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Quarterly Results of Operations (Unaudited)
 12 Months Ended
Dec. 31, 2020
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,
20202019
(In thousands, except per share data)
First
Quarter		Second
Quarter		Third
Quarter		Fourth
Quarter		First
Quarter		Second
Quarter		Third
Quarter		Fourth
Quarter
Interest income
$40,213 $39,178 $38,667 $39,142 $42,009 $42,437 $42,520 $41,552 
Interest expense
8,387 4,639 4,186 3,681 10,114 10,864 10,597 9,313 
Net interest income
31,826 34,539 34,481 35,461 31,895 31,573 31,923 32,239 
Provision for credit losses(1)
1,775 9,398 987 258 744 1,173 730 214 
Non-interest income
11,403 12,060 12,696 14,331 9,389 10,037 10,739 11,948 
Non-interest expense
24,561 23,509 25,221 26,692 22,783 23,958 23,748 24,814 
Income before income tax expense
16,893 13,692 20,969 22,842 17,757 16,479 18,184 19,159 
Income tax expense
3,400 2,752 4,194 4,564 3,484 3,275 3,696 3,921 
Net income
$13,493 $10,940 $16,775 $18,278 $14,273 $13,204 $14,488 $15,238 
Per common share:
Basic
$0.89 $0.73 $1.12 $1.22 $0.91 $0.85 $0.94 $1.00 
Diluted
$0.89 $0.73 $1.11 $1.22 $0.91 $0.85 $0.94 $0.99 
(1)    Effective January 1, 2020, the Company adopted the ASU 2016-13 standard to account for the ACL, including the ACL on loans, ACL on off-balance sheet credit exposures, and ACL on AFS and HTM investments. The Company delayed its adoption of ASU 2016-13 under the terms of the CARES Act and, thus, while ASU 2016-13 was adopted effective as of January 1, 2020, annual and interim reporting periods prior to October 1, 2020 are presented under the incurred loss model.