Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Interest income
Loans	$ 20,888	$ 19,848	$ 42,493	$ 42,047
Securities held-to-maturity	14,113	15,222	27,230	30,515
Securities available-for-sale	557	982	1,187	2,675
Federal funds sold and interest-bearing deposits in other banks	112	68	291	678
Total interest income	35,670	36,120	71,201	75,915
Interest expense
Savings and NOW deposits	753	2,118	1,871	5,843
Money market accounts	2,489	3,462	5,375	9,034
Time deposits	1,115	3,111	2,696	6,283
Securities sold under agreements to repurchase	98	309	239	935
Other borrowed funds and subordinated debentures	1,224	1,302	2,462	2,801
Total interest expense	5,679	10,302	12,643	24,896
Net interest income	29,991	25,818	58,558	51,019
(Credit) provision for loan losses		1,700	(550)	2,775
Net interest income after (credit) provision for loan losses	29,991	24,118	59,108	48,244
Other operating income
Service charges on deposit accounts	2,171	2,023	4,389	4,319
Lockbox fees	966	924	1,962	1,854
Other income	969	1,094	1,958	2,178
Total other operating income	4,106	4,041	8,309	8,351
Operating expenses
Salaries and employee benefits	12,302	10,287	24,552	21,658
Occupancy	1,591	1,456	3,293	2,971
Equipment	931	962	1,880	1,799
FDIC Assessments	757	310	1,229	310
Other	5,431	4,027	10,929	8,477
Total operating expenses	21,012	17,042	41,883	35,215
Income before income taxes	13,085	11,117	25,534	21,380
Provision for income taxes	2,262	1,061	3,941	1,658
Net income	$ 10,823	$ 10,056	$ 21,593	$ 19,722
Class A Common Stock [Member]
Share data:
Weighted average number of shares outstanding, basic	3,661,569	3,652,469	3,659,019	3,652,409
Weighted average number of shares outstanding, diluted	5,567,909	5,567,909	5,567,909	5,567,909
Basic earnings per share	$ 2.35	$ 2.18	$ 4.68	$ 4.28
Diluted earnings per share	$ 1.94	$ 1.81	$ 3.88	$ 3.54
Class B Common Stock [Member]
Share data:
Weighted average number of shares outstanding, basic	1,906,340	1,915,440	1,908,890	1,915,500
Weighted average number of shares outstanding, diluted	1,906,340	1,915,440	1,908,890	1,915,500
Basic earnings per share	$ 1.17	$ 1.09	$ 2.34	$ 2.14
Diluted earnings per share	$ 1.17	$ 1.09	$ 2.34	$ 2.14

CENTURY BANCORP INC 10-Q