Consolidated Statements of Earnings - USD ($) $ in Thousands |
12 Months Ended |
Dec. 31, 2016 |
Dec. 31, 2015 |
Dec. 31, 2014 |
| Interest and dividend income: |
|
|
|
| Interest and fees on loans |
$ 71,225
|
$ 52,720
|
$ 29,812
|
| Interest and dividends on taxable investment securities |
1,813
|
1,154
|
1,178
|
| Interest on non-taxable investment securities |
802
|
466
|
169
|
| Interest on interest-bearing deposits and federal funds sold |
723
|
505
|
183
|
| Total interest income |
74,563
|
54,845
|
31,342
|
| Interest expense: |
|
|
|
| Interest on deposits |
6,127
|
4,354
|
2,427
|
| Interest on borrowings |
294
|
442
|
442
|
| Interest on subordinated debt |
960
|
|
|
| Total interest expense |
7,381
|
4,796
|
2,869
|
| Net interest income |
67,182
|
50,049
|
28,473
|
| Provision for loan losses |
3,248
|
1,113
|
978
|
| Net interest income after provision for loan losses |
63,934
|
48,936
|
27,495
|
| Other income: |
|
|
|
| Service charges and fees on deposit accounts |
2,019
|
1,288
|
714
|
| Mortgage origination and fee income |
6,975
|
5,278
|
3,752
|
| Merchant sponsorship revenue |
2,168
|
861
|
|
| Income from bank-owned life insurance |
810
|
433
|
242
|
| Wealth management fees |
49
|
53
|
58
|
| Gain (loss) on other real estate |
244
|
(24)
|
13
|
| Loss on sale of investment securities available-for-sale |
|
|
(33)
|
| Other |
1,691
|
570
|
286
|
| Total other income |
13,956
|
8,459
|
5,032
|
| Other expense: |
|
|
|
| Salaries and employee benefits |
27,735
|
21,364
|
13,379
|
| Commission-based compensation |
4,091
|
3,744
|
2,136
|
| Occupancy and equipment |
4,640
|
3,584
|
1,944
|
| Core deposit intangible amortization |
756
|
508
|
18
|
| Other |
11,857
|
11,045
|
5,976
|
| Total other expense |
49,079
|
40,245
|
23,453
|
| Earnings before income taxes |
28,811
|
17,150
|
9,074
|
| Income tax expense |
9,394
|
5,476
|
3,159
|
| Net earnings |
19,417
|
11,674
|
5,915
|
| Less: Net earnings attributable to noncontrolling interest |
1,564
|
2,069
|
512
|
| Net earnings attributable to National Commerce Corporation |
$ 17,853
|
$ 9,605
|
$ 5,403
|
| Basic earnings per common share (in dollars per share) |
$ 1.64
|
$ 1.04
|
$ 0.92
|
| Diluted earnings per common share (in dollars per share) |
$ 1.61
|
$ 1.02
|
$ 0.91
|