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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest income:      
Loans $ 24,375 $ 17,554 $ 14,071
Securities 3,945 2,549 1,964
Interest earning deposits and other 631 291 133
Total interest income 28,951 20,394 16,168
Interest expense:      
Savings, NOW and money market deposits 908 424 414
Time deposits 275 93 72
Borrowings 29 21 25
Total interest expense 1,212 538 511
Net interest income 27,739 19,856 15,657
Provision for loan losses 1,375 905 595
Net interest income after provision for loan losses 26,364 18,951 15,062
Non-interest income:      
Net gains on securities available-for-sale     6
Total non-interest income 7,855 5,516 4,125
Non-interest expense:      
Employee compensation and benefits 13,039 10,072 8,244
Occupancy and equipment, net 1,736 1,557 1,604
Professional and consulting services 2,589 1,902 1,642
FDIC and regulatory assessments 321 256 211
Advertising and marketing 524 485 430
Travel and business relations 504 428 324
Data processing 1,896 1,709 1,369
Other operating expenses 1,686 1,024 775
Total non-interest expense 22,295 17,433 14,599
Net income before income taxes 11,924 7,034 4,588
Income tax expense 3,190 3,390 1,766
Net income $ 8,734 $ 3,644 $ 2,822
Earnings per common share      
Basic (in dollars per share) $ 1.18 $ 0.59 $ 0.56
Diluted (in dollars per share) $ 1.13 $ 0.58 $ 0.55
Merchant processing income      
Non-interest income:      
Non-interest income $ 4,961 $ 3,322 $ 3,080
Customer related fees and service charges      
Non-interest income:      
Non-interest income $ 2,894 $ 2,194 $ 1,039