22. Quarterly Unaudited Financial Data

The following tables set forth certain unaudited historical quarterly financial data for each of the eight consecutive quarters in 2018 and 2017. This information is derived from unaudited consolidated financial statements that include, in management’s opinion, all adjustments (consisting of normal recurring adjustments) necessary for a fair presentation when read in conjunction with the consolidated financial statements and notes thereto included elsewhere in this Form 10-K.

2018 (in thousands except per share data)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Total

Total Interest Income	$	30,428	$	32,161	$	34,065	$	36,799	$	133,453
Total Interest Expense		1,522		1,660		2,157		2,611		7,950
Net Interest Income		28,906		30,501		31,908		34,188		125,503
Provision for Credit Losses		333		500		2,500		2,200		5,533
Net Interest Income After
Provision for Credit Losses		28,573		30,001		29,408		31,988		119,970
Total Non-Interest Income		4,665		2,283		4,208		4,063		15,219
Total Non-Interest Expense		19,936		18,145		18,621		18,757		75,459
Income Before Income Taxes		13,302		14,139		14,995		17,294		59,730
Provision for Income Taxes		3,361		3,589		2,995		4,258		14,203
Net Income	$	9,941	$	10,550	$	12,000	$	13,036	$	45,527
Basic Earnings Per Common Share	$	12.24	$	12.90	$	15.12	$	16.56	$	56.82

2017 (in thousands except per share data)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Total

Total Interest Income	$	27,242	$	28,069	$	29,609	$	29,692	$	114,612
Total Interest Expense		1,376		1,538		1,759		1,616		6,289
Net Interest Income		25,866		26,531		27,850		28,076		108,323
Provision for Credit Losses		600		650		1,600		-		2,850
Net Interest Income After
Provision for Credit Losses		25,266		25,881		26,250		28,076		105,473
Total Non-Interest Income		5,406		3,539		3,638		4,179		16,762
Total Non-Interest Expense		18,422		16,525		16,307		16,500		67,754
Income Before Income Taxes		12,250		12,895		13,581		15,755		54,481
Provision for Income Taxes		4,429		4,708		5,000		11,974		26,111
Net Income	$	7,821	$	8,187	$	8,581	$	3,781	$	28,370
Basic Earnings Per Common Share	$	9.68	$	10.12	$	10.59	$	4.64	$	35.03