Summary of Unaudited Quarterly Operating Results (Tables)

12 Months Ended

Dec. 31, 2022

Summary of Unaudited Quarterly Operating Results

Summary of unaudited quarterly operating results

			2022
	Three Months Ended
	March 31		June 30		September 30		December 31
	(In Thousands, Except Per Share Data)
Interest income	$	46,673	$	52,698	$	59,657	$	67,949
Interest expense		3,407		3,867		6,759		13,330
Provision (credit) for credit losses on loans		—		—		2,000		1,000
Provision (credit) for unfunded commitments		(193)		2,223		1,315		(159)
Net realized gain (loss) on available-for-sale securities		7		—		31		(168)
Non-interest income		9,176		9,319		7,984		7,661
Non-interest expense		31,268		33,004		34,758		34,336
Provision for income taxes		4,380		4,699		4,676		4,499
Net income available to common shareholders		16,987		18,224		18,133		22,604
Earnings per common share – diluted		1.30		1.44		1.46		1.84

			2021
	Three Months Ended
	March 31		June 30		September 30		December 31
	(In Thousands, Except Per Share Data)
Interest income	$	50,633	$	50,452	$	49,640	$	47,948
Interest expense		6,544		5,768		4,717		3,723
Provision (credit) for credit losses on loans		300		(1,000)		(3,000)		(3,000)
Provision (credit) for unfunded commitments		(674)		(307)		643		1,277
Non-interest income		9,736		9,585		9,798		9,198
Non-interest expense		30,321		30,191		31,339		35,784
Provision for income taxes		5,010		5,271		5,375		4,081
Net income available to common shareholders		18,868		20,114		20,364		15,281
Earnings per common share – diluted		1.36		1.46		1.49		1.14

			2020
	Three Months Ended
	March 31		June 30		September 30		December 31
	(In Thousands, Except Per Share Data)
Interest income	$	57,474	$	54,011	$	53,599	$	52,619
Interest expense		12,536		10,556		9,431		8,042
Provision for credit losses on loans		3,871		6,000		4,500		1,500
Net realized gains on available-for-sale securities		—		78		—		—
Non-interest income		7,367		8,261		9,466		9,956
Non-interest expense		30,815		29,349		31,988		31,073
Provision for income taxes		2,751		3,164		3,692		4,172
Net income available to common shareholders		14,868		13,203		13,454		17,788
Earnings per common share – diluted		1.04		0.93		0.96		1.28