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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest and fees on loans:      
Taxable $ 36,078 $ 32,034 $ 26,461
Tax-exempt 64 13 30
Interest on securities:      
Taxable 1,322 1,095 962
Tax-exempt 220 162 64
Other interest income 299 209 152
Total interest income 37,983 33,513 27,669
INTEREST EXPENSE:      
Deposits 3,322 3,251 3,218
Borrowings 1,563 1,142 924
Total interest expense 4,885 4,393 4,142
Net interest income 33,098 29,120 23,527
Provision for loan losses 600 1,204 1,200
Net interest income after provision for loan losses 32,498 27,916 22,327
OTHER INCOME:      
Deposit service fees 995 836 701
Income from mortgage loans sold on the secondary market 1,575 1,071 637
SBA/USDA loan sale gains 897 610 757
Mortgage servicing (amortization) income (40) 547 675
Net realized security gains 150 455 54
Other 576 370 288
Total other income 4,153 3,889 3,112
OTHER EXPENSE:      
Salaries and employee benefits 14,625 12,449 10,303
Occupancy 2,680 2,424 2,129
Furniture and equipment 1,749 1,551 1,268
Data processing 1,620 1,381 1,150
Advertising 620 507 449
Professional service fees 1,169 1,270 1,163
Loan origination expenses and deposit and card related fees 1,100 955 699
Writedowns and losses on other real estate held for sale 202 332 280
FDIC insurance assessment 488 506 362
Telephone 528 455 327
Transaction related expenses 3,101   2,475
Other 2,003 2,046 2,005
Total other expenses 29,885 23,876 22,610
Income before provision for income taxes 6,766 7,929 2,829
Provision for income taxes 2,283 2,333 1,129
NET INCOME $ 4,483 $ 5,596 $ 1,700
INCOME PER COMMON SHARE:      
Basic (in dollars per share) $ 0.72 $ 0.90 $ 0.30
Diluted (in dollars per share) $ 0.72 $ 0.89 $ 0.30