BORROWINGS	6 Months Ended
Jun. 30, 2026
Advance from Federal Home Loan Bank [Abstract]
BORROWINGS	BORROWINGS Subordinated Debt On November 8, 2021, the Company completed a public offering of $85.0 million of aggregated principal amount of 3.25% Fixed-to-Floating Rate subordinated notes due 2031 (the "Notes"). The fixed rate period is defined from and including November 8, 2021 to, but excluding, November 15, 2026, or the date of earlier redemption. The floating rate period is defined from and including November 15, 2026 to, but excluding, November 15, 2031, or the date of earlier redemption. The floating rate per annum is equal to three-month term Secured Overnight Financing Rate ("SOFR") (the "benchmark rate") plus a spread of 230 basis points for each quarterly interest period during the floating rate period, provided however, that if the benchmark rate is less than zero, the benchmark rate shall be deemed to be zero. The subordinated notes will mature on November 15, 2031. The Company may, at its option, beginning with the interest payment date of November 15, 2026, and on any interest payment date thereafter, redeem the Notes, in whole or in part, from time to time, subject to obtaining prior approval of the Board of Governors of the Federal Reserve System (the "Federal Reserve Board") to the extent such approval is then required under the capital adequacy rules of the Federal Reserve Board, at a redemption price equal to 100% of the principal amount of the Notes being redeemed, plus accrued and unpaid interest to, but excluding, the date of redemption. As of June 30, 2026 and December 31, 2025, the subordinated debt was $63.8 million and $63.8 million, respectively. Interest expense on subordinated debt for the three months ended June 30, 2026 and June 30, 2025 was $0.5 million and $0.5 million, respectively. Interest expense on subordinated debt for the six months ended June 30, 2026 and June 30, 2025 was $1.1 million and $1.1 million, respectively. During the three and six months ended June 30, 2026 and June 30, 2025, the Company did not repurchase any subordinated notes. FHLBNY Advances and Other Borrowings FHLBNY advances are collateralized by the FHLBNY stock owned by the Bank plus a pledge of other eligible assets comprised of securities and mortgage loans. Assets are pledged as collateral for borrowing capacity. As of June 30, 2026, the value of the other eligible assets had an estimated market value net of haircut totaling $1.99 billion (comprised of securities of $459.1 million and mortgage loans of $1.53 billion). As of December 31, 2025, the value of the other eligible assets had an estimated market value net of haircut totaling $1.98 billion (comprised of securities of $318.4 million and mortgage loans of $1.66 billion). The fair value of assets pledged to the FHLBNY is required to be not less than 110% of the outstanding advances. As of June 30, 2026 and December 31, 2025, we had $5.9 million and $5.8 million, respectively, of FHLBNY advances through the 0% Development Advance Program that provides members with subsidized funding in the form of interest rate credits to assist in originating loans or purchasing loans or investments that meet one of the eligibility criteria. The Company pledged PACE assessments which qualified under the Climate Development Advance and therefore will receive interest rate credits and will not incur any interest expense related to the current outstanding advances. FHLBNY advances mature on June 24, 2027. For the three months ended June 30, 2026, and June 30, 2025, interest expense on FHLBNY advances was zero and $0.1 million, respectively. For the six months ended June 30, 2026, and June 30, 2025, interest expense on FHLBNY advances was zero and $0.7 million, respectively. In addition to FHLBNY advances, the Company uses other borrowings for short-term borrowing needs. Federal funds lines of credit are extended to the Company by non-affiliated banks with which a correspondent banking relationship exists. At June 30, 2026, and December 31, 2025 there was no outstanding balance related to federal funds purchased.

On November 8, 2021, the Company completed a public offering of $85.0 million of aggregated principal amount of 3.25% Fixed-to-Floating Rate subordinated notes due 2031 (the "Notes"). The fixed rate period is defined from and including November 8, 2021 to, but excluding, November 15, 2026, or the date of earlier redemption. The floating rate period is defined from and including November 15, 2026 to, but excluding, November 15, 2031, or the date of earlier redemption. The floating rate per annum is equal to three-month term Secured Overnight Financing Rate ("SOFR") (the "benchmark rate") plus a spread of 230 basis points for each quarterly interest period during the floating rate period, provided however, that if the benchmark rate is less than zero, the benchmark rate shall be deemed to be zero. The subordinated notes will mature on November 15, 2031.

The Company may, at its option, beginning with the interest payment date of November 15, 2026, and on any interest payment date thereafter, redeem the Notes, in whole or in part, from time to time, subject to obtaining prior approval of the Board of Governors of the Federal Reserve System (the "Federal Reserve Board") to the extent such approval is then required under the capital adequacy rules of the Federal Reserve Board, at a redemption price equal to 100% of the principal amount of the Notes being redeemed, plus accrued and unpaid interest to, but excluding, the date of redemption.

As of June 30, 2026 and December 31, 2025, the subordinated debt was $63.8 million and $63.8 million, respectively. Interest expense on subordinated debt for the three months ended June 30, 2026 and June 30, 2025 was $0.5 million and $0.5 million, respectively. Interest expense on subordinated debt for the six months ended June 30, 2026 and June 30, 2025 was $1.1 million and $1.1 million, respectively.

FHLBNY advances are collateralized by the FHLBNY stock owned by the Bank plus a pledge of other eligible assets comprised of securities and mortgage loans. Assets are pledged as collateral for borrowing capacity. As of June 30, 2026, the value of the other eligible assets had an estimated market value net of haircut totaling $1.99 billion (comprised of securities of $459.1 million and mortgage loans of $1.53 billion). As of December 31, 2025, the value of the other eligible assets had an estimated market value net of haircut totaling $1.98 billion (comprised of securities of $318.4 million and mortgage loans of $1.66 billion). The fair value of assets pledged to the FHLBNY is required to be not less than 110% of the outstanding advances. As of June 30, 2026 and December 31, 2025, we had $5.9 million and $5.8 million, respectively, of FHLBNY advances through the 0% Development Advance Program that provides members with subsidized funding in the form of interest rate credits to assist in originating loans or purchasing loans or investments that meet one of the eligibility criteria. The Company pledged PACE assessments which qualified under the Climate Development Advance and therefore will receive interest rate credits and will not incur any interest expense related to the current outstanding advances. FHLBNY advances mature on June 24, 2027. For the three months ended June 30, 2026, and June 30, 2025, interest expense on FHLBNY advances was zero and $0.1 million, respectively. For the six months ended June 30, 2026, and June 30, 2025, interest expense on FHLBNY advances was zero and $0.7 million, respectively.