1.32 % ​ ​ 20,000 Total ​ $ 23,806 ​ Weighted Average Rate 1.32 % ​ $ 23,806

Employee Benefits (Tables)

Employee Benefits (Tables)	6 Months Ended
	Jun. 30, 2022
Employee Benefits
Schedule of plan's funded status and amounts recognized in consolidated statement of financial condition	The following table sets forth the plan’s funded status and amounts recognized in the Company’s consolidated statements of financial condition: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ ​ 2022 2021 ​ Projected and accumulated benefit obligation ​ $ (18,899) ​ $ (23,055) ​ Plan assets at fair value ​ 17,897 ​ 22,839 ​ Funded status included in accrued expenses and other liabilities ​ $ (1,002) ​ $ (216) ​
Schedule of net periodic pension cost and amounts recognized in other comprehensive income	The net periodic pension cost and amounts recognized in other comprehensive income are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Six months ended June 30, ​ ​ 2022 2021 ​ Interest cost ​ $ 317 ​ $ 295 ​ Expected return on plan assets ​ (503) ​ (472) ​ Amortization of unrecognized loss ​ 133 ​ 179 ​ Net periodic (benefit) cost ​ $ (53) ​ $ 2 ​
Schedule of fair value of pension plan assets, by fair value hierarchy	The fair value of the Company’s pension plan assets, by fair value hierarchy, are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, 2022 ​ Level 1 Level 2 Level 3 Total Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Investment in separate accounts ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fixed income ​ $ 12,609 ​ $ — ​ $ — ​ $ 12,609 Equity ​ 5,288 ​ — ​ — ​ 5,288 Total assets at fair value ​ $ 17,897 ​ $ — ​ $ — ​ $ 17,897 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 ​ Level 1 Level 2 Level 3 Total Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Investment in separate accounts ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Fixed income ​ $ 15,689 ​ $ — ​ $ — ​ $ 15,689 Equity ​ 7,150 ​ — ​ — ​ 7,150 Total assets at fair value ​ $ 22,839 ​ $ — ​ $ — ​ $ 22,839
Schedule of employee stock ownership plan	Shares held by the ESOP include the following: ​ ​ ​ ​ ​ ​ ​ ​ Six months ended ​ Year ended ​ ​ June 30, ​ December 31, ​ ​ 2022 2021 Allocated ​ 65,463 43,642 Committed to be allocated ​ 10,908 21,821 Unallocated ​ 360,054 370,962 Paid out to participants ​ (1,252) ​ (1,252) Total shares ​ 435,173 435,173
Summary of options	A summary of options under the 2020 EIP as of June 30, 2022 is presented below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted - ​ Weighted-Average ​ ​ Number of ​ Average ​ Remaining Contractual ​ ​ Shares ​ Exercise Price ​ Term (in Years) Options outstanding at beginning of year ​ 439,596 ​ $ 6.62 ​ 8.63 Options granted ​ - ​ ​ - ​ - Options exercised ​ - ​ ​ - ​ - Options Expired ​ (1,666) ​ ​ 6.57 ​ - Options outstanding at June 30, 2022 ​ 437,930 ​ $ 6.62 ​ 8.17 Options exercisable at June 30, 2022 ​ 142,331 ​ $ 6.62 ​ 8.17
Summary of Company's restricted stock activity	The following table summarizes the Company’s restricted stock activity for the six months ended June 30, 2022: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Weighted-Average ​ ​ Number ​ ​ Grant Date ​ ​ of Shares ​ ​ Fair Value per Share Non-vested restricted stock at beginning of year ​ 112,520 ​ $ 6.57 Granted ​ - ​ - Vested ​ - ​ - Forfeited ​ - ​ - Non-vested restricted stock at June 30, 2022 ​ 112,520 ​ $ 6.57

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2022
Leases
Schedule of future minimum payments for operating leases	Future minimum payments for operating leases with initial or remaining terms of one year or more as of June 30, 2022 were as follows: ​ ​ ​ ​ ​ Years ending December 31: ​ ​ 2022 ​ $ 427 2023 ​ 854 2024 ​ 857 2025 ​ 833 2026 ​ 728 Thereafter ​ 5,070 Total future minimum lease payments ​ ​ 8,769 Amounts representing interest ​ ​ (1,257) Present Value of Net Future Minimum Lease Payments ​ $ 7,512

Commitments and Contingencies_2

Commitments and Contingencies and Derivatives (Tables)	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies and Derivatives
Schedule of contract amounts represent off-balance sheet credit risk	Financial instruments whose contract amounts represent off-balance sheet credit risk are as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ ​ 2022 2021 ​ Commitments to extend credit summarized as follows: ​ ​ ​ ​ ​ ​ ​ Future loan commitments ​ $ 8,748 ​ $ 6,830 ​ Undisbursed construction loans ​ 19,524 ​ 15,191 ​ Undisbursed home equity lines of credit ​ 10,326 ​ 11,048 ​ Undisbursed commercial and other line of credit ​ 96,186 ​ 78,941 ​ Standby letters of credit ​ 3,702 ​ 3,068 ​ Total ​ $ 138,486 ​ $ 115,078 ​
Schedule of information regarding derivatives	Summary information regarding these derivatives is presented below: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ ​ 2022 ​ 2021 ​ Notational amount ​ $ 31,173 ​ ​ $ 26,842 ​ Fair value ​ $ 2,505 ​ ​ $ 644 ​ Weighted average pay rates ​ ​ 3.94 % ​ ​ 3.69 % Weighted average receive rates ​ ​ 2.90 % ​ ​ 2.26 % Weighted average maturity (in years) ​ ​ 9.58 ​ ​ ​ 9.78 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Number of Contracts ​ ​ 8 ​ ​ ​ 7 ​

Regulatory Matters (Tables)

Regulatory Matters (Tables)	6 Months Ended
	Jun. 30, 2022
Regulatory Matters
Schedule of actual capital amounts and ratios	The Bank’s actual capital amounts and ratios were: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ To be Well Capitalized under ​ ​ ​ ​ ​ ​ ​ For Capital Adequacy ​ Prompt Corrective Action ​ ​ Actual ​ Purposes ​ Provisions ​ Amount Ratio Amount Ratio Amount Ratio ​ ​ June 30, 2022 Rhinebeck Bank ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Total capital (to risk-weighted assets) ​ $ 135,879 12.71 % $ 85,495 8.00 % $ 106,869 10.00 % Tier 1 capital (to risk-weighted assets) ​ 127,710 11.95 % 64,122 6.00 % 85,495 8.00 % Common equity tier one capital (to risk weighted assets) ​ 127,710 11.95 % 48,091 4.50 % 69,465 6.50 % Tier 1 capital (to average assets) ​ 127,710 9.80 % 52,109 4.00 % 65,137 5.00 % ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 Rhinebeck Bank ​ ​ ​ ​ Total capital (to risk-weighted assets) ​ $ 130,217 13.54 % $ 76,917 8.00 % $ 96,146 10.00 % Tier 1 capital (to risk-weighted assets) ​ 122,658 12.76 % 57,687 6.00 % 76,917 8.00 % Common equity tier one capital (to risk weighted assets) ​ 122,658 12.76 % 43,266 4.50 % 62,495 6.50 % Tier 1 capital (to average assets) ​ 122,658 9.65 % 50,865 4.00 % 63,582 5.00 %

