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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Interest income:    
Interest and fees on loans $ 12,031 $ 10,729
Interest on taxable securities 1,764 1,209
Interest on tax-exempt securities 387 463
Interest on interest-bearing deposits in other banks 245 129
Total interest income 14,427 12,530
Interest expense:    
Interest on demand - interest-bearing 126 89
Interest on money market 289 132
Interest on savings 111 59
Interest on certificates of deposit 490 495
Interest on Federal Home Loan Bank of San Francisco borrowings 55 47
Interest on other borrowings 239 281
Interest on junior subordinated debentures 113 82
Total interest expense 1,423 1,185
Net interest income 13,004 11,345
Provision for loan and lease losses
Net interest income after provision for loan and lease losses 13,004 11,345
Noninterest income:    
Fees on payroll and benefit processing 171 169
Life insurance 129 129
Gain on sale of investment securities, net 92 36
Federal Home Loan Bank of San Francisco dividends 121 80
Gain on sale of OREO 23 16
Other income 87 110
Total noninterest income 1,057 982
Noninterest expense:    
Salaries and related benefits 5,729 4,855
Premises and equipment 992 1,071
Federal Deposit Insurance Corporation insurance premium 100 96
Data processing fees 559 432
Professional service fees 303 345
Telecommunications 173 216
Acquisition costs 1,930
Other expenses 1,137 1,018
Total noninterest expense 10,923 8,033
Income before provision for income taxes 3,138 4,294
Provision for income taxes 832 1,053
Net income $ 2,306 $ 3,241
Earnings per share - basic (in dollars per share) $ 0.13 $ 0.20
Weighted average shares - basic (in shares) [1] 17,489 16,225
Earnings per share - diluted (in dollars per share) $ 0.13 $ 0.20
Weighted average shares - diluted (in shares) 17,552 16,310
Deposit Account [Member]    
Noninterest income:    
Revenue from Contract with Customer $ 169 $ 176
Credit and Debit Card [Member]    
Noninterest income:    
Revenue from Contract with Customer $ 265 $ 266
[1] Excludes unvested restricted shares because they do not have dividend or voting rights