XML 48 R32.htm IDEA: XBRL DOCUMENT v3.20.4
Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)

NOTE 24 – QUARTERLY FINANCIAL DATA (UNAUDITED)

 

Quarter Ended 2020

 

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

Total interest income

 

$

27,717

 

 

$

28,142

 

 

$

27,635

 

 

$

28,833

 

Total interest expense

 

 

5,415

 

 

 

4,221

 

 

 

3,470

 

 

 

3,030

 

Net interest income

 

 

22,302

 

 

 

23,921

 

 

 

24,165

 

 

 

25,803

 

Provision for loan losses

 

 

1,100

 

 

 

2,400

 

 

 

2,600

 

 

 

3,000

 

Noninterest income

 

 

7,870

 

 

 

9,136

 

 

 

9,467

 

 

 

10,682

 

Merger related costs (income)

 

 

1,319

 

 

 

48

 

 

 

58

 

 

 

1,798

 

Noninterest expense

 

 

17,418

 

 

 

17,692

 

 

 

17,662

 

 

 

17,979

 

Income before income taxes

 

 

10,335

 

 

 

12,917

 

 

 

13,312

 

 

 

13,708

 

Income taxes

 

 

1,696

 

 

 

1,906

 

 

 

2,443

 

 

 

2,351

 

Net income

 

$

8,639

 

 

$

11,011

 

 

$

10,869

 

 

$

11,357

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$

0.30

 

 

$

0.39

 

 

$

0.38

 

 

$

0.40

 

 

Quarter Ended 2019

 

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

Total interest income

 

$

24,679

 

 

$

25,529

 

 

$

25,931

 

 

$

25,847

 

Total interest expense

 

 

4,714

 

 

 

5,038

 

 

 

5,174

 

 

 

4,682

 

Net interest income

 

 

19,965

 

 

 

20,491

 

 

 

20,757

 

 

 

21,165

 

Provision for loan losses

 

 

550

 

 

 

750

 

 

 

550

 

 

 

600

 

Noninterest income

 

 

6,520

 

 

 

6,994

 

 

 

7,441

 

 

 

7,647

 

Merger related costs (income)

 

 

0

 

 

 

(19

)

 

 

112

 

 

 

104

 

Noninterest expense

 

 

15,977

 

 

 

16,723

 

 

 

16,311

 

 

 

16,247

 

Income before income taxes

 

 

9,958

 

 

 

10,031

 

 

 

11,225

 

 

 

11,861

 

Income taxes

 

 

1,570

 

 

 

1,488

 

 

 

2,071

 

 

 

2,186

 

Net income

 

$

8,388

 

 

$

8,543

 

 

$

9,154

 

 

$

9,675

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted earnings per share

 

$

0.30

 

 

$

0.31

 

 

$

0.33

 

 

$

0.35