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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Interest income    
Loans $ 19,906 $ 10,697
Investment securities 1,985 815
Federal funds sold and interest-earning deposits 26 16
Total interest income 21,917 11,528
Interest expense    
Deposits 1,659 1,302
Short-term borrowings 78 12
Long-term debt 1,031 270
Total interest expense 2,768 1,584
Net interest income 19,149 9,944
Provision for loan losses 1,290 1,940
Net interest income after provision for loan losses 17,859 8,004
Non-interest income    
Service charges and fees on deposit accounts 1,315 515
Government-guaranteed lending 2,341 1,119
Mortgage banking 318 391
Bank-owned life insurance 306 195
Gain on sales of available for sale securities 0 1,092
Other 387 150
Total non-interest income 4,667 3,462
Non-interest expense    
Salaries and employee benefits 9,014 5,991
Occupancy and equipment 2,636 1,547
Data processing 1,030 644
FDIC deposit insurance premiums 390 227
Professional services 544 497
Foreclosed asset expenses, net 263 183
Loan, collection, and repossession expense 679 461
Merger and conversion costs 1,209 1,601
Restructuring charges 836 0
Other 2,130 1,516
Total non-interest expense 18,731 12,667
Income (loss) before income taxes 3,795 (1,201)
Income tax expense (benefit) 1,681 (395)
Net income (loss) 2,114 (806)
Dividends and accretion on preferred stock 377 369
Net income available (loss attributable) to common stockholders $ 1,737 $ (1,175)
Net income (loss) per common share    
Basic (in dollars per share) $ 0.03 $ (0.03)
Diluted (in dollars per share) $ 0.03 $ (0.03)
Weighted average common shares outstanding    
Basic (in shares) 52,075,323 35,758,033
Diluted (in shares) 52,360,688 35,758,033