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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Interest income:    
Loans, including fees $ 27,169 $ 14,028
Taxable securities 1,805 1,559
Nontaxable securities 1,109 726
Federal funds sold 30 3
Other interest income 196 20
Total interest income 30,309 16,336
Interest expense:    
Deposits 2,047 1,161
Securities sold under agreements to repurchase 16 18
Federal Home Loan Bank advances 40 42
Note payable 250  
Total interest expense 2,353 1,221
Net interest income 27,956 15,115
Provision for loan losses 878 556
Net interest income after provision for loan losses 27,078 14,559
Noninterest income:    
Service charges and fees 2,479 1,893
Investment brokerage revenue 221 199
Mortgage operations 1,419 205
Bank owned life insurance income 431 307
Net gain on sale of investment securities 24 24
Other noninterest income 315 269
Total noninterest income 4,889 2,897
Noninterest expense:    
Salaries and employee benefits 11,161 6,284
Occupancy expenses 1,526 941
Equipment rentals, depreciation, and maintenance 805 474
Telephone and communications 207 131
Advertising and business development 324 459
Data processing 1,825 2,395
Foreclosed assets, net 77 167
Federal deposit insurance and other regulatory assessments 384 319
Legal and other professional services 691 1,022
Other operating expense 3,560 1,629
Total noninterest expense 20,560 13,821
Income before income taxes 11,407 3,635
Provision for income taxes 3,504 1,266
Net income $ 7,903 $ 2,369
Basic net earnings per common share $ 1.57 $ 0.79
Diluted net earnings per common share $ 1.55 $ 0.76