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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest income    
Interest and fees on loans $ 28,462 $ 25,953
Debt securities 1,436 1,303
Federal Funds and interest-bearing deposits 1,187 742
Total Interest Income 31,085 27,998
Interest expense    
Deposits 1,948 1,838
Repurchase agreements 1 2
Note payable 4 251
Junior subordinated debt 93 74
Total interest expense 2,046 2,165
Net interest income 29,039 25,833
Provision for loan losses 865 960
Net interest income after provision for loan losses 28,174 24,873
Noninterest income    
Deposit account service charges 1,478 1,500
Net gain on sale of assets 130 364
Card interchange fees 927 832
Earnings on bank-owned life insurance 451 326
Other 375 426
Total noninterest Income 3,361 3,448
Noninterest expense    
Salaries and employee benefits 12,695 11,424
Net occupancy expense 2,265 2,233
Regulatory fees 545 610
Data processing 683 642
Printing, stationery and office 411 347
Amortization of intangibles 255 278
Professional and director fees 919 625
Correspondent bank and customer related transaction expenses 67 74
Loan processing costs 118 72
Advertising, marketing and business development 506 179
Repossessed real estate and other asset expense 57 118
Security and protection expense 302 372
Telephone and communications 386 354
Other expenses 1,075 1,099
Total noninterest Expense 20,284 18,427
Net income before income tax expense 11,251 9,894
Income tax expense 2,139 3,032
Net income $ 9,112 $ 6,862
Earnings per common share    
Basic $ 0.37 $ 0.31
Diluted $ 0.37 $ 0.31