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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 $ 25,126 $ 21,194
Securities and other 5,651 4,991
Total interest and dividend income 30,777 26,185
Interest expense    
Deposits 3,985 2,210
Borrowings 3,634 2,603
Total interest expense 7,619 4,813
Net interest income 23,158 21,372
Provision for loan losses 795 795
Net interest income after provision for loan losses 22,363 20,577
Non-interest income    
Trust and investment management fee income 2,962 2,864
Insurance brokerage service income 0 364
Customer service fees 2,224 1,773
Bank-owned life insurance income 446 399
Other income 606 546
Total non-interest income 6,238 5,946
Non-interest expense    
Salaries and employee benefits 10,989 10,321
Occupancy and equipment 3,073 2,666
Loss on premises and equipment, net 0 95
Outside services 560 597
Professional services 433 440
Communication 180 368
Amortization of intangible assets 207 180
Acquisition, conversion and other expenses 335 3,112
Other expenses 3,075 3,052
Total non-interest expense 18,852 20,831
Income before income taxes 9,749 5,692
Income tax expense 1,937 1,481
Net income $ 7,812 $ 4,211
Earnings per share:    
Basic (in dollars per share) $ 0.51 $ 0.29
Diluted (in dollars per share) $ 0.50 $ 0.29
Weighted average common shares outstanding:    
Basic (in shares) 15,448,338 14,471,147
Diluted (in shares) 15,552,969 14,591,273