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CONSOLIDATED INCOME STATEMENTS - UNAUDITED - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest income:    
Loans $ 54,884 $ 53,835
Securities 6,997 6,165
FHLB stock, fed funds sold and interest-bearing deposits 457 544
Total interest income 62,338 60,544
Interest expense:    
Deposits 14,646 15,448
Borrowings 2,824 4,049
Total interest expense 17,470 19,497
Net interest income 44,868 41,047
Provision for credit losses 4,079 540
Net interest income after provision for credit losses 40,789 40,507
Noninterest income:    
Revenue from contract with customers $ 7,762 $ 6,794
Type of Revenue [Extensible List] us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember us-gaap:InvestmentAdvisoryManagementAndAdministrativeServiceMember
Other income $ 2,913 $ 1,671
Total noninterest income 10,675 8,465
Noninterest expense:    
Compensation and benefits 19,857 18,902
Occupancy and depreciation 5,512 4,868
Professional services and marketing costs 1,754 2,004
Customer service costs 2,372 3,389
Other expenses 3,362 3,782
Total noninterest expense 32,857 32,945
Income before taxes on income 18,607 16,027
Taxes on income 5,396 4,768
Net income $ 13,211 $ 11,259
Net income per share:    
Basic $ 0.30 $ 0.25
Diluted $ 0.29 $ 0.25
Shares used in computation:    
Basic 44,669,661 44,540,865
Diluted 44,952,669 44,798,306