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Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
INTEREST INCOME:    
Loans, including fees $ 37,345 $ 21,659
Securities 1,081 878
Other investments 173 110
Federal funds sold 1  
Deposits in financial institutions 124 55
Total interest income 38,724 22,702
INTEREST EXPENSE:    
Transaction and savings deposits 1,150 682
Certificates and other time deposits 2,763 1,474
Subordinated debentures 237  
Other borrowed funds 346 30
Total interest expense 4,496 2,186
NET INTEREST INCOME 34,228 20,516
PROVISION FOR LOAN LOSSES 16,000 1,505
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 18,228 19,011
NONINTEREST INCOME:    
Customer service fees 1,404 863
Loan fees 699 371
Gain on sale of held-for-sale loans, net 41 75
Gain on sale of guaranteed portion of loans, net 1,138 645
Other 873 131
Total noninterest income 4,155 2,085
NONINTEREST EXPENSE:    
Salaries and employee benefits 11,979 8,757
Occupancy 2,030 1,460
Professional and regulatory fees 1,922 1,467
Data processing 970 644
Software license and maintenance 476 362
Marketing 298 148
Loan related 243 109
Real estate acquired by foreclosure, net 300 13
Other 1,269 796
Total noninterest expense 19,487 13,756
INCOME BEFORE INCOME TAXES 2,896 7,340
PROVISION FOR INCOME TAXES 1,057 2,691
NET INCOME $ 1,839 $ 4,649
EARNINGS PER SHARE:    
Basic (in dollars per share) $ 0.05 $ 0.18
Diluted (in dollars per share) $ 0.05 $ 0.18