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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2018
USD ($)
$ / shares
shares
Dec. 31, 2017
USD ($)
$ / shares
shares
Interest income    
Interest and fees on loans $ 79,527 $ 66,799
Interest on investment securities 14,092 8,802
Interest on federal funds sold and due from banks 1,461 995
Total interest income 95,080 76,596
Interest expense    
Interest on interest-bearing transaction accounts 226 108
Interest on savings accounts 72 66
Interest on money market accounts 1,355 555
Interest on time accounts 542 576
Interest on FHLB and overnight borrowings 2 0
Interest on subordinated debentures 1,339 439
Total interest expense 3,536 1,744
Net interest income 91,544 74,852
Provision for loan losses 0 500
Net interest income after provision for loan losses 91,544 74,352
Non-interest income    
Earnings on bank-owned life Insurance 913 845
Dividends on FHLB stock 959 766
Gains (losses) on investment securities, net 876 (185)
Other income 1,642 1,039
Total non-interest income 10,139 8,268
Non-interest expense    
Salaries and related benefits 33,335 29,958
Occupancy and equipment 5,976 5,472
Depreciation and amortization 2,143 1,941
Federal Deposit Insurance Corporation insurance 756 666
Data processing 4,358 4,906
Professional services 3,317 2,858
Directors' expense 700 720
Information technology 1,023 769
Provision for losses on off-balance sheet commitments 0 57
Other expense 6,658 6,435
Total non-interest expense 58,266 53,782
Income before provision for income taxes 43,417 28,838
Provision for income taxes 10,795 12,862
Net income $ 32,622 $ 15,976
Net income per common share    
Basic (in dollars per share) | $ / shares [1] $ 2.35 $ 1.29
Diluted (in dollars per share) | $ / shares [1] $ 2.33 $ 1.27
Weighted average shares    
Basic (in shares) | shares [1] 13,864 12,392
Diluted (in shares) | shares [1] 14,029 12,545
Comprehensive income:    
Net income $ 32,622 $ 15,976
Other comprehensive (loss) income:    
Change in net unrealized gain or loss on available-for-sale securities (1,707) 3,671
Reclassification adjustment for losses on available-for-sale securities in net income 79 185
Net unrealized loss on securities transferred from available-for-sale to held-to-maturity (278) (3,036)
Amortization of net unrealized losses on securities transferred from available-for-sale to held-to-maturity 516 426
Subtotal (1,390) 1,246
Deferred tax (benefit) expense (412) 439
Other comprehensive (loss) income, net of tax (978) 807
Comprehensive income 31,644 16,783
Deposit Account    
Non-interest income    
Service charges on deposit accounts, wealth management and trust services, debit card interchange fees net, and merchant interchange fees net 1,891 1,784
Fiduciary and Trust    
Non-interest income    
Service charges on deposit accounts, wealth management and trust services, debit card interchange fees net, and merchant interchange fees net 1,919 2,090
Debit Card    
Non-interest income    
Service charges on deposit accounts, wealth management and trust services, debit card interchange fees net, and merchant interchange fees net 1,561 1,531
Merchant Interchange Fees, Net    
Non-interest income    
Service charges on deposit accounts, wealth management and trust services, debit card interchange fees net, and merchant interchange fees net $ 378 $ 398
[1] Share and per share data have been adjusted to reflect the two-for-one stock split effective November 27, 2018.