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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Interest Income        
Loans, including fees $ 15,202 $ 10,725 $ 46,605 $ 31,348
Debt securities:        
U.S. Treasury and government agencies 972 613 2,501 1,848
Municipalities 190 275 612 845
Dividends 69 56 233 164
Federal funds sold 120 (8) 319 2
Other 459 92 887 219
Total interest income 17,012 11,753 51,157 34,426
Interest Expense        
Deposits 3,654 1,611 9,606 4,319
Federal funds purchased and securities sold under agreements to repurchase 201 134 527 376
Borrowed funds 257 20 813 60
Total interest expense 4,112 1,765 10,946 4,755
Net Interest Income - Before Provision for Loan Losses 12,900 9,988 40,211 29,671
Provision for Loan Losses 247 47 410 219
Net Interest Income After Provision For Loan Losses 12,653 9,941 39,801 29,452
Noninterest Income        
Net gain on sale of loans 260 184 558 617
Net gain (loss) on sale of available-for-sale securities   10 (26) 10
Total noninterest income 3,161 2,683 8,837 8,099
Noninterest Expense        
Salaries and wages 4,158 3,391 12,300 9,926
Employee benefits 1,331 1,029 4,148 3,013
Net occupancy expense 630 478 1,911 1,306
Furniture and equipment 720 588 2,179 1,660
Data processing 482 364 2,157 1,000
Franchise taxes 248 243 735 710
ATM expense 416 327 1,281 972
Advertising 587 236 1,229 669
Net loss on sale of other assets owned 22 1 65 17
FDIC assessment   81 194 249
Mortgage servicing rights amortization 149 84 329 264
Consulting fees 196 179 404 467
Other general and administrative 1,667 1,125 4,897 3,151
Total noninterest expense 10,606 8,126 31,829 23,404
Income Before Income Taxes 5,208 4,498 16,809 14,147
Income Taxes 933 623 3,130 2,391
Net Income $ 4,275 $ 3,875 $ 13,679 $ 11,756
Basic and Diluted Earnings Per Share $ 0.38 $ 0.42 $ 1.23 $ 1.27
Dividends Declared $ 0.15 $ 0.14 $ 0.45 $ 0.41
Customer Service Fees [Member]        
Noninterest Income        
Noninterest income $ 1,722 $ 1,392 $ 4,994 $ 4,323
Other Service Charges and Fees [Member]        
Noninterest Income        
Noninterest income $ 1,179 $ 1,097 $ 3,311 $ 3,149