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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Interest Income:    
Loans, including fees $ 112,312 $ 101,002
Securities available-for-sale:    
Taxable 2,423 3,289
Tax-exempt 1,369 1,518
Federal funds sold and other earning assets 1,509 2,646
Total interest income 117,613 108,455
Interest Expense:    
Deposits 13,597 21,915
Borrowings 816 319
Subordinated debt 2,334 2,341
Total interest expense 16,747 24,575
Net interest income 100,866 83,880
Provision for loan losses 8,683 2,599
Net interest income after provision for loan losses 92,183 81,281
Noninterest Income:    
Service charges on deposit accounts 3,403 2,902
Gain on sale of securities 6 34
Mortgage banking 3,875 1,566
Investment services 1,566 946
Insurance commissions 1,850  
Interchange and debit card transaction fees, net 2,413 628
Merger termination fee 0 6,400
Other 2,313 2,839
Total noninterest income 15,426 15,315
Noninterest Expense:    
Salaries and employee benefits 42,911 36,635
Occupancy and equipment 8,348 6,716
FDIC insurance 1,190 140
Other real estate and loan related expenses 2,050 1,320
Advertising and marketing 834 983
Data processing 2,281 1,995
Professional services 2,958 2,375
Aggregate amortization expense of core deposit premium intangible 1,740 1,368
Software as services contracts 2,195 2,195
Merger related and restructuring expenses 4,565 3,219
Other 7,647 6,205
Total noninterest expenses 76,719 63,151
Income before income tax expense 30,890 33,445
Income tax expense 6,558 6,897
Net Income (Loss) Available to Common Stockholders, Basic, Total $ 24,332 $ 26,548
Earnings per common share:    
Basic (in dollars per share) $ 1.63 $ 1.90
Diluted (in dollars per share) $ 1.62 $ 1.89
Weighted average common shares outstanding:    
Basic (in shares) 14,955,423 13,953,497
Diluted (in shares) 15,019,175 14,046,366