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Quarterly Results of Operations (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Summary of selected financial data by quarter
The following is a summary of selected financial data presented below by quarter for the periods indicated:
 
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
 
(dollars in thousands, except per share data)
For the year ended December 31, 2016:
 
 
 
 
 
 
 
 
Interest income
 
$
37,505

 
$
40,874

 
$
42,429

 
$
45,797

Interest expense
 
3,304

 
3,313

 
3,420

 
3,493

Provision for estimated loan losses
 
1,120

 
1,589

 
4,013

 
2,054

Noninterest income
 
4,848

 
4,450

 
5,968

 
4,318

Noninterest expense
 
23,633

 
23,695

 
25,860

 
25,377

Income tax provision
 
5,742

 
6,358

 
5,877

 
7,238

Net income
 
$
8,554

 
$
10,369

 
$
9,227

 
$
11,953

Earnings per share:
 
 

 
 

 
 
 
 
Basic
 
$
0.33

 
$
0.38

 
$
0.34

 
$
0.44

Diluted
 
$
0.33

 
$
0.37

 
$
0.33

 
$
0.43

For the year ended December 31, 2015:
 
 

 
 

 
 

 
 

Interest income
 
$
26,626

 
$
30,071

 
$
29,747

 
$
31,911

Interest expense
 
2,952

 
2,978

 
3,051

 
3,074

Provision for estimated loan losses
 
1,830

 
1,833

 
1,062

 
1,700

Noninterest income
 
1,470

 
4,380

 
4,378

 
4,217

Noninterest expense
 
20,469

 
17,214

 
17,374

 
18,539

Income tax provision
 
1,056

 
4,601

 
4,801

 
4,750

Net income (loss)
 
$
1,789

 
$
7,825

 
$
7,837

 
$
8,065

Earnings per share:
 
 

 
 

 
 

 
 

Basic
 
$
0.09

 
$
0.36

 
$
0.36

 
$
0.38

Diluted
 
$
0.09

 
$
0.36

 
$
0.36

 
$
0.37