UNAUDITED QUARTERLY FINANCIAL DATA (Tables)

12 Months Ended

Dec. 31, 2022

UNAUDITED QUARTERLY FINANCIAL DATA

Schedule of consolidated quarterly financial data

Selected Consolidated Quarterly Financial Data (dollars, except per share amounts, in thousands)

	2022 Quarter Ended
	December 31		September 30		June 30		March 31
Interest income	$	80,554	$	70,057	$	59,158	$	50,970
Interest expense		16,655		6,732		3,856		4,338
Net interest income		63,899		63,325		55,302		46,632
Provision for loan losses		2,309		2,007		2,400		3,400
Net interest income after provision for loan losses		61,590		61,318		52,902		43,232
Non-interest income		6,350		5,818		6,998		7,427
Non-interest expense		66,659		31,190		26,269		24,619
Income before income taxes		1,281		35,946		33,631		26,040
Income tax expense		9,021		10,991		10,442		7,019
Net income (loss)	$	(7,740)	$	24,955	$	23,189	$	19,021
Basic earnings (loss) per common share	$	(0.71)	$	2.28	$	2.12	$	1.74
Diluted earnings (loss) per common share	$	(0.71)	$	2.23	$	2.07	$	1.69

	2021 Quarter Ended
	December 31		September 30		June 30		March 31
Interest income	$	49,110	$	45,018	$	41,050	$	38,106
Interest expense		4,300		4,226		4,077		3,680
Net interest income		44,810		40,792		36,973		34,426
Provision for loan losses		501		490		1,875		950
Net interest income after provision for loan losses		44,309		40,302		35,098		33,476
Non-interest income		7,057		5,891		6,156		4,593
Non-interest expense		23,314		21,984		21,689		20,325
Income before income taxes		28,052		24,209		19,565		17,744
Income tax expense		9,165		7,994		6,229		5,627
Net income (loss)	$	18,887	$	16,215	$	13,336	$	12,117
Basic earnings (loss) per common share	$	1.74	$	1.82	$	1.59	$	1.46
Diluted earnings (loss) per common share	$	1.69	$	1.77	$	1.55	$	1.43