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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest and Dividend Income    
Loans, including fees $ 18,732 $ 16,609
Loans held-for-sale 24 24
Securities:    
Taxable 2,170 2,963
Tax exempt 2,061 912
Dividends from FHLBC and FRBC stock 106 85
Interest bearing deposits with financial institutions 49 23
Total interest and dividend income 23,142 20,616
Interest Expense    
Savings, NOW, and money market deposits 344 223
Time deposits 1,175 979
Other short-term borrowings 408 108
Junior subordinated debentures 927 1,084
Senior notes 672 673
Total interest expense 3,526 3,067
Net interest and dividend income 19,616 17,549
Release for loan and lease losses (722)  
Net interest and dividend income after (release) provisions for loan losses 20,338 17,549
Noninterest Income    
Trust income 1,495 1,458
Service charges on deposits 1,592 1,618
Secondary mortgage fees 162 176
Mortgage servicing rights mark to market loss 305 (133)
Mortgage servicing income 452 435
Net gain on sales of mortgage loans 917 1,147
Securities gains (losses), net 35 (136)
Increase in cash surrender value of BOLI 248 359
Death benefit realized on bank-owned life insurance 1,026  
Debit card interchange income 1,012 975
Losses on disposal and transfer of fixed assets, net   (2)
Other income 1,261 1,131
Total noninterest income 8,505 7,028
Noninterest Expense    
Salaries and employee benefits 10,207 10,573
Occupancy, furniture and equipment 1,558 1,566
Computer and data processing 1,344 1,090
FDIC insurance 156 148
General bank insurance 251 270
Amortization of core deposit intangible 21 25
Advertising expense 341 386
Debit card interchange expense 281 349
Legal fees 159 104
Other real estate expense, net 173 709
Other expense 2,863 2,834
Total noninterest expense 17,354 18,054
Income before income taxes 11,489 6,523
Provision for income taxes 2,000 2,096
Net income available to common stockholders $ 9,489 $ 4,427
Basic earnings per share (in dollars per share) $ 0.32 $ 0.15
Diluted earnings per share (in dollars per share) $ 0.31 $ 0.15