Quarterly Financial Data

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data

Note 19 – Quarterly Financial Data

Quarterly Financial Data - UNAUDITED
	Quarter Ended in 2020
	Mar 31			June 30			Sep 30			Dec 31
Summary of Income:
Interest income	$	17,464		$	17,273		$	17,293		$	18,139
Interest expense		3,411			2,698			2,269			2,015
Net Interest Income		14,053			14,575			15,024			16,124
Provision for loan loss		1,430			1,569			1,987			1,995
Net interest income after provision of loan loss		12,623			13,006			13,037			14,129
Other income (expense)		(7,546	)		(7,041	)		(7,340	)		(5,662	)
Net income before income taxes		5,077			5,965			5,697			8,467
Income taxes		972			1,161			1,287			1,691
Net income	$	4,105		$	4,804		$	4,410		$	6,776
Earnings per Common Share	$	0.37		$	0.43		$	0.40		$	0.60
Average common shares outstanding		11,134,870			11,129,341			11,142,797			11,177,765

	Quarter Ended in 2019
	Mar 31			June 30			Sep 30			Dec 31
Summary of Income:
Interest income	$	15,862		$	18,283		$	17,012		$	17,149
Interest expense		3,085			3,749			4,112			3,813
Net Interest Income		12,777			14,534			12,900			13,336
Provision for loan loss		30			133			247			728
Net interest income after provision for loan loss		12,747			14,401			12,653			12,608
Other income (expense)		(8,799	)		(6,673	)		(7,419	)		(6,756	)
Net income before income taxes		3,948			7,728			5,234			5,852
Income taxes		724			1,548			959			1,129
Net income	$	3,224		$	6,180		$	4,275		$	4,723
Earnings per Common Share	$	0.29		$	0.56		$	0.38		$	0.43
Average common shares outstanding		11,089,839			11,106,367			11,121,426			11,137,004