Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Cash Flows from Operating Activities:
Net income	$ 22,649	$ 18,105
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	321	282
Provision for loan losses	2,050	1,200
Increase in value of bank-owned life insurance	(450)	(458)
Gain on sale of SBA loans	(116)	(227)
SBA loans originated for sale	(898)	(3,579)
Proceeds from sale of SBA loans originated for sale	1,285	3,130
Net loss on sale and valuation adjustments of OREO	147	359
Net accretion of purchase premiums and discounts on securities	25	38
Stock based compensation	135	67
Net changes in:
Decrease in accrued interest receivable and other assets	(468)	(1,056)
Increase in accrued interest payable and other accrued liabilities	550	989
Net cash provided by operating activities	25,230	18,850
Cash Flows from Investing Activities:
Repayments and maturities of investment securities available for sale	4,004	4,275
Repayments and maturities of investment securities held to maturity	0	1,205
Net increase in loans	(137,387)	(169,004)
Purchases of bank premises and equipment	(302)	(131)
Proceeds from sale of OREO, net	1,450	2,932
Redemption (purchase) of restricted stock	(232)	314
Net cash used in investing activities	(132,467)	(160,409)
Cash Flows from Financing Activities:
Cash dividends	(4,759)	(3,906)
Proceeds from exercise of stock options	48	43
Capital contribution from non-controlling interest	0	1,225
Net decrease in FHLBNY and short-term borrowings	0	(10,000)
Net increase (decrease) in noninterest-bearing deposits	(30,973)	111,674
Net increase in interest-bearing deposits	140,148	87,145
Other	(18)	0
Net cash provided by financing activities	104,446	186,181
Net (decrease) increase in cash and cash equivalents	(2,791)	44,622
Cash and cash equivalents at beginning of period	154,471	42,113
Cash and cash equivalents at end of period	151,680	86,735
Supplemental Disclosure of Cash Flow Information:
Interest paid	15,734	9,014
Income taxes paid	7,608	5,754
Non-cash Investing and Financing Items
Loans transferred to OREO	2,323	1,057
Establishment of lease liability and right-of-use asset	$ 2,785	$ 0