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Consolidated Statements of Income (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
INTEREST INCOME:        
Loans, including fees $ 17,986 $ 16,025 $ 34,962 $ 31,313
Securities 1,024 779 2,053 1,537
Other investments 81 78 159 156
Deposits in financial institutions 32 97 56 218
Total interest income 19,123 16,979 37,230 33,224
INTEREST EXPENSE:        
Demand and savings deposits 621 776 1,198 1,793
Certificates and other time deposits 1,760 1,975 3,570 3,761
Other borrowed funds 36 150 80 301
Total interest expense 2,417 2,901 4,848 5,855
NET INTEREST INCOME 16,706 14,078 32,382 27,369
PROVISION FOR LOAN LOSSES   346 1,223 1,127
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 16,706 13,732 31,159 26,242
NONINTEREST INCOME:        
Customer service fees 634 450 1,165 880
Loan fees 462 327 1,012 636
Gain on sale of guaranteed portion of loans 793 535 1,223 792
Other 89 213 185 285
Total noninterest income 1,978 1,525 3,585 2,593
NONINTEREST EXPENSE:        
Salaries and employee benefits 7,149 6,514 14,080 12,744
Occupancy 1,172 1,178 2,305 2,310
Professional and regulatory fees 1,767 851 2,547 1,614
Data processing 389 359 777 719
Software license and maintenance 341 232 656 429
Marketing 196 131 368 262
Loan related 85 132 202 227
Real estate acquired by foreclosure 62 (9) 231 (72)
Other 235 703 827 1,273
Total noninterest expense 11,396 10,091 21,993 19,506
INCOME BEFORE INCOME TAXES 7,288 5,166 12,751 9,329
PROVISION FOR INCOME TAXES 2,614 1,830 4,589 3,344
NET INCOME $ 4,674 $ 3,336 $ 8,162 $ 5,985
EARNINGS PER SHARE:        
Basic (in dollars per share) $ 0.22 $ 0.16 $ 0.39 $ 0.29
Diluted (in dollars per share) $ 0.22 $ 0.16 $ 0.39 $ 0.29