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Jun. 30, 2022
Fair Value
Schedule of assets carried at fair value on a recurring basis	The following tables detail the assets that are carried at fair value on a recurring basis as of the periods shown and indicate the fair value hierarchy of the valuation techniques utilized by the Company to determine the fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices in ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Active Markets ​ Significant ​ Significant ​ ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ Balance Assets (Level 1) Inputs (Level 2) Inputs (Level 3) ​ ​ June 30, 2022 Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities ​ $ 38,258 ​ $ 38,258 ​ $ — ​ $ — U.S. government agency mortgage-backed securities-residential ​ ​ 165,206 ​ ​ — ​ ​ 165,206 ​ ​ — U.S. government agency securities ​ 23,302 ​ — ​ 23,302 ​ — Municipal securities ​ 4,882 ​ — ​ 4,737 ​ 145 Corporate Bonds ​ ​ 13,133 ​ ​ — ​ ​ 13,133 ​ ​ — Other ​ 847 ​ — ​ 847 ​ — Total available for sale securities ​ ​ 245,628 ​ ​ 38,258 ​ ​ 207,225 ​ ​ 145 Loan level interest rate swaps ​ ​ 2,505 ​ ​ — ​ ​ 2,505 ​ ​ — Total assets ​ $ 248,133 ​ $ 38,258 ​ $ 209,730 ​ $ 145 Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loan level interest rate swaps ​ $ 2,505 ​ $ — ​ $ 2,505 ​ $ — Total liabilities ​ $ 2,505 ​ $ — ​ $ 2,505 ​ $ — ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 Assets: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ U.S. Treasury securities ​ $ 59,825 ​ $ 59,825 ​ $ — ​ $ — U.S. government agency mortgage-backed securities – residential ​ ​ 176,491 ​ ​ — ​ ​ 176,491 ​ ​ — U.S. government agency securities ​ 24,722 ​ — ​ 24,722 ​ — Municipal securities ​ 6,851 ​ — ​ 6,706 ​ 145 Corporate Bonds ​ ​ 11,752 ​ ​ — ​ ​ 11,752 ​ ​ — Other ​ 642 ​ — ​ 642 ​ — Total available for sale securities ​ ​ 280,283 ​ ​ 59,825 ​ ​ 220,313 ​ ​ 145 Loan level interest rate swaps ​ ​ 644 ​ ​ — ​ ​ 644 ​ ​ — Total assets ​ $ 280,927 ​ $ 59,825 ​ $ 220,957 ​ $ 145 Liabilities: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Loan level interest rate swaps ​ $ 644 ​ $ — ​ $ 644 ​ $ — Total liabilities ​ $ 644 ​ $ — ​ $ 644 ​ $ —
Schedule of assets carried at fair value and measured at fair value on a nonrecurring basis	The following tables detail the assets carried at fair value and measured at fair value on a nonrecurring basis as of June 30, 2022 and December 31, 2021 and indicate the fair value hierarchy of the valuation techniques utilized by the Company to determine the fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quoted Prices in ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Active Markets ​ Significant ​ Significant ​ ​ ​ ​ ​ for Identical ​ Observable ​ Unobservable ​ Balance Assets (Level 1) Inputs (Level 2) Inputs (Level 3) ​ ​ June 30, 2022 Impaired loans, with specific reserves ​ $ 196 ​ $ — ​ $ — ​ $ 196 Total ​ $ 196 ​ $ — ​ $ — ​ $ 196 ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 Impaired loans, with specific reserves ​ $ 321 ​ $ — ​ $ — ​ $ 321 Total ​ $ 321 ​ $ — ​ $ — ​ $ 321
Schedule of additional quantitative information about assets measured at fair value on a nonrecurring basis	The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which the Company has utilized Level 3 inputs to determine fair value: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Quantitative Information About Level 3 Fair Value Measurements ​ ​ Fair Value ​ Valuation ​ Unobservable ​ Range ​ Estimate Techniques Input (Weighted Average) ​ ​ June 30, 2022 Impaired loans ​ $ 196 Appraisal of collateral (1) Liquidation expenses (3) 0% to 6% ​ ​ ​ ​ ​ ​ ​ Appraisal adjustments (2) 0% to 20% ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ December 31, 2021 Impaired loans ​ $ 321 Appraisal of collateral (1) Liquidation expenses (3) 0% to 6% ​ ​ ​ ​ ​ ​ ​ Appraisal adjustments (2) 0% to 20% (1) Fair value is generally through independent appraisals of the underlying collateral that generally include various level 3 inputs which are not identifiable. (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 appraised value. (3) Estimated costs to sell.
Schedule of carrying value and fair values of the financial instruments	As of the following dates, the carrying value and fair values of the Company’s financial instruments were: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ June 30, ​ December 31, ​ ​ 2022 ​ 2021 ​ Carrying Value Fair Value Carrying Value Fair Value Financial Assets: ​ ​ ​ ​ ​ ​ ​ ​ Cash and due from banks (Level 1) ​ $ 39,922 ​ $ 39,922 ​ $ 72,091 ​ $ 72,091 Available for sale securities (Level 1) ​ 38,258 ​ 38,258 ​ 59,825 ​ 59,825 Available for sale securities (Level 2) ​ 207,225 ​ 207,225 ​ 220,313 ​ 220,313 Available for sale securities (Level 3) ​ 145 ​ 145 ​ 145 ​ 145 Loan level interest rate swaps (Level 2) ​ ​ 2,505 ​ ​ 2,505 ​ ​ 644 ​ ​ 644 FHLB stock (Level 2) ​ 1,731 ​ 1,731 ​ 1,322 ​ 1,322 Loans, net (Level 3) ​ 927,188 ​ 911,405 ​ 854,967 ​ 855,542 Mortgage servicing rights (Level 3) ​ 2,598 ​ 5,974 ​ 2,633 ​ 4,892 Financial Liabilities: ​ ​ ​ ​ Deposits (Level 2) ​ 1,112,429 ​ 985,761 ​ 1,101,999 ​ 1,083,541 Mortgagors' escrow accounts (Level 2) ​ 12,596 ​ 12,598 ​ 9,130 ​ 9,137 FHLB advances (Level 2) ​ 23,806 ​ 23,779 ​ 18,041 ​ 18,151 Subordinated debt (Level 2) ​ 5,155 ​ 5,155 ​ 5,155 ​ 5,155 Loan level interest rate swaps (Level 2) ​ ​ 2,505 ​ ​ 2,505 ​ ​ 644 ​ ​ 644

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Jun. 30, 2022
Accumulated Other Comprehensive Loss.
Schedule of accumulated other comprehensive loss components	The activity in accumulated other comprehensive loss for the three and six months ended June 30, 2022 and 2021 is as follows: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accumulated Other Comprehensive Loss (1) ​ ​ ​ ​ ​ Unrealized (losses) ​ ​ ​ ​ ​ ​ ​ ​ gains on ​ ​ ​ ​ ​ Defined Benefit ​ available for sale ​ ​ ​ ​ Pension Plan securities Total Balance at March 31, 2022 ​ $ (3,901) ​ $ (13,673) ​ $ (17,574) Other comprehensive loss before reclassifications ​ (768) ​ (5,653) ​ (6,421) Amounts reclassified from accumulated other comprehensive loss ​ 106 ​ 128 ​ 234 Period change ​ (662) ​ (5,525) ​ (6,187) Balance at June 30, 2022 ​ $ (4,563) ​ $ (19,198) ​ $ (23,761) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at March 31, 2021 ​ $ (4,783) ​ $ (177) ​ $ (4,960) Other comprehensive gain (loss) before reclassifications ​ 108 ​ 51 ​ 159 Amounts reclassified from accumulated other comprehensive loss ​ 70 ​ — ​ 70 Period change ​ 178 ​ 51 ​ 229 Balance at June 30, 2021 ​ $ (4,605) ​ $ (126) ​ $ (4,731) (1) All amounts are net of tax. Related income tax expense or benefit is calculated using an income tax rate of 21.0%. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Accumulated Other Comprehensive Loss (1) ​ ​ ​ ​ ​ Unrealized (losses) ​ ​ ​ ​ ​ ​ ​ ​ gains on ​ ​ ​ ​ ​ Defined Benefit ​ available for sale ​ ​ ​ ​ Pension Plan securities Total Balance at December 31, 2021 ​ $ (3,901) ​ $ (2,734) ​ $ (6,635) Other comprehensive loss before reclassifications ​ (768) ​ (16,592) ​ (17,360) Amounts reclassified from accumulated other comprehensive loss ​ 106 ​ 128 ​ 234 Period change ​ (662) ​ (16,464) ​ (17,126) Balance at June 30, 2022 ​ $ (4,563) ​ $ (19,198) ​ $ (23,761) ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Balance at December 31, 2020 ​ $ (4,784) ​ $ 993 ​ $ (3,791) Other comprehensive loss before reclassifications ​ 37 ​ (1,119) ​ (1,082) Amounts reclassified from accumulated other comprehensive loss ​ 142 ​ — ​ 142 Period change ​ 179 ​ (1,119) ​ (940) Balance at June 30, 2021 ​ $ (4,605) ​ $ (126) ​ $ (4,731) (1) All amounts are net of tax. Related income tax expense or benefit is calculated using an income tax rate of 21.0%.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings Per Share
Schedule of earnings per share, basic and diluted	​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Three Months Ended June 30, ​ Six Months Ended June 30, ​ 2022 2021 ​ 2022 ​ 2021 Net income applicable to common stock ​ $ 2,029 ​ $ 2,565 ​ $ 4,082 ​ $ 5,886 ​ ​ ​ ​ ​ Average number of common shares outstanding ​ 11,183,583 ​ 11,133,290 ​ 11,183,583 ​ 11,133,290 Less: Average unearned ESOP shares ​ 362,781 ​ 384,602 ​ 365,508 ​ 387,329 Average number of common shares outstanding used to calculate basic earnings per common share ​ 10,820,802 ​ 10,748,688 ​ 10,818,075 ​ 10,745,961 Additional common stock equivalents (nonvested stock) used to calculate diluted earnings per share ​ ​ 64,017 ​ ​ 76,029 ​ ​ 62,016 ​ ​ 69,064 Additional common stock equivalents (stock options) used to calculate diluted earnings per share ​ ​ 107,609 ​ ​ 103,626 ​ ​ 121,369 ​ ​ 87,891 Weighted-average common shares and common stock equivalents used to calculate diluted earnings per share ​ ​ 10,992,428 ​ ​ 10,928,343 ​ ​ 11,001,460 ​ ​ 10,902,916 ​ ​ ​ ​ ​ Earnings per Common share: ​ ​ ​ ​ Basic ​ $ 0.19 ​ $ 0.24 ​ $ 0.38 ​ $ 0.55 Diluted ​ $ 0.18 ​ $ 0.23 ​ $ 0.37 ​ $ 0.54

