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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest income    
Interest and fees on taxable loans $ 9,717 $ 8,951
Interest and fees on tax-exempt loans 214 126
Interest and dividends on taxable investment securities 2,594 1,482
Interest and dividends on tax-exempt investment securities 174 125
Interest on federal funds sold and other interest-earning assets 63 77
Total interest income 12,762 10,761
Interest expense    
Demand-interest bearing 415 290
Money market and savings 609 553
Time deposits 141 175
Other borrowings 306 276
Total interest expense 1,471 1,294
Net interest income 11,291 9,467
Provision for loan losses 300 0
Net interest income after provision for loan losses 10,991 9,467
Non-interest income    
Loan advisory and servicing fees 603 599
Gain on sales of SBA loans 833 578
Service fees on deposit accounts 570 363
Gain on sale of investment securities 296  
Other than temporary impairment (2) (13)
Portion recognized in other comprehensive income (before taxes) 1 10
Net impairment loss on investment securities (1) (3)
Other non-interest income 111 40
Total non-interest income 2,412 1,577
Non-interest expenses    
Salaries and employee benefits 6,052 5,222
Occupancy 1,405 1,165
Depreciation and amortization 969 723
Legal 88 239
Other real estate owned 585 377
Advertising 129 151
Data processing 467 352
Insurance 206 180
Professional fees 360 325
Regulatory assessments and costs 342 292
Taxes, other 24 221
Other operating expenses 1,716 1,271
Total non-interest expense 12,343 10,518
Income before benefit for income taxes 1,060 526
Benefit for income taxes (25) (2)
Net income $ 1,085 $ 528
Net income per share    
Basic (in Dollars per share) $ 0.03 $ 0.01
Diluted (in Dollars per share) $ 0.03 $ 0.01