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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest income:    
Interest and fees on loans $ 9,384 $ 8,451
Interest on taxable securities 789 784
Interest on tax-exempt securities 530 594
Interest on interest-bearing deposits in other banks 114 75
Total interest income 10,817 9,904
Service charges on deposit accounts 127 72
ATM and point of sale fees 266 92
Fees on payroll and benefit processing 191 160
Life insurance 646 156
Gain on sale of investment securities, net 66 94
Federal Home Loan Bank of San Francisco dividends 103 90
Other income 143 285
Total noninterest income 1,542 949
Interest expense:    
Interest on demand deposits 148 122
Interest on savings deposits 47 45
Interest on certificates of deposit 529 597
Interest on term debt 293 782
Interest on junior subordinated debentures 66 54
Total interest expense 1,083 1,600
Net interest income 9,734 8,304
Provision for loan and lease losses 200
Net interest income after provision for loan and lease losses 9,534 8,304
Noninterest expense:    
Salaries and related benefits 4,858 4,229
Premises and equipment 1,048 789
Federal Deposit Insurance Corporation insurance premium 48 156
Data processing fees 407 304
Professional service fees 393 436
Telecommunications 211 147
Branch acquisition costs 412
Loss on cancellation of interest rate swap 2,325
Other expenses 1,096 1,203
Total noninterest expense 8,061 10,001
Income (loss) before provision for income taxes 3,015 (748)
Provision for income taxes 763 212
Net income (loss) $ 2,252 $ (960)
Earnings (loss) per share - basic (in dollars per share) $ 0.17 $ (0.07)
Weighted average shares - basic (in shares) 13,416 13,360
Earnings (loss) per share - diluted (in dollars per share) $ 0.17 $ (0.07)
Weighted average shares - diluted (in shares) 13,521 13,360