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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Interest and fees on loans:    
Taxable $ 51,407 $ 41,770
Tax-exempt 123 95
Interest on securities:    
Taxable 2,408 1,606
Tax-exempt 338 298
Other interest income 1,101 607
Total interest income 55,377 44,376
INTEREST EXPENSE:    
Deposits 6,492 4,361
Borrowings 1,755 2,077
Total interest expense 8,247 6,438
Net interest income 47,130 37,938
Provision for loan losses 500 625
Net interest income after provision for loan losses 46,630 37,313
OTHER INCOME:    
Deposit service fees 1,441 1,056
Income from mortgage loans sold on the secondary market 1,289 1,373
SBA/USDA loan sale gains 661 867
Net mortgage servicing fees (amortization) 197 (31)
Net realized security gains   231
Other 675 545
Total other income 4,263 4,041
OTHER EXPENSE:    
Salaries and employee benefits 20,064 15,490
Occupancy 3,640 3,104
Furniture and equipment 2,548 2,209
Data processing 2,503 2,037
Advertising 905 711
Professional service fees 1,575 1,534
Loan origination expenses and deposit and card related fees 1,166 1,335
Writedowns and losses on other real estate held for sale 182 388
FDIC insurance assessment 700 731
Telephone 726 604
Transaction related expenses 2,951 50
Other 3,340 2,143
Total other expenses 40,300 30,336
Income before provision for income taxes 10,593 11,018
Provision for income taxes 2,226 5,539
NET INCOME $ 8,367 $ 5,479
INCOME PER COMMON SHARE:    
Basic (in dollars per share) $ 0.94 $ 0.87
Diluted (in dollars per share) $ 0.94 $ 0.87