Quarterly Financial Data (unaudited) (Tables)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Data

The unaudited results of operations for the quarters for the years ended December 31, 2020 and 2019 were as follows:

(Dollars and shares in thousands, except per share data)
2020 Quarterly Financial Data:	Fourth		Third		Second		First
Interest income	$	51,334	$	50,612	$	49,980	$	52,019
Interest expense	6,813		6,758		6,462		9,551
Net interest income	44,521		43,854		43,518		42,468
(Reversal of provision) provision for credit losses	(8,721)		3,935		23,737		21,843
Net interest income after provision for credit losses	53,242		39,919		19,781		20,625
Noninterest income	20,139		21,805		18,000		18,384
Noninterest expense	41,734		38,527		35,960		38,777
Income before income taxes	31,647		23,197		1,821		232
Income tax expense (benefit)	5,773		5,078		(264)		(606)
Net income	$	25,874	$	18,119	$	2,085	$	838
Per share data:
Weighted average shares outstanding - basic earnings per share	29,237		29,189		29,149		29,218
Weighted average shares outstanding - diluted earnings per share	29,309		29,217		29,164		29,283
Basic earnings per share	$	0.88	$	0.62	$	0.07	$	0.03
Diluted earnings per share	$	0.88	$	0.62	$	0.07	$	0.03
Dividends declared per share	$	—	$	0.20	$	0.20	$	0.20

(Dollars and shares in thousands, except per share data)
2019 Quarterly Financial Data:	Fourth		Third		Second		First
Interest income	$	53,369	$	54,300	$	54,060	$	52,364
Interest expense	10,940		11,655		11,425		10,841
Net interest income	42,429		42,645		42,635		41,523
Provision for credit losses	2,225		1,533		2,073		2,680
Net interest income after provision for credit losses	40,204		41,112		40,562		38,843
Noninterest income	16,170		16,599		16,356		16,297
Noninterest expense	37,480		36,267		36,781		35,562
Income before income taxes	18,894		21,444		20,137		19,578
Income tax expense	3,384		3,782		3,669		3,499
Net income	$	15,510	$	17,662	$	16,468	$	16,079
Per share data:
Weighted average shares outstanding - basic earnings per share	29,232		29,211		29,181		29,146
Weighted average shares outstanding - diluted earnings per share	29,313		29,285		29,243		29,205
Basic earnings per share	$	0.53	$	0.60	$	0.56	$	0.55
Diluted earnings per share	$	0.53	$	0.60	$	0.56	$	0.55
Dividends declared per share	$	0.20	$	0.20	$	0.20	$	0.20