SELECTED QUARTERLY DATA (UNAUDITED)

12 Months Ended

Dec. 31, 2019

SELECTED QUARTERLY DATA (UNAUDITED)

SELECTED QUARTERLY DATA (UNAUDITED)

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

	4th		3rd		2nd		1st
2019	Quarter		Quarter		Quarter		Quarter
Interest income	$	52,312	$	54,769	$	54,635	$	53,494
Interest expense		13,430		15,224		16,224		15,285
Net interest income		38,882		39,545		38,411		38,209
Provision for loan losses		250		1,000		785		1,200
Net interest income after provision		38,632		38,545		37,626		37,009
Noninterest income		11,119		10,765		11,588		11,525
Noninterest expense		22,122		22,737		22,092		22,473
Income tax expense		5,431		5,119		5,409		4,379
Net income	$	22,198	$	21,454	$	21,713	$	21,682
Basic earnings per common share	$	0.86	$	0.84	$	0.85	$	0.85
Diluted earnings per common share	$	0.86	$	0.83	$	0.85	$	0.84

	4th		3rd		2nd		1st
2018	Quarter		Quarter		Quarter		Quarter
Interest income	$	53,728	$	50,379	$	48,795	$	46,068
Interest expense		14,138		12,454		11,262		9,845
Net interest income		39,590		37,925		37,533		36,223
Provision for loan losses		300		1,100		1,700		3,300
Net interest income after provision		39,290		36,825		35,833		32,923
Noninterest income		10,077		10,624		9,722		9,879
Noninterest expense		22,524		22,200		20,303		21,202
Income tax expense		5,480		4,679		5,110		3,264
Net income	$	21,363	$	20,570	$	20,142	$	18,336
Basic earnings per common share	$	0.84	$	0.81	$	0.80	$	0.73
Diluted earnings per common share	$	0.83	$	0.80	$	0.79	$	0.71