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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
INTEREST INCOME:      
Loans receivable $ 79,120 $ 70,936 $ 57,039
Investment securities:      
Taxable 2,750 1,952 1,535
Nontaxable 3,700 2,185 1,955
Other 697 313 317
Total interest income 86,267 75,386 60,846
INTEREST EXPENSE:      
Deposits 6,992 6,515 5,339
Other borrowings 3,755 1,403 1,025
Total interest expense 10,747 7,918 6,364
NET INTEREST INCOME 75,520 67,468 54,482
PROVISION FOR LOAN LOSSES 4,498 2,516 1,797
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 71,022 64,952 52,685
NONINTEREST INCOME:      
Net gain on sales of investment securities 48 19 20
Deposit fee income 9,970 8,994 7,907
Earnings on life insurance policies 2,940 1,665 1,510
Gain on sales of loans 3,773 4,796 3,084
Other 1,008 1,237 1,026
Total noninterest income 17,739 16,711 13,547
NONINTEREST EXPENSES:      
Salaries and employee benefits 28,519 31,168 25,742
Net occupancy expense 6,987 7,414 6,411
Real estate owned, net (2) (377) (369)
FDIC insurance 1,078 1,099 960
Amortization of intangible assets 1,021 1,021 724
Data processing 5,769 5,520 6,411
Professional fees 1,860 2,212 1,923
Advertising and public relations 1,148 1,600 2,520
Postage and supplies 836 1,121 1,113
Other 7,239 6,567 5,584
Total noninterest expenses 54,455 57,345 51,019
INCOME BEFORE INCOME TAXES 34,306 24,318 15,213
INCOME TAX PROVISION 12,995 6,859 4,639
NET INCOME $ 21,311 $ 17,459 $ 10,574
Basic earnings per common share (in dollars per share) $ 0.57 $ 0.46 $ 0.31
Diluted earnings per common share (in dollars per share) $ 0.56 $ 0.46 $ 0.30