Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2019

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Data (Unaudited)

NOTE 23 - QUARTERLY FINANCIAL DATA (UNAUDITED)

	Interest Income		Net Interest Income		Net Income (Loss)			Basic Earnings (loss) per Common Share			Diluted Earnings (loss) per Common Share
2019
First quarter (1)(2)	$	24,584	$	21,719	$	9,669		$	0.61		$	0.57
Second quarter (1)(9)		24,926		21,741		8,660			0.55			0.51
Third quarter (3)(9)		24,023		20,418		7,708			0.48			0.46
Fourth quarter (4)		24,521		21,222		7,841			0.48			0.47
2018
First quarter (2)(5)	$	15,924	$	14,772	$	6,989		$	0.65		$	0.55
Second quarter (6)(7)(8)(9)		16,160		14,766		3,014			0.26			0.24
Third quarter (8)(9)(10)		17,886		15,824		(3,433	)		(0.31	)		(0.31	)
Fourth quarter (10)		23,707		20,745		7,569			0.48			0.45

(1) Interest income and net interest income increased due to increased volume and rate on loans, non-taxable securities and interest-bearing deposits in other banks.

(2) Net income increased due to fees on tax refund processing program.

(3) Interest income and net interest income decreased due to a decrease in rate on interest earning assets and an increase on rate on interest-bearing liabilities.

(4) Interest income and net interest income increased due to an increase in loan volume and a decrease in rate on interest-bearing liabilities.

(5) Interest income and net interest income increased due to volume and rate increases on interest-bearing deposits in other banks.

(6) Interest income increased due to increases in loan volume and rate.

(7) Net interest income decreased due to increased volume and rate on FHLB overnight borrowings.

(8) Net income decreased due to merger related expenses.

(9) Net income decreased due to a decrease in fees on the tax refund program.

(10) Interest income and net interest income increased due to increased volume in earning assets.