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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Interest Income:    
Loans, including fees $ 101,002 $ 86,469
Securities available-for-sale:    
Taxable 3,289 3,512
Tax-exempt 1,518 587
Federal funds sold and other earning assets 2,646 1,642
Total interest income 108,455 92,210
Interest Expense:    
Deposits 21,915 14,288
Securities sold under agreements to repurchase 23 45
Federal Home Loan Bank advances and other borrowings 296 630
Subordinated debt 2,341 603
Total interest expense 24,575 15,566
Net interest income 83,880 76,644
Provision for loan losses 2,599 2,936
Net interest income after provision for loan losses 81,281 73,708
Noninterest Income:    
Customer service fees 2,902 2,416
Gain on sale of securities 34 1
Mortgage banking 1,566 1,433
Interchange and debit card transaction fees 628 573
Merger termination fee 6,400 0
Other 3,785 2,161
Total noninterest income 15,315 6,584
Noninterest Expense:    
Salaries and employee benefits 36,635 30,630
Occupancy and equipment 6,716 6,303
FDIC insurance 140 786
Other real estate and loan related expenses 1,320 2,913
Advertising and marketing 983 873
Data processing 1,995 1,906
Professional services 2,375 2,694
Amortization of intangibles 1,368 976
Software as services contracts 2,195 2,054
Merger related and restructuring expenses 3,219 3,781
Other operating expenses 6,205 6,041
Total noninterest expenses 63,151 58,957
Income before income tax expense 33,445 21,335
Income tax expense 6,897 3,233
Net income $ 26,548 $ 18,102
Earnings per common share:    
Basic (in dollars per share) $ 1.90 $ 1.46
Diluted (in dollars per share) $ 1.89 $ 1.45
Weighted average common shares outstanding:    
Basic (in shares) 13,953,497 12,423,618
Diluted (in shares) 14,046,366 12,517,640