Note 29 - Quarterly Operating Results (Unaudited) (Tables)

12 Months Ended

Dec. 31, 2022

Notes Tables

Quarterly Financial Information [Table Text Block]

	2022
(dollars in thousands except per share data)	4th quarter		3rd quarter		2nd quarter			1st quarter
Interest income	$	75,150	$	67,410	$	59,108		$	49,984
Interest expense		9,887		5,034		2,124			1,224
Net interest income		65,263		62,376		56,984			48,760
Provision for credit losses		3,375		4,803		(200	)		2,279
Net interest income after provision		61,888		57,573		57,184			46,481
Non-interest income		23,142		24,864		21,940			19,203
Non-interest expenses		45,946		44,873		44,675			56,297
Income before income taxes		39,084		37,564		34,449			9,387
Income tax expense		9,174		9,024		7,547			1,445
Net income	$	29,910	$	28,540	$	26,902		$	7,942
Less income attributed to noncontrolling interest		93		85		108			36
Net income available to stockholders	$	29,817	$	28,455	$	26,794		$	7,906
Basic earnings per share	$	1.02	$	0.98	$	0.92		$	0.29
Diluted earnings per share	$	1.01	$	0.97	$	0.91		$	0.29

	2021
(dollars in thousands except per share data)	4th quarter			3rd quarter			2nd quarter		1st quarter
Interest income	$	47,508		$	46,948		$	43,102	$	39,518
Interest expense		1,326			1,465			1,518		1,693
Net interest income		46,182			45,483			41,584		37,825
Provision for credit losses		(1,900	)		(1,525	)		4,147		(1,475	)
Net interest income after provision		48,082			47,008			37,437		39,300
Non-interest income		18,604			17,614			15,788		13,844
Non-interest expenses		34,572			34,558			48,177		24,973
Income before income taxes		32,114			30,064			5,048		28,171
Income tax expense		7,525			6,902			864		5,461
Net income	$	24,589		$	23,162		$	4,184	$	22,710
Basic earnings per share	$	0.93		$	0.87		$	0.17	$	1.00
Diluted earnings per share	$	0.92		$	0.87		$	0.17	$	0.99

	2020
(dollars in thousands except per share data)	4th quarter		3rd quarter		2nd quarter		1st quarter
Interest income	$	38,339	$	36,144	$	36,506	$	36,882
Interest expense		2,087		2,449		2,978		4,436
Net interest income		36,252		33,695		33,528		32,446
Provision for credit losses		500		4,968		7,025		5,925
Net interest income after provision		35,752		28,727		26,503		26,521
Non-interest income		13,698		13,043		12,622		12,536
Non-interest expenses		29,029		25,646		23,409		23,575
Income before income taxes		20,421		16,124		15,716		15,482
Income tax expense		2,685		1,591		2,348		2,250
Net income	$	17,736	$	14,533	$	13,368	$	13,232
Basic earnings per share	$	0.79	$	0.64	$	0.59	$	0.59
Diluted earnings per share	$	0.78	$	0.64	$	0.59	$	0.58