| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Interest income | ||||||
Interest and fees on loans | ||||||
17,489 | 15,846 | 15,221 | 12,923 | 11,643 | ||
Interest on securities | ||||||
972 | 654 | 528 | 473 | 506 | ||
Interest on other interest-earning assets | ||||||
484 | 362 | 214 | 104 | - | ||
Total interest income | ||||||
18,946 | 16,863 | 15,964 | 13,501 | - | ||
Interest on other interest-earning assets | ||||||
- | - | - | - | 74 | ||
Total interest income | ||||||
- | - | - | - | 12,223 | ||
Interest expense | ||||||
Interest on deposits | ||||||
3,799 | 2,430 | 1,672 | 1,475 | 1,371 | ||
Interest on borrowings | ||||||
1,020 | 743 | 599 | 208 | 62 | ||
Total interest expense | ||||||
4,820 | 3,173 | 2,271 | 1,684 | 1,433 | ||
Net interest income | ||||||
14,126 | 13,689 | 13,692 | 11,817 | 10,789 | ||
Provision for loan losses | ||||||
22 | 318 | 575 | 1,019 | - | ||
Provision for loan losses | ||||||
- | - | - | - | 694 | ||
Net interest income after provision for loan losses | ||||||
14,104 | 13,371 | 13,117 | 10,798 | 10,095 | ||
Noninterest income | ||||||
Gain on sale of loans | ||||||
272 | 129 | 11,450 | 10,687 | 4,847 | ||
Service charges and fees | ||||||
362 | 367 | 367 | - | - | ||
Loss on sale of securities | ||||||
- | - | -176 | - | - | ||
Service charges and fees | ||||||
- | - | - | 362 | 296 | ||
Loss on sale and impairments of other real estate | ||||||
- | - | - | -89 | -517 | ||
Loss on sale of securities | ||||||
- | - | - | 0 | 6 | ||
Bank owned life insurance | ||||||
370 | 365 | 211 | 173 | 131 | ||
Other | ||||||
14 | 38 | 52 | 80 | 138 | ||
Total noninterest income | ||||||
1,019 | 901 | 11,906 | 11,213 | 4,902 | ||
Noninterest expense | ||||||
Salaries and benefits | ||||||
6,619 | 6,131 | 14,415 | 13,142 | 8,304 | ||
Occupancy | ||||||
1,462 | 1,426 | 1,942 | - | - | ||
Occupancy | ||||||
- | - | - | 1,814 | 1,597 | ||
Data processing fees | ||||||
2,092 | 1,566 | 2,344 | 2,024 | 1,612 | ||
FDIC and other insurance expense | ||||||
181 | 206 | - | - | - | ||
FDIC and other insurance expense | ||||||
- | - | 186 | 232 | 258 | ||
Professional fees | ||||||
815 | 944 | 1,415 | 1,414 | 945 | ||
Merger-related expenses | ||||||
- | - | - | - | 99 | ||
Advertising | ||||||
260 | 170 | 453 | 310 | 220 | ||
Net other real estate expenses | ||||||
- | - | 0 | 4 | 23 | ||
Other | ||||||
1,061 | 1,276 | 1,935 | 1,946 | 1,596 | ||
Total noninterest expense | ||||||
12,491 | 11,722 | 22,694 | 20,888 | 14,658 | ||
Income from continuing operations before provision for income taxes | ||||||
2,632 | 2,549 | 2,329 | 1,123 | 340 | ||
Provision for income taxes | ||||||
665 | 674 | 1,968 | -4,171 | 20 | ||
Net income from continuing operations | ||||||
1,966 | 1,875 | - | - | - | ||
Discontinued operations | ||||||
Loss from discontinued operations | ||||||
-1,683 | -1,060 | - | - | - | ||
Benefit for income taxes | ||||||
-427 | -259 | - | - | - | ||
Net loss from discontinued operations | ||||||
-1,255 | -801 | - | - | - | ||
NET INCOME | ||||||
710 | 1,073 | 360 | 5,295 | 320 | ||
Other comprehensive income | ||||||
Unrealized gain on available-for-sale securities | ||||||
943 | -223 | 143 | - | - | ||
Tax effect of unrealized gain on available-for-sale securities | ||||||
240 | -57 | 54 | - | - | ||
Unrealized gain on available-for-sale securities, net of tax | ||||||
703 | -166 | 89 | -147 | -67 | ||
COMPREHENSIVE INCOME | ||||||
1,413 | 907 | 449 | 5,147 | 253 | ||
Earnings per common share - Basic | ||||||
Earnings per common share - continuing operations (in dollars per share) | ||||||
0.64 | 0.59 | - | - | - | ||
Loss per common share - discontinued operations (in dollars per share) | ||||||
-0.41 | -0.26 | - | - | - | ||
Earnings per common share - Basic (in dollars per share) | ||||||
0.23 | 0.33 | 0.11 | 1.57 | 0.09 | ||
Earnings per common share - Diluted | ||||||
Earnings per common share - continuing operations (in dollars per share) | ||||||
0.64 | 0.59 | - | - | - | ||
Loss per common share - discontinued operations (in dollars per share) | ||||||
-0.41 | -0.26 | - | - | - | ||
Earnings per common share - Diluted (in dollars per share) | ||||||
0.23 | 0.33 | 0.11 | 1.57 | 0.09 | ||