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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest income:    
Loans $ 7,192 $ 5,289
Securities 1,065 865
Interest earning deposits and other 226 116
Total interest income 8,483 6,270
Interest expense:    
Savings, NOW and money market deposits 429 121
Time deposits 125 48
Borrowings 1 5
Total interest expense 555 174
Net interest income 7,928 6,096
Provision for loan losses 425 225
Net interest income after provision for loan losses 7,503 5,871
Non-interest income:    
Total non-interest income 2,081 2,075
Non-interest expense:    
Employee compensation and benefits 3,436 3,061
Occupancy and equipment, net 439 426
Professional and consulting services 494 628
FDIC and regulatory assessments 86 72
Advertising and marketing 68 125
Travel and business relations 112 157
Data processing 506 484
Other operating expenses 340 320
Total non-interest expense 5,481 5,273
Net income before income taxes 4,103 2,673
Income tax expense 1,118 715
Net income $ 2,985 $ 1,958
Earnings per share    
Basic (in dollars per share) $ 0.40 $ 0.27
Diluted (in dollars per share) $ 0.39 $ 0.26
Merchant processing income    
Non-interest income:    
Noninterest income $ 1,814 $ 1,021
Customer related fees and service charges    
Non-interest income:    
Noninterest income $ 267 $ 1,054