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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
INTEREST INCOME:        
Interest and fees on loans $ 22,407 $ 14,412 $ 60,106 $ 42,083
Interest and dividends on securities:        
Taxable interest and dividends 2,369 1,600 6,778 4,742
Tax exempt interest 757 579 2,190 1,764
Interest on federal funds sold and interest bearing deposits in other banks 95 117 348 337
TOTAL INTEREST INCOME 25,628 16,708 69,422 48,926
INTEREST EXPENSE:        
Interest on deposits 2,782 1,375 7,169 3,836
Interest on borrowed funds 1,177 398 2,634 1,151
TOTAL INTEREST EXPENSE 3,959 1,773 9,803 4,987
NET INTEREST INCOME 21,669 14,935 59,619 43,939
PROVISION FOR LOAN LOSSES 412 90 1,546 384
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 21,257 14,845 58,073 43,555
OTHER INCOME:        
TOTAL OTHER INCOME 5,074 3,658 14,164 10,807
OTHER EXPENSES:        
Salaries and employee benefits 9,266 7,328 26,557 23,070
Occupancy and equipment 2,163 1,390 5,844 4,108
Acquisition and integration charges 4,059 48 9,655 6,327
Other 4,298 3,122 12,008 9,551
TOTAL OTHER EXPENSES 19,786 11,888 54,064 43,056
INCOME BEFORE INCOME TAXES 6,545 6,615 18,173 11,306
INCOME TAXES 1,383 1,901 3,809 3,104
NET INCOME APPLICABLE TO COMMON STOCKHOLDERS $ 5,162 $ 4,714 $ 14,364 $ 8,202
NET INCOME APPLICABLE TO COMMON STOCKHOLDERS:        
BASIC $ 0.39 $ 0.52 $ 1.14 $ 0.90
DILUTED 0.39 0.51 1.13 0.89
DIVIDENDS PER SHARE – COMMON $ 0.05 $ 0.0375 $ 0.15 $ 0.1125
Deposit Account [Member]        
OTHER INCOME:        
Other incomes $ 1,538 $ 902 $ 3,906 $ 2,692
Financial Service, Other [Member]        
OTHER INCOME:        
Other incomes $ 3,536 $ 2,756 $ 10,258 $ 8,115