Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME [Abstract]    
Net income $ 31,979 $ 26,379
Unrealized gains (losses):    
Net change in unrealized gains (losses) on securities available for sale 4,834 (927)
Tax effect (1,012) 194
Net change in unrealized gains (losses) on securities available for sale, net of tax 3,822 (733)
Less: reclassification adjustments:    
Reclassification for gains included in net income 0 0
Tax effect 0 0
Reclassification for gains included in net income, net of tax 0 0
Other comprehensive income (loss), net of tax 3,822 (733)
Comprehensive income $ 35,801 $ 25,646