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Quarterly Results of Operations (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Results of Operations
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