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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest income    
Loans $ 11,795 $ 10,400
Investment securities 489 376
Federal funds sold 45 25
Total interest income 12,329 10,801
Interest expense    
Deposits 988 768
Borrowings 1,034 963
Total interest expense 2,022 1,731
Net interest income 10,307 9,070
Provision for loan losses 625 625
Net interest income after provision for loan losses 9,682 8,445
Noninterest income    
Loan and mortgage fee income 1,517 1,196
Service fees on deposit accounts 220 227
Income from bank owned life insurance 186 166
Gain on sale of investment securities 307 259
Other income 329 293
Total noninterest income 2,559 2,141
Noninterest expenses    
Compensation and benefits 4,551 4,277
Occupancy 870 737
Real estate owned expenses 285 763
Data processing and related costs 598 585
Insurance 233 202
Professional fees 254 233
Marketing 231 238
Other 495 426
Total noninterest expenses 7,517 7,461
Income before income tax expense 4,724 3,125
Income tax expense 1,718 1,097
Net income available to common shareholders $ 3,006 $ 2,028
Earnings per common share    
Basic $ 0.48 $ 0.33
Diluted $ 0.45 $ 0.31
Weighted average common shares outstanding    
Basic 6,272,847 6,225,252
Diluted 6,663,432 6,514,873