Quarterly Financial Information [Text Block] |
Note 19: Quarterly Financial Information (Unaudited)
| | For the Three Months Ended | |
| | March 31, | | | June 30, | | | September 30, | | | December 31, | |
| | (In thousands, except per share data and | |
| | price range of common stock) | |
2020 | | | | | | | | | | | | | | | | |
Interest and loan fee income | | $ | 39,991 | | | $ | 41,539 | | | $ | 41,365 | | | $ | 42,961 | |
Net interest income | | | 39,549 | | | | 41,104 | | | | 40,899 | | | | 42,480 | |
Provision for loan losses | | | 4,300 | | | | - | | | | - | | | | - | |
Noninterest income | | | 11,648 | | | | 9,554 | | | | 10,476 | | | | 13,959 | |
Noninterest expense | | | 24,664 | | | | 24,754 | | | | 24,603 | | | | 24,545 | |
Income before taxes | | | 22,233 | | | | 25,904 | | | | 26,772 | | | | 31,894 | |
Net income | | | 16,962 | | | | 19,562 | | | | 20,051 | | | | 23,838 | |
Basic earnings per common share | | | 0.63 | | | | 0.72 | | | | 0.74 | | | | 0.89 | |
Diluted earnings per common share | | | 0.63 | | | | 0.72 | | | | 0.74 | | | | 0.89 | |
Dividends paid per common share | | | 0.41 | | | | 0.41 | | | | 0.41 | | | | 0.41 | |
Price range, common stock | | 47.37 | - | 68.01 | | | 53.40 | - | 64.86 | | | 51.84 | - | 63.58 | | | 51.49 | - | 59.70 | |
2019 | | | | | | | | | | | | | | | | |
Interest and loan fee income | | $ | 39,483 | | | $ | 39,626 | | | $ | 39,695 | | | $ | 39,878 | |
Net interest income | | | 38,989 | | | | 39,139 | | | | 39,240 | | | | 39,427 | |
Provision for loan losses | | | - | | | | - | | | | - | | | | - | |
Noninterest income | | | 11,579 | | | | 12,288 | | | | 11,809 | | | | 11,732 | |
Noninterest expense | | | 25,183 | | | | 25,561 | | | | 24,033 | | | | 24,209 | |
Income before taxes | | | 25,385 | | | | 25,866 | | | | 27,016 | | | | 26,950 | |
Net income | | | 19,646 | | | | 19,625 | | | | 20,390 | | | | 20,728 | |
Basic earnings per common share | | | 0.73 | | | | 0.73 | | | | 0.76 | | | | 0.77 | |
Diluted earnings per common share | | | 0.73 | | | | 0.73 | | | | 0.75 | | | | 0.77 | |
Dividends paid per common share | | | 0.40 | | | | 0.41 | | | | 0.41 | | | | 0.41 | |
Price range, common stock | | 56.82 | - | 64.48 | | | 59.51 | - | 64.82 | | | 59.26 | - | 64.56 | | | 60.65 | - | 68.58 | |
2018 | | | | | | | | | | | | | | | | |
Interest and loan fee income | | $ | 36,315 | | | $ | 37,346 | | | $ | 38,614 | | | $ | 39,448 | |
Net interest income | | | 35,856 | | | | 36,887 | | | | 38,087 | | | | 38,934 | |
Provision for loan losses | | | - | | | | - | | | | - | | | | - | |
Noninterest income | | | 11,955 | | | | 11,769 | | | | 12,528 | | | | 11,897 | |
Noninterest expense | | | 26,022 | | | | 25,741 | | | | 29,366 | | | | 25,787 | |
Income before taxes | | | 21,789 | | | | 22,915 | | | | 21,249 | | | | 25,044 | |
Net income | | | 17,506 | | | | 18,010 | | | | 16,993 | | | | 19,055 | |
Basic earnings per common share | | | 0.66 | | | | 0.68 | | | | 0.64 | | | | 0.71 | |
Diluted earnings per common share | | | 0.66 | | | | 0.67 | | | | 0.63 | | | | 0.71 | |
Dividends paid per common share | | | 0.40 | | | | 0.40 | | | | 0.40 | | | | 0.40 | |
Price range, common stock | | 55.72 | - | 62.52 | | | 55.81 | - | 60.68 | | | 57.56 | - | 64.52 | | | 52.75 | - | 63.20 | |
|