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Unaudited Consolidated Statements of Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Interest Income:        
Interest and Fees on Loans $ 39,918 $ 24,408 $ 98,697 $ 70,701
Interest and Dividends on Securities 2,474 1,783 6,380 5,486
Interest on Federal Funds Sold and Due From Banks 69 129 291 616
Total Interest Income 42,461 26,320 105,368 76,803
Interest Expense:        
Interest on Deposits 4,345 5,050 13,826 14,845
Interest on Borrowings 1,184 1,012 3,480 2,387
Total Interest Expense 5,529 6,062 17,306 17,232
Net Interest Income 36,932 20,258 88,062 59,571
Provision for Loan Losses 2,491 479 9,301 2,414
Net Interest Income after Provision for Loan Losses 34,441 19,779 78,761 57,157
Other Income:        
Service Charges on Deposit Accounts 1,592 1,035 3,686 3,007
Gain on Sales of Securities 95 26 120 84
Other Income 2,530 861 8,211 5,361
Total Other Income 4,217 1,922 12,017 8,452
Other Expenses:        
Salaries and Employee Benefits 15,430 8,793 42,486 26,101
Occupancy and Equipment Expense 3,228 2,135 8,007 5,913
Other Expenses 8,293 3,950 20,898 11,231
Total Other Expenses 26,951 14,878 71,391 43,245
Income Before Income Taxes 11,707 6,823 19,387 22,364
Provision for Income Taxes 2,098 1,312 3,227 4,351
Net Income $ 9,609 $ 5,511 $ 16,160 $ 18,013
Earnings Per Share:        
Basic (in dollars per share) $ 0.47 $ 0.41 $ 0.93 $ 1.35
Diluted (in dollars per share) $ 0.46 $ 0.40 $ 0.93 $ 1.32