Nature of Business and Signif_3

Nature of Business and Significant Accounting Policies (Details)	6 Months Ended
	Jun. 30, 2022 item
Nature of Business and Significant Accounting Policies
Number of branches	15
Number of representative offices	2

Acquisition (Narrative) (Detail

Acquisition (Narrative) (Details) - ConnectOne Bank $ in Thousands	12 Months Ended
	Dec. 31, 2021 USD ($)	Mar. 12, 2021 USD ($) item
Business Acquisition [Line Items]
Deposits		$ 33,863
Expenses related to the acquisition	$ 71
Monroe and Warwick, New York
Business Acquisition [Line Items]
Number of branch acquired | item		2

Acquisition (Schedule of estima

Acquisition (Schedule of estimated fair values of the assets acquired and liabilities assumed) (Details) - USD ($) $ in Thousands		6 Months Ended
	Mar. 12, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Dec. 31, 2020
Fair value of consideration transferred
Total cash received on acquisition			$ 32,767
Liabilities assumed
Goodwill		$ 2,235		$ 2,235	$ 1,410
Useful life of purchased customer accounts		13 years
ConnectOne Bank
Fair value of consideration transferred
Total cash received on acquisition	$ 32,767
Assets acquired
Fixed assets	113
Reimbursed expenses	9
Core deposit intangible	330
Total assets acquired	452
Liabilities assumed
Deposits	33,863
Mark-to-market adjustment	181
Total liabilities assumed	34,044
Net liabilities acquired	(33,592)
Goodwill	$ 825
ConnectOne Bank | Core deposit
Liabilities assumed
Useful life of purchased customer accounts	13 years

Investment Securities (Schedule

Investment Securities (Schedule of amortized cost, gross unrealized gains and losses and fair values of available for sale securities) (Details) - USD ($) $ in Thousands		Jun. 30, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		$ 269,930	$ 283,744
Gross Unrealized Gains		215	571
Gross Unrealized Losses		(24,517)	(4,032)
Fair Value		245,628	280,283
U.S. Treasury securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		40,224	60,273
Gross Unrealized Gains		0	2
Gross Unrealized Losses		(1,966)	(450)
Fair Value		38,258	59,825
U.S. government agency mortgage-backed securities-residential
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		185,427	179,493
Gross Unrealized Gains		0	344
Gross Unrealized Losses		(20,221)	(3,346)
Fair Value		165,206	176,491
U.S. government agency securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		24,791	24,800
Gross Unrealized Gains		0	53
Gross Unrealized Losses		(1,489)	(131)
Fair Value		23,302	24,722
Municipal securities
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	[1]	5,146	6,858
Gross Unrealized Gains	[1]	0	33
Gross Unrealized Losses	[1]	(264)	(40)
Fair Value	[1]	4,882	6,851
Corporate Bonds
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		13,700	11,700
Gross Unrealized Gains		10	117
Gross Unrealized Losses		(577)	(65)
Fair Value		13,133	11,752
Other
Debt Securities, Available-for-sale [Line Items]
Amortized Cost		642	620
Gross Unrealized Gains		205	22
Gross Unrealized Losses		0
Fair Value		$ 847	$ 642
[1] The issuers of municipal securities are all within New York State.

Investment Securities (Schedu_2

Investment Securities (Schedule of gross unrealized losses and fair value, securities in continuous unrealized loss position) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Less Than 12 Months Fair Value	$ 188,944	$ 211,005
Less Than 12 Months Unrealized Losses	(17,602)	(3,539)
12 Months or Longer Fair Value	53,150	16,799
12 Months or Longer Unrealized Losses	(6,915)	(493)
Fair Value	242,094	227,804
Unrealized Losses	(24,517)	(4,032)
U.S. Treasury securities
Debt Securities, Available-for-sale [Line Items]
Less Than 12 Months Fair Value	24,176	49,007
Less Than 12 Months Unrealized Losses	(956)	(268)
12 Months or Longer Fair Value	14,082	5,797
12 Months or Longer Unrealized Losses	(1,010)	(182)
Fair Value	38,258	54,804
Unrealized Losses	(1,966)	(450)
U.S. government agency mortgage-backed securities-residential
Debt Securities, Available-for-sale [Line Items]
Less Than 12 Months Fair Value	128,642	139,019
Less Than 12 Months Unrealized Losses	(14,543)	(3,035)
12 Months or Longer Fair Value	36,564	11,002
12 Months or Longer Unrealized Losses	(5,678)	(311)
Fair Value	165,206	150,021
Unrealized Losses	(20,221)	(3,346)
U.S. government agency securities
Debt Securities, Available-for-sale [Line Items]
Less Than 12 Months Fair Value	22,403	14,625
Less Than 12 Months Unrealized Losses	(1,388)	(131)
12 Months or Longer Fair Value	899
12 Months or Longer Unrealized Losses	(101)
Fair Value	23,302	14,625
Unrealized Losses	(1,489)	(131)
Municipal securities
Debt Securities, Available-for-sale [Line Items]
Less Than 12 Months Fair Value	2,992	2,469
Less Than 12 Months Unrealized Losses	(147)	(40)
12 Months or Longer Fair Value	1,214
12 Months or Longer Unrealized Losses	(117)
Fair Value	4,206	2,469
Unrealized Losses	(264)	(40)
Corporate Bonds
Debt Securities, Available-for-sale [Line Items]
Less Than 12 Months Fair Value	10,731	5,885
Less Than 12 Months Unrealized Losses	(568)	(65)
12 Months or Longer Fair Value	391
12 Months or Longer Unrealized Losses	(9)
Fair Value	11,122	5,885
Unrealized Losses	$ (577)	$ (65)

Investment Securities (Schedu_3

Investment Securities (Schedule of maturities of debt securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Amortized Cost
Within 1 year	$ 6,945	$ 12,729
After 1 but within 5 years	56,211	67,912
After 5 but within 10 years	20,560	22,595
After 10 years	145	395
Total Maturities	83,861	103,631
Mortgage-backed securities	185,427	179,493
Other	642	620
Amortized Cost	269,930	283,744
Fair Value
Within 1 year	6,825	12,726
After 1 but within 5 years	52,954	67,463
After 5 but within 10 years	19,651	22,567
After 10 years	145	394
Total Maturities	79,575	103,150
Mortgage-backed securities	165,206	176,491
Other	847	642
Fair Value	$ 245,628	$ 280,283

