SELECTED QUARTERLY DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2017

Selected Quarterly Financial Information [Abstract]

SELECTED QUARTERLY DATA (UNAUDITED)

NOTE 22 – SELECTED QUARTERLY DATA (UNAUDITED) (in thousands except per share data)

2017	4th	3rd	2nd	1st
	Quarter	Quarter	Quarter	Quarter
Interest income	$44,161	$42,589	$40,821	$38,127
Interest expense	8,769	7,969	7,002	6,066
Net interest income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	35,392	34,620	33,819	32,061
Provision for loan losses	1,850	450	500	200
Net interest income after provision	33,542	34,170	33,319	31,861
Noninterest income	9,462	9,497	8,791	8,259
Noninterest expense	19,598	20,269	19,352	20,048
Income tax expense	11,779	7,573	7,394	5,558
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	$11,627	$15,825	$15,364	$14,514
Basic earnings per common share	$0.46	$0.63	$0.61	$0.58
Diluted earnings per common share	$0.45	$0.62	$0.60	$0.57
2016	4th	3rd	2nd	1st
	Quarter	Quarter	Quarter	Quarter
Interest income	$36,307	$35,079	$34,355	$33,210
Interest expense	5,400	5,360	5,082	4,628
Net interest income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	30,907	29,719	29,273	28,582
Provision for loan losses	1,150	0	0	0
Net interest income after provision	29,757	29,719	29,273	28,582
Noninterest income	8,736	9,018	8,067	7,043
Noninterest expense	18,389	18,759	18,446	17,384
Income tax expense	6,582	6,498	6,091	5,962
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	$13,522	$13,480	$12,803	$12,279
Basic earnings per common share	$0.54	$0.54	$0.51	$0.49
Diluted earnings per common share	$0.53	$0.53	$0.50	$0.48