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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Interest income:        
Interest and fees on loans $ 11,164 $ 9,758 $ 21,893 $ 19,142
Interest on taxable securities 1,278 872 2,487 1,661
Interest on tax-exempt securities 413 534 876 1,064
Interest on interest-bearing deposits in other banks 135 156 264 270
Total interest income 12,990 11,320 25,520 22,137
Interest expense:        
Interest on demand deposits 215 184 436 332
Interest on savings deposits 64 47 123 94
Interest on certificates of deposit 488 545 983 1,074
Interest on Federal Home Loan Bank of San Francisco borrowings 267 3 314 3
Interest on other borrowings 279 295 560 588
Interest on junior subordinated debentures 97 71 179 137
Total interest expense 1,410 1,145 2,595 2,228
Net interest income 11,580 10,175 22,925 19,909
Provision for loan and lease losses 300 500
Net interest income after provision for loan and lease losses 11,580 9,875 22,925 19,409
Noninterest income:        
Fees on payroll and benefit processing 146 147 315 338
Life insurance 127 135 256 781
Gain on sale of investment securities, net 4 35 40 101
Federal Home Loan Bank of San Francisco dividends 95 54 175 157
Gain (loss) on sale of OREO 12 16 (59)
Other income 115 182 225 325
Total noninterest income 962 995 1,944 2,466
Noninterest expense:        
Salaries and related benefits 4,513 4,147 9,368 9,005
Premises and equipment 1,016 1,054 2,087 2,102
Federal Deposit Insurance Corporation insurance premium 93 104 189 152
Data processing fees 471 451 903 857
Professional service fees 314 459 659 843
Telecommunications 178 223 394 434
Other expenses 1,086 1,288 2,104 2,323
Total noninterest expense 7,671 7,726 15,704 15,716
Income before provision for income taxes 4,871 3,144 9,165 6,159
Provision for income taxes 1,253 935 2,306 1,698
Net income $ 3,618 $ 2,209 $ 6,859 $ 4,461
Earnings per share - basic (in dollars per share) $ 0.22 $ 0.15 $ 0.42 $ 0.31
Weighted average shares - basic (in shares) [1] 16,245 15,014 16,237 14,220
Earnings per share - diluted (in dollars per share) $ 0.22 $ 0.15 $ 0.42 $ 0.31
Weighted average shares - diluted (in shares) 16,325 15,113 16,319 14,321
Deposit Account [Member]        
Noninterest income:        
Revenue from Contract with Customer $ 175 $ 142 $ 351 $ 269
Credit and Debit Card [Member]        
Noninterest income:        
Revenue from Contract with Customer $ 300 $ 288 $ 566 $ 554
[1] Excludes unvested restricted shares because they do not have dividend or voting rights