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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Interest income:      
Interest and fees on loans $ 79,104 $ 68,484 $ 58,155
Interest on investments 15,441 11,687 8,982
Other investment income 732 216 237
Total interest income 95,277 80,387 67,374
Interest expense:      
Interest bearing demand 1,867 1,333 982
Savings 62 40 31
Time 192 493 1,270
Other borrowings 33 6 6
Total interest expense 2,154 1,872 2,289
Net interest income 93,123 78,515 65,085
Loan loss recovery 0 (4,000) 0
Net interest income after loan loss provision 93,123 82,515 65,085
Non-interest income:      
Service charges on deposit accounts 6,578 5,121 4,621
Card issuer and merchant services fees, net 9,722 7,052 6,213
Earnings on BOLI 1,190 1,001 986
Mortgage banking income, net 3,396 2,617 2,296
Swap fee income 2,483 2,533 1,847
SBA gain on sales and fee income 1,519 1,294 1,120
Gain on sales of investments 0 475 0
ATM income 1,712 876 641
Other income 2,846 4,004 2,447
Total non-interest income 29,446 24,973 20,171
Non-interest expense:      
Salaries and employee benefits 52,414 43,744 41,421
Occupancy 8,420 5,200 9,131
Information technology 5,436 3,675 4,346
Equipment 2,272 1,539 1,963
Communications 2,497 2,130 2,263
FDIC insurance 1,899 1,321 1,517
OREO expense 171 68 988
Professional services 6,382 5,327 8,121
Card issuer 4,045 2,836 2,903
Insurance 681 732 1,214
CDI Amortization 1,316 820 513
Other expenses 9,697 7,004 6,961
Total non-interest expense 95,230 74,396 81,341
Income before income taxes 27,339 33,092 3,915
Income tax provision (10,568) (12,513) (178)
Net income $ 16,771 $ 20,579 $ 3,737
Basic and diluted income per share:      
Net income per common share (basic) (in dollars per share) $ 0.23 $ 0.29 $ 0.06
Net income per common share (diluted) (in dollars per share) $ 0.23 $ 0.29 $ 0.06