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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Interest and dividend income:        
Loans, including fees $ 12,074 $ 10,098 $ 24,354 $ 17,104
Investment securities and interest earning deposits in banks 1,540 490 2,650 778
FHLB dividends 87 106 180 192
FRB dividends 50 23 119 45
Total interest and dividend income 13,751 10,717 27,303 18,119
Interest expense:        
Deposits 1,025 971 2,004 1,890
Other borrowings 126 101 285 101
Total interest expense 1,151 1,072 2,289 1,991
Net interest income 12,600 9,645 25,014 16,128
Provision for loan losses 243 144 497 287
Net interest income after provision for loan losses 12,357 9,501 24,517 15,841
Noninterest income:        
Gain on sale of loans 548 875 1,199 1,275
Service charges and other fees 469 299 915 442
Loan servicing fees and other income 274 253 519 310
Other income 792 202 1,176 338
Total noninterest income 2,083 1,629 3,809 2,365
Noninterest expense:        
Salaries and employee benefits 4,547 3,947 9,461 7,029
Occupancy and equipment 1,268 790 2,243 1,359
Data processing 615 2,074 1,323 2,434
Other expense 2,226 1,576 3,752 2,203
Total noninterest expense 8,656 8,387 16,779 13,025
Income before provision for income taxes 5,784 2,743 11,547 5,181
Provision for income taxes 1,496 1,241 3,190 2,263
Net income $ 4,288 $ 1,502 $ 8,357 $ 2,918
Earnings per common share :        
Basic: Earnings per common share $ 0.45 $ 0.23 $ 0.99 $ 0.49
Weighted average shares outstanding: 9,467,431 6,421,078 8,495,230 5,949,373
Diluted: Earnings per common share $ 0.45 $ 0.23 $ 0.99 $ 0.49
Weighted average shares outstanding: 9,467,431 6,421,078 8,495,230 5,949,373