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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Interest and dividend income:    
Loans, including fees $ 36,840 $ 32,827
Securities 771 1,372
Money market funds   30
Overnight deposits 344 1,593
Other interest and dividends 151 245
Total interest income 38,106 36,067
Interest expense:    
Deposits 3,171 5,767
Borrowed funds   736
Trust preferred securities interest expense 108 190
Subordinated debt interest expense 405 405
Total interest expense 3,684 7,098
Net interest income 34,422 28,969
Provision for loan losses 950 4,790
Net interest income after provision for loan losses 33,472 24,179
Non-interest income:    
Unrealized gain (loss) on equity securities (41) 36
Gain on sale of securities   975
Total non-interest income 4,595 4,340
Non-interest expense:    
Compensation and benefits 11,428 9,960
Bank premises and equipment 2,024 2,500
Professional fees 1,304 955
Licensing fees and technology costs 3,001 3,806
Other expenses 2,566 2,295
Total non-interest expense 20,323 19,516
Net income before income tax expense 17,744 9,003
Income tax expense 5,627 2,906
Net income $ 12,117 $ 6,097
Earnings per common share:    
Basic earnings per common share (in dollars per share) $ 1.46 $ 0.73
Diluted earnings per common share (in dollars per share) $ 1.43 $ 0.72
Service charges on deposit accounts    
Non-interest income:    
Non-interest income $ 1,065 $ 1,081
Revenue, Product and Service [Extensible List] Service charges on deposit accounts Service charges on deposit accounts
Global payment group revenue    
Non-interest income:    
Non-interest income $ 3,267 $ 1,621
Revenue, Product and Service [Extensible List] Global payment group revenue Global payment group revenue
Other service charges and fees    
Non-interest income:    
Non-interest income $ 304 $ 627
Revenue, Product and Service [Extensible List] Other service charges and fees Other service charges and fees