XML 15 R4.htm IDEA: XBRL DOCUMENT v3.19.1
Interim Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest income:    
Interest and fees on loans $ 9,673 $ 7,089
Interest on investment securities 1,140 1,030
Total interest income 10,813 8,119
Interest expense:    
Interest on deposits 1,640 701
Interest on borrowings 104
Total interest expense 1,640 805
Net interest income 9,173 7,314
Provision for loan and lease losses 400 658
Net interest income after provision for loan and lease losses 8,773 6,656
Non-interest income:    
Credit insurance income 143 218
Mortgage fees from secondary market 103 117
Other income, net 559 338
Total non-interest income 1,265 1,140
Non-interest expense:    
Salaries and employee benefits 4,988 4,567
Net occupancy and equipment 1,089 889
Computer services 351 292
Fees for professional services 242 273
Other expense 1,783 1,280
Total non-interest expense 8,453 7,301
Income before income taxes 1,585 495
Provision for income taxes 351 81
Net income $ 1,234 $ 414
Basic net income per share (in dollars per share) $ 0.19 $ 0.07
Diluted net income per share (in dollars per share) 0.18 0.06
Dividends per share (in dollars per share) $ 0.02 $ 0.02
Deposit Account [Member]    
Non-interest income:    
Service and other charges on deposit accounts $ 460 $ 467