Quarterly Results of Operations (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2017

The following is a summary of the quarterly consolidated results of operations:


Three Months Ended 2017	March 31		June 30			September 30		December 31
Interest income	$	28,834	$	30,805		$	32,070	$	36,774
Interest expense		3,266		3,607			4,191		5,319

Net interest income		25,568		27,198			27,879		31,455
Provision for loan losses		330		330			710		1,100
Gain on sale of securities		35		(3	)		6		—
Net income		8,224		9,072			8,171		7,650
Net income available to common shareholders	$	8,224	$	9,072		$	8,171	$	7,650

Earnings per share:
Basic	$	0.37	$	0.41		$	0.36	$	0.30
Diluted		0.37		0.41			0.36		0.30

Average shares outstanding:
Basic		22,175,526		22,176,465			22,580,160		25,140,800
Diluted		22,326,071		22,322,390			22,715,273		25,262,010

Three Months Ended 2016	March 31		June 30			September 30		December 31
Interest income	$	23,528	$	24,650		$	28,962	$	29,390
Interest expense		3,754		3,781			4,552		8,450

Net interest income		19,774		20,869			24,410		20,940
Provision for loan losses		532		232			455		623
Gain on sale of securities		108		767			—		961
Net income		5,381		6,326			6,602		5,603
Net income available to common shareholders	$	5,339	$	6,326		$	6,602	$	5,603

Earnings per share:
Basic	$	0.30	$	0.35		$	0.31	$	0.25
Diluted		0.30		0.34			0.30		0.25

Average shares outstanding:
Basic		17,924,124		18,268,880			21,538,752		22,155,549
Diluted		18,012,726		18,364,167			21,651,953		22,283,722