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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest income      
Loans $ 58,808 $ 49,315 $ 44,316
Investment securities 1,617 1,711 1,577
Federal funds sold 784 165 137
Total interest income 61,209 51,191 46,030
Interest expense      
Deposits 7,373 3,941 3,585
Borrowings 2,960 4,251 3,916
Total interest expense 10,333 8,192 7,501
Net interest income 50,876 42,999 38,529
Provision for loan losses 2,000 2,300 3,200
Net interest income after provision for loan losses 48,876 40,699 35,329
Noninterest income      
Mortgage banking income 5,152 6,837 4,963
Service fees on deposit accounts 1,168 1,002 893
Income from bank owned life insurance 811 736 685
Gain on sale of investment securities 4 431 297
Other income 2,202 1,840 1,578
Total noninterest income 9,337 10,846 8,416
Noninterest expenses      
Compensation and benefits 21,791 18,969 17,048
Occupancy 4,121 3,582 3,310
Other real estate owned expenses 228 1,215 1,142
Outside service and data processing costs 3,158 2,654 2,447
Insurance 1,146 962 855
Professional fees 1,362 1,208 987
Marketing 737 807 870
Other 2,009 1,779 1,550
Total noninterest expenses 34,552 31,176 28,209
Income before income tax expense 23,661 20,369 15,536
Income tax expense 10,616 7,333 5,369
Net income available to common shareholders $ 13,045 $ 13,036 $ 10,167
Earnings per common share      
Basic $ 1.86 $ 2.06 $ 1.64
Diluted $ 1.76 $ 1.94 $ 1.55
Weighted average common shares outstanding      
Basic 7,005,703 6,318,322 6,204,518
Diluted 7,393,377 6,720,888 6,560,739