Nice bike! You're going to brutalize yourself with that saddle and stem adjustment. The saddle should be parallel to the ground; fore/aft and height look about right but perhaps need slight adjustment. The handlebars should be much lower (unless you have a bad back) for better comfort and control; it's possible to snap the stem that high up which would make for a very bad day. If you leave it as is, replace the saddle with a wider cruiser style that has a shorter nose and perhaps replace stem with one made for high rise. I'd also take off the lawyer reflectors, more annoying than useful. IMHO