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Consolidated Condensed Statements of (Loss) Income - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest Income    
Loans $ 51,460 $ 31,214
Investment securities:    
Taxable 1,834 1,365
Non-taxable 883 840
Interest-bearing deposits 230 285
FHLB stock dividends 115 215
Total interest income 54,522 33,919
Interest Expense    
Deposits 7,771 5,005
FHLB advances and other 1,006 276
Subordinated debentures 273 364
Notes payable 9 4
Total interest expense 9,059 5,649
Net interest income 45,463 28,270
Credit loss expense 43,786 212
Net interest income after credit loss expense 1,677 28,058
Non-interest Income    
Service fees and other charges 5,183 3,007
Insurance commissions 5,155 4,115
Mortgage banking income 848 1,841
Gain on sale of non-mortgage loans 234 89
Trust income 838 523
Income from Bank Owned Life Insurance 781 392
Other non-interest income 960 846
Total non-interest income 13,999 10,813
Non-interest Expense    
Compensation and benefits 17,585 14,085
Occupancy 3,731 2,241
FDIC insurance premium 492 273
Financial institutions tax 834 556
Data processing 3,040 2,297
Acquisition related charges 11,486  
Amortization of intangibles 1,245 299
Other non-interest expense 5,355 5,115
Total non-interest expense 43,768 24,866
Income before income taxes (28,092) 14,005
Federal income taxes (5,610) 2,523
Net (loss) income $ (22,482) $ 11,482
(Loss) earnings per common share    
Basic $ (0.71) $ 0.57
Diluted $ (0.71) $ 0.57