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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest income      
Loans and leases $ 74,627 $ 69,135 $ 54,047
Securities income 2,845 2,962 3,342
Short-term investments 645 374 312
Total interest income 78,117 72,471 57,701
Interest expense      
Deposits 11,716 10,877 9,470
Federal Home Loan Bank advances and other borrowings 1,958 1,842 989
Junior subordinated notes 1,115 1,112 1,112
Total interest expense 14,789 13,831 11,571
Net interest income 63,328 58,640 46,130
Provision for loan and lease losses 7,818 3,386 1,236
Net interest income after provision for loan and lease losses 55,510 55,254 44,894
Non-interest income      
Trust and investment services fee income 5,356 4,954 4,434
Gain on sale of Small Business Association loans 4,400 3,999 318
Gain on sale of residential mortgage loans 590 729 74
Service charges on deposits 2,990 2,812 2,469
Loan fees 2,430 2,187 1,577
Increase in cash surrender value of bank-owned life insurance 974 960 862
Other non-interest income 1,248 1,370 369
Total non-interest income 17,988 17,011 10,103
Non-interest expense      
Compensation 31,545 28,543 21,477
Occupancy 2,019 1,973 1,391
Professional fees 4,031 4,893 3,405
Data processing 3,298 2,378 1,710
Marketing 2,338 2,585 1,662
Equipment 1,189 1,230 650
FDIC insurance 1,472 920 758
Collateral liquidation costs 262 472 320
Net loss (gain) on foreclosed properties 122 (171) (10)
Impairment of tax credit investments 3,691 0 0
SBA Recourse Provision 2,068 0 0
Other 4,398 4,551 2,412
Other non-interest expense 56,433 47,374 33,775
Income before income tax expense 17,065 24,891 21,222
Income tax expense 2,156 8,377 7,083
Net income $ 14,909 $ 16,514 $ 14,139
Earnings per common share:      
Basic $ 1.71 $ 1.90 $ 1.76
Diluted 1.71 1.90 1.75
Dividends declared per share $ 0.48 $ 0.44 $ 0.42