Quarterly Results of Operations (Unaudited)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results of Operations (Unaudited)

QUARTERLY RESULTS OF OPERATIONS (UNAUDITED)

The following table presents a summary of the quarterly results of operations for the periods indicated:

	December 31,
	2019								2018
(In thousands, except per share data)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		First Quarter			Second Quarter		Third Quarter		Fourth Quarter
Interest income	$	42,009	$	42,437	$	42,520	$	41,552	$	35,278		$	37,089	$	38,557	$	40,453
Interest expense	10,114		10,864		10,597		9,313		6,376			7,608		8,134		8,866
Net interest income	31,895		31,573		31,923		32,239		28,902			29,481		30,423		31,587
Provision (credit) for credit losses	744		1,173		730		214		(497		)	983		354		7
Non-interest income	9,389		10,037		10,739		11,948		8,804			9,501		10,392		9,479
Non-interest expense	22,783		23,958		23,748		24,814		22,304			22,895		23,166		23,580
Income before income tax expense	17,757		16,479		18,184		19,159		15,899			15,104		17,295		17,479
Income tax expense	3,484		3,275		3,696		3,921		3,079			2,887		3,238		3,502
Net income	$	14,273	$	13,204	$	14,488	$	15,238	$	12,820		$	12,217	$	14,057	$	13,977
Per common share:
Basic	$	0.91	$	0.85	$	0.94	$	1.00	$	0.82		$	0.78	$	0.90	$	0.90
Diluted	$	0.91	$	0.85	$	0.94	$	0.99	$	0.82		$	0.78	$	0.90	$	0.89