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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest income:      
Interest and fees on loans $ 33,680 $ 27,236 $ 22,755
Interest on investment securities 997 839 613
Interest on deposits in other banks 241 182 132
Interest on other 2 2 2
Total interest income 34,920 28,259 23,502
Interest expense:      
Interest on deposit accounts 2,918 2,421 2,207
Interest on borrowings 543 498 254
Total interest expense 3,461 2,919 2,461
Net interest income 31,459 25,340 21,041
Provision for loan losses 868 1,423 1,883
Net interest income after provision for loan losses 30,591 23,917 19,158
Noninterest income:      
Service charges and fees on deposit accounts 1,326 1,099 1,001
Gain on sales of investment securities 7 34  
Gain on sales of loans 1,254 641 632
Gain (loss) on sales of other assets owned 19 10 20
Bank-owned life insurance 747 427 385
Other 351 285 353
Total noninterest income 3,704 2,496 2,391
Noninterest expense:      
Salaries and employee benefits 11,265 10,037 9,084
Occupancy and equipment 3,477 3,246 3,025
Professional fees 2,023 1,382 737
Data processing 1,216 1,041 842
FDIC assessment fees 448 421 378
Marketing 799 588 417
Other real estate owned expenses and writedowns 53 211 399
Amortization of intangibles 338 295 294
Telephone and communications 263 226 226
Other 1,506 1,056 962
Total noninterest expense 21,388 18,503 16,364
Net income from operations 12,907 7,910 5,185
Income tax expense 4,117 2,705 1,777
Net income 8,790 5,205 3,408
Preferred stock dividends 98 80 60
Net income available to common stockholders $ 8,692 $ 5,125 $ 3,348
Basic earnings per share (in dollars per share) $ 0.86 $ 0.73 $ 0.58
Diluted earnings per share (in dollars per share) $ 0.84 $ 0.72 $ 0.57