Investment Securities (Narrativ

Investment Securities (Narrative) (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($) security	Dec. 31, 2021 USD ($)
Debt Securities, Available-for-sale [Line Items]
Number of individual available-for-sale securities with unrealized losses | security	239
Unrealized Losses	$ 24,517	$ 4,032
Aggregate percentage of depreciation	10.13%
Proceeds from the sale of available for sale securities and calls	$ 14,826
Losses on sales of investment securities	162
Federal Home Loan Bank Advances [Member]
Debt Securities, Available-for-sale [Line Items]
Available for sale securities pledged to secure Federal Home Loan Bank of New York ("FHLBNY") borrowings	3,973	8,316
Asset Pledged as Collateral [Member] | Federal Reserve Bank Advances [Member]
Debt Securities, Available-for-sale [Line Items]
Available for sale securities pledged to secure Federal Home Loan Bank of New York ("FHLBNY") borrowings	$ 956	$ 1,054

Loans and Allowance for Loan _3

Loans and Allowance for Loan Losses (Schedule of summary loan portfolio) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021	Jun. 30, 2021	Mar. 31, 2021	Dec. 31, 2020
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	$ 923,964		$ 853,458	$ 864,907
Net deferred loan costs	11,393		9,068
Allowance for loan losses	(8,169)	$ (7,700)	(7,559)	(10,126)	$ (11,261)	$ (11,633)
Total net loans	927,188		854,967
Indirect automobile
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	434,579		382,088	372,479
Allowance for loan losses	(3,738)	(3,535)	(3,416)	(4,071)	(5,512)	(4,974)
Commercial real estate
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	337,700		311,589	287,920
Allowance for loan losses	(3,440)	(3,314)	(3,317)	(4,833)	(4,162)	(5,354)
Commercial real estate | Undisbursed construction loans
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	11,568		10,095
Commercial real estate | Non-residential
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	258,179		245,568
Commercial real estate | Multifamily
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	67,953		55,926
Residential
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	39,622		35,646	38,392
Allowance for loan losses	(59)	(55)	(54)	(120)	(131)	(117)
Commercial and industrial
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	91,454		104,323	144,620
Allowance for loan losses	(859)	(743)	(725)	(759)	(1,319)	(1,050)
Commercial and industrial | Small Business Administration Paycheck Protection Program
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	3,560		29,464
Consumer
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	20,609		19,812	21,496
Allowance for loan losses	(73)	$ (53)	(47)	$ (343)	$ (137)	$ (138)
Consumer | Indirect automobile
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	434,579		382,088
Consumer | Home equity
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	11,588		11,857
Consumer | Other consumer
Loans and Leases Receivable Disclosure [Line Items]
Total gross loans	$ 9,021		$ 7,955

Loans and Allowance for Loan _4

Loans and Allowance for Loan Losses (Schedule of loans by risk rating and portfolio segment) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	$ 923,964	$ 853,458	$ 864,907
Pass
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	905,338	830,710
Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	12,227	15,718
Substandard
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	6,399	7,030
Indirect automobile
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	434,579	382,088	372,479
Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	337,700	311,589	287,920
Commercial real estate | Undisbursed construction loans
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	11,568	10,095
Commercial real estate | Undisbursed construction loans | Pass
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	11,568	10,095
Commercial real estate | Non-residential
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	258,179	245,568
Commercial real estate | Non-residential | Pass
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	246,805	232,253
Commercial real estate | Non-residential | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	8,026	10,341
Commercial real estate | Non-residential | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	3,348	2,974
Commercial real estate | Multifamily
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	67,953	55,926
Commercial real estate | Multifamily | Pass
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	67,953	55,926
Residential
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	39,622	35,646	38,392
Residential | Pass
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	37,746	33,416
Residential | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	1,876	2,230
Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	91,454	104,323	144,620
Commercial and industrial | Pass
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	86,772	98,171
Commercial and industrial | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	4,201	5,377
Commercial and industrial | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	481	775
Consumer
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	20,609	19,812	$ 21,496
Consumer | Indirect automobile
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	434,579	382,088
Consumer | Indirect automobile | Pass
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	434,045	381,354
Consumer | Indirect automobile | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	534	734
Consumer | Home equity
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	11,588	11,857
Consumer | Home equity | Pass
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	11,466	11,587
Consumer | Home equity | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	122	270
Consumer | Other consumer
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	9,021	7,955
Consumer | Other consumer | Pass
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	8,983	7,908
Consumer | Other consumer | Substandard
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	$ 38	$ 47

Loans and Allowance for Loan _5

Loans and Allowance for Loan Losses (Schedule of classes of the loan portfolio by the aging categories of performing loans and nonaccrual loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	$ 923,964	$ 853,458
Nonaccrual	4,590	6,689
Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	910,547	839,966
30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	8,998	6,697
60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	1,210	1,643
Greater Than 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	3,209	5,152
Commercial real estate | Undisbursed construction loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	11,568	10,095
Commercial real estate | Undisbursed construction loans | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	11,568	10,095
Commercial real estate | Non-residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	258,179	245,568
Nonaccrual	1,814	2,721
Commercial real estate | Non-residential | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	256,336	242,205
Commercial real estate | Non-residential | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable		115
Commercial real estate | Non-residential | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	29	527
Commercial real estate | Non-residential | Greater Than 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	1,814	2,721
Commercial real estate | Multifamily
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	67,953	55,926
Commercial real estate | Multifamily | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	67,953	55,926
Residential
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	39,622	35,646
Nonaccrual	1,876	2,230
Residential | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	37,695	34,363
Residential | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	1,322	57
Residential | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	0	242
Residential | Greater Than 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	605	984
Commercial and industrial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	91,454	104,323
Nonaccrual	206	687
Commercial and industrial | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	90,702	103,517
Commercial and industrial | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	456	246
Commercial and industrial | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	90
Commercial and industrial | Greater Than 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	206	560
Consumer | Indirect automobile
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	434,579	382,088
Nonaccrual	534	734
Consumer | Indirect automobile | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	426,047	374,729
Consumer | Indirect automobile | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	7,051	5,977
Consumer | Indirect automobile | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	959	715
Consumer | Indirect automobile | Greater Than 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	522	667
Consumer | Home equity
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	11,588	11,857
Nonaccrual	122	270
Consumer | Home equity | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	11,378	11,429
Consumer | Home equity | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	96	149
Consumer | Home equity | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	90	106
Consumer | Home equity | Greater Than 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	24	173
Consumer | Other consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	9,021	7,955
Nonaccrual	38	47
Consumer | Other consumer | Current
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	8,868	7,702
Consumer | Other consumer | 30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	73	153
Consumer | Other consumer | 60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	42	53
Consumer | Other consumer | Greater Than 90 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Loans Receivable	$ 38	$ 47

Loans and Allowance for Loan _6

Loans and Allowance for Loan Losses (Schedule of information to impaired loans by loan portfolio class) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
With no related allowance recorded:
Recorded Investment	$ 4,357	$ 6,300
Unpaid Principal Balance	6,156	8,236
Average Recorded Investment	5,752	6,030
With an allowance recorded:
Recorded Investment	233	389
Unpaid Principal Balance	240	395
Related Allowance	37	68
Average Recorded Investment	302	434
Total:
Recorded Investment	4,590	6,689
Unpaid Principal Balance	6,396	8,631
Related Allowance	37	68
Average Recorded Investment	6,054	6,464
Commercial real estate | Non-residential
With no related allowance recorded:
Recorded Investment	1,814	2,721
Unpaid Principal Balance	2,885	3,797
Average Recorded Investment	2,461	2,290
Total:
Recorded Investment	1,814	2,721
Unpaid Principal Balance	2,885	3,797
Average Recorded Investment	2,461	2,290
Residential
With no related allowance recorded:
Recorded Investment	1,876	2,230
Unpaid Principal Balance	2,476	2,786
Average Recorded Investment	2,162	2,459
Total:
Recorded Investment	1,876	2,230
Unpaid Principal Balance	2,476	2,786
Average Recorded Investment	2,162	2,459
Commercial and industrial
With no related allowance recorded:
Recorded Investment	199	687
Unpaid Principal Balance	252	921
Average Recorded Investment	608	674
With an allowance recorded:
Recorded Investment	7
Unpaid Principal Balance	7
Related Allowance	7
Average Recorded Investment	2	148
Total:
Recorded Investment	206	687
Unpaid Principal Balance	259	921
Related Allowance	7
Average Recorded Investment	610	822
Consumer | Indirect automobile
With no related allowance recorded:
Recorded Investment	308	345
Unpaid Principal Balance	378	408
Average Recorded Investment	294	219
With an allowance recorded:
Recorded Investment	226	389
Unpaid Principal Balance	233	395
Related Allowance	30	68
Average Recorded Investment	291	286
Total:
Recorded Investment	534	734
Unpaid Principal Balance	611	803
Related Allowance	30	68
Average Recorded Investment	585	505
Consumer | Home equity
With no related allowance recorded:
Recorded Investment	122	270
Unpaid Principal Balance	123	276
Average Recorded Investment	185	338
Total:
Recorded Investment	122	270
Unpaid Principal Balance	123	276
Average Recorded Investment	185	338
Consumer | Other consumer
With no related allowance recorded:
Recorded Investment	38	47
Unpaid Principal Balance	42	48
Average Recorded Investment	42	50
With an allowance recorded:
Average Recorded Investment	9
Total:
Recorded Investment	38	47
Unpaid Principal Balance	42	48
Average Recorded Investment	$ 51	$ 50

