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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest and dividend income    
Loans $ 21,194 $ 10,083
Securities and other 4,991 4,081
Total interest and dividend income 26,185 14,164
Interest expense    
Deposits 2,210 1,577
Borrowings 2,603 1,251
Total interest expense 4,813 2,828
Net interest income 21,372 11,336
Provision for loan losses 795 465
Net interest income after provision for loan losses 20,577 10,871
Non-interest income    
Trust and investment management fee income 2,864 948
Insurance and brokerage service income 364 0
Customer service fees 1,360 211
Gain on sales of securities, net 0 1,436
Bank-owned life insurance income 399 225
Other income 959 508
Total non-interest income 5,946 3,328
Non-interest expense    
Salaries and employee benefits 10,321 5,017
Occupancy and equipment 2,666 1,158
Loss on premises and equipment, net 95 0
FDIC insurance assessments 380 217
Outside services 597 110
Professional services 440 124
Communication 368 93
Amortization of intangible assets 157 23
Merger expenses 3,112 0
Other expenses 2,695 1,255
Total non-interest expense 20,831 7,997
Income before income taxes 5,692 6,202
Income tax expense 1,481 1,796
Net income $ 4,211 $ 4,406
Earnings per share:    
Basic (in dollars per share) $ 0.29 $ 0.49
Diluted (in dollars per share) $ 0.29 $ 0.48
Weighted average common shares outstanding:    
Basic (in shares) 14,471,147 9,013,797
Diluted (in shares) 14,591,273 9,121,536