Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash Flows from Operating Activities:
Net income	$ 18,105	$ 11,299
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of premises and equipment	282	229
Provision for loan losses	1,200	2,000
Increase in value of bank-owned life insurance	(458)	(489)
Gain on sale of SBA loans	(227)	(435)
SBA loans originated for sale	(3,579)	(5,189)
Proceeds from sale of SBA loans originated for sale	3,130	4,274
Loss on sale of OREO and valuation adjustments	359	1,352
Net accretion of purchase premiums and discounts on securities	38	51
Stock based compensation	67	54
Deferred income tax benefit	0	576
Net changes in:
Increase in accrued interest receivable and other assets	(1,056)	(2,471)
Increase in accrued interest payable and other accrued liabilities	989	219
Net cash provided by operating activities	18,850	11,470
Cash Flows from Investing Activities:
Proceeds from sale and call of investment securities	1,205	0
Proceeds from maturities and principal payments on mortgage backed securities	4,275	4,873
Net increase in loans	(169,004)	(103,263)
Purchases of bank premises and equipment	(131)	(2,090)
Sale of OREO, net	2,932	1,820
Redemptions (purchases) of restricted stock	314	(839)
Net cash used in investing activities	(160,409)	(99,499)
Cash Flows from Financing Activities:
Cash dividend payment	(3,906)	(3,178)
Proceeds from exercise of stock options	43	1,080
Capital contribution (withdrawal) from non-controlling interest	1,225	(53)
Net (decrease) increase in FHLBNY and short-term borrowings	(10,000)	20,000
Net increase (decrease) in noninterest-bearing deposits	111,674	7,590
Net increase in interest-bearing deposits	87,145	47,267
Net cash provided by financing activities	186,181	72,706
Net increase (decrease) in cash and cash equivalents	44,622	(15,323)
Cash and Cash Equivalents, January 1,	42,113	70,720
Cash and Cash Equivalents, September 30,	86,735	55,397
Cash paid during the year for:
Interest on deposits and borrowed funds	9,014	5,841
Income taxes	5,754	5,654
Non-cash Investing and Financing Items
Loans transferred to OREO	$ 1,057	$ 131