Loans and Allowance for Loan _7

Loans and Allowance for Loan Losses (Schedule of loan balances by segment) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Allowance for loan losses:
Beginning balance	$ 7,700	$ 11,261	$ 7,559	$ 11,633
(Credit to) provision for loan losses	346	(1,148)	567	(1,217)
Loans charged-off	(445)	(498)	(1,159)	(1,127)
Recoveries	568	511	1,202	837
Ending balance	8,169	10,126	8,169	10,126
Allowance for loan losses:
Ending balance: Individually evaluated for impairment	37	336	37	336	$ 68
Ending balance: Collectively evaluated for impairment	8,132	9,790	8,132	9,790	7,491
Loan receivables:
Ending balance	923,964	864,907	923,964	864,907	853,458
Ending balance: Individually evaluated for impairment	4,590	6,675	4,590	6,675	6,689
Ending balance: Collectively evaluated for impairment	919,374	858,232	919,374	858,232	846,769
Indirect automobile
Allowance for loan losses:
Beginning balance	3,535	5,512	3,416	4,974
(Credit to) provision for loan losses	60	(1,366)	355	(509)
Loans charged-off	(407)	(491)	(1,054)	(1,117)
Recoveries	550	416	1,021	723
Ending balance	3,738	4,071	3,738	4,071
Allowance for loan losses:
Ending balance: Individually evaluated for impairment	30	51	30	51	68
Ending balance: Collectively evaluated for impairment	3,708	4,020	3,708	4,020	3,348
Loan receivables:
Ending balance	434,579	372,479	434,579	372,479	382,088
Ending balance: Individually evaluated for impairment	534	396	534	396	734
Ending balance: Collectively evaluated for impairment	434,045	372,083	434,045	372,083	381,354
Commercial real estate
Allowance for loan losses:
Beginning balance	3,314	4,162	3,317	5,354
(Credit to) provision for loan losses	126	671	123	(521)
Ending balance	3,440	4,833	3,440	4,833
Allowance for loan losses:
Ending balance: Collectively evaluated for impairment	3,440	4,833	3,440	4,833	3,317
Loan receivables:
Ending balance	337,700	287,920	337,700	287,920	311,589
Ending balance: Individually evaluated for impairment	1,814	2,426	1,814	2,426	2,721
Ending balance: Collectively evaluated for impairment	335,886	285,494	335,886	285,494	308,868
Residential
Allowance for loan losses:
Beginning balance	55	131	54	117
(Credit to) provision for loan losses	4	(11)	(105)
Loans charged-off			(44)
Recoveries			154	3
Ending balance	59	120	59	120
Allowance for loan losses:
Ending balance: Collectively evaluated for impairment	59	120	59	120	54
Loan receivables:
Ending balance	39,622	38,392	39,622	38,392	35,646
Ending balance: Individually evaluated for impairment	1,876	2,537	1,876	2,537	2,230
Ending balance: Collectively evaluated for impairment	37,746	35,855	37,746	35,855	33,416
Commercial and industrial
Allowance for loan losses:
Beginning balance	743	1,319	725	1,050
(Credit to) provision for loan losses	115	(647)	133	(378)
Loans charged-off		(1)		(1)
Recoveries	1	88	1	88
Ending balance	859	759	859	759
Allowance for loan losses:
Ending balance: Individually evaluated for impairment	7	285	7	285
Ending balance: Collectively evaluated for impairment	852	474	852	474	725
Loan receivables:
Ending balance	91,454	144,620	91,454	144,620	104,323
Ending balance: Individually evaluated for impairment	206	848	206	848	687
Ending balance: Collectively evaluated for impairment	91,248	143,772	91,248	143,772	103,636
Consumer
Allowance for loan losses:
Beginning balance	53	137	47	138
(Credit to) provision for loan losses	41	205	61	191
Loans charged-off	(38)	(6)	(61)	(9)
Recoveries	17	7	26	23
Ending balance	73	343	73	343
Allowance for loan losses:
Ending balance: Collectively evaluated for impairment	73	343	73	343	47
Loan receivables:
Ending balance	20,609	21,496	20,609	21,496	19,812
Ending balance: Individually evaluated for impairment	160	468	160	468	317
Ending balance: Collectively evaluated for impairment	20,449	$ 21,028	20,449	$ 21,028	19,495
Consumer | Indirect automobile
Loan receivables:
Ending balance	$ 434,579		$ 434,579		$ 382,088

Loans and Allowance for Loan _8

Loans and Allowance for Loan Losses (Narrative) (Details) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022 USD ($) loan	Dec. 31, 2021 USD ($) loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of loans default | loan	3	3
Amount of loan	$ 1,368	$ 1,440
Number of new loans default | loan	0	0
Loans and Leases Receivable, Impaired, Commitment to Lend	$ 0	$ 0
Aggregate balances of loans serviced to participants	7,779	3,962
Amount of consumer mortgages and loans secured by residential real estate properties in process of foreclosure	649	935
Aggregate balances of loans serviced to third party	310,670	314,953
Balance of capitalized servicing rights	2,598	2,633
Mortgage Servicing Rights (MSR) Impairment (Recovery)	0	0
Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Unpaid principal balances of loans held for sale	$ 2,232	$ 3,950

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Schedule of changes in the carrying value of goodwill) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Goodwill and Intangible Assets
Beginning balance	$ 2,235	$ 1,410
Acquisition activity		825
Ending balance	2,235	2,235
Accumulated impairment	1,116	1,116
Impairment loss on goodwill	$ 0	$ 0

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets (Schedule of changes in the carrying value of customer list and core deposit intangibles) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Finite-lived Intangible Assets [Roll Forward]
Beginning balance			$ 433	$ 199	$ 199
Acquisition activity					330
Amortization	$ (24)	$ (29)	(51)	$ (42)	(96)
Ending balance	382		382		433
Accumulated amortization and impairment	$ 895		$ 895		$ 844

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Goodwill and Intangible Assets
Amortization of Intangible Assets	$ 24	$ 29	$ 51	$ 42	$ 96
Useful life of purchased customer accounts			13 years

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets (Schedule of future amortization expense for amortizable intangible assets) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets
2022	$ 48
2023	88
2024	79
2025	60
2026	29
Thereafter	78
Total	$ 382	$ 433	$ 199

Premises and Equipment (Schedul

Premises and Equipment (Schedule of premises and equipment) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Total	$ 45,810	$ 45,151
Less accumulated depreciation	(26,743)	(25,968)
Net	19,067	19,183
Land
Property, Plant and Equipment [Line Items]
Total	3,732	3,732
Buildings and improvements
Property, Plant and Equipment [Line Items]
Total	27,376	27,151
Furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Total	14,447	14,107
Construction in progress
Property, Plant and Equipment [Line Items]
Total	$ 255	$ 161

Deposits (Schedule of deposits)

Deposits (Schedule of deposits) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Deposits
Non-interest bearing demand deposits	$ 304,314	$ 314,814
Interest bearing accounts:
NOW	162,418	158,615
Savings	192,812	182,564
Money market	319,923	289,107
Time certificates of deposit	132,962	156,899
Total interest bearing accounts	808,115	787,185
Total deposits	$ 1,112,429	$ 1,101,999

