Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2020

Notes to Financial Statements.

Quarterly Financial Data (Unaudited)

23. Quarterly Financial Data (unaudited)

Selected unaudited quarterly financial data for the fiscal years ended December 31, 2020 and 2019 is presented below:

	2020								2019
	4th		3rd		2nd		1st		4th		3rd		2nd		1st
	(In thousands, except per share data)
Quarterly operating data:
Interest income	$	68,971	$	63,914	$	64,772	$	66,670	$	70,179	$	69,389	$	69,575	$	69,813
Interest expense		13,239		13,990		16,055		25,844		29,000		30,440		29,566		28,010
Net interest income		55,732		49,924		48,717		40,826		41,179		38,949		40,009		41,803
Provision (benefit) for credit losses		3,862		2,470		9,619		7,178		(318)		683		1,474		972
Other operating (loss) income		(1,181)		1,351		13,737		(2,864)		5,038		1,039		2,451		943
Other operating expense		46,811		29,985		28,755		32,380		29,647		26,045		27,158		32,419
Income (loss) before income tax expense		3,878		18,820		24,080		(1,596)		16,888		13,260		13,828		9,355
Income tax expense		417		4,489		5,808		(206)		3,957		2,536		3,272		2,287
Net income (loss)	$	3,461	$	14,331	$	18,272	$	(1,390)	$	12,931	$	10,724	$	10,556	$	7,068
Basic earnings (loss) per common share	$	0.11	$	0.50	$	0.63	$	(0.05)	$	0.45	$	0.37	$	0.37	$	0.25
Diluted earnings (loss) per common share	$	0.11	$	0.50	$	0.63	$	(0.05)	$	0.45	$	0.37	$	0.37	$	0.25
Dividends per common share	$	0.21	$	0.21	$	0.21	$	0.21	$	0.21	$	0.21	$	0.21	$	0.21
Average common shares outstanding for:
Basic earnings per share		30,603		28,874		28,867		28,853		28,723		28,730		28,761		28,621
Diluted earnings per share		30,603		28,874		28,867		28,853		28,723		28,730		28,761		28,621