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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Interest and dividend income      
Loans, including fees $ 64,196 $ 51,198 $ 47,186
Taxable securities 4,770 3,745 3,319
Tax-exempt securities 3,976 3,153 2,666
Federal funds sold and other 735 498 396
Total interest and dividend income 73,677 58,594 53,567
Interest expense      
Deposits 3,758 2,342 1,996
Federal Home Loan Bank advances 2,471 695 405
Subordinated debentures 1,320 1,035 884
Securities sold under agreements to repurchase 21 20 23
Total interest expense 7,570 4,092 3,308
Net interest income 66,107 54,502 50,259
Provision (credit) for loan losses 780   (1,300)
Net interest income after provision (credit) for loan losses 65,327 54,502 51,559
Noninterest income      
Service charges 5,208 4,777 4,832
Net gain (loss) on sale of securities (413) 12 19
Net gain on equity securities 26    
Net gain on sale of loans 1,621 1,745 1,750
ATM/Interchange fees 2,794 2,304 2,094
Wealth management fees 3,669 3,068 2,678
Bank owned life insurance 718 573 563
Tax refund processing fees 2,750 2,750 2,750
Computer center item processing fees 260 246 251
Net gain (loss) on sale of other real estate owned 18 (28) 152
Other 1,480 887 1,043
Total noninterest income 18,131 16,334 16,132
Noninterest expense      
Compensation expense 37,299 29,253 25,323
Net occupancy expense 3,363 2,689 2,700
Equipment expense 1,654 1,564 1,641
Contracted data processing 7,140 1,838 1,546
FDIC Assessment 536 502 611
State franchise tax 1,370 1,024 923
Professional services 4,229 2,300 1,895
Amortization of intangible assets 366 586 699
ATM expense 1,069 847 605
Marketing expense 1,182 817 929
Repossession expense 87 279 253
Other operating expenses 8,384 6,905 6,730
Total noninterest expense 66,679 48,604 43,855
Income before income taxes 16,779 22,232 23,836
Income taxes 2,640 6,360 6,619
Net income 14,139 15,872 17,217
Preferred stock dividends 959 1,244 1,501
Net income available to common shareholders $ 13,180 $ 14,628 $ 15,716
Earnings per common share, basic $ 1.10 $ 1.48 $ 1.96
Earnings per common share, diluted $ 1.02 $ 1.28 $ 1.57