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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
INTEREST INCOME:    
Loans receivable $ 17,685 $ 13,204
Investment securities:    
Taxable 537 324
Nontaxable 485 482
Other 83 96
Total interest income 18,790 14,106
INTEREST EXPENSE:    
Deposits 1,515 1,304
Other borrowings 349 224
Total interest expense 1,864 1,528
NET INTEREST INCOME 16,926 12,578
PROVISION FOR LOAN LOSSES 489 300
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 16,437 12,278
NONINTEREST INCOME:    
Net gain (loss) on sales of investment securities (2) 88
Deposit fee income 2,150 1,739
Earnings on life insurance policies 412 367
Gain on sale of loans 794 637
Other 319 280
Total noninterest income 3,673 3,111
NONINTEREST EXPENSES:    
Salaries and employee benefits 8,250 6,459
Net occupancy expense 1,928 1,434
Real estate owned, net 28 38
Amortization of intangible assets 255 156
Data processing 1,433 1,169
Professional fees 379 376
Advertising and public relations 496 680
Postage and supplies 290 235
Other 2,272 1,690
Total noninterest expenses 15,331 12,237
INCOME BEFORE INCOME TAXES 4,779 3,152
INCOME TAX PROVISION 1,436 885
NET INCOME $ 3,343 $ 2,267
Basic earnings per common share (in dollars per share) $ 0.09 $ 0.07
Diluted earnings per common share (in dollars per share) $ 0.09 $ 0.07