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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Interest income:      
Loans (including fee income) $ 88,760 $ 57,628 $ 45,250
Mortgage-backed securities, CMOs and other assets-backed securities 11,173 10,644 6,956
State and municipal obligations 3,198 2,735 2,638
U.S. GSE securities 1,630 2,716 2,982
Corporate bonds 840 749 399
Deposits with banks 47 32 28
Other interest and dividend income 592 406 177
Total interest income 106,240 74,910 58,430
Interest expense:      
Savings, NOW and money market deposits 4,002 3,223 3,543
Certificates of deposit of $100 or more 929 767 1,079
Other time deposits 673 426 340
Federal funds purchased and repurchase agreements 474 588 505
Federal Home Loan Bank advances 1,425 1,091 440
Subordinated debentures 1,261    
Junior subordinated debentures 1,365 1,365 1,365
Total interest expense 10,129 7,460 7,272
Net interest income 96,111 67,450 51,158
Provision for loan losses 4,000 2,200 2,350
Net interest income after provision for loan losses 92,111 65,250 48,808
Non-interest income:      
Service charges on deposit accounts 3,737 3,206 3,174
Fees for other customer services 3,317 2,835 2,613
Title fee income 1,866 1,662 1,687
Net securities (losses) gains (8) (1,090) 659
Other operating income 3,756 1,553 758
Total non-interest income 12,668 8,166 8,891
Non-interest expense:      
Salaries and employee benefits 33,871 26,011 21,532
Occupancy and equipment 11,045 7,712 5,374
Technology and communications 3,599 3,175 2,594
Marketing and advertising 3,125 2,430 1,864
Professional services 2,327 1,537 1,340
FDIC assessments 1,593 1,265 924
Acquisition costs and branch restructuring 9,766 5,504 499
Amortization of other intangible assets 1,447 300 59
Other operating expenses 6,117 4,480 3,751
Total non-interest expense 72,890 52,414 37,937
Income before income taxes 31,889 21,002 19,762
Income tax expense 10,778 7,239 6,669
Net income $ 21,111 $ 13,763 $ 13,093
Basic earnings per share (in dollars per share) $ 1.43 $ 1.18 $ 1.36
Diluted earnings per share (in dollars per share) $ 1.43 $ 1.18 $ 1.36