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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest and Dividend Income      
Loans $ 84,572 $ 45,639 $ 40,055
Interest-bearing deposits and federal funds sold 1,199 337 129
Securities 9,709 4,039 3,482
Total interest and dividend income 95,480 50,015 43,666
Interest Expense      
Deposits 9,274 5,150 3,648
Short-term borrowings 822 402 252
Long-term borrowings 1,012 752 219
Total interest expense 11,108 6,304 4,119
Net interest income 84,372 43,711 39,547
Provision for loan losses 6,919 2,120 150
Net interest income after provision for loan losses 77,453 41,591 39,397
Noninterest Income      
Service fees on deposit accounts 1,998 971 903
Gain on sale of loans 20,080 25,164 19,633
Other income 10,014 5,668 5,529
Total noninterest income 32,092 31,803 26,065
Noninterest Expense      
Compensation and employee benefits 43,915 31,778 26,966
Occupancy 3,575 1,685 1,594
Furniture and equipment 3,303 1,359 1,446
Other 30,275 12,968 11,860
Total noninterest expense 81,068 47,790 41,866
Income (loss) before income taxes and undistributed income of subsidiaries 28,477 25,604 23,596
Provision for income taxes 11,977 9,200 8,177
Net income $ 16,500 $ 16,404 $ 15,419
Earnings per common share:      
Basic (in dollars per share) $ 0.92 $ 1.55 $ 1.46
Diluted (in dollars per share) $ 0.92 $ 1.54 $ 1.46
Average outstanding shares:      
Basic (in shares) 17,988,670 10,586,394 10,513,008
Diluted (in shares) 18,076,304 10,677,561 10,581,871