Summarized Quarterly Information (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2018


	2019
(Dollars in thousands, except per share data)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Total interest income	$	40,576	$	43,621	$	43,609	$	42,289
Total interest expense	6,662		7,572		7,855		7,168
Net interest income	33,914		36,049		35,754		35,121
(Recoveries of) provision for loan losses	(263)		626		1,005		1,136
Net gain (loss) on investment securities (a)	30		(57)		97		94
Net loss on asset disposals and other transactions (a)	(182)		(293)		(78)		(229)
Total non-interest income excluding net gains and losses (a)	15,581		15,639		16,374		17,298
Amortization of other intangible assets	694		824		953		888
Acquisition-related expenses	253		6,770		199		65
Total non-interest expense excluding amortization of other intangible assets and acquisition-related expenses	30,913		31,282		31,841		32,568
Income tax expense	3,377		2,238		3,281		2,767
Net income	$	14,369	$	9,598	$	14,868	$	14,860
Earnings per common share – basic	$	0.74	$	0.47	$	0.72	$	0.72
Earnings per common share – diluted	$	0.73	$	0.46	$	0.72	$	0.72
Weighted-average common shares outstanding – basic	19,366,008		20,277,028		20,415,245		20,407,505
Weighted-average common shares outstanding – diluted	19,508,868		20,442,366		20,595,769		20,599,127


	2018
(Dollars in thousands, except per share data)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Total interest income	$	33,226	$	37,769	$	39,631	$	40,638
Total interest expense	3,867		4,961		6,307		6,517
Net interest income	29,359		32,808		33,324		34,121
Provision for loan losses	1,983		1,188		1,302		975
Net gain (loss) on investment securities (a)	1		(147)		—		—
Net gain (loss) on asset disposals and other transactions (a)	74		(405)		12		(15)
Total non-interest income excluding net gains and losses (a)	14,894		13,807		14,341		14,192
Amortization of other intangible assets	754		861		862		861
Acquisition-related expenses	149		6,056		675		382
Total non-interest expense excluding amortization of other intangible and acquisition-related expenses	27,318		29,054		29,292		29,713
Income tax expense	2,383		1,012		2,821		2,470
Net income	$	11,741	$	7,892	$	12,725	$	13,897
Earnings per common share – basic	$	0.64	$	0.41	$	0.65	$	0.71
Earnings per common share – diluted	$	0.64	$	0.41	$	0.65	$	0.71
Weighted-average common shares outstanding – basic	18,126,089		19,160,728		19,325,457		19,337,403
Weighted-average common shares outstanding – diluted	18,256,035		19,293,381		19,466,865		19,483,452