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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest income:      
Loans, including fees $ 49,120 $ 41,087 $ 28,394
Investment securities and interest bearing deposits in banks 7,071 2,723 834
FHLB dividends 446 356 307
FRB dividends 223 87 90
Total interest and dividend income 56,860 44,253 29,625
Interest expense:      
Deposits 4,462 3,908 3,074
Other borrowings 480 404 0
Total interest expense 4,942 4,312 3,074
Net interest income 51,918 39,941 26,551
Provision for loan losses 1,842 462 598
Net interest income after provision for loan losses 50,076 39,479 25,953
Noninterest income:      
Gain on sale of loans 2,061 2,173 0
Service charges and other fees 2,010 1,249 607
Loan servicing fees and other income 1,243 566 331
Gain on sale of OREO 70 252 0
Other income 1,698 554 420
Total noninterest income 7,082 4,794 1,358
Noninterest expense:      
Salaries and employee benefits 21,444 17,018 10,611
Occupancy and equipment 4,259 3,227 2,147
Data processing 3,806 4,735 1,386
Other 7,160 5,144 2,819
Total noninterest expense 36,669 30,124 16,963
Income before provision for income taxes 20,489 14,149 10,348
Provision for income taxes 5,996 8,889 4,436
Net income $ 14,493 $ 5,260 $ 5,912
Earnings per common share:      
Basic earnings per common share $ 1.50 $ 0.81 $ 1.10
Weighted average shares outstanding 9,692,009 6,520,230 5,441,085
Diluted earnings per common share $ 1.50 $ 0.81 $ 1.09
Weighted average shares outstanding 9,692,009 6,520,230 5,449,998