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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
INTEREST INCOME:      
Loans receivable $ 70,936 $ 57,039 $ 39,465
Investment securities:      
Taxable 1,952 1,535 1,076
Nontaxable 2,185 1,955 1,514
Other 313 317 436
Total interest income 75,386 60,846 42,491
INTEREST EXPENSE:      
Deposits 6,515 5,339 4,538
Other borrowings 1,403 1,025 600
Total interest expense 7,918 6,364 5,138
NET INTEREST INCOME 67,468 54,482 37,353
PROVISION FOR LOAN LOSSES 2,516 1,797 1,588
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 64,952 52,685 35,765
NONINTEREST INCOME:      
Net gain on sales of investment securities 19 20 31
Deposit fee income 8,994 7,907 5,349
Earnings on life insurance policies 1,665 1,498 1,126
Gain on sales of loans 4,796 3,084 2,774
Other 1,237 1,026 759
Total noninterest income 16,711 13,547 10,039
NONINTEREST EXPENSES:      
Salaries and employee benefits 31,168 25,742 21,889
Net occupancy expense 7,414 6,411 4,391
Real estate owned, net (377) (369) 1,387
FDIC insurance 1,099 960 753
Amortization of intangible assets 1,021 724 339
Data processing 5,520 6,411 6,254
Professional fees 2,212 1,923 1,481
Advertising and public relations 1,600 2,520 1,354
Postage and supplies 1,121 1,113 712
Other 6,567 5,584 3,508
Total noninterest expenses 57,345 51,019 42,068
INCOME BEFORE INCOME TAXES 24,318 15,213 3,736
INCOME TAX PROVISION (BENEFIT) 6,859 4,639 (20,570)
NET INCOME $ 17,459 $ 10,574 $ 24,306
Basic earnings per common share (in dollars per share) $ 0.46 $ 0.31 $ 0.86
Diluted earnings per common share (in dollars per share) $ 0.46 $ 0.30 $ 0.84