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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Interest income:      
Loans, including fees $ 82,186 $ 65,462 $ 49,120
Investment securities and interest bearing deposits in banks 4,213 10,292 7,071
FHLB dividends 340 495 446
FRB dividends 453 295 223
Total interest and dividend income 87,192 76,544 56,860
Interest expense:      
Deposits 6,954 8,165 4,462
Subordinated debt 1,405    
Other borrowings 540 567 480
Total interest expense 8,899 8,732 4,942
Net interest income 78,293 67,812 51,918
Provision for loan losses 10,320 2,224 1,842
Net interest income after provision for loan losses 67,973 65,588 50,076
Noninterest income:      
Gain on sale of loans 1,835 2,999 2,061
Loan servicing and other loan fees 2,465 1,945 1,243
(Loss) gain on sale of premises 40 187  
Income on investment in SBIC fund 875 669 452
Other income 1,012 1,091 1,316
Total noninterest income 8,775 9,569 7,082
Noninterest expense:      
Salaries and employee benefits 33,942 28,807 21,444
Occupancy and equipment 7,088 5,148 4,259
Data processing 8,221 8,364 3,806
Other expense 9,268 9,147 7,160
Total noninterest expense 58,519 51,466 36,669
Income before provision for income taxes 18,229 23,691 20,489
Income tax benefit 4,503 6,373 5,996
Net income $ 13,726 $ 17,318 $ 14,493
Earnings per common share :      
Basic earnings per common share (in dollars per share) $ 1.15 $ 1.47 $ 1.50
Weighted average shares outstanding (in shares) 11,965,245 11,759,334 9,692,009
Diluted earnings per common share (in dollars per share) $ 1.15 $ 1.47 $ 1.50
Weighted average shares outstanding (in shares) 11,965,245 11,759,334 9,692,009
Bank Servicing and Other      
Noninterest income:      
Revenue from contract with customer, excluding assessed tax $ 2,548 $ 2,678 $ 2,010