Deposits (Schedule of contractu

Deposits (Schedule of contractual maturities of time certificates of deposit) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Deposits
Within 1 year	$ 103,095
1 - 2 years	16,121
2 - 3 years	6,656
3 - 4 years	4,875
4 - 5 years	2,215
Total	$ 132,962	$ 156,899

Deposits (Narrative) (Details)

Deposits (Narrative) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Deposits [Line Items]
Reciprocal deposits	$ 16,120	$ 21,083
Time certificates of deposit in denominations of $250 or greater	$ 17,476	$ 23,704
Maximum
Deposits [Line Items]
Maturity terms	3 years
Minimum
Deposits [Line Items]
Maturity terms	1 year

Long-Term Debt and FHLB Stock_2

Long-Term Debt and FHLB Stock (Schedule of outstanding principal amounts and related terms of FHLBNY borrowings) (Details) - Federal Home Loan Bank of New York ("FHLBNY") $ in Thousands	Jun. 30, 2022 USD ($)
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Principal amount	$ 23,806
Rate	1.32%
Due in one year	$ 23,806
3 year amortizing on February 28, 2023
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Principal amount	$ 3,806
Rate	1.32%
Due in one year	$ 3,806
Fixed short-term on July 1, 2022
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Principal amount	$ 20,000
Rate	1.32%
Due in one year	$ 20,000

Long-Term Debt and FHLB Stock_3

Long-Term Debt and FHLB Stock (Narrative) (Details) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022 USD ($) subsidiary $ / shares	Dec. 31, 2021 USD ($) $ / shares	Dec. 31, 2005 USD ($) $ / shares shares
Long-Term Debt And Federal Home Loan Bank [Line Items]
Total assets	$ 1,292,810	$ 1,281,166
Number Of Wholly Owned Subsidiaries | subsidiary	1
Common stock, par value (in dollars per share) | $ / shares	$ 0.01	$ 0.01
Zions Bank
Long-Term Debt And Federal Home Loan Bank [Line Items]
Line of credit, maximum borrowing capacity	$ 10,000	$ 10,000
Line of credit facility, maximum amount outstanding during period	0	0
Pacific Community Bankers Bank
Long-Term Debt And Federal Home Loan Bank [Line Items]
Line of credit, maximum borrowing capacity	50,000	50,000
Line of credit facility, maximum amount outstanding during period	$ 0	$ 0
Subordinated Debt.
Long-Term Debt And Federal Home Loan Bank [Line Items]
Interest rate, variable rate basis	three month LIBOR
Interest rate	3.50%	2.16%
Subordinated debt securities	$ 5,155
Stated maturity date	May 23, 2035
Subordinated Debt. | LIBOR
Long-Term Debt And Federal Home Loan Bank [Line Items]
Interest LIBOR rate	2%
Subordinated Debt. | RSB Capital Trust I
Long-Term Debt And Federal Home Loan Bank [Line Items]
Trust term	30 years
Subordinated Debt. | Private placement | RSB Capital Trust I
Long-Term Debt And Federal Home Loan Bank [Line Items]
Number of preferred securities issued			$ 5,000
Common stock issued | shares			155
Common stock, par value (in dollars per share) | $ / shares			$ 1
Federal Home Loan Bank of New York ("FHLBNY")
Long-Term Debt And Federal Home Loan Bank [Line Items]
Line of credit, maximum borrowing capacity	$ 646,306	$ 640,500
Federal Home Loan Bank of New York ("FHLBNY") | Investment in Federal Home Loan Bank Stock [Member]
Long-Term Debt And Federal Home Loan Bank [Line Items]
Asset Impairment Charges	0	0
Federal Home Loan Bank of New York ("FHLBNY") | Asset Pledged as Collateral [Member] | Federal Home Loan Bank Advances [Member]
Long-Term Debt And Federal Home Loan Bank [Line Items]
Total assets	$ 165,430	$ 170,385

Employee Benefits (Schedule of

Employee Benefits (Schedule of plan's funded status and amounts recognized in consolidated statement of financial condition) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Employee Benefits
Projected and accumulated benefit obligation	$ (18,899)	$ (23,055)
Plan assets at fair value	17,897	22,839
Funded status included in accrued expenses and other liabilities	$ (1,002)	$ (216)

Employee Benefits (Schedule o_2

Employee Benefits (Schedule of net periodic pension (benefit) cost and amounts recognized in other comprehensive income (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Employee Benefits
Interest cost	$ 317	$ 295
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Interest Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Noninterest Expense	Other Noninterest Expense
Expected return on plan assets	$ (503)	$ (472)
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Expected Return (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Noninterest Expense	Other Noninterest Expense
Amortization of unrecognized loss	$ 133	$ 179
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Amortization of Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Noninterest Expense	Other Noninterest Expense
Net periodic (benefit) cost	$ (53)	$ 2

Employee Benefits (Schedule o_3

Employee Benefits (Schedule of fair value of pension plan assets, by fair value hierarchy) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Defined Benefit Plan Disclosure [Line Items]
Plan assets at fair value	$ 17,897	$ 22,839
Defined Benefit Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Plan assets at fair value	17,897	22,839
Defined Benefit Pension Plan | Investment in separate accounts fixed income
Defined Benefit Plan Disclosure [Line Items]
Plan assets at fair value	12,609	15,689
Defined Benefit Pension Plan | Investment in separate accounts equity
Defined Benefit Plan Disclosure [Line Items]
Plan assets at fair value	5,288	7,150
Quoted Prices Active Markets for Identical Assets (Level 1) | Defined Benefit Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Plan assets at fair value	17,897	22,839
Quoted Prices Active Markets for Identical Assets (Level 1) | Defined Benefit Pension Plan | Investment in separate accounts fixed income
Defined Benefit Plan Disclosure [Line Items]
Plan assets at fair value	12,609	15,689
Quoted Prices Active Markets for Identical Assets (Level 1) | Defined Benefit Pension Plan | Investment in separate accounts equity
Defined Benefit Plan Disclosure [Line Items]
Plan assets at fair value	$ 5,288	$ 7,150

Employee Benefits (Employee Sto

Employee Benefits (Employee Stock Ownership Plan (ESOP) Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands		1 Months Ended	6 Months Ended
	Jan. 01, 2022	Jan. 16, 2019	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Number of share purchase under ESOP			435,173		435,173
Committed to be allocated			10,908		21,821
Compensation expense			$ 111	$ 109
Employee Stock Ownership Plan (ESOP)
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Number of share purchase under ESOP		436,425
Common stock price per share		$ 10
Terms of repurchase share under ESOP		20 years
Interest rate	3.25%
Balance of ESOP loan			$ 3,917
Committed to be allocated			21,821
Fair value of unallocated shares			$ 3,330
Compensation expense			$ 111	$ 109

Employee Benefits (Schedule o_4

Employee Benefits (Schedule of employee stock ownership plan) (Details) - shares	Jun. 30, 2022	Dec. 31, 2021
Employee Benefits
Allocated	65,463	43,642
Committed to be allocated	10,908	21,821
Unallocated	360,054	370,962
Paid out to participants	(1,252)	(1,252)
Total shares	435,173	435,173

Employee Benefits (Share-Based

Employee Benefits (Share-Based Compensation Plan Narrative) (Details) - 2020 EIP - USD ($) $ in Thousands		6 Months Ended
	May 26, 2020	Jun. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized	763,743
Vesting period	3 years
Maximum term	10 years
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized	545,531
Percentage of shares of common stock issued	4.90%
Available for future grants		102,146
Aggregate intrinsic value of options exercisable		$ 1,154
Period for Recognition		1 year 2 months 1 day
Unrecognized compensation cost related to the nonvested restricted stock awards granted		$ 286
Restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized	218,212
Percentage of shares of common stock issued	1.96%
Available for future grants		49,110
Period for Recognition		1 year 1 month 24 days
Unrecognized compensation cost related to the nonvested restricted stock awards granted		$ 426
Allocated share-based compensation expense		$ 305

