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Consolidated Statements of Income - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Interest Income      
Loans $ 79,922,000 $ 62,563,000 $ 49,006,000
Investment securities:      
Trading 5,187,000 4,516,000 3,579,000
Available for sale 4,531,000 3,249,000 2,361,000
Federal Home Loan Bank stock 321,000 320,000 308,000
Other 4,426,000 2,291,000 1,091,000
Total interest income 94,387,000 72,939,000 56,345,000
Interest Expense      
Deposits 20,003,000 11,663,000 7,346,000
Borrowed funds 7,787,000 7,305,000 6,944,000
Total interest expense 27,790,000 18,968,000 14,290,000
Net interest income 66,597,000 53,971,000 42,055,000
Provision for loan losses 2,472,000 960,000 960,000
Net Interest Income After Provision for Loan Losses 64,125,000 53,011,000 41,095,000
Non interest Income      
Gain on sale of loans 37,790,000 24,755,000 24,803,000
Loan servicing fees (costs), net 6,273,000 280,000 836,000
Mortgage warehouse fees 2,608,000 3,015,000 1,193,000
Gains on sale of investments available for sale (includes $0, $24, and $0, respectively, related to accumulated other comprehensive earnings reclassifications)   24,000  
Other income 1,009,000 430,000 176,000
Total noninterest income 47,680,000 28,504,000 27,008,000
Noninterest Expense      
Salaries and employee benefits 21,472,000 14,313,000 11,962,000
Loan expenses 4,097,000 4,251,000 2,735,000
Occupancy and equipment 1,602,000 1,344,000 1,248,000
Professional fees 1,516,000 1,298,000 675,000
Deposit insurance expense 930,000 1,149,000 1,077,000
Technology expense 1,171,000 985,000 702,000
Other expense 3,856,000 3,380,000 2,523,000
Total noninterest expense 34,644,000 26,720,000 20,922,000
Income Before Income Taxes 77,161,000 54,795,000 47,181,000
Provision for Income Taxes (includes $0, $10, and $0, respectively, related to income tax expense for reclassification items) 22,477,000 21,668,000 18,798,000
Net Income 54,684,000 33,127,000 28,383,000
Dividends on Preferred Stock (3,330,000) (2,002,000) 0
Net Income allocated to Common Shareholders $ 51,354,000 $ 31,125,000 $ 28,383,000
Basic earnings per share (in dollar per share) $ 2.28 $ 1.47 $ 1.35
Diluted earnings per share (in dollar per share) $ 2.28 $ 1.47 $ 1.35
Weighted-average shares outstanding Basic (in Shares) 22,551,452 21,111,208 21,075,475
Weighted-average shares outstanding Diluted (in Shares) 22,568,154 21,113,435 21,075,475
Dividends per share $ 0.20 $ 0.20 $ 0.20