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CONSOLIDATED INCOME STATEMENTS - UNAUDITED - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Interest income:        
Loans $ 56,510 $ 43,535 $ 110,345 $ 82,506
Securities AFS 6,186 3,575 12,351 6,997
Fed funds sold, FHLB stock and deposits 612 1,388 1,156 2,314
Total interest income 63,308 48,498 123,852 91,817
Interest expense:        
Deposits 16,296 8,084 31,744 13,956
Borrowings 5,125 4,163 9,174 7,342
Total interest expense 21,421 12,247 40,918 21,298
Net interest income 41,887 36,251 82,934 70,519
Provision for loan losses 1,231 2,450 1,771 4,138
Net interest income after provision for loan losses 40,656 33,801 81,163 66,381
Noninterest income:        
Revenue from contract with customers $ 7,136 $ 7,088 $ 13,930 $ 14,269
Type of Revenue [Extensible List] us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember
Gain (loss) on sale of loans   $ (1,490)   $ (945)
Other income $ 1,995 1,386 $ 3,666 2,642
Total noninterest income 9,131 6,984 17,596 15,966
Noninterest expense:        
Compensation and benefits 17,333 16,645 36,235 33,814
Occupancy and depreciation 5,167 4,763 10,035 8,934
Professional services and marketing costs 2,024 1,820 4,028 4,309
Customer service costs 4,283 3,824 7,672 6,595
Other expenses 3,475 6,930 7,257 9,318
Total noninterest expense 32,282 33,982 65,227 62,970
Income before taxes on income 17,505 6,803 33,532 19,377
Taxes on income 5,095 1,657 9,863 5,255
Net income $ 12,410 $ 5,146 $ 23,669 $ 14,122
Net income per share:        
Basic $ 0.28 $ 0.13 $ 0.53 $ 0.36
Diluted $ 0.28 $ 0.12 $ 0.53 $ 0.35
Shares used to compute net income per share:        
Basic 44,625,673 40,820,006 44,583,503 39,704,834
Diluted 44,894,720 41,332,192 44,846,779 40,234,560