| Dec'19 | Dec'18 | Dec'17 | Dec'16 | |||
|---|---|---|---|---|---|---|
Interest income: | ||||||
Interest and fees on loans | ||||||
85,667 | 76,837 | 61,516 | 50,058 | |||
Interest on tax-exempt investment securities | ||||||
154 | 159 | 186 | 147 | |||
Interest on investment securities | ||||||
3,802 | 3,565 | 2,428 | 1,594 | |||
Interest and dividends on other interest-earning assets | ||||||
3,322 | 3,138 | 1,137 | 796 | |||
Total interest income | ||||||
92,945 | 83,699 | 65,267 | 52,595 | |||
Interest expense: | ||||||
Interest on deposits | ||||||
23,439 | 17,340 | 9,749 | 7,009 | |||
Interest on borrowings | ||||||
472 | 611 | 348 | 5 | |||
Total interest expense | ||||||
23,911 | 17,951 | 10,097 | 7,014 | |||
Net interest income | ||||||
69,034 | 65,748 | 55,170 | 45,581 | |||
Provision (reversal) for loan losses | ||||||
4,237 | 1,231 | 1,827 | 2,283 | |||
Net interest income after provision for loan losses | ||||||
64,797 | 64,517 | 53,343 | 43,298 | |||
Noninterest income: | ||||||
Service charges and fees on deposits | ||||||
2,551 | 2,439 | 2,199 | 2,221 | |||
Loan servicing income | ||||||
2,309 | 2,160 | 2,446 | 2,159 | |||
Gain (Loss) on Sales of Loans, Net | ||||||
5,996 | 5,560 | 9,000 | 8,912 | |||
Debt Securities, Available-for-sale, Realized Gain (Loss) | ||||||
786 | 0 | 0 | 8 | |||
Other income | ||||||
1,234 | 1,234 | 1,071 | 1,083 | |||
Total noninterest income | ||||||
11,869 | 10,454 | 13,894 | 13,619 | |||
Noninterest expense: | ||||||
Salaries and employee benefits | ||||||
26,139 | 24,473 | 22,829 | 19,944 | |||
Occupancy and equipment | ||||||
5,545 | 4,992 | 4,426 | 4,337 | |||
Professional fees | ||||||
2,730 | 2,176 | 1,842 | 1,997 | |||
Marketing and business promotion | ||||||
1,550 | 2,010 | 1,647 | 1,449 | |||
Data processing | ||||||
1,365 | 1,220 | 1,074 | 943 | |||
Director fees and expenses | ||||||
751 | 942 | 757 | 708 | |||
Loan related expenses | ||||||
- | - | - | 341 | |||
Regulatory assessments | ||||||
551 | 544 | 423 | 460 | |||
Other expenses | ||||||
3,684 | 3,869 | 2,897 | 2,335 | |||
Total noninterest expense | ||||||
42,315 | 40,226 | 35,895 | 32,514 | |||
Income before income taxes | ||||||
34,351 | 34,745 | 31,342 | 24,403 | |||
Income tax expense | ||||||
10,243 | 10,444 | 14,939 | 10,401 | |||
Net Income (Loss) Attributable to Parent | ||||||
24,108 | 24,301 | 16,403 | 14,002 | |||
Earnings Per Share, Basic | ||||||
1.52 | 1.69 | 1.22 | 1.12 | |||
Earnings Per Share, Diluted | ||||||
1.49 | 1.65 | 1.21 | 1.11 | |||
Weighted Average Number of Shares Outstanding, Basic | ||||||
15,873 | 14,397 | 13,408 | 12,532 | |||
Weighted Average Number of Shares Outstanding, Diluted | ||||||
16,172 | 14,691 | 13,540 | 12,607 | |||
Service charges and fees on deposits | ||||||
Service charges and fees on deposits | ||||||
1,544 | 1,500 | 1,377 | 1,457 | |||