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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest income:    
Loans, including fees $ 28,098 $ 24,109
Securities:    
Taxable 2,176 795
Non taxable 225 1,095
Federal funds sold and interest-bearing deposits in banks 1,505 1,284
Total interest income 32,004 27,283
Interest expense:    
Deposits 5,889 3,493
Notes payable & other borrowings 650 430
Subordinated debt securities 406 245
Junior subordinated deferrable interest debentures 513 397
Total interest expense 7,458 4,565
Net interest income 24,546 22,718
Provision for loan losses 608 778
Net interest income, after provision for loan losses 23,938 21,940
Noninterest income:    
Service charges on deposit accounts 1,905 1,917
Income from insurance activities 1,750 1,395
Net gain on sales of loans 4,660 4,311
Bank card services and interchange fees 2,010 1,958
Investment commissions 333 450
Other 1,417 1,437
Total noninterest income 12,075 11,468
Noninterest expense:    
Salaries and employee benefits 19,125 17,601
Occupancy and equipment, net 3,407 3,324
Professional services 1,706 1,429
Marketing and development 717 818
IT and data services 693 550
Bank card expenses 724 664
Appraisal expenses 323 285
Other 3,341 3,206
Total noninterest expense 30,036 27,877
Income before income taxes 5,977 5,531
Income tax expense 1,204 30
Net income $ 4,773 $ 5,501
Earnings per share:    
Basic (in dollars per share) $ 0.32 $ 0.37
Diluted (in dollars per share) $ 0.32 $ 0.37
Net income $ 4,773 $ 5,501
Other comprehensive income (loss):    
Change in net unrealized loss on securities available for sale 2,907 (3,160)
Tax effect (611) 0
Other comprehensive income (loss) 2,296 (3,160)
Comprehensive income $ 7,069 2,341
Pro Forma [Member]    
Interest income:    
Loans, including fees   24,109
Securities:    
Taxable   795
Non taxable   1,095
Federal funds sold and interest-bearing deposits in banks   1,284
Total interest income   27,283
Interest expense:    
Deposits   3,493
Notes payable & other borrowings   430
Subordinated debt securities   245
Junior subordinated deferrable interest debentures   397
Total interest expense   4,565
Net interest income   22,718
Provision for loan losses   778
Net interest income, after provision for loan losses   21,940
Noninterest income:    
Service charges on deposit accounts   1,917
Income from insurance activities   1,395
Net gain on sales of loans   4,311
Bank card services and interchange fees   1,958
Investment commissions   450
Other   1,437
Total noninterest income   11,468
Noninterest expense:    
Salaries and employee benefits   17,601
Occupancy and equipment, net   3,324
Professional services   1,429
Marketing and development   818
IT and data services   550
Bank card expenses   664
Appraisal expenses   285
Other   3,206
Total noninterest expense   27,877
Income before income taxes   5,531
Income tax expense   883
Net income   $ 4,648
Earnings per share:    
Basic (in dollars per share)   $ 0.31
Diluted (in dollars per share)   $ 0.31
Net income   $ 4,648
Other comprehensive income (loss):    
Change in net unrealized loss on securities available for sale   (3,160)
Tax effect   664
Other comprehensive income (loss)   (2,496)
Comprehensive income   $ 2,152