Employee Benefits (Narrative) (

Employee Benefits (Narrative) (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($) fund	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Schedule Of Employee Benefits [Line Items]
Number of investment funds | fund			10
Number of equity funds | fund			7
Number of fixed income funds | fund			2
Percentage of internal revenue contribution			25%
Percentage of internal revenue service limitations			6%
Employer contribution in defined contribution plan			$ 602	$ 527
Accrued expenses and other liabilities	$ 25,483		25,483		$ 20,872
Non-interest expense	9,485	$ 8,876	18,590	16,829
Group Term Replacement Plan
Schedule Of Employee Benefits [Line Items]
Liability related to these postretirement benefits	1,447		1,447		1,423
Postemployment benefit expense			24	21
Other Director and Officer Postretirement Benefits
Schedule Of Employee Benefits [Line Items]
Non-interest expense			42	37
Liability related to these postretirement benefits	2,007		2,007		1,986
Officers | Executive Plan
Schedule Of Employee Benefits [Line Items]
Accrued expenses and other liabilities	1,590		1,590		1,545
Non-interest expense			383	229
Directors' Plan | Directors
Schedule Of Employee Benefits [Line Items]
Accrued expenses and other liabilities	$ 2,615		2,615		$ 2,877
Non-interest expense			$ 114	$ 71
Minimum | Other Director and Officer Postretirement Benefits
Schedule Of Employee Benefits [Line Items]
Post retirement benefit period			15 years
Minimum | Officers | Executive Plan
Schedule Of Employee Benefits [Line Items]
Terms of services			1 year
Maximum | Other Director and Officer Postretirement Benefits
Schedule Of Employee Benefits [Line Items]
Post retirement benefit period			20 years
Maximum | Officers | Executive Plan
Schedule Of Employee Benefits [Line Items]
Terms of services			5 years

Employee Benefits (Summary of o

Employee Benefits (Summary of options) (Details) - 2020 EIP - Stock options - $ / shares	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Number of Shares
Options outstanding at beginning of year	439,596
Options Expired	(1,666)
Options outstanding at end of period	437,930	439,596
Options exercisable at end of period	142,331
Weighted - Average Exercise Price
Weighted - Average Exercise Price, beginning of year	$ 6.62
Weighted - Average Exercise Price, expired	6.57
Weighted - Average Exercise Price, end of period	6.62	$ 6.62
Weighted - Average Exercise Price, exercisable	$ 6.62
Weighted-Average Contractual Term
Weighted-Average Contractual Term, outstanding	8 years 2 months 1 day	8 years 7 months 17 days
Weighted-Average Contractual Term, exercisable	8 years 2 months 1 day

Employee Benefits (Summary of C

Employee Benefits (Summary of Company's restricted stock activity) (Details) - Restricted stock	Jun. 30, 2022 $ / shares shares
Number of Shares
Balance at beginning of period (in shares) | shares	112,520
Balance at end of period (in shares) | shares	112,520
Weighted-Average Grant Date Fair Value per Share
Balance at beginning of period (in dollars per share) | $ / shares	$ 6.57
Balance at end of period (in dollars per share) | $ / shares	$ 6.57

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2022 USD ($) item	Jun. 30, 2021 USD ($)	Dec. 31, 2021 USD ($)
Leases
Number of leased branch offices | item	8
Number of leased administrative offices | item	2
Weighted average remaining life of the lease terms	11 years 7 months 6 days		12 years
Weighted average discount rate	2.52%		2.51%
Operating lease costs	$ 397	$ 344
Deferred rent liability	127		$ 145
Operating lease right-of-use asset	$ 7,512		$ 7,839
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other Assets.		Other Assets.
Operating lease liability	$ 7,512		$ 7,839
Operating Lease, Liability, Statement of Financial Position [Extensible List]	Accrued Liabilities and Other Liabilities		Accrued Liabilities and Other Liabilities

Leases - Future minimum payment

Leases - Future minimum payments for operating leases (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Leases
2022	$ 427
2023	854
2024	857
2025	833
2026	728
Thereafter	5,070
Total future minimum lease payments	8,769
Amounts representing interest	(1,257)
Present Value of Net Future Minimum Lease Payments	$ 7,512	$ 7,839

Commitments and Contingencies_3

Commitments and Contingencies and Derivatives (Schedule of contract amounts represent off-balance sheet credit risk) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Asset	$ 138,486	$ 115,078
Future loan commitments
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Asset	8,748	6,830
Undisbursed construction loans
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Asset	19,524	15,191
Undisbursed home equity lines of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Asset	10,326	11,048
Undisbursed commercial and other line of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Asset	96,186	78,941
Standby letters of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Asset	$ 3,702	$ 3,068

Commitments and Contingencies_4

Commitments and Contingencies and Derivatives (Schedule of information regarding derivatives) (Details) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022 USD ($) contract	Dec. 31, 2021 USD ($) contract
Derivative [Line Items]
Accrued interest receivable	$ 3,298	$ 3,366
Interest rate swap
Derivative [Line Items]
Notional amount	31,173	26,842
Fair value	$ 2,505	$ 644
Weighted average pay rates	3.94%	3.69%
Weighted average receive rates	2.90%	2.26%
Weighted average maturity (in years)	9 years 6 months 29 days	9 years 9 months 10 days
Number of Contracts | contract	8	7
Interest rate swap | Other assets
Derivative [Line Items]
Accrued interest receivable	$ 7	$ 12
Interest rate swap | Other liabilities
Derivative [Line Items]
Accrued interest payable	$ 7	$ 12

Regulatory Matters (Schedule of

Regulatory Matters (Schedule of actual capital amounts and ratios) (Details) - Rhinebeck Bank $ in Thousands	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total capital (to risk-weighted assets) Actual Amount	$ 135,879	$ 130,217
Total capital (to risk-weighted assets) Actual Ratio	12.71	13.54
Total capital (to risk-weighted assets) For Capital Adequacy Purposes Amount	$ 85,495	$ 76,917
Total capital (to risk-weighted assets) For Capital Adequacy Purposes Ratio	8	8
Total capital (to risk-weighted assets) To be Well Capitalized under Prompt Corrective Action Provisions Amount	$ 106,869	$ 96,146
Total capital (to risk-weighted assets) To be Well Capitalized under Prompt Corrective Action Provisions Ratio	10	10
Tier 1 capital (to risk-weighted assets) Actual Amount	$ 127,710	$ 122,658
Tier 1 capital (to risk-weighted assets) Actual Ratio	11.95	12.76
Tier 1 capital (to risk-weighted assets) For Capital Adequacy Purposes Amount	$ 64,122	$ 57,687
Tier 1 capital (to risk-weighted assets) For Capital Adequacy Purposes Ratio	6	6
Tier 1 capital (to risk-weighted assets) To be Well Capitalized under Prompt Corrective Action Provisions Amount	$ 85,495	$ 76,917
Tier 1 capital (to risk-weighted assets) To be Well Capitalized under Prompt Corrective Action Provisions Ratio	8	8
Common equity tier one capital (to risk weighted assets) Actual Amount	$ 127,710	$ 122,658
Common equity tier one capital (to risk weighted assets) Actual Ratio	11.95	12.76
Common equity tier one capital (to risk weighted assets) For Capital Adequacy Purposes Amount	$ 48,091	$ 43,266
Common equity tier one capital (to risk weighted assets) For Capital Adequacy Purposes Ratio	4.50%	4.50%
Common equity tier one capital (to risk weighted assets) To be Well Capitalized under Prompt Corrective Action Provisions Amount	$ 69,465	$ 62,495
Common equity tier one capital (to risk weighted assets) To be Well Capitalized under Prompt Corrective Action Provisions Ratio	6.50%	6.50%
Tier 1 capital (to average assets) Actual Amount	$ 127,710	$ 122,658
Tier 1 capital (to average assets) Actual Ratio	9.80	9.65
Tier 1 capital (to average assets) For Capital Adequacy Purposes Amount	$ 52,109	$ 50,865
Tier 1 capital (to average assets) For Capital Adequacy Purposes Ratio	4	4
Tier 1 capital (to average assets) To be Well Capitalized under Prompt Corrective Action Provisions Amount	$ 65,137	$ 63,582
Tier 1 capital (to average assets) To be Well Capitalized under Prompt Corrective Action Provisions Ratio	5	5

