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CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
INTEREST INCOME    
Loans $ 16,585 $ 13,396
Investment securities and other interest-earning assets 1,437 839
Total interest income 18,022 14,235
INTEREST EXPENSE    
Deposits 1,069 1,019
FHLB advances and other borrowings 243 240
Subordinated debentures 75 77
Total interest expense 1,387 1,336
NET INTEREST INCOME BEFORE PROVISION FOR LOAN LOSSES 16,635 12,899
PROVISION FOR LOAN LOSSES 949 296
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES 15,686 12,603
NONINTEREST INCOME    
Loan servicing fees 856 326
Deposit fees 454 440
Net gain from sales of loans 548 723
Net gain from sales of investment securities 62  
Other-than-temporary impairment recovery (loss) on investment securities, net 13 (30)
Other income 119 265
Total noninterest income 2,052 1,724
NONINTEREST EXPENSE    
Compensation and benefits 6,891 5,097
Premises and occupancy 1,588 1,293
Data processing and communications 1,131 635
Other real estate owned operations, net 13 37
FDIC insurance premiums 237 140
Legal, audit and professional expense 593 595
Marketing expense 176 206
Office and postage expense 369 263
Loan expense 184 248
Deposit expense 761 160
Merger related expense 626 1,745
Other expense 972 760
Total noninterest expense 13,541 11,179
NET INCOME BEFORE INCOME TAX 4,197 3,148
INCOME TAX 1,565 1,176
NET INCOME $ 2,632 $ 1,972
EARNINGS PER SHARE    
Basic (in dollars per share) $ 0.15 $ 0.14
Diluted (in dollars per share) $ 0.15 $ 0.13
WEIGHTED AVERAGE SHARES OUTSTANDING    
Basic (in shares) 17,041,594 14,355,407
Diluted (in shares) 17,376,001 15,117,216