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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2022
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)

NOTE 25 – QUARTERLY FINANCIAL DATA (UNAUDITED)

 

Quarter Ended 2022

 

December 31

 

 

September 30

 

 

June 30

 

 

March 31

 

Total interest income

 

$

38,111

 

 

$

36,410

 

 

$

34,286

 

 

$

33,279

 

Total interest expense

 

 

8,679

 

 

 

4,629

 

 

 

2,575

 

 

 

2,037

 

Net interest income

 

 

29,432

 

 

 

31,781

 

 

 

31,711

 

 

 

31,242

 

Provision for credit losses

 

 

416

 

 

 

448

 

 

 

616

 

 

 

(358

)

Noninterest income

 

 

8,200

 

 

 

8,827

 

 

 

9,477

 

 

 

17,698

 

Merger related costs

 

 

584

 

 

 

872

 

 

 

674

 

 

 

1,940

 

Noninterest expense

 

 

20,511

 

 

 

20,527

 

 

 

20,787

 

 

 

28,516

 

Income before income taxes

 

 

16,121

 

 

 

18,761

 

 

 

19,111

 

 

 

18,842

 

Income taxes

 

 

2,765

 

 

 

3,315

 

 

 

3,160

 

 

 

2,998

 

Net income

 

$

13,356

 

 

$

15,446

 

 

$

15,951

 

 

$

15,844

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$

0.39

 

 

$

0.46

 

 

$

0.47

 

 

$

0.47

 

 

Quarter Ended 2021

 

December 31

 

 

September 30

 

 

June 30

 

 

March 31

 

Total interest income

 

$

31,685

 

 

$

28,375

 

 

$

28,609

 

 

$

27,790

 

Total interest expense

 

 

1,986

 

 

 

1,841

 

 

 

2,119

 

 

 

2,523

 

Net interest income

 

 

29,699

 

 

 

26,534

 

 

 

26,490

 

 

 

25,267

 

Provision for loan losses

 

 

5,366

 

 

 

(948

)

 

 

50

 

 

 

425

 

Noninterest income

 

 

9,538

 

 

 

9,015

 

 

 

9,508

 

 

 

10,132

 

Merger related costs

 

 

6,521

 

 

 

472

 

 

 

104

 

 

 

12

 

Noninterest expense

 

 

21,140

 

 

 

16,656

 

 

 

16,966

 

 

 

17,305

 

Income before income taxes

 

 

6,210

 

 

 

19,369

 

 

 

18,878

 

 

 

17,657

 

Income taxes

 

 

508

 

 

 

3,358

 

 

 

3,303

 

 

 

3,101

 

Net income

 

$

5,702

 

 

$

16,011

 

 

$

15,575

 

 

$

14,556

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$

0.18

 

 

$

0.56

 

 

$

0.55

 

 

$

0.51