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Interim Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Interest income:        
Interest and fees on loans $ 8,395 $ 6,802 $ 22,815 $ 19,928
Interest on investment securities 1,057 1,018 3,146 3,085
Total interest income 9,452 7,820 25,961 23,013
Interest expense:        
Interest on deposits 1,120 617 2,619 1,713
Interest on borrowings 4 68 198 189
Total interest expense 1,124 685 2,817 1,902
Net interest income 8,328 7,135 23,144 21,111
Provision for loan and lease losses 789 373 2,149 1,464
Net interest income after provision for loan and lease losses 7,539 6,762 20,995 19,647
Non-interest income:        
Credit insurance income 198 160 516 459
Net gain on sales and prepayments of investment securities 178 105 228
Net gain on settlement of derivative contracts 981 981
Mortgage fees from secondary market 128 89 389 147
Other income, net 316 328 993 1,093
Total non-interest income 2,112 1,236 4,384 3,333
Non-interest expense:        
Salaries and employee benefits 4,643 4,370 13,743 13,048
Net occupancy and equipment 983 806 2,745 2,276
Computer services 328 337 937 1,036
Fees for professional services 242 187 781 650
Acquisition expenses 1,492 1,492
Other expense 1,454 1,490 4,237 4,080
Total non-interest expense 9,142 7,190 23,935 21,090
Income before income taxes 509 808 1,444 1,890
Provision for income taxes 269 173 431 435
Net income $ 240 $ 635 $ 1,013 $ 1,455
Basic net income per share (in dollars per share) $ 0.04 $ 0.10 $ 0.17 $ 0.24
Diluted net income per share (in dollars per share) 0.03 0.10 0.15 0.22
Dividends per share (in dollars per share) $ 0.02 $ 0.02 $ 0.06 $ 0.06
Deposit Account [Member]        
Non-interest income:        
Service and other charges on deposit accounts $ 489 $ 481 $ 1,400 $ 1,406