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CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Interest income        
Loans, including fees $ 15,214 $ 13,649 $ 29,629 $ 26,563
Securities        
Taxable 1,401 1,393 2,712 3,260
Nontaxable 920 870 1,842 1,385
Federal funds sold and interest-bearing deposits 257 183 745 356
Total interest income 17,792 16,095 34,928 31,564
Interest expense        
Deposits 2,627 2,276 5,031 4,462
FHLB advances and federal funds purchased 58 104 137 168
Subordinated debentures 188 217 395 439
Other borrowed money 120 154 325 348
Total interest expense 2,993 2,751 5,888 5,417
Net interest income 14,799 13,344 29,040 26,147
Provision for loan losses 800 1,950 1,450 2,400
Net interest income after provision for loan losses 13,999 11,394 27,590 23,747
Noninterest income        
Service charges 938 888 1,815 1,711
Net realized gain (loss) on securities transactions 25 (19) 25 18
Net realized gain on sale of loans 472 519 901 745
Other operating income 2,081 1,921 4,057 3,726
Total noninterest income 3,516 3,309 6,798 6,200
Noninterest expense        
Employee compensation and benefits 6,440 6,237 13,427 12,687
Occupancy expenses 1,866 1,729 3,614 3,476
Other operating expenses 3,600 3,417 6,910 6,697
Total noninterest expense 11,906 11,383 23,951 22,860
Income before income taxes 5,609 3,320 10,437 7,087
Income tax provision 1,633 820 2,945 1,910
Net earnings $ 3,976 $ 2,500 $ 7,492 $ 5,177
Basic earnings per share (in USD per share) $ 0.40 $ 0.27 $ 0.80 $ 0.57
Diluted earnings per share (in USD per share) $ 0.39 $ 0.27 $ 0.79 $ 0.57