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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest income      
Loans $ 73,718 $ 58,808 $ 49,315
Investment securities 1,801 1,617 1,711
Federal funds sold 1,138 784 165
Total interest income 76,657 61,209 51,191
Interest expense      
Deposits 14,836 7,373 3,941
Borrowings 1,669 2,960 4,251
Total interest expense 16,505 10,333 8,192
Net interest income 60,152 50,876 42,999
Provision for loan losses 1,900 2,000 2,300
Net interest income after provision for loan losses 58,252 48,876 40,699
Noninterest income      
Mortgage banking income 5,544 5,152 6,837
Service fees on deposit accounts 1,040 1,168 1,002
ATM and debit card income 1,490 1,172 892
Income from bank owned life insurance 878 811 736
Gain on sale of investment securities 7 4 431
Other income 1,242 1,030 948
Total noninterest income 10,201 9,337 10,846
Noninterest expenses      
Compensation and benefits 25,561 21,791 18,969
Occupancy 5,049 4,121 3,582
Outside service and data processing costs 3,302 3,158 2,654
Insurance 1,284 1,146 962
Professional fees 1,574 1,362 1,208
Marketing 856 737 807
Other 2,137 2,237 2,994
Total noninterest expenses 39,763 34,552 31,176
Income before income tax expense 28,690 23,661 20,369
Income tax expense 6,401 10,616 7,333
Net income available to common shareholders $ 22,289 $ 13,045 $ 13,036
Earnings per common share      
Basic $ 3.02 $ 1.86 $ 2.06
Diluted $ 2.88 $ 1.76 $ 1.94
Weighted average common shares outstanding      
Basic 7,384,200 7,005,703 6,318,322
Diluted 7,737,495 7,393,377 6,720,888