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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest Income:      
Interest and fees on loans $ 32,383 $ 30,817 $ 28,182
Interest on investment securities 1,146 901 825
Interest on deposits in FRB 3,086 1,207 458
Interest on deposits in other banks 0 5 8
Total interest income 36,615 32,930 29,473
Interest Expense:      
Interest on deposits 2,278 1,426 1,167
Interest on other borrowed funds 425 304 242
Total interest expense 2,703 1,730 1,409
Net Interest Income 33,912 31,200 28,064
(Recovery of Provision) Provision for Credit Losses (1,764) 24 (21)
Net Interest Income after (Recovery of Provision) Provision for Credit Losses 35,676 31,176 28,085
Noninterest Income:      
Increase in cash surrender value of bank-owned life insurance 520 534 530
Loss on fair value of marketable equity securities (78) 0 0
Gain on proceeds from bank-owned life insurance 171 0 0
Loss on fair value of junior subordinated debentures (424) (882) (518)
Other 872 803 710
Total noninterest income 4,605 4,306 4,514
Noninterest Expense:      
Salaries and employee benefits 11,721 10,821 10,628
Occupancy expense 4,372 4,254 4,222
Data processing 171 119 148
Professional fees 1,617 1,433 1,493
Regulatory assessments 330 391 767
Director fees 321 289 284
Correspondent bank service charges 63 71 0
Loss on California tax credit partnership 25 109 158
Net cost (gain) on operation and sale of OREO 145 (150) 263
Other 2,167 2,466 2,382
Total noninterest expense 20,932 19,803 20,345
Income Before Provision for Taxes 19,349 15,679 12,254
Provision for Taxes on Income 5,332 7,039 4,869
Net Income $ 14,017 $ 8,640 $ 7,385
Net Income per common share      
Basic (dollars per share) $ 0.83 $ 0.51 $ 0.44
Diluted (dollars per share) $ 0.83 $ 0.51 $ 0.44
Shares on which net income per common share were based      
Basic (in shares) 16,899,960 16,885,587 16,881,379
Diluted (in shares) 16,938,772 16,904,915 16,889,027
Customer service fees      
Noninterest Income:      
Customer service fees $ 3,544 $ 3,851 $ 3,792