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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest income:    
Interest and fees on loans $ 17,920 $ 16,494
Interest on investments 4,618 2,983
Other interest income 156 33
Total interest income 22,694 19,510
Deposits:    
Interest bearing demand 413 312
Savings 11 10
Time 85 224
Other borrowings 26 0
Total interest expense 535 546
Net interest income 22,159 18,964
Loan loss provision (recovery) 0 (2,000)
Net interest income after loan loss provision (recovery) 22,159 20,964
Non-interest income:    
Service charges on deposit accounts 1,372 1,261
Card issuer and merchant services fees, net 1,835 1,643
Earnings on BOLI 258 242
Mortgage banking income, net 495 788
Swap fee income 666 515
SBA gain on sales and fee income 174 362
Other income 656 1,311
Total non-interest income 5,456 6,122
Non-interest expense:    
Salaries and employee benefits 13,029 11,130
Occupancy 2,680 1,366
Information technology 1,397 938
Equipment 448 357
Communications 610 541
Federal Deposit Insurance Corporation (FDIC) insurance 377 398
OREO expense 212 57
Professional services 1,598 957
Card issuer 909 863
Insurance 175 209
Other expenses 3,083 2,004
Total non-interest expense 24,518 18,820
Income before income taxes 3,097 8,266
Income tax provision (1,157) (3,148)
Net income $ 1,940 $ 5,118
Basic and diluted income per share:    
Net income per common share (in dollars per share) $ 0.03 $ 0.07
Net income per common share (diluted) (in dollars per share) $ 0.03 $ 0.07