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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Interest and Dividend Income        
Interest and fees on loans $ 10,274 $ 9,201 $ 20,015 $ 17,975
Interest on investment securities 398 291 777 557
Dividends on investment securities 114 128 232 249
Other interest income 237 270 570 421
Total interest and dividend income 11,023 9,890 21,594 19,202
Interest Expense        
Interest on deposits 3,533 1,997 6,797 3,654
Interest on Federal Home Loan Bank borrowings 426 502 865 759
Interest on senior debt 228 228 457 457
Interest on subordinated debt 279 112 568 211
Interest on note payable and other 8 10 14 17
Total interest expense 4,474 2,849 8,701 5,098
Net interest income 6,549 7,041 12,893 14,104
Provision for Loan Losses 2,937 50 3,102 235
Net interest income after provision for loan losses 3,612 6,991 9,791 13,869
Non-interest Income        
Loan application, inspection and processing fees 28 12 42 20
Deposit fees and service charges 116 132 243 266
Gains on sales of loans 367 66 823 66
Rental income 192 83 322 167
Other income 126 93 221 189
Total non-interest income 829 386 1,651 708
Non-interest Expense        
Salaries and benefits 3,608 2,854 6,792 5,623
Occupancy and equipment expense 744 776 1,661 1,517
Data processing expense 361 322 731 639
Professional and other outside services 803 457 1,574 1,029
Merger and tax initiative project expenses, net (15) 592 65 1,115
Advertising and promotional expense 77 59 192 137
Loan administration and processing expense 43 30 57 43
Regulatory assessments 395 298 710 550
Insurance expense 54 53 95 108
Communications, stationary and supplies 131 110 265 223
Other operating expense 527 410 1,096 768
Total non-interest expense 6,728 5,961 13,238 11,752
(Loss) income before income taxes (2,287) 1,416 (1,796) 2,825
(Benefit) provision for Income Taxes (632) 380 (464) 724
Net (loss) income $ (1,655) $ 1,036 $ (1,332) $ 2,101
Basic (loss) earnings per share (in dollars per share) $ (0.42) $ 0.27 $ (0.34) $ 0.54
Diluted (loss) earnings per share (in dollars per share) $ (0.42) $ 0.26 $ (0.34) $ 0.54