Fair Value (Schedule of assets

Fair Value (Schedule of assets carried at fair value on a recurring basis) (Details) - Recurring basis - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	$ 248,133	$ 280,927
Total liabilities	2,505	644
U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	38,258	59,825
U.S. government agency mortgage-backed securities-residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	165,206	176,491
U.S. government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	23,302	24,722
Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	4,882	6,851
Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	13,133	11,752
Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	847	642
Unrealized gains (losses) on available for sale securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	245,628	280,283
Loan level interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	2,505	644
Total liabilities	2,505	644
Quoted Prices Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	38,258	59,825
Quoted Prices Active Markets for Identical Assets (Level 1) | U.S. Treasury securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	38,258	59,825
Quoted Prices Active Markets for Identical Assets (Level 1) | Unrealized gains (losses) on available for sale securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	38,258	59,825
Significant Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	209,730	220,957
Total liabilities	2,505	644
Significant Observable Inputs (Level 2) | U.S. government agency mortgage-backed securities-residential
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	165,206	176,491
Significant Observable Inputs (Level 2) | U.S. government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	23,302	24,722
Significant Observable Inputs (Level 2) | Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	4,737	6,706
Significant Observable Inputs (Level 2) | Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	13,133	11,752
Significant Observable Inputs (Level 2) | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	847	642
Significant Observable Inputs (Level 2) | Unrealized gains (losses) on available for sale securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	207,225	220,313
Significant Observable Inputs (Level 2) | Loan level interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	2,505	644
Total liabilities	2,505	644
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	145	145
Significant Unobservable Inputs (Level 3) | Municipal securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	145	145
Significant Unobservable Inputs (Level 3) | Unrealized gains (losses) on available for sale securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	$ 145	$ 145

Fair Value (Schedule of asset_2

Fair Value (Schedule of assets carried at fair value and measured at fair value on a nonrecurring basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans, recorded investments	$ 233	$ 389
Related Allowance	37	68
Nonrecurring basis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held at fair value	196	321
Nonrecurring basis | Impaired loans, with specific reserves
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held at fair value	196	321
Impaired loans, recorded investments	233	389
Related Allowance	37	68
Nonrecurring basis | Quoted Prices Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held at fair value	0	0
Nonrecurring basis | Quoted Prices Active Markets for Identical Assets (Level 1) | Impaired loans, with specific reserves
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held at fair value	0	0
Nonrecurring basis | Significant Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held at fair value	0	0
Nonrecurring basis | Significant Observable Inputs (Level 2) | Impaired loans, with specific reserves
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held at fair value	0	0
Nonrecurring basis | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held at fair value	196	321
Nonrecurring basis | Significant Unobservable Inputs (Level 3) | Impaired loans, with specific reserves
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets held at fair value	$ 196	$ 321

Fair Value (Schedule of additio

Fair Value (Schedule of additional quantitative information about assets measured at fair value on a nonrecurring basis) (Details) - Nonrecurring basis $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets held at fair value	$ 196	$ 321
Significant Unobservable Inputs (Level 3)
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets held at fair value	$ 196	$ 321
Impaired Loans, Valuation Technique [Extensible List]	Appraisal of collateral	Appraisal of collateral
Significant Unobservable Inputs (Level 3) | Impaired loans
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Assets held at fair value	$ 196	$ 321
Significant Unobservable Inputs (Level 3) | Appraisal of collateral | Liquidation expenses | Minimum | Impaired loans
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans, unobservable input (in percent)	0	0
Significant Unobservable Inputs (Level 3) | Appraisal of collateral | Liquidation expenses | Maximum | Impaired loans
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans, unobservable input (in percent)	0.06	0.06
Significant Unobservable Inputs (Level 3) | Appraisal of collateral | Appraisal adjustments | Minimum | Impaired loans
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans, unobservable input (in percent)	0	0
Significant Unobservable Inputs (Level 3) | Appraisal of collateral | Appraisal adjustments | Maximum | Impaired loans
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Impaired loans, unobservable input (in percent)	0.20	0.20

Fair Value (Schedule of carryin

Fair Value (Schedule of carrying value and fair values of the financial instruments) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Quoted Prices Active Markets for Identical Assets (Level 1) | Carrying Value
Financial Assets:
Cash and due from banks	$ 39,922	$ 72,091
Available for sale securities	38,258	59,825
Quoted Prices Active Markets for Identical Assets (Level 1) | Fair Value
Financial Assets:
Cash and due from banks	39,922	72,091
Available for sale securities	38,258	59,825
Significant Observable Inputs (Level 2) | Carrying Value
Financial Assets:
Available for sale securities	207,225	220,313
Loan level interest rate swaps	2,505	644
FHLB stock	1,731	1,322
Financial Liabilities:
Deposits	1,112,429	1,101,999
Mortgagors escrow accounts	12,596	9,130
FHLB advances	23,806	18,041
Subordinated debt	5,155	5,155
Loan level interest rate swaps	2,505	644
Significant Observable Inputs (Level 2) | Fair Value
Financial Assets:
Available for sale securities	207,225	220,313
Loan level interest rate swaps	2,505	644
FHLB stock	1,731	1,322
Financial Liabilities:
Deposits	985,761	1,083,541
Mortgagors escrow accounts	12,598	9,137
FHLB advances	23,779	18,151
Subordinated debt	5,155	5,155
Loan level interest rate swaps	2,505	644
Significant Unobservable Inputs (Level 3) | Carrying Value
Financial Assets:
Available for sale securities	145	145
Loans, net	927,188	854,967
Mortgage servicing rights	2,598	2,633
Significant Unobservable Inputs (Level 3) | Fair Value
Financial Assets:
Available for sale securities	145	145
Loans, net	911,405	855,542
Mortgage servicing rights	$ 5,974	$ 4,892

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Schedule of accumulated other comprehensive loss activity) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		15 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	$ 117,293	$ 118,856	$ 125,969	$ 116,499	$ 118,856
Balance	113,341	121,862	$ 113,341	$ 121,862	$ 113,341
Income tax rate			21%	21%	21%
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(17,574)	(4,960)	$ (6,635)	$ (3,791)	$ (4,960)
Other comprehensive loss before reclassifications	(6,421)	159	(17,360)	(1,082)
Amounts reclassified from accumulated other comprehensive loss	234	70	234	142
Period change	(6,187)	229	(17,126)	(940)
Balance	(23,761)	(4,731)	(23,761)	(4,731)	(23,761)
Defined Benefit Pension Plan
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(3,901)	(4,783)	(3,901)	(4,784)	(4,783)
Other comprehensive loss before reclassifications	(768)	108	(768)	37
Amounts reclassified from accumulated other comprehensive loss	106	70	106	142
Period change	(662)	178	(662)	179
Balance	(4,563)	(4,605)	(4,563)	(4,605)	(4,563)
Unrealized (losses) gains on available for sale securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(13,673)	(177)	(2,734)	993	(177)
Other comprehensive loss before reclassifications	(5,653)	51	(16,592)	(1,119)
Amounts reclassified from accumulated other comprehensive loss	128		128
Period change	(5,525)	51	(16,464)	(1,119)
Balance	$ (19,198)	$ (126)	$ (19,198)	$ (126)	$ (19,198)

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2022	Mar. 31, 2022	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2022	Jun. 30, 2021
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net income applicable to common stock	$ 2,029	$ 2,053	$ 2,565	$ 3,321	$ 4,082	$ 5,886
Average number of common shares outstanding	11,183,583		11,133,290		11,183,583	11,133,290
Less: Average unearned ESOP shares	362,781		384,602		365,508	387,329
Average number of common shares outstanding used to calculate basic earnings per common share	10,820,802		10,748,688		10,818,075	10,745,961
Weighted-average common shares and common stock equivalents used to calculate diluted earnings per share	10,992,428		10,928,343		11,001,460	10,902,916
Earnings per Common share:
Basic (in dollars per share)	$ 0.19		$ 0.24		$ 0.38	$ 0.55
Diluted (in dollars per share)	$ 0.18		$ 0.23		$ 0.37	$ 0.54
Non vested Stock
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Additional common stock equivalents used to calculate diluted earnings per share	64,017		76,029		62,016	69,064
Stock options
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Additional common stock equivalents used to calculate diluted earnings per share	107,609		103,626		121,369	87,891