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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Dec. 31, 2019
Dec. 31, 2018
Sep. 30, 2017
Interest income:        
Loans receivable $ 43,043 $ 217,774 $ 189,869 $ 164,849
Debt securities available for sale and equity securities 5,074 30,938 25,338 17,163
Debt securities held to maturity 382 8,180 7,147 68
Federal funds and interest-earning deposits 103 594 1,175 308
Federal Home Loan Bank stock dividends 567 3,597 2,761 1,838
Total interest income 49,169 261,083 226,290 184,226
Interest expense:        
Deposits 7,631 61,551 39,523 25,581
Borrowings 4,609 27,161 22,733 18,865
Total interest expense 12,240 88,712 62,256 44,446
Net interest income 36,929 172,371 164,034 139,780
Provision for loan losses 3,400 4,224 6,677 6,426
Net interest income after provision for loan losses 33,529 168,147 157,357 133,354
Non-interest income:        
Bank-owned life insurance 1,089 5,846 5,208 4,936
Gain (loss) on securities transactions (60) 2,612 116 (1,689)
Change in fair value of equity securities 0 305 0 0
Gain (loss) on sale of loans 0 785 618 (380)
Other non-interest income 1,162 5,922 4,943 4,497
Total non-interest income 4,733 31,636 21,688 17,172
Non-interest expense:        
Compensation and employee benefits 15,624 84,256 77,226 62,993
Occupancy 3,382 16,180 14,547 13,315
Federal deposit insurance premiums 414 895 1,893 1,652
Advertising 1,408 3,932 4,137 4,078
Professional fees 398 5,913 4,619 1,354
Data processing 595 3,001 2,600 2,244
Charitable contribution to foundation 0 0 34,767 3,603
Merger-related expenses 0 2,755 0 0
Other non-interest expense 3,780 11,769 5,597 14,207
Total non-interest expense 25,601 128,701 145,386 103,446
Income before income tax expense 12,661 71,082 33,659 47,080
Income tax expense 8,983 16,365 10,923 16,008
Net income 3,678 $ 54,717 $ 22,736 31,072
Earnings per share - basic and diluted (in dollars per share)   $ 0.49 $ 0.20  
Weighted average shares outstanding - basic and diluted (in shares)   111,101,246 111,395,723  
Demand deposit account fees        
Non-interest income:        
Revenue 960 $ 4,478 $ 3,987 3,669
Title insurance fees        
Non-interest income:        
Revenue 1,017 4,981 4,297 4,163
Bank Servicing        
Non-interest income:        
Revenue $ 565 $ 6,707 $ 2,519 $ 1,976