Summarized Consolidated Quarterly Financial Data (Unaudited)

The following table presents summarized consolidated quarterly data for each of the last three years.



	First Quarter			Second Quarter			Third Quarter		Fourth Quarter
	(Dollars in thousands, except share data)
2018
Total interest income	$	14,113		$	13,588		$	13,888	$	14,324
Total interest expense	3,129			3,459			3,829		4,321
Net interest income	10,984			10,129			10,059		10,003
(Recapture of provision) provision for loan losses	(4,000		)	(400		)	200		200
Net interest income after (recapture of provision) provision for loan losses	14,984			10,529			9,859		9,803
Total noninterest income	646			663			841		728
Total noninterest expense	7,027			7,487			7,201		7,746
Income before provision for income taxes	8,603			3,705			3,499		2,785
Provision for federal income tax expense	1,761			603			707		622
Net income	$	6,842		$	3,102		$	2,792	$	2,163

Basic earnings per share ⁽¹⁾	$	0.67		$	0.30		$	0.27	$	0.21
Diluted earnings per share	$	0.66		$	0.30		$	0.27	$	0.21

2017
Total interest income	$	10,998		$	11,343		$	12,003	$	13,300
Total interest expense	2,136			2,346			2,628		2,912
Net interest income	8,862			8,997			9,375		10,388
Provision (recapture of provision) for loan losses	200			100			500		(1,200		)
Net interest income after provision (recapture of provision) for loan losses	8,662			8,897			8,875		11,588
Total noninterest income	535			731			731		211
Total noninterest expense	6,068			6,836			6,836		7,069
Income before provision for income taxes	3,129			2,792			2,770		4,730
Provision for federal income tax expense	785			924			909		2,324
Net income	$	2,344		$	1,868		$	1,861	$	2,406

Basic earnings per share ⁽¹⁾	$	0.23		$	0.18		$	0.18	$	0.24
Diluted earnings per share ⁽¹⁾	$	0.22		$	0.18		$	0.18	$	0.23

2016
Total interest income	$	9,562		$	9,896		$	10,842	$	11,409
Total interest expense	1,781			1,713			1,908		2,105
Net interest income	7,781			8,183			8,934		9,304
(Recapture of provision) provision for loan losses	(100		)	600			900		(100		)
Net interest income after (recapture of provision) provision for loan losses	7,881			7,583			8,034		9,404
Total noninterest income	480			708			673		790
Total noninterest expense	5,773			6,072			5,254		5,850
Income before provision for income taxes	2,588			2,219			3,453		4,344
Provision for federal income tax expense	763			779			847		1,323
Net income	$	1,825		$	1,440		$	2,606	$	3,021

Basic earnings per share	$	0.14		$	0.12		$	0.22	$	0.29
Diluted earnings per share	$	0.14		$	0.11		$	0.22	$	0.29
⁽¹⁾ Basic and diluted quarterly earnings per share may not equal total for year due to rounding.