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CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest income:    
Loans secured by real estate $ 50,475 $ 45,651
C&I 41 4
Other loans 18 20
MBS 14 2
Investment securities 190 173
Other short-term investments 717 661
Total interest income 51,455 46,511
Interest expense:    
Deposits and escrow 9,507 6,794
Borrowed funds 4,461 5,086
Total interest expense 13,968 11,880
Net interest income 37,487 34,631
Provision (credit) for loan losses 450 (21)
Net interest income after provision (credit) for loan losses 37,037 34,652
Non-interest income:    
Service charges and other fees 794 685
Net mortgage banking income 16 28
Net gain on securities and other assets 75 46
Net gain on the sale of premises held for sale 0 68,187
Income from BOLI 545 560
Other 348 235
Total non-interest income 1,778 69,741
Non-interest expense:    
Salaries and employee benefits 10,320 9,708
Occupancy and equipment 3,628 2,627
Data processing costs 1,607 1,195
Marketing 1,466 1,178
Federal deposit insurance premiums 655 739
Other 3,093 2,422
Total non-interest expense 20,769 17,869
Income before income taxes 18,046 86,524
Income tax expense 6,889 36,487
Net income $ 11,157 $ 50,037
Earnings per Share:    
Basic (in dollars per share) $ 0.30 $ 1.37
Diluted (in dollars per share) $ 0.30 $ 1.36