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Condensed Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Interest Income    
Loans $ 24,612 $ 15,783
Investment securities:    
Trading 989 1,376
Available for sale 1,542 894
Federal Home Loan Bank stock 129 81
Other 1,766 873
Total interest income 29,038 19,007
Interest Expense    
Deposits 7,016 3,771
Borrowed funds 1,914 1,705
Total interest expense 8,930 5,476
Net interest income 20,108 13,531
Provision for loan losses 1,406 240
Net Interest Income After Provision for Loan Losses 18,702 13,291
Non interest Income    
Gain on sale of loans 10,892 5,442
Loan servicing fees (costs), net (322) 1,989
Mortgage warehouse fees 486 596
Other income 257 64
Total noninterest income 11,313 8,091
Noninterest Expense    
Salaries and employee benefits 6,487 3,892
Loan expenses 956 884
Occupancy and equipment 565 356
Professional fees 488 215
Deposit insurance expense 246 264
Technology expense 291 245
Other expense 1,237 785
Total noninterest expense 10,270 6,641
Income Before Income Taxes 19,745 14,741
Provision for Income Taxes 4,684 5,611
Net Income 15,061 9,130
Dividends on Preferred Stock (833) (832)
Net Income allocated to Common Shareholders $ 14,228 $ 8,298
Basic earnings per share (in dollar per share) $ 0.50 $ 0.39
Diluted earnings per share (in dollar per share) $ 0.50 $ 0.39
Weighted-average shares outstanding Basic (in Shares) 28,690,876 21,114,400
Weighted-average shares outstanding Diluted (in Shares) 28,710,480 21,123,257
Dividends per share $ 0.06 $ 0.05