FAIR VALUE OF FINANCIAL INSTRUMENTS (Carrying Amount and Estimated Fair Values of Financial Instruments) (Details) - USD ($)
$ in Thousands |
Dec. 31, 2021 |
Dec. 31, 2020 |
| Financial assets: |
|
|
| Securities available for sale |
$ 566,624
|
$ 266,096
|
| Securities held to maturity |
380,100
|
2,800
|
| Other investments |
|
|
| FRB Stock |
7,400
|
7,400
|
| FHLB Stock |
3,100
|
2,700
|
| Financial liabilities: |
|
|
| Noninterest-bearing demand deposits |
3,668,673
|
1,726,135
|
| Time deposits |
78,986
|
92,062
|
| Federal Home Loan Bank of New York advances |
0
|
0
|
| Carrying Amount |
|
|
| Financial assets: |
|
|
| Cash and due from banks |
28,864
|
8,692
|
| Overnight deposits |
2,330,486
|
855,613
|
| Securities held to maturity |
382,099
|
2,760
|
| Loans, net |
3,697,200
|
3,101,646
|
| Other investments |
|
|
| FRB Stock |
7,430
|
7,381
|
| FHLB Stock |
3,070
|
2,718
|
| Disability Fund |
1,000
|
1,000
|
| Time deposits at banks |
498
|
|
| CRA - CD |
|
498
|
| Receivables from prepaid card programs, net |
39,864
|
27,259
|
| Accrued interest receivable |
15,195
|
13,249
|
| Financial liabilities: |
|
|
| Noninterest-bearing demand deposits |
3,668,673
|
1,726,135
|
| Money market and savings deposits |
2,687,913
|
2,011,409
|
| Time deposits |
78,986
|
92,062
|
| Trust preferred securities payable |
20,620
|
20,620
|
| Subordinated debt, net of issuance cost |
24,712
|
24,657
|
| Prepaid debit cardholder balances |
8,847
|
15,830
|
| Accrued interest payable |
746
|
712
|
| Secured Borrowings |
32,461
|
36,964
|
| Total Fair Value |
|
|
| Financial assets: |
|
|
| Cash and due from banks |
28,864
|
8,692
|
| Overnight deposits |
2,330,486
|
855,613
|
| Securities held to maturity |
380,108
|
2,827
|
| Loans, net |
3,721,619
|
3,094,998
|
| Other investments |
|
|
| Disability Fund |
1,000
|
1,000
|
| Time deposits at banks |
498
|
|
| CRA - CD |
|
498
|
| Receivables from prepaid card programs, net |
39,864
|
27,259
|
| Accrued interest receivable |
15,195
|
13,249
|
| Financial liabilities: |
|
|
| Noninterest-bearing demand deposits |
3,668,673
|
1,726,135
|
| Money market and savings deposits |
2,687,913
|
2,011,409
|
| Time deposits |
79,187
|
93,157
|
| Trust preferred securities payable |
19,997
|
20,001
|
| Subordinated debt, net of issuance cost |
25,125
|
25,375
|
| Prepaid debit cardholder balances |
8,847
|
15,830
|
| Accrued interest payable |
746
|
712
|
| Secured Borrowings |
32,507
|
36,964
|
| Fair Value, Inputs, Level 1 |
|
|
| Financial assets: |
|
|
| Cash and due from banks |
28,864
|
8,692
|
| Overnight deposits |
2,330,486
|
855,613
|
| Other investments |
|
|
| Time deposits at banks |
498
|
|
| CRA - CD |
|
498
|
| Financial liabilities: |
|
|
| Noninterest-bearing demand deposits |
3,668,673
|
1,726,135
|
| Money market and savings deposits |
2,687,913
|
2,011,409
|
| Accrued interest payable |
5
|
7
|
| Fair Value, Inputs, Level 2 |
|
|
| Financial assets: |
|
|
| Securities held to maturity |
380,108
|
2,827
|
| Other investments |
|
|
| Disability Fund |
1,000
|
1,000
|
| Accrued interest receivable |
892
|
414
|
| Financial liabilities: |
|
|
| Time deposits |
79,187
|
93,157
|
| Subordinated debt, net of issuance cost |
25,125
|
25,375
|
| Accrued interest payable |
633
|
591
|
| Secured Borrowings |
32,507
|
36,964
|
| Fair Value, Inputs, Level 3 |
|
|
| Financial assets: |
|
|
| Loans, net |
3,721,619
|
3,094,998
|
| Other investments |
|
|
| Receivables from prepaid card programs, net |
39,864
|
27,259
|
| Accrued interest receivable |
14,303
|
12,835
|
| Financial liabilities: |
|
|
| Trust preferred securities payable |
19,997
|
20,001
|
| Prepaid debit cardholder balances |
8,847
|
15,830
|
| Accrued interest payable |
$ 108
|
$ 114
|