Condensed Quarterly Earnings (unaudited) |
Condensed Quarterly Earnings (unaudited) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | 2020 | | 2019 | | Fourth Quarter | | Third Quarter | | Second Quarter | | First Quarter | | Fourth Quarter | | Third Quarter | | Second Quarter | | First Quarter | | (Dollars in Thousands, Except Per Share Data) | Interest income | $ | 25,770 | | | $ | 22,276 | | | $ | 22,761 | | | $ | 23,372 | | | $ | 25,613 | | | $ | 25,438 | | | $ | 25,309 | | | $ | 25,679 | | Interest expense | 3,258 | | | 3,655 | | | 3,873 | | | 6,322 | | | 7,139 | | | 8,662 | | | 8,457 | | | 7,925 | | Net interest income | 22,512 | | | 18,621 | | | 18,888 | | | 17,050 | | | 18,474 | | | 16,776 | | | 16,852 | | | 17,754 | | Provision for loan and lease losses | 4,322 | | | 3,835 | | | 5,469 | | | 3,182 | | | 1,472 | | | 1,349 | | | (784) | | | 49 | | Non-interest income | 6,799 | | | 7,408 | | | 6,319 | | | 6,414 | | | 7,189 | | | 5,792 | | | 5,805 | | | 4,638 | | Non-interest expense | 17,651 | | | 16,758 | | | 18,343 | | | 16,146 | | | 16,773 | | | 14,716 | | | 17,464 | | | 17,742 | | Income before income tax expense | 7,338 | | | 5,436 | | | 1,395 | | | 4,136 | | | 7,418 | | | 6,503 | | | 5,977 | | | 4,601 | | Income tax expense (benefit) | 1,254 | | | 1,143 | | | (1,928) | | | 858 | | | 1,650 | | | 1,418 | | | (595) | | | (1,298) | | Net income | $ | 6,084 | | | $ | 4,293 | | | $ | 3,323 | | | $ | 3,278 | | | $ | 5,768 | | | $ | 5,085 | | | $ | 6,572 | | | $ | 5,899 | | Per common share: | | | | | | | | | | | | | | | | Basic earnings | $ | 0.71 | | | $ | 0.50 | | | $ | 0.38 | | | $ | 0.38 | | | $ | 0.67 | | | $ | 0.59 | | | $ | 0.75 | | | $ | 0.67 | | Diluted earnings | 0.71 | | | 0.50 | | | 0.38 | | | 0.38 | | | 0.67 | | | 0.59 | | | 0.75 | | | 0.67 | | Dividends declared | 0.165 | | | 0.165 | | | 0.165 | | | 0.165 | | | 0.15 | | | 0.15 | | | 0.15 | | | 0.15 | |
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