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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest and dividend income      
Loans $ 104,015 $ 94,976 $ 41,653
Securities and other 23,436 21,093 15,834
Total interest and dividend income 127,451 116,069 57,487
Interest expense      
Deposits 19,521 11,307 6,699
Borrowings 17,047 12,607 5,414
Total interest expense 36,568 23,914 12,113
Net interest income 90,883 92,155 45,374
Provision for loan losses 2,780 2,788 979
Net interest income after provision for loan losses 88,103 89,367 44,395
Non-interest income      
Trust and investment management fee income 11,985 12,270 3,829
Insurance brokerage service income 0 1,097 0
Customer service fees 9,538 8,484 2,648
(Loss) gain on sales of securities, net (924) 19 4,498
Bank-owned life insurance income 1,821 1,539 703
Other income 5,515 2,573 671
Total non-interest income 27,935 25,982 12,349
Non-interest expense      
Salaries and employee benefits 40,964 39,589 19,775
Occupancy and equipment 12,386 11,061 4,610
Loss on premises and equipment, net 0 94 248
Outside services 2,408 3,000 767
Professional services 1,474 1,655 1,489
Communication 804 1,289 586
Amortization of intangible assets 828 812 92
Acquisition, conversion and other expenses 1,728 3,302 2,650
Other expenses 14,947 11,924 5,718
Total non-interest expense 75,539 72,726 35,935
Income before income taxes 40,499 42,623 20,809
Income tax expense 7,562 16,630 5,876
Net income $ 32,937 $ 25,993 $ 14,933
Earnings per share:      
Basic (in dollars per share) $ 2.13 $ 1.71 $ 1.65
Diluted (in dollars per share) $ 2.12 $ 1.70 $ 1.63
Weighted average common shares outstanding:      
Basic (in shares) 15,487,686 15,183,615 9,068,624
Diluted (in shares) 15,564,464 15,290,410 9,142,653