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Consolidated Statements of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Interest income:        
Loans (including fee income) $ 35,770 $ 30,252 $ 71,383 $ 59,635
Mortgage-backed securities, CMOs and other asset-backed securities 3,825 3,898 7,549 7,715
U.S. GSE securities 243 301 522 601
State and municipal obligations 747 1,010 1,559 2,005
Corporate bonds 358 293 713 583
Deposits with banks 106 71 196 117
Other interest and dividend income 502 409 993 795
Total interest income 41,551 36,234 82,915 71,451
Interest expense:        
Savings, NOW and money market deposits 3,438 1,812 5,952 3,363
Certificates of deposit of $100,000 or more 582 431 1,099 810
Other time deposits 493 179 688 357
Federal funds purchased and repurchase agreements 57 355 1,172 671
Federal Home Loan Bank advances 1,917 1,529 3,266 2,678
Subordinated debentures 1,135 1,135 2,270 2,270
Junior subordinated debentures       48
Total interest expense 7,622 5,441 14,447 10,197
Net interest income 33,929 30,793 68,468 61,254
Provision for loan losses 400 950 1,200 1,750
Net interest income after provision for loan losses 33,529 29,843 67,268 59,504
Non-interest (loss) income:        
Service charges and other fees $ 2,562 $ 2,220 $ 4,725 $ 4,270
Type of Revenue [Extensible List] us-gaap:DepositAccountMember us-gaap:DepositAccountMember us-gaap:DepositAccountMember us-gaap:DepositAccountMember
Net securities losses $ (7,921)   $ (7,921)  
Title fee income 450 $ 541 955 $ 1,091
Gain on sale of loans 322   322  
Gain on sale of Small Business Administration loans 691 799 1,062 1,342
BOLI income 555 567 1,101 1,127
Other operating income 763 382 1,291 801
Total non-interest (loss) income (2,578) 4,509 1,535 8,631
Non-interest expense:        
Salaries and employee benefits 13,055 11,592 25,867 23,092
Occupancy and equipment 3,205 3,439 6,448 6,837
Technology and communications 1,568 1,390 3,211 2,725
Marketing and advertising 1,240 1,577 2,202 2,488
Professional services 881 642 2,093 1,423
FDIC assessments 436 332 900 643
Amortization of other intangible assets 242 274 488 553
Other operating expenses 1,880 1,760 3,896 3,541
Total non-interest expense 22,507 21,006 45,105 41,302
Income before income taxes 8,444 13,346 23,698 26,833
Income tax expense 1,701 4,505 4,882 8,821
Net income $ 6,743 $ 8,841 $ 18,816 $ 18,012
Basic earnings per share (in dollars per share) $ 0.34 $ 0.45 $ 0.95 $ 0.91
Diluted earnings per share (in dollars per share) $ 0.34 $ 0.45 $ 0.95